What would happen to the economy if minimum wages are raised?

[hadit]

Again, which comes first, doubled worker pay or doubled productivity?

Henry Ford doubled autoworker wages, not minimum wages, and realized gains from productivity. He did not make the poor lifestyle choice of waiting for government to double minimum wages but not autoworker wages.

IOW, what I said is true. Ford doubled his workers' wages because he could afford to do so. Now, I know it's impossible for you to deal with anything specific that exists in the real world, but I do it all the time. So, back to reality. How is a company that operates on a 3% profit margin going to double worker pay?

Yes, he realized gains from efficiency; it was that form of competition with his rival automakers.

How is a company that operates on a 3% profit margin going to double worker pay? You seem to think that's a corporate ideal and that every company should follow suit, so how are they going to do it? Again, be specific.

Henry Ford was able to advance that capital realization; some of his competition was not. it is capitalism.

IOW, Ford was atypical, so you can't really cite him as a model for all corporations. Good to know we won't be hearing that again.

 

[danielpalos]

A Domino's Pizza Worker makes, cuts & boxes 240 Pizzas an hour for $8/hr. That's 3 cents worth of labor in a $10+ pizza. Robots can't make pizza any cheaper than 3 cents each. Domino's Pizza made $2.22 billion in 2015 an the backs of it's hard working underpaid workers!

So your solution is to ban their jobs?

Where did you get that? Are you implying the capitalist who owns that venture, wants to stop making money so he can go on welfare, to pay even less in taxes.

Jacking the MW up higher than the cost of doing the job with automation effectively kills the job. Thinking people understand that. Why do you think you no longer have a teenager come out of the gas station, pump your gas, check your water, oil, and the air in your tires? It's cheaper to put a pump out there for you to pump your own gas and make you responsible to check all the other stuff yourself. That's exactly what's going to happen to other jobs if you jack the MW to $15/hr. You seem to think that would result in a bunch of people suddenly getting a huge raise in their low skill, repetitive, manual labor job. Not so. It would result in a bunch of people first getting cut back to part time, then seeing their jobs replaced by a fleet of robots that work around the clock, never take vacation or sick time, and don't have bad attitudes.

It is why we need unemployment compensation at fourteen dollars an hour, to promote the general welfare and the general prosperity.

Correction, you want WELFARE at $14/hr. It's not UE when you leave a job because you don't want to work any more. And, be honest. You know very well that a guaranteed universal income of $14/hr would stay at that level about as long as it took to vote on it. The slackers would be demanding big increases immediately when they noticed that those who still had jobs and worked hard at them had more stuff.

Apples and oranges. Welfare should be a means tested program of "last resort" for those for whom solving for a simple poverty of money, may not be enough.

For unemployed potential labor, unemployment compensation should be enough for simply being unemployed in our at-will employment States.

 

[hadit]

So your solution is to ban their jobs?

Where did you get that? Are you implying the capitalist who owns that venture, wants to stop making money so he can go on welfare, to pay even less in taxes.

Jacking the MW up higher than the cost of doing the job with automation effectively kills the job. Thinking people understand that. Why do you think you no longer have a teenager come out of the gas station, pump your gas, check your water, oil, and the air in your tires? It's cheaper to put a pump out there for you to pump your own gas and make you responsible to check all the other stuff yourself. That's exactly what's going to happen to other jobs if you jack the MW to $15/hr. You seem to think that would result in a bunch of people suddenly getting a huge raise in their low skill, repetitive, manual labor job. Not so. It would result in a bunch of people first getting cut back to part time, then seeing their jobs replaced by a fleet of robots that work around the clock, never take vacation or sick time, and don't have bad attitudes.

It is why we need unemployment compensation at fourteen dollars an hour, to promote the general welfare and the general prosperity.

Correction, you want WELFARE at $14/hr. It's not UE when you leave a job because you don't want to work any more. And, be honest. You know very well that a guaranteed universal income of $14/hr would stay at that level about as long as it took to vote on it. The slackers would be demanding big increases immediately when they noticed that those who still had jobs and worked hard at them had more stuff.

Apples and oranges. Welfare should be a means tested program of "last resort" for those for whom solving for a simple poverty of money, may not be enough.

For unemployed potential labor, unemployment compensation should be enough for simply being unemployed in our at-will employment States.

