Minimum wage $15 an hour?

[chickenhunter]

More issues to arise out of this legislation than good. Peter Principle is in effect.

https://www.usatoday.com/story/mone...-floor-15-would-raise-pay-up-27-m/1675373001/

 

[Raising Heel]

"The hourly pay floor for tipped workers would immediately jump from $2.13 to $3.60 and then rise by $1.50 each year until reaching the $15 benchmark by 2029, CBO projects."

Does this mean we wouldn't have to tip servers anymore?

 

[WhatTheHeel?]

My question is what if you have a factory with three floor worker wage levels, say $10/$15/$20 an hour, based on the skill level of the job or something like that.

The $10/hours go to $15. Do the $15s go up since their job is higher skilled than the $10s. Then, do the $20s also have to rise with the $15s? The cost to companies, if they raise the minimum and then have to raise the others somewhat proportionally, is much higher than just simply bringing the lowest up to $15. That cost will be passed along to customers, of course.

We're fortunately starting people at $15 at our company, so we don't face this question yet. We also don't have a lot of employees...

 

[ticket2ride04]

I don’t believe in a federal minimum wage

 

[tarheel0910]

I don’t believe in a federal minimum wage

#metoo

 

[dadika13]

You wanna send manufacturing overseas cuz this is how you send manufacturing overseas.

My thought is you should want people to want to get out of minimum wage jobs by learning a trade or going to college, not be comfortable in them.

 

[carolinablue34]

Was it Roosevelt who established minimum wage?

Also I love Bernie Sanders campaign staff tried to unionize and earn 20 dollars an hour haha.

 

[tarheel0910]

Was it Roosevelt who established minimum wage?

The switch in time to save 9.

 

[strummingram]

Keep forcing the minimum wage to go up is addressing a symptom, not the problem. Make it 100 an hour eventually.

 

[heelbent]

It's ridiculous.

 

[Terror Beard]

The dems want to do it and then when everyone is out of a job, they can blame Trump for high unemployment.

Also, where the f*ck have you been @heelbent ? You haven’t been by The Colony in months either.

 

[tarheel0910]

The dems want to do it and then when everyone is out of a job, they can blame Trump for high unemployment.

Also, where the f*ck have you been @heelbent ? You haven’t been by The Colony in months either.

What's the colony? Is that his bike club that makes all the meth?

 

[Archer2]

The experiments with this in Seattle have been disastrous, particularly for small companies.

 

[uncboy10]

You wanna send manufacturing overseas cuz this is how you send manufacturing overseas.

My thought is you should want people to want to get out of minimum wage jobs by learning a trade or going to college, not be comfortable in them.

Manufacturing jobs are dying anyways.

...

Someone will always be working these minimum wage jobs. The minimum wage hasn’t been raised in over a decade despite consistent inflation and increases in the cost of living. It’s not a mystery why the working class is bleeding wealth while the top earners are getting wealthier at unprecedented rates.

The billionaire class owns our political system. They have convinced people that they will go out of business or be forced to lay people off if wages increase, despite the fact that they are making the highest profits in American history. Unions are getting hammered, and legislation reflects the wants of the super wealthy. The economy is completely imbalanced.

There’s a more complicated problem. The entire American dream is essentially built on a Ponzi scheme. The entire system is built on embedded growth obligations where companies constantly have to grow to accommodate more jobs at higher positions because the motivation for working hard is the promotion that ten different people are competing for. There aren’t enough higher paying jobs for everyone. You see this in the university system. Professors need classrooms full of PhD students who all want to become a professor. Then each of those future professors one day needs a classroom full of students. That’s how embedded growth obligations work. And the entire economy is built on them. The bottom of the pyramid will always be the biggest. There aren’t enough skilled jobs to simply say people should work their way out of minimum wage jobs. And the people stuck in those jobs need to be paid a living wage or they will have to go on welfare. If you can’t pay someone a living wage then you shouldn’t be in business anyways.

The entire economy is rigged for the elites. If people had the ability to collectively bargain for better wages then we wouldn’t need a federal minimum wage.

I’d suggest everyone look up Eric Weinstein’s talks on embedded growth obligations.

This has been my ted talk. Everyone get home safe

 

[NoleSoup4U]

"The hourly pay floor for tipped workers would immediately jump from $2.13 to $3.60 and then rise by $1.50 each year until reaching the $15 benchmark by 2029, CBO projects."

Does this mean we wouldn't have to tip servers anymore?

Probably, but it also means the level of your service would go down. What leverage do you have at that point over your server?

 

[NoleSoup4U]

Manufacturing jobs are dying anyways.

