/biz/ - Business & Finance

>>26117388
Imagine thinking getting a job at Wendys is a good idea. You retards can find better jobs you just refuse to improve yourself. Fix your resume, learn how to interview and people will actually fucking hire you. Show up on time, learn as much as you can a dont be a fucking idiot.

Imagine being as fucking economically illiterate as OP and then posting here.

>>26117388
Well, I hope she isn't still working at Wendy's. You would have to be retarded to still be working there after 20 years.

>>26117388
The US is irreversibly fucked. Saving up shekels to move to Hungary.

Find a new hobby. Preferably on a different forum.

>>26117467
NOOOOO BUT I'M SPECIAL I SHOULD BE DOING MORE THAN JUST A COG IN THE MACHINE SUSTAINING THE SYSTEM I NEED TO BE A TIK TOK STAR!!!

>>26117388
Nice b8

>>26117394
It's okay bitch, they'll just get a robot instead. No worries.

Something like 2-3% of the workforce is minimum wage. Half of them are under 25. It is a non-issue.

>>26117467
oh look. he's attacking the people who work fast food jobs personally instead of the systemic problem that the intelligent people are actually discussing. great job, dude.

>>26117546
>Hungary
You mean Iraq 2.0? The joos are going to get biden to sanction and invade that place so fucking quick.

>>26117467
>Get a job you lazy retards
>Actually, I meant to get the RIGHT job
>WTF, why would anyone employ you if you dont have a degree, lol?
>WTF, imagine falling for the college meme
>Guess you should have though about how you were going to pay your student loans once you got that degree, huh?
>Why would I hire you, you have a degree and will be asking to be paid way too much
>What do you mean you're a socialist? Yeah, I'm sure that will totally catch on
>WHAT DO YOU MEAN DRUMPF LOST TO A SOCIALIST!?!?!?!

You fucking retards are doing it to yourselves and I can't stop laughing.

>>26117696
How many are within $5 of minimum wage though

Nobody is forcing people to work low paying jobs. If i owned a business and was hiring at minimum wage and couldn't find someone to work for me at those wages id increase them. But if i get a lineup of people for interviews why should i increase it?

>>26117696
>Raising the federal minimum wage to $15 an hour over time would boost paychecks and reduce poverty. A recent study from the Congressional Budget Office found that a minimum-wage increase to $15 by 2025 would increase paychecks for roughly 27 million American workers and lift 1.3 million out of poverty.
nonissue, huh

Universal Basic Income when? That would be a better solution than just raising the minimum wage, but I do agree the minimum wage should be $30 at this point.

>>26117812
>if I have hordes of desperately poor people willing to work slave wages why would I increase them
yeah i dunno good question, dude. i guess you're just an asshole, so we need a little state intervention to force you to do the right thing. oh well.

>>26117394
retarded take because small businesses always get fucked harder than big businesses by a min wage increase, yet liberals always claim that "hurr durr i don't hate small businesses I just hate large businesses".
Amazon pays its workers $15 an hour and they push for a $15/hr min wage? why? because they know they'll fuck over all the other retailers who don't have robots that do everything for them.
>>26117750
college is only worth it for stem. either get a stem degree and be a code monkey or get into a trade.

>>26117913
nobody cares if your shitty small business that can't afford $15/hr goes under.

>>26117388
N

>>26117388
>Current federal minimum wage
And yet I know not one place that pays under $9 in central Ohio
Minimum wage could be higher though
>>26117394
But Marxists are infinitely retarded

There're only two people I truly hate: people who hate me, and marxists of any kind

>>26117720
Nah, Russia is right around the corner. I'll take my chances regardless.

>>26117913

If anything it’s the people against raising minimum wage that are corporate shills. Taxpayers should not be subsidizing your employees via welfare like Walmart.

>>26117913
people who work for the big businesses get fucked too. say if min wage goes up $5, do you think everyone's hourly rate at amazon is going up too? nope, you still have to fight for that shit in your yearly salary review

>>26117720

>he fell for the Orban meme

Viktor is corrupt as fuck just like any other politician. He also hates Muslims. Hungary is a true 2nd world country. It’s alright but it’s not your stormtard paradise.

t. Lived in Hungary

>>26118069

I really could not give a fuck. I’m not such a sociopath that other people have to suffer for me to feel good about my station in life.

>>26117388

>>26117820
>poverty
>>26117797
Pic rel

>Raising minimum wage helps out the poor and middle class

Actually it just makes running small businesses more expensive which further ruins your chances of breaking the 1% and pushes the economy more in favor of big business

>But people need more money to live

OK, become a construction worker, or a roofer, or a warehouse worker, or work at a fishery, etc. Plenty of jobs you can get without an education that pay better than minimum wage.

>But that still won't help people support their family

Welfare exists for a reason

/thread

>>26118143
it's not enough that i should sucsneed, but that others fail

>>26117709
Sorry you work in fast food. Good luck.

>>26117953
yes i hate big companies so much i want them to take over everything.
small businesses employ 49% of the workforce. them going bankrupt will cause tons of unemployment.
>>26118035
>>26118069
why does amazon support a min wage increase then? big companies have enough capital to buy robots. big companies can replace their checkout lines with self checkout machines. pretty much every big store I've been to has a self checkout machine, and those have 1 employee for 12 machines. your local store can't do this shit. If anything, a minimum wage increase gives more power to larger companies.
That being said I think we should probably just have different rules for different companies.

