What happens if Biden gets his $15 minimum wage passed?

T. A. Gardner

T. A. Gardner

Serial Thread Killer
So, what happens if Biden gets the minimum wage to $15 an hour?

Here's were the minimum wage is right now:

state-2019-minimum-wage-map.png


In many states that more than doubles it overnight. Given the current state of business closures for Chinese Disease, will they just decide to close for good in those states? Will employers be able to take that big a wage hit? Will the states with larger portions of the population at minimum wage take a bigger hit?

57211ba052bcd066018bf6b8


How will this affect workers making $15 an hour or more?

My prediction is it is one of many blows that the economy will take causing recovery to grind to a halt... Will Biden blame Trump for that?
 
Well, it would appear that according to your map human misery in the US would be approximately cut in half with a doubling of menial wages.
 
What will happen?


the small businesses that survived democrats choking and trying to kill them for walmart and amazon in the name of covid, wont survive.


your big mac will go up by 2 dollars.
 
T. A. Gardner said:
So, what happens if Biden gets the minimum wage to $15 an hour?

Here's were the minimum wage is right now:

state-2019-minimum-wage-map.png


In many states that more than doubles it overnight. Given the current state of business closures for Chinese Disease, will they just decide to close for good in those states? Will employers be able to take that big a wage hit? Will the states with larger portions of the population at minimum wage take a bigger hit?

57211ba052bcd066018bf6b8


How will this affect workers making $15 an hour or more?

My prediction is it is one of many blows that the economy will take causing recovery to grind to a halt... Will Biden blame Trump for that?
Click to expand...

Why would more people making more money be a bad thing? more income, more disposable income, more economic activity, more taxes paid, more rich guys making more to keep up with demand, more people being hired by rich guys to keep up with the demand, more taxes paid. building an economy from the bottom up makes 5000 times more sense, and works 5000 times better, that stupid shit supply side, from the top down policies.
 
T. A. Gardner said:
So, what happens if Biden gets the minimum wage to $15 an hour?

Here's were the minimum wage is right now:

state-2019-minimum-wage-map.png


In many states that more than doubles it overnight. Given the current state of business closures for Chinese Disease, will they just decide to close for good in those states? Will employers be able to take that big a wage hit? Will the states with larger portions of the population at minimum wage take a bigger hit?

57211ba052bcd066018bf6b8


How will this affect workers making $15 an hour or more?

My prediction is it is one of many blows that the economy will take causing recovery to grind to a halt... Will Biden blame Trump for that?
Click to expand...

I don't know. Show me some non-partisan objective data. I've seen the data from the CBO that it would harm the economy with about 1.3 million projected job losses nationally and increased consumer costs, particularly in the service sector. But these are projections and not actual data from actually doing so. There is also objective data from cities like Seattle who have increased the minimum wage to $15 that it increases consumer spending and therefore business opportunities and that those who earn that minimum wage, particularly in the service sector, spend a significant amount of their increased wages in the service sector which again drives up business opportunities, i.e. more customers, in the service sector. That data showed also that the $15 minimum wage most negatively affected part time workers, particularly young workers but that it was significantly beneficial to full time workers.

So with a lot of contradictory data out there the one thing that needs to be focused in is this a one size fits all solution that would work? I tend to be skeptical. I think it would be beneficial in regions which have large numbers who work full time at the minimum wage but would be harmful in regions which do not.

As for shutting down the economy that's gross hyperbole. Only about 3% of the working wage population earns the minimum wage or less per your own map.

So then what about other ideas? How about a two tiered minimum wage? One for part time employees and a higher one for full time employees?
 
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If prices are raised across the country I will still consume. Try as I might I still need stuff I can't make myself.
 
T. A. Gardner said:
So, what happens if Biden gets the minimum wage to $15 an hour?

Here's were the minimum wage is right now:

state-2019-minimum-wage-map.png


In many states that more than doubles it overnight. Given the current state of business closures for Chinese Disease, will they just decide to close for good in those states? Will employers be able to take that big a wage hit? Will the states with larger portions of the population at minimum wage take a bigger hit?

57211ba052bcd066018bf6b8


How will this affect workers making $15 an hour or more?

My prediction is it is one of many blows that the economy will take causing recovery to grind to a halt... Will Biden blame Trump for that?
Click to expand...

Dumbest idea ever and the clearest sign that democrats don't really care about the people.l they claim to care about.
 
T. A. Gardner said:
You can toss these in as well..

Macy's
Starbucks
Sears
TJX (TJ Maxx for example)
Aramark
Target
Kroger
McDonald's
Yum! Brands (KFC, Taco Bell, etc.)

https://www.huffpost.com/entry/the-...mericans-the-least_n_55e9aa0de4b093be51bb378c

Prepare to pay a lot more for your food when it hits...
Click to expand...




sears will be out of business, and a lot of fast food will be automated.


small businesses will shutter due to corona strain and now having to pay people more money they don't have./
 
T. A. Gardner said:
So, what happens if Biden gets the minimum wage to $15 an hour?

Here's were the minimum wage is right now:

state-2019-minimum-wage-map.png


In many states that more than doubles it overnight. Given the current state of business closures for Chinese Disease, will they just decide to close for good in those states? Will employers be able to take that big a wage hit? Will the states with larger portions of the population at minimum wage take a bigger hit?

57211ba052bcd066018bf6b8


How will this affect workers making $15 an hour or more?

My prediction is it is one of many blows that the economy will take causing recovery to grind to a halt... Will Biden blame Trump for that?
Click to expand...

Here is what idiots like you don't understand: THE ECONOMY WILL BOOM! THE MORE MONEY PEOPLE MAKE THE MORE THEY SPEND.

When all you can do is offer some minimum wage that has not kept up with the cost of living with no increase in over 28 years- WHILE EVERYTHING IN THE WORLD EXCEPT THE PRICE OF LABOR- HAS QUADRUPLED ALL YOU ARE DOING IS FOSTERING POVERTY!

IF YOU CAN'T OFFER UP A GOOD WAGE THEN YOU SHOULD GO BANKRUPT AND GET OUT OF THE WAY FOR THOSE WILLING TO PAY A WAGE THAT IS FAIR and competitive.

The ONE Great thing a minimum wage prevents is the mentality- of "I'd pay you even less- If I only could"!

And let me tell you what- when the minimum goes up- the entire pay scale re-adjusts upwards and everyone gets something out of it.

AND THERE IS NOT A PERSON HERE THAT IS AGAINST MAKING MORE MONEY- SO YOU ARE GOING TO FIND YOURSELF ON THE LOSING SIDE OF THIS ARGUMENT AS THE VOCAL AND VOTING MAJORITY OF PEOPLE WILL VOTE TO INCREASE THE MINIMUM WAGE.

THIS IS HOW IT IS DONE WHEN THE VOCAL MAJORITY AND THE VOTING MAJORITY WIN ELECTIONS- THEY GET WHAT THEY WANT FOR A CHANGE!
 
T. A. Gardner said:
So, what happens if Biden gets the minimum wage to $15 an hour?
Click to expand...

Nothing at first, because it's taking a couple years to get there.


My prediction is it is one of many blows that the economy will take causing recovery to grind to a halt... Will Biden blame Drumpf for that?
Click to expand...

Well, since you have exactly ZERO education in economics, and you willfully ignore the increase to the minimum wage in Seattle (and other places) and the subsequent good fortune from that, I expect this prediction to fall by the wayside, and you to eventually distance yourself from it.

Every single prediction Conservatives have ever made about the MW have been wrong.

These are the same Conservatives who said tax cuts would increase economic growth.
 
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