Yes, welfare should be means tested. So should UE. If you lost your job through no fault of your own, we say yes, we will help support you until you can get back on your feet. If you just walk away from a job, though, that's on you.

 

[danielpalos]

Where did you get that? Are you implying the capitalist who owns that venture, wants to stop making money so he can go on welfare, to pay even less in taxes.

Jacking the MW up higher than the cost of doing the job with automation effectively kills the job. Thinking people understand that. Why do you think you no longer have a teenager come out of the gas station, pump your gas, check your water, oil, and the air in your tires? It's cheaper to put a pump out there for you to pump your own gas and make you responsible to check all the other stuff yourself. That's exactly what's going to happen to other jobs if you jack the MW to $15/hr. You seem to think that would result in a bunch of people suddenly getting a huge raise in their low skill, repetitive, manual labor job. Not so. It would result in a bunch of people first getting cut back to part time, then seeing their jobs replaced by a fleet of robots that work around the clock, never take vacation or sick time, and don't have bad attitudes.

It is why we need unemployment compensation at fourteen dollars an hour, to promote the general welfare and the general prosperity.

Correction, you want WELFARE at $14/hr. It's not UE when you leave a job because you don't want to work any more. And, be honest. You know very well that a guaranteed universal income of $14/hr would stay at that level about as long as it took to vote on it. The slackers would be demanding big increases immediately when they noticed that those who still had jobs and worked hard at them had more stuff.

Apples and oranges. Welfare should be a means tested program of "last resort" for those for whom solving for a simple poverty of money, may not be enough.

For unemployed potential labor, unemployment compensation should be enough for simply being unemployed in our at-will employment States.

Yes, welfare should be means tested. So should UE. If you lost your job through no fault of your own, we say yes, we will help support you until you can get back on your feet. If you just walk away from a job, though, that's on you.

don't believe in Capitalism? at-will employment is voluntary. unemployment compensation simply for being unemployed on an at-will basis in our at-will employment States, is more cost effective and will lower our tax burden by providing that positive multiplier effect on our economy. It will be more expensive, but our First World standard of living, is worth it.

 

[hadit]

Jacking the MW up higher than the cost of doing the job with automation effectively kills the job. Thinking people understand that. Why do you think you no longer have a teenager come out of the gas station, pump your gas, check your water, oil, and the air in your tires? It's cheaper to put a pump out there for you to pump your own gas and make you responsible to check all the other stuff yourself. That's exactly what's going to happen to other jobs if you jack the MW to $15/hr. You seem to think that would result in a bunch of people suddenly getting a huge raise in their low skill, repetitive, manual labor job. Not so. It would result in a bunch of people first getting cut back to part time, then seeing their jobs replaced by a fleet of robots that work around the clock, never take vacation or sick time, and don't have bad attitudes.

It is why we need unemployment compensation at fourteen dollars an hour, to promote the general welfare and the general prosperity.

Correction, you want WELFARE at $14/hr. It's not UE when you leave a job because you don't want to work any more. And, be honest. You know very well that a guaranteed universal income of $14/hr would stay at that level about as long as it took to vote on it. The slackers would be demanding big increases immediately when they noticed that those who still had jobs and worked hard at them had more stuff.

Apples and oranges. Welfare should be a means tested program of "last resort" for those for whom solving for a simple poverty of money, may not be enough.

For unemployed potential labor, unemployment compensation should be enough for simply being unemployed in our at-will employment States.

Yes, welfare should be means tested. So should UE. If you lost your job through no fault of your own, we say yes, we will help support you until you can get back on your feet. If you just walk away from a job, though, that's on you.

don't believe in Capitalism? at-will employment is voluntary. unemployment compensation simply for being unemployed on an at-will basis in our at-will employment States, is more cost effective and will lower our tax burden by providing that positive multiplier effect on our economy. It will be more expensive, but our First World standard of living, is worth it.

We've been through this before. If you decide to leave a job, society has no obligation to pay you as if you were still working, end of discussion.

 

[danielpalos]

It is why we need unemployment compensation at fourteen dollars an hour, to promote the general welfare and the general prosperity.

Correction, you want WELFARE at $14/hr. It's not UE when you leave a job because you don't want to work any more. And, be honest. You know very well that a guaranteed universal income of $14/hr would stay at that level about as long as it took to vote on it. The slackers would be demanding big increases immediately when they noticed that those who still had jobs and worked hard at them had more stuff.

