Merry Christmas from Donald Trump

[Unregistered]

you are correct. businesses like Mcdonalds, supermarkets, pools, lawns have always been a great 1st job for a 15year old. (not something for a person to aspire to for a career choice) but a starter stepping stone job.

Liberals are pushing this issue like it will solve all your problems (but will actually keep you fully dependent on your government).

In many states you can't work until you're 16, but that aside the fast food industry employs millions of adults, many of whom have kids.

https://www.cnbc.com/2019/08/29/fast...and%20benefits.

https://www.nytimes.com/2018/05/03/u...-shortage.html

[Unregistered]

you are correct. businesses like Mcdonalds, supermarkets, pools, lawns have always been a great 1st job for a 15year old. (not something for a person to aspire to for a career choice) but a starter stepping stone job.

Liberals are pushing this issue like it will solve all your problems (but will actually keep you fully dependent on your government).

Raising the minimum wage lowers the number of people who have to rely on government assistance.

"Millions of Americans who are working full-time jobs still rely on federal health care and food assistance programs because of low wages, a bipartisan congressional watchdog says.
A report from the Government Accountability Office found that about 70% of adult workers participating in Medicaid, which provides health care to low-income Americans, and the Supplemental Nutrition Assistance Program, also known as food stamps, are working full time."

https://www.detroitnews.com/story/bu...id/6356102002/

[Unregistered]

what happens is that the additional costs will be forwarded to the customer. a dinner for a family of 5 that was perhaps around $125 will now be about $200.

Less people will go out to restaurants and/or the frequency will be less.

Businesses like maybe a supermarket will probably cut some staff and those who remain will have to perform 2x the workload.

My local supermarket already has a fkg robot that travels and scans the aisles that was at one time done by a person.

Mcdonalds has kiosks!!!!!

Title Con clearly has never owned a restaurant or even taken basic accounting class.

[Unregistered]

Pork is sticking unrelated garbage into a bill to either get something that has no chance individually in passing or getting someone to vote in favor in return for some kind of quid pro quo inclusion

15 min wage has nothing to do with battling covid, especially if you do it over a longer period of time.

15 min wage is stupid. The country is diverse. 15 in Mississippi is not the same as 15 in Silicon Valley

Both parties of adding pork to bills and it frustrates voters immensely. I agree this should be a separate issue from a relief bill, which is badly needed now. Biden wants to raise the MW more gradually which would give businesses time to adjust rather than slam them all at once. $7.25 isn't survivable even in MS. $8/hour is $16K a year working 40 hours a week. Raising it to $15 = $30K.

[Unregistered]

Merry Christmas from Donald Trump

So the cost of this meal rises by the cost of 5 hours of labor?

We always knew you were nuts.



I’ll happily pay $0.30 more for a slice and make up for you mr stingy.



So many weasel words bolded there show how soft you are. Come back when you aren’t just making shi* up.



My local supermarket already has a fkg robot that travels and scans the aisles that was at one time done by a person.

Mcdonalds has kiosks!!!!!

[/QUOTE]




[QUOTE=Unregistered;2928731]So the cost of this meal rises by the cost of 5 hours of labor? Per Employee. so a staff of 10 is an increase of 50hrs.

we have always known the champion libby or "EL" does not understand basic economics and math skills. Perhaps you are lost with your vast wealth of Robux?

[Unregistered]

libs continually amaze me with their inability to use critical thinking...5 hours of labor?...it may not be as much as the other poster said but it is definitely closer to hi estimate than your .30 a slice lol(your wife must love that your idea of a nice meal is takeout pizza bahahaha)...the effect on the restaurant will be 1 hour of labor for 5 people which will definitely be passed along to customers and cause middle class families to go out for dinner less often[/QUOTE]

Lol ....trying for some ad hominem insults? I laugh at you. We personally make better pizza than we can buy and so so when we crave, but we often buy a few pies for first responders or people waiting in lines to vote so I am happy to pay a bit more when I do.

Now, let’s look at some actual DATA showing you are WRONG as usual

By looking at changes in restaurant food pricing during the period of 1978–2015, MacDonald and Nilsson find that prices rose by just 0.36 percent for every 10 percent increase in the minimum wage, which is only about half the size reported in previous studies. They also observe that small minimum wage increases do not lead to higher prices and may actually reduce prices. Furthermore, it is also possible that small minimum wage increases could lead to increased employment in low-wage labor markets.

