$15 Minimum Wage Sparks A Jobs Recession In New York

I wonder what they’ll say when they find out Denmark has no minimum wage. Will they still point to it as the paragon of “democratic socialism”?
 
archives said:
In other words, you are back to the arguement we see a lot from conservatives on an array of issues, let the States decide on their own.

With some issues I'll admit it is appropriate, but let's say when a Walmart in Kansas is paying their employees next to nothing while we nationwide war funding the safety net programs as Medicare to keep these people above poverty it does become a national concern
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Yes I say states or cities should decide because it is appropriate. Big coastal cities are having issues with jobs and other consequences of raising their minimum wage. What do you think is going to happen in Manhattan, KS then? You think putting more people and businesses out of work is going to be a benefit for them?

You can’t force a one size fits all on the country when it comes to this issue
 
Reality: The only thing awage mandated by BIG GOVERNMENT produces is INFLATION. The min. wage demanded by government will always be an entry level wage regardless of how many time the government sticks it nose up the ass of private business. Why? Just who do you think is going to offset the mandated wage hikes.....the consumer or the retailer who must make a profit to provide the jobs?

Reality: Every time a wage increase is mandated....the business, either service or production will simply raise the price of the product or service provided. Example: In 1963 when the mandated min. wage was around 1 dollar per hour....the cost of a Micky D's big mack was .49 cents.....today after inflation adjustment that same burger cost 4 bucks with the wages coming in around 10.50 an hour....do the math....wages will never overtake the government nose up your ass min. wage inflation index. Its a simple matter of math and logic. ;)

Liberals are always chasing their own asses around a maypole......min. wage will never be a living wage for a family. The very topic is a liberal buzz word.....in the hope that their voters will always be stupid enough to take their propaganda as gospel. Its simply a liberal dance to mark time presenting the illusion that something of value is being delivered for the purchase of the STUPID VOTE.

If this reality is not truthful and logical.....any liberal, answer this question. Why do families with an average annual wage of around 40k STILL QUALITY for welfare benefits?



I N F L A T I O N: Reality...…...to offset a mandated min. wage hike the business has but a few options. 1. Increase the cost of the product or service provided. 2. Reduce the number of employees. 3. Increase the number of items sold via technology. Under any circumstance it is the WORKER that actually pays the cost of Big Government interference...not the employer.

C O N S U M E R: See....THE SHAFT.
 
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Adolf_Twitler said:
Opie must be talking about fast-food joints that only pay minimum wages.

You know, the Fast-Food restaurants that have been paying their employees the same minimum wage of $7.30 an hour since 1992.

When in fact, Fast-Food Restaurants have increased their prices on the same shit, at least, 400% - 500% since 1992!

Let me break it to you and the fast-food restaurants as gently as I can- THE PRICE OF LABOR ALSO GOES UP- IDIOTS!

Was that gentle enough for you idiots! LOL!
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I suppose that depends on where you live. here, Chick fil a starts at $16/hour.

I would like to see your data on the price increase since 1992 if you don't mind linking us up.
 
cawacko said:
Bernie and others are/have been running on a $15/hr national minimum wage. It’s been out there for a while as an issue.

I don’t believe the federal minimum wage should be changed. If cities or states want to change theirs they can do so.
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What do you think about a city changing its minimum wage, and then having it overturned by the state where the city is? That happened to Kansas City and St. Louis. St. Louis voters approved an increase to $11/hour in 2015. Business lobbyists tied it up in courts for a while, then it went into effect. Then the all-(R) legislature passed a law banning local minimum wage changes, so now it is back to $7.85/hr.

"The city eventually won the legal fight, and for one summer in 2017 St. Louis’ minimum wage workers collected a bigger paycheck. But the victory was short-lived: In the final minutes of the legislative session that spring, the GOP-led Missouri Legislature passed a bill banning local minimum wages."

https://www.stltoday.com/news/local...cle_1558b5b4-5369-5d42-bef7-1e42df8706bf.html

So basically, the PEOPLE voted for it, but then were shot down by a handful of legislators. Thankfully, the forces of light overcame those of evil, and the state voters passed a proposition last year to raise the minimum wage state-wide. The new rate went into effect in January 2019. No doubt the legislators are working hard to figure out a way around it, but for now it stands.

https://www.govdocs.com/missouri-voters-pass-new-minimum-wage-increase/
 
ThatOwlWoman said:
What do you think about a city changing its minimum wage, and then having it overturned by the state where the city is? That happened to Kansas City and St. Louis. St. Louis voters approved an increase to $11/hour in 2015. Business lobbyists tied it up in courts for a while, then it went into effect. Then the all-(R) legislature passed a law banning local minimum wage changes, so now it is back to $7.85/hr.

"The city eventually won the legal fight, and for one summer in 2017 St. Louis’ minimum wage workers collected a bigger paycheck. But the victory was short-lived: In the final minutes of the legislative session that spring, the GOP-led Missouri Legislature passed a bill banning local minimum wages."

https://www.stltoday.com/news/local...cle_1558b5b4-5369-5d42-bef7-1e42df8706bf.html

So basically, the PEOPLE voted for it, but then were shot down by a handful of legislators. Thankfully, the forces of light overcame those of evil, and the state voters passed a proposition last year to raise the minimum wage state-wide. The new rate went into effect in January 2019. No doubt the legislators are working hard to figure out a way around it, but for now it stands.

https://www.govdocs.com/missouri-voters-pass-new-minimum-wage-increase/
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It should be a local issue decided by the supply and demand of labor. I do think the more local the decision, the better as it should be based on cost of living as well.

