Minimum Wage Increase: They Never Talks About the SALES

[paulitician]

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.

Workers don't exist to be personal slaves. And no one is forced to hire workers. You don't wanna pay em, do the work yourself. Or get family members to volunteer their time to better your business. Workers are people too. They have bills and families to support.

 

[Toddsterpatriot]

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.

And I can't show you all the workers never hired because of the minimum wage. So what? Still hilarious that a libertarian is in favor of big government mandates.

 

[paulitician]

Ha, a new day has dawned. McDonalds Workers are human beings too. Bout time America. I know that upsets fat greedy hateful white Republicans, but we are going in a different direction. So fat old white Republicans are just gonna have to learn to deal with it. Society is evolving and moving on.

 

[Toddsterpatriot]

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.

Workers don't exist to be personal slaves. And no one is forced to hire workers. You don't wanna pay em, do the work yourself. Or get family members to volunteer their time to better your business. Workers are people too. They have bills and families to support.

Getting them fired will help them? Idiot!

 

[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.

Workers don't exist to be personal slaves. And no one is forced to hire workers. You don't wanna pay em, do the work yourself. Or get family members to volunteer their time to better your business. Workers are people too. They have bills and families to support.

Yeah I hear ya. The idea is to temporarily jack up labor costs for leaner businesses to shut them down.

 

[paulitician]

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.

Workers don't exist to be personal slaves. And no one is forced to hire workers. You don't wanna pay em, do the work yourself. Or get family members to volunteer their time to better your business. Workers are people too. They have bills and families to support.

Getting them fired will help them? Idiot!

Only ones firing em, will be fat old greedy White dudes like you. Good thing you old dinosaurs are going extinct. America's had enough of yuze guys.

 

[paulitician]

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.

Workers don't exist to be personal slaves. And no one is forced to hire workers. You don't wanna pay em, do the work yourself. Or get family members to volunteer their time to better your business. Workers are people too. They have bills and families to support.

Yeah I hear ya. The idea is to temporarily jack up labor costs for leaner businesses to shut them down.

You can't pay someone Minimum Wage, you're out. Sorry, but it just wasn't meant to be for you. No one is forced to hire workers. That's a choice. Don't wanna pay, just shut up and do the work yourself. Quit ya bitchin.

 

[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.

Workers don't exist to be personal slaves. And no one is forced to hire workers. You don't wanna pay em, do the work yourself. Or get family members to volunteer their time to better your business. Workers are people too. They have bills and families to support.

Yeah I hear ya. The idea is to temporarily jack up labor costs for leaner businesses to shut them down.

You can't pay someone Minimum Wage, you're out. Sorry, but it just wasn't meant to be for you. No one is forced to hire workers. That's a choice. Don't wanna pay, just shut up and do the work yourself. Quit ya bitchin.

Eventually there will be only large, wealthy corporations, deeply embedded with government, and 'employees'. And you talk about slavery.

 

[Skull Pilot]

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.

But my business exists to pay them right?

 

[paulitician]

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.

Workers don't exist to be personal slaves. And no one is forced to hire workers. You don't wanna pay em, do the work yourself. Or get family members to volunteer their time to better your business. Workers are people too. They have bills and families to support.

Yeah I hear ya. The idea is to temporarily jack up labor costs for leaner businesses to shut them down.

You can't pay someone Minimum Wage, you're out. Sorry, but it just wasn't meant to be for you. No one is forced to hire workers. That's a choice. Don't wanna pay, just shut up and do the work yourself. Quit ya bitchin.

Eventually there will be only large, wealthy corporations, deeply embedded with government, and 'employees'. And you talk about slavery.

I'm afraid that's already the case for the most part. That ship has sailed. But the Corporations can afford to pay Minimum Wage. They'll be fine. I assure you, the Walton Family will still be able to afford their 20th luxury yacht this year.

 

[paulitician]

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.

