Explain why we shouldn't raise the minimum raise.

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>>128718685

>>128718685
>minimum raise
what did he mean by this

>>128718685
how about lowering taxes ??

>wages are raised
>costs are raised

>>128718685
Companies will hire less people as they will take qualifications more into account, raising unemployment.
Prices will raise as companies realize that people earn more thus have more money to spend.
People under minimum wage live the same shitty life as the leftover money after taking inflation into account is the same.
Unskilled people now starve due to companies being picky and offering unpaid internship instead of low wage work.

>>128718685
Basic economics.

Educate yourself

Literally, buy the book by that name by Thomas Sowell.

Less ppl working, but making a bit more money. Lower skilled & Inexperienced workers absolutely screwed. Life is about tradeoffs. Economics is about reality not feels.

People who think raising min wage has no effects need to be shot... because they're either dumb or commies and are bad for our gene pool either way.

Here's the the lord Sowell on the subject if you're too dumb to read or too much of a useless pos to do any research:

https://www.youtube.com/watch?v=6TGkfjaxFWs

>>128718685

Explain why universal basic income of $100,000 USD a year shouldn't be a thing.

>>128718685
Socialism is the gateway to communism and the higher the minimum wage, the more socialist the policy.
Plus you know it destroys jobs yadda yadda yadda.

>>128719761
More truth by the his royal highness milton friedman:
https://www.youtube.com/watch?v=x-BGi4NIFww

78% of workers in Colorado are men. Raising the minimum wage would help advantage men. Minimum wage increases feed the patriarchy.

>>128719761
R u saying that jus becus i support a minimum raise I'm and idiot?

>>128721767
It's a start, right?

Ok, I'll explain it once and for all

>Mc Donalds and John Smith burgers compete in a market
>Both pay minimum wage
>MCD pays X% of income to employees
>JSB pays >X% of income to employees (cause it's less efficient)

Raise Minimum wage, JSB is screwed in a much greater % and has to close, now MCD has more income and revenue.

Crony Capitalism

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>>128718685
>Explain why we shouldn't raise the minimum raise
Industry is on the verge of applying AI and machines on a unprecedented scale. We now possess technology that is capable of completely supplanting the entire manual-labor workforce (AKA minimum-wagees). The only problem is the initial investment cost, however a minimum-wage increase is just the incentive to make the leap to an automated business model. Minimum-wage increase advocates just don't realize that humans aren't important anymore.

>>128718685
set a maximum wage.
solve all your problems.

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>recursive raising

Stahp anon

>>128722230
There's another good reason too. Those entry level jobs are literally training how to have a job. You take those jobs as your first job and you learn:

1. You have a boss and he/she's ur boss
2. You have to be on time over sleeping gets you fired
3. Sick days matter
etc.

Now, so many people are getting their first jobs at real jobs where they have to learn that shit.

It's bad for the overall economy because those crucial lessons aren't learned while you're flipping burgers, mopping floors, etc. etc. People paying you post college wages don't want to babysit kids.

Explain why the minimum wage shouldn't be 10 million dollars for everyone.

It's only fair.

>>128718685
A$18/h here, thanks.

>>128718685
That infographic is wrong, there are two POC present in the picture and it suggests that they work

>>128718685
promoting unskilled labor seems like a good idea. Why hone a skill when you can get paid the same as everyone else who's a useless sop.

>>128718685
>Explain why we shouldn't raise the minimum raise.
> raise the raise

We should raise the minimum raise so exponenetial raises upon raises cause economi collapse, ensuring /pol reaches peak LULZ.

>>128724080
>LULZ
What year do you think we live in, grandpa?

>>128721767
No my son u r a genus

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>>128718685
>1 post by this ID
SAGE

SAGE

SAGE

SAGE

SAGE

SAGE

SAGE

>>128725491
Still offers an opportunity to have an interesting conversation, regardless of OP's intentions.

>>128719446
But that's just not true lol

>>128719761
You dumb shits do realize that the avg American McDonald's franchise makes (in net profit) about 500k/year. Saying you can't pay your workers 15/hr (at least for this company) is a fucking retarded load of shit.