Apples and oranges. Welfare should be a means tested program of "last resort" for those for whom solving for a simple poverty of money, may not be enough.

For unemployed potential labor, unemployment compensation should be enough for simply being unemployed in our at-will employment States.

Yes, welfare should be means tested. So should UE. If you lost your job through no fault of your own, we say yes, we will help support you until you can get back on your feet. If you just walk away from a job, though, that's on you.

don't believe in Capitalism? at-will employment is voluntary. unemployment compensation simply for being unemployed on an at-will basis in our at-will employment States, is more cost effective and will lower our tax burden by providing that positive multiplier effect on our economy. It will be more expensive, but our First World standard of living, is worth it.

We've been through this before. If you decide to leave a job, society has no obligation to pay you as if you were still working, end of discussion.

It is about the law. Only the right wing prefers to appeal to ignorance of the law, but call pots, illegal. There is a religious, technical term, for that.

Employment at will is the law of the land via a federal Doctrine, and State laws. A lack of equal protection of the law is more expensive than simply, and morally, bearing True Witness, to our own laws.

 

[dblack]

A Domino's Pizza Worker makes, cuts & boxes 240 Pizzas an hour for $8/hr. That's 3 cents worth of labor in a $10+ pizza. Robots can't make pizza any cheaper than 3 cents each. Domino's Pizza made $2.22 billion in 2015 an the backs of it's hard working underpaid workers!

So your solution is to ban their jobs?

Where did you get that? Are you implying the capitalist who owns that venture, wants to stop making money so he can go on welfare, to pay even less in taxes.

Put down the bong, daniel. Minimum wage bans low wage jobs.

 

[KissMy]

A Domino's Pizza Worker makes, cuts & boxes 240 Pizzas an hour for $8/hr. That's 3 cents worth of labor in a $10+ pizza. Robots can't make pizza any cheaper than 3 cents each. Domino's Pizza made $2.22 billion in 2015 an the backs of it's hard working underpaid workers!

So your solution is to ban their jobs?

Where did you get that? Are you implying the capitalist who owns that venture, wants to stop making money so he can go on welfare, to pay even less in taxes.

Put down the bong, daniel. Minimum wage bans low wage jobs.

Wrong! It created jobs.

 

[dblack]

A Domino's Pizza Worker makes, cuts & boxes 240 Pizzas an hour for $8/hr. That's 3 cents worth of labor in a $10+ pizza. Robots can't make pizza any cheaper than 3 cents each. Domino's Pizza made $2.22 billion in 2015 an the backs of it's hard working underpaid workers!

So your solution is to ban their jobs?

Where did you get that? Are you implying the capitalist who owns that venture, wants to stop making money so he can go on welfare, to pay even less in taxes.

Put down the bong, daniel. Minimum wage bans low wage jobs.

Wrong! It created jobs.

Are you toking too? Minimum wage laws make low-wage jobs illegal. And pointlessly so.

 

[danielpalos]

A Domino's Pizza Worker makes, cuts & boxes 240 Pizzas an hour for $8/hr. That's 3 cents worth of labor in a $10+ pizza. Robots can't make pizza any cheaper than 3 cents each. Domino's Pizza made $2.22 billion in 2015 an the backs of it's hard working underpaid workers!

So your solution is to ban their jobs?

Where did you get that? Are you implying the capitalist who owns that venture, wants to stop making money so he can go on welfare, to pay even less in taxes.

Put down the bong, daniel. Minimum wage bans low wage jobs.

Why should I do that? I have high hopes and pipe dreams of advancing a fourteen dollar an hour minimum wage simply for being unemployed, if there is a fifteen dollar an hour minimum wage for actually having a work ethic. Why should more social Labor have to care about Capitalists and their, natural rate of for-profit, unemployment.

 

[danielpalos]

A Domino's Pizza Worker makes, cuts & boxes 240 Pizzas an hour for $8/hr. That's 3 cents worth of labor in a $10+ pizza. Robots can't make pizza any cheaper than 3 cents each. Domino's Pizza made $2.22 billion in 2015 an the backs of it's hard working underpaid workers!

So your solution is to ban their jobs?

Where did you get that? Are you implying the capitalist who owns that venture, wants to stop making money so he can go on welfare, to pay even less in taxes.

