Does AOC know $15 minimum wage in states like Mississippi will put people out of work?

[Admiral Rockwell Tory]

So you can see why AOC gets a lot of attention from the young kids because they are not the star spangled kids we were and they want things to be fairer...So do I.

What is "fairer"?

 

[Admiral Rockwell Tory]

It doesn't matter. If people in MS are thrown out of work due to the minimum wage being too high, AOC will make sure they get to live in Luxury Public Housing Condos!

What is the christian right's response to the rise of robber barons and unenlightened govt?

How do you respond to a myth?

 

[Admiral Rockwell Tory]

It may not be reasonable for everyone but it is hard not to hope for those to get at least 15 dollars

Amazon and Disney has minimum wage to 15 dollars

If McDonald's can afford to give its shareholders $7.7 billion, it can afford to pay all its workers $15 an hour."

Hard to argue that point

According to one study, U.S. taxpayers are subsidizing the low pay at McDonald's to the tune of $1.2 billion a year.

hard to argue that point

In-And-Out starts at 13 dollars

people

Target says that it will go to 13 dollars
Costco 14 dollars
Walmart and CVS 11 dollars

People need the money and it will allow them to give their kids more opportunities to succeed if they can manage their money

If the lower wage states do not keep up with the high end states then so be it.
There are consequences as young people will leave

But then again older people who have had some success and ready to move on will move back

If they are working a minimum wage job, they cannot afford to have kids!

 

[Admiral Rockwell Tory]

It may not be reasonable for everyone but it is hard not to hope for those to get at least 15 dollars

Amazon and Disney has minimum wage to 15 dollars

If McDonald's can afford to give its shareholders $7.7 billion, it can afford to pay all its workers $15 an hour."

Hard to argue that point

According to one study, U.S. taxpayers are subsidizing the low pay at McDonald's to the tune of $1.2 billion a year.

hard to argue that point

In-And-Out starts at 13 dollars

people

Target says that it will go to 13 dollars
Costco 14 dollars
Walmart and CVS 11 dollars

People need the money and it will allow them to give their kids more opportunities to succeed if they can manage their money

If the lower wage states do not keep up with the high end states then so be it.
There are consequences as young people will leave

But then again older people who have had some success and ready to move on will move back

According to one study, U.S. taxpayers are subsidizing the low pay at McDonald's to the tune of $1.2 billion a year.


It is not hard to argue that point.......they are not subsidizing anyone..... Those companies have jobs they want filled, the people voluntarily take those jobs at the wage advertised. The employer is not responsible for every facet of the lives of their employees...we had that once, it was called slavery, and the democrats loved it...

The company is not subsidizing, it the government that is subsidizing with various government programs that are in place to assist the needy thus it is paid by the taxpayer

If they were making more money then they would probably be not eligible for these programs. Still it will depend on how many kids they have

If AOC has her way, these people will be unemployed and 100% dependent on the government. Is that what you prefer?

 

[Admiral Rockwell Tory]

View attachment 264072

A Heritage Foundation analysis from 2016 estimated that a $15 federal minimum wage would wipe out 7 million jobs. Hardest hit would be workers, businesses, and economies in areas with low costs of living. (like Mississippi where cost of living is 87% of USA standard.
Mississippi cost of living is 87.8% Mississippi Cost of Living

Liberal activists demand a “living wage,” but the truth is that only a tiny handful of hourly wage workers make the minimum wage or less (4 percent), according to the Employment Policies Institute. On the contrary, a whopping 44 percent of hourly workers currently earn at or below the proposed $15 minimum wage.

Now consider what the $15 minimum wage would do.

For a restaurant that employs 10 minimum wage workers, a $15 minimum wage hike would cost them about $170,000 per year. If the restaurant currently earns profit margins of 5 percent, it would have to increase sales by $3.5 million per year, or an extra $67,000 every week.

But that is not realistic. The likely scenario is that they’ll either have to cut working hours or fire some workers altogether. Either way, most people are worse off than before.

Lawmakers Are Pushing a $15 Minimum Wage. Here Are 3 Disastrous Consequences That Would Result.
Robotic waiters...

tRumps corporate tax cut lowered federal taxes paid by corporations by 50%. Why can't the businesses use the tax cuts by raising pay and/or benefits, I did?

So instead of one bag of dog treats, you bought two?

 

[Indeependent]

The standard of living across the US is so variant that a standard national Minimum Wage is nothing short of asinine.

