Biden to double minimum wage

[Toddsterpatriot]

Labor is only one factor of production and those costs can easily be justified and passed on to consumers

Spoken like a moron who failed Econ 101 and never took another class.

 

[Toddsterpatriot]

As I predicted, Biden is driving the final sword into the heart of small business. $15 an hour minimum wage, a new raft of government regulations and Covid requirements will guarantee that no one in their right mind will want to start a new small business. Thank you China, thank you Democrats.

People need to get out of poverty wages. I would rather eat a food stamp.

People need to get out of poverty wages.

How is $0 better than $7.25?

Businesses that can´t afford wages that are sufficient to make a living don´t have a reason to exist, actually.

Excellent idea to get people out of poverty wages.....eliminate their jobs. DURR.

Only immoral capitalists do that instead of simply passing costs to the consumer who can afford more with a higher minimum wage.

Only immoral capitalists do that instead of simply passing costs to the consumer who can afford more with a higher minimum wage.

How does a consumer making $30/hr afford to pay more when the minimum wage hits $15?

 

[irosie91]

NOw if he would just double my medicare, and military pension...

So I can afford to pay for what teenagers buy.

...but, according to right wingers all it takes is effort to get a better paying job to improve your standard of living.

but, according to right wingers all it takes is effort to get a better paying job to improve your standard of living.

paying someone $100 an hour to flip burgers is going to raise THEIR standard of living, but it's only going to hurt people on set incomes.

I believe that the entire economy is going to IMPLODE---not because the leaders are INCOMPETENT, but because they are ambitious and nefarious

Labor is only one factor of production and those costs can easily be justified and passed on to consumers

Spoken like a moron who failed Econ 101 and never took another class.

I never did Econ 101 and even I find the unbridled IMPERIAL TOSSING OF GOLD FROM HIGH---into
the gutter------ to be a philosophical and practical
problem

 

[danielpalos]

Labor is only one factor of production and those costs can easily be justified and passed on to consumers

Spoken like a moron who failed Econ 101 and never took another class.

Spoken like a true right winger who only has ignorance to appeal to and has no problem with it.

 

[danielpalos]

As I predicted, Biden is driving the final sword into the heart of small business. $15 an hour minimum wage, a new raft of government regulations and Covid requirements will guarantee that no one in their right mind will want to start a new small business. Thank you China, thank you Democrats.

People need to get out of poverty wages. I would rather eat a food stamp.

People need to get out of poverty wages.

How is $0 better than $7.25?

Businesses that can´t afford wages that are sufficient to make a living don´t have a reason to exist, actually.

Excellent idea to get people out of poverty wages.....eliminate their jobs. DURR.

Only immoral capitalists do that instead of simply passing costs to the consumer who can afford more with a higher minimum wage.

Only immoral capitalists do that instead of simply passing costs to the consumer who can afford more with a higher minimum wage.

How does a consumer making $30/hr afford to pay more when the minimum wage hits $15?

How much of a problem do they have now? Besides, raising the minimum wage creates an upward pressure on wages in general.

 

[danielpalos]

Says the ignorant right wing who want to be taken as seriously as the "gospel Truth" with only the immorality of false witness bearing.

 

[Auld Phart]

As I predicted, Biden is driving the final sword into the heart of small business. $15 an hour minimum wage, a new raft of government regulations and Covid requirements will guarantee that no one in their right mind will want to start a new small business. Thank you China, thank you Democrats.

People need to get out of poverty wages. I would rather eat a food stamp.

People need to get out of poverty wages.

How is $0 better than $7.25?

Businesses that can´t afford wages that are sufficient to make a living don´t have a reason to exist, actually.

Excellent idea to get people out of poverty wages.....eliminate their jobs. DURR.

Only immoral capitalists do that instead of simply passing costs to the consumer who can afford more with a higher minimum wage.

Only immoral capitalists do that instead of simply passing costs to the consumer who can afford more with a higher minimum wage.

How does a consumer making $30/hr afford to pay more when the minimum wage hits $15?

How much of a problem do they have now? Besides, raising the minimum wage creates an upward pressure on wages in general.

Besides, raising the minimum wage creates an upward pressure on wages in general.

What does it do for pensions?

 

[danielpalos]

As I predicted, Biden is driving the final sword into the heart of small business. $15 an hour minimum wage, a new raft of government regulations and Covid requirements will guarantee that no one in their right mind will want to start a new small business. Thank you China, thank you Democrats.

