Democrat Rep on CNN: We don't want Small Businesses

[Lesh]

Was my example too complicated for you?

no. it was so simplistic as to be laughable

You see to have absolutely no real understanding of business or economics...or you're simply being dishonest

 

[Lesh]

Todd keeps talking about "adding value". To what exactly?

Are we talking about start up or existing businesses...

I have a thousand more questions (because it's not a simple subject)...none of which you'll even attempt to answer

 

[Toddsterpatriot]

no. it was so simplistic as to be laughable

So post your unsimplistic one.

 

[Toddsterpatriot]

Todd keeps talking about "adding value". To what exactly?

Are we talking about start up or existing businesses...

I have a thousand more questions (because it's not a simple subject)...none of which you'll even attempt to answer

Are we talking about start up or existing businesses...

Does one or the other not need employees who create more value than they are paid?

Give an example. Make it complicated.

 

[Lesh]

Todd keeps talking about "adding value". To what exactly?

Are we talking about start up or existing businesses...

I have a thousand more questions (because it's not a simple subject)...none of which you'll even attempt to answer

Are we talking about start up or existing businesses...

Does one or the other not need employees who create more value than they are paid?

Give an example. Make it complicated.

You have this obsession with "adding value" and "creating value".

Clearly those are just buzzwords and phrases to you.

Until you explain what that actually means you have said nothing.

I have started a business from the ground up and I continue to run that business.

It begins with a business model. You start with the idea for a product (or service). You calculate the costs involved in producing that. Those costs include MANY things (labor being only one)

You look at the costs against the expected revenue and calculate your price point. That tells you if you will make a profit . It also tells you how MUCH profit you can make. If that profit is too low you look at scaling up production to increase profit. The margin remains the same unless you can cut costs in some way.

Most costs are fixed (although buying in volume can cut costs). YOU seem to think that labor is the easiest way to increase margin and you use buzzwords to justify that

 

[Toddsterpatriot]

Todd keeps talking about "adding value". To what exactly?

Are we talking about start up or existing businesses...

I have a thousand more questions (because it's not a simple subject)...none of which you'll even attempt to answer

Are we talking about start up or existing businesses...

Does one or the other not need employees who create more value than they are paid?

Give an example. Make it complicated.

You have this obsession with "adding value" and "creating value".

Clearly those are just buzzwords and phrases to you.

Until you explain what that actually means you have said nothing.

I have started a business from the ground up and I continue to run that business.

It begins with a business model. You start with the idea for a product (or service). You calculate the costs involved in producing that. Those costs include MANY things (labor being only one)

You look at the costs against the expected revenue and calculate your price point. That tells you if you will make a profit . It also tells you how MUCH profit you can make. If that profit is too low you look at scaling up production to increase profit. The margin remains the same unless you can cut costs in some way.

Most costs are fixed (although buying in volume can cut costs). YOU seem to think that labor is the easiest way to increase margin and you use buzzwords to justify that

You have this obsession with "adding value" and "creating value".

Clearly those are just buzzwords and phrases to you.

Until you explain what that actually means you have said nothing.

It's from economics. Something most liberals are really ignorant of........


value added
[value added]

NOUN
economics

1. the amount by which the value of an article is increased at each stage of its production, exclusive of initial costs.

YOU seem to think that labor is the easiest way to increase margin and you use buzzwords to justify that

I've never said that. Value added isn't a buzzword.

 

[bripat9643]

Everyone who doesn't have a high enough salary.....dies?

I don't believe you.

Try living on $3/ day and talk to me about "surviving". Oh you want to pay more? Why? If you can manipulate the economy such that you can pay that right...why would you not? You don't care about your workers ability to survive. You just get new ones...right?

The very people fighting the $15/ hr MW would NEVER allow that deportation because that is a big part of how they depress wages.

I know, that's why we should deport them, to stick it to the man!!

Nice fantasy. Of course that'd never happen. They WANT that cheap workforce both because they're cheap and because they depress wages across the board. It's as STRATEGY TO DEPRESS WAGES.

