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

[T. A. Gardner]

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?

[Micawber]

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.

[BidenPresident]

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.

[Micawber]

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.

[BidenPresident]

If you can't afford to pay someone $15 per hour for their time, you have no business being in business.

Like Walmart.

[Micawber]

Like Walmart.

and Amazon

[CFM]

Like Walmart.

When your skills aren't worth but $2/hour because a trained monkey could do what you do, you don't pay $15/hour. If you think doing so is a good idea, you won't be in business long.

[Underdog]

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.

[T. A. Gardner]

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...

[gfm7175]

If you can't afford to pay someone $15 per hour for their time, you have no business being in business.

So you are a fascist?

[Into the Night]

If you can't afford to pay someone $15 per hour for their time, you have no business being in business.

You don't have authority to dictate markets. That's fascism. Fuck you.

[T. A. Gardner]

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.

[Red Jenkins]

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.

Can you show evidence for your claim? What tool to measure misery will you be using? MW? How will midday be cut if businesses are hiring fewer people? How will misery be cut in half if the increased labor costs will be passed onto consumers?

[gfm7175]

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.

Price controls ALWAYS create shortages, dude... So you WANT a shortage of jobs???

[CFM]

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.

Losing your job because the government forces an employer to pay your menial job far more than it's worth isn't going to cause misery on those affected?