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Minimum Wage - Too darn high

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Thread replies: 196
Thread images: 30

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https://www.youtube.com/watch?v=7EQk5gWCG9Y

Hi pol, I'm making my own YouTube channel. Today I'm talking about minimum wage.

What do you think?
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>>130110871
hi ShareBlue. no one cares. go shill your channel on places with people instead of bots.
>>
We have minimum wage down here, the country has naver been shittier.
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>>130111033
Do you think minimum wage contributes to the shittiness? Or is it unrelated?

>>130111005
I'm always happy to take suggestions for places to shill my channel.
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>>130110871
i like what ive seen so far
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>>130111268
>I'm always happy to take suggestions for places to shill my channel.
Have you tried other forums or even places like reddit? Granted it may be a different audience than you're used to. I assume you want to a pol audience? Have you thought about who you are reaching?
>>
tax rent

Henry George found the secret.
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>>130110871
I think you're a good goy.
>>
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>>130110871
The reason min wage can't go up (without any kind of price increase whatsoever) is because the jewish shareholders won't allow a smaller profit margin when they're making money hand over fist.

Saying that it'll go up from $7 to $12 for the customers is ridiculous. As a percentage of total operating costs for a fast food restaurant, employee wages are barely even on the radar.

You are literally fucking retarded if you believe in this hyper-jew fearmongering. The only thing that is legit in this whole argument is they'll use it as an excuse to reap even higher profit margins far over and above what the minuscule wage increase would legitimately cost them. They're holding American workers hostage to go hide profits in foreign markets, which is exactly par for the course for semitic shitheels.

Wake the fuck up.
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>>130110871
you forgot the old joo at the far right rubbing his hand cause he still make more and more and more
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>>130110871
Too high minimum wage hurts middle class america and small busineses while helping corporations who can cut workers and such
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>>130111756
Glad to hear it!

>>130111849
I have posted on reddit however my posts there are ignored or removed. I spend a lot of time on pol and some of my content is positively received by the people here - which I take as a sign that I should continue sharing it here.

As for who I'm reaching - I like making these kinds of analytic or argumentative videos. I hope to reach people who enjoy watching or listening to them.
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>>130111905
The nazi meme flag is right for once.

Minimum wage fear mongering is jewish psyop to shift the blame onto low-income earners for price increases.
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>>130110871
>I don't object to a minimum wage in principle

Why? It's the government violating a business owner's, and an employee's, property rights. It's basically saying that you're not allowed to make a consensual contract if it doesn't fit the government's intrusive and arbitrary standards.
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>>130112500
>you're not allowed to make a consensual contract if it doesn't fit the government's intrusive and arbitrary standards.
>oy vey, the guv isn't allowing me to give my employees 2 shekels an hour in abysmal working conditions! MY SHEKELS!
SHOO SHOO GREEDY JEW
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>>130111858
I really haven't read enough about this plan to have an informed opinion on it.

>>130111866
Thanks for saying so. Hard at work to produce more videos and spread what I hope is a thoughtful look into political and cultural issues.

>>130111905
I believe there are conditions and places where an increase in the minimum wage is justified. I think it would be easier to increase the minimum wage in those specific places if you just had to convince the local governments.

If minimum wage was set at the local level, you would have an easier time doing it AND you wouldn't make the minimum wage too high for poorer areas.

>>130112112
This is true. I think it's why minimum wage needs to be set at the local level. Small businesses that are succeeding already in San Francisco can likely afford to pay workers a bit more or raise prices. A pizza parlor in Bonham Texas may not be able to though.
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>>130112720
>I make an argument based on principles and ethics.
>someone calls me a jew.

Sometimes I hate 4chan.
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>>130110871
$15/hr is just a COLA from the 1980s. Want help? Pay a nigger some money. Inflation is due to debasing the currency back in 1971. The mofo flipping your burger has to pay rent, too.
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>>130112779
>Thanks for saying so.
let me put it in other words.

you're a faggot.
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>>130112500
Some contracts between consenting adults are forbidden, and for good reason. For example, we don't allow the CEOs of companies to get together and agree to suppress wages for their workers.

In some markets there is what's called a monopsony for labor. That is - a single firm is the sole purchaser of labor. In other markets, there is more than one firm, but the firms could collude.

In these cases, the people buying labor would have an unfair advantage against the people selling labor. The labor buyers would be able to act in ways that suppress wages.

Minimum wage can act as a mitigation against exploitative labor practices.

Plus, I believe there are, or definitely could be, examples where raising the minimum wage has had positive effects on the local economy. If a procedure has net positive outcomes, then it is hard for me to see why it should be opposed in principle (provided the procedure isn't too horrible).
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>>130112244
It's a legitimate place where both the Nationalism and Socialism in National Socialism is warranted when it's (((mutlinational corporations))) stealing the money from the American people to line the pockets of jews. And like you said, the media shifts the blame for price increases to low-earning American workers.

>>130112500
I should have also said that to keep small businesses/Mom+Pop shops from going under (considering the much lower margins they operate at), small business taxes should be slashed to the bone.

>>130112779
Wages should reflect the local market and cost of living, agreed. And maybe $15/hr is too high in some markets, but it's barely passable for a living wage in others.

I legitimately want America to return to an era where even menial jobs can approach supporting a family. Whether that be niggers, mexiniggers, or white trailer trash or whatever. Businesses can afford it, esp the aforementioned (((mutlimational corporations))).
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>>130110871
this isn't a pro-jew board. fuck off
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Bitching over wages is pointless if you never talk about monetary policy.

It's like fighting over the color of a car that's missing the engine, wheels and transmission.
>>
15 bucks an hour?
That's a fucking fortune!

The average Mexican wageslave gets paid less than 5 bucks a day
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>>130112500
Should we legalize slavery? I mean if its consensual?
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>>130113756
>15 bucks an hour?
>That's a fucking fortune!
It's far less than it was in the past in terms of adjusted for inflation.
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>>130113525
I agree. In a place like San Francisco 15 dollars an hour would still be a struggle to get by. However, in Memphis Tennessee 15 dollars an hour would put you above the median household income. This is why I don't see why setting the minimum wage at the federal level makes any sense. Either it is too low to help the people in rich places or so high it hurts the people in poor places.

My dream for America is that we return to an economy where the average single worker can make enough money to support a family. The typical family can have a stay at home parent to raise the kids.
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>>130113465
>monopsony
monopolies have only ever formed because of government intervention.

>we don't allow the CEOs of companies to get together and agree to suppress wages for their workers.
Why would they do this? No matter how much someone needs money, they won't take a job if they can't live off of it. CEOs have a direct interest in keeping either wages high or prices low, as this will attract more laborers and customers.
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>>130114270
>My dream for America is that we return to an economy where the average single worker can make enough money to support a family.
do you really think jews would allow this?

the last thing they want is the bottom classes reproducing more.
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>>130113684
American solution:
>pay Jew
>suck Jew dick
>borrow from Jew
>borrow even more from Jew because you paid them for being Jewish
I hate being a Jewish vassal state.
>>
When the minimum wage started going up and grocery stores started buy "U-Scan's" I looked up the company who made them and bought some stock. Now I'm rich beyond my wildest dreams
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>>130113756
It depends on where you live. In many places in the country, yes. 15 dollars is a lot. That's why it doesn't make sense to raise the minimum wage for the entire country to that amount.