They have been bringing in that cheap immigrant labor for almost 200 years

And how do you combat that? make them legal. Shut off the tap. Raise the minimum wage

Nothing depresses wages like importing cheap labor from overseas. Yet, who supports opening the flood gates to illegal aliens? The first thing der Fuhrer Biden did when he got into office was eliminate all the EOs Trump created that keep cheap labor in Mexico where it belongs.

It's hillarious watching you NAZI turds pretending you are against cheap labor.

 

[bripat9643]

that depends on whether you’re a business owner or an employee. Many employees produce much much more in value than they get paid and those profits go to the business owner. That’s how business works.

If you're an employee and you only produce $10/hour in value, how much should you be paid?

Generally speaking if an employee is producing $10 an hour of value then if the business is going to survive it would need to pay that employee $3-$5 an hour. Of course there are many other factors at play.

If this is the circumstance then the business owner needs to restructure and develop a better business model or train the employee to produce more value.

Generally speaking if an employee is producing $10 an hour of value then if the business is going to survive it would need to pay that employee $3-$5 an hour.

And if a $15/ hour mandate was enacted?

If this is the circumstance then the business owner needs to restructure and develop a better business model or train the employee to produce more value.

Some people just aren't very productive, no matter what the business model or amount of training (like 30 year olds still making minimum wage).

Min wage workers aren’t there to produce business they are there to exacute

In which state does making $15,000 a year keep a person above the poverty line?

Who said it needs to do that?
Less than 2% of workers make minimum wage and about half of them are 25 and under.

Why should businesses pay full time employees wages that keeps them above the poverty line?! How about so the tax payers don’t need to pay full time workers welfare to keep them afloat despite the fact they are fully employed. That may be a point you agree with

Why should businesses pay full time employees wages that keeps them above the poverty line?!

Exactly.

If you produce $10/hour in value, what should your wages be?

so the tax payers don’t need to pay full time workers welfare to keep them afloat

Would the taxpayer funded welfare be higher or lower without the job?

It’s up to the business owner to run their business to produce adequate value to pay their employees, just as it’s up to them to meet regulations and codes for the states and industries they do business in. A persons time is worth more than poverty. If you work for yourself and you produce $10 an hour of value then that’s what you will get and you likely won’t make it. But if you are going to employee people then you have a responsibility to those employees

Yep, your responsibility is to pay them as agreed, nothing more.

.

exactly, which is why there is movement to get the minimum agreement higher and better for workers

Yet all it will create is fewer workers, tell the ones put out of a job how much better it is for them. You commies just don't think things through.

.

What do you mean they don't think it through. Of course they do. Its been analyzed and studied.
It would cost 1.4 million jobs in exchange for raising 900,000 out of poverty.

https://www.cbo.gov/system/files/2019-07/CBO-55410-MinimumWage2019.pdf

So you believe that since you're fine with that everyone else should be true?

I marvel at how the leftwing mind works.

No, I don't believe that everybody should feel the same way I do. I actually don't think the $15 min wage should be in this bill, but who cares what I think and feel? Nobody. Can we get back to the debate now? I'm not done schooling you.

So are you fine with everyone opposing the $15/hr minimum wage or not?

 

[Cecilie1200]

Rep. Ro Khanna (D-CA) told CNN in an interview on Sunday that he and presumably other Democrats “don’t want low-wage” small businesses as he advocated for increasing the minimum wage. “We don’t want low-wage businesses,” he said when asked if mom and pop shops should be forced to pay employees more. “I think most successful small businesses can pay a fair wage.”

Democrat Rep. Ro Khanna: ‘We Don’t Want Low-Wage’ Small Businesses That Pay Less Than $15 Minimum Wage | The Daily Wire

www.dailywire.com

No beating around the bush there. The Rich and big-time Corporations only. F these local businesses who don't succeed by economies of scale. No open market of ideas. If you can't pay what I think you should, you should be erased.

The latest daily example of Leftist totalitarianism.

What is wrong with not wanting businesses that pay low wages? The state has one of the highest cost factors to exist there. The state is number one in the nation with GDP.

What is wrong with not wanting businesses that pay low wages?

Many people lack the skills and experience to get any but a low wage job.
Are they to be trapped on welfare their entire life?

The state is number one in the nation with GDP.

Number one in population.

