Minimum Wage Increase: They Never Talks About the SALES

[Skull Pilot]

There isn't any evidence proving that raising Minimum Wage adversely effects the economy.

Do you deny that minimum wage has always been trivially low, and that it's only decreased over time, in terms of actual value? Why would there be any evidence? If anything, there should be evidence of the opposite. And lo and behold .....

During the time it's existed, more Millionaires & Billionaires have been created than ever before in history. Raising Minimum Wage has little to no impact. So let's get em working, paying taxes, and spending some money back into the economy. $10-$12 is a good starting point. But it'll still be a struggle.

This is exactly right, but you fail to recognize the significance of this observation. Minimum wage is supported by the powers that be, quite deliberately, because it maintains an underclass. Because it placates the masses with false security and allows the millionaires and billionaires to bilk us, while pretending to do the opposite. You're propagating a fraud, a delusion and a distraction.

Could be true. But in my observation, most Businesses vehemently oppose the Minimum Wage. So i'm not ready to subscribe to your theory yet.

Most people, including most business owners, aren't millionaire or billionaires.

Most small businesses only manage single digit profit margins and people think that doubling labor costs won't hurt those businesses at all.

Show us actual evidence Minimum Wage has ever hurt American Businesses. Fact is, American Businesses have not only survived Minimum Wage, they've thrived. You guys are never right. You've predicted the sky falling every time it's been raised in the past. And it never has. So i'm very confident you'll be proven wrong again.

I never said it hurt business

I said a drastic increase as is being proposed will do nothing but decrease the purchasing power of people already making near or above the proposed wage.

It ain't rocket science.

So why don't you show me an instance where the labor costs of a company were doubled or more than doubled and the prices for their products didn't rise.

 

[Skull Pilot]

So never mind all the evidence that hiking the minimum wage hurts the very people it's supposed to help? Never mind that hiking the minimum wage ignores the crucial difference between people who work low-income jobs to get through school or for other temporary reasons and people who work low-income jobs on a long-term basis and to support or help support a family?

Just never mind fact and reality, right? Just blindly insist on hiking the minimum wage over and over again--and then scratch your head and wonder why our economy continues to have weaker and weaker recoveries, more and more long-term unemployed, and more jobs shipped overseas because companies understandably don't want to pay someone $15 an hour and benefits to do simple jobs like operate a cash register, wash dishes, or clean tables.

Hiking the EITC is an infinitely smarter and better way to help people who work low-income jobs on a long-term basis, especially if they're supporting or helping to support a family. It targets those who need the help, distributes the cost more broadly, and doesn't cause employers to cut back on low-income jobs.

You guys have been proven wrong time after time. The sky doesn't fall over raising Minimum Wage. Businesses will once again survive, and thrive.

and everything will cost more and those who are already making the proposed MW will see their purchasing power drop

Last year the median hourly wage was 17 an hour

so more than half of all workers will not get a raise and will instead see their purchasing power diminish.

How does that help the economy?

So you're saying sellers will raise their prices in response to a labor cost increase for them ?

Duh

Duh. They're gonna raise prices anyway. Minimum Wage has nothing to do with it. It never has.

So you're saying that labor costs have nothing to do with the price of goods and services?

So why don't you open a popcorn business and pay everyone 15 an hour and only sell your popcorn for 50 cents a bag?

Let's see how long you last.

 

[dblack]

Not in any way true. Raising the minimum wage will in reality help the middle class by putting more disposable income into the hands of lower income families.

It will reduce dependence on social spending, and increase the number of tax paying citizens, both of which benefits the middle class.

Correct. And it also boosts SALES$$$, compensating for the firm's increased labor costs

Fascinating.

 

[paulitician]

no loki, it is NOT well established that the minimum wage hikes have hurt the economy, nor has it been established that they have raised our country's unemployment rates or hurt the economy's growth in the 22 times minimum wage has gone up in our nation.

All figures from said increases show NO EFFECT on the Nations unemployment rate and NO EFFECT on inflation rates for the Nation either....

The numbers are not with you...so what are you seeing that I am not seeing?

Can you show the numbers you have analyzed to come to this conclusion?

I agree with you that it seems like this would be the case...but the statistics/numbers proving such, just aren't there to support the theory....
Minimum Wage Mythbusters - U.S. Department of Labor

<<COPY/PASTE BLERF SNIPPED IN THE NAME OF SANITY>>​

I have submitted and explained to you the well established economic principles that describe how statutory minimum wage is necessarily harmful to the economy.