>>130113684
One issue at a time. Monetary policy is a complicated issue. Definitely one I'm interested in though.

>>130114137
I believe it depends on what you take as the "original" minimum wage value. The time it was last set, in the 60's I think, adjusted for inflation works out to 10.10 an hour.

>>130114289
>monopolies have only ever formed because of government intervention
Monopsony is the obverse of monopoly. Monopoly is when there is only one seller. Monopsony is when there is only one buyer. If only one person is buying the kind of labor you provide, then they can exploit you by buying it for a very low wage.

>>130114353
My hope is to convince people that it is a good idea.
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>>130111905
shut up econmoic illiterate

gov has no moral reason to be able to tell you how much to pay a fucker to work

crony regulations
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>>130113848
https://mises.org/library/property-rights-and-theory-contracts

>Let us pursue more deeply our argument that mere promises or expectations should not be enforceable. The basic reason is that the only valid transfer of title of ownership in the free society is the case where the property is, in fact and in the nature of man, alienable by man. All physical property owned by a person is alienable, i.e., in natural fact it can be given or transferred to the ownership and control of another party. I can give away or sell to another person my shoes, my house, my car, my money, etc. But there are certain vital things which, in natural fact and in the nature of man, are inalienable, i.e., they cannot in fact be alienated, even voluntarily.

>Specifically, a person cannot alienate his will, more particularly his control over his own mind and body. Each man has control over his own mind and body. Each man has control over his own will and person, and he is, if you wish, "stuck" with that inherent and inalienable ownership. Since his will and control over his own person are inalienable, then so also are his rights to control that person and will. That is the ground for the famous position of the Declaration of Independence that man's natural rights are inalienable; that is, they cannot be surrendered, even if the person wishes to do so.

>Or, as Williamson Evers points out, the philosophical defenses of human rights

>are founded upon the natural fact that each human is the proprietor of his own will. To take rights like those of property and contractual freedom that are based on a foundation of the absolute self-ownership of the will and then to use those derived rights to destroy their own foundation is philosophically invalid.

there's the argument
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>>130114876
>If only one person is buying the kind of labor you provide, then they can exploit you by buying it for a very low wage.

Then provide a different kind of labor. Assuming this is unskilled labor, there are multiple different fields of work that you can go into.
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>>130114289
People will take jobs if they can at least "get on down the road" and make rent/light bill and minimal payments on everything else.

CEOs have one job - to make as much profit for the shareholders this quarter as they can. What happens next quarter is neither here nor there and potentially somebody else's problem.

>>130114270
Then let's find the middle ground, at least at the federal level. Maybe it's $10/hr but that's a far cry from $7.50 and would make a big difference in a lot of American workers' lives.

>My dream for America is that we return to an economy where the average single worker can make enough money to support a family. The typical family can have a stay at home parent to raise the kids.

I agree with all of this.

>>130114998
>muh AM I BEING DETAINED
kys, here's your (You)
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>>130114270
Hey dummy. Do you have any formal economics training?

Some of your arguments seem a little confused and I want to know what level to explain it on.

Seriously though your best argument is based on an assumption that we should convince hundreds of small governments to do what we want instead of just one. Even Hayek doesn't agree with that criticism of central planning.
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I don't know what you fags are sperging over. This guy seems to have a solid argument

OP thanks for sourcing vid
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>>130110871
That image sums up Australia really well. Our minimum wages are really high so everything costs a lot and all the shops are understaffed
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>>130112158
Subbed big boy. Keep the channel growing and it might be a /pol/ approved prager u.
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>>130110871
The minimum wage was invented as a eugenics plot:

https://fee.org/articles/the-eugenics-plot-of-the-minimum-wage
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>>130114876
>One issue at a time. Monetary policy is a complicated issue. Definitely one I'm interested in though.
Again, talking about the color rather than the missing engine, transmission and wheels.
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>>130115303
Why find the middle ground though on minimum wage? The middle will hurt the poor places (though not as much as the high wage would). The middle wouldn't help the rich places (as much as the high wage would).

In my view the federal minimum wage should be the absolute floor for the country. The minimum wage you need to make to live in the cheapest place in the country. Then, we should expect states and major cities to set minimum wages that exceed this to the extent that is right for their communities.

This approach will also let us experiment with many different minimum wages. If we run a lot of experiments and find that raising the minimum wage is almost always good - the cities and states will have access to that knowledge when setting their own minimum wage.

>>130115200
I think in principle the minimum wage isn't necessary. After all, I could offer you a job for 25 cents an hour. You almost certainly wouldn't take it - but my offer hasn't hurt you at all so why should my making the offer be illegal?

In practice though, I think not having a minimum wage can, at least potentially, have negative consequences. These consequences may be reduced economic activity, or firms that buy labor banding together to suppress the price.
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Inflation proves our current monetary system is a pyramid scheme.
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the easiest way to eliminate the troubles of minimum age is the abolishment of universal citizenship and the implementation of a new class of service serfs
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>>130115940
I hope you know if the [rice of lbor goes up then only quality workers worth the pay will be hired. Illegals will be out of work and we can justify gibs cute
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>>130115692
>lolbertards think this is a bad thing

You guys need to learn to agree with democrats for the wrong reason
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>>130115398
I took a basic economics class or two in college. Try to lay out the argument in the terms you are most familiar with. If I don't understand I'll google or ask you. If your terminology is really complicated, or your argument requires a lot of background reading - then you'll just have to do your best to explain it as if to a layman.

>>130115400
Thanks

>>130115444
I'll do some reading about Australia and the minimum wage there. It may provide valuable insight for the discussion in the states. I read a lot about Sweden recently and it was really fascinating.

>>130115672
Glad to have you aboard. My goal is to give a thoughtful analysis of aspects of politics and culture.

>>130115692
In doing research for this video I also came across the idea that minimum wage was a plot by labor unions to hurt black people. Thinking being: poor blacks, and black teens, could do jobs that provided very little value (fill up your tank at the gas station, be an elevator attendant, etc) but couldn't do jobs that provide more value than that. Enforce minimum wage, now nobody can afford to hire black people. Now black teens don't get into the labor market. Now there is less competition for labor.

Not sure if I believe all that, but it is an interesting idea at least.

>>130115751
I'll get to monetary policy. Thanks for bringing it up. I'm adding it to my notes now.
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>>130115940
>>130115398
Pls respond.
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>>130116629
he did.
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>>130110871
Nice video
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>>130115957
I'm more concerned about the size of the debt and the fact that the government routinely spends more money than it makes. Inflation is an interesting property of money, but I'm not convinced it makes it a pyramid scheme. Maybe you could lay it out a bit clearer for me.

