Buffett: I'd love to see minimum wage at $15 an hour!

[CFM]

Better to stick with somebody smart than Someone Like You

One in the same, boy.

[Nordberg]

It loses low paying jobs. The jobs for the most vulnerable. The ones you claim to care about most. If it worked as you claim every state and city would be raising it

It does not. When you run a business you have a certain amount of man hours to fill. The work still has to be done. You don't just quit making things.

Truth is the minimum wage is getting cut due to inflation. If it merely kept pace with that, it would be near 15 now. So every year, the bottom workers take a pay cut.

[Truth Detector]

It does not. When you run a business you have a certain amount of man hours to fill. The work still has to be done. You don't just quit making things.

You either increase prices or automate. But why only $15 an hour. If the arbitrary mandatory Government minimum wage theory is so great, why not $32 an hour?

What would you know about running a business?

Truth is the minimum wage is getting cut due to inflation. If it merely kept pace with that, it would be near 15 now. So every year, the bottom workers take a pay cut.

Is anyone forcing these workers to work for less? If so, who?

[cawacko]

It does not. When you run a business you have a certain amount of man hours to fill. The work still has to be done. You don't just quit making things.

Truth is the minimum wage is getting cut due to inflation. If it merely kept pace with that, it would be near 15 now. So every year, the bottom workers take a pay cut.

What do you mean man hours to fill? If I own a business and I have to pay employees I can't just say the work needs to be done but I don't have the money to pay you so let me write you an IOU. Again, if it were as straight forward and beneficial as you claim every city and state would be raising their minimum wage to $15 immediately.



""Raising the minimum wage would increase family income for many low-wage workers, moving some of them out of poverty. But some jobs for low-wage workers would probably be eliminated and the income of those workers would fall substantially.""

https://www.cbo.gov/publication/44995



CBO report: Minimum wage hike could cost 500,000 jobs

https://www.usatoday.com/story/news/...-jobs/5582779/



A $15 Minimum Wage Would Cost 6.6 Million Jobs. Yes, 6,600,000 Jobs

https://www.forbes.com/sites/timwors.../#339dfe553db7



Seattle's $15 minimum wage may be hurting workers, report finds

https://www.usatoday.com/story/money...ers/431424001/

[cawacko]

What's deceptive/dishonest about the headline is stated in the first three paragraphs of the article:


Warren Buffett said he would love to see the minimum wage double to $15 an hour. But he admits that wouldn't be a good idea.

Speaking on CNBC Monday morning, Buffett said a minimum wage hike could hurt jobs.

"If you could have a minimum wage of $15 and it didn't hurt anything else, I would love it," he said. "But clearly that isn't the case."

[katzgar]

One in the same, boy.

the drug addled one mumbles, good job skippy

[CFM]

the drug addled one mumbles, good job skippy

Your superior has spoken, boy.

[katzgar]

Your superior has spoken, boy.

Buffett did indeed speak

[CFM]

Buffett did indeed speak

That makes two of us that you admit are superior to you.

[katzgar]

That makes two of us that you admit are superior to you.

The day a drunken uneducated opioid addled trumpster like you is superior to anyone will never come.

[CFM]

The day a drunken uneducated opioid addled trumpster like you is superior to anyone will never come.

It already has.

You're 0 - 3, boy. Don't drink, don't do drugs of any kind, and have multiple degrees from institutions that you couldn't get it with the fullest amount of affirmative action being applied on your behalf.

You should be thankful for HBCs. They were created so you morons could feel like you accomplished something when, in reality, a degree from one of those schools has about as much validity as a kindergarten diploma.

[Nordberg]

What do you mean man hours to fill? If I own a business and I have to pay employees I can't just say the work needs to be done but I don't have the money to pay you so let me write you an IOU. Again, if it were as straight forward and beneficial as you claim every city and state would be raising their minimum wage to $15 immediately.



""Raising the minimum wage would increase family income for many low-wage workers, moving some of them out of poverty. But some jobs for low-wage workers would probably be eliminated and the income of those workers would fall substantially.""

https://www.cbo.gov/publication/44995



CBO report: Minimum wage hike could cost 500,000 jobs

https://www.usatoday.com/story/news/...-jobs/5582779/



A $15 Minimum Wage Would Cost 6.6 Million Jobs. Yes, 6,600,000 Jobs

https://www.forbes.com/sites/timwors.../#339dfe553db7



Seattle's $15 minimum wage may be hurting workers, report finds

https://www.usatoday.com/story/money...ers/431424001/

Easy. It means you have a certain amount of work to do every day. You need people to perform the work. It is calibrated in man hours. If you need 5 people to work on a line and work 8 hours a day, you have 40 man hours of work to do it. If you lay them off because min. wage goes up, the work will not get done. The business or production will suffer.

Raising the min wage has happened m,any times and in m,any countries. It does not cause workers to lose their jobs, or is some cases a small amount for a short time. There are some economists like Moore who make the claim that it kills jobs, but the large bulk of them recognize the facts.

[cawacko]

Easy. It means you have a certain amount of work to do every day. You need people to perform the work. It is calibrated in man hours. If you need 5 people to work on a line and work 8 hours a day, you have 40 man hours of work to do it. If you lay them off because min. wage goes up, the work will not get done. The business or production will suffer.

Raising the min wage has happened m,any times and in m,any countries. It does not cause workers to lose their jobs, or is some cases a small amount for a short time. There are some economists like Moore who make the claim that it kills jobs, but the large bulk of them recognize the facts.

You have the CBO stating it and you the Univ of Washington study stating it about Seattle. Businesses aren't going to pay workers more if they don't get a corresponding value from doing so. Thus if they are forced to do it they lay people off.

And read Buffets quote from the first three lines of the article. He acknowledges it can't be done.

[katzgar]

It already has.

You're 0 - 3, boy. Don't drink, don't do drugs of any kind, and have multiple degrees from institutions that you couldn't get it with the fullest amount of affirmative action being applied on your behalf.

You should be thankful for HBCs. They were created so you morons could feel like you accomplished something when, in reality, a degree from one of those schools has about as much validity as a kindergarten diploma.

Bullshit. you cant be that stupid and be sober.

[canceled.2021.1]

If liberals really want to raise people’s wages then why do they support importing low wage workers which drive down wages for American workers?