Last thread was deleted so, should the minimum wage be raised

>>727367276
minimum wage is $18 where I am

I think it should be higher though

>>727367276
it should be higher.

>>727367398
where are you at?

>>727367504
>>727367398
But economy

If it was raised to $15 I might not get full-time anymore and would end up making the same per pay period that I do now

>>727367504

yeah but then food and rent will be higher anyway so? you'd gain nothing.

Thanks for restarting. I typed an entire reply and the thread was pruned literally right after.

"It's really not hard to find a decent paying job if you have even the slightest bit of worth ethic and a skill. I'm a cook at Applebee's, sounds shitty, and yeah comparatively it is shitty. But I make that $15 an hour you fantasize about. I've bee with the company exactly 1 year. It was my first full service restaurant job. I've worked in delis and SnS and even Taco Bell. They hired me on at $11.50 and I about jumped at the offer, never having been paid more than $8.50 in previous jobs. I took the opportunity and used it to better myself. I started in dish, learned to work the whole line and eventually prep. They introduced the hand cut bullshit and I was the one chosen to go to the class. Now I'm a certified "neighborhood expert" meaning trainer and am being groomed for management, if I decide to accept. I work 35-45 hours a week and that $15 hour rate.

Because I used the opportunity presented I now have a second job at Texas Roadhouse, a new and thriving company. They hired me as a broil cook/ meat cutter at $13 an hour because I talked the game. It's been 3 months and I'm now at $14 am hour. I'm 23, and started in fast food making $7.75 like any of you crybaby libtards whining about not being able to live off a job for 15 year olds. Difference is I worked for what I believed I was worth, I didn't just demand it."

>>727367398
So you agree everyone's wages should increase in the same fashion or just unskilled, uneducated minimum wage earners?

>>727367721
Rent doesn't have to go up unless the building you live in has to maintain a staff. Prepared Food for sure would go up

>>727367771

if minimum wage raises, EVERY job should raise. case in point: my union fought for years to get us a better hourly wage with the state. They finally gave it to us and then immediately passed minimum wage hikes like 3 months later. so its like i didnt get a raise at all.

>>727367398
Wait, where the FUCK do you live?

I'm work in SF and minimum wage there is like $13/hr and that is the single most expensive place to live in the nation.

>>727367908

if minimum wage goes up then ALL costs go up. its the economy stupid.

>>727367276
That's what I don't get about these tards petitioning for more money. They'll just replace you with robots or migrant workers. Why not petition for cheaper goods and services in your area instead? doesn't really matter I guess, you ain't getting shit you peons

>>727367771
I believe the base level should be raised, and any wages below that new level. Wages above that point are at the discretion of the employer/employee.

It will lead to more people being at minimum wage, but they are all on a liveable wage. It doesn't remove quality of life, only adds to it.

>>727368013
not america ,but converted to USD

>>727367276
The should be no minimum, there should be no maximum. Why interfere with voluntary interaction?

>>727368072

yeah but if everyone is now making $x dollars guaranteed then stores and landlords will raise prices accordingly. they know you can afford more so they will demand more. just look at the whole fiasco with federal student loans and colleges.

What careers are in most demand?
>straight white 20 year old, no criminal record
>about to have AA degree
what do?

>>727367276
No way! If the working poor have more money they might use it to improve their lives! I say cut minimum wage in half. The obscenely wealthy deserve that money anyway.

>>727367981
Totally agree. Why should some shithead dropout all of a sudden make twice as much but my wage stays the same. I worked hard to put myself through school and I had to grind to get a decent job so why am I not being rewarded? It's idiocracy. The stupid people have exponentially multiplied and are now the majority

>>727367276
I don't think people who want to do nothing should be paid more. Get an education and you will get more money. Some dumb Chick who dropped out of school wants 15 bucks an hour because it's not fair that she gets paid so little? Fuck you, you say smelly cunt. Go back to school and better yourself. You're not getting 15 bucks an hour to fuck up my order at the drive thru, then sink up the neighborhood with your sink weed

>>727368227

manual labor careers. skilled shit not AA or BA jobs. Plumber/Carpenter/Electrician

>>727368014
My point is if you rent out a multifamily home, the house is built. There may be occasional maintenance fees but they wouldn't be that frequent and the people you hire to fix things make well over minimum wage

>>727368227
Management. Either in retail or service.

>>727367276
Get a trade skill you lazy fuck.
Sorry your gender studies degree doesn't mean fuck all in the real world.

I'm not sorry.

>>727368377

I don't think you understand where I'm coming from. If the average yearly wage in your area is $x and is raised to $y, landlords WILL adjust to get that extra money. Happens all the time

Can you mother fuckers stop raising the minimum raise please, prices just raise and you should have noticed this. Fuck off you bunch of retards who don't know how the economy work

>>727368478
Op here, never said i was or wasn't for it. I was just restarting the previous thread, learn reading comprehension.

>>727368479
Well that's why I'm an engineer and not a business man

>>727367276
>Work in warehouse for a small but fast growing company
>Warehouse employees get 15/h
>Some would quit for a cozy Jewel job that paid the same amount
>We would lose maybe 10% of the current work force
>Only people looking to specifically get into the field (Greenroofing) would ever consider working there
>Projects would slow or even cease if we don't have the manpower
>At a minimum the company would be hurt at most it wouldn't exist anymore

Admittedly it is unskilled labor, but it is physically intense and does require some knowledge on plants/machinery.

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>>727367276
No

I don't think you understand. Increasing the wage by more than double (current minimum wage in most states in 7.25) is going to increase COL as drastically effect inflation. It'll affect apartment rent increasing and the housing market being higher than what it is.

Seriously, small apartments can be rented for as little as 350-400 dollars a month. A cheap eco car will cost roughly 50 on insurance, ~80 dollars on gas, 100-150 ish on food, 80dollars for internet (basic cable is typically given with apartments but if not, who fucking cares when you have internet), ~25 dollars for a cheap phone.
That's 735 a month, and for shits, I'll round it to 800. Even at minimum of 7.25, that's livable. It's tight. But you can make it work if you don't blow your money on stupid shit you can't afford, like
>Muh gtx 1080Ti
>Muh Recaro seats in my Honda Civic

You can live MINIMALISTICALLY on MINIMUM wage. Connect the dots, faggot.

Stop being fucking awful with your money and being a lazy cunt, and you won't have money problems.


Let me put it this way, OP.
I JUST bought a house (I close in mid April) making 10.50 an hour, 80-85 hours every 2 weeks. I bring home about 700 dollars on the dime, and that's after claiming myself on my taxes.
I own a nice house, a used but nice Audi (2011 TT), I don't go hungry, I pay my bills on time, and I still have a margin to play/save with.

You have no excuse, other than wanted to be handed everything

That's odd, countries WITH NO MINIMUM WAGE:

Sweden
Denmark
Iceland
Norway
Switzerland

Are the same "socialistic" countries liberals use as examples in most of their arguments.

Liberals are morons.

Do you know what's going to happen when minimum wage increases to $15/hr? I'm going to walk in and take your job. You can't get "no onions" right, and you're crying for more money? No thanks. I'll work your shitty job, do a much better job than you, and have a ton less stress to deal with.

>>727367276
>last thread was deleted
as it fucking should have been. congratz anon, you've just admitted to spamming

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>>727367276
No it shouldn't.

we need to make our money worth something again, not continue to devalue it.

>>727367276
Minimum wage should be close to a liveable wage, which means from working a 40 hour job you should be able to afford rent/mortgage, a car, food and some minor entertainment.
In my area that's $1000 a month for rent, $80 in gas, $80 in car insurance, $100 for health insurance, $350 in food, $100 in utilities and $200 in entertainment, which comes out to $1910 after tax, which is roughly $2300 a month, or roughly 14.37 an hour.

So, probably somewhere near to that, at least in this area.

Some places rent is half that, so minimum wage there could be closer to $12

>>727369096

About half your country is non-white.

There is no way the USD will be valuable again.

Waiters and food joint workers dont do anything worth 20$/hour

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>>727368086
>The year is 2052
>World population: 11.3 billion
>Much of the coastal land of every sovereign nation lies about 25 feet below sea level
>After the initial deaths of roughly 400 million, populations have moved inward to the cities
>Overcrowding is rampant, disease has spread exponentially, famine is an ever present threat
>The rich have grown steadily richer, the environment has been razed in the name of affordable energy
>The air is thick with pollution and respiratory ailments are standard
>Life expectancy has fallen to 65
>Robber barons have automated 95% of menial jobs and 70% of skilled jobs
>Unemployment is at roughly 42% worldwide
>Inflation is at an all time high
>gasoline is $11.50 a gallon, the lowest it's been in the last decade since the middle east was glassed
>After fighting for a job in any kind of industry, you are offered a position in a cannery roughly 35 miles from your crowded tenement
>You, desperate for employment, accept the position
>The pay is $3.75 an hour. You have 75 hour work weeks, but are billed at 38
>If you attempt to negotiate, you will be immediately terminated with no further discussion
>Your family will starve

Fuck regulation.