>>130116129
Hmmmm... not sure I'm convinced that's the best way to go. Maybe we find an island filled with the most dangerous animals and deport all our undesirables there instead.
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>>130110871
then why the hell is 1 person getting fired if the price is increasing?
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>>130114876
>My hope is to convince people that it is a good idea.
you're arguing against the wrong people im afraid.
>>
Food for thought on Australia's minimum wage:

> Minimum Wage - $17.70
> 20 Year old - $16.48
> 19 Year old - $13.92
> 18 Year old - $11.52
> 17 Year old - $9.75
> 16 Year old - $7.98
> Under age 16 - $6.21
> Welfare $7.50+ (equivalent)

^ All in AUD. Despite this, the minimum wage is also rendered moot in Hospitality, some reas of retail & unskilled labour where cash in hand lets business' dodge the minimum wage altogether.....and even still we have problems getting jobs for the unskilled & our youth, but these factors mitigate it quite a bit.

Make Australia a cashless society with a $17.70 min wage for all workers & you watch Unemployment skyrocket.
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>>130110871
>cartoons always tell the truth and bear no agenda
>especially when published by lolbertardian sites
Oh, sweetie.
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>>130117056
because both are exaggerated because a happy customer paying regular price doesnt make for an engaging political cartoon, and its just easier to illustrate a a fired employee than one who has had their hours cut back to maintain costs
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>>130115940
Bottom line - if there's no minimum wage, jews will pay less. Significantly less.

It won't hurt poor places as much or at all (and mom+pop businesses that matter in richer areas) IF, like I said, small business taxes are cut massively.

It will still help workers in rich places because getting a ~25% raise would change pretty much anybody's life at whatever level they're at.

The absolute floor is practically slavery and it's beyond wrong for American/(((American))) businesses to do that to American workers. Not even joking when I say the jews running these types of businesses should be lined up and fucking shot.

Otherwise I don't have a problem with your proposal AT ALL that the min wage should be variable based on cost of living in a given market. But with a floor that doesn't insult the human condition for Americans so jews can make an extra shekel in dividends.
>>
That picture is really stupid.

So what if the guy got laid off? Obviously he wasn't needed to help run the business.

An employer can lay off an employee for any reason.
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>>130111905
this
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>>130117759
it's a shit job anyway
I don't see why anyone would be wanting to work there
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>>130114998
Jew detected. /pol/ is a white board, kike.
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>>130113097
Underrated post
>>130114353
>the last thing they want is the bottom classes reproducing more.
How else will they get their 2800 slaves apiece? More laborers = cheaper, more disposable laborers.
>>130115303
>CEOs have one job - to make as much profit for the shareholders this quarter as they can. What happens next quarter is neither here nor there and potentially somebody else's problem.
That's not actually true. They're there to run a business in context, not to play vidya. That's their own personal drama that they're using the corporation to play out. The "shareholder value" myth conflicts with the fiduciary duty to preserve the value of the business. Profits don't benefit the owners. Solid, safe business does.
>>130117677
We gotta get Pic related back.
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>>130116990
Money is supposed to represent work done. Inflation means every dollar that gets printed makes every previous dollar's value worth even less. Debt, loans and compound interest all feed into inflation. It's a downward spiral from there.
>>
>>130117677
> But with a floor that doesn't insult the human condition

$0 is pretty insulting....being told it's illegal to work is insulting & unemployment is shit for the human condition. Why is everyone so scared of the market naturally raising incomes & lowering the cost of living? We did it for literal decades...

> min wage should be variable based on cost of living

At the very least we have to do this in all western countries.
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>>130117989
>How else will they get their 2800 slaves apiece? More laborers = cheaper, more disposable laborers.
they dont really give a shit about that.

1 billion niggers arent useful to them either.
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>>130110871
I don't remember the last time I went near a burger joint, and saw a bunch of barely-English-speaking spics working at the "teenager job."
It's not teenagers trying to get the minimum wage raised. Build the wall.
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>>130117677
fuck you. Why not set the minimum wage to 1000 dollars if 15 an hour is so fucking great? All any of you have done is just take the bottom rungs out of the economic ladder, by overqualified people.

If your labor makes me 2 bucks an hour, and you expect me to pay you another 3 dollars, I'm going to tell you to go fuck yourself, and find a different way of getting it done. This is the reason Mcdees is switching everything to robots. You fucked them blind with the repeated hiking of the minimum wage, and now they're telling you to go fuck yourself. Business owners, like everyone else, are loss averse. They are not going to take some idiot siphoning their money lying down. They will eat costs in order to eliminate them by any means necissary, and in the end, the one who really suffers is the guy at the absolute bottom of human capital.

The minimum wage destroys people at the bottom, no matter how "low" you set it. The best minimum wage is 0.00$.
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>>130118406
>The best minimum wage is 0.00$.
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>>130118001
You're using a push model instead of a pull model. In fact, money represents an option to employ labor in order that the laborer can fulfill their debts.
>Debt
Actually, inflation is good for debtors, in that increasing (or should be increasing) real wages can pay off the same nominal debt quicker.
>using money as a store of value
Pic related
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>>130112158
>Posted on Reddit

Get the fuck out
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>>130118406
t. wants low skilled spics to take all the jobs and provide white people with shitty services so schlomo can save a few bucks


Literally kill yourself
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>>130118500
Hello merchant. I bet you don't like work vouchers either.
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>>130118473
Yes. There are things you can work for other than money, retard, and if you really want to get right down to it, yes, being payed absolutely nothing and working is better than nothing and sitting on your ass.
>>
>>130118500
>mfw i read your idiotic post after I graduated with a BS in IE and economics, and an MS in financial engineering

its like you're not even trying
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>>130118009
>Why is everyone so scared of the market naturally raising incomes & lowering the cost of living? We did it for literal decades...
See this fucking graph.
>>130117989
See it?

That's the free market at work. It's not raising wages. It just isn't. The Jews are fucking winning and you're asking them to fuck you harder. You fucking fag.

Ancaps should be lined up and shot.
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>>130118638
>being payed absolutely nothing and working is better than nothing and sitting on your ass.
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>>130111905
It's for the smaller companies who get a worse hand as every decade goes past as a result of these not the huge companies who already do the bare minimum employee wise.
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>>130118580
Go fuck a pig, and be sure to do it on the other side of the wall.
>>
>>130118728
> That's the free market at work.
What are you fucking 15 mate? You should know by your age the regulations that have come in to cause those sorts of downward pressure on wages that divorce it from productivity.
>>
>>130110871
What? You still have white people working at McD in the US?
>>
>>130110871
dude you need to talk with CHARISMA and PASSION.

You are talking hell slow and careful like you are reading every syllable from a script.
>>
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>>130118580
/pol/ is a Christian board. Kill yourself, Saracen.
>>
>>130119041
What denomination I will debunk christianity if you want me too
>>
>>130118406
>The minimum wage destroys people at the bottom, no matter how "low" you set it. The best minimum wage is 0.00$.