>>26118251
do people unironically think they're ever going to join the 1% through hard work lol

>>26117820
This
Just look at the data, in this case nowadays it makes sense
Sometimes unions are bad and corrupt, sometimes workers need bargaining power against neocon corporations, it just depends on the time and situation
People who put politics into it or just think out of their ass and say "well I think this would happen" and then vote on it, are usually some of the most out of touch people I know
>>26118251
Like this guy who makes theorizations and then accepts them without testing them
Almost as bad as Marxists

>>26118344

>>26118459
Am I supposed to give a fuck about this tranny opinion? You must be posting this ironically.

>>26118459
absolutely delusional.
programming actually takes skill and effort. if it were so easy why don't you do it?

>>26118420
>Minimum wage is raised
>Companies with fuck off money like Amazon have no problem paying more money they just find it annoying
>Small businesses, that take an average of 3 years to finally become profitable, and are most likely scraping by during the pandemic and economic depression, literally can't afford to pay their workers extra but have to anyway

you're an idiot

>>26118337

>>26118155

Kek. Kind of like how conservatives are supposedly pro-working people, but want to see them all poor and apparently don’t think they deserve to make money.

>>26117388
she would be advised to suck my cock to expand her knowledge and improve her life in general

>>26118251

Same shit was said about everything from the 8hr workday to ending child labor. No one cares if your unproductive, uncompetitive business can’t afford to pay someone enough to eat. And taxpayers should not be subsidizing your employees via welfare.

In the end, the dynamic, innovative businesses survive and the Boomer shitshows go under. Creative destruction.

>>26118459
I understand their frustration with the system, but this comment is just delusional lmfao.

>>26117388
how about we audit the fed to find out how we're all being jewed
maybe we can stop the runaway devaluation of savings and labor

>>26118350

Lmao paying people enough to eat will not bankrupt your shitty t shirt kiosk. Your profit margins will go from 33% to 24%. There is NO statistical evidence for minimum wage increases, especially when simply tracking inflation, bankrupting businesses. Keep swallowing that propaganda.

>>26118524
>programming actually takes skill and effort
g8 b8 m8

Most companies nowadays hire python trannies, most easiest language made for brainlets and poos

>>26118524

So much skill and effort that fucking 18 year olds go to coding camps for the summer and can do it. Some of the biggest retards I know are programmers. Half your shit is just copying existing stuff anyway.

>>26118679
no anon don't you remember what happened last time?

Increasing federal minimum wage would have a positive net effect on all wages.
>minimum wage is $15
>wtf I only make $15 now, pay me more
>Hey now that guy makes as much as me, pay me more
>and so on
It also forces companeis like Walmart to stop subsidizing their workforce with welfare and other low income benies that we're all paying for.
My only gripe against minimum wage hikes is that they're never met with any kind of tax reductions. It's basically fucking you in both ends to increase your payroll and taxes at the same time which you can bet your ass is going to happen.
>>26117467
No one is saying you should stake your entire life on working as a Wendy's cashier, the point is that as COL and all other products, services, and assets raise due to inflation wages have severely lagged.
>>26117524
Or you could have moved up to one of their corporate level positions.

Everyone take fucking note of the amount of twitter bullshit flooding this thread. Like sewage out of a backed up drain.
These NPCs are illogical, crude, snide, belligerent, and blind. The only thing they have to fake their moral integrity is blue checkmarks on a social media app. Complete fabrication. That's why you see so many personal attacks.

>>26117388
oh god, people who aren't hedged in bitcoin are gonna be toast
imagine thinking increasing welfare or even UBI is actually possible now that deficit spending is higher than taxation revenues, meaning the money printing is increasingly accelerating, so the hyperinflation is already set in motion and it cannot be stopped
now people are starting to demand for free money
next ones asking for free money will be small and medium businesses going bankrupt, joining the welfare state together with the old poors
pension funds and 401k are also toasted
bretton woods 2.0 is coming
great reset is not a joke
central banks now have two options, let people starve or hyperinflate
soon minimum wage will be 20$
then 30$
then 50$
and a burger will be 100$
BTC at 1M will be crazy cheap
owning a house will be a remote dream
you will own nothing, be miserable, eat the bugs, rent your clothes and be forced to wageslave 40h a week with some fake unproductive job just to keep you busy into the rat race

>>26117467
>t. Channer Neet

>>26117750
Based

>>26118799

The system is designed to benefit the largest capital owners and no one else. They’re quite open about this.

>>26117750
degree != skills
i have a master's degree in engineering and pretty much all i learned i did it by my own
academy is a pretty good way to stay a wageslave forever, they don't teach you financial literacy in school
if you can't understand this, you gonna be toasted bro
your value is determined by the difficulty for a company to replace you

>>26117820
Easy, people here only like chewed up "facts" thats they already agree with, with zero fact checking.

>>26118727
Its obvious the only one who will be negatively affected by this is Shekelkike, yet 4chin is coming out of the woodwork to act like this is a bad thing. This is a very strange time we're living in, what happened to this site?

>>26117988
>central Ohio
stay mad flyover cuck

>>26118648
>Comparing raising the minimum wage to 8hr workday and ending child labor

lmao jesus christ learn an important skill or keep flipping burgers for 8$ an hour you will never, ever get paid more you lazy fag.