Actual entrepreneur here, not a wannabe rich faggot like you dipshits who eat up all this class warfare bullshit the jewish bankers feed you. You're like little piggies for class warfare nonsense, you just love the fuck out of looking down on people who make less then you. Then, one day, you turn around and act puzzled why liberals don't want to sit down and talk with you (because you've acted like an insulting shithead for the last 30 years), why the GOP doesn't do shit for the workers and is a banker owned party, and why the world is falling apart. You did this you fucking moron, you are corrupted by your greed and pride so you refuse to listen to the issues other people are dealing with.

Meanwhile, America is turned slowly into Bosnia and you sit there with a finger up your ass protecting the people who did this to you. Fuck... You /pol/tardos never cease to amaze me *praise kek* bunch of faggots.

>>128718685
why don't we make everyone millionaires.

>>128718685
>""""""""""adults""""""""""

they did, from 0

>>128718685
>get paid $16 bux
>Min wage is now $9.30
>suddenly minimum wage is $15
>employer still thinks I'll settle for $16
>implying I won't want $26
>1 post by this ID

go ahead and raise min wage

then raise the cost of living enough to offset it and make the poor even poorer

its win/win

>>128727032
You need to go back.

>>128718685
Because demand side economics is retarded

>>128727032
>the avg American McDonald's franchise makes (in net profit) about 500k/year
Wrong. It generally hangs around 100k, so a raise in minimum-wage would devastate profitability for the franchise operator. As for the rest of your drivel, I won't even dignify it with a retort.

>>128725197
>What year do you think we live in, grandpa?
1943, the year the intertoobz were invented.

>>128718685
because it's absolutely pointless and breeds 0 hr contracts, temping, moonlighting and other circumventing. if you want to stop wage depression, stop immigration and outsourcing.

>>128718685
>4/10 would get a raise
>6/10 would also get a raise.
I know they're talking about the 1/5 of the Colorado population but the way they wrote is rertarded.

>oy vey muh minimum wage

meanwhile like 3 people have 99% of the money in the world.

>>128727032
>Actual entrepreneur here

>I took on too much debt now I need hyperinflation to bail me out

>>128727032
>Actual entrepreneur here,

No you aren't. If you were a business owner you would understand why this doesn't work. Companies like McDonalds aren't the problem - it's all the small businesses that just barely make enough to keep going, which is the vast majority. If you suddenly boost the minimum wage, they have no choice but to fire people. They cannot magically conjure up bonus shekels because it feels nice.

>>128726507
He is an idiot like most of the corporate shills defending a lower wage. The fact is we subsidize the poor people while the rich get away with paying them less. You are paying for EBT cards because they pay a waitress 3 dollars an hour. You are paying for Shaniquas kids because they don't want to pay her more at Ralphs. It really comes down to who you want to pay for all the dregs, lower class, or insanely poor people who currently hold a job and I certainly don't want it to be me.

>>128728920
maybe if we stopped paying welfare then prices would come down and minimum wage would me more than enough to live on

>>128728420
>meanwhile like 3 people have 99% of the money in the world
>OOGA BOOGA, GIBS ME MONIES

Wait a second it all makes sense now. We just need to give people more money! One out of five Coloradans would get a raise so obviously that's good for the economy

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Lower taxes is the way to put more money in people's pockets without devaluing the money of people already earning above minimum wage.

>>128727032
I used Google:

http://www.mymoneyblog.com/mcdonalds-franchise-cost-vs-profit.html

I know ppl that have franchises. They don't make that kinda money off of fast food stores.

As I expected, the real "income" of a McDonald's Franchise Holder is much more meager. More importantly, the buy in/capital qualifiers are huge.

Eat a dick.

Also, I, too, am an entrepreneur. Please never get into business with me. You're incapable of the critical thinking to launch and grow a successful business.

I've shed partners like you before. Fucking imbeciles who don't know it.

>>128726507
This is being proven all over the US where draconian min wage has started phasing in.

I know it may hurt, but do a little research. Businesses are closing and people are getting laid off... just so you faggots can virtue signal at your next HoA meeting.

>>128731982
>I, too, am an entrepreneur
What's your business?

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>>128718685
> raise the raise

Because if we raise * raise then we get the square of raise or in other words raise^2.

The consequences for this universe of such a singularity might cause a negative reality inversion.

>>128734422
Retail (manager) -> Manu (manager/partner) -> Tech & Software