Democrats getting a lesson in Economics 101

[Anonymous]

Anonymous wrote:So, if the burger flipper is making $20/hr, everyone "above" him/her will also need a wage increase.
This is just stupid. Minimum wage jobs are not intended to support a family. Never have been.

Please cite your sources about the “intention” of minimum wage jobs.

My grandfathers both worked their entire lives in service jobs and were the sole earner providing for their large families.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Wait, WHO printed all that money during 2020? Ppp loans? Ertc? Who was potus???

+1

The GOP seems to have memory-holed 2020 and when Biden became president.

Here's the problem Democrats love to dismiss. Democrats 1 billion percent wanted all of that to happen. PPP Loans etc. Does anyone recall anyone, much less Democrats saying NOT to do any of that? Was there one press conference saying NO don't bail out businesses with PPP Loans etc? GTFOH. Democrats were all on board with it and were screaming to pay people to stay home!

Republicans meanwhile were largely correct in first-guessing all of Lockdowns, crazy mandates, shutting down schools, playgrounds, insanity that can fill up a page.

Democrats wanted the PPP loans with oversight. Trump just printed up the money and even sitting congressmen took millions. Compare that to how the Dems do it, with oversight and clawbacks, actually taking care of the public money. Ultimately, Trump was in charge. If he didn't want the PPP loans to help stabilize the workplace, then he shouldn't have done it. Stop blaming the democrats for everything.

Also, Trump did the worst of both worlds. He shut the everything down, and then mid-stream, forced everything back open. Had he let everything srtay closed for another week or two, the country could have gotten its head around managing things. Instead, he took both the economic hit and the social hit.

And yes, without a vaccine, we did need to distance and mask. That is just science. But then, people like you don't believe in that because Dear Leader said so.

This is the biggest lie on here.
I remember reading from the liberals that to limit PPP loans or continued unemployment payment or the stimulus checks to those who REALLY needed it would be too cumbersome and the money wouldn't get to people in time.
Your recall of events is outright wrong.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Fast food restaurants in California are raising prices and laying off workers since the $20 minimum wage for FF workers into effect on April 1st. What did they expect? That restaurants would pay this wage and graciously not raise prices? Those jobs were never meant to provide a living wage. Just causes more inflation and those workers are right back to where they were. Let’s see how many of those workers come off social safety net programs with the higher wages. I’m betting very few. Why don’t democrats understand how capitalism works?

Most fast food fast food places are moving to robots. So this is basically a non issue.

Does´fast food’ contain any actual food? Not much.

[Anonymous]

Anonymous wrote:

Anonymous wrote:So, if the burger flipper is making $20/hr, everyone "above" him/her will also need a wage increase.
This is just stupid. Minimum wage jobs are not intended to support a family. Never have been.

Please cite your sources about the “intention” of minimum wage jobs.

My grandfathers both worked their entire lives in service jobs and were the sole earner providing for their large families.

DP and so did mine, in construction. That would be impossible now due to the influx of cheap exploitable immigrant labor.

Minimum wage is a starting point to get people on a ladder. It is true that unfortunately, a few people never get past that - usually there is some kind of cognitive disability, and those people may always need some help to make ends meet. However, the vast majority of workers do not make minimum wage their entire lives.

I am very glad that Gov Youngkin vetoed the increase to 15, because I worry about my kids being able to get their first jobs as teens if there are fewer entry level positions.

What is needed is not a minimum wage increase, but more freedom and incentive to build more housing, and more affordable housing, which is currently being restricted by a combination of NIMBYism, rent controls, and a plethora of other restrictions and regulations. Subsidies do not address the fundamental issues.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Fast food restaurants in California are raising prices and laying off workers since the $20 minimum wage for FF workers into effect on April 1st. What did they expect? That restaurants would pay this wage and graciously not raise prices? Those jobs were never meant to provide a living wage. Just causes more inflation and those workers are right back to where they were. Let’s see how many of those workers come off social safety net programs with the higher wages. I’m betting very few. Why don’t democrats understand how capitalism works?

And don’t forget, Panera Bread is exempt from this new minimum wage law. Panera has 24 locations in California all owned by Gregg Flynn, Gavin Newsom’s friend and billionaire campaign donor. Why does Panera get a break and other FF chains don’t? Talk about corruption and crony capitalism. If minimum wage laws actually worked (they don’t) then they should apply to all these businesses not just the ones that aren’t owned by a friend of the Governor. What a joke.

No, right wing propaganda victim, it is not. https://la.eater.com/2024/3/1/24087062/california-fast-food-ab-1228-panera-minimum-wage-exception-gavin-newsom-bread

Did you actually read the article you pasted from your liberal source? Lots of “mays”, “coulds”, “shoulds” but nothing definitive. Newsom is backtracking because he got caught red-handed favoring his political donors. Besides, why should bakeries be exempt while other businesses aren’t? So Gov Hair Gel Newson doesn’t care about the poorly paid workers in bakeries? Also I didn’t think democrats liked Billionaires….what’s up with that? Another victim of left wing propaganda left in the dust.