Any increase to the minimum wage should exempt small businesses. Small businesses generally don't make much profit. Many if not most small business owners would be better off working a job. The reason they take on the stress of running a business is the dream of growing it into something bigger one day.
Forcing small businesses to play by the same rules as mega corporations will kill that dream for many.
Most small businesses fail, but some of them do something innovative and succeed, eventually becoming large businesses which add to the economic health of their nation. Big companies see that as a threat though, so if they can shut down the mom and pop operations, it's easier for them to rest on their laurels and spend less on r&d.

>>26118741
>>26118774
ok why don't you do programming instead of complaining about your job faggot.
>>26118727
have you seen how many small businesses are currently struggling under the pandemic? would it be better for those small businesses if they had to double labor costs? Also read the last sentence in my post you faggot.

>>26118990
Man,

>>26118648
This. Increases in productivity and profits should be may with increases in pay and working conditions. Government intervention probably wouldn't be necessary if it wasn't for migration and offshore relocation, and market economics could do their job, bit since no-one is going to stop that, a mandatory minimum wage is the next best thing.

Get rid of minimum wage, get rid of all well fair, get rid of medicare, give everyone $2000 a month. Replace all taxes with one flat tax on what you buy/sell. Limit terms to 10 years for all elected officials. Give every citizen the option of free 2-4 year military training after High School.

>>26118832
> you will own nothing, be miserable, eat the bugs, rent your clothes and be forced to wageslave 40h a week with some fake unproductive job just to keep you busy into the rat race
accelerationism seems pretty based.

lmao /biz/ is so full of bootlickers its hilarious

>I accept the deal and got fucked, you should too

>b-b-b-but soon ill own my own multi-million dollar business with thousands of employees that i want to exploit too

>muh imaginary ma and pa shops that could survive walmart and amazon but can't survive re-balancing the employee payroll

>muh robots and automation magically phase in at full-scale production at $15 minimum wage
>no please ignore the fact corporations are counting down to this moment regardless of minimum wage

>"say good bye to your comfy tips!!!"
>as if tipping culture wasn't fucking disgusting and predatory

>>26118989
Alt right that IS not right in the Head took over.
Also, people here are tools.

>>26118774
Why dont you become a programmer if its so easy? Most make a min of $60K in the US. Quit being a fucking retard.

>>26119010
>paid $15 to put fries in fryer
>paid $7.50 to man cash register at mom and pop bakery

wouldn't the incentive then be to work at mega corporations?

>>26118989
>what happened to this site?
2016 boomers and migtards

>>26118251
>just get a better job
mass immigration + the lower minimum wage makes it pretty fucking easy to pay people peanuts.
I've seen job ads for analysts with college degrees and 3 years experience offering 45k.
Obviously that is uncommon but even a roofer or construction worker layman like you use in your example has been swapped out for some spic with a hammer. Unless you're in a union you make jack shit.
What do you have against actually making a little more money?

>>26118741
>>26118774
oh duh just learn to code. typing on keyboard is so easy a monkey can do it. 6 figures starting for everyone :^)

>>26119010
>Forcing small businesses to play by the same rules as mega corporations will kill that dream for many.
they can't
cause corporations (don't) pay taxes in caymans and it's legal for them
small businesses are force to pay taxes by IRS mafia for literally no reason
deficit spending is higher than taxation, if they really want to steal your purchasing power, they can do it passively, but no, they also want to target you actively
the system is rigged, go into debt to buy bitcoin and watch the system collapse under its weight

>>26117388
in which states/jobs are people literally making $7.25?

I know in NY the minimum wage state-wide is $15/hr

>>26117388
Society needs a lot of people at the bottom rungs to function and for the lights to stay on, if any of them are even remotely intelligent they will drag themselves up within time and will have a better life but many more won’t and will stay where they are complaining about their situation which has been the case since time began

>>26117388
A bootlicker is a libertarian concept. Libertarians dont believe in minimum wages, thats a socialist thing, which is done by the state, who libertarians oppose. Bootlicker is a term for the person in the cap. Licking the socialist states boot for gibs.

>small businesses will have to pay double and they definitely can't afford that!!!! (not true because it's a stepped increase but)
>conveniently ignore the increased revenue that comes with it

>>26119274
Dunning-kruger midwitism at it's finest

Hide shill threads
Do not reply to shill threads
Do not reply to shill posters
Sage

>>26119243
Probably only very remote areas or parts of the south / midwest
The lowest amount of money we pay anyone at the restaurant I work at is $13/hr and that is for a dishwasher who literally speaks 0 English and is genuinely clinically retarded.
Pretty much any coastal city is already doing this.
We pay 17 year old hosts $15/hr
>>26119336
>increased revenue that comes with it
huh?

>>26118727
you probably also think inflation is less than 2%
and you probably also think CPI is the real inflation
oh god, you are in for a rude awakening

my unironic belief about this is that we should raise the minimum wage but exempt small companies.
also we should be going after companies like amazon who don't pay taxes. your local small business gets raped by taxes while amazon pays zero tax. if amazon and other fortune 500 companies paid taxes, we could support the welfare system. also the fed lends to big companies and not small companies, the main street lending programs are a joke.

>>26118549
>Assumption
>Assumption
>Assumption
Or you could actually look at trials of places where they did just that and none of those things happened

Or you could just continue to let wealthy megacorps lobby to import millions of immigrants and inflate the labor market so you don't have to undergo cognitive dissonance, retard

>>26118344
>hey look, he continued the ad hominem attack, despite not knowing how much I make (it's probably more than you)

Lets me real. The only people seething over this are NEETs who cant stand the thought of waggies getting a nice raise & midlow waggies making $20-$25/hr who cant stand the thought of burger flippers making a comparable wage to them. It's all just jealousy... And /pol/tards using this as an excuse to screech the sky is falling

>>26118350
>implying all small businesses pay minimum wage and will be forced to go under
no, just the beyond shitty ones.

