38% employers will lay off employees if minimum wage raised..we told you!

[healthmyths]

Those of us that have a modicum of business intelligence told you naive supporters of MW increases these activities would happen!

A new study has found that 38 percent of employers will lay workers off if the minimum wage is increased as President Barack Obama has proposed.
Express Employment Professionals, the nation’s largest privately held staffing firm, surveyed 1,213 business owners and human resources professionals nationwide asking them if they would be impacted if the minimum wage was increased.
Roughly 54 percent of the study participants said they would reduce hiring and
65 percent said they would raise prices on their goods and services.
Study: 38 Percent Of Employers Will Lay Off Workers If Minimum Wage Is Hiked « CBS DC

The problem is that most naive ignorant people have NO idea the affect of raising the MW in that the devastating affect was REDUCED hiring.. so much for
this administration's job creation efforts!

 

[healthmyths]

Come on people! Tell me that THESE employers are full of crap!
They don't know what they are doing!
Tell this to these employers!
https://www.census.gov/econ/smallbus.html

• Firms with 1 to 4 employees 3,617,764 employees 6,086,291 payroll $ 232,062,907,000
• Firms with 5 to 9 employees 1,056,947 employees 6,878,051 payroll $ 222,504,912,000
• Firms with 10 to 19 employees 633,141 employees 8,497,391 payroll $ 293,534,352,000
• Firms with 20 to 99 employees 526,307 employees 20,684,691 payroll $ 774,589,335,000

 

[Truthseeker420]

If you need 10 people and you pay them 100 dollars a day to make a 1000 widgets at 1000 dollars a widgets, if you had to pay the workers 150 dollars a day, would you fire 2 workers and lose 2000 dollars a day to save 300 dollars a day?

 

[rightwinger]

We hear this threat every time they raise the minimum wage

It never happens

 

[Darkwind]

If you need 10 people and you pay them 100 dollars a day to make a 1000 widgets at 1000 dollars a widgets, if you had to pay the workers 150 dollars a day, would you fire 2 workers and lose 2000 dollars a day to save 300 dollars a day?

Thats not how it works.

 

[Billy000]

Those of us that have a modicum of business intelligence told you naive supporters of MW increases these activities would happen!

A new study has found that 38 percent of employers will lay workers off if the minimum wage is increased as President Barack Obama has proposed.
Express Employment Professionals, the nation’s largest privately held staffing firm, surveyed 1,213 business owners and human resources professionals nationwide asking them if they would be impacted if the minimum wage was increased.
Roughly 54 percent of the study participants said they would reduce hiring and
65 percent said they would raise prices on their goods and services.
Study: 38 Percent Of Employers Will Lay Off Workers If Minimum Wage Is Hiked « CBS DC

The problem is that most naive ignorant people have NO idea the affect of raising the MW in that the devastating affect was REDUCED hiring.. so much for
this administration's job creation efforts!

This is a poll on a hypothetical. It's a non sense predictor. The CBO estimates about 500,000 will be laid off. However, 900,000 will be lifted out of poverty and millions more will have better wages.

 

[Truthseeker420]

If you need 10 people and you pay them 100 dollars a day to make a 1000 widgets at 1000 dollars a widgets, if you had to pay the workers 150 dollars a day, would you fire 2 workers and lose 2000 dollars a day to save 300 dollars a day?

Thats not how it works.

Really? Tell me how it works.

 

[O.R.I.O.N]

Unbelievable. This is where a government needs to step in and have a little chat with the big CEO's. You make millions,your workers aren't asking for that. Simply asking for a wage they can raise a family on!

 

[guno]

Those of us that have a modicum of business intelligence told you naive supporters of MW increases these activities would happen!

A new study has found that 38 percent of employers will lay workers off if the minimum wage is increased as President Barack Obama has proposed.
Express Employment Professionals, the nation’s largest privately held staffing firm, surveyed 1,213 business owners and human resources professionals nationwide asking them if they would be impacted if the minimum wage was increased.
Roughly 54 percent of the study participants said they would reduce hiring and
65 percent said they would raise prices on their goods and services.
Study: 38 Percent Of Employers Will Lay Off Workers If Minimum Wage Is Hiked « CBS DC

The problem is that most naive ignorant people have NO idea the affect of raising the MW in that the devastating affect was REDUCED hiring.. so much for
this administration's job creation efforts!