You don't need as much in Buffalo as you do in NYC.
 
Adolf_Twitler said:
Opie must be talking about fast-food joints that only pay minimum wages.

You know, the Fast-Food restaurants that have been paying their employees the same minimum wage of $7.30 an hour since 1992.

When in fact, Fast-Food Restaurants have increased their prices on the same shit, at least, 400% - 500% since 1992!

Let me break it to you and the fast-food restaurants as gently as I can- THE PRICE OF LABOR ALSO GOES UP- IDIOTS!Was that gentle enough for you idiots! LOL!
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Not when slave labor prevails.

BTW: you win the internet today.
 
Adolf_Twitler said:
Opie must be talking about fast-food joints that only pay minimum wages.

You know, the Fast-Food restaurants that have been paying their employees the same minimum wage of $7.30 an hour since 1992.

When in fact, Fast-Food Restaurants have increased their prices on the same shit, at least, 400% - 500% since 1992!

Let me break it to you and the fast-food restaurants as gently as I can- THE PRICE OF LABOR ALSO GOES UP- IDIOTS!

Was that gentle enough for you idiots! LOL!
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I am sure you have to back that up. Yawn (will never see it). As far as the price of labor old economically challenged one, that is only true if the level of skill needed increased. The level of skill of a fast food worker has actually decreased. No thinking at all.
Why are Democrats so fucking stupid when it comes to fiscal or economic matters?
 
Stretch said:
They've cut off their nose to spite their face. I was a bartender from age 18 - 38. The paycheck meant very little to any of us.
Most all real restaurant/bar workers just wanted hours...as many as we could get because the real money to be made was
from the tips. The house made money, we made money, everyone was happy.
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Democrats don't make policy based on what works, they make policy based on their extremist ideology.
 
Superfreak said:
It should be a local issue decided by the supply and demand of labor. I do think the more local the decision, the better as it should be based on cost of living as well.

You don't need as much in Buffalo as you do in NYC.
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Yes. But what is your opinion, when the ppl of a city vote on raising it, only to have the state's legislature overturn it because "having different rates would be inconsistent"? (The reason given by the (R)s in Missouri when they overturned the STL/KC minimum wage laws.)
 
ThatOwlWoman said:
Yes. But what is your opinion, when the ppl of a city vote on raising it, only to have the state's legislature overturn it because "having different rates would be inconsistent"? (The reason given by the (R)s in Missouri when they overturned the STL/KC minimum wage laws.)
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I don't think the state should have overturned it. It costs more to live in KC than in rural KS. Same for St Louis and rural Mo
 
Terri4Trump said:

$15 Minimum Wage Sparks A Jobs Recession In New York
https://www.investors.com/politics/editorials/minimum-wage-new-york-jobs-recession/

Economics 101: When Amazon pulled out of New York, the loss of 25,000 future jobs made headlines. What isn't making headlines are the thousands of jobs being destroyed right now thanks to the city's new $15 minimum wage.

Over the past four years, the minimum wage for New York City restaurants that employ more than 10 workers went from $10.50 an hour to $15. That's a whopping 43% increase. Next year, every restaurant, big and small, will have to pay their workers at least $15 an hour.

A big victory for workers, right? That's how it's depicted by the "Fight for $15" crowd. And, yes, if you held a full-time minimum-wage job over those years, your gross income would have gone up by $9,360.

But those massive wage hikes come at a painful cost that backers refuse to acknowledge. They kill jobs. Just like they're doing right now in New York City. In just the last three months of last year, 4,000 workers lost jobs at full-service restaurants, Bureau of Labor Statistics data show. By the end of last year, there were fewer restaurant workers in the city than in November 2016. Even though overall employment climbed by more than 163,000.
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That was certainly predictable.

Price controls don't work. They have never worked. They always cause shortages (in this case, available jobs).
 
archives said:
Ah, how do you know there just wasn't fewer restaurants? not like there is a shortage of such in NYC

And it is always interesting how conservatives are so concerned with New York, when New York resembles Kansas get back to us
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So you would rather see restaurants close entirely, eh? What a moron.
 
LV426 said:
You promised at least 3% growth if your stupid tax cut was passed.

Actual growth? 2.85%, below Obama's 2015 GDP of 2.88%.

Also, every single recession from the last 40 years began with a Conservative in the White House.
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* Rapid inflation took place during the Johnson years (a RINO).
* The OPEC oil 'crisis' and gas lines were Carter (a Democrat).
* The dot.com crash began during the Clinton era.
* The housing crash began during Bush (a RINO), but was worsened by Obama (a Democrat).

Your numbers are wrong. Obama had a growth rate of only 0.4% during his last years in office.

Growth rate is not economics. You have shown everyone here that you do not understand economics.
 
cawacko said:
Bernie and others are/have been running on a $15/hr national minimum wage. It’s been out there for a while as an issue.

I don’t believe the federal minimum wage should be changed. If cities or states want to change theirs they can do so.

There has been lots of research done on Seattle’s minimum wage increase and the results have been a mixed bag. Helps some hurts others.

But Manhattan, NY and Manhattan, KS are two very different places when it comes to cost of living and to say one size should fit all for both locations overlooks a lot of economic reality
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Price controls don't work.
 
cawacko said:
Yes I say states or cities should decide because it is appropriate. Big coastal cities are having issues with jobs and other consequences of raising their minimum wage. What do you think is going to happen in Manhattan, KS then? You think putting more people and businesses out of work is going to be a benefit for them?

You can’t force a one size fits all on the country when it comes to this issue
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NO ONE should decide. Wages are determined by price discover (supply and demand).
 
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