OP is right, /biz/ is just full of greedy scumbags who don’t care about human suffering.

If changes in the minimum wage have any actual impact on your life you’re a poor faggot

Imagine caring what the lowest rung of society makes unless you’re among that class

>>26119336
Fucking retard.

>>26117388
The hatred here is misdirected. The zoomers are right that minimum wage hasnt kept up with inflation at all, and the boomers are also right that the billionaires will just increase prices so their profit margins stay roughly the same. But why is everyone ok with the top 0.1% just getting 90% of all the money? Why do the billionaires just get a pass no matter what?

Almost every single small business owner I know (and I know a fuckton) pays their employees considerably more than minimum wage, because they don't have the economy of scale benefits major companies do where they can just churn through employees like a meat grinder. They have to pay well or they don't keep employees, which has a way bigger effect on small businesses. Obviously this doesnt include the business owners I know who have actual minimum wage/minimum effort positions like pumping gas or being a cashier.

Its almost exclusively major billion dollar corporations fighting to keep minimum wage lower, and honestly fuck them. The only real exception is the food service industry, but honestly actually good restaurants dont have problems properly paying their employees either, and there's a glut of terrible restaurants that should have gone out of business long ago if not for the fact that their staff works for commission.

>>26118350
>why does amazon support a min wage increase then?
maybe because they want some good PR and realize being against a min wage increase would make them look like monstrous ghouls? get a clue.

>>26119622
>business and finance
pick one between
>greedy scumbags
>caring about human suffering
you are welcome
this is not a fucking charity board
begging is not allowed

>>26117467
some people are low IQ. doesn't mean they don't deserve a living wage

>>26119494
>Goo get the money from where the money at!
This is the thinking of the typical socialist
There is already a whole host of taxes and requirements small businesses are exempt from, defined by # of employees and revenue
Most of the people ITT are talking out of their asses and don't even know the situation or how it works to begin with
That said, I'm for an increase to $15 on the state by state level
$15 minimum wage in texas would be kinda retarded, for example

>>26119674
This lol

>>26118350
>why does amazon support a min wage increase then?
because it's gonna raise the bar to run a SME
the more are the businesses going bankrupt, the more money amazon is going to make money

>>26119594
yes, and what's especially retarded is all they do to "argue" against it is repeat falsehoods like increasing the minimum wage even $1 will cause rampant inflation. get out of your fucking echo chambers, or maybe just stay in them and spare us your idiocy. there's a reason I don't go to /pol/ anymore. I would appreciate it if you fags would stay out of /biz/.

>>26119601
yes, most small businesses right now are totally not struggling and can totally double labor costs.
go to local shops and see how shit business is right now for them.
>>26119685
false. if you think jeff bezos does shit out of the goodness of his heart you are stupid.
amazon invests tons in automation and a min wage increase helps them. it'll fuck over brick and mortar retailers who don't have like 5 million robots doing shit for them.
>>26119734
a small business does not pay zero tax. amazon does. why does this make sense?

>>26117467
Faggot

>>26117709
>not THOSE bootstraps

>>26119757
Same reason walmart is for it

>>26119800
>a small business does not pay zero tax. amazon does.
It gets even worse than that. Amazon collected over $4bil last year in taxpayer subsidies

>>26117913
Okay just impose greater minimum wage guidelines for corporations with over 500 employees. $10 for small businesses, 12.50 for medium and $15 for large.

Simple as hell. Not like Walmart and Amazon are going to tank for paying people a living wage.

>>26117812
Because morals should tell you to pay people proportionally to their value if you can afford to, because not everybody is a "rational actor" extracting every penny of profit from others labor. A millionaire in a desert is dying of thirst, you can charge him a million dollars for your water. I wouldn't, you would. That's the disconnect.

>>26119696
So you concede that OP is right?

>>26119696
>Thinking that exploiting people is more profitable than creating wealth for people
How can I tell that you're poor?

>>26119800
>small business does not pay zero tax. amazon does. why does this make sense?
Because they put their fucking money through ireland etc, retard, a small business does not have the resources to find every tax loophole available
"Amazon pays 0 tax" is a normie trap

>>26119860
>pic related
These bootstraps then, anon?

>>26119800
>yes, most small businesses right now are totally not struggling and can totally double labor costs.
let me guess, you're one of the retards who thinks the minimum wage will literally double overnight

>>26119987
Sure, I'd be behind this.
also get rid of the tax loopholes that bezos uses too while you're at it. and end corporate subsidies and bailouts and audit the fed. the entire government is rigged against the average person and small businesses.

>>26120087
Also who owns a small business with minimum wage employees any more.

Do you realize how incredible niche that is? What would a small business with a minimum wage employee look like?

>>26117388
imagine being old enough to wagecuck in 1998 and still sounding like a teenager on twatter

>>26120087
The people in charge of making the laws could do this, but they don't. Wonder why?

>>26119674
Because of the Pareto principle and how it pertains to wealth distribution just as it pertains to all distribution.

government trapping you retards once again lol
the dollar is continuously losing value raising your minimum wage is cool but you fight at this point effectively for 2$ of purchasing power/h
what you should do is protest because fiat money fucking you dumb faggots in the ass like no human being ever before.