I have examined plenty of data... yet none of it was corrected for the anti-inflation, and counter unemployment policies (and other confounding externalities) that are active in the same time periods.

An injured athlete pumped full of pain-killers and cortisone feels and functions just fine... would you still say he was not harmed?

Of course not.

Do you have such data--corrected for the anti-inflation, and counter unemployment policies (and other confounding externalities)--that would so soundly refute the points I submitted? If so, please present them so we can examine them together.

Minimum Wage has never caused more Unemployment. You don't have any evidence supporting otherwise. If you do, let's have it. I'm an open-minded individual.

I have submitted and explained to you the well established economic principles that describe how statutory minimum wage is necessarily harmful to the economy.

I have examined plenty of data... yet none of it was corrected for the anti-inflation, and counter unemployment policies (and other confounding externalities) that are active in the same time periods.

An injured athlete pumped full of pain-killers and cortisone feels and functions just fine... would you still say he was not harmed?

Of course not.

Do you have such data--corrected for the anti-inflation, and counter unemployment policies (and other confounding externalities)--that would so soundly refute the points I submitted? If so, please present them so we can examine them together.

So you have no actual facts or evidence proving Minimum Wage has ever caused Unemployment to rise. Thanks. That's what i've been saying all along. You guys are so wrong, so often. Why should anyone believe you?

I also told you this:

No proof whatsoever Minimum Wage causes Unemployment to rise. Unemployment goes up, Unemployment goes down. There are other numerous variables involved. Minimum Wage has little, if any impact at all.

 

[paulitician]

You guys have been proven wrong time after time. The sky doesn't fall over raising Minimum Wage. Businesses will once again survive, and thrive.

and everything will cost more and those who are already making the proposed MW will see their purchasing power drop

Last year the median hourly wage was 17 an hour

so more than half of all workers will not get a raise and will instead see their purchasing power diminish.

How does that help the economy?

So you're saying sellers will raise their prices in response to a labor cost increase for them ?

Duh

Duh. They're gonna raise prices anyway. Minimum Wage has nothing to do with it. It never has.

So you're saying that labor costs have nothing to do with the price of goods and services?

So why don't you open a popcorn business and pay everyone 15 an hour and only sell your popcorn for 50 cents a bag?

Let's see how long you last.

If you can't pay someone Minimum Wage, either do the work yourself, or close up shop. No one forces anyone to hire workers.

 

[paulitician]

Do you deny that minimum wage has always been trivially low, and that it's only decreased over time, in terms of actual value? Why would there be any evidence? If anything, there should be evidence of the opposite. And lo and behold .....

This is exactly right, but you fail to recognize the significance of this observation. Minimum wage is supported by the powers that be, quite deliberately, because it maintains an underclass. Because it placates the masses with false security and allows the millionaires and billionaires to bilk us, while pretending to do the opposite. You're propagating a fraud, a delusion and a distraction.

Could be true. But in my observation, most Businesses vehemently oppose the Minimum Wage. So i'm not ready to subscribe to your theory yet.

Most people, including most business owners, aren't millionaire or billionaires.

Most small businesses only manage single digit profit margins and people think that doubling labor costs won't hurt those businesses at all.

Show us actual evidence Minimum Wage has ever hurt American Businesses. Fact is, American Businesses have not only survived Minimum Wage, they've thrived. You guys are never right. You've predicted the sky falling every time it's been raised in the past. And it never has. So i'm very confident you'll be proven wrong again.

I never said it hurt business

I said a drastic increase as is being proposed will do nothing but decrease the purchasing power of people already making near or above the proposed wage.

It ain't rocket science.

So why don't you show me an instance where the labor costs of a company were doubled or more than doubled and the prices for their products didn't rise.

Like i said, you guys always predict the sky falling when Minimum Wage is raised. It never happens. Life goes on and Businesses do just fine. So why should anyone believe you guys this time?

 

[danielpalos]

and everything will cost more and those who are already making the proposed MW will see their purchasing power drop

Last year the median hourly wage was 17 an hour

so more than half of all workers will not get a raise and will instead see their purchasing power diminish.

How does that help the economy?

So you're saying sellers will raise their prices in response to a labor cost increase for them ?

Duh

Duh. They're gonna raise prices anyway. Minimum Wage has nothing to do with it. It never has.

So you're saying that labor costs have nothing to do with the price of goods and services?

So why don't you open a popcorn business and pay everyone 15 an hour and only sell your popcorn for 50 cents a bag?

Let's see how long you last.

If you can't pay someone Minimum Wage, either do the work yourself, or close up shop. No one forces anyone to hire workers.

