$15 minimum wage would destroy 1.4 Million jobs

[Wyatt earp]

And this is according to the Far Left CBO.

Undoubtably it would be a lot more.

Any poor person who needs to work deserves this shit sandwich they are being served- if they actually voted for the Dems.

Raising minimum wage to $15 would cost 1.4 million jobs, CBO says

Raising the federal minimum wage to $15 an hour would cost 1.4 million jobs over the next four years, according to the Congressional Budget Office.

www.cnbc.com

That's the whole point for the Democrats. They want to transition low-wage workers from private payrolls to government welfare, where they can be more easily controlled and subjugated.

How?

Raising the minimum wage to a level employers won't pay and the market won't tolerate is the most direct method. You didn't think employers were just going to eat those increased labor costs, did you? Of course not, they'll increase prices, automate, or simply decrease staff (most likely, since it costs them nothing to lay people off). This isn't difficult. It's very clear what the end game is here.

Did this happen in Seattle?

Also automation has been happening since machines were invented.

So, an employer will just lay off workers and not think at all about their customers? The increased demand of productivity on remaining ones...

A very shortsightedness

You see Seattle lately everyone is rioting because of no jobs

 

[Toddsterpatriot]

And this is according to the Far Left CBO.

Undoubtably it would be a lot more.

Any poor person who needs to work deserves this shit sandwich they are being served- if they actually voted for the Dems.

Raising minimum wage to $15 would cost 1.4 million jobs, CBO says

Raising the federal minimum wage to $15 an hour would cost 1.4 million jobs over the next four years, according to the Congressional Budget Office.

www.cnbc.com

That's the whole point for the Democrats. They want to transition low-wage workers from private payrolls to government welfare, where they can be more easily controlled and subjugated.

Where do right wingers come up with their right wing fantasy. How is that going to happen when higher paid labor creates more in demand and generates more in tax revenue? The minimum wage should be high enough to lower the cost of Government through reduced need for social services, and the taxes necessary for that form of Socialism. Why do limited Government right wingers have any problem with it?

How is that going to happen when higher paid labor creates more in demand and generates more in tax revenue?

Because it doesn't.

Yes, it does in every long run equilibrium.

No it doesn't.
Long term or short term.

 

[danielpalos]

And this is according to the Far Left CBO.

Undoubtably it would be a lot more.

Any poor person who needs to work deserves this shit sandwich they are being served- if they actually voted for the Dems.

Raising minimum wage to $15 would cost 1.4 million jobs, CBO says

Raising the federal minimum wage to $15 an hour would cost 1.4 million jobs over the next four years, according to the Congressional Budget Office.

www.cnbc.com

That's the whole point for the Democrats. They want to transition low-wage workers from private payrolls to government welfare, where they can be more easily controlled and subjugated.

Where do right wingers come up with their right wing fantasy. How is that going to happen when higher paid labor creates more in demand and generates more in tax revenue? The minimum wage should be high enough to lower the cost of Government through reduced need for social services, and the taxes necessary for that form of Socialism. Why do limited Government right wingers have any problem with it?

How is that going to happen when higher paid labor creates more in demand and generates more in tax revenue?

Because it doesn't.

Yes, it does in every long run equilibrium.

No it doesn't.
Long term or short term.

Simply because You type it on the Internet?
Yes, it does in Every long run equilibrium. What do you believe higher paid labor is going to do with their income at that wage rate?

 

[Toddsterpatriot]

Simply because You type it on the Internet?

Simply because ......math.

 

[Dadoalex]

And this is according to the Far Left CBO.

Undoubtably it would be a lot more.

Any poor person who needs to work deserves this shit sandwich they are being served- if they actually voted for the Dems.

Raising minimum wage to $15 would cost 1.4 million jobs, CBO says

Raising the federal minimum wage to $15 an hour would cost 1.4 million jobs over the next four years, according to the Congressional Budget Office.

www.cnbc.com

For the last 25 years every increase in the minimum wage was met by two threats from Republicans

That unemployment would go up and that businesses would fail.