 

[Admiral Rockwell Tory]

Yeah they ain't gonna pay those illegals fifteen an hour when they can pay them less than eight now them capitalist must live in big mansions and fly jet planes.
Keeping wages low and cost of living high is how the robber barons make their living.

The CEOs are not the cause of this.

If you collected all $8 Million dollars they paid the CEO of McDonalds, and gave it to all the employees, it would be less than $37 per person, per year. Now unless you think that one cent an hour, is going to make a difference in people's lives, then the problem isn't CEO pay.

And additionally, most of that $8 million isn't cash. It's stock, and it's stock the CEO can't sell for years. If you pay your hourly employees in stock they can't sell, they'll be worse off, not better off.

The bottom line is, if you jack up the price of labor, in areas where people are too poor to pay more money for services, then they stop buying the service. If they stop buying the service, then people lose their jobs.

The minimum wage is always zero.

When you raise the minimum wage, you increase low wage workers ability to buy more products and services. That actually provides a better boost for economic growth than tax cuts for people making over $100,000 dollars a year who never change the consumer habits when they get a tax cut.

Well, except the fact that those products and services now cost more because dumbasses like you raised the minimum wage! It is like a dog chasing its tail!

 

[Cellblock2429]

Yeah they ain't gonna pay those illegals fifteen an hour when they can pay them less than eight now them capitalist must live in big mansions and fly jet planes.
Keeping wages low and cost of living high is how the robber barons make their living.

/——/ As usual, the point sailed over your head.

 

[Admiral Rockwell Tory]

It may not be reasonable for everyone but it is hard not to hope for those to get at least 15 dollars

Amazon and Disney has minimum wage to 15 dollars

If McDonald's can afford to give its shareholders $7.7 billion, it can afford to pay all its workers $15 an hour."

Hard to argue that point

According to one study, U.S. taxpayers are subsidizing the low pay at McDonald's to the tune of $1.2 billion a year.

hard to argue that point

In-And-Out starts at 13 dollars

people

Target says that it will go to 13 dollars
Costco 14 dollars
Walmart and CVS 11 dollars

People need the money and it will allow them to give their kids more opportunities to succeed if they can manage their money

If the lower wage states do not keep up with the high end states then so be it.
There are consequences as young people will leave

But then again older people who have had some success and ready to move on will move back

Okay, a couple of things.

It's easy to argue with "If McDonald's can afford to give its shareholders $7.7 billion, it can afford to pay all its workers $15 an hour." You know how? McDonald's isn't paying those workers; the small business owner franchisee running THAT PARTICULAR RESTAURANT is paying them. McDonald's, the large corporation with the shareholders to which the dividends are paid, doesn't actually make and sell burgers, you know. It makes its money off of selling franchises and collecting rents and fees from the franchisees. So you're conflating two completely different sets of people there.

And artificially inflating the minimum wage doesn't give anyone "more opportunities", unless you consider collecting welfare because all the jobs dried up as small businesses closed to be an "opportunity".

Plus ignorant of business people don't seem to realize that raising to $15.00 means actually in one year for McDonald's 218,000 employees McDonalds' franchise owners
will pay nearly another $500 million in payroll taxes...i.e. 6.2% of $15.00 x 40 x 218,000 x 52 weeks.

McDonalds had no problem paying their workers the equivalent of $12.00 dollars an hour in 1968 when you adjust for inflation. Sales and profits were GREAT for McDonalds in 1968. THE BIG MAC was introduced to the McDonalds menu in 1968!

MAKE MCDONALDS GREAT AGAIN! Make sure their workers are at least making what they did in 1968, which was $12 DOLLARS and hour when adjusted for inflation!

Most McDonald's workers in 1968 probably knew how to work. Today, anything more than pushing a button is bound to lead to an emotional breakdown!

 

[Admiral Rockwell Tory]

View attachment 264072

A Heritage Foundation analysis from 2016 estimated that a $15 federal minimum wage would wipe out 7 million jobs. Hardest hit would be workers, businesses, and economies in areas with low costs of living. (like Mississippi where cost of living is 87% of USA standard.
Mississippi cost of living is 87.8% Mississippi Cost of Living

Liberal activists demand a “living wage,” but the truth is that only a tiny handful of hourly wage workers make the minimum wage or less (4 percent), according to the Employment Policies Institute. On the contrary, a whopping 44 percent of hourly workers currently earn at or below the proposed $15 minimum wage.

Now consider what the $15 minimum wage would do.

For a restaurant that employs 10 minimum wage workers, a $15 minimum wage hike would cost them about $170,000 per year. If the restaurant currently earns profit margins of 5 percent, it would have to increase sales by $3.5 million per year, or an extra $67,000 every week.