Really? we hear the same crap every time the Min wage goes up. In Washingtom state it went up to 10 dollars and hour and the unemployment fell

Accordingly, a few weeks ago, over 100 economists at organizations ranging from the Center for American Progress to Boston University signed a petition in support of increasing the minimum wage. They present current research from well-established organizations such as the National Bureau of Economic Research that shows there are no negative employment effects from minimum wage increases. This includes the most comprehensive data available, based on the increasingly accurate testing that has occurred as more and more states increase minimum wage levels. Even more importantly, this recent series of studies use cutting-edge econometric techniques to control for extraneous variables such as economic downturns and geographic effects. When economists do that, they find that minimum wage increases do not reduce employment.

 

[Truthseeker420]

Those of us that have a modicum of business intelligence told you naive supporters of MW increases these activities would happen!

A new study has found that 38 percent of employers will lay workers off if the minimum wage is increased as President Barack Obama has proposed.
Express Employment Professionals, the nation’s largest privately held staffing firm, surveyed 1,213 business owners and human resources professionals nationwide asking them if they would be impacted if the minimum wage was increased.
Roughly 54 percent of the study participants said they would reduce hiring and
65 percent said they would raise prices on their goods and services.
Study: 38 Percent Of Employers Will Lay Off Workers If Minimum Wage Is Hiked « CBS DC

The problem is that most naive ignorant people have NO idea the affect of raising the MW in that the devastating affect was REDUCED hiring.. so much for
this administration's job creation efforts!

This is a poll on a hypothetical. It's a non sense predictor. The CBO estimates about 500,000 will be laid off. However, 900,000 will be lifted out of poverty and millions more will have better wages.

But the CBO didn't calculate the effect on the market of the increase in personal income.

 

[guno]

Those of us that have a modicum of business intelligence told you naive supporters of MW increases these activities would happen!

A new study has found that 38 percent of employers will lay workers off if the minimum wage is increased as President Barack Obama has proposed.
Express Employment Professionals, the nation’s largest privately held staffing firm, surveyed 1,213 business owners and human resources professionals nationwide asking them if they would be impacted if the minimum wage was increased.
Roughly 54 percent of the study participants said they would reduce hiring and
65 percent said they would raise prices on their goods and services.
Study: 38 Percent Of Employers Will Lay Off Workers If Minimum Wage Is Hiked « CBS DC

The problem is that most naive ignorant people have NO idea the affect of raising the MW in that the devastating affect was REDUCED hiring.. so much for
this administration's job creation efforts!

Really? we hear the same crap every time the Min wage goes up. In Washingtom state it went up to 10 dollars and hour and the unemployment fell

Accordingly, a few weeks ago, over 100 economists at organizations ranging from the Center for American Progress to Boston University signed a petition in support of increasing the minimum wage. They present current research from well-established organizations such as the National Bureau of Economic Research that shows there are no negative employment effects from minimum wage increases. This includes the most comprehensive data available, based on the increasingly accurate testing that has occurred as more and more states increase minimum wage levels. Even more importantly, this recent series of studies use cutting-edge econometric techniques to control for extraneous variables such as economic downturns and geographic effects. When economists do that, they find that minimum wage increases do not reduce employment.

Minimum Wage In Washington: After 16 Years, State With Highest Minimum Wage Maintains Lower Unemployment Than National, Regional Averages.

 

[Spiderman]

Those of us that have a modicum of business intelligence told you naive supporters of MW increases these activities would happen!

A new study has found that 38 percent of employers will lay workers off if the minimum wage is increased as President Barack Obama has proposed.
Express Employment Professionals, the nation’s largest privately held staffing firm, surveyed 1,213 business owners and human resources professionals nationwide asking them if they would be impacted if the minimum wage was increased.
Roughly 54 percent of the study participants said they would reduce hiring and
65 percent said they would raise prices on their goods and services.
Study: 38 Percent Of Employers Will Lay Off Workers If Minimum Wage Is Hiked « CBS DC

The problem is that most naive ignorant people have NO idea the affect of raising the MW in that the devastating affect was REDUCED hiring.. so much for
this administration's job creation efforts!