We don't have perfect competition and all that perfect case scenario shit. Minimum wage should be lower than it is however because you guys have all the beaners who just take $3 an hour under the table.
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>>130111905
>Burger and fries won't go too $12
>It's already 11 and change in Washington

Kill me
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>>130110871
Minimum wage here is $19

Burgers from fast food are like $5.
>>
>>130118781
All you're probably useful for is shitposting and smoking pot in your mother's basement. In her heart of hearts, she fucking hates you. You're damn right it's better to work for nothing. Payment is a personal arrangement between two people, and there are a whole host of things without of objective value in the now that people could be working for. The minimum wage is the government sticking its nose where it doesn't belong.
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>>130118225
In my town it is always druggies, they are the only ones to fall for the fast food meme.

You get paid less then a busy restaurant because you don't get tips. Then you have to deal with people ordering 50 nuggets. It is harder work too. You even get the satisfaction of knowing you are just a cog in a mega-corporation and you will never climb the latter because you are one of many.

Plus all the dumb ass druggies fuck up your order literally every time, they lazily throw your food together. One time my friend ordered a burger from McDonalds and they forgot to give him a fucking meat paddy, everything else besides it. I don't know how any human being who isn't a complete fucking retard could fuck up that bad.
>>
>>130116900
Thanks

>>130117183
What do you mean? I don't think of this video as arguing against pol. Instead I think of this as arguing against an ideology that suggests the federal government has to do everything. I think this ideology leads to single motherhood or double income families and reduced numbers of children - though it's a bit much to reach that connection all at once. That's the general thesis I'll be working towards with my videos though.

>>130117259
That's interesting. Making minimum wage scale by age is an interesting idea... I haven't fully thought through the implications yet.

>>130117368
The cartoon isn't necessarily true. It is an illustration of one argument on the subject though.

>>130117677
I agree with you on reducing tax burdens on small businesses. I think we need to get small family owned businesses flourishing again. That kind of life - where you run a store, or a company, and bring your kids up on it, and pass it on to them seems very idyllic to me.

Whether or not minimum wage should be in place and what it should be I think is a question for a local economy and local legislators. At the very least, many experiments would give us more real world data to develop better ideas about what minimum wage should be.
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>>130119272
>The minimum wage is the government sticking its nose where it doesn't belong.
>WHY CAN'T I PAY THOSE STUPID GOYIM 0 DOLLARS AN HOUR
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>>130119242
Kids working at Maccas can get paid as low as >>130117259
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>>130118635
They're okay. Something's got to stand in the way of the psychopath wanting it all.
>>130118706
>doesn't know Modern Monetary Theory
>financial engineering
You were taught to cook the books to preserve a broken system, not fix it. No wonder you don't know anything useful.
Neck yourself.
>>130118813
>huge companies who already do the bare minimum employee wise.
Since most huge companies participate in financial engineering, huge companies have lots of fat to trim and lots of juice to squeeze, if it comes down to that.
>>130119362
It is an argument that isn't supported by facts, which is why it's a cheap and emotive cartoon.
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>>130119362
>What do you mean? I don't think of this video as arguing against pol. Instead I think of this as arguing against an ideology that suggests the federal government has to do everything. I think this ideology leads to single motherhood or double income families and reduced numbers of children - though it's a bit much to reach that connection all at once. That's the general thesis I'll be working towards with my videos though.
thats what the jews want though, its working just fine.

economics has been solved for a long time, they can do whatever they want now pretty much.
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>>130119202
>We don't have perfect competition and all that perfect case scenario shit.
Lol, nothing about this necessitates a "perfect scenario", as there is no specified scenario to begin with. Stop huffing petrol.

Then again, you live in a weird upside-down bizzaro world. You can't be expected to understand or comprehend our right-side up economics.
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>>130119242
>what are population differences
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>>130119500
Well tbf macccas does only hire 16yr olds, and I think its a bit bullshit that wages are stratified equal wages equal pay etc.

But I've known people to stay there for years and get more money.

But work in woolies get $18.70, work in a bottle shop get $25, work in aldi get $28.
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>>130119274

I worked at a McDonalds not too long ago, and had a manager that would push to try and get every order completed in about a minute. Just so his boss could give him the "fastest expeditor" label.

It was assholes like him who literally was yelling behind the people making the burgers and the people assembling the orders that caused twice as many mistakes as usual.

TL:DR, it's not always the employee.
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>>130117989
If their profit margins/dividends/company value goes down for more than a quarter or two, they're replaced with somebody that will be a better shabbos goy and make their portfolio go up again. SOMEbody's got it in them to either go gas the lower earners or find a new clever jewish accounting trick to make it so they LOOK like they're """losing money""" but actually make more.

We do gotta get your pic related back. Any NS worth their salt will recognize the gommies actually have their fingers on the pulse of this problem.

>inb4 muh computers
Everybody knows that you faggot, don't even reply.

>>130118009
$7.50 right now is insulting. The free market isn't free you stupid nigger. What in the fuck do you think is going to happen when we've allowed multinational jewish corporations who have found every loophole in the system to take over in the last [#] years and then remove the final token yokes that prevent them from enacting literal white slavery? Go look at South Africa.

>>130118406
Because $1000/hr is retarded. I don't want to live in a country where the bar is set at third world niggerdom workers. And neither do you you stupid faggot. kys

>>130118813
As I said later and should have included in my original argument, small business taxes should be slashed massively to compensate.

>>130119239
>Washington
To be fair, that alludes to what OPnigger and I have been saying that the min wage should be variable, just not fucking obscene.

>>130119362
I think we're closer in opinion than I originally thought. It's just a question of how to do it.And how to mitigate jews taking advantage of it. I'm very much open to experimentation where it's warranted; I think that's why state governments exist and contribute toward the fed gov.
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So if minimum wage is raised does that mean other jobs above the minimum get raised as well?
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>>130119834
there's no reason for them to raise but more than likely people will ask for more pay so they generally do raise.
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>>130110871
The problem isn't minimum wage itself, it's the fact that these jobs are to be taken seriously at all.
In the first place the kind of people who work at a mcdonald shouldn't be adults looking for sustainment but teens and students looking for a temporary occupation to support their hobbies or studies.
Minimum wage is just a way to make these shitty jobs into "real" jobs fucking everything up in the process.
Instead of wasting time with this nonsense you should be focusing on stimulating the economy and creating real jobs.
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>>130116794
I saw.

>>130116606
>>130116794

Ty.

I'll try no to get too esoteric. But first things first. A subsidy by definition goes from a government or ngo or other entity to the market with a specific goals in mind. McDonald's is a for profit corporation. It has no altruistic goal.

The McDonald's corporation cannot subsidize the tax payer. That's just not what that means. I know what you are trying to say, but you really need to look this stuff up before you publish your video.