But that is not realistic. The likely scenario is that they’ll either have to cut working hours or fire some workers altogether. Either way, most people are worse off than before.

Lawmakers Are Pushing a $15 Minimum Wage. Here Are 3 Disastrous Consequences That Would Result.
Robotic waiters...

tRumps corporate tax cut lowered federal taxes paid by corporations by 50%. Why can't the businesses use the tax cuts by raising pay and/or benefits, I did?

You are such an enormous liar. "I did", my ass. Do you really believe anyone is remotely fooled by your "Internet billionaire" act? Maybe you're paying your dog to spend time with you, but that's about it.

It's very telling that you can't rebut anything that I write.

True, mainly because everything you write is incomprehensible!

 

[Admiral Rockwell Tory]

But of course those favoring the $15/hr nationally are also truly ignorant believing one size fits all.

Well, that is what the minimum wage is. The minimum wage is currently $7.25 an hour. It needs to be raised to at least $12 dollars an hour even in low cost living places like Mississippi and Tennessee.

What about the fact that almost no one makes that wage do you not understand?

 

[rightwinger]

Yeah they ain't gonna pay those illegals fifteen an hour when they can pay them less than eight now them capitalist must live in big mansions and fly jet planes.
Keeping wages low and cost of living high is how the robber barons make their living.

The CEOs are not the cause of this.

If you collected all $8 Million dollars they paid the CEO of McDonalds, and gave it to all the employees, it would be less than $37 per person, per year. Now unless you think that one cent an hour, is going to make a difference in people's lives, then the problem isn't CEO pay.

And additionally, most of that $8 million isn't cash. It's stock, and it's stock the CEO can't sell for years. If you pay your hourly employees in stock they can't sell, they'll be worse off, not better off.

The bottom line is, if you jack up the price of labor, in areas where people are too poor to pay more money for services, then they stop buying the service. If they stop buying the service, then people lose their jobs.

The minimum wage is always zero.

When you raise the minimum wage, you increase low wage workers ability to buy more products and services. That actually provides a better boost for economic growth than tax cuts for people making over $100,000 dollars a year who never change the consumer habits when they get a tax cut.

Well, except the fact that those products and services now cost more because dumbasses like you raised the minimum wage! It is like a dog chasing its tail!

The price of a hamburger has more than doubled since the minimum wage was last increased over ten years ago.
The market adjusted to the rising costs of hamburgers. Nobody was fired

 

[Moonglow]

Yeah they ain't gonna pay those illegals fifteen an hour when they can pay them less than eight now them capitalist must live in big mansions and fly jet planes.
Keeping wages low and cost of living high is how the robber barons make their living.

The CEOs are not the cause of this.

If you collected all $8 Million dollars they paid the CEO of McDonalds, and gave it to all the employees, it would be less than $37 per person, per year. Now unless you think that one cent an hour, is going to make a difference in people's lives, then the problem isn't CEO pay.

And additionally, most of that $8 million isn't cash. It's stock, and it's stock the CEO can't sell for years. If you pay your hourly employees in stock they can't sell, they'll be worse off, not better off.

The bottom line is, if you jack up the price of labor, in areas where people are too poor to pay more money for services, then they stop buying the service. If they stop buying the service, then people lose their jobs.

The minimum wage is always zero.

When you raise the minimum wage, you increase low wage workers ability to buy more products and services. That actually provides a better boost for economic growth than tax cuts for people making over $100,000 dollars a year who never change the consumer habits when they get a tax cut.

Well, except the fact that those products and services now cost more because dumbasses like you raised the minimum wage! It is like a dog chasing its tail!

The price of a hamburger has more than doubled since the minimum wage was last increased over ten years ago.
The market adjusted to the rising costs of hamburgers. Nobody was fired

Poor are easier to get than beef.

 

[Wyatt earp]

But of course those favoring the $15/hr nationally are also truly ignorant believing one size fits all.

Well, that is what the minimum wage is. The minimum wage is currently $7.25 an hour. It needs to be raised to at least $12 dollars an hour even in low cost living places like Mississippi and Tennessee.

Why so people who make $5 dollars over minimum wage now, will make minimum wage?

How are they getting ahead by being able to go back wards and make minimum wage?


You stupid


.

 

[Moonglow]

But of course those favoring the $15/hr nationally are also truly ignorant believing one size fits all.