It is not always about skills but location, lower wages are ok in places where the cost of living is lower yet California is not that place.

True enough.

I live in SoCal and two people making minimum wage can barely make it on what they take home. And if they have kids, forget it. They live hand to mouth.

Why in the ever-loving fuck would you be starting a family on minimum wage? Does the concept of "making wise life decisions" not enter into your thinking ever?

 

[bripat9643]

In which state does making $15,000 a year keep a person above the poverty line?

Who said it needs to do that?
Less than 2% of workers make minimum wage and about half of them are 25 and under.

Why should businesses pay full time employees wages that keeps them above the poverty line?! How about so the tax payers don’t need to pay full time workers welfare to keep them afloat despite the fact they are fully employed. That may be a point you agree with

Are you so stupid as to think the commies won't alter the definition of the poverty line as the minimum wage goes up? You can bet your ass they'll move in tandem.

.

Of course they will, it’s subjective. So what?! What do you think the poverty line is?

Do you think a school kid that works for the minimum wage making spending money and being supported by their parents for all the necessities is living below the poverty line? This one size fits all bullshit is exactly that, BS.

I do think of them. What about them?

Your nonresponse is duly noted.

.

What do you mean my nonresponse. I asked a question in response. What about the kids? If businesses wants to hire and train kids and that time isn't worth what they pay for min wage then they can do an internship. I don't see the point that you are trying to get to

Why would any kid do an "internship" stocking shelves at a grocery store for no pay? How is getting no pay better than getting minimum wage?

Why couldn't they get paid?

The meaning of "internship" is a job where you don't get paid, moron. You just admitted they wouldn't be4 paid when you said "If businesses wants to hire and train kids and that time isn't worth what they pay for min wage then they can do an internship." in other words, don't pay them, or pay them less than the minimum wage., at any rate.

 

[bripat9643]

that depends on whether you’re a business owner or an employee. Many employees produce much much more in value than they get paid and those profits go to the business owner. That’s how business works.

If you're an employee and you only produce $10/hour in value, how much should you be paid?

Generally speaking if an employee is producing $10 an hour of value then if the business is going to survive it would need to pay that employee $3-$5 an hour. Of course there are many other factors at play.

If this is the circumstance then the business owner needs to restructure and develop a better business model or train the employee to produce more value.

Generally speaking if an employee is producing $10 an hour of value then if the business is going to survive it would need to pay that employee $3-$5 an hour.

And if a $15/ hour mandate was enacted?

If this is the circumstance then the business owner needs to restructure and develop a better business model or train the employee to produce more value.

Some people just aren't very productive, no matter what the business model or amount of training (like 30 year olds still making minimum wage).

Min wage workers aren’t there to produce business they are there to exacute

In which state does making $15,000 a year keep a person above the poverty line?

Who said it needs to do that?
Less than 2% of workers make minimum wage and about half of them are 25 and under.

Why should businesses pay full time employees wages that keeps them above the poverty line?! How about so the tax payers don’t need to pay full time workers welfare to keep them afloat despite the fact they are fully employed. That may be a point you agree with

Why should businesses pay full time employees wages that keeps them above the poverty line?!

Exactly.

If you produce $10/hour in value, what should your wages be?

so the tax payers don’t need to pay full time workers welfare to keep them afloat

Would the taxpayer funded welfare be higher or lower without the job?

It’s up to the business owner to run their business to produce adequate value to pay their employees, just as it’s up to them to meet regulations and codes for the states and industries they do business in. A persons time is worth more than poverty. If you work for yourself and you produce $10 an hour of value then that’s what you will get and you likely won’t make it. But if you are going to employee people then you have a responsibility to those employees

Yep, your responsibility is to pay them as agreed, nothing more.

.

exactly, which is why there is movement to get the minimum agreement higher and better for workers

Yet all it will create is fewer workers, tell the ones put out of a job how much better it is for them. You commies just don't think things through.

.

What do you mean they don't think it through. Of course they do. Its been analyzed and studied.
It would cost 1.4 million jobs in exchange for raising 900,000 out of poverty.

https://www.cbo.gov/system/files/2019-07/CBO-55410-MinimumWage2019.pdf

Actually if you read closely it says it COULD cost 1.4 million jobs...or it could cost ZERO jobs.