People need to get out of poverty wages. I would rather eat a food stamp.

People need to get out of poverty wages.

How is $0 better than $7.25?

Businesses that can´t afford wages that are sufficient to make a living don´t have a reason to exist, actually.

Excellent idea to get people out of poverty wages.....eliminate their jobs. DURR.

Only immoral capitalists do that instead of simply passing costs to the consumer who can afford more with a higher minimum wage.

Only immoral capitalists do that instead of simply passing costs to the consumer who can afford more with a higher minimum wage.

How does a consumer making $30/hr afford to pay more when the minimum wage hits $15?

How much of a problem do they have now? Besides, raising the minimum wage creates an upward pressure on wages in general.

Besides, raising the minimum wage creates an upward pressure on wages in general.

What does it do for pensions?

I have heard that pensions are tied to inflation now.

 

[Auld Phart]

As I predicted, Biden is driving the final sword into the heart of small business. $15 an hour minimum wage, a new raft of government regulations and Covid requirements will guarantee that no one in their right mind will want to start a new small business. Thank you China, thank you Democrats.

People need to get out of poverty wages. I would rather eat a food stamp.

People need to get out of poverty wages.

How is $0 better than $7.25?

Businesses that can´t afford wages that are sufficient to make a living don´t have a reason to exist, actually.

Excellent idea to get people out of poverty wages.....eliminate their jobs. DURR.

Only immoral capitalists do that instead of simply passing costs to the consumer who can afford more with a higher minimum wage.

Only immoral capitalists do that instead of simply passing costs to the consumer who can afford more with a higher minimum wage.

How does a consumer making $30/hr afford to pay more when the minimum wage hits $15?

How much of a problem do they have now? Besides, raising the minimum wage creates an upward pressure on wages in general.

Besides, raising the minimum wage creates an upward pressure on wages in general.

What does it do for pensions?

I have heard that pensions are tied to inflation now.

My military pension has always been tied to inflation.

as approved by Congress.

Some years, I get as much as a 2% increase.



and at the age of 71, I don't see me getting a part time job to help with monthly funds.

 

[danielpalos]

As I predicted, Biden is driving the final sword into the heart of small business. $15 an hour minimum wage, a new raft of government regulations and Covid requirements will guarantee that no one in their right mind will want to start a new small business. Thank you China, thank you Democrats.

People need to get out of poverty wages. I would rather eat a food stamp.

People need to get out of poverty wages.

How is $0 better than $7.25?

Businesses that can´t afford wages that are sufficient to make a living don´t have a reason to exist, actually.

Excellent idea to get people out of poverty wages.....eliminate their jobs. DURR.

Only immoral capitalists do that instead of simply passing costs to the consumer who can afford more with a higher minimum wage.

Only immoral capitalists do that instead of simply passing costs to the consumer who can afford more with a higher minimum wage.

How does a consumer making $30/hr afford to pay more when the minimum wage hits $15?

How much of a problem do they have now? Besides, raising the minimum wage creates an upward pressure on wages in general.

Besides, raising the minimum wage creates an upward pressure on wages in general.

What does it do for pensions?

I have heard that pensions are tied to inflation now.

My military pension has always been tied to inflation.

as approved by Congress.

Some years, I get as much as a 2% increase.



and at the age of 71, I don't see me getting a part time job to help with monthly funds.

Then, why are you immoral enough to complain about the minimum wage for the Poor?

 

[Toddsterpatriot]

Labor is only one factor of production and those costs can easily be justified and passed on to consumers

Spoken like a moron who failed Econ 101 and never took another class.

Spoken like a true right winger who only has ignorance to appeal to and has no problem with it.

I would never try to appeal to your ignorance.

 

[Toddsterpatriot]

How much of a problem do they have now?

You said they could afford more. You lied.

 

[danielpalos]

Labor is only one factor of production and those costs can easily be justified and passed on to consumers

Spoken like a moron who failed Econ 101 and never took another class.

Spoken like a true right winger who only has ignorance to appeal to and has no problem with it.

I would never try to appeal to your ignorance.

Thanks. I try to resort to the fewest fallacies for just that reason.

 

[danielpalos]

How much of a problem do they have now?

You said they could afford more. You lied.

How is it a lie? The richest can afford it, why shouldn't those rich enough to be paid thirty dollars an hour?