In every case unemployment went DOWN and economic activity increased.

Do you know why?
When those at the bottom earn a bit more, they spend it increasing business activity.
Increased business activity increases employment and other economic indicators.

When you give those at the top a few extra buck they pay off bills and buy stocks neither of which contribute much to economic activity.

You are buying into a myth.

 

[Toddsterpatriot]

And this is according to the Far Left CBO.

Undoubtably it would be a lot more.

Any poor person who needs to work deserves this shit sandwich they are being served- if they actually voted for the Dems.

Raising minimum wage to $15 would cost 1.4 million jobs, CBO says

Raising the federal minimum wage to $15 an hour would cost 1.4 million jobs over the next four years, according to the Congressional Budget Office.

www.cnbc.com

For the last 25 years every increase in the minimum wage was met by two threats from Republicans

That unemployment would go up and that businesses would fail.

In every case unemployment went DOWN and economic activity increased.

Do you know why?
When those at the bottom earn a bit more, they spend it increasing business activity.
Increased business activity increases employment and other economic indicators.

When you give those at the top a few extra buck they pay off bills and buy stocks neither of which contribute much to economic activity.

You are buying into a myth.

For the last 25 years every increase in the minimum wage was met by two threats from Republicans

That unemployment would go up and that businesses would fail.

Minimum wage hikes don't cause unemployment? Never cause business failures? Link?

 

[Dadoalex]

If a job can't pay even $15 an hour, then it's not a real job and doesn't need doing. In any case, China Joe is already flooding the country with the first waves of some 100 million 'refugees' by Christmas, so all you labor racketeers who have been stuffing your pockets with the gains from hiring criminal illegal aliens aren't going to be paying but maybe $5 an hour anyway, so quit snveling like little bitches having a bad hair day.

All jobs need doing, otherwise there would be no job offers. Minimum wage are not real jobs, they are starter jobs for kids, stay at home mothers and wives during school season, and perhaps retired people. If you want to make grown up money, you need to get a real job which means acquiring an education, skill, trade, or field of work.

Welcome to 2021. Perhaps you'd like to update your information from 1976?

In the Bush economic collapse lots of jobs were lost that never came back. Those people are now working those minimum wage jobs. Whether it is paying $15 for a kid for 6 hours a week or $15 for a 40 yo woman working 40 hours.

One more thing...

Every increase in the minimum wage since 1995 has been followed by significant increases in employment, economic activity, and stock values. Your masters want the increased stock values and the extra few bucks they don't want to pay their employees.

stock market rule.
Bulls make money.
Bears make money.
Pigs get eaten.
Looks like it's suppertime!

 

[Toddsterpatriot]

If a job can't pay even $15 an hour, then it's not a real job and doesn't need doing. In any case, China Joe is already flooding the country with the first waves of some 100 million 'refugees' by Christmas, so all you labor racketeers who have been stuffing your pockets with the gains from hiring criminal illegal aliens aren't going to be paying but maybe $5 an hour anyway, so quit snveling like little bitches having a bad hair day.

All jobs need doing, otherwise there would be no job offers. Minimum wage are not real jobs, they are starter jobs for kids, stay at home mothers and wives during school season, and perhaps retired people. If you want to make grown up money, you need to get a real job which means acquiring an education, skill, trade, or field of work.

Welcome to 2021. Perhaps you'd like to update your information from 1976?

In the Bush economic collapse lots of jobs were lost that never came back. Those people are now working those minimum wage jobs. Whether it is paying $15 for a kid for 6 hours a week or $15 for a 40 yo woman working 40 hours.

One more thing...

Every increase in the minimum wage since 1995 has been followed by significant increases in employment, economic activity, and stock values. Your masters want the increased stock values and the extra few bucks they don't want to pay their employees.

stock market rule.
Bulls make money.
Bears make money.
Pigs get eaten.
Looks like it's suppertime!

Every increase in the minimum wage since 1995 has been followed by significant increases in employment, economic activity, and stock values.