^^^^ opposite of what you are saying. Have you published your results like thise researchers? What was that? Did I head a “no” there? Speak up little ❄️

[Unregistered]

Title Con clearly has never owned a restaurant or even taken basic MATH class.

^^^ small edit. TC doesn’t have the basic math skills to get a seat in an accounting class.

[Unregistered]

Title Con clearly has never owned a restaurant or even taken basic accounting class.

ok Mr. restaurateur...tell us how doubling labor costs effects a restaurant

[Unregistered]

libs continually amaze me with their inability to use critical thinking...5 hours of labor?...it may not be as much as the other poster said but it is definitely closer to hi estimate than your .30 a slice lol(your wife must love that your idea of a nice meal is takeout pizza bahahaha)...the effect on the restaurant will be 1 hour of labor for 5 people which will definitely be passed along to customers and cause middle class families to go out for dinner less often

Lol ....trying for some ad hominem insults? I laugh at you. We personally make better pizza than we can buy and so so when we crave, but we often buy a few pies for first responders or people waiting in lines to vote so I am happy to pay a bit more when I do.

Now, let’s look at some actual DATA showing you are WRONG as usual



^^^^ opposite of what you are saying. Have you published your results like thise researchers? What was that? Did I head a “no” there? Speak up little ❄️[/QUOTE]


and does your article say how they were able to keep their prices low? maybe by laying off some people? because the CBO says it will cost 1.4 million jobs...it may not effect large urban areas as much because wages are generally higher there already but it will have a net negative effect on the economy...

"A recent study by the Congressional Budget Office, entitled “The Effects on Employment and Family Income of Increasing the Federal Minimum Wage,” was conducted to determine how increasing the federal minimum wage from $7.25 to $10, $12 or $15 per hour by 2025 would affect employment and family income. The conclusion was that increasing the federal minimum wage would have two major impacts on low-wage workers: earnings would increase for many, which would lift some families out of poverty. However, other low-wage workers would become jobless, their family income would drop and it could place them below the poverty threshold." - Forbes

...so your solution is to artificially pull people out of poverty to put others out of work...how about we encourage those under the poverty line now to better themselves through education so that they can pull themselves out of poverty...just a thought

[Unregistered]

Merry Christmas from Donald Trump

Lol ....trying for some ad hominem insults? I laugh at you. We personally make better pizza than we can buy and so so when we crave, but we often buy a few pies for first responders or people waiting in lines to vote so I am happy to pay a bit more when I do.

Now, let’s look at some actual DATA showing you are WRONG as usual



^^^^ opposite of what you are saying. Have you published your results like thise researchers? What was that? Did I head a “no” there? Speak up little ❄️

and does your article say how they were able to keep their prices low? maybe by laying off some people? because the CBO says it will cost 1.4 million jobs...it may not effect large urban areas as much because wages are generally higher there already but it will have a net negative effect on the economy...

"A recent study by the Congressional Budget Office, entitled “The Effects on Employment and Family Income of Increasing the Federal Minimum Wage,” was conducted to determine how increasing the federal minimum wage from $7.25 to $10, $12 or $15 per hour by 2025 would affect employment and family income. The conclusion was that increasing the federal minimum wage would have two major impacts on low-wage workers: earnings would increase for many, which would lift some families out of poverty. However, other low-wage workers would become jobless, their family income would drop and it could place them below the poverty threshold." - Forbes

...so your solution is to artificially pull people out of poverty to put others out of work...how about we encourage those under the poverty line now to better themselves through education so that they can pull themselves out of poverty...just a thought[/QUOTE]

ha, my entire family are business owners, Pharmacy, diners, construction. i can tell you with full confidence that you can take the almighty and sacred "recent study by the Congressional Budget Office, entitled “The Effects on Employment and Family Income of Increasing the Federal Minimum Wage,” and wipe your ass with it.

just another example of your liberal slave masters believing that a "one size fits all" under their socialist vision will create a utopian society.