>>727368924
>Last thread was deleted so, should the minimum wage be raised to $15?
pic not related

no where in this post did I state i was for or against anything. I'm not for raising the minimum wage, but why is it that the people most against this notion are the ones attacking the question the hardest. Calm down and learn 2 read cucks.

>>727368924
This.

>>727369285

but that won't happen because the second minimum wage goes up then costs will. You think Walmart is gonna pay $15 an hour for people and NOT raise prices on EVERYTHING?

>>727368924
Stop living in bumblefuck. You can't afford housing prices anywhere near a remotely interesting area.

>>727369285
>ME WANT MORE MUNKNEE FOR WORK!
>Ok anon, we'll pay you more despite your labor not being worth it
Cost of living increases
>ME WANT MORE MUNKNEE FOR WORK!
>Ok anon, we'll pay you more despite your labor not being worth it
Cost of living increases
>ME WANT MORE MUNKNEE FOR WORK!
>Ok anon, we'll pay you more despite your labor not being worth it
Cost of living increases
>ME WANT MORE MUNKNEE FOR WORK!
>Ok anon, we'll pay you more despite your labor not being worth it
Cost of living increases
>ME WANT MORE MUNKNEE FOR WORK!
>Ok anon, we'll pay you more despite your labor not being worth it
Cost of living increases

The entire idea is based on flawed logic.

The truth is that the more money a person makes, the more money that person tends to waste. In the end, it won't make any difference in their lives.. except a negative difference in that they'll waste the money on drugs, junk food, etc.

If they want better, they should have to earn better. Giving people something for nothing is why our country is going to shit.

Current generation is littered with entitled, ignorant, spoiled little dipshits that don't grow up, they grow out.

>>727369550
The relative price increase is something like 3 cents on each item sold per dollar they could pay every single worker after taxes.

They will raise prices, but much much more than that, and then claim "but your minimum wage laws!" and it's 101% bullshit.

Automation will replace most jobs anyway. Prepare for socialism.

>>727369584
I'm not going to feel sorry for an anon who doesn't want to either complete college or WORK for a higher position at their current job.

What do you want me to say?

Also, 10.50 an hour with 4k in my bank got me approved for up to 85,000 dollar house. my mortgage after insurance will be about 435 a month.

Again, work hard and get better with your money if you want to move out of your parents basement. I literally don't give two fucks for people who beg for money they don't earn.

>>727369584
>Expecting to live in good housing in a big city by the lake while working at mcdonalds

You may be the only resident of Bumblefuck

>>727368924
fucking bourg, pay the paper pusher at the top less so the labor workers at the bottom can get more.
>b-but muh capital
>muh influence over the lower class
Pay the workers what the work is worth, not what it's worth - capital.

>>727368924
Where the fuck is rent $350?
Rent is no less than $900 in the worst neighborhoods in Chicago.

>>727369688
That's assuming economics isn't fundamentally breaking as we get so insanely efficient at producing goods per capita. As production costs approach something close to zero, human labor value approaches zero as well, and our society is not set up to handle humans being literally worthless. I just hope our inevitable robot overlords will at least find us moderately interesting/entertaining and let us live.

>>727369818

Actually, prepare for a service-based economy (you know, the one the US has been working to transition to for, oh, I dunno.. 3+ decades now?).

There's a reason your factories are shuttering, your jobs are going overseas, etc. It's part of a plan by individuals who were smart enough to see what you're just now seeing, 40 years ago.

As computers do more, Americans will get lazier and lazier. They'll get unhealthier, and fatter, and be damn near immobilized by various ailments like diabetes.

Someone, who isn't a machine, will need to take care of all those useless, entitled, fat-fucks.

>>727369595
Maybe the one at the top should stop pretending to pay them and see how they like it on their income.

>>727370150
http://www.rent.com/illinois/chicago-apartments/cheap?WT.mc_id=23000

Your statement is false. Literally the first Google search for Chicago. First listed is 375. There you go, anon.

>>727370150
srs m8? I live in Chicago and if you want to live with the niggers in englewood you can find stuff around 500. That was just a quick internet search I'm sure you can find a roommate to share a studio for 250 or something. 900/month is a studio apartment in upscale neighborhoods.

>>727370036
Cheapest houses in my area are 300,000, and those are shitty, tiny houses.

I can't afford mortgage, I did some math out, assuming I could make painful cuts and I just can't. I guess I can quit my job, say goodbye to my family and try to find a random job in the middle of nowhere, but then I'd be in the middle of nowhere, and I'd want to kill myself because of how painfully 'murica people tend to be in those areas.

>>727367276
I'd say roughly $8.50 to $9.00. The economy can't currently handle it being higher than that. At the same time we need to increase union power

>>727367276
So you double the minimum wage for those in starting positions. Do you also double the wages for someone already making $15 hr.? Should the guy making $30K a year get bumped to $60K? $100 to $200K? $5 million to $10M?

>>727370241
If everyone is a fat fuck who is servicing them?
How do the fat fucks afford to be fat fucks and be serviced?

>>727370441

You live somewhere where the democrats control shit. Cali?

>>727370295
Found the Bernie guy. You reap what you sow.

>>727370443

many states and cities are already over that for minimum!

>>727370108
>Implying you know what I fucking do for a living

I work outside as a field supervisor in the heat all day long at a private golf course in the south east, and I still get paid dick.
Don't assume I'm some pencil pusher.

>>727370441

owning should be cheaper than renting on a monthly basis or you're doing it wrong.

>>727370443
You must live in somewhere bumblefucky. If you live within 2 hours of any major city come back after you've tried living off of $9 an hour for six months.

and shut the fuck up until you have.

>>727370411
Damn...

I'm not sure I'd ever be desperate enough to live in those neighborhoods, but you proved me wrong.
Good on you, /b/ro.

>>727370573
NY

>>727370665
>south

there's your problem. the south underpays EVERYONE

>>727367276
To fix America we just need to impose a cap on personal wealth and a giant tax on any traitorous expats.

All of the extra executive pay that they can no longer accept can be distributed to lower staff and would give a huge boost to the economy.

>>727369293
australia and canada have significantly higher percentage of whites and USD is worth 30% more than either and the top currencies in the world are from sand nigger countries

>>727367276
>ruining that poor girl's life because she didn't want to be a parent
That's dumb as fuck, do authorities really think she would know what to do if she wanted to get an abortion?

I say we should just link tax brackets to minimum wage, so that the maximum write-offs you can make are a ratio of minimum wage. Raise the minimum wage and raise the write offs. This would create a capitalistic clamoring to find out what the ideal minimum wage is.

Only issue is lobbyists would fight the tax law making this, not fiddle with minimum wage, because rich people are lazy.

>>727370241

There will be no reason to pay anyone for work that will be cheaper and more efficient once automated. That is the direction we have been moving toward. Nobody is going to pass up the chance to cut 90% of their workforce and gain 250% productivity. No human workforce can compete, no matter how little they are willing to earn.

>>727370598
>implying I'm even an Amerifat
The whole world and socialism doesn't run on your shitty political puppet show.

>>727370757
everything over the cap will just be shoveled into offshore accounts

>>727371023
But are you an Amerifat?

>>727370569

The same way they already do. Wealthy people don't actually do work, they invest what they already have in order to grow even more wealth.

>>727370569

Not everyone is useless. There will be exceptions.

As for expense, the US is migrating toward a socialist system. There's no avoiding it... in 20 years (max) your trucks and cars will be driven by machines, fast-food will be automated, wal-mart will only employ maintenance personnel, etc. Think of the industries that'll rattle: millions of jobs. Gone.

Agreements will be made. A portion of the earnings will become entitlements, checks every American receives simply for being American.

So why will some people still work, when they can sit on their asses and get a check for nothing? Because some people want more from life, some people have dignity and pride, some people aren't useless fucking fat pieces of shit.

First, 15 is too high, and ppl that want it are on drugs.

This story:

Hung out with the wrong crowd when i was in my teens, cant get a great job, have to work 2 lower tier jobs at 80 hours a week, having to take care of my father who cant take care of himself anymore, still making not enough to survive, after all bills are paid, not including food, leaves us with 350 a month for groceries and anything that might come up, car issues ect. If min wage was 10, it would make things better, but 15 is out of control.