Semantics aside, the McDonald's corporation is employing people at in positions that would not exist if the minimum wage was raised to 15$ per hour. This means that the profit produced by the specific position is less than the difference between their current wage and 15$.

We all know they will switch to robots. Why,because robots will be cheaper than people at 15$ per hour.

So if we say
current wage =w1
Future wage =w2
Robot cost =r1
And income generated by position is = â‚©

We get
â‚©-w1=p1

â‚©-w2=p2
â‚©-r1=p3

P1>p3>p2

But we know p2 is negative and that w1<r1<â‚©<w2

So knowing that we subsidize McDonald wages it becomes obvious that we are paying for inefficient jobs to exist that are not even fully covering their own cost.

We are paying McDonald's not to innovate. That's dumb as hell.

If the government is going to intervene in markets most people would prefer it does so to create innovative not stymie it.


I THINK I MADE THIS MORE CONFUSING THAN NECESSARY. SORRY ANON.
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>>130119802
I would have hit him. People don't want their food faster if it makes the food taste like shit.
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>>130117759
There are just different equilibrium. With a low minimum wage it makes sense to have two workers. With a higher minimum wage it doesn't. You'll serve fewer customers given your higher prices anyway.

While you may think it doesn't matter if someone gets laid off - why would it matter if he got paid less? If you don't care about jobs, why care about wages?

>>130118547
>reddit spacing

>>130117989
>We gotta get Pic related back.
If you mean the relationship between productivity and minimum wage, I cover this in the video. Productivity has been increasing because of better technology. Why should we pay a McDonald's worker of today more money, just because the computer in his register, change machine, drink machine, etc make him more productive. McDonald's had to pay for those technologies, and now they have to pay their workers more because they use them?

>>130118781
I'd agree with this - if it's fulfilling work. You develop your skills and accomplish something useful. At the end of the day, you have done something productive, and lots of people feel that is it's own reward.

>>130119026
I've heard that feedback before. I do write out what I want to say before making the video. Then I speak it from my memory of what I've written. If I don't do it that way I have more "uh" moments and pauses and editing them all out would be painful.

I am working on getting a more interesting voice though. I've watched some video on hypnotic voices and a few other videos on how to be a good presenter. "Working on it" is the best I can say.
>>
Hamburger meals should be $12, the quality will be higher and you'll eat them seldom like the delicacy they SHOULD be instead of the staple meal they are now, or used to be.
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Oh yeah and don't click on this guy's channel. As if I needed to say that.
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>>130120074
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>>130119473
>WHY CAN'T I PAY THOSE STUPID GOYIM 0 DOLLARS AN HOUR

Nobody puts a gun to your head and says, "work!"
You can walk right off the assembly line and go home if you want, that said, you lose out on anything you might have earned. The government isn't required or even effective at making an actually competitive job market, you just want to make it artificially "more competitive" because you're greedy and evil, and want votes from poor desperate people, without explaining how what you're doing is actual wrong, a transgression against the employer, and will lead to them actually losing the job entirely. I really feel bad for the people convinced by your nigger logic, I really do. The lose their jobs, and they have no idea why.
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>>130111268
>>130111033

The United States and all of the member states, as far as I know, have a minimum wage too geniuses.
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>>130120204
They are $12 at a restaurant, and they are like 30x better than fast food. They use this rare stuff called real meat.
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>muh narrative
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>>130111858

That's as bad an idea as a flat tax. I am not even going to waste time explaining why because nobody takes you seriously, and chances are you don't vote if you are willing to believe something so stupid.
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>>130120455
Whoops, fucked the crop up.
This is the unemployment rate of Seattle, where the minimum wage is $15, compared to that of the rest of the state (where it's $11) and Fagotburg.
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>>130120190
>Productivity has been increasing because of better technology.
McD's has benefited financially by being able to serve 10 people where it was previously only able to serve 2. This is an ongoing benefit for the company. The worker is working just as hard during that time period, but the entity who benefits is McD's. Why shouldn't the worker benefit proportionally when the investment in the technology to do so has clearly passed decades ago?

Here's a pictorial hint.
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>>130119824
>If their profit margins/dividends/company value goes down for more than a quarter or two, they're replaced with somebody that will be a better shabbos goy and make their portfolio go up again. SOMEbody's got it in them to either go gas the lower earners or find a new clever jewish accounting trick to make it so they LOOK like they're """losing money""" but actually make more.
In today's absentee-owned market, that is true. We got some guy upbread claiming to have a degree in financial engineering. If a key performance indicator can be gamed, it will be.
That doesn't mean that such chicanery makes the business, to whose owners that executive presumably owes a fiduciary duty, more valuable or durable.
>inb4 muh computers
that's worth a good 20 keks Thanks for that.
>>130120074
I think most people would prefer to be employed. Your innovation is in conflict with their income.
>>130120189
>People don't want their food faster if it makes the food taste like shit.
I worked with a DM at a fast food chain which shall remain nameless who contested exactly the opposite: if someone can get in and out in five minutes with food, it doesn't have to be perfect.
>>130120190
>muh proprietary gains
Because if you don't they'll find you and kill you. Isn't that reason enough? There was a deal that management and labor would share gains equally, and management reneged on it. This calls for a reproductive strike.
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>>130119824
>Because $1000/hr is retarded. I don't want to live in a country where the bar is set at third world niggerdom workers. And neither do you you stupid faggot. kys
I had a huge TL;DR post before I realized that this is not even a argument. "Its retarded" is not a fucking argument.
https://www.youtube.com/watch?v=ca8Z__o52sk
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>Guys trust us trickle down economics works
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>>130119793
Yeah, I just mean the burger price when you pay a kid $6-8/hr instead of $17.70 etc it might keep the burger prices down & then factor in exchange rate and the size of the burgers (shit you not) and its not wonder the burger is $5.
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>>130119802
Of course the lowest tier business' will have the lowest tier managers. The poor bastards....they should try factory work though, there's a contrast.
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>>130120688
If we are going to pay people to do labour for its own sake we could do better than food service.

We have a huge shortage of people to work in elderly/autistic care because we are paying people to do useless jobs that could easily be automated.
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>>130120688
I guess people just accept that fast food is shit, even though it doesn't have to be. I just hate when they put other actual restaurants out of business
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>>130110871
Keep it up. Fuck this Bernie Sanders virtue signaling bullshit.
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>>130120455
How is anyone supposed to know what that graph is for? There's not even a title.
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>>130119834
Nope, that's why in Australia people with degree's doing entry level jobs that require proper skills to be learnt get paid the same as some checkout chick at Woolies & while Unions have pushed up factory & labourer wages to the point where you can get $1200/week at a chicken factory & $160,000 to work on the roads & office buildings.
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>>130119501
Well, it's a cartoon. Not an academic paper. My main point is not against the minimum wage in theory, but rather that the minimum wage should be set at the city or state level as opposed to the federal level.