Really? we hear the same crap every time the Min wage goes up. In Washingtom state it went up to 10 dollars and hour and the unemployment fell

Accordingly, a few weeks ago, over 100 economists at organizations ranging from the Center for American Progress to Boston University signed a petition in support of increasing the minimum wage. They present current research from well-established organizations such as the National Bureau of Economic Research that shows there are no negative employment effects from minimum wage increases. This includes the most comprehensive data available, based on the increasingly accurate testing that has occurred as more and more states increase minimum wage levels. Even more importantly, this recent series of studies use cutting-edge econometric techniques to control for extraneous variables such as economic downturns and geographic effects. When economists do that, they find that minimum wage increases do not reduce employment.

Feel free to move to any of those countries.

 

[CrusaderFrank]

Obama is trying to match FDR's 2 terms of record economic failure

 

[O.R.I.O.N]

Obama is trying to match FDR's 2 terms of record economic failure

Obama and FDR would look like economic genius's compared to ANY libertardians economic policies.That is unless you are rich and all.

 

[DiamondDave]

If you need 10 people and you pay them 100 dollars a day to make a 1000 widgets at 1000 dollars a widgets, if you had to pay the workers 150 dollars a day, would you fire 2 workers and lose 2000 dollars a day to save 300 dollars a day?

When an automated widget maker then is cheaper in making the widgets at a total cost of $275 a day, damn straight I would.. as well as getting rid of the other 8

 

[DiamondDave]

Those of us that have a modicum of business intelligence told you naive supporters of MW increases these activities would happen!

A new study has found that 38 percent of employers will lay workers off if the minimum wage is increased as President Barack Obama has proposed.
Express Employment Professionals, the nation’s largest privately held staffing firm, surveyed 1,213 business owners and human resources professionals nationwide asking them if they would be impacted if the minimum wage was increased.
Roughly 54 percent of the study participants said they would reduce hiring and
65 percent said they would raise prices on their goods and services.
Study: 38 Percent Of Employers Will Lay Off Workers If Minimum Wage Is Hiked « CBS DC

The problem is that most naive ignorant people have NO idea the affect of raising the MW in that the devastating affect was REDUCED hiring.. so much for
this administration's job creation efforts!

This is a poll on a hypothetical. It's a non sense predictor. The CBO estimates about 500,000 will be laid off. However, 900,000 will be lifted out of poverty and millions more will have better wages.

But the CBO didn't calculate the effect on the market of the increase in personal income.

Which increases across the board because now supervisor X who was making $10 an hour is not going to be satisfied with making the same as burger flipper Y.. and on up the line

This huge change (30+%) in minimum wage ONLY CHANGES THE NUMERIC VALUE OF THE BOTTOM RUNG.. the lowest will still be the lowest, the poor will still be the poor...

The wage does not just increase while the costs stay the same

Idiots

 

[healthmyths]

Those of us that have a modicum of business intelligence told you naive supporters of MW increases these activities would happen!

A new study has found that 38 percent of employers will lay workers off if the minimum wage is increased as President Barack Obama has proposed.
Express Employment Professionals, the nation’s largest privately held staffing firm, surveyed 1,213 business owners and human resources professionals nationwide asking them if they would be impacted if the minimum wage was increased.
Roughly 54 percent of the study participants said they would reduce hiring and
65 percent said they would raise prices on their goods and services.
Study: 38 Percent Of Employers Will Lay Off Workers If Minimum Wage Is Hiked « CBS DC

The problem is that most naive ignorant people have NO idea the affect of raising the MW in that the devastating affect was REDUCED hiring.. so much for
this administration's job creation efforts!

This is a poll on a hypothetical. It's a non sense predictor. The CBO estimates about 500,000 will be laid off. However, 900,000 will be lifted out of poverty and millions more will have better wages.

How many more "millions have better wages"?
How many of the Minimum wage earners are under 24 and do not support a family?

 

[Asclepias]

The nature of money is such that more of it in circulation will cause inflation. This will negate the raise which you will see a few years after the minimum wage is increased. This will allow people to get their heads above water for a short time but it will correct itself.

 

[Interpol]

There is no empirical evidence to show that the OP's claim has ever panned out to be true.

Nobody ever would choose to lose a higher cost of productivity over a lower cost of wage increases.

 

[healthmyths]

If you need 10 people and you pay them 100 dollars a day to make a 1000 widgets at 1000 dollars a widgets, if you had to pay the workers 150 dollars a day, would you fire 2 workers and lose 2000 dollars a day to save 300 dollars a day?

Amazing!
Now tell me if you come up with the correct answer to this question.
Subtract 42 million from 46 million.

What do you get?