History favors the latter

No it doesn't, and the laws of economics mean the former is the rule.

Did you just say the laws of economics?! You are cracking me up today!

That cracks you up? I'm not the one claiming the laws of supply and demand don't pertain to the cost of labor.

 

[bripat9643]

Min wage workers aren’t there to produce business they are there to exacute

All workers are there to add value.
If you mandate a higher wage than they are capable of producing, you will cost them their jobs.

Here comes the broken record... Who determines the value an employee adds?

Who determines the value an employee adds?

Math.

Consumers.

 

[Moonglow]

Rep. Ro Khanna (D-CA) told CNN in an interview on Sunday that he and presumably other Democrats “don’t want low-wage” small businesses as he advocated for increasing the minimum wage. “We don’t want low-wage businesses,” he said when asked if mom and pop shops should be forced to pay employees more. “I think most successful small businesses can pay a fair wage.”

Democrat Rep. Ro Khanna: ‘We Don’t Want Low-Wage’ Small Businesses That Pay Less Than $15 Minimum Wage | The Daily Wire

www.dailywire.com

No beating around the bush there. The Rich and big-time Corporations only. F these local businesses who don't succeed by economies of scale. No open market of ideas. If you can't pay what I think you should, you should be erased.

The latest daily example of Leftist totalitarianism.

What is wrong with not wanting businesses that pay low wages? The state has one of the highest cost factors to exist there. The state is number one in the nation with GDP.

What is wrong with not wanting businesses that pay low wages?

Many people lack the skills and experience to get any but a low wage job.
Are they to be trapped on welfare their entire life?

The state is number one in the nation with GDP.

Number one in population.

It is not always about skills but location, lower wages are ok in places where the cost of living is lower yet California is not that place.

True enough.

I live in SoCal and two people making minimum wage can barely make it on what they take home. And if they have kids, forget it. They live hand to mouth.

Why in the ever-loving fuck would you be starting a family on minimum wage? Does the concept of "making wise life decisions" not enter into your thinking ever?

I doubt a wild night of sex depends on income. Unless you're Donald Trump who has to pay for it.

 

[Lesh]

Why in the ever-loving fuck would you be starting a family on minimum wage? Does the concept of "making wise life decisions" not enter into your thinking ever?

What are you going to do? Forced sterilization of poor folks now?

 

[Slade3200]

that depends on whether you’re a business owner or an employee. Many employees produce much much more in value than they get paid and those profits go to the business owner. That’s how business works.

If you're an employee and you only produce $10/hour in value, how much should you be paid?

Generally speaking if an employee is producing $10 an hour of value then if the business is going to survive it would need to pay that employee $3-$5 an hour. Of course there are many other factors at play.

If this is the circumstance then the business owner needs to restructure and develop a better business model or train the employee to produce more value.

Generally speaking if an employee is producing $10 an hour of value then if the business is going to survive it would need to pay that employee $3-$5 an hour.

And if a $15/ hour mandate was enacted?

If this is the circumstance then the business owner needs to restructure and develop a better business model or train the employee to produce more value.

Some people just aren't very productive, no matter what the business model or amount of training (like 30 year olds still making minimum wage).

Min wage workers aren’t there to produce business they are there to exacute

In which state does making $15,000 a year keep a person above the poverty line?

Who said it needs to do that?
Less than 2% of workers make minimum wage and about half of them are 25 and under.

Why should businesses pay full time employees wages that keeps them above the poverty line?! How about so the tax payers don’t need to pay full time workers welfare to keep them afloat despite the fact they are fully employed. That may be a point you agree with

Why should businesses pay full time employees wages that keeps them above the poverty line?!

Exactly.

If you produce $10/hour in value, what should your wages be?

so the tax payers don’t need to pay full time workers welfare to keep them afloat

Would the taxpayer funded welfare be higher or lower without the job?

It’s up to the business owner to run their business to produce adequate value to pay their employees, just as it’s up to them to meet regulations and codes for the states and industries they do business in. A persons time is worth more than poverty. If you work for yourself and you produce $10 an hour of value then that’s what you will get and you likely won’t make it. But if you are going to employee people then you have a responsibility to those employees

Yep, your responsibility is to pay them as agreed, nothing more.