But my business exists to pay them right?

You make the call on hiring workers. No one forces you to. If you can't do the work yourself, and don't wanna pay, oh well too bad for you. Time to close shop. Adios Amigo.

 

[Skull Pilot]

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.

Hmmm Isn't it everyone's responsibility to pay their bills?

You don

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.

But my business exists to pay them right?

You make the call on hiring workers. No one forces you to. If you can't do the work yourself, and don't wanna pay, oh well too bad for you. Time to close shop. Adios Amigo.

No one forces anyone to work for me either do they?

And FYI my lowest paid part time person get 14 an hour.

Now tell me when every other business that she patronizes has to pay all their current 8 an hour people 15 an hour what do you think is going to happen to my employee's purchasing power???

 

[rdean]

Just now, I saw another report about the topic of minimum wage increase. This one was on CNN, hosted by Julie Banderas. She was talking to Scott Gamm, of HelpSaveMyDollars.com, a financial website focused on helping consumers save and learn about money. They were talking about the recent 14-1 vote by the city of Los Angeles to raise the minimum wage to $15 by 2020.

Scott might be well versed on various aspects pertaining to consumer finances but, on the minimum wage raise, he is waaay off the mark. He said three things about the minimum wage raise topic. And he was WRONG on all three. Gamm merely recited the 3 most commonly heard (and programmed) descriptions about minimum wage raises.

1. He said it would cause jobs to be lost. FALSE! Employers function with a number of employees that bring them the most income/profit. They CANNOT reduce staff. Any more or less employees results in SALES and income reduction. Layoffs result in losses, not gains.

2. He (and Banderas too) said prices would be raised (or fees created) to compensate for the wage losses, and these losses would just be "passed on" to the customers. More FALSE! scare talk. Businesses CANNOT raise prices because they are already fixed at a market price, related to maximization of sales/income. Any change in price (up or down) results in reduction of SALES and income.

3. He said businesses will move away from LA. FALSE! (in most cases). Does Gamm think that closing down a business and moving to another location can be done scott (no pun intended) free ? Depending on the business, moving costs can vary from just barely economical, to completely UNeconomical, and the latter is much more often the case. Imagine a machine shop with over 100 large production machines, having to pack then all up and move miles away. Some businesses could do it. Not many.

So here's the real crux of all this. As in 1000 other media reports I've seen on minimum wage increases, the most important aspect of this is NEVER MENTIONED. Not a word. That is the increase in DISPOSABLE INCOME resulting in INCREASES SALES$$$. All businesses get this, and generally it far outweighs labor increases, since the number of wage raised consumers (not just those at the minimum wage) by far outnumbers any one employer's workers who are getting wage increases.

Then there's also the fact that many business, while receiving this big SALES boost, do NOT have any wage loss at all. These are businesses who are mom & pop and have no employees, those whose workers are all working just on sales commission (car lots, furniture, real estate, insurance, etc), and third, those with skilled workers (ex. machine shops) whose workers all already get well over $15 hour, or whatever the MW would be raised to.

I think back to when I owned a business. I paid my commission salespeople $350/hour (in 2015 dollars), and they still were only receiving 15% of the sale. In all, I made fine profits and expanded the business. Biggest downer ? All the people who called in and said > "Sorry. I can't afford it." Of course they can't. Not one somebody out there is paying them a low minimum wage. To be successful in business, you have a lot fo things to do. But you can't do anything, if the public around you doesn't have money in their pockets to buy what you're trying to sell.

This is why Conservatives who support raising the MW nationwide, outnumber Conservatives who don't, 54% to 44%.

the most important aspect of this is NEVER MENTIONED. Not a word. That is the increase in DISPOSABLE INCOME resulting in INCREASES SALES$$$.

If I pay my employees another $500,000 a year, are my sales supposed to increase by $500,000?
Is that supposed to be an even trade?