[Unregistered]

There is real world data out there from states that have raised their minimum wage rates - not a huge impact on unemployment. Multiple other states raised it Jan of this year but with Covid screwing up the economy the data won't be as reliable/predictive.


https://www.epi.org/blog/low-wage-wo...age-2018-2019/
https://www.forbes.com/sites/zackfri...h=3cf4fc531551

The CBO has given their estimates for raising it to different levels, which is why Biden wants to do it incrementally

A $10 minimum—According to the CBO's projections, the $10 minimum wage would raise earnings for up to 3.5 million workers and "have virtually no effect on employment." Nor would it have an appreciable impact on the number of people in poverty.1

A $12 minimum—The $12 minimum wage would benefit up to 11 million workers while reducing overall employment by an estimated 300,000 jobs. The number of people whose annual incomes fell below the poverty threshold in 2025 would be reduced by 400,000.

A $15 minimum—Finally, the $15 minimum wage would benefit up to 27 million workers but cost an estimated 1.3 million jobs. At the same time, a similar number of people (1.3 million) would see their annual incomes rise above the poverty threshold.18 https://www.investopedia.com/article...employment.asp

[Unregistered]

and does your article say how they were able to keep their prices low? maybe by laying off some people? because the CBO says it will cost 1.4 million jobs...it may not effect large urban areas as much because wages are generally higher there already but it will have a net negative effect on the economy...

"A recent study by the Congressional Budget Office, entitled “The Effects on Employment and Family Income of Increasing the Federal Minimum Wage,” was conducted to determine how increasing the federal minimum wage from $7.25 to $10, $12 or $15 per hour by 2025 would affect employment and family income. The conclusion was that increasing the federal minimum wage would have two major impacts on low-wage workers: earnings would increase for many, which would lift some families out of poverty. However, other low-wage workers would become jobless, their family income would drop and it could place them below the poverty threshold." - Forbes

...so your solution is to artificially pull people out of poverty to put others out of work...how about we encourage those under the poverty line now to better themselves through education so that they can pull themselves out of poverty...just a thought

ha, my entire family are business owners, Pharmacy, diners, construction. i can tell you with full confidence that you can take the almighty and sacred "recent study by the Congressional Budget Office, entitled “The Effects on Employment and Family Income of Increasing the Federal Minimum Wage,” and wipe your ass with it.

just another example of your liberal slave masters believing that a "one size fits all" under their socialist vision will create a utopian society.[/QUOTE]

You don’t read very well, do you?

Let me show you part of the excerpt I already gave you, remedial reader!

Furthermore, it is also possible that small minimum wage increases could lead to increased employment in low-wage labor markets.

So if you would like to list your expertise and qualifications to take issue with the ECONOMISTS who authored that study, go for it!

[Unregistered]

ha, my entire family are business owners, Pharmacy, diners, construction. i can tell you with full confidence that you can take the almighty and sacred "recent study by the Congressional Budget Office, entitled “The Effects on Employment and Family Income of Increasing the Federal Minimum Wage,” and wipe your ass with it.

just another example of your liberal slave masters believing that a "one size fits all" under their socialist vision will create a utopian society.

You don’t read very well, do you?

Let me show you part of the excerpt I already gave you, remedial reader!



So if you would like to list your expertise and qualifications to take issue with the ECONOMISTS who authored that study, go for it![/QUOTE]

Con sounds like Trump, who once claimed he was good with science because he had an uncle who taught at MIT :)

[Unregistered]

You don’t read very well, do you?

Let me show you part of the excerpt I already gave you, remedial reader!



So if you would like to list your expertise and qualifications to take issue with the ECONOMISTS who authored that study, go for it!

Con sounds like Trump, who once claimed he was good with science because he had an uncle who taught at MIT :)[/QUOTE]

Exactly!

Besides, there was nothing in his response to suggest I wasn’t correct - that if businesses like those run by his “family” need a $7.25 minimum wage to “make it” we would be better off if they lose them and people who can run them profitably while paying a living wage take over.

Unless the con would like to argue that our current brand of capitalism can’t cut it in this manner ....

Well, con?

[Unregistered]

Many people who need government services work full time its just for very low wages. It shouldn't be like that in a country this wealthy. You should be able to afford a roof over your head, healthcare and basic needs. The irony is cons scream about "takers" but if people were paid a living wage they wouldn't need to take.