Cost of living increases

>>727371006
Don't write machines off yet. Not maybe in the next 20 years, but the future of engineering, robotics and AI are totally unknown and potentially completely economics overhauling in 50-100 years.

>>727370932

You know nothing about economics. Stop.

>>727371204
The 15 is for the increasingly numerous areas that are prohibitively expensive to live in. 15 is probably too much for middle-of-nowhere middle-america.

>>727371206
I didn't write machines off. I'm saying that machines will replace 90% of the human workforce.

>>727367276
Sounds like what women do with all men

>>727371110
Straya cunt.

>>727371404
If you were aborted we wouldn't have to read your drivel.

>>727370441

And you wonder why Republican states are generally cheaper to live in than democratic states?

Taxes.
Can't live on what's around you? Blame your state politics. Not my fucking problem. Been trying to tell you liberal fucks for decades, but you don't listen. Then you'll just get higher wages, then once again, you'll be asking for 20 dollars an hour because the COL increased again. Go figure.

>>727371389
I think 90% is writing machines off. Seriously I think it's going to be 100% after enough time. Self driving cars is the next big thing. Doctors/laboratories datacenters that analyze transmitted data from a robot on the field are soon to come after. Creative fields aren't far out of the way either.

>>727371006

That's exactly what I'm saying, you numb motherfucker. The US will become socialist, whether Americans like it or not.

Entitlements. Monthly Checks of profit, shares for every American generated from automation.

In 30 years most Americans will be unemployed, living off of a monthly check. All Americans will be niggers.

Well, not all. Some people have pride, a desire for more, etc.

But most, no doubt.

You'll also have periodic events, probably biological, that'll trim the population. Slowly at first, then rapidly until it reaches a predetermined prime.

It's inevitable with automation. If all those illegal immigrants knew anything about tomorrow, they'd run like hell out of the US, not into it.

LOL at Spawn kill facebook post.

>>727371430
Australia doesn't even exist anymore, do you think I'm a fool?

>>727371559
>And you wonder why Republican states are generally cheaper to live in than democratic states

Supply and demand. The most expensive states are the most crowded.

>>727371559
Your lower taxes aren't possible without my federal contributions. You exist because my state pays more money to the feds than they receive. If that werent' the case, your taxes would have to be increased 10-15% or else shut-down of your dysfunctional government amenities.

Stop talking. You have such a puny view of things.

>>727367685

and working less... having more time to get a less shitty job, be a good citizen, spend time with family friends, or play vidja and get stoned.

Life isn't all about money young grasshopper.

>>727371859
Yes, you can't fool me with your foolery you fool.

>>727368014

All costs have already gone up.

>>727371787
You sound like an idiot. the initial premise is fine, but you take it to levels of stupidity that sean hannity would weep at.

>>727372080
I'll admit I've been bested, your tom foolery is simply too foolish for an oaf like me.

>>727372077
Studies show that working shorter work periods make you an overall more productive individual. You don't know what you're talking about.

http://www.economist.com/blogs/freeexchange/2014/12/working-hours

>>727367276
10 is a good minimum. I pay my mexican day workers 15 because they work their assess off and because I don't exploit people.

>>727372177

So imagine another outcome.

It's literally impossible.

Go ahead. Post your thoughts on what will become of the US when automation takes away 96% of jobs. If you won't accept 96%, then just accept "most".

I'll wait.

>>727371787

in 30 years we will have robots to do all the work, so why the fuck should we not get free money to live on? What the fuck, we make machines to make life easier. LEts all party while the robots work, who gives a fuck?

>>727372392
You literally just confirmed what he said, you're literally arguing his point.

>>727372439

You pay higher wages because you make considerably higher profits by employing illegals, which means you have significantly less overhead... ya dumb motherfucker.

I can't wait until fucks like you go to prison for selling our country out. I'll hunt you for free.

>>727372586
Well we all have to find a robot to service once a month or so to keep it working.

Shotgun on the sexbots.

>>727370411
$10 says anon gets shot his first week in that place.

>>727370675
Well obviously it needs to be higher for certain areas as the cost of living is astronomical but for the country as a whole I think that's a start.

If I remember correctly it should be set at roughly half the local median wage

>>727372704
How does he make a higher profit by hiring Messicans if he pays them 50% more?

>>727368927
you're a moron considering they do have minimum standards for pay

btw liberals have higher on avg ig

get recked

this is b8

>>727372586

There's nothing wrong with it, on paper. The problem is the effects, physically and mentally, on the populace at large.

It will be worse than war. Healthcare will not just go through the roof, it will go to the Moon.

And that's just healthcare.

Humans, for the most part, are lemmings. Most people are useless, zombie-like fuckwits who need a leader/master that gives them purpose.

Without that, psychological waves will wash across populations.. the effects will be horrific. Imagine an America where virtually everyone is a spoiled, psychopathic, ignorant, hateful fuckwit. Impoverished, violent, petty Ted Bundies. 100's of millions of them.

My issues with raising minimum wage

Minimum wage jobs aren't supposed to be careers. They're generally jobs that take no skills. When you work these jobs, you are a body. There is no value. Some people might deal with customers better, but you can easily be replaced.

If you're working an actual skilled job and get paid minimum wage, you're being taken advantage of by your job. You shouldn't be relying on the government to fix something you're allowing happening. Ask to be paid a market rate wage or just gtfo of there.

I feel the majority of people complaining live in the large expensive cities that require higher wages (NYC, LA, San Francisco, etc). The rest of the country, with reasonable costs of living, don't need as big a jump or any jump at all.

$15 for minimum wage would be ridiculous where I live. $15/hr is what people with little/some skilled experience in slightly dangerous fields get. There's no way in hell minimum wage workers deserve to be paid as them.

>>727368927
There is no general minimum wage, instead the companies sign agreements with the unions and these agreements set the minimum level depending on the employee's age and experience. For example, these are the current (February 2016) minimum levels for employees in hotels or restaurants: Age 17: 84,50 sek per hour ($9,94)

Not a single person arguing for lower minimum wage understands the economy

>>727373102

Profit is prior to expense. He's choosing his expense, after profit.

Why stop there, make it $50 an hour and we can all eat cotton candy and piss rainbow colored piss while flying on dragons.

>>727372465
Lets take this one step at a time.
Robots take over the transportation industry, no more truck drivers, no more cabs, no more anything in that realm. Roughly 4,600,000 people will be out of jobs. They will try to join other work forces, and there won't be capacity to handle them. There might be a slight boom in something, but it will be relatively small and shortlived. Unemployment rates will skyrocket, people will go on wellfare. All the meanwhile the rich people will be lobbying government to pay less money, increasing the tax burden on poorer individuals, straining them further economically. More people will be displaced as other job markets disappear to automation, more people leave the work force, less money in the government. Rich people will be greedy niggers and pay less and less, making more and more from robotics and threaten to make the government collapse.

Our government will collapse before rich people wisen up that they need to actually pay taxes. They will strangle us all, keeping their money to themselves as they recend into despotic mini-fortressess.

They could also collude and replace the government. I don't know what that would look like at all.

>>727367981
The only people who's wage should go down are the billionares who have literally more money than they could spend in a lifetime. I'm not even talking about "the one percent" I mean the top of the 1%, like the walton family

>>727368924
The real problem is fags like you live in backwater hillbillyville with lots of cheap rent and dumb jobs.

The majority of America lives in much more competitive states with much much higher rents. There are Google employees living out of their cars because the cheapest rent in Palo alto is $2000 a month, a shared house ~$1000 a month. The local fast food employees have an hour commute.

>>727372838
Robots will be made to service robots. You're not thinking this through.

>>727373246
minimum wage workers do deserve higher wages considering their pay generally doesn't increase and the currency inflates.
By the way, arguing for a raise or leaving the company for another usually causes companies to not want to higher and train workers, making it harder for newer workers to get better jobs.

Not to mention that people in lower positions are vital to stimulating the economy.

>>727373687
But robots, man.

>>727373522

It's as if you imagine business and government are two separate entities. You have to be joking.

Still, you got the greed right. That's where the population trimming events come into play.

Once, or twice, a year.. a "new strain of bird flu" or whatever they make will make it's rounds and wipe out 100's of thousands at a time. That's 100's of thousands less entitlements business (read: government) will have to dish out.

>>727367276
minimum wage has way more negatives than positives.

OP should research the topic and it's economic penalties.

Also, why are we wanting to make it more expensive for bottom tier workers to start when technology is on the verge of not needing them anymore, anyways?

>>727373522
>I don't know what that would look like at all.