.

exactly, which is why there is movement to get the minimum agreement higher and better for workers

Yet all it will create is fewer workers, tell the ones put out of a job how much better it is for them. You commies just don't think things through.

.

What do you mean they don't think it through. Of course they do. Its been analyzed and studied.
It would cost 1.4 million jobs in exchange for raising 900,000 out of poverty.

https://www.cbo.gov/system/files/2019-07/CBO-55410-MinimumWage2019.pdf

So you believe that since you're fine with that everyone else should be true?

I marvel at how the leftwing mind works.

No, I don't believe that everybody should feel the same way I do. I actually don't think the $15 min wage should be in this bill, but who cares what I think and feel? Nobody. Can we get back to the debate now? I'm not done schooling you.

So are you fine with everyone opposing the $15/hr minimum wage or not?

Of course I’m fine with people opposing the wage... don’t see why that matters

 

[Slade3200]

In which state does making $15,000 a year keep a person above the poverty line?

Who said it needs to do that?
Less than 2% of workers make minimum wage and about half of them are 25 and under.

Why should businesses pay full time employees wages that keeps them above the poverty line?! How about so the tax payers don’t need to pay full time workers welfare to keep them afloat despite the fact they are fully employed. That may be a point you agree with

Are you so stupid as to think the commies won't alter the definition of the poverty line as the minimum wage goes up? You can bet your ass they'll move in tandem.

.

Of course they will, it’s subjective. So what?! What do you think the poverty line is?

Do you think a school kid that works for the minimum wage making spending money and being supported by their parents for all the necessities is living below the poverty line? This one size fits all bullshit is exactly that, BS.

I do think of them. What about them?

Your nonresponse is duly noted.

.

What do you mean my nonresponse. I asked a question in response. What about the kids? If businesses wants to hire and train kids and that time isn't worth what they pay for min wage then they can do an internship. I don't see the point that you are trying to get to

Why would any kid do an "internship" stocking shelves at a grocery store for no pay? How is getting no pay better than getting minimum wage?

Why couldn't they get paid?

The meaning of "internship" is a job where you don't get paid, moron. You just admitted they wouldn't be4 paid when you said "If businesses wants to hire and train kids and that time isn't worth what they pay for min wage then they can do an internship." in other words, don't pay them, or pay them less than the minimum wage., at any rate.

That’s not the meaning of internship. You should look things up before you make comments like that. It’s too easy to make you look foolish... again

 

[bripat9643]

In which state does making $15,000 a year keep a person above the poverty line?

Who said it needs to do that?
Less than 2% of workers make minimum wage and about half of them are 25 and under.

Why should businesses pay full time employees wages that keeps them above the poverty line?! How about so the tax payers don’t need to pay full time workers welfare to keep them afloat despite the fact they are fully employed. That may be a point you agree with

Are you so stupid as to think the commies won't alter the definition of the poverty line as the minimum wage goes up? You can bet your ass they'll move in tandem.

.

Of course they will, it’s subjective. So what?! What do you think the poverty line is?

Do you think a school kid that works for the minimum wage making spending money and being supported by their parents for all the necessities is living below the poverty line? This one size fits all bullshit is exactly that, BS.

I do think of them. What about them?

Your nonresponse is duly noted.

.

What do you mean my nonresponse. I asked a question in response. What about the kids? If businesses wants to hire and train kids and that time isn't worth what they pay for min wage then they can do an internship. I don't see the point that you are trying to get to

Why would any kid do an "internship" stocking shelves at a grocery store for no pay? How is getting no pay better than getting minimum wage?

Why couldn't they get paid?

The meaning of "internship" is a job where you don't get paid, moron. You just admitted they wouldn't be4 paid when you said "If businesses wants to hire and train kids and that time isn't worth what they pay for min wage then they can do an internship." in other words, don't pay them, or pay them less than the minimum wage., at any rate.

That’s not the meaning of internship. You should look things up before you make comments like that. It’s too easy to make you look foolish... again

If not, then how will internships help employers avoid paying the $15/hr minimum wage?