Well, that is what the minimum wage is. The minimum wage is currently $7.25 an hour. It needs to be raised to at least $12 dollars an hour even in low cost living places like Mississippi and Tennessee.

What about the fact that almost no one makes that wage do you not understand?

Yes they do out here in the rural areas where there is no labor shortage.

 

[Admiral Rockwell Tory]

But of course those favoring the $15/hr nationally are also truly ignorant believing one size fits all.

Well, that is what the minimum wage is. The minimum wage is currently $7.25 an hour. It needs to be raised to at least $12 dollars an hour even in low cost living places like Mississippi and Tennessee.

Long overdue

It needs to go to $15 to compensate for a decade without an increase

$15 dollars might be a little high in places like Mississippi and Tennessee, but nearly every where else, it would fit like a glove. $12 dollars is not going to hurt anything in Mississippi except for people who are poor managers of business. A minimum wage as a high as $15 dollars might be ok for Mississippi too.

So what do you do with the people who make $15.00 an hour now? How much are you going to raise their pay, so they are no longer working for minimum wage.

In my current job, I am salaried and work many more hours per week than those I supervise. They just received a nice pay raise to the point where they make almost as much as I do. Because I work extra hours without compensation, our pay per hour is roughly equivalent. How do justify that for those making $15.00 an hour who now realize that the people they once supervised now make the same paycheck they do?

 

[Wyatt earp]

Yeah they ain't gonna pay those illegals fifteen an hour when they can pay them less than eight now them capitalist must live in big mansions and fly jet planes.
Keeping wages low and cost of living high is how the robber barons make their living.

The CEOs are not the cause of this.

If you collected all $8 Million dollars they paid the CEO of McDonalds, and gave it to all the employees, it would be less than $37 per person, per year. Now unless you think that one cent an hour, is going to make a difference in people's lives, then the problem isn't CEO pay.

And additionally, most of that $8 million isn't cash. It's stock, and it's stock the CEO can't sell for years. If you pay your hourly employees in stock they can't sell, they'll be worse off, not better off.

The bottom line is, if you jack up the price of labor, in areas where people are too poor to pay more money for services, then they stop buying the service. If they stop buying the service, then people lose their jobs.

The minimum wage is always zero.

When you raise the minimum wage, you increase low wage workers ability to buy more products and services. That actually provides a better boost for economic growth than tax cuts for people making over $100,000 dollars a year who never change the consumer habits when they get a tax cut.

Well, except the fact that those products and services now cost more because dumbasses like you raised the minimum wage! It is like a dog chasing its tail!

The price of a hamburger has more than doubled since the minimum wage was last increased over ten years ago.
The market adjusted to the rising costs of hamburgers. Nobody was fired

Wow where are all these big Macs that doubled in price?

.

 

[Admiral Rockwell Tory]

But of course those favoring the $15/hr nationally are also truly ignorant believing one size fits all.

Well, that is what the minimum wage is. The minimum wage is currently $7.25 an hour. It needs to be raised to at least $12 dollars an hour even in low cost living places like Mississippi and Tennessee.

What about the fact that almost no one makes that wage do you not understand?

Yes they do out here in the rural areas where there is no labor shortage.

The facts have been posted in this thread. Hardly anyone makes the current minimum wage. I know that went screaming over your pointy little head. It is no surprise that you either chose not to read it or could not read it because you are a dumbass!

 

[Wyatt earp]

But of course those favoring the $15/hr nationally are also truly ignorant believing one size fits all.

Well, that is what the minimum wage is. The minimum wage is currently $7.25 an hour. It needs to be raised to at least $12 dollars an hour even in low cost living places like Mississippi and Tennessee.

What about the fact that almost no one makes that wage do you not understand?

Yes they do out here in the rural areas where there is no labor shortage.

Gives us the town's and I will go on the job boards and post the truth.


.


.

 

[Admiral Rockwell Tory]

Fifteen bucks for an hour of someone’s life?

Seems pretty cheap to me.

Well keep that thought as this image will replace that teenager who is getting more than just a paycheck working at that minimum wage job.
View attachment 264162

Whether the minimum wage is $7 dollars or $15 dollars won't make any difference in if or when a company introduces a robot or computer to take over someone's job.

With the unemployment rate at 3.6%, the robots are not helping any at this point. Massive labor shortages all over the place!

So your fiendishly clever plan is to put companies out of business and their employees out of work?

Name one company that went "out of business" because they paid their employees to much money.

The list is endless, you moron! If you pay your employees a set salary and you are not bringing in the revenue to pay them, what happens, dumbass?