 

[Toddsterpatriot]

How is it a lie? The richest can afford it, why shouldn't those rich enough to be paid thirty dollars an hour?

You said consumers, like the guy making $30/hr, can afford to pay more, because they'll make more, after the minimum wage is hiked to $15.

If you can't explain how, just say so.

Or admit you lied.

 

[MarathonMike]

After all that fat cat socialism under the Blob, Biden has some real useful present for the populace: An increase of the federal minimum wage by more than 100 %.

Biden minimum wage proposal could lift more than 1 million workers out of poverty

Federal minimum wage has been frozen at $7.25 for more than a decade, the longest period without a raise since 1938.

www.cbsnews.com

Something tells me you have never been a small business owner.

Something tells me small business owners complaining about a Minimum wage are just lousy Capitalists who can only make it on the back of Cheap labor in our First World economy.

That proves my guess is correct. You have no clue how difficult it is and how many expenses small business owners incur to make their business profitable. The profit margin is typically small, a $15 an hour MW all but guarantees a secondary wave of closures.

 

[danielpalos]

How is it a lie? The richest can afford it, why shouldn't those rich enough to be paid thirty dollars an hour?

You said consumers, like the guy making $30/hr, can afford to pay more, because they'll make more, after the minimum wage is hiked to $15.

If you can't explain how, just say so.

Or admit you lied.

I don't need to lie, unlike right wingers who have nothing but fallacy.

A higher minimum wage puts an upward pressure on wages. The private sector is a price taker not a price maker since that is a function of Government and done by the public sector under the statutory authority of (the socialism of) Law.

 

[danielpalos]

After all that fat cat socialism under the Blob, Biden has some real useful present for the populace: An increase of the federal minimum wage by more than 100 %.

Biden minimum wage proposal could lift more than 1 million workers out of poverty

Federal minimum wage has been frozen at $7.25 for more than a decade, the longest period without a raise since 1938.

www.cbsnews.com

Something tells me you have never been a small business owner.

Something tells me small business owners complaining about a Minimum wage are just lousy Capitalists who can only make it on the back of Cheap labor in our First World economy.

That proves my guess is correct. You have no clue how difficult it is and how many expenses small business owners incur to make their business profitable. The profit margin is typically small, a $15 an hour MW all but guarantees a secondary wave of closures.

You seem to have even less understanding. Business can simply pass on some costs to the consumers like they do for everything else they can get away with. Why are right wingers so disingenuous?

 

[Toddsterpatriot]

How is it a lie? The richest can afford it, why shouldn't those rich enough to be paid thirty dollars an hour?

You said consumers, like the guy making $30/hr, can afford to pay more, because they'll make more, after the minimum wage is hiked to $15.

If you can't explain how, just say so.

Or admit you lied.

I don't need to lie, unlike right wingers who have nothing but fallacy.

A higher minimum wage puts an upward pressure on wages. The private sector is a price taker not a price maker since that is a function of Government and done by the public sector under the statutory authority of (the socialism of) Law.

I don't need to lie,

But you still did.

A higher minimum wage puts an upward pressure on wages.

It's quicker if you just admit you lied.

The private sector is a price taker not a price maker since that is a function of Government

The government is a price maker? How did that work out historically?

 

[MarathonMike]

After all that fat cat socialism under the Blob, Biden has some real useful present for the populace: An increase of the federal minimum wage by more than 100 %.

Biden minimum wage proposal could lift more than 1 million workers out of poverty

Federal minimum wage has been frozen at $7.25 for more than a decade, the longest period without a raise since 1938.

www.cbsnews.com

Something tells me you have never been a small business owner.

Something tells me small business owners complaining about a Minimum wage are just lousy Capitalists who can only make it on the back of Cheap labor in our First World economy.

That proves my guess is correct. You have no clue how difficult it is and how many expenses small business owners incur to make their business profitable. The profit margin is typically small, a $15 an hour MW all but guarantees a secondary wave of closures.

You seem to have even less understanding. Business can simply pass on some costs to the consumers like they do for everything else they can get away with. Why are right wingers so disingenuous?

Hey Paul Krugman, I have been a co-owner of a small business that had a $3 million+ payroll. You can't impose an across the board $15 an hr minimum wage without causing massive damage to small businesses. SOME businesses can pass cost increases to consumers MOST cannot without adverse affects on their business.