A boot on the face of humanity, forever

Actually, we're getting close to the short story I once read where US rich holed up while aussies ( ? I think ) built an open system with AI referees and free exchange of ideas. Resources allocated by vote to projects, etc. It was interesting. Can't remember the name or title, if anyone could help on that.

>>727373959
That is your least realistic premise. Do you know how diseases work? They don't work any differently in modern day as opposed to theoretical futures.

Life is not a videogame, you can't just make a perfect disease. If you could, you could make a cure for everything.

>>727373737
>7373737
whoa dude

Well, it;s up to companies to desire well trained individuals over machines or have them work in tandem.

In Europe, you still companies focusing on high trained workers and it works well for their economy. Plus, the U.S. focuses more on services now and machines aren't able to fo those jobs . . . yet.

>>727373961
source? Most economists say the opposite

>>727374091
bump for interest

>>727373737
>trip 37s
checked

>>727367276
No

>>727372175
Take some high school macroecon or even a consumer ed. All costs will go up even more.

>>727372392
.

>>727367276
Should be raised to 5000$. per minute.

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No.

Yes, the minimum wage should be anchored to the price of one ounce of silver, like it used to be back in the 70s. This way the VALUE of the wage will hold steady, even if the dollar inflates.

Oh, btw, the price of silver is $18.35 right now.

>>727373282
Forced union. As if people can't negotiate for themselves. Now you have fixed wages, rather than a diversity based upon merit. Sweden really is the worst nation.

>>727369322
Is this all they taught you in public school? To be fucking afraid of everything and that only the gov't can save you?

Does the reality of their constantly failed predictions not sink through your skull?

If your highly esteemed algore was even partially correct, I'd be needing scuba gear and an ip68 computer to type this.

And ehrlich? Yeah, OK.

Sheesh...

>>727377302
You drew an awful lot of assumptions from a silly dystopian greentext I made while drunk as a lord.

And... Ehrlich? What? Ehrlichman? He hasn't been in office in nearly a decade.

What are you smoking, buddy? Tell me so I can avoid it. It doesn't seem to be doing you any favors.

If you need to talk it out, I'm here.

>>727367276
EMTs make about $15/hr. Does that make the work of a burger flipper on the same level of an EMT?
If the minimum wage were to be raised to $15/hr, there would be few if any EMTs. Why study your ass off, take the National Registry, learn to deal with hysteric mothers over the death of their children when you can make the same amount of money cleaning up a restaurant lobby from 9-5?

>>727378689
>hysterical*

All kidding aside, thank you for doing what you do. It's a rough gig.

>>727376405
The problem with that is that the price of precious metals often fluctuate and do not necessarily reflect the production of an individual business. For example, in 2013, there was a huge demand for silver, causing the PPO to skyrocket to $38. It fell shortly after.

I work at wal-mart and those corporate fucks pay me only 12.24 an hour. I asked for more and they cut my hours for 2 weeks. I decided to fuck those cracker motherfuckers. I take AT LEAST $1000 worth of merc out of there every week. I have a freezer full of steaks. I usually wear whatever clothes i want out of the store under my clothes. Fencing the loot is more probematic because thats how people get busted. So I just keep most stuff and enjoy my higher standard of living. I love wal-mart.

>>727367276
What Libtards dont get: The minimum wage is easily the most racist law in the US. Just look at which ppl cant find a job b/c of minimum wage: mostly blacks and hispanics.

>>727379172
>those cracker motherfuckers
Give the stolen merchandise back, Jamal

>>727378689
EMTs are not even worth $15. You guys are fat firemedic wannabes. Nobody listens to your reports. Go waste some elses time.

>>727379217
The democratic party has always been the party of racists and slave-owners, so no surprise there.

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>>727379698
delet this

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>>727367276

My take on it is this; if the min-wage were to be raised it would hurt for a short period of time before it started recirculating. The working-poor don't tend to hoard their earnings away as much as the upper crust does. What else are we to do with our new found income besides spend it on things that we have been needing. And of course things that we didn't need. And now we can put a better portion away for "retirement" etc etc . Every argument against raising is simply self interest to keep the money at the top. Many billionaires have even come stating that.

>Inflation
>Prices goes up
>Wages stay
>People no monies
>People no spend
>Companies no get money
>Companies raise price to compensate
or
>Wages go up
>People have monies
>People spend
>Companies get monies

>>727380072
That sounds like Keynesianism for retarded ppl

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If min wage is raised there would be more money in the economy meaning inflation. In Arizona they've raised it and because of that a lot of services from fast food to hair cuts have raised there prices from as low as 25 cents and even more than a dollar. People generally make the same they did before the increase, notably teachers whom already face a teacher shortage are now making the same money for less the buying power of a dollar. All the increase does is make everyone else making more comparatively make less.

>>727379217
and anybody with a Felony or a stack of minor misdemeanors

>>727380649
Oh and forgot to mention firms that pay minimum wage hire less people.

>>727380230

this "Keynesian" dart is as played out as 'Working Man' by Rush on a local classic rock station in Pittsburg, PA.

There is no hocus-pocus behind the theory. Poor people want and need things. What is the saying? Takes money to make money?

>>727381022
Ok, then why stop at 15$? Lets make it 150, or even better, 1500$! The economy would boom like never before right?

>>727367765
Oh hey mee too, Im salary paid general manager at a store I worked at the bottom from. I came to work early everyday, never made a mistake in my requesting off. I kept the kitchen clean whenever the free time arose, I learned prepwork from noodles and company expirience, so it gave me an edge. I went from a pizza maker, to prep cook, to shift supervisor to general manager and i started in November. Its a fucking wild ride, but im 24 now, and i feel sooooo lost, but i seem to do alright. Its a strange feeling to feel financially secure for a little bit.

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snap chaty .me
>leak ex gf and win

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snap chaty .me
>leak ex gf and win

maximum wage should be 15/hr, everything else is taxed to fund nuclear weapons and shoddy AI

Keynesianism worked. We abandoned keynesianism in the 1970s. If you want to blame anyone, blame alan greenspan

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holy fuck ignore this thread and check out snap chaty .me right now

>>727367276
Is this loli or a real girl? http://neetpussy.com

>>727383608
If you ever read Keynes and know what happend in the 70s/80s, you wouldnt say that. There is a reason for the neoclassical syntheses, you know? And the reason is that reality proved Keynes wrong on his main points...

>>727384304
Youre 100% wrong. we stopped the counter-cyclical saving and focused on spending which is anti-keynesian. Only after we adopted monetarism did the boom/bust cycle resume at a depth and frequency of pre-depression rates

>>727369322
THE FUTURE

I feel bad for our kids /b/ros. Not that very many of you autistic fucks will actually produce children but still, the rich will get richer and the poor will get poorer. The small children being raised now and the children yet to be born will be totally boned by this world the rich is building

>>727384766
Nice, we got someone who is clearly more knowledgeable as most economists in the 70s/80s.
Also, that must be why the savings rate went down from about 15% 1975 to under 5% 2000. (http://www.tradingeconomics.com/united-states/personal-savings). And I would be really interested from what you draw the conclusion that there was counter-cyclical saving before the 70s.

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>>727367276
>Minimum wage increase
>Causes tax increase
>$2 McGang Bang now is $3.45 price
increasing minumum wage to help low income persons is counter intuitive
>Increases GST to everything at Wal-Mart

>>727370992
abortion is okay. giving birth and than killing the baby is another thing. it's called murder anon....

>>727385802
babies are useless parasitic piles of flesh. they aren't even people until their first memories. i could've been aborted anywhere before age 1 and literally not been capable of giving a fuck.

>>727367276
you say not related, but it kinda is

>>727385652
Forgot to mention increase minimum wage the companies need to get the money to afford the minimum wage
>Money comes from bank
>Banks get money from bonds
>Bonds are made by the fed reserves
Money doesnt come from nothing anon and if it did then inflation could happen then a second great deppression

>>727367771
shut up nigger

>>727368018
look at this fucking retard thinking petitions do anything

how's that second year of liberal arts college going? have fun paying off the loans and holding out for that six-figure job in the burgeoning women's studies industry until you die

>>727380072
lemme fix that for you faggot

>wages go up
>inflation
>people no monies
>people no spend
>companies no get money
>companies continue to raise price cause fuck the poor guy

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>>727367276
yes

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>>727386343
>derp

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>>727386343

>>727386373
That must be why they elected Trump after electing the Democrats every time since 1976, right?

>>727368924
>$100- $150 on food
I mean yes it is doable cause I've done it. But get ready for $5 bags of 10lb rice and low quality canned vegetables with almost exclusively poultry (chicken and eggs) oh and like beans etc.