>>26119068
the sad part about this is that you likely part of the crowd who believes conservatives campaign agains ttheir own interests just as you literally campaign against your own interests
high time preference is a bitch. don't google that, best for you to stay ignorant and smug

>>26120058
this is retarded.
Amazon has a business owning amazon IP in the cayman islands or some other tax haven. The amazon in the us makes like lets say $50 billion, and they pay $50 billion to the company int he cayman islands to use their IP. If we said that amazon can't use bullshit deductions, they would actually have to pay tax on revenue from the US.
>>26120137
>>26120072
actually i think maybe you're right. small businesses likely pay people more than big companies. Still, I think small businesses should get more leeway than big corporations.
>>26120164
both parties are controlled by the big companies. stupid poltards always think hurr durr republican good democrat bad but in reality they're both controlled by megacorporations. the government funnels our tax money to big companies like defense contractors and then gives them tons of bailouts and benefits and the fed is also rigged, it bascially takes money through inflation and gives it to big companies.

>>26120236
You mean the central banks. They're the real problem.

>>26120031
just to be clear
having a small/medium business already carry unnecessary regulations and taxes
these kind of socialist laws increasing the difficulty to run a business, will only harm the social and economic fabric of the society
if you are worshiping megacorps because they are so "kind" offering an higher minimum wage you are in for a rude awakening
first they are moving production in china or some cheap labor country
second, once you are unnecessary, they won't hire people at all
you should give incentives to run small businesses, it means eliminating a lot of regulations, making it easier to run, making it more profitable, and substantially giving independence to individuals instead of relying in welfare state
you want things for free? you will eat ze bugs

>>26117388
>>26117394
National minimum wages are retarded.
Different districts have insanely different living expenses. A $15/hr minimum wage will kill small business in rural communities and turn everything into a big-box hellscape.

>>26120376
hopefully XRP takes care of that problem

>>26120353
Yes but that implies reworking the entire tax code, outside of the scope of raising the minimum wage or not

More broadly that's telling the banksters to fuck off, which requires something a little more.. fundamental

>>26120236
Based accelermaxxer, death to fiat

>>26120559
Nah, no thanks. Never using cripple.

>>26118727
anon it's been harder and harder to open a business for a long time now, this isn't the first strike against small business, it's like the millionth straw on the camels back. If you want to help the little guy, you should have pushed for yangbucks, because the burden falls on the gov't and not small business.

>>26120006
Uh, you should charge a significant amount for a scarce resource in high demand that you have control of

>>26120058
>Thinking that exploiting people is more profitable than creating wealth for people
>How can I tell that you're poor?
I run 3 online services and I hired nobody, I pay for contractors from time to time to do some jobs (paid per hour depending on their skills, no minimum wage bullshit) and I do most of the coding
>"Amazon pays 0 tax" is a normie trap
it's just the reality, i do something very similar, i have an offshore in seychelles to avoid taxation completely, it's web services and i don't give a fuck where the business is virtually located
the only way to fairly fight amazon (or me) is to eliminate taxation for SME running in your nation, in your province, in your city, there is no other way

>>26117467
You had rich parents in high school and college didn't you.

>>26117820
>CBO
Yes congress thinks they're doing the right thing all the time.
What they're not telling you, what they know, is that raising minimum wage will cause millions to lose their jobs.

>>26120236
>>26120376
both woke
central banks and governments are controlled by the same entities anyway

>>26120643

Post nose

What I never understand is that the people who want the minimum wage to be increased are also usually those who also call for increased immigration and amnesty. Its like they don't realize that more immigration leads to a bloated labor pool, which inherently lowers the bargaining power of the laborer, thus reducing the wages that they can command and forcing government intervention.

I'm also concerned that if the minimum wage goes up too high too quickly, it'll drive smaller businesses out of business, leaving larger businesses that everyone hates to be the only options for employment, which is never a good thing.

>>26117835
Universal Basic Income when? That would be a better solution than just raising the minimum wage
Agree. It's not without its own problems but a UBI pegged to the cost of (very) basic life necessities would empower employees to say no to exploitative pay/working conditions. The only reason companies can get away with paying less than a living wage is because to a lot of employees it's still a better alternative than fucking starving and dying. They are not free actors in the labor market, they are being coerced into it by the pressures that being a biological organism in a precarious world confers on a person. In contract, businesses aren't people and even if they're on the brink of collapse or insolvency, they don't feel that same instinctual pressure to have to perform certain actions (like acquire food and shelter at any cost), because they're businesses, they don't have feelings.

This is an inherent asymmetry in the labor game that can only be resolved by guaranteeing the fulfilment of basic material needs of those actors who constitute the labor market. Only then can a truly free market exist where employer and employee can both agree to terms of employement, uncoerced, with terms that are mutually beneficial to both parties.

>>26120753

No.

https://equitablegrowth.org/research-shows-raising-the-minimum-wage-does-not-spell-job-loss/

>>26117885
yes dude

>>26120353
extremely woke

>>26117388
I don't understand is OP really that ignorant? So you make a paltry 50% more and that's okay when everything else rises 20%+? lmao

>>26117612
Fucking this, now everyone wants to be special instead of useful

This board has no idea about basic economics holy shit. Raising the price of labour (minimum wage) will lead to a decline in demand of said labour.
A company will prefer to hire less, but more skilled workes instead.
So a minimum wage will simply lead to more Niggers on welfare than before, harming the ones its trying to protect

>>26121071

Useful to who? Kike billionaires?