I don't understand how you can be so dense. The economic benefits of raising the minimum wage would occur because the change would happen in the entire economy. Overall, a good portion of the economy would have more disposable income, so yeah, business in general would see an increase in demand.

Overall, a good portion of the economy would have more disposable income, so yeah, business in general would see an increase in demand.

And the increase still leaves them less profitable.

It would initially, yes, but over time the huge boom in consumer spending would change that.

Yea, it would make it better. People with money buy stuff. Who doesn't know that?

 

[Skull Pilot]

That's exactly what MW laws are all about.

Workers don't exist to be personal slaves. And no one is forced to hire workers. You don't wanna pay em, do the work yourself. Or get family members to volunteer their time to better your business. Workers are people too. They have bills and families to support.

Yeah I hear ya. The idea is to temporarily jack up labor costs for leaner businesses to shut them down.

You can't pay someone Minimum Wage, you're out. Sorry, but it just wasn't meant to be for you. No one is forced to hire workers. That's a choice. Don't wanna pay, just shut up and do the work yourself. Quit ya bitchin.

Eventually there will be only large, wealthy corporations, deeply embedded with government, and 'employees'. And you talk about slavery.

I'm afraid that's already the case for the most part. That ship has sailed. But the Corporations can afford to pay Minimum Wage. They'll be fine. I assure you, the Walton Family will still be able to afford their 20th luxury yacht this year.

you do realize that only about 3% of all workers get paid the federal MW don't you? And in that 3% are people who get tips that put them well above MW

So tell me if you had a business (which is laughable because you obviously have no idea how to run one) and you had 10 people making 8 an hour. What would happen if you had to pay them all 15 an hour?

Now realize your expenses are more than just the increase in the hourly wage. A host of other payroll related taxes and fees will also rise

So how do you keep your doors open ?

 

[Skull Pilot]

Just now, I saw another report about the topic of minimum wage increase. This one was on CNN, hosted by Julie Banderas. She was talking to Scott Gamm, of HelpSaveMyDollars.com, a financial website focused on helping consumers save and learn about money. They were talking about the recent 14-1 vote by the city of Los Angeles to raise the minimum wage to $15 by 2020.

Scott might be well versed on various aspects pertaining to consumer finances but, on the minimum wage raise, he is waaay off the mark. He said three things about the minimum wage raise topic. And he was WRONG on all three. Gamm merely recited the 3 most commonly heard (and programmed) descriptions about minimum wage raises.

1. He said it would cause jobs to be lost. FALSE! Employers function with a number of employees that bring them the most income/profit. They CANNOT reduce staff. Any more or less employees results in SALES and income reduction. Layoffs result in losses, not gains.

2. He (and Banderas too) said prices would be raised (or fees created) to compensate for the wage losses, and these losses would just be "passed on" to the customers. More FALSE! scare talk. Businesses CANNOT raise prices because they are already fixed at a market price, related to maximization of sales/income. Any change in price (up or down) results in reduction of SALES and income.

3. He said businesses will move away from LA. FALSE! (in most cases). Does Gamm think that closing down a business and moving to another location can be done scott (no pun intended) free ? Depending on the business, moving costs can vary from just barely economical, to completely UNeconomical, and the latter is much more often the case. Imagine a machine shop with over 100 large production machines, having to pack then all up and move miles away. Some businesses could do it. Not many.

So here's the real crux of all this. As in 1000 other media reports I've seen on minimum wage increases, the most important aspect of this is NEVER MENTIONED. Not a word. That is the increase in DISPOSABLE INCOME resulting in INCREASES SALES$$$. All businesses get this, and generally it far outweighs labor increases, since the number of wage raised consumers (not just those at the minimum wage) by far outnumbers any one employer's workers who are getting wage increases.

Then there's also the fact that many business, while receiving this big SALES boost, do NOT have any wage loss at all. These are businesses who are mom & pop and have no employees, those whose workers are all working just on sales commission (car lots, furniture, real estate, insurance, etc), and third, those with skilled workers (ex. machine shops) whose workers all already get well over $15 hour, or whatever the MW would be raised to.