Think about it this way.
If you have $300 a month for food, imagine about 30 days in a month

So roughly $10 a day to feed yourself
> $3.33 a meal
>for every meal
That's still even at $300 so like twice your range

>>727385982
this guy obviously has no kids or understands the purpose.

im sure you wont cause you're mentally fucked, but do the world a favor and dont have kids while you have that mentality

>>727386477
I just don't get why then we should stop at such a low minimum wage...we should raise it to at least 200$/hour -> economic boom inc.

>>727386743
If you had to choose between having your hypothetical 10 year old daughter murdered or your hypothetical newborn twins murdered, which would you choose?

>>727386477
Fact: You're a complete fucking retard.

How about making minimum wage $100 an hour then asshole?

Anyone who claims minimum wage doesn't cut jobs is a god damn retard. There's obviously a sweet spot. Rather than letting emotions or fucktards make uninformed guesses, such a number should be determined through analysis and testing.

Also of course small businesses are the first to die any detrimental overarching action applied to a pool of subjects will always harm the least able to adapt.

>>727386477
oh,


a non sourced image displaying "FACTS"

>EVERYTHING ON THE INTERWEB MUST BE TRUEEEEEEE

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>>727386727
>they

It's going to ruin the economy. There are some jobs that just arent worth more than minimum. In cities it would adjust and price for food and living would go up. [Inflation]. But in small towns small businesses would go out of business. It also further cuts out the need to get an education. Right now a hs dropout with a little expierience can get 15 an hour. Just my 2 cents

>>727386577

You understand that if those people didn't have those jobs, they'd make even less right retard?

Mandating a higher minimum wage will just result in people being replaced with automation.

>>727386577

LOOK!

another "fact" filled non sourced image.

you think raising min wage to 15 would stop welfare? what happens when inflation causes your eight 24 packs of mountain dew you buy each month with food stamps to jump 9 dollars per case?

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>>727387142
see
>>727387082

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sad that most of you arguing not to raise the minimum wager are closer to the guy on the left.

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Another minimum wage supporter.

>>727387342
So... are you arguing for or against minimum wage here :^)

Where do you live where apartments are 350 dollars a month? I wish. That would solve everything. Cheapest studio apartments where I live are 650 dollars a month not including utilities. And those are generally shitty roach infested buildings. The cost of rent really is the issue. The government needs to invest in lots of low income housing.

>>727386848
neither you fucking faggot. i guess your kissless virgin self will really never understand.

I have a son who will be 3 in august. a roodypoo like yourself would never understand that the drive to live my daily life comes from that tiny human i single handily raise.

>>727378192
>spouts brainwashed nonsense
>doesn't even realize that one of its many failed apostles is paul ehrlich
Jesus H Christ, there is literally no hope for the future.

>>727387277
as if international banksters have a party affiliation

>>727387342
The greatest man who ever lived. He fought to stop the shit that's going on in our countries now.

>>727387485
>implying neither is an option in that hypothetical scenario
>hypothetical murderer kills all your hypothetical children
>you're so hypothetically distraught you hypothetically kys

>>727387207
moar nonsense???????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????

>>727367685
So the potential app earn to up your hours where it wasn't possible before.
>your destiny is minimum wage

>>727387425
For, as long as it is above 100$/hour.

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>>727387618

>>727387616
you brought up hypothetical bullshit so you might want to go ahead and turn that gun on yourself faggot. hypothetically of course
not really faggot, please kys

Minimum wage is one of those things which It wouldn't support even if I was liberal because it destroys all jobs who produce less value than that of the minimum wage, that is, hurting poor people. Minimum wage is more about economic illiteracy than it is about economical "justice" .

>>727368302
>hard
>school

>>727387207
Ya gotta blame the non whites flooding into our country for that. Am I right folks?

>>727387795
source?

>>727386373
>Raises taxes on the rich to boost education funding.
I don't know about Minnesota, but in California spending on education is already ludicrously high. The problem isn't supply, it's what the money is spent on. If Minnesota solved their education problem with taxes, great, but you don't even mention it.

>Raises the minimum wage
Every state raises its minimum wage. This doesn't even mean anything.

>Signs an equal pay law.
OK I take the last one back, it meant very little. THIS doesn't mean anything. The wage gap is a lie.

>State becomes the 5th fastest growing economy.
What was it "before"? What kind of time frame are we talking about here?

Here's an article from last year, Minnesota isn't even top 10.

http://www.huffingtonpost.com/entry/states-fastest-growing-economies_us_576449abe4b0853f8bf0ce6e


>Budget became a surplus
You mean raising taxes increased how much money the state had? It still has a debt.

>Economic confidence.
Magical thinking.

This whole thing is literally a string of non-sequitur bullshit. Nothing is even remotely related except taxes= more money, at least short term. And some vague references to utterly meaningless things like surplus, confidence" and boasts devoid of context.

Minnesota's entire population is about 1/8 of California. Basically just L.A. It is certainly subject to wild shifts. If a few thousand people moved into the state it would completely account for everything mentioned positive and have literally nothing to do with the governor.

>>727387800
Sure.
Of course I would hypothetically choose to have my hypothetical newborn twins killed over my hypothetical 10 year old daughter. I wouldn't have to hear her hypothetical screams of pain and witness the hypothetical suffering of a conscious being with years of memories and experience. I wouldn't have to live with memories of the hypothetical years I spent nurturing and caring for her carelessly thrown away by my hypothetical decision.

>>727369818
I think this is a fallacy. As automation increases, demand has risen significantly in my field for example.

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This.

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>>727387926
your mom

>I don't understand economics
>I can force by law other people to adopt the econ. sys. I think is better, even if they don't think so
>When we get all poor by my fault, I can still raise their taxes

Democracy on century XXI

>>727369285
$200 a month for "entertainment"?

The fuck is wrong with these juvenile jackasses? At what point did you assume your employer had any responsibility to keep you "entertained" on the weekends? Fuck outta here, nutjob.

>>727368924
what was the price on your home?

>>727387795
I'm pretty sure *we* don't raise wages of executives. They do that themselves. However *we*, as in the government if you may, could raise minimum wages of lowly paid jobs. Socialists can't get fucking anything right

>>727388210
Except: You wont have a job once the minimum wage is high enough.

>>727387652

THIS FUCKING MORON THO

>raise min wage
>burger at restaurant costs $18 instead of $7
>gym and yoga membership goes up $50 per month
>12 roses now costs $44.99 instead of $19.99

SMALL BUSINESS WILL NO PROFIT YOU MORON.

that restaurant you like to go to is a perfect example. raise the wage to 15 and the business has to pay 5 cooks 8 hours which would be $200+ more an hour. business aint gonna take a loss so you end up paying that cost moron in the form of your $18+ hamburger

>>727388147
confirmed for faggot.
>thanks for playing bitch

>>727374705
so what's your suggestion? kill off all of the fresh graduates that can't get a job in the field they studied for because of the increasing ridiculous requirements set by the beloved free market and have civilization as we know it collapse?

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Good intentions meet reality.

>>727367765
/thread

Only if we kill off everyone making more than a million a year

>>727373524
Billionaires earning wages lol its hilarious how ignorant you are. Rich people font need to work, they invest their capital in various enterprises then live off the interest generated by their portfolio. Guess where the money that fuels the majority of the economy comes from, hint it's not the middle or working class.

>>727388801
where exactly are you getting this non sourced garbage from? are you making these images up as you go along??

>>727388812
you cant /thread your own post faggot

>>727388877
considering billionaires lock their money up in foreign countries instead of putting it back into their economies it's not coming from them either

>>727388801
That's a correlation, not a causation. The unemployment could be caused by broader economic concerns, reduced need by teenagers to receive wages, or more strict hiring practices in the face of the increased wages.

>>727388923
As you obviously cant read: Source: BLS

>>727388801
So teenage unemployment went up 8%? Wow that settles it folks. Keep being slaving away for peanuts.

>>727367276
No
Here's my plan:
>first tax those who make 250,000 or more a year 35%
>tax those who make $1,000,000 or more 60%
>raise the minimum wage to $9.25
>EBT cards should only be used for boring, nutritious food, so if you welfare fucks want junk food, get a real fucking job. Stores that allow EBT cards have to put a bright label sticker on foods that pass WIC standards and those are the only ones those on welfare can purchase
>those who make under $30,000 pay no federal taxes period.

>>727389161
That being shouldn't be there.

>>727388540
That ignores demand.

If minimum wage goes up, and restaurants change their prices staggeringly to reflect that, then people won't buy their product.