What about the increases before 1995?

 

[Dadoalex]

If a job can't pay even $15 an hour, then it's not a real job and doesn't need doing. In any case, China Joe is already flooding the country with the first waves of some 100 million 'refugees' by Christmas, so all you labor racketeers who have been stuffing your pockets with the gains from hiring criminal illegal aliens aren't going to be paying but maybe $5 an hour anyway, so quit snveling like little bitches having a bad hair day.

All jobs need doing, otherwise there would be no job offers. Minimum wage are not real jobs, they are starter jobs for kids, stay at home mothers and wives during school season, and perhaps retired people. If you want to make grown up money, you need to get a real job which means acquiring an education, skill, trade, or field of work.

Welcome to 2021. Perhaps you'd like to update your information from 1976?

In the Bush economic collapse lots of jobs were lost that never came back. Those people are now working those minimum wage jobs. Whether it is paying $15 for a kid for 6 hours a week or $15 for a 40 yo woman working 40 hours.

One more thing...

Every increase in the minimum wage since 1995 has been followed by significant increases in employment, economic activity, and stock values. Your masters want the increased stock values and the extra few bucks they don't want to pay their employees.

stock market rule.
Bulls make money.
Bears make money.
Pigs get eaten.
Looks like it's suppertime!

Every increase in the minimum wage since 1995 has been followed by significant increases in employment, economic activity, and stock values.

What about the increases before 1995?

I did my research. you do yours.

 

[Toddsterpatriot]

If a job can't pay even $15 an hour, then it's not a real job and doesn't need doing. In any case, China Joe is already flooding the country with the first waves of some 100 million 'refugees' by Christmas, so all you labor racketeers who have been stuffing your pockets with the gains from hiring criminal illegal aliens aren't going to be paying but maybe $5 an hour anyway, so quit snveling like little bitches having a bad hair day.

All jobs need doing, otherwise there would be no job offers. Minimum wage are not real jobs, they are starter jobs for kids, stay at home mothers and wives during school season, and perhaps retired people. If you want to make grown up money, you need to get a real job which means acquiring an education, skill, trade, or field of work.

Welcome to 2021. Perhaps you'd like to update your information from 1976?

In the Bush economic collapse lots of jobs were lost that never came back. Those people are now working those minimum wage jobs. Whether it is paying $15 for a kid for 6 hours a week or $15 for a 40 yo woman working 40 hours.

One more thing...

Every increase in the minimum wage since 1995 has been followed by significant increases in employment, economic activity, and stock values. Your masters want the increased stock values and the extra few bucks they don't want to pay their employees.

stock market rule.
Bulls make money.
Bears make money.
Pigs get eaten.
Looks like it's suppertime!

Every increase in the minimum wage since 1995 has been followed by significant increases in employment, economic activity, and stock values.

What about the increases before 1995?

I did my research. you do yours.

Sounds like you made shit up.

 

[Dadoalex]

If a job can't pay even $15 an hour, then it's not a real job and doesn't need doing. In any case, China Joe is already flooding the country with the first waves of some 100 million 'refugees' by Christmas, so all you labor racketeers who have been stuffing your pockets with the gains from hiring criminal illegal aliens aren't going to be paying but maybe $5 an hour anyway, so quit snveling like little bitches having a bad hair day.

All jobs need doing, otherwise there would be no job offers. Minimum wage are not real jobs, they are starter jobs for kids, stay at home mothers and wives during school season, and perhaps retired people. If you want to make grown up money, you need to get a real job which means acquiring an education, skill, trade, or field of work.

Welcome to 2021. Perhaps you'd like to update your information from 1976?

In the Bush economic collapse lots of jobs were lost that never came back. Those people are now working those minimum wage jobs. Whether it is paying $15 for a kid for 6 hours a week or $15 for a 40 yo woman working 40 hours.

One more thing...

Every increase in the minimum wage since 1995 has been followed by significant increases in employment, economic activity, and stock values. Your masters want the increased stock values and the extra few bucks they don't want to pay their employees.

stock market rule.
Bulls make money.
Bears make money.
Pigs get eaten.
Looks like it's suppertime!