>>130119824
Agreed. I'm also very much in favor of pulling power and decisions away from the federal government and giving it to the state government wherever it makes sense.

>>130120074
First, let me say thanks for watching the video and commenting on a specific element of it (not to mention an element towards the end!) The retention graphs that YouTube provides show that most people don't make it that far.

To your point about the word subsidy - I'll acknowledge that this may be the technical meaning of the word in the economics or market sense. However, the common definition of the word is to support an organization by providing money. This common definition holds, even if the technical definition does not.

The wording here could be more clear, but I also wanted the phrases to be the reverse of each other - e.g. government subsidizes McDonald's or McDonald's subsidizes government.

In this case, I think we'll have to agree to disagree.

Semantics aside though, I agree McDonald's will eventually switch to robots. I think mainstream economics would say that's a good thing - now those workers are freed to do different tasks. In reality, I'm not sure that a McDonald's employee will have too many options - especially as fast food work begins to get replaced.

Still, I think that's a topic for another video and thread - whether or not automation is a good thing in terms of displacing work.

To your point here, suppose the government didn't subsidize McDonald's by paying for the workers food stamps etc. Would those workers be forced to find better jobs or starve in your vision?

If we are committed to ideas like food stamps or social safety nets, then we would need to provide for these workers.
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>>130121211
By looking at the first (you) that's literally right under it.
No edit button. Mea culpa.
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>>130110871
everybody goes on about minimum wage and not the real proble, which is purchasing power eroding.
>>
So you want to let global corporations dictate the wages? You know that they will pay the basic minimum that is required for you to not die right?

Judging by the "free market" commentators on here I suppose you'd like the government to do away with the maximum working hours as well? Along with breaks and meal periods?

People make the case that these corporations "aren't charities or altruistic" and should therefore not work to better the people with fair wages. Yeah sounds great, lets have neo-feudalism.
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>>130120074
what does your thought experiment have to do with your last point about innovation?
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>>130121083
It's more that people weigh the value of time vs. a full stomach. It doesn't help that some workplaces have less than half-hour lunch periods
>We have a huge shortage of people to work in elderly/autistic care because we are paying people to do useless jobs that could easily be automated.
How many people are actually suited to that work, especially with American culture in the shape it is in? More importantly, would those jobs be worth the offering rate to people? Psychological labor is real and it is a skill. The analogous fatigue, injuries and eventual burnout is as real there as it is with any physically strenuous job.
>>130121129
Agreed.
>>130121403
It's a fair point, but even in that case, the objectives and the principles by which the local minimum wages are calculated should remain national.
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>>130121501
https://www.youtube.com/watch?v=IFbYM2EDz40
Simplistic art style, baby music, easy words and all for you intellectual children.
>MAN EDGAR IS AN ASSHOLE VOTE COMMUNIST
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>>130120688
checkd

>That doesn't mean that such chicanery makes the business, to whose owners that executive presumably owes a fiduciary duty, more valuable or durable.
(((Modern business practices))) are a bubble in and of itself for a variety of reasons. CEOs don't owe shit to the corporation they represent, if they have a record of increasing profit margins for a couple of quarters for a few businesses past in their CV, they'll be back on the Wall St. dole within the week.

>>130120865
>youtube vid source citing
OK, my dude, go to bed. Everybody, gommies and NS alike, would gas you and the rest of your ilk first on DOTR. Sort yourself out. You made the out-of-left-field argument of $1000/hr first. I just responded appropriately.

>>130121403
>I'm also very much in favor of pulling power and decisions away from the federal government and giving it to the state government wherever it makes sense.

I am so there.
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>>130121500
It really isn't that big a deal. Inflation is 1-2% per year.
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>>130110871
The State is only to be the Ministry of Justice, so that precludes Education and Commerce, O.P.
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Daily reminder the same argument can be used against cuckservatives who want to be paid high wages for shitty blue collar work. Can't wait to see their faces when Tim Cook refuses to pay them $50/hour to build iPhones and drops the minimum wage on them. And finally a second round of justice when automation blows them the fuck away for good kek.
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>>130121500
well I think in this video he's saying that increasing the minimum wage, devalues (decreases) purchasing power if not done when considering for quality of living in certain areas
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>>130121813
>heh, I'm not going to watch that, it destroys my argument!
Yep, victory achieved, shitposter.
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>>130121501
1. A free market bids up wages by increasing the supply of employers which is currently restricted through barriers to entry
2. Minimum wage, 40 hour work week, 2 day weekend etc were brought in through competition in the market ie. Henry Ford etc voluntarily at the same time & often before Unions had lobbied government to create federal laws.
3. Wages above the minimum wage exist for a reason & the same supply/demand factors can be applied to unskilled work the way it used to.
4. Business' aren't charities but that doesn't mean they can't recognize how productive a healthy workforce is or that they aren't subject to competition, competition which guarantees increasing conditions as long as the barriers to entry for new employers are low enough, min wage etc are barriers which force too many people into the too few corporate jobs that are left
5. All of these regulations crowd out small business' and give corporations basic monopolies, its the crushed small business' that actually force all business' to bid up incomes through competition

Does all that make sense mate?
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>>130120353
If all member states have minimum wage, why set it at the federal level?

>>130120630
I don't think this hurts my argument at all. My argument, as expressed in the video, is that cities and states should set their own minimum wage. Seattle is an expensive place to live. It would make sense that they can handle, or perhaps even need, a higher minimum wage.

My concern isn't when rich cities set high minimum wages. My concern is that we don't need to apply those same standards to poor cities. If you owned a pizza shop in Seattle you could pay your cook 15 dollars an hour, because you can charge a bit more for your pizza and the rich people will pay it. If you own a pizza shop in Memphis Tennessee then you may have to let some people go to keep on getting by. Why set the minimum wage at the federal level? Seattle is more expensive than other places and should have a different minimum wage.

>>130120682
Why shouldn't the customer benefit? The customer had as much to do with the decision to invest in technology as the worker at the restaurant.

>>130120688
What if robot security guards and gun turrets could keep the rich oligarchs safe?

>>130121138
Thanks. I'll continue to try.
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>>130121777
Checked. Amazing people just refuse to look at history beyond newspaper propaganda.
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FYI the minimum wage wouldn't need to be increased if business interests weren't allowed to import foreigners to suppress wages.

Given that there exists a constant stream of foreign labor into the US though, it's obvious a minimum wage is necessary.
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>>130111268

It's unrelated. And to be quite honest with you, I'm glad. Brazilians are a crooked bunch from top to bottom and if it wasn't for the minimum wage I would be working ten hours a day for 500 dollars a year.