>>26120694
stop seeking excuses you dumb nigger
there is no fucking excuse, you can learn any job using a 200$ laptop and a 1MB internet connection
my parents were both forced to skip highschool and they are pretty much broke yet i got a good degree, well paid jobs and finally i opened my businesses
it's only up to you

>>26121105

>calls others retarded
>attempts to use Econ 101 to make any kind of post at all

It makes sense in your textbook. In the real world, it’s a lot more complicated. If you actually did any formal study of economics you would know this.

>>26120753
uh huh. please tell us more talking points you got directly from ben shapiro, turning point USA, fox news, etc. so fascinating.

>>26121169

That’s why you’re seething- don’t want to see any of the goyim get ahead.

>>26121105
Ah, I too took economics 101. Are you done being a retard madame lecturer?

>>26121105
woke
75% of biz ubi commie neets cannot even read the chart and will just scream "give me more free money, i deserve them, it's socially unfair"

>>26121169
I worked at Panera bread through high school and college. And now I have 167k base salary in computing.

I went from barely affording rent, to being rich. $7.50 was barely enough for me to afford a dorm room.

>>26121169
what business, selling crap on ebay?

>>26120353
To be fair, poltards don't really like republicans either. Some of them only like Trump, while others see Trump as a jewish puppet.

>>26121200
>It makes sense in your textbook. In the real world, it’s a lot more complicated. If you actually did any formal study of economics you would know this.
t. the guy who never tried to run a business

>>26121322

It’s a larp

>>26120646
And I have 12 bitcoins so fuck you lol
It's ironic how you counter my point about exploiting people being unprofitable by describing the ways in which your are cooperating to generate wealth
>>26120409
Not everyone in a society can be an equal producer and consumer evenly distributed across the society, that's just not how natural distribution and the 80/20 law work
Continuing to lobby for more and different "breaks" to small business who are still net producers is inane
Especially since the system is rigged obviously to benefit the wealthy with things like an inflationary fiat currency and central banking propping up asset prices
Thus within the system, a minimum wage increase makes sense on a state by state level

>the only way to fairly fight amazon (or me) is to eliminate taxation for SME running in your nation
So many mental gymnastics I don't have time to address because I have to go soon
See above
"Trickle down economics" was a propaganda idea coined by leftist economists for Reagan's across the board tax cuts meant to unburden the economy some, however it seems like you took the propaganda rhetoric and believed it

>>26121349

Oy vey, you mean I have to pay my workers instead of making them get on welfare? It’s a whole nuddah Shoah

>>26121349
>I run a small business therefore I know how all the markets should function
This shit is so tiresome
How about don't expand beyond your means?
You even described earlier how you just hire contractors so you don't matter in this equation

>>26121216
OK faggot how about CBO themselves?
> In an average week in 2025, the $15 option would boost the wages of
17 million workers who would otherwise earn less than $15 per hour. Another 10 million workers otherwise earning slightly more than $15
per hour might see their wages rise as well. But 1.3 million other workers would become jobless, according to CBO’s median estimate. There is a two- thirds chance that the change in employment would be between about zero and a decrease of 3.7 million workers. The number of people with annual income below the poverty threshold in 2025 would fall by 1.3 million.
https://www.cbo.gov/system/files/2019-07/CBO-55410-MinimumWage2019.pdf

>>26121375
>And I have 12 bitcoins so fuck you lol
I have more BTC than that btw
>It's ironic how you counter my point about exploiting people being unprofitable by describing the ways in which your are cooperating to generate wealth
i'm just not willing to pay more for someone which is unskilled
>since the system is rigged obviously to benefit the wealthy with things like an inflationary fiat currency and central banking propping up asset prices
we both agree on this

>>26121216
>>26121200
>>26121254
You guys got any actual arguments? If what the anon at >>26121105 said is incorrect, explain how its incorrect.

Federal minimum wage is retarded. $15/hr is not enough in CA and too much in KY.

>>26117388
I want this to happen if only to watch America be destroyed by socialism so we could all put the “muh real socialism has never been tried” retards to rest.

>>26121654

The labor market is a lot more complicated than a dumbass graph from a high school Econ textbook. Might as well use 4th grade biology to explain the world.

>>26121430
A job where you earn $8 an hour isnt a job that is supposed to feed you and your familiy.
Have you ever worked at a minimum wage job? I worked at amazon for few months and most of the Niggers there didn't work at all, not even deserving a single Dollar an hour. Its not the fault of anyone else but you when you are such a retard that you are stuck doing unskilled labour all your life

>>26121721

>thinks bringing the minimum wage in line with inflation is socialism

This is your brain on Hannity

>>26121723
>The labor market is a lot more complicated than a dumbass graph from a high school Econ textbook
Why and how? You're not making an argument, you're making an assertion. Back up your assertion.

>>26121723
We are waiting for your analysis

>>26121723
ok, let's make it fucking easy, so all the retards on this board can get it straight without bullshit
let's say you got a restaurant, closed since march, financially struggling cause you still have to pay rent, taxes and shit
biden arrives and increase minimum wage
what is the first thing the business is gonna do?
you tell me
1
2
3
fire the guy, correct

>>26121776
>>26121795

I already posted a study earlier you homosexuals

https://equitablegrowth.org/research-shows-raising-the-minimum-wage-does-not-spell-job-loss/

>>26121654
Having poor people is bad for rich people it creates disparity and upheaval that creates risk to your investments.