This is a bold face lie. They are not exempt and no one is backtracking. The minimum wage did not go from $16 to $20. It went to $17.28 per hour.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This is going to kill small Mom and Pop businesses.

Only if mom and pop don't know how to do math. Again labor cost in fast food is usually only 25-30% of the product cost and raising wages from $16 an hour to $20 an hour only works out to about $0.35-$0.40 on a $5 item.

^ Hilarious to watch the uninformed try to explain bad policy away.

If this is wrong then cite your sources and show your math.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This is going to kill small Mom and Pop businesses.

Only if mom and pop don't know how to do math. Again labor cost in fast food is usually only 25-30% of the product cost and raising wages from $16 an hour to $20 an hour only works out to about $0.35-$0.40 on a $5 item.

^ Hilarious to watch the uninformed try to explain bad policy away.

For someone who is "hilarious and uninformed" I started, managed, grew and retired from several successful and thriving businesses, and have done a countless number of detailed cost buildups, pricing models and business plans over the last several decades and learned how to do it well to make businesses thrive and adapt to external changes that affect costs and pricing. Have you? And from my experience, many small business owners are actually not that good at doing those things, which is part of why many small businesses fail.

[Anonymous]

Anonymous wrote:So, if the burger flipper is making $20/hr, everyone "above" him/her will also need a wage increase.
This is just stupid. Minimum wage jobs are not intended to support a family. Never have been.

I hope CA soon learns the ramifications of such a dumb move. Sad thing is, the people of Ca will suffer as a result.
Another reason dear Gavin will never be president. We don't want to make the US California. He has screwed up everything he has touched.

And, Gavin seems to have ensured that HIS businesses are exempt......

California’s fast food franchisees must hike their minimum wage to $20 an hour under a law Gov. Gavin Newsom (D.) hailed as "extraordinarily beneficial." His own luxury restaurants, meanwhile, are paying their workers less.

Active job listings for Newsom's PlumpJack Cafe, which touts its status as "Lake Tahoe's premier dining destination," advertise "busser," "host," "server," and "food runner" positions with $16 hourly wages. The restaurant is located steps from Palisades Tahoe—California's top ski resort—and features a full bar, fine wines including a $5,300 bottle of Burgundy, and high-priced entrees. Pan-roasted Norwegian salmon, for example, costs $49, while the prime New York strip costs $67.

Another Newsom-owned restaurant—the Balboa Cafe, located in San Francisco's fashionable Marina district—is also hiring. The restaurant seeks an "on-call cocktail server" for $18.07 per hour, according to an online posting. The cafe also offers a full bar and an array of luxury items, including a $38 charcuterie board, $27 wild mushroom risotto, $24 "mussels mariniere," and a $38 filet mignon.

The restaurants' hiring sprees come as the Newsom-backed fast food minimum wage law, which took effect Monday, prompts layoffs and price hikes across California. Starting this month, pizza chains will permanently fire hundreds of workers, state records show. Burger King and other fast food franchises responded to the law by raising prices.

I don’t love Newsom but this is really dumb. Fast food workers aren’t tipped like sit down restaurant workers are, that’s the difference, not what Newsom owns.

[Anonymous]

Consumers are eating out more than ever. Nearly 53,800 restaurants opened their doors last year. Up 10% from last year, and even higher than pre-pandemic. Some of the fastest-growing restaurant categories include dessert shops (up 66% in 2023 compared to 2022), creperies (+63%) and hot pot joints (+53%).

We can complain about food prices all we want, but clearly people have enough money and confidence to spend on going out to eat. Even the types of restaurants growing fastest are definitely very discretionary spending types of places (dessert shops, creperies). Prices may be up but incomes are up more.

[Anonymous]

Anonymous wrote:Fast food restaurants in California are raising prices and laying off workers since the $20 minimum wage for FF workers into effect on April 1st. What did they expect? That restaurants would pay this wage and graciously not raise prices? Those jobs were never meant to provide a living wage. Just causes more inflation and those workers are right back to where they were. Let’s see how many of those workers come off social safety net programs with the higher wages. I’m betting very few. Why don’t democrats understand how capitalism works?

The insanity of Democratic politicians from California is not a representation of people in this country that identify as Democrats. Californian politicians are in their own sinking boat. Leave the rest of us out of it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:So, if the burger flipper is making $20/hr, everyone "above" him/her will also need a wage increase.
This is just stupid. Minimum wage jobs are not intended to support a family. Never have been.

I hope CA soon learns the ramifications of such a dumb move. Sad thing is, the people of Ca will suffer as a result.
Another reason dear Gavin will never be president. We don't want to make the US California. He has screwed up everything he has touched.

And, Gavin seems to have ensured that HIS businesses are exempt......