I agree; Only the Right likes to complain about Individual Responsibility, but Only when it is about the least wealthy.

 

[JoeMoma]

and everything will cost more and those who are already making the proposed MW will see their purchasing power drop

Last year the median hourly wage was 17 an hour

so more than half of all workers will not get a raise and will instead see their purchasing power diminish.

How does that help the economy?

So you're saying sellers will raise their prices in response to a labor cost increase for them ?

Duh

Duh. They're gonna raise prices anyway. Minimum Wage has nothing to do with it. It never has.

So you're saying that labor costs have nothing to do with the price of goods and services?

So why don't you open a popcorn business and pay everyone 15 an hour and only sell your popcorn for 50 cents a bag?

Let's see how long you last.

If you can't pay someone Minimum Wage, either do the work yourself, or close up shop. No one forces anyone to hire workers.

You hit the nail on the head with this post, in contradiction to your post number 964. No one forces anyone to hire workers, but raising the minimum wage can force businesses not to hire someone or even to close up shop.....just like you said.

 

[paulitician]

So you're saying sellers will raise their prices in response to a labor cost increase for them ?

Duh

Duh. They're gonna raise prices anyway. Minimum Wage has nothing to do with it. It never has.

So you're saying that labor costs have nothing to do with the price of goods and services?

So why don't you open a popcorn business and pay everyone 15 an hour and only sell your popcorn for 50 cents a bag?

Let's see how long you last.

If you can't pay someone Minimum Wage, either do the work yourself, or close up shop. No one forces anyone to hire workers.

I agree; Only the Right likes to complain about Individual Responsibility, but Only when it is about the least wealthy.

Spot On. And i swear, i'll never get why angry white Republican dudes especially, are so angry. I mean they've always had it much better than non-white Americans have. They're so upset and panicked because someone at McDonalds might get $15. It's ridiculous. Such greedy hateful little wankers.

 

[danielpalos]

what is the difference between collective bargaining or crony capitalism; i believe crony capitalism is less efficient.

 

[dblack]

what is the difference between collective bargaining or crony capitalism...

Not much. They're both aspects of corporatism, where rights are assigned to interest groups rather than individuals.

 

[paulitician]

So you're saying sellers will raise their prices in response to a labor cost increase for them ?

Duh

Duh. They're gonna raise prices anyway. Minimum Wage has nothing to do with it. It never has.

So you're saying that labor costs have nothing to do with the price of goods and services?

So why don't you open a popcorn business and pay everyone 15 an hour and only sell your popcorn for 50 cents a bag?

Let's see how long you last.

If you can't pay someone Minimum Wage, either do the work yourself, or close up shop. No one forces anyone to hire workers.

You hit the nail on the head with this post, in contradiction to your post number 964. No one forces anyone to hire workers, but raising the minimum wage can force businesses not to hire someone or even to close up shop.....just like you said.

That's never been proven to be the case in the past. If you can't afford to pay someone Minimum Wage, you don't belong in business. It's real simple in the end, either you do the work yourself, or shut it down. If you need to hire workers, you're just gonna have to deal with the fact you'll pay em a survivable wage. They have families to take care of as well. They're not your slaves.

 

[paulitician]

So many angry greedy fat white Republicans terrified someone's gonna steal their pot o' gold. They believe if that McDonalds worker gets $15, somehow they'll lose their pot o' gold. It really is irrational hate & greed. So come on greedy white Republicans, get a grip. Everything's gonna be fine.

 

[danielpalos]

what is the difference between collective bargaining or crony capitalism...

Not much. They're both aspects of corporatism, where rights are assigned to interest groups rather than individuals.

maybe, but it is more "equal" due to the capital resources availallbe to a collective of individuals.

 

[Skull Pilot]

and everything will cost more and those who are already making the proposed MW will see their purchasing power drop

Last year the median hourly wage was 17 an hour

so more than half of all workers will not get a raise and will instead see their purchasing power diminish.

How does that help the economy?

So you're saying sellers will raise their prices in response to a labor cost increase for them ?

Duh

Duh. They're gonna raise prices anyway. Minimum Wage has nothing to do with it. It never has.

So you're saying that labor costs have nothing to do with the price of goods and services?

So why don't you open a popcorn business and pay everyone 15 an hour and only sell your popcorn for 50 cents a bag?

Let's see how long you last.

If you can't pay someone Minimum Wage, either do the work yourself, or close up shop. No one forces anyone to hire workers.

Why is it you never answer a direct question I ask you?