Every increase in the minimum wage since 1995 has been followed by significant increases in employment, economic activity, and stock values.

What about the increases before 1995?

I did my research. you do yours.

Sounds like you made shit up.

Sounds like you don't have the foggiest notion as to what you're commenting on and are both too lazy and too stupid to look it up yourself.

So, we'll just leave it with you being ignorant and wrong. It's what make you a Trumpinista.

 

[Toddsterpatriot]

Sounds like you don't have the foggiest notion as to what you're commenting

I was commenting on your unsourced claim.

 

[AFrench2]

Destroy forever? Could they come back??

 

[Dadoalex]

Sounds like you don't have the foggiest notion as to what you're commenting

I was commenting on your unsourced claim.

Posted on multiple occasions. Easy enough to look up.

I am not your 4th grade history teacher. If you're grow'd up enough to be commenting here you're grow'd up enough to look up what you do not know.

 

[marvin martian]

You don't get it at all, probably because you've never worked, either outside government employment, or at all. Employers don't have to pay increased labor costs for low-skilled workers because they have other options, such as automation. Despite the fantasies of the left, employers aren't going to just eat increased labor costs. They will avoid them, or pass them on in the form of higher prices.

Right wingers simply enjoy hating on the Poor. Cost are passed on to the consumer all the time. Even the dollar menu won't double.

You don't believe that. Biden got "elected" with billions from Wall Street, Big Tech, Big Media, and the rich, white union bigwigs. You know that.

 

[Toddsterpatriot]

Sounds like you don't have the foggiest notion as to what you're commenting

I was commenting on your unsourced claim.

Posted on multiple occasions. Easy enough to look up.

I am not your 4th grade history teacher. If you're grow'd up enough to be commenting here you're grow'd up enough to look up what you do not know.

Posted on multiple occasions. Easy enough to look up.

If you've posted it multiple times.....what's one more?

I am not your 4th grade history teacher.

Based on your 4th grade understanding of economics, obviously not.

 

[otto105]

And this is according to the Far Left CBO.

Undoubtably it would be a lot more.

Any poor person who needs to work deserves this shit sandwich they are being served- if they actually voted for the Dems.

Raising minimum wage to $15 would cost 1.4 million jobs, CBO says

Raising the federal minimum wage to $15 an hour would cost 1.4 million jobs over the next four years, according to the Congressional Budget Office.

www.cnbc.com

That's the whole point for the Democrats. They want to transition low-wage workers from private payrolls to government welfare, where they can be more easily controlled and subjugated.

How?

Raising the minimum wage to a level employers won't pay and the market won't tolerate is the most direct method. You didn't think employers were just going to eat those increased labor costs, did you? Of course not, they'll increase prices, automate, or simply decrease staff (most likely, since it costs them nothing to lay people off). This isn't difficult. It's very clear what the end game is here.

To them they don't care in there tiny minds they think they are sticking it to the rich

No, you think that it is sticking it to the rich. That’s why you carry their water.

 

[danielpalos]

Simply because You type it on the Internet?

Simply because ......math.

The math proves my point not yours.

 

[Dadoalex]

Sounds like you don't have the foggiest notion as to what you're commenting

I was commenting on your unsourced claim.

Posted on multiple occasions. Easy enough to look up.

I am not your 4th grade history teacher. If you're grow'd up enough to be commenting here you're grow'd up enough to look up what you do not know.

Posted on multiple occasions. Easy enough to look up.

If you've posted it multiple times.....what's one more?

I am not your 4th grade history teacher.

Based on your 4th grade understanding of economics, obviously not.

That you are too lazy or too stupid to look for yourself imbues no obligation on my part to cure your willful ignorance.

At least there's that 4th grade understanding. As opposed to your complete ignorance.

 

[otto105]

Higher wages cause inflation.

Not with supply side economics. Supply, supply, supply!

Supply side economics was a complete failure where ever it was tried.