California’s fast food franchisees must hike their minimum wage to $20 an hour under a law Gov. Gavin Newsom (D.) hailed as "extraordinarily beneficial." His own luxury restaurants, meanwhile, are paying their workers less.

Active job listings for Newsom's PlumpJack Cafe, which touts its status as "Lake Tahoe's premier dining destination," advertise "busser," "host," "server," and "food runner" positions with $16 hourly wages. The restaurant is located steps from Palisades Tahoe—California's top ski resort—and features a full bar, fine wines including a $5,300 bottle of Burgundy, and high-priced entrees. Pan-roasted Norwegian salmon, for example, costs $49, while the prime New York strip costs $67.

Another Newsom-owned restaurant—the Balboa Cafe, located in San Francisco's fashionable Marina district—is also hiring. The restaurant seeks an "on-call cocktail server" for $18.07 per hour, according to an online posting. The cafe also offers a full bar and an array of luxury items, including a $38 charcuterie board, $27 wild mushroom risotto, $24 "mussels mariniere," and a $38 filet mignon.

The restaurants' hiring sprees come as the Newsom-backed fast food minimum wage law, which took effect Monday, prompts layoffs and price hikes across California. Starting this month, pizza chains will permanently fire hundreds of workers, state records show. Burger King and other fast food franchises responded to the law by raising prices.

I don’t love Newsom but this is really dumb. Fast food workers aren’t tipped like sit down restaurant workers are, that’s the difference, not what Newsom owns.

This. Tipped servers have made about $2.00 an hour for decades because as long as their hourly plus tips equals at least minimum wage, owners are adhering to the law. $18.00 an hour plus 20% of every bar tab at a swanky resort sounds great to me!

[Anonymous]

Anonymous wrote:

Anonymous wrote:Fast food restaurants in California are raising prices and laying off workers since the $20 minimum wage for FF workers into effect on April 1st. What did they expect? That restaurants would pay this wage and graciously not raise prices? Those jobs were never meant to provide a living wage. Just causes more inflation and those workers are right back to where they were. Let’s see how many of those workers come off social safety net programs with the higher wages. I’m betting very few. Why don’t democrats understand how capitalism works?

The insanity of Democratic politicians from California is not a representation of people in this country that identify as Democrats. Californian politicians are in their own sinking boat. Leave the rest of us out of it.

Democrats in Congress proposed the PRO act that would nationalize California's AB5. When this didn't pass, Biden passed it as a regulation. The difference between California and national Democrats is that in California Democrats have more numbers to pass more crazy ideas. We see this in lots of cities where they ban plastic bags in grocery stores.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Fast food restaurants in California are raising prices and laying off workers since the $20 minimum wage for FF workers into effect on April 1st. What did they expect? That restaurants would pay this wage and graciously not raise prices? Those jobs were never meant to provide a living wage. Just causes more inflation and those workers are right back to where they were. Let’s see how many of those workers come off social safety net programs with the higher wages. I’m betting very few. Why don’t democrats understand how capitalism works?

The insanity of Democratic politicians from California is not a representation of people in this country that identify as Democrats. Californian politicians are in their own sinking boat. Leave the rest of us out of it.

Democrats in Congress proposed the PRO act that would nationalize California's AB5. When this didn't pass, Biden passed it as a regulation. The difference between California and national Democrats is that in California Democrats have more numbers to pass more crazy ideas. We see this in lots of cities where they ban plastic bags in grocery stores.

Banning plastic bags counts as a crazy idea?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Fast food restaurants in California are raising prices and laying off workers since the $20 minimum wage for FF workers into effect on April 1st. What did they expect? That restaurants would pay this wage and graciously not raise prices? Those jobs were never meant to provide a living wage. Just causes more inflation and those workers are right back to where they were. Let’s see how many of those workers come off social safety net programs with the higher wages. I’m betting very few. Why don’t democrats understand how capitalism works?

The insanity of Democratic politicians from California is not a representation of people in this country that identify as Democrats. Californian politicians are in their own sinking boat. Leave the rest of us out of it.

Democrats in Congress proposed the PRO act that would nationalize California's AB5. When this didn't pass, Biden passed it as a regulation. The difference between California and national Democrats is that in California Democrats have more numbers to pass more crazy ideas. We see this in lots of cities where they ban plastic bags in grocery stores.

You still have to separate the will and agendas of politicians from the political desires of their voters. Politicians of our two major parties don't act on behalf of 95% of their voters. They have no choice but to prioritize the wishes of their wealthy donors. Our government is not currently functioning in a manner that is for the people and by the people.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Wait, WHO printed all that money during 2020? Ppp loans? Ertc? Who was potus???

+1

The GOP seems to have memory-holed 2020 and when Biden became president.

It’s like adrenaline. You need to stop pumping it into a person once they have gotten enough. It would have been stupid NOT to try something when the economy was stopped cold just like it WAS STUPID to keep pumping after things stabilized and reopened. That’s not hard to understand.