Of course this is a cultural thing and here in Brazil people are just trying to scam each other one way or another, no minimum wage might work in america because the moment a business owner tries something funnier he'll probably be killed by lawsuits and scandals.
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Post yfw Min wage almost doesn't exist in Australia with awards for younger workers & the cash economy.
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>>130122180
Bitbutter is awesome, but they're effectively dead. The thread seems to be predicated on this idea that the minimum wage that states provide is good, and that just the federal minimum wage is a bad idea, which insinuates that a minimum wage is good at all, which I think is wrong.
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>>130122034
>i'm too dumb to articulate my argument, here's a YT video
https://www.youtube.com/watch?v=DSlgP06hpaw

>>130122087
Why should the only person NOT to benefit be the worker?
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>>130121777

>Simplistic

You said it. Over simplified. It certainly doesn;t take into account actual real profit margins.

>Bob produces $10 of wealth
>Evil minimum wage means he needs to be paid $9
>Oh noes, only $1 for the capitalist, SHUT IT DOWN

Corp's profit in the billions after tax but MUH MINIMUM WAGE. I'm not a commie either, I'm libertarian. I believe in freedom NOT corporate oligarchy. Look at the countries with no minimum wage. They're all hell holes run by corrupt politicians in the pockets of CORPORATIONS.

>B-but they can only do that because of poli-

No, they do it inspite of the politicans. Without that buffer they'd just go full corp-feudalism.
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>>130121501
No. I think a minimum wage can be a good idea. I just think it should be set at the city or state level because different cities and states have different environments, cultures, people, economies, etc. A broad rule to cover everyone makes much less sense than lots of specific rules in each place.

For example, Seattle is a very expensive and wealthy city. I have no problem if the people of Seattle decide they want a 15 dollar minimum wage. What I have a problem with is the people of Seattle agitating for the federal government to set a minimum wage of 15 dollars an hour which will ruin small businesses in poorer areas of the country where that wage doesn't make sense.

>>130121751
Even for the objectives and principles, why can't we let those be set at the local level? It's easier to change local laws than national ones - so if there are problems, they could be fixed. If there are many different sets of objectives and principles we will learn which are successful and which aren't by experimentation.
>>
Fuck off. I'd rather have one full time worker making $15/hr working hard than 2 workers fighting over hours making $8/hr standing around texting.

Seriously look at the employees in your local Mcodnalds. If you're in a coty, I can guarantee they are in their 20s or 30s and NOT teenagers.
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>>130122470
>Bob produces $10 of wealth
Does he? How do you know how much Bob produces each week doesn't vary depending on various other factors or even if the goods he produces will be sold at all or at different prices? Maybe the packaged salami he produces is marked down at the super market at a loss to bring people in to buy other things, should Bob receive a lower wage? Why should his wage vary at all if we won't know what happens to the goods he produces until maybe weeks later, Bob has living expenses and needs a wage NOW! Not weeks from now....so he agrees through his shorter time preference for an agreed set income now and the employer takes on the risks for the promise of a greater income at a later date depending on the other factors.

Hell Bob's wage isn't the only cost that goes into production or even the only costs to employ him. Plus we haven't even gotten into the capital injection of business owners, how much of the final goods produced & sold is down to the employers setup which makes his production possible, what cut does he get for that?

Fuck me dead guys think a little.
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>>130122198
For what it's worth, I'm also against importing foreigners (exceptions for scientists, unique talents, and economically responsible people from developed nations who speak English).

>>130122290
I don't really know enough about Brazil to have a comment here. Most of what I know of Brazil comes from watching Active Self Protection videos on YouTube. Sorry things aren't working better there.

>>130122427
The worker benefits by getting an easier job. I'm not opposed to a minimum wage (set by the state or city) but I don't think they fact that technology has improved is a good reason to insist on an increase.
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>>130121730
Without our welfare subsidies they already would have moved to robots. As long as the unsubsidized wage would be higher than robot cost.

Minimum wage does the opposite. Forces wages above robot cost forcing innovation.
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>>130122910

We don't need anymore scientists m8., Its all saturated as fuck,
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>>130111111
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>>130121403
You said it was a technical video. If your focusing on rhetorical flourish rather than accuracy your just making propaganda without a serious analysis of the issue.

As too where the replaced workers would go. It seems logical that we would employ people in jobs that are not automated. Such as elderly care.
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>>130122427
>Why should the only person NOT to benefit be the worker?
One, because the workers don't benefit, and two, because you don't get to "sacrifice" people just because it makes other people's lives better. Take your wealth redistribution nigger shit and go to lefty/pol/ where you belong.

People like you are why custom flags are a mistake. The easy opportunity for aliases and the sectarian reinforcement from above just creates more shitposting. Might as well go back to ear rape and the steps of cuckolding.
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>>130122470
>implying minimum wage hurts big meany "corps

Corporations want high minimum wag. Becaise it hurts their competition.
Minimum wag hurts small buisness.
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>>130120501
Fuck off Jew shill.
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>>130123343
I don't think my word choice was inaccurate. I just used the common definition of the word subsidy rather than the technical definition you provided. As my YouTube video is not an economics paper, I think it's appropriate to use the common definitions of words.

Still, this is a minor semantic point that I'd rather not debate as I don't see much substance in it.

>>130123038
We may not need more people with a bachelor's in biology etc. But I wouldn't say "No" to adding more people who are going to invent something useful for us.
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>>130122910

It surprises me how many conservatives like myself are also big supporters of libertarian ideals or straight up ancaps because one of the roots of conservatism is that people can't be trusted, meanwhile leafties believes that everyone is good at it's core and will cooperate (reason why communism and socialism fail every time, corruption always taint the experiment)

With that in mind, I don't trust business owners to decide how many am I worth while trying to keep a high profit margin. I'm not a straight up statist and I'd pick a small government any day, but one of the jobs of said government that I elected is to keep an eye out for the sharks, keep the bad dogs on a tight leash, so to speak. Correct me If i'm wrong, but the whole basis of your constitution and your republic has roots on such ideals as well.
>>
Businesses shouldn't look at wages as an expense. More as an investment. Pick good staff, pay them well, and watch them make your business succeed. People give a lot more fucks about their work when they are above the minimum, treated well and looked at for promotion.
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>>130122470
>says libertarian
>Not a libertarian, really liberal
>Flag
Why am I not surprised. The sons of the broken serfs we left behind will never amount to anything.

>Look at the countries with no minimum wage. They're all hell holes run by corrupt politicians in the pockets of CORPORATIONS.

Yeah, like Denmark, Sweden, and Norway.

>Sweden
Say what you want about its future. As it stands, Sweden still means something.

>Corp's profit in the billions after tax but MUH MINIMUM WAGE.
Yeah, which ones?