The other social argument is that the USes GDP far outstrips it's ratio to debt, and is simply massive.

The countries economy really is massive enough where the magnitude of the disparity is simply unwarranted.

Social value is missing from this model if you read a few chapters ahead in your economics 101 book. It will explain how this affects markets like real estate very negatively.

What you are arguing for is in essence that book about meat packing (The Jungle or whatever) is how things should be with this model.

The free market maximizes productivity at a heavy cost to equality, and it's clear a mixed strategy is simply better.

>>26121740
keep individualizing systemic issues, bro.

>>26121723
>they are teaching this chart just for fun and most top economists are against a minimum wage because they are stupid bootlickers

>>26121764
socialism is when the government does things, the more things it does the more socialism

>>26121322
This, so many "business owners" are either selling shit on ebay or have a 8k subscribers youtube channel

>>26121829
>>26121855
now watch them say "GOMMUNSIM" or "GET A BETTER JOB" as a retort, kek

>>26121882

It’s an entry level concept, kind of like how 4th grade biology is a starting point to natural sciences. Sorry economics of all things isn’t as cut and dry as Shapiro told you.

>>26121887
good goy. they molded your brain perfectly.

>>26121430
Checking that timestamp
When the right is fighting for the benefit of the workers you know something is about to go down

>>26121594
*When challenged on his dumbass opinion*
"Uhh, buh but I have a business! Yeah yeah"
"And uh, I only hire contractors! Haha yeah that'll show em"
"And I have more bitcoins than you!"
*doesn't name the amount*

pathetic larp

>>26121740
What, you mean like doing the kinds of jobs that used to support a family on one man's income in 1950?

>>26121105
All these fancy graphs and theory and still, top economists and analysts cannot beat the market.

>>26117750
>Trump lost

Don't try to legitimize electoral fraud even as a joke

>Biden a socialists

lol

>>26117388
astounding how many people itt think a $15 min wage wont hurt small businesses. no wonder you people buy shit like luigicoin, most of you are completely financially and economically illiterate

>>26121971
>sorry sweaty, u and ur economists are too dumb to understand the real world like I can
strong female energy in this post

>>26121882
The same economists tell you that fiat currency and the fed are good. they told you that bitcoin was stupid and will fail.
stop using appeal to authority.

>>26117388
>>26117394
they're right
your wrong

>>26121855
>Having poor people is bad for rich people
rich people (business men) wants poor people (wagies) to have money so they can spend and consoom their products
minimum wage is automatic, it should not be imposed
$15/hr makes zero sense for a lot of small businesses in remote cities

>>26122048
1. it's phased in over multiple years.
2. if after 5 years you still can't pay $15, fucking close your shitty business, because it's shit.

>>26121882
>"Top Economists"
>A linear chart with two straight lines

>>26122052

Work on your reading comprehension champ

>>26121764
Number 1 what the fuck is a Hannity and number 2 the state imposing any form of minimum wage is socialism. Get a better job than McDonald’s line cook if you want to keep up with inflation, entry level jobs aren’t meant to be long-term careers you absolute wagecuck.

>>26122048

If your business is so shitty it can’t pay people 15/hr then the economy is losing nothing if you go under. Which you won’t.

>>26122052
it's an oversimplified model that teaches entry level concepts but doesn't actually work to model things in real world situations.
this is a very basic thing to understand. it sounds like you never actually were educated much in anything except how to shitpost on /pol/.

>>26122120
This
The same people saying "ged a bedder job" are also saying "but wait! My small business will FAIL if I have to reduce my employees to a number I can pay for or raise their wages!"

>>26122110
I'm not gonna say I think $15 dollar minimum wage is the right answer, but the problem it's attempting to solve -- that's worth solving

>>26121829
It's not a study but at least it cites one.
>This opinion piece first appeared in Morning Consult on July 9, 2019
>In general, the mere fact of job losses does not disqualify a minimum-wage increase from being a good policy for workers and the economy
The study they cite looks only at six large cities. Not the state or national level. And only at the food service industry.
That study found hardly any employment effects for an increase to the minimum wage of
>10
>percent
Not over 100% like we're discussing.
Did you read it, redditor?

>>26122192

We get it Chaim, in your world we’re all working for 50 cents a day for 12 hours like in the Gilded Age. Sorry that we’ve progressed as a society.

>>26122123
kek

>>26122278

Did you skip the part where it specifically refutes the CBO study on $15 specifically?

>>26119243
i live in North Carolina and minimum wage here is $7.25. My first job at 16 I was getting paid $7.50 an hour and that forever put a bad taste in my mouth for how this country is ran

>>26119104
Mega corporations are based in cities where cost of living is higher while mom and pop stores are based in rural areas where cost of living is lower. The $7.5 in a rural area would probably have purchasing power magnitudes higher than $15 would in a big city. Raising it to $15 would fuck everything up and would force your community to become an urbanized globohomo hellhole so you don't starve to death.

