So, You Want $15 An Hour?

Your fly died

The pretzel has black mold


15 NOBEL PEACE PRIZE WINNING ECONOMISTS


or some bag O dicks on the internets


Wow


That was easy
 
evince said:
You shits crashed the economy in 2008


Why should we ever listen to you shits again
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bankers did by shirking due diligence and securitizing bad loans and selling it as an investment product, increasing the leverage of poisonous assets.

you're still listening to them on globalization and the corona. stop doing so please.
 
See that first link in my signature?


That’s the trump team admitting they didn’t enforce existing regulations on the banks for the entire Bush term of 8 years


And that it fucked the nation


You lose idiot
 
AssHatZombie said:
so are you then.

can you guarantee prices won't rise if minimum wage isnt raised?

no you can't.

so stfu.
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You're a bigger fuckin' idiot than Frank.

See, as the owner of my business, I can guarantee what happens with my pricing. If I want to keep my prices where they are and not raise them, I can most definitely do that.

I don't suspect you'll have the balls to actually answer a question, but I'll give it a shot. Now that I've answered your question, please answer mine: Do you honestly think prices will remain the same if minimum wage is raised? Here in Florida, minimum wage is ten bucks an hour. Voters decided it needs to be $15 an hour; a hike of 50%. Do you honestly expect that prices on consumer goods won't increase, as well?
 
Street Glider said:
You're a bigger fuckin' idiot than Frank.

See, as the owner of my business, I can guarantee what happens with my pricing. If I want to keep my prices where they are and not raise them, I can most definitely do that.

I don't suspect you'll have the balls to actually answer a question, but I'll give it a shot. Now that I've answered your question, please answer mine: Do you honestly think prices will remain the same if minimum wage is raised? Here in Florida, minimum wage is ten bucks an hour. Voters decided it needs to be $15 an hour; a hike of 50%. Do you honestly expect that prices on consumer goods won't increase, as well?
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stop lying.
 
Dutch Uncle said:
There's also housing, utilities, transportation, insurance, taxes, etc.

What is the cost of living index comparison between the US and Denmark...realizing that the US is a sooo much larger than the little country by the sea.** :)

Here's the data in individual states: https://meric.mo.gov/data/cost-living-data-series

COS_Q4_2021-small_0.jpg



**Denmark population 5.8M is about the same as Wisconsin's. The US is 330M. Denmark is 16.6K sq. miles; Maryland is 12.4K and West Virginia is 24K.
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so you're for minimum wage as a concept.
 
danielpalos said:
Raising the minimum wage may help improve supply-side efficiency.
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yes. a shrinking customer base will eliminate vendor savings which result from bulk buys of raw materials.

....


if that's how you want to think of it.

and of course, people go into business to improve the efficiency of overall societal operations.
 
AssHatZombie said:
yes. a shrinking customer base will eliminate vendor savings which result from bulk buys of raw materials.

....


if that's how you want to think of it.

and of course, people go into business to improve the efficiency of overall societal operations.
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Is that how economics works in right-wing fantasy. Why wouldn't persons with more money spend more of that income on goods and services?
 
danielpalos said:
Is that how economics works in right-wing fantasy. Why wouldn't persons with more money spend more of that income on goods and services?
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That statement holds true into the upper middle class. But the really powerful people use vast hedge funds to sculpt society in their favor.

The money is used for control.
 
Street Glider said:
So, you want $15 to start as a cashier at Wal-Mart?

I rarely go to Wal-Mart, but the last time I was there (about three weeks ago) there were two cashiers on duty, and eight self-service lanes open.

It's a smart move by Wal-Mart. At $15 an hour, eight cashier lanes running 17 hours a day (my local Wal-Mart is open from 6am-11pm) costs Wal-Mart $2,040 per day to operate. In just 2-1/2 days a single kiosk can pay for itself (they run around five grand a pop). The kiosk then no longer needs anything; no training, no time off, no breaks, no health insurance, no paid holidays; nothing.

This is where retail is headed. If we assume ten kiosks per store and an otherwise hourly wage of $15 an hour per soon-to-be-out-of-work cashier, once these kiosks pay for themselves (which would happen in rather short order) Wal-Mart will save a total of $2,550 per day in hourly wages. That's $17,850 per week, or $928,200 a year, and that's per store. Wal-Mart has approximately 10,500 stores. If this approach was put in place in all of their stores, Wal_Mart would save $9,746,100,00 per year.

Many retailers will follow Wal-Mart's lead. If the kiosk idea ultimately fails, Wal-Mart is large enough to absorb the loss. If it succeeds, though, other retailers will start adopting the use of kiosks instead of employing cashier's. Even the largest grocery stores (which are also currently employing self-serve kiosks) will be able to operate with far fewer employees.

This is just an observation based on what I've seen locally here in northeast Florida. I have to believe that northeast Florida is not unique...
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15 bucks is worth less than 7.35 was when it was established. Profits are at all-time highs. If you do not get raise, you are taking pay cuts due to inflation.
 
Nordberg said:
15 bucks is worth less than 7.35 was when it was established. Profits are at all-time highs. If you do not get raise, you are taking pay cuts due to inflation.
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nordberg is turning toward the people. good on nordberg.

Reagan, gordon gecko, and the supply siders created a fascist cult.

I know. I used to be their biggest cheerleader. I was so wrong. IM making up for it now.
 
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