...

Someone will always be working these minimum wage jobs. The minimum wage hasn’t been raised in over a decade despite consistent inflation and increases in the cost of living. It’s not a mystery why the working class is bleeding wealth while the top earners are getting wealthier at unprecedented rates.

The billionaire class owns our political system. They have convinced people that they will go out of business or be forced to lay people off if wages increase, despite the fact that they are making the highest profits in American history. Unions are getting hammered, and legislation reflects the wants of the super wealthy. The economy is completely imbalanced.

There’s a more complicated problem. The entire American dream is essentially built on a Ponzi scheme. The entire system is built on embedded growth obligations where companies constantly have to grow to accommodate more jobs at higher positions because the motivation for working hard is the promotion that ten different people are competing for. There aren’t enough higher paying jobs for everyone. You see this in the university system. Professors need classrooms full of PhD students who all want to become a professor. Then each of those future professors one day needs a classroom full of students. That’s how embedded growth obligations work. And the entire economy is built on them. The bottom of the pyramid will always be the biggest. There aren’t enough skilled jobs to simply say people should work their way out of minimum wage jobs. And the people stuck in those jobs need to be paid a living wage or they will have to go on welfare. If you can’t pay someone a living wage then you shouldn’t be in business anyways.

The entire economy is rigged for the elites. If people had the ability to collectively bargain for better wages then we wouldn’t need a federal minimum wage.

I’d suggest everyone look up Eric Weinstein’s talks on embedded growth obligations.

This has been my ted talk. Everyone get home safe

I didn't realize you were against oppressive regulations, illegal immigration, bailouts, GAAT, NAFTA, TPP, and globalism in general. I think I like you a lot more right about now!

 

[keysersosay#1]

Many of these jobs will be GONE forever in 5-10 years. AI and automation is real . Companies like Mcd's are using kiosks and other robotic means to process orders.

This drive for the $15 hr wage is accelerating FAST cos drive to automate jobs that are now being done by people

 

[dadika13]

Was it Roosevelt who established minimum wage?

Yeah. The Supreme Court ruled that it was unconstitutional in 1935 but then they changed their mind in 1938.

I actually blame WW2. By 1938 there was pressure to bump up our production so a thing FDR normally wouldn't get through got through.

 

[NoleSoup4U]

Yeah. The Supreme Court ruled that it was unconstitutional in 1935 but then they changed their mind in 1938.

I actually blame WW2. By 1938 there was pressure to bump up our production so a thing FDR normally wouldn't get through got through.

I read somewhere that he forced their hand by threatening to make SCOTUS a nine judge court so that he could load add two more judges who would support him...or maybe that was The New Deal.

 

[tarheel0910]

I read somewhere that he forced their hand by threatening to make SCOTUS a nine judge court so that he could load add two more judges who would support him...or maybe that was The New Deal.

The switch in time to save 9.

 

[NoleSoup4U]

My bad, homey. I missed that post.

 

[tarheel0910]

My bad, homey. I missed that post.

All is forgiven.

 

[NoleSoup4U]

All is forgiven.

I was waiting for the "Homey don't play dat!" gif.

 

[dadika13]

I read somewhere that he forced their hand by threatening to make SCOTUS a nine judge court so that he could load add two more judges who would support him...or maybe that was The New Deal.

Everything I’ve read in the past around his judge packing threat was around many different New Deal bills, not just the minimum wage legislation. I could be wrong.

Imagine if a POTUS today tried something like that. I think AOCs head would explode if Trump tried something similar...so for that reason alone I hope he does.

 

[Grayhead]

So being a small business owner, here is my take on this.

I do fixed contract work for the most part. I take contracts at a nuclear facility as well as other commercial and residential places. I tend to shy away from new home construction since it was hard to win contracts against st my competitors. (Mainly during the recession and shortly thereafter)

I do take on some cost plus work, but since these contracts with the nuclear plant, I haven't had the need. Last years hurricane put me back into the residential field and have been building a good crew for that work. My entry level pay for a skilled board toter is 11-12 bucks and hour. This is really to high, but finding someone with a car and not strung out is next to impossible in my area. Pay advances as they learn more. My top leadman gets $35 per hour. Let's say they enact this. Would it be right for me to adjust only the entry level and not the whole scale? Do I charge more and risk losing out to other bidders? One solution is to completely cut that position and rely on the higher paid men to cover those duties.

 

[heelbent]

Also, where the f*ck have you been @heelbent You haven’t been by The Colony in months either.

I'm a slacker there, no doubt, but I'm here much more than you realize...I just don't post very often.