To rehash the minimum wage debate would be redundant. Anyone with business experience should see what’s going to happen. Many small independent businesses, retail stores, and restaurants that pay minimum wage will go under.
Thursday, May 20, 2021
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Don't usually shop at Walmart, but about two weeks ago I was in a nearby store and as I walked through the store looking for what I needed, I noticed that except for one checkout station, all other checkout stations were self-serve, automatic checkouts. That is the face of $15 an hour.
ReplyDeleteWrong- Sam’s kids have been workin at squeezing every last dime out of that operation. They have been pushing no cashiers for quite some time.
Delete"Unionized government workers will automatically get raises because their wages are indexed to the minimum wage..."
ReplyDeleteI'll bet some non-government workers are the same.
Inflation spiral.
But that’s a feature they are looking for. Ruin the middle class!
ReplyDeleteThat is the result he is looking for, democrats propose the destruction of America, and Republicans negotiate on how quickly it happens. YCVYWOOT
ReplyDeleteThe instant-gratification emotion-driven, dull-witted nitwits who cheer the doubling the minimum wage are the same ones who will complain their fucking asses off when the cost of goods and services rise 50%.
ReplyDeleteNot 50%
Delete100%!
This only applies to labor intensive industries like eating out. Most good an many services will not be effected in any significant manner since they pay above minimum wage.
DeleteIt will also hurt retail but a lot of people will just order online anyway and skip going out.
Its a great way to render a society null and void, when most people work at home, shop at home and rarely go out you don't have a society but hey, anything for cheap labor am I right?
I make just over $35 an hour fixing airplanes. It’s taken four & a half DECADES to get that. Some punk ass, newly licensed kid right outta wrench school is gonna start at 25 and they don’t know jack shit about nuthin. Just enough to pass the tests and be able to kill someone. Disgruntled is an understatement.
ReplyDeleteI feel your pain, Bro. I retired 20 years ago after running (and being able to troubleshoot/work on) very technical logging machinery. If a $15/hour wage becomes law, every kid starting a job at a fast food joint in America will be making more per hour than I ever did in my working career.
DeleteI am a certified diesel tech, with several ASE,608, and 609 certifications, plus a 30 year track record. I also am able to speak computer something a lot of my contemporary's never picked up. I make just under 27$ per hour.
DeleteIf minimum wage jumps to 15$ for no skill set, my wages will not be increased proportionately so I will lose purchase power to unskilled labor.
The minimum wage is not intended to support a family, nor is it anything but a starting point. The losers who demand higher wages don't bring anything more to the table, and should sharpen their skill sets rather than demand extra money for nothing.
$15 an hour, then no more tipping from me.
ReplyDeleteTo repeat, ad nauseum...
ReplyDeleteThe minimum wage, always and everywhere, is zero.
I am guessing you don't want family formation than. If people live in cities and 80% of people do and wages don't go up at every level than they stop having babies.
DeleteThat awful $15 an hour is in most cities adjusted for inflation what it was in the 60's . Its not much but Our I got mind, cheap labor or bust crab pot mentality means everyone has lower wages than they should.
This is been going on in the US since 1973 and its now in every country with enough development for roughly color TV in every home.
So if you are thinking about immigration to solve the problem, it won't work unless Africans and Muslims appeal to you and note those groups are starting on the path to low fertility. California will almost certainly be be older than Florida in less than 10 years
Ultimately wages will go up no matter what as less workers are being born every year. And yes eventually they will go down too as there will also be fewer consumers but that is a few decades off.
So pay or do without consumers. Choose wisely.
Zactly Roy, and at 15 an hour 40 a week 52 weeks is 31,200. Compare that to where the goobermint says the poverty pay line is.
DeleteProblem is obama care caused employers to put workers below 40 hours for IRS purposes. This and all the comments above are a feature not a bug.
WTF are you talking about, AB Prosper.
Delete"Its not much but Our I got mind, cheap labor or bust crab pot mentality..."
Does that even make sense? Is English a language you even know?
Hey, I know! Curb inflationary spending. Reduce taxes. The people would then have more money in their pockets and that money would be worth more (instead of worthless).
ReplyDeleteBut no, that's racist and wrongthink. Such nonsense as lowering taxes is kryptonite to the socialists.
Escalations in minimum wages only serve to devalue the wages of other people in the workforce, when prices must be raised to compensate for increased labor costs.
ReplyDeletetallowpot
Wage inflation. Price inflation. Inflation is a hidden tax. Politicians don't care cause it's hidden and stoopid people don't get it.
ReplyDeletePoor and retired people hardest hit.
I, for one, look forward to dying in a ditch surrounded by hot brass and dead Citiots...
ReplyDeleteYou are NOT alone friend.
DeleteBert
Boy, what a bunch of great comments posted here.
ReplyDeleteKenny's readers are the best.
That includes you Elmo
DeleteUsed to be a factory manager, we had a union job that required a person sit in a chair and place a sticker with a code on the product we made for that run. The president of the business would visit and give us shit about a guy sitting in a chair with a bad attitude getting top pay (this was 2002). We could not justify the cost if a robot and the supporting equipment. I did the estimate myself. I'm long gone, but so is the job in todays $15/hr cost
ReplyDeleteWhy stop at just $15 an hour? That is only $2400.00 a month before taxes. It sounds like if they really wanted they could vote US all to be multi millionaire's by the end of the month. It also sounds so great and kind of them on the surface. Seems rather racist and greedy for the old white guys in power since they have yet to even consider it.
ReplyDeleteAlready addressed this in March. Nobody cares. It's not the debate people want apparently. https://thelibertycoalition.org/blog/2021/03/10/minimum-wage-maximum-insanity/
Delete