I think back to when I owned a business. I paid my commission salespeople $350/hour (in 2015 dollars), and they still were only receiving 15% of the sale. In all, I made fine profits and expanded the business. Biggest downer ? All the people who called in and said > "Sorry. I can't afford it." Of course they can't. Not one somebody out there is paying them a low minimum wage. To be successful in business, you have a lot fo things to do. But you can't do anything, if the public around you doesn't have money in their pockets to buy what you're trying to sell.

This is why Conservatives who support raising the MW nationwide, outnumber Conservatives who don't, 54% to 44%.

the most important aspect of this is NEVER MENTIONED. Not a word. That is the increase in DISPOSABLE INCOME resulting in INCREASES SALES$$$.

If I pay my employees another $500,000 a year, are my sales supposed to increase by $500,000?
Is that supposed to be an even trade?

I don't understand how you can be so dense. The economic benefits of raising the minimum wage would occur because the change would happen in the entire economy. Overall, a good portion of the economy would have more disposable income, so yeah, business in general would see an increase in demand.

Overall, a good portion of the economy would have more disposable income, so yeah, business in general would see an increase in demand.

And the increase still leaves them less profitable.

It would initially, yes, but over time the huge boom in consumer spending would change that.

Yea, it would make it better. People with money buy stuff. Who doesn't know that?

When the purchasing power of those already making the proposed wage see all thier costs rise they will not be able to buy as much will they?

So you make it possible for a few people to buy more (maybe) and you reduce the purchasing power of everyone else.

 

[JoeMoma]

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.

Damn! First you say it has not been proven ( that raising minimum wage caused unemployment) but then in your next sentence you say that those that can't afford minimum wage don't belong in business. Well which is it? When the minimum wage doubles and the businesses that no longer can afford paying minimum wage go out of business, what do you think will happen to unemployment?

 

[JoeMoma]

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.

And I can't show you all the workers never hired because of the minimum wage. So what? Still hilarious that a libertarian is in favor of big government mandates.

It is very difficult to show what does not happen.

 

[namvet]

 

[Toddsterpatriot]

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.

Workers don't exist to be personal slaves. And no one is forced to hire workers. You don't wanna pay em, do the work yourself. Or get family members to volunteer their time to better your business. Workers are people too. They have bills and families to support.

Getting them fired will help them? Idiot!

Only ones firing em, will be fat old greedy White dudes like you. Good thing you old dinosaurs are going extinct. America's had enough of yuze guys.

Yup. And the ones getting fired will be the unskilled idiots, like you.

 

[Billy000]

the most important aspect of this is NEVER MENTIONED. Not a word. That is the increase in DISPOSABLE INCOME resulting in INCREASES SALES$$$.

If I pay my employees another $500,000 a year, are my sales supposed to increase by $500,000?
Is that supposed to be an even trade?

I don't understand how you can be so dense. The economic benefits of raising the minimum wage would occur because the change would happen in the entire economy. Overall, a good portion of the economy would have more disposable income, so yeah, business in general would see an increase in demand.

Overall, a good portion of the economy would have more disposable income, so yeah, business in general would see an increase in demand.

And the increase still leaves them less profitable.

It would initially, yes, but over time the huge boom in consumer spending would change that.

Yea, it would make it better. People with money buy stuff. Who doesn't know that?

When the purchasing power of those already making the proposed wage see all thier costs rise they will not be able to buy as much will they?

So you make it possible for a few people to buy more (maybe) and you reduce the purchasing power of everyone else.

You people are so goddamn thick. The price increase would be slight and would not nearly be enough to offset the extra few hundred bucks someone would make a month. Over time the the boost to consumer demand would help the economy and lower prices anyway. Give it a rest. You're wrong. Accept it.