Verified User
check it out, if you do not believe it...goon.Originally Posted by Bull&Terrier
The Organization for Economic Co-Operation and Development developed a list of each country's minimum wages. The ten countries with the highest minimum wages (in USD) are:
Luxembourg ($13.78)
Australia ($12.14)
France ($11.66)
New Zealand ($11.20)
Germany ($10.87)
Netherlands ($10.44)
Belgium ($10.38)
United Kingdom ($10.34)
Ireland ($9.62)
Canada ($9.52)
https://worldpopulationreview.com/co...age-by-country
here is a comparison of big mac costs around the world-
https://www.statista.com/statistics/...for-a-big-mac/
Not Like You
really?
so you think now is a good time to raise minimum wage when we don't even let most stores open yet demand they pay thier employees, taxes, mortgages?
you think they can afford this?
I bet they halve the employees and double thier workload.
Not Like You
I literally showed you you gave the value meal prices for the burger in the US price. you were caught with a lying meme. I can't help they see your gullible ass from a mile away.
Is this before taxes? of course it is.
Honoring my oath
My guess is inflation, higher unemployment, more automation.
"Hatred is a failure of imagination" - Graham Greene, "The Power and the Glory"
New Nicotine Free Version
JPP Staff
Almost nothing would happen. Even now folks are hired above minimum pretty much everywhere. The reality is, minimum wage is normally only really necessary during a recession, not needed at the beginning of a boom like we'll have when folks really begin to reopen now that we have a new naked emperor...
Excellence is an art won by training and habituation. We do not act rightly because we have virtue or excellence, but rather we have those because we have acted rightly. We are what we repeatedly do. Excellence, then, is not an act but a habit.
- -- Aristotle
Believe nothing on the faith of traditions, even though they have been held in honor for many generations and in diverse places. Do not believe a thing because many people speak of it. Do not believe on the faith of the sages of the past. Do not believe what you yourself have imagined, persuading yourself that a God inspires you. Believe nothing on the sole authority of your masters and priests. After examination, believe what you yourself have tested and found to be reasonable, and conform your conduct thereto.
- -- The Buddha
It is the mark of an educated mind to be able to entertain a thought without accepting it.
- -- Aristotle
Verified User
What new sock name?
If you don't want to provide it don't provide it. No skin off my nose.
Verified User
good god, you are a stupid piece of shit. can't even accept the facts even as they are slapping your right across your huge gaping piehole.
Rune (01-19-2021)
Astraea
JPP Staff
Lol, yes, reopening will happen, because we will finally have an administration that knows how to handle a natural disaster.
Verified User
The thing you are deliberately or inadvertently forgetting about all this, is that the people at the lower end of the income spectrum are also the ones most likely to spend money in the economy, thus creating demand.
Because, as I'm sure an amateur economist like you knows, an economy can only grow by demand.
So how does one increase demand? Simple...pay people more money to spend. We know that stimulus is most effective when it's directed at the bottom, rather than the top. So by lifting the minimum wage to $15/hr, we end up SAVING money on welfare programs that are income-determinant.
So the choice really boils down to this: Do you want to spend less or more on social welfare programs? Because a higher minimum wage means you spend LESS on things like SNAP, Housing Assistance, etc.
Not if Public Colleges are free.It could encourage fewer to pursue education.
They already are automating and have already done that. Where have you been the last 30 years?????It will encourage businesses to automate big time.
ZERO. You don't have to raise it at all.Then there's the trickle up effect. If the line workers are getting $15 an hour now instead of say $7.50 and the manager was making $15 an hour, how much do you have to raise the manager's wage?
You mean those who haven't already done this? Like who?For some companies, off shoring will become attractive.
Nominally, maybe. Incrementally, perhaps. But drastically? No.The cost of goods and services will go up.
Most workers don't get raises now.Future raises will be fewer and further between.
Why would they do that if their revenues are also increasing thanks to more people having more money to spend?A big mandatory raise like that certainly result in companies withholding raises in pay for whatever
Do you...do you think the wage gap is equitable now??????Over time, things like a smaller wage gap, etc., will disappear as the market corrects itself to the new norm.
When I die, turn me into a brick and use me to cave in the skull of a fascist
Verified User
What do you think a higher MW does to the price of a big mac?
Verified User
Liar.
When I die, turn me into a brick and use me to cave in the skull of a fascist
Verified User
Maybe you went to those continents under a different ID than the one you decided to resurrect in mid-October when it appeared Trump was going to lose?
When I die, turn me into a brick and use me to cave in the skull of a fascist
Verified User
Join Date: Jan 2021
Did you forget which ID you were using?
Why should I give you anything that you can search for yourself in Google, since you can't even be honest with me under this new sock you created?
Why did you create this new sock? Did you get tired of being embarrassed?
When I die, turn me into a brick and use me to cave in the skull of a fascist
Thread Killer
The problem with this reasoning is that many things are not mandatory or non-optional as part of our economy. That is, if what your company does isn't critical or absolutely necessary to society, then you may very well go bankrupt and NOBODY will choose to do what you did in your stead.
The other likelihood is that you get replaced by a machine.
McDonald's counter help? Don't need you anymore. You were replaced by a kiosk.
So, I the owner got rid of say 8 positions to keep my other 6 and my payroll overall stays the same. I didn't go bankrupt, but I did create 8 newly unemployed people now living in poverty. So, your whole theory there needs some serious revision.
And, the economy won't boom. Sure, those below $15 an hour now make more, but those at or above $15 an hour now feel slighted by the fact that their higher skill levels are underappreciated and they too want raises. That all costs money and raises the price of goods and services. In the end, the economy takes a hit and then settles back to steady state. The artificial wage increase is adjusted for and everybody ends up back were they were before it happened. Sure, now a $5.00 burger costs say $9.50, but that's the market price at a $15 minimum wage...
Verified User
good thing you get almost everything wrong!! minimum wage has not been raised in 12 years.....and wages have remained fairly constant during that time, and yet productivity has gone up, and huge historic profits for so many companies have occurred, and the number of millionaires in the country has gone through the roof during that time. almost all workers get MORE THAN MINIMUM WAGE RIGHT NOW, STUPID. and there are exceptions for small companies and for other reasons, to maintain the minimum wage.
Yes, Democrats held majority almost every time ... - PolitiFactwww.politifact.com › factchecks › feb › facebook-posts
Claim: Since 1938 the minimum wage has been increased "23 times" and was raised "21 times during Democratic congresses, and only twice during Republican ones."
Claimed by: Facebook posts
Fact check by PolitiFact: Mostly True
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