Help me understand the impact of a $15 minimum wage?

Anonymous
Anonymous wrote:If they do something like this then it needs to be at the state level. $15/hr might not be too bad in NY but it's insane in Alabama.

If they do this, we need to stop tipping. Surely nobody thinks that a waitress deserves $15/hr AND a tip, right?


Well, since you apparently don’t realize that waitstaff doesn’t get paid the same minimum wage as everyone else, it’s hard to take seriously that you have an informed opinion on this.
Anonymous
Anonymous wrote:
Anonymous wrote:If you can’t afford to pay your employees a living wage, your company is not profitable and your business is ALREADY a failure.


+1 No more exemptions from providing leave or healthcare. All workers have the same rights, not just those who work for huge corporations.


This is a different issue. And I think you’re wrong. Minimum wage sure.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I am a Democrat that supported Biden. But I don't understand why it seems to be $15 or nothing? Can they raise the minimum wage to $10 as compromise? [b]The jump from 7 to 15 seems large[/b], and concerning in terms of job loss and cost of goods. However, I do see the argument of not taking advantage of the lower paid and raising their wages. Why can there not be a happy medium proposed? I have not yet heard of a discussion of compromise.


Wtf???


What about the fact that minimum wage workers have not had a raise in 11.5 years? Isn't that just as bad as a "jump"? What about the fact that in fact their earnings have been decreasing steadily since 1968 relative to the cost of living? In any case, it would likely be phased in.

According to something I heard on NPR, the post-civil rights era minimum wage changes had a huge effect on narrowing the income gap between blacks and whites.



There is a lot of fat at the top of the corporate milk jug. Time to shake it up.
Anonymous
How many jobs in the US will be required to increase their pay. How many jobs will be lost as a result? How much will taxes be increased to pay unemployment benefits for jobs lost?
Anonymous
Anonymous wrote:How many jobs in the US will be required to increase their pay. How many jobs will be lost as a result? How much will taxes be increased to pay unemployment benefits for jobs lost?


We won’t know the net benefits/costs for air w until we try but research suggests we will be in the black.
Anonymous
The impact of a $15 minimum wage is few jobs and more automation.

The days of going into a fast food place or retail store and transacting with a human being will be completely gone. And the people who do those jobs now, will be unemployed and sitting at home 24/7 collecting their UBI (also on the way) while you work to support their lifestyle of leisure-subsistence.
Anonymous
Anonymous wrote:The impact of a $15 minimum wage is few jobs and more automation.

The days of going into a fast food place or retail store and transacting with a human being will be completely gone. And the people who do those jobs now, will be unemployed and sitting at home 24/7 collecting their UBI (also on the way) while you work to support their lifestyle of leisure-subsistence.


I just read where a WalMart in Surf City NC has gone to all self checkout, no more cashiers.
Anonymous
Give wait staff $15/hr and do away with tipping.
Anonymous
Anonymous wrote:Give wait staff $15/hr and do away with tipping.


Or like, actually tip on top of it for great service, and put it in a tip pool.

Anyway, back of the house works as hard or harder than the front in most restaurants so this is fair.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:If you can’t afford to pay your employees a living wage, your company is not profitable and your business is ALREADY a failure.


+1 No more exemptions from providing leave or healthcare. All workers have the same rights, not just those who work for huge corporations.


This is a different issue. And I think you’re wrong. Minimum wage sure.


Workers shouldn't all have equal protections? A Starbucks employee is entitled to healthcare or FMLA but someone working for a very small business is SOL?
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:If you can’t afford to pay your employees a living wage, your company is not profitable and your business is ALREADY a failure.


+1 No more exemptions from providing leave or healthcare. All workers have the same rights, not just those who work for huge corporations.


This is a different issue. And I think you’re wrong. Minimum wage sure.


Workers shouldn't all have equal protections? A Starbucks employee is entitled to healthcare or FMLA but someone working for a very small business is SOL?

Nope, I think employer sponsored healthcare is dumb. I like single payer.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:If you can’t afford to pay your employees a living wage, your company is not profitable and your business is ALREADY a failure.


+1 No more exemptions from providing leave or healthcare. All workers have the same rights, not just those who work for huge corporations.


This is a different issue. And I think you’re wrong. Minimum wage sure.


Workers shouldn't all have equal protections? A Starbucks employee is entitled to healthcare or FMLA but someone working for a very small business is SOL?

Nope, I think employer sponsored healthcare is dumb. I like single payer.


And I also like universal sick leave and early childcare I want every employer to pay into a system that provides it. I want bigger businesses to pay a bigger percentage.


Think bigger!
Anonymous
Anonymous wrote:How many jobs in the US will be required to increase their pay. How many jobs will be lost as a result? How much will taxes be increased to pay unemployment benefits for jobs lost?


Total.outlays on benefits may very well drop. One of the problems is that many minimum wage employees don't earn enough to not qualify for medicaid, food stamps etc. If someone has a full time job then they need to earn enough to not be welfare eligible. Otherwise all we are doing is subsidising private businesses.
Anonymous
Anonymous wrote:
Anonymous wrote:Give wait staff $15/hr and do away with tipping.


Or like, actually tip on top of it for great service, and put it in a tip pool.

Anyway, back of the house works as hard or harder than the front in most restaurants so this is fair.


Pay them a proper salary and compensate them for that hard work instead.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Give wait staff $15/hr and do away with tipping.


Or like, actually tip on top of it for great service, and put it in a tip pool.

Anyway, back of the house works as hard or harder than the front in most restaurants so this is fair.


Pay them a proper salary and compensate them for that hard work instead.


That’s what I said. Tips are nice too though.
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