Put down the bong, daniel. Minimum wage bans low wage jobs.

Wrong! It created jobs.

Are you toking too? Minimum wage laws make low-wage jobs illegal. And pointlessly so.

who cares; the left aims to actually solve simple poverty instead of pay the right to make money on our Wars on Crime, Drugs, Poverty, and Terror.

 

[EdwardBaiamonte]

the left aims to actually solve simple poverty

welfare does not solve poverty but rather cripples more and more human beings and thus creates the need for more and more welfare. Ever see a liberal who has said we now have enough welfare? What does that teach you?

 

[Slashsnake]

A Domino's Pizza Worker makes, cuts & boxes 240 Pizzas an hour for $8/hr. That's 3 cents worth of labor in a $10+ pizza. Robots can't make pizza any cheaper than 3 cents each. Domino's Pizza made $2.22 billion in 2015 an the backs of it's hard working underpaid workers!

Domino's Pizza would be lucky to sell 240 pizzas a day at most of their locations yet alone an hour. Besides, many pizzas at Domino's are like $5.99 or $7.99, not $10+ like you say. Live in the real world and not la-la land.

On a typical Saturday Night there are usually about 400 pizza orders on the board at one time in a typical location. They will make about 2,000 pizzas on a Saturday Night.

400 pizza orders on the board at one time? You must live in New York City or something, or Dominos is B.S'ing you.

I can guarantee you most locations won't sell 400 pizzas a day in a 12 hour time period. Each location would have to make 33 pizzas an hour, and I doubt that's the case unless you live in a mega city.

In fact, most of the work day is likely dead outside of lunch and dinner, you know, because people work jobs and either don't order a whole pizza and get smaller fast food like McDonalds, or they bring their own lunch to work.

 

[danielpalos]

A Domino's Pizza Worker makes, cuts & boxes 240 Pizzas an hour for $8/hr. That's 3 cents worth of labor in a $10+ pizza. Robots can't make pizza any cheaper than 3 cents each. Domino's Pizza made $2.22 billion in 2015 an the backs of it's hard working underpaid workers!

So your solution is to ban their jobs?

Where did you get that? Are you implying the capitalist who owns that venture, wants to stop making money so he can go on welfare, to pay even less in taxes.

Put down the bong, daniel. Minimum wage bans low wage jobs.

pick up a bong more often, d. Unemployment compensation on an at-will basis, means socialism can pick up capitalism's, laissez-fair slack, like usual; we don't even have to call it a bailout.

 

[danielpalos]

A Domino's Pizza Worker makes, cuts & boxes 240 Pizzas an hour for $8/hr. That's 3 cents worth of labor in a $10+ pizza. Robots can't make pizza any cheaper than 3 cents each. Domino's Pizza made $2.22 billion in 2015 an the backs of it's hard working underpaid workers!

So your solution is to ban their jobs?

Where did you get that? Are you implying the capitalist who owns that venture, wants to stop making money so he can go on welfare, to pay even less in taxes.

Put down the bong, daniel. Minimum wage bans low wage jobs.

Wrong! It created jobs.

Are you toking too? Minimum wage laws make low-wage jobs illegal. And pointlessly so.

a minimum wage is still, low-wage. you should pick up a bong more often.

 

[danielpalos]

the left aims to actually solve simple poverty

welfare does not solve poverty but rather cripples more and more human beings and thus creates the need for more and more welfare. Ever see a liberal who has said we now have enough welfare? What does that teach you?

only means tested welfare does that when it is miss-applied. unemployment compensation for simply being unemployed, is more rational, as a choice under any form of capitalism.

 

[dblack]

So your solution is to ban their jobs?

Where did you get that? Are you implying the capitalist who owns that venture, wants to stop making money so he can go on welfare, to pay even less in taxes.

Put down the bong, daniel. Minimum wage bans low wage jobs.

Wrong! It created jobs.

Are you toking too? Minimum wage laws make low-wage jobs illegal. And pointlessly so.

a minimum wage is still, low-wage. you should pick up a bong more often.

Then I could float right on by the point without noticing it, like you do?

 

[KissMy]

You are clueless on real economics & only regurgitate worthless PC B.S.

 

[danielpalos]

You are clueless on real economics & only regurgitate worthless PC B.S.

fantasy, is all the right wing, really has.