Let's try again

Why is it you believe that one 40 hour a week job has to pay anyone enough to cover all their living expenses?

When I was young and inexperienced I worked one full time job and at least one other part time job to earn enough to pay my bills I didn't need any food stamps or any other charity.

Here's question 2

Do you think labor costs have a direct correlation to the cost of the products or services offered by a business?

So now answer these and we can continue if you refuse to answer then we're done here

 

[paulitician]

So you're saying sellers will raise their prices in response to a labor cost increase for them ?

Duh

Duh. They're gonna raise prices anyway. Minimum Wage has nothing to do with it. It never has.

So you're saying that labor costs have nothing to do with the price of goods and services?

So why don't you open a popcorn business and pay everyone 15 an hour and only sell your popcorn for 50 cents a bag?

Let's see how long you last.

If you can't pay someone Minimum Wage, either do the work yourself, or close up shop. No one forces anyone to hire workers.

Why is it you never answer a direct question I ask you?

Let's try again

Why is it you believe that one 40 hour a week job has to pay anyone enough to cover all their living expenses?

When I was young and inexperienced I worked one full time job and at least one other part time job to earn enough to pay my bills I didn't need any food stamps or any other charity.

Here's question 2

Do you think labor costs have a direct correlation to the cost of the products or services offered by a business?

So now answer these and we can continue if you refuse to answer then we're done here

Seriously, you can't pay someone Minimum Wage, just shut up and do the work yourself. Workers aren't your personal slaves. They have bills and families to take of too. They don't exist to make you wealthier. That's your responsibility.

 

[Toddsterpatriot]

So never mind all the evidence that hiking the minimum wage hurts the very people it's supposed to help? Never mind that hiking the minimum wage ignores the crucial difference between people who work low-income jobs to get through school or for other temporary reasons and people who work low-income jobs on a long-term basis and to support or help support a family?

Just never mind fact and reality, right? Just blindly insist on hiking the minimum wage over and over again--and then scratch your head and wonder why our economy continues to have weaker and weaker recoveries, more and more long-term unemployed, and more jobs shipped overseas because companies understandably don't want to pay someone $15 an hour and benefits to do simple jobs like operate a cash register, wash dishes, or clean tables.

Hiking the EITC is an infinitely smarter and better way to help people who work low-income jobs on a long-term basis, especially if they're supporting or helping to support a family. It targets those who need the help, distributes the cost more broadly, and doesn't cause employers to cut back on low-income jobs.

You guys have been proven wrong time after time. The sky doesn't fall over raising Minimum Wage. Businesses will once again survive, and thrive.

and everything will cost more and those who are already making the proposed MW will see their purchasing power drop

Last year the median hourly wage was 17 an hour

so more than half of all workers will not get a raise and will instead see their purchasing power diminish.

How does that help the economy?

So you're saying sellers will raise their prices in response to a labor cost increase for them ?

Duh

Duh. They're gonna raise prices anyway. Minimum Wage has nothing to do with it. It never has.

Yes, increasing wages, especially mandated increases, can lead to higher prices, lower employment and more business failures. Idiot.

 

[Toddsterpatriot]

Not in any way true. Raising the minimum wage will in reality help the middle class by putting more disposable income into the hands of lower income families.

It will reduce dependence on social spending, and increase the number of tax paying citizens, both of which benefits the middle class.

Correct. And it also boosts SALES$$$, compensating for the firm's increased labor costs

LOL!

 

[dblack]

If you can't afford to pay someone Minimum Wage, you don't belong in business. It's real simple in the end, either you do the work yourself, or shut it down.

That's exactly what MW laws are all about.

 

[paulitician]

You guys have been proven wrong time after time. The sky doesn't fall over raising Minimum Wage. Businesses will once again survive, and thrive.

and everything will cost more and those who are already making the proposed MW will see their purchasing power drop

Last year the median hourly wage was 17 an hour

so more than half of all workers will not get a raise and will instead see their purchasing power diminish.

How does that help the economy?

So you're saying sellers will raise their prices in response to a labor cost increase for them ?

Duh

Duh. They're gonna raise prices anyway. Minimum Wage has nothing to do with it. It never has.

Yes, increasing wages, especially mandated increases, can lead to higher prices, lower employment and more business failures. Idiot.

Yet you still can't give us even one example of a business going under due to Minimum Wage. I've been waiting, but you guys still haven't delivered. But regardless, businesses raise prices of goods for various numerous reasons. Minimum Wage has never been proven to be a significant factor in those decisions. So basically, they're gonna raise prices anyway. That's just the way it is.