You're a textbook idiot liberal, and not a libertarian at all. Libertarianism is about getting the government out of our lives. You're being subversive.
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>>130121920
>What if robot security guards and gun turrets could keep the rich oligarchs safe?
>who is Anonymous
>>130122495
>Even for the objectives and principles, why can't we let those be set at the local level?
Nope. That's just deregulation. What's to stop some localities from setting a minimum wage hostile to public purpose, favoring one or the other local oligarch, or even opting out entirely? The objective of a minimum wage is to see that those who work to a useful standard will be rewarded with a useful livelihood. Within that framework, localities have some latitude to set their minimums as appropriate to their situations and local cost structures.
>experimentation
This isn't an experiment.
>>130123384
>because you don't get to "sacrifice" people just because it makes other people's lives better.
Isn't that precisely what deregulation of minimum wage does? Sacrifices people just because it makes the ownership class's lives better, but in this case, even more literally? Take your larp back to your econ teacher where it belongs.
People like you are why no maximum wage is a mistake.
>>130123770
>one of the roots of conservatism is that people can't be trusted
I would believe you if you didn't have to engineer societies into low-trust situations. I don't see why it wouldn't be a good idea to lobotomize brazilposters for being insufficiently trustworthy to maintain even a basic market.
>>
>>130124098
Cutting corners is easier though and saving money you already have feels safer than spending more money to get more money.
>>
>>130115444
M8 if they could pay people less the shops would still be understaffed and they would pocket the difference.

If you think otherwise there's no helping you
>>
>>130124167
>Isn't that precisely what deregulation of minimum wage does?
We are at the bottom of the pit. You begin trying to stab me, to drink my blood, and I stop you.
>"dude, why are you fucking SACRIFICING me by not letting me murder you?"

Flawless logic.
>>
>>130124482
>your blood
Spare us the melodrama. If a few bucks an hour is muh your blood, you've got serious attachment issues, a serious lack of business sense, or serious guilt about how you muh earned your fortunes, and in any case your business will be better off done by someone who gives a fuck.
What the fuck makes you think you're better off being served than bled out?
>>
File: robbie rotten money.png (461KB, 1330x880px) Image search: [Google]
robbie rotten money.png
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>>130110871
min wage wendy's dude here
fuck the minimum wage! every time the minimum wage increases another 15 cents over here another person is laid off and their responsibilities are thrust upon me.

Already have nearly $18K in the bank so I'm thinking about quitting and investing
>pic related
>>
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>>130110871
>Hi pol, I'm making my own YouTube channel. Today I'm talking about minimum wage.
>>
>>130125809
Look through this thread. It's a big discussion on politics. The YouTube video is about minimum wage. This isn't bait.

>>130124167
What stops a locale from setting a bad minimum wage is voting. Vote for the guy you like. Help other people see why your guy is best. If he betrays you, get him removed from office.

As for this being an experiment, that's the language used by the founding fathers and many American politicians. That's one of the intended purposes of having many colonies and states. Let everybody try their best. Copy what works from your neighbors, help them avoid what doesn't work.
>>
File: Raise Min Wage meme.jpg (142KB, 1084x1062px) Image search: [Google]
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bumpo
>>
>>130124931
It doesn't matter. It's not yours to take, no matter how much you want it. If you try to take it, I won't just stop you, I will kill you, and be totally justified in it. Your need is not my need, and I am not morally obligated to give a shit about your need.
>>
>12 dollars
>For a meal you didnt have to grow, harvest, transport or prepare the food for
>Is also ready in 5 minutes
>unreasonable
>>
>>130116606
>Not sure if I believe all that, but it is an interesting idea at least.

Read the article. They were quite explicit about their goals.
>>
It's an absurd argument. Papa Johns pizza made a big stink about having to raise prices on pizza to pay for employee healthcare, but then when he did, it was something like 10 cents per pizza.
>>
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>>130110871

$7 for a cheese burger.
>>
>>130122910
>sorry for your country being shit
You're too nice on us
This is the future that we chose
We didn't listen
>>
>>130111905
NAZI FLAG
>>
>>130132331
I go to a restaurant like this anc cheeseburgers are 2.49$ and they ARE the best in the city - the only place I go now, others can go fuck themselves
>>
Love this hyperbole comic OP posts everytime.
So lets get this started:

>The guy who cheers about higher wage is ugly like sin andlooks retarded
>The guy who was laid off is normal looking

Also
>There is no evidence collected so far in the last 20 years that Miniumum wages destroyed the economy

And looking at the example of burgers:
How many % of your burger goes to wages and how many to profit and production/coolig/transport of the patty?
>>
>>130111905
>>
I always thought the problem was those Cash under the table jobs. That's why you see so many illegals working farm jobs and shit. You can pay them pennies and if they complain you just get the police to take them away. One way of addressing the problem is to start cracking down on cash in hand jobs and force employers to everyone minimum wage, regardless if they're legal or not. But then again there are industries that are practically built on illegal labor at this point so who knows what'll happen.
>>
>wanting no minimum wage in an age of mass-immigration and globalism

Have fun competing with the third world for manufacturing ("Sorry, unless you work for 50p a day the job will go to some Indian/Chinese slum"), and migrants in terms of everything else ("You want enough to support a family? Paco/Vlad will do it while living 20 to a house and sending most of it home").
>>
>>130140890
>Work for almost nothing or else I'm moving the company to China
(((Free Market Capitalism)))
>>
As someone who owns a business I am happy about an increase in minimum wage. Why you ask?
Well it's quite simple anon.
I already pay my workers more than 15 an hour because their work takes some actual knowledge and a degree. Furthermore, the more lower rung poor fuckers that have money to spend the more money I make. Yes increasing the minimum wage increases the demand for the goods and services the poor fuckers use.

I will exploit them for my personal gain.
>>
>>130110871
>doubles wage so fires an employee to even out
>company increases profit margins by increasing item cost also
lmao
>>
>>130141334
Then don't buy their shit, fuck those fuckers.
>>
>>130114998
>literal economic illiterate
>calling other people economically illiterate

kill yourself
>>
>>130118781
So working out?
>>
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>>130114998
You're absolutely retarded.
Why don't we get rid of the minimum wage altogether, then??
Extremely good idea to do that!

>Owner of McDonalds is searching for a new burger flipper, hourly wage: $5.5
>Edward and Joan both apply for the position
>The white, young adult (Edward) is desperately searching for a job to pay for his family; his grades aren't outstanding, but passable.
>Joan, a non-illegal Mexican, can't compete with Edward grade-wise, but has the idea to barter with the manager to work for $5.25 per hour, instead.
>Edward gets to hear about his competitor and decides to also lower the wage to $5.25.
>This continues until Joan is at $4 an hour.

Conclusion:

>Edward finally gives up and starts searching elsewhere
>Joan is working at a much lower wage than he wanted at first and is forced to work overtime every single day.
>The manager is throwing a party with his Jewish owner because he is much closer to becoming a millionaire than the day before he hired Joan.

America is not ready for Anarcho-Capitalism, yet.
>>
>>130113756
What is stopping me from working in the US for around five years for $15, making around 30k a year, 150k all together, then moving back to my country a rich man.
>>
>>130110871
I think you're a faggot
>>
>>130147184
Taxes most likely. Shitholes with $15 minimum wage tax you out of existence.
>>
>>130111033
The problem is that your country is 50% african not the fucking minimum wage.
>>
minimum wage is a meme
>>
>>130146632
>white people starting families
destroyed the immersion for me tbf
Thread posts: 196
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