 

[Slade3200]

that depends on whether you’re a business owner or an employee. Many employees produce much much more in value than they get paid and those profits go to the business owner. That’s how business works.

If you're an employee and you only produce $10/hour in value, how much should you be paid?

Generally speaking if an employee is producing $10 an hour of value then if the business is going to survive it would need to pay that employee $3-$5 an hour. Of course there are many other factors at play.

If this is the circumstance then the business owner needs to restructure and develop a better business model or train the employee to produce more value.

Generally speaking if an employee is producing $10 an hour of value then if the business is going to survive it would need to pay that employee $3-$5 an hour.

And if a $15/ hour mandate was enacted?

If this is the circumstance then the business owner needs to restructure and develop a better business model or train the employee to produce more value.

Some people just aren't very productive, no matter what the business model or amount of training (like 30 year olds still making minimum wage).

Min wage workers aren’t there to produce business they are there to exacute

In which state does making $15,000 a year keep a person above the poverty line?

Who said it needs to do that?
Less than 2% of workers make minimum wage and about half of them are 25 and under.

Why should businesses pay full time employees wages that keeps them above the poverty line?! How about so the tax payers don’t need to pay full time workers welfare to keep them afloat despite the fact they are fully employed. That may be a point you agree with

Why should businesses pay full time employees wages that keeps them above the poverty line?!

Exactly.

If you produce $10/hour in value, what should your wages be?

so the tax payers don’t need to pay full time workers welfare to keep them afloat

Would the taxpayer funded welfare be higher or lower without the job?

It’s up to the business owner to run their business to produce adequate value to pay their employees, just as it’s up to them to meet regulations and codes for the states and industries they do business in. A persons time is worth more than poverty. If you work for yourself and you produce $10 an hour of value then that’s what you will get and you likely won’t make it. But if you are going to employee people then you have a responsibility to those employees

Yep, your responsibility is to pay them as agreed, nothing more.

.

exactly, which is why there is movement to get the minimum agreement higher and better for workers

Yet all it will create is fewer workers, tell the ones put out of a job how much better it is for them. You commies just don't think things through.

.

What do you mean they don't think it through. Of course they do. Its been analyzed and studied.
It would cost 1.4 million jobs in exchange for raising 900,000 out of poverty.

https://www.cbo.gov/system/files/2019-07/CBO-55410-MinimumWage2019.pdf

Actually if you read closely it says it COULD cost 1.4 million jobs...or it could cost ZERO jobs.

History favors the latter

No it doesn't, and the laws of economics mean the former is the rule.

Did you just say the laws of economics?! You are cracking me up today!

That cracks you up? I'm not the one claiming the laws of supply and demand don't pertain to the cost of labor.

I’m not claiming that either. Haha, if you need to make things up to win an argument then that’s pretty pathetic

 

[bripat9643]

that depends on whether you’re a business owner or an employee. Many employees produce much much more in value than they get paid and those profits go to the business owner. That’s how business works.

If you're an employee and you only produce $10/hour in value, how much should you be paid?

Generally speaking if an employee is producing $10 an hour of value then if the business is going to survive it would need to pay that employee $3-$5 an hour. Of course there are many other factors at play.

If this is the circumstance then the business owner needs to restructure and develop a better business model or train the employee to produce more value.

Generally speaking if an employee is producing $10 an hour of value then if the business is going to survive it would need to pay that employee $3-$5 an hour.

And if a $15/ hour mandate was enacted?

If this is the circumstance then the business owner needs to restructure and develop a better business model or train the employee to produce more value.

Some people just aren't very productive, no matter what the business model or amount of training (like 30 year olds still making minimum wage).

Min wage workers aren’t there to produce business they are there to exacute

In which state does making $15,000 a year keep a person above the poverty line?

Who said it needs to do that?
Less than 2% of workers make minimum wage and about half of them are 25 and under.

Why should businesses pay full time employees wages that keeps them above the poverty line?! How about so the tax payers don’t need to pay full time workers welfare to keep them afloat despite the fact they are fully employed. That may be a point you agree with

Why should businesses pay full time employees wages that keeps them above the poverty line?!

Exactly.

If you produce $10/hour in value, what should your wages be?

so the tax payers don’t need to pay full time workers welfare to keep them afloat

Would the taxpayer funded welfare be higher or lower without the job?