This is an economic phenomenon called Elasticity of Demand.

https://en.wikipedia.org/wiki/Elasticity_(economics)

Unless all food everywhere goes up in price the exact same amount, then people will just gravitate to those businesses smart enough to keep their goods cheap. There might be a gradual price increase, sure, but it's not going to literally double overnight just because the very bottom wages doubled overnight.

Businesses would rather cut into their profits than completely fail to make a sale.

>>727367276
If it helps stop the demand for college I say do it.

>>727367276
Please god yes.
Minimum wage here in FL was raised by a nickel from 8.05 to 8.10 an hour.
Meanwhile the cheapest, most ghetto shitty dilapidated nigger apartments in my area are like 1250 a month.
People from those apartments come over to my neighborhood and break into cars and houses and shit, it's awful.
And I can't even afford to move out and live in their shithole.

>>727388998
Well, it could be just correlation (hard to prove causation). But put yourself in the position of an employer: Is it likely that you employ somebody with no or little qualification if he costs 20$+? Or is it more likely he finds employment if he only costs 7$???

>>727388972
Locking capital into a bank with low interest rates would be a waste. I'm sure most billionaires have a rainy day vault in Switzerland, but not investing their money means they are not generating new capital, which at these levels of finance is the same as flushing cash down the toilet.

>>727389161
https://www.youtube.com/watch?v=bobp5OHVsWY

>>727373524
Meh, fuck wal-smart... they are making too much off of the stupid useless cattle!

>>727389359
Depends on the value of the work. Filling out spreadsheets isn't hard or complicated, just laborious and tedious, but data entry typically makes almost $20 an hour.

Companies are constantly downsizing and staggering wages (bi-weekly pay wasn't a thing 20 years ago) and reducing benefits quality not because they're struggling to pay decent wages, but because they're trying to maximize profits.

For example: The 2015 Annual Report for Walmart Inc. cited 480 billion in sales, 220 billion in total costs and expenses, including company wages, expansion, taxes, depreciation of assets, distribution, etc. $260 billion in profit, and the starting salary in most states for a Walmart employee is a little over $8. The duties of a floor employee are sales, cleaning, stocking, customer service, security, and money-handling at a minimum. Does that seem fair?

>>727389154
can you link me to the actual article/ image on the bureau of labor statistics website?

or are you so simple to believe that any image that says "source: BLS" is to be fact?

If capitalism works how come putin is the richest man in the world and never had a real job?

>bootstraps 0
>assassination and corruption 100000

>>727389735
Im not that guy but even i know nobody asks for a source on 4chan unless theyre trying to disprove a single post and never ever reexamine their own opinions

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>>727388786
There are plenty of fields that have massive openings, a simple google search will show you this. Society doesn't have an obligation to cater to some "precious graduates" because they chose a career path with no future. That's why everyone thinks this young generation is full of entitled fucktards. There are plenty of chances for advancement in fields like construction, trades, mechanics etc., you faggots just don't want to do that shit or thinks it's below you for some reason and you choose some other dumbass degree that has no demand. Then you're magically surprised when you can't find an opening and no one's paying you 100k right out of class. Fucking idiots, honestly.

The market is a joke. If you arent committing crimes to make money youre a chump

>>727389958
Statistics aren't opinions though. If you don't actually have reputable, notaded sources to back up a claim about a given statistical issue, then you have to assume the thing is falsified for political reasons, whether they agree with your position or not.

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>>727367276
Minimum wage is approx $20 where I'm from.
Denmark.
I remember being shocked to hear people in the US needed more than one job to exist.

Pic unrelated.

>>727389964
and this is the problem, fuckheads with their heads way up their asses think this is actually true,

>>727389247
When did i say this would happen overnight???

I work in a restaurant/pie shop. my boss CONSTANTLY buys desert for idiot customers that complain about the stupidest shit. eating profits for customers right there.

i understand that inflation takes time but i guarantee that the old fucks that regularly come in will throw a fit and stop coming after their slice of french fucking silk pie has gone up in price by 60 cents in 8 months. thats only the beginning of inflation

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>>727367276

>>727389730
The question is not if it seems fair. The question is whether the minimum wage causes unemployment, which it almost certainly does.

>>727389964
These are lies, the market didnt have any demand for space exploration but we did it because we were able, and we wanted to expand our understanding of the universe. Its society's responsibility to provide for the general welfare of the people because if people have to compete it corrodes society. The economy exists to serve society and not the other way around, no matter how many sociopaths and predators cry "no"

>>727390013
True, and if you're not commiting crimes for an income you better be a welfare bum. Only an absolute fool would work 40 hours a week for the shitty wages being offered.

>>727390187
Who cares, just fix the infrastructure to improve employment during the bust portion of the economic cycle

>>727389958

>(everything on the internet is true)

>>727390035
at least you get it anon

>>727390119
Explain how it's NOT true exactly? You were literally just whining about requirements to get a fucking job. At what point did you think it was the employer's responsibility to lower their standards for hiring instead of you, you know, actually working to make yourself qualified for the fucking position you want like an actual adult? The only person with their head up their ass is you clearly. Let's just lower the standards for doctors and surgeons next. Lawyers too. Fuck it, let's lower the standards for bus drivers to carry around kids every day too. Surely that will work out, right? You're an idiot who wants to point the finger at "the big bad rich boogeyman" instead of taking personal responsibility for your own poor life choices. Grow the fuck up already and work for what you want. It's really that simple.

>>727368927
But that's wrong mate. Minimum wage in Denmark is approx. $20.

Wages are supposed to assure that everybody has a home, has food and clothing I shan't lack anything basic. Which also accounts for low crime rates. Do read up on stuff before posting.

>>727390159
You're losing money on pie?

50 pence worth of ingredients, and 30 minutes in the oven for a £3 SLICE sounds like quite the profit margin.

>>727390172
Lol I was in that thread earlier. Stop wasting your time with scammers.

>>727367276
>Short answer
No
>Long answer
Yes wages need to mirror cost of living increases but the thing is, the COL is what needs to go down. As things stand, the transportation and creation of goods is far easier in this new age and the increase in price is simply to gain ever larger profit margins over taxes along with the creation cost. You can't chock everything up to R&D when you aren't producing results.

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>>727390226
>"competition corrodes society"
>talks about the space program to try and validate their position

You really are fucking stupid, aren't you? It's amazing you'd even bring up the space program because it was literally one of the most competitive ordeals in human history that lead to our knowledge and innovation of space and technology today. Then, in the very next sentence, you're whining about how competition is bad for society. You're so fucking retarded you don't even know what you believe or why you believe it, just sounds like you're regurgitating stupid bullshit from some nu-commie community college professor. You're clearly not educated in the slightest so you should stop trying to pretend that you are.

>>727368927
I'd trade US minimum wage for the famous Scananavian social safety net, we'd all be better off

>>727390305
If somebody already tells them the source (which should be done if one is to prove a point), shouldnt it be the task for the guy wanting to disprove the point to look up the data (which is openly accessable) and see if there is anything wrong? That shouldnt be too much to ask for, right?

>>727390312
bring on UBI and the robot revolution. (as long as UBI requires forced sterilization)

no it should not be 15 it should not even be as high as it is

>>727388877
Wealth absolutely comes from the working class. If every worker in the world went on strike today, the economy would grind to a halt, and the billionaires would be begging for us to go back to work to fill their pockets.

>>727390467
haha okay there guy, enjoy your trade wars blossoming into nuclear wars

I bet you think it would be good for the economy if everybody died

>>727390318
sorry, i dont speak euro-trash

>>727390624
nuh uh i know for a fact that donald trump handcut every single shitty trump steak

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>>727390647
No, I just pointed out how you clearly contradicted yourself in less than 3 sentences. Tuck your boogeyman fairy tales back in your pocket, kid, you just look stupid trying to save face with that weak bullshit when you've already proven yourself to be a complete moron.

>>727390772
fuck you bugz

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>>727367276
>>727367605
>>727367685
>>727367721
>>727368014
>>727368478
>>727368924
>>727369595
>>727369818
>>727370053

>BUT CHEEZ BURGRS'LL COST $999999

It's well known how minuscule the price increases would have to be for various businesses to make up their employee's new wages.
There have been plenty of minimum wage increases all across the U.S. however, but they show no correlation to an increase in inflation.

>THEY TOOK ER JABBBZ!!!

The hypothetical and overused supply and demand argument doesn't account for the increased economic activity caused by more consumer spending.
It's not enough to just throw this talking point around all the time, minimum wage increases in the U.S. actually have to cause more unemployment in real life before I can take you seriously.

