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

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

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

    Here's were the minimum wage is right now:



    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?



    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?

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    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.

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    Quote Originally Posted by Micawber View Post
    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.
    Gardner hates this country. It seems obvious now.

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    Quote Originally Posted by BidenPresident View Post
    Gardner hates this country. It seems obvious now.
    If you can't afford to pay someone $15 per hour for their time, you have no business being in business.

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    Quote Originally Posted by Micawber View Post
    If you can't afford to pay someone $15 per hour for their time, you have no business being in business.
    Like Walmart.

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    Quote Originally Posted by BidenPresident View Post
    Like Walmart.
    and Amazon

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    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.

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    Quote Originally Posted by Micawber View Post
    If you can't afford to pay someone $15 per hour for their time, you have no business being in business.



    amazon and walmart thank you for hating small business.

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    Quote Originally Posted by BidenPresident View Post
    Gardner hates this country. It seems obvious now.
    No I don't. But it is clear you hate businesses that operate on thin margins of profit often doing the most menial jobs that make the rest of society comfortable.

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    Quote Originally Posted by T. A. Gardner View Post
    So, what happens if Biden gets the minimum wage to $15 an hour?

    Here's were the minimum wage is right now:



    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?



    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?
    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.

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    Quote Originally Posted by T. A. Gardner View Post
    So, what happens if Biden gets the minimum wage to $15 an hour?

    Here's were the minimum wage is right now:



    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?



    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?
    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?
    Last edited by Mott the Hoople; 01-19-2021 at 12:28 PM.
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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.

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    Well Chairman Plugs can either work for China's minimum wage or refuse to take a U.S. presidential salary.
    Abortion rights dogma can obscure human reason & harden the human heart so much that the same person who feels
    empathy for animal suffering can lack compassion for unborn children who experience lethal violence and excruciating
    pain in abortion.

    Unborn animals are protected in their nesting places, humans are not. To abort something is to end something
    which has begun. To abort life is to end it.



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    Quote Originally Posted by Bull&Terrier View Post
    amazon and walmart thank you for hating small business.
    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-1...b093be51bb378c

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

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    Quote Originally Posted by T. A. Gardner View Post
    So, what happens if Biden gets the minimum wage to $15 an hour?

    Here's were the minimum wage is right now:



    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?



    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?
    Dumbest idea ever and the clearest sign that democrats don't really care about the people.l they claim to care about.

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