It’s up to the business owner to run their business to produce adequate value to pay their employees, just as it’s up to them to meet regulations and codes for the states and industries they do business in. A persons time is worth more than poverty. If you work for yourself and you produce $10 an hour of value then that’s what you will get and you likely won’t make it. But if you are going to employee people then you have a responsibility to those employees

Yep, your responsibility is to pay them as agreed, nothing more.

.

exactly, which is why there is movement to get the minimum agreement higher and better for workers

Yet all it will create is fewer workers, tell the ones put out of a job how much better it is for them. You commies just don't think things through.

.

What do you mean they don't think it through. Of course they do. Its been analyzed and studied.
It would cost 1.4 million jobs in exchange for raising 900,000 out of poverty.

https://www.cbo.gov/system/files/2019-07/CBO-55410-MinimumWage2019.pdf

So you believe that since you're fine with that everyone else should be true?

I marvel at how the leftwing mind works.

No, I don't believe that everybody should feel the same way I do. I actually don't think the $15 min wage should be in this bill, but who cares what I think and feel? Nobody. Can we get back to the debate now? I'm not done schooling you.

So are you fine with everyone opposing the $15/hr minimum wage or not?

Of course I’m fine with people opposing the wage... don’t see why that matters

Then why don't you shut up about it?

 

[bripat9643]

that depends on whether you’re a business owner or an employee. Many employees produce much much more in value than they get paid and those profits go to the business owner. That’s how business works.

If you're an employee and you only produce $10/hour in value, how much should you be paid?

Generally speaking if an employee is producing $10 an hour of value then if the business is going to survive it would need to pay that employee $3-$5 an hour. Of course there are many other factors at play.

If this is the circumstance then the business owner needs to restructure and develop a better business model or train the employee to produce more value.

Generally speaking if an employee is producing $10 an hour of value then if the business is going to survive it would need to pay that employee $3-$5 an hour.

And if a $15/ hour mandate was enacted?

If this is the circumstance then the business owner needs to restructure and develop a better business model or train the employee to produce more value.

Some people just aren't very productive, no matter what the business model or amount of training (like 30 year olds still making minimum wage).

Min wage workers aren’t there to produce business they are there to exacute

In which state does making $15,000 a year keep a person above the poverty line?

Who said it needs to do that?
Less than 2% of workers make minimum wage and about half of them are 25 and under.

Why should businesses pay full time employees wages that keeps them above the poverty line?! How about so the tax payers don’t need to pay full time workers welfare to keep them afloat despite the fact they are fully employed. That may be a point you agree with

Why should businesses pay full time employees wages that keeps them above the poverty line?!

Exactly.

If you produce $10/hour in value, what should your wages be?

so the tax payers don’t need to pay full time workers welfare to keep them afloat

Would the taxpayer funded welfare be higher or lower without the job?

It’s up to the business owner to run their business to produce adequate value to pay their employees, just as it’s up to them to meet regulations and codes for the states and industries they do business in. A persons time is worth more than poverty. If you work for yourself and you produce $10 an hour of value then that’s what you will get and you likely won’t make it. But if you are going to employee people then you have a responsibility to those employees

Yep, your responsibility is to pay them as agreed, nothing more.

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exactly, which is why there is movement to get the minimum agreement higher and better for workers

Yet all it will create is fewer workers, tell the ones put out of a job how much better it is for them. You commies just don't think things through.

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What do you mean they don't think it through. Of course they do. Its been analyzed and studied.
It would cost 1.4 million jobs in exchange for raising 900,000 out of poverty.

https://www.cbo.gov/system/files/2019-07/CBO-55410-MinimumWage2019.pdf

Actually if you read closely it says it COULD cost 1.4 million jobs...or it could cost ZERO jobs.

History favors the latter

No it doesn't, and the laws of economics mean the former is the rule.

Did you just say the laws of economics?! You are cracking me up today!

That cracks you up? I'm not the one claiming the laws of supply and demand don't pertain to the cost of labor.

I’m not claiming that either. Haha, if you need to make things up to win an argument then that’s pretty pathetic

Actually, you are claiming that.