>DEN THEYL HIRE ROBOBAWTS

Jobs have always been taken by robots. Maybe if we made the minimum wage small enough there'd be more people scrubbing your windshield with a dirty sponge for 10 cents as opposed to there being carwashes, but whether we keep increasing it or let wages stay stagnant, the service sector is coming for our labor. It's bad for people to lose their jobs, but we'll all be better off because of it once time passes and the economy readjusts to the change.

>>727390772
nope, you're just ignorant. we didnt have to put billions into spaceflight, we did it to better ourselves for future generations you unkempt cynic

>>727390187
Seems to me like if you have a cap on a company's ability to hold liquid capital based on the number of employees, then anything exceeding that cap would automatically either get routed back into the business itself to expand employment opportunities (lowers unemployment) or to increasing wages/offering bonuses/offering benefits.

So if a company has 50 or fewer employees, cap at $10 million in liquid assets.

If a company has less than 100 but more than 50 employees, cap at $50 million in liquid assets.

If a company has less than 1000 employees, cap at $500 million in liquid assets.

If a company has less than 10000 employees, cap at $50 billion in liquid assets.

If a company has less than 100000 employees, cap at $100 billion in liquid assets.

If a company has more than 100000 employees, cap at $150 billion in liquid assets.

Walmart has about 2.1 million employees, making on average about $25000 per year. How much would their wages go up, per person, if ~100 billion of the company's profits were reinvested into the people that support the company?

Assuming it was divided evenly, it would be about $40,000 to every employee every year.

>>727390844
MY BOSS SAID HE WOULD HAVE TO INCREASE THE PRICE OF EVERY SINGLE DINNER BY AN ENTIRE FUCKING DOLLAR I KNOW IT DOESNT SOUND LIKE MUCH BUT TO A CUSTOMER ITS FUCKING HUGE THAT IS NOT A MINUSCULE PRICE INCREASE iu work min wage and i do not want it to go any higher they only want it higher so they can put everyone in a much higher tax bracket and make us all buy health insurance rather we like it or not

dont be a daft cuint

>>727390657
Translated by an american:
$1 in ingredients, $5 per slice (I assume it would be 8 slices per pie?)

That's a profit margin of (assuming every slice sold) 4000%

>>727390844
>It's well known how minuscule the price increases would have to be for various businesses to make up their employee's new wages.
There have been plenty of minimum wage increases all across the U.S. however, but they show no correlation to an increase in inflation.

Even a $5 increase would sink most mom & pop restaurants. Paying 10 employees $5 more per hour for a 10 hour work day equates to paying out $500 more PER DAY. That's $15,000 PER MONTH which is $180,000 PER YEAR. Do you know how many small businesses with 10 or more employees would go out of business?

Learn to math, retard.

>>727390533
NOPE.

If the guy readily providing this "proof" regarding the matter at hand cannot actually link his image to the actual proof, his credibility is shit.

In the world we live in now, Anybody can create an image and cite whatever the fuck they want as proof. Got a facebook anon? That should be a prime example...

the whole discussion is so lame.

There are a group of ppl which claims that a low minimum wage is immoral/unfair, but they just dont realize that a mimum wage leads to unemployment, especially for those ppl they are trying to help.

Fuck your morals, and try to understand economics. Morons.

>>727390999
just tax capital gains like wages and we can afford to give basic minimum income and if companies price-gouge we seize their assets

We need to start policing our economy better. Start using the NSA/FBI to investigate dangerous corporations and use drone strikes to combat corrupt executives, shareholders and politicians

>>727391174
keynesianism used to fix this, but we abandoned keynesianism in the 1970s, right before the savings and loan bust & scandal

>>727391112
Then just make minimum wage at a given establishment commensurate with the number of employees. Easy.

If you have a small team of employees, and you value their work, pay them decently but not so much that you can't grow.

The problem with minimum wage isn't when a small family owned business is shitting on their employees, it's when a giant megolith of a company is shitting on their employees. If you have a company with 150,000 minimum wage workers that you COULD be paying more (because you have the resources to hire 150,000 people, you're probably rolling in money) but don't in order to offer higher executive benefits and shareholder payouts, then you become a problem for the entire economy.

>>727391212
Why would politicians allow that when those corporations are the ones lining their pockets?

This is the fucking problem with capitalism. The people who have money hold all the power. Everyone else can get fucked.

>>727391022
you cant do math can you...

>>727391112
Small businesses get all kinds of new business whenever minimum wage is raised. And they don't have to come up with all that new money all at once.
As the minimum wage gradually increases, so does the ability of of restaurants to cover the checks.

>>727391307
sorry, but in order to fight the transnats some mom and pops willget caught in the crossfire. Instead of fighting against minimum wages you fight for better subsidies for mom & pops?

>>727367765
You're not accounting for complications that impair productivity, and you're assuming people are all starting from scratch. The thing you're pounding your chest about now is an entry level cook job you got as an 18 year old. That's not gonna help a 40 year old family man who's lost his job and is back on the market.

You also seem to assume that poverty is a choice. People generally don't choose to be poor. They might not be on their A game but there's usually a reason, injury or depression are pretty common causes. You can jump up and down about how that's their loss and not your problem, or about how being as fantastic as you are you're convinced that if -you- were stricken with mental issues you could just sweep it aside with the raw weight of your powerful ego. Fact is at the end of the day you can either embrace the fallout of these problems, or you can address the productivity issue and try to actually remove the problem. Before you start blowing the alt-right airhorn about how that's liberal sympathy, there's a difference between a donation and an investment. An investment implies a return. Getting these people in ship shape is plainly the most profitable course of action.

>>727391342
Fine, 3900% you fuckin stickler.
$1 to make, $40 sale.

Selling the entire thing for $2 would be a 100% profit margin. Extrapolate from there.

>>727391332
Seriously, I hate it when people say UBI will fix everything, the capitalists will never let it happen. The only way we can fix all this bullshit is to overthrow the government, in every country, and take the economy and the government for ourselves. That's the only way humanity's needs will ever be met.

PPP PRODUCT PURCHASING POWER, LOK IT UP, COMPARE TO OTHERN COUNTRIES

A $15 MINIMUM WAGE US IS OMPARABLE TO A $24 AU MIN WAGE, IF THIS HAPPEND, OBVIOUSLY JOBS WOULD BE GOING OVERSEAS AND REPLACED BY ROBOTS IN NO TIME, THE EXACT SAME IS TRUE FOR CALI, AND CALI ALONE WOULD DESTROY THE US DOLLAR VALUE OF THE ENTIRE COUNTRY.

>>727391332
Vote for crazy radicals who arent charicatures of Mr. Burns maybe

They should just come up with laws about how big the discrepancy between the highest paid worker in a company compared to the lowest payed workers in a company can be. Seems a little disgusting to me that CEOs are making a thousand times more money an hour than their lowest paid workers.

7.50 an hour feels bad man

>>727390908
We didn't start (and sure as fuck didn't continue) the space program out of some philanthropic "good-of-the-people" bullshit. We spent billions on the space program because we wanted to make it to the moon before the Russians and vice versa, literal competition. Again, you're talking out of both sides of your mouth and you need to crack open a fucking history book sometime so you don't make yourself look like an enormous faggot with your idiocy. Ffs they are filling kids' heads with literal shit these days in public school it seems. It was called the "space race" for a reason you fucking mook, because it was precisely competitive and if you're trying to argue against that competition, you're also arguing against the innovation and progress that occurred as a result of the aforementioned competition. This why no one takes you socialist wannabe faggots seriously because you claim to be educated but don't simple concepts like competition and the prospect of massive rewards (capitalism) is precisely what drives innovation and progress. Take that away and they both grind to a halt. Check out literally any entry-level econ book after you read up on history, dumbass.

I hope all these bootlicks have the same conversation about real wages and inflation when they're being led to the guillotine... FREE OF CHARGE

also minimum being 7.25 where I live sure hasn't reduced prices at all.

>>727391307
>Then just make minimum wage at a given establishment commensurate with the number of employees. Easy.

Holy shit are you fucking retarded? If that's the case then it isn't a "minimum wage."

>If you have a small team of employees, and you value their work, pay them decently but not so much that you can't grow.

You are aware that building a satellite telescope and plucking chicken feathers on a Tyson's conveyor belt are different fucking jobs right? One requires years of specialized study and practice, and the other one requires that you have functioning hands. You pay one person six figures, and you pay the other person as low as you possibly can because a retard such as yourself could do the job.

You pay people what they are worth, if they are worth more to your company then you pay them more and vice versa, it's all really very simple.

>The problem with minimum wage isn't when a small family owned business is shitting on their employees, it's when a giant megolith of a company is shitting on their employees.

A big company is just a large small company. What's your fucking point? Who gets to decide when a company has to pay their employees more... you?

>If you have a company with 150,000 minimum wage workers that you COULD be paying more (because you have the resources to hire 150,000 people, you're probably rolling in money) but don't in order to offer higher executive benefits and shareholder payouts, then you become a problem for the entire economy.

Ok so you're saying if you can pay more than you should pay more. Well, assuming you're in America or Europe, you have thousands of times more resources then some kid in a third world shit hole. I suggest you donate everything you don't need to live to save their lives, otherwise you're a piece of shit according to your own logic.

>>727391720
But but but muh supply and demand! muh rational actors

>>727391380

You're retarded. I am giving you honest advice: never start your own business as you will fail horribly.

Who /socialist/ here?

>>727391380
Small businesses aren't the problem.

The problem is massive corporations who want 1000% profits and squeeze every last fucking penny out of their employees and customers.

They're the ones with the power to buy politicians. Small businesses can't do shit. So long as we continue to allow corporations to control our government, which is essentially what a capitalist society is in the first place, these issues will never go away.

>>727391539
As this anon says, UBI will NEVER happen. It simply won't. The people in power don't give a shit about us. And with robots taking over so many jobs soon, they aren't even going to need to appease us.

>>727391574
I didn't vote for Trump, if that's what you're implying.

>>727391812
i'm a trot

>>727391650
It was throwing money into a sinkhole not "economic competition."

There was some small return on investment, sure, with the technological innovations, but for the $20 billion we sunk into the apollo mission we didn't get any of that back for having landed on the moon. Russia didn't cut us a check, an insane billionaire didn't open his vault of gold.

All of the money that went into the "space race" was literally flushed down the toilet, economically speaking.

>>727391856
Same here, involved with any parties? I was involved with the Socialist Equality Party but I sort of broke away from them over a few stances they have.

>>727391834
>Small businesses aren't the problem.

Are you a fucking dunce? The point of the minimum wage debate is that if your raise it on corporations you raise it on small businesses and sink them in the process. Wow.

>>727391922
My nigga i have split over a dozen parties just in the last two months

>>727391756
>wow all that red herring

Please just raise the minimum wage to at least 100$/hour. The resulting economic disaster will close the debate for at least the next 50 years.

But buhuhuhu...morals, unfair, whatever. Stop crying morons.

>>727391650
Yeah competition between countries who were in the middle of a cold war. You're advocating for a civil war in our country where we pit everyone against everyone and whoevers not lucky can just die.

>>727391974
Corporations are small businesses, according to US law

How about changing those laws so we can protect actual small business

>>727391112
If a 5$ increase would sink your restaurant, you have much bigger problems. The business is already failing and is clearly too close to the edge for you to be taking on more payroll employees than you can afford. Yes, if you allow them to transfer this burden onto their employees and allow a consensus on slashing salaries, sure they can hire a greater volume. They could hire an even greater volume if you allowed them to establish a $1.15/hr market norm. However I feel like this isn't how you see this playing out. The reason I see you sophie's choicing ethnicities is because you're convinced your wages will rise after you thin out the numbers. I'm gonna need you to pick a lane.

>>727392110
i'm for anything you hate and against anything you like

>>727391342
right-o faggot. our apple pie costs $7 to make and we sell it for $10.99 whole and $2.99 a slice (6 slices). 4 customers complain about their pie after they eat their meal and the pie. how much money is lost giving them each another slice? how much more money is lost when the manager comps their meal cause they are whiny bitches and threaten to complain to the regional manager (who just gives out free meal and pie coups to calm autistic faggots).

you dont even know how to bake a fucking pie let alone run a business. so do yourself a favor and piss off bitch

>>727391756

see
>>727390931

Large businesses have the capital and pull to effect the broader economy and the political landscape. They have literally nothing in common with "small businesses" except that they are both called "businesses."

If you are actually comparing a lemonade stand to the Coca Cola company, then there is something seriously wrong with your mind.

>>727392190
I am not your dad. Your tantrum does not affect me nor will I help you after it leaves you fiscally barren.

>>727391974
Minimum wage increases will just cause EVERY business to either cut their employees, or reprice their merchandise, or both.

Small businesses or no exception. If minimum wage increases sink your business, your business was either already going under or you're a bad businessman.

Regardless, it won't last. Corporations won't allow it. They're already trying to fight it in my state, and it's been less than a year. Only reason it hasn't been repealed is because the judge refuses to even hear them out.

>>727392234
look at this joker, he thinks money will save him from the decaying environment and social collapse

>>727379879
This guy gets it

>>727392321
No, not living in the US will save me from *that*.

>>727392199
Apples are cheap. No way it costs 7 bucks to bake an apple pie... Just sayin.

>>727391539
>>727391531

FUCK IM DRUNK.
wednesday is pie rush (free slice with any entree after 10am) and is also my friday. you can still go fuck yourself with your $1 pie hahaha. at least our shit is quality

>>727392272
Wont matter, once the seas rise enough to engulf the coastlines the nukes will start flying and those stranded in space will just die slowly

>>727379217
Please explain?
How can you not find a job due to the wage?

>>727392382
7 bucks covers ingredients and like quarter of a manhour.

>>727392406
Yes, well, that's another problem entirely.

I do kinda feel bad for the astronauts though. Not sure what would take them first, lack of food/water or lack of oxygen.

>>727392406
I need you to stop laboring towards an apocalypse.

>>727392438
He's trying to fool you with his crocodile tears, its a known fact that market ideologues dont care about anyone, let alone minorities

>>727392199
How the hell does an apple pie cost $7 to make?

A big ass bag full of apples is $4. Much cheaper if you buy in a larger volume, like a barrel.

A pound of sugar is $4.

Pie crust is, all ingredients combined, about $2 per pound. So let's say $4.

And electricity is 12 cents per kilowatt in most states, and running a high capacity high efficiency oven for 45 minutes doesn't cost more than $5.

And labor is let's say $15 an hour.

With that volume of ingredients you could make maybe 10 pies, at a cumulative cost of around $30 per batch in labor, ingredients, and processing. That's $3 per pie.

If you've got 10 apple pies coming out of that oven every 45 minutes and selling them for $11 apop, you're doing fine.

So are you using fucking saffron in your pies, or what?

>>727392032
The only people advocating for a civil war are you poor faggots calling to "put the mean rich people against the wall because they're greedy." I never said anything that even remotely called for civil war or advocating killing anyone or "just letting people die." You're a fucking moron and all you faggots have is strawman arguments that don't make one bit of sense.

>>727392505
we're all working toward the same goal, we just do not see the consequences of our grim determination to compete ourselves into utopia

>>727392628
You just answered your own question by landing on $4 material cost and $15/hr manpower, with about 12 minutes of active involvement spread out over the cooking process for that particular pie.

>>727392382
shit lemme see you buy enough apples, sugar, flour, vanilla, cinnamon, ginger, nutmeg, and half a dozen other ingredients and have the total cost per pie be be $1.

you must make some shitty ass pie

>>727392706
Go jonestown yourself somewhere it doesn't bother me.

>>727392736
Pretty sure my math determined that to be $3 per pie. Not $7.

>>727392760
why would i want to miss the fireworks

We know what our choices are: cooperate or kaboom

>>727392628

OMG LOOK SOMEONE WITH AN ACTUAL BRAIN

>>727392736

>tfw society will never collapse in your lifetime, allowing you to live out your fantasies of just taking what you need from people who can't defend themselves against your banditry, with no one to punish you

>>727392628
And there lies the problem. Who are you to say what's "doing fine" for a private business? The goal is to maximize profit. You want to regulate businesses when it benefits you "Oh, you're doing fine, no reason to raise your prices." or "You have to give me $15/hr minimum wage, fuck market forces and everything else." but at the same time you useless faggots complain that big greedy businesses push for regulations that benefit them and think it's wrong or "evil" that they do that. You're fucking hypocrites which is why no one takes you uneducated minimum wage dweebs seriously. Now go get me another coffee, loser.

>>727392614
Because everyone with a differing opinion doesnt care. Whereas you care so much that you are willing to force ppl into what you think is right. Because you are right, right? Fuck you.

>>727392706
Global warming is already fucked anyway.

The only way anything is going to ever change is if we cause ACTUAL CHANGE in our government.

But as poor people in a capitalist society, that's impossible. We're not the protected class. We're the exploited one.

lol at basement dwelling neets trying to price out a hypothetical pie store to illustrate the macroeconomic implications of a hypothetical wage increase

>>727392813
That's $3 labor + $4 materials makes $7 production cost.