>>26122048
lmao this
>>26122013
>"Uhh, buh but I have a business! Yeah yeah"
>"And uh, I only hire contractors! Haha yeah that'll show em"
my parents still have a family business they started 30 years ago
i watched with my eyes, year after year, the increase of regulations, government bullshit, taxes, bureaucracy and so on
you can ask everyone, it's becoming a nightmare to run a local activity
they are already struggling cause all of this + the pandemic forced closures + minimum wage increases, and it's really likely they will just shut it down at this point
it is better that my parents run a barely profitable business or that they collect welfare checks? you tell me
what i do online is different (financial services)
>"And I have more bitcoins than you!"
>*doesn't name the amount*
21 BTC, 128 ETH and some shitcoins, doesn't really add anything to the conversation anyway, but you started the penis length race...

>>26122285
I worked at a local restaurant through high school for $10/hr and now make over $200k a year in my early 20s, what’s your point?
>25 posts by this faggot
Kek seethe brainlet you’re welcome for my tax dollar donations that i would absolutely refuse to pay if i had the option

>>26122262
Uh huh and if your business fails you can't employ people genius.
>>26122377
>In those cities, they observed between a 0.3 percent decrease to a 1.1 percent increase in food industry jobs. This stands in contrast to the CBO finding that raising the minimum wage to $15 per hour would cost 1.3 million jobs.
The -0.3% to 1.1% change was from a t e n p e r c e n t increase to minimum wage.
This is the actual study's assertion.
>We cannot detect significant negative employment effects. Our models estimate employment effects of a 10 percent increase in the minimum wage that range from a 0.3 percent decrease to a 1.1 percent increase, on average.
Try not using an opinion piece next time.

>>26122048
It’s astounding how many people in this thread are cool with the minimum wage being 7.25 and not going up since 2009 despite real inflation being somewhere in the 8% /yr range.
You realize it’s not happening overnight and that poor people will just spend more money as disposable income right?
How little money do you have to make to be bitter about someone getting a couple crumbs more?

>>26122170
sorry ma'am
>>26122245
I took a few econ courses in uni but I admit I'm no expert. please present the "real info" that I wasn't withheld in school

>>26122461
>I I I
>me me me
shut up faggot, nobody cares about your life story. if you're so damn selfish then just shut up and let the $15 min wage pass. it won't effect you.

>>26118741
I know. It's great. I make half a million USD at a FAANG company in a "low-skill" career.

Happy to use Python and the other half dozen languages I know.

You're a joke.

>>26122418
Retards don't understand monopsolies.
>we're anti-stablishment and anti-1% but we're constantly promoting policies which only increase the power of the things we're against while constantly belittling the workers as uneducated retards
Student loans were a mistake, people are indebting themselves to be "educated" and feel superior towards anyone that isn't.

>>26122622
you make $500,000 a year programming python? kek. neets actually expect people to believe this.

Raising the minimum wage is retarded. Demand Universal Basic Income instead.

Honestly, what kind of business even exists that doesn't make enough revenue to pay someone $15 an hour? I can't even think of a business model that shitty.

>>26117546
we don't want you here if you are nonwhite

>>26122499

Retard, it’s a greater than ten percent increase. All the cities in the study had minimum wages over $10/hr.

>>26122738

90% of it is just boomers mad that they’ll actually have to pay their employees.

>>26118774
Then why not learn to code to make that ez money, instead of working for a job that's harder, more demanding and gives less money?
Really, not trolling, I just want to understand your train of thought here.

>>26122505
>It’s astounding how many people in this thread are cool with the minimum wage being 7.25 and not going up since 2009 despite real inflation being somewhere in the 8% /yr range.
increasing the minimum wage is not the solution, it's just a shitty workaround so you shut up and accept the status quo while dollar purchasing power goes inevitably to zero, it's just a fucking placebo to make you thing the government is on your side while keep pumping free money into their friends pocket at an accelerating rate.
the solution is to stop the money printing machine which is currently distributing free money (literally with negative interest rates) to banks and corporations) creating asset hyperinflation.
you are going to suck biden's cock (or trump one, doesn't make a lot of difference) thinking their are your friend, while they are just hiding the massive system failure

>>26122738
Pretty much every fortune 100 company with a retail division

>>26121829
>>26121937
Okay, according to that website, its comparing the CBO study, which looked into a $15 minimum wage nationwide, to another study that looked at 6 cities that raised the minimum wage to be $10 or higher. The issue here is that your source attempts to discredit the issue of jobs being lost based upon the second study not showing this. This is incorrect because the two studies are measuring the effects of a higher minimum wage across two different environments. The CBO is looking at the nationwide effects, while the second study is looking at effects in select cities. What your source should be arguing is that, in cities with a higher cost of living, increasing the minimum wage will generally lead to positive effects. This, however, can reasonably be expected to lead to deleterious effects if enacted in a region with lower costs of living.

There's also the issue of both studies showing that, despite the overall good that an increased minimum wage can bring, it will still lead to job losses. Your source glosses over how to deal with those who may end up losing their jobs due to increased wages and being priced out of the labor market. This is one of the points being argued, albeit poorly, in this thread. How do you plan to help those who end up losing their job due to something that was supposed to help them?

>>26122245
Given that you earlier complained about people employing ad hominem instead of actual arguments, its telling that you freely employ it yourself.

>>26122873
As an engineer, some times workarounds are enough to alleviate an issue enough that the root causes can be repaired.

>>26122408
Well shit, that sucks
Although these jobs weren't meant to support an apartment and family, you could get by 30-40 years ago and probably even save up for a home.
Now it seems like if you aren't getting a job in your career out of college (especially after taking out a loan) you're absolutely fucked.

>>26122879
>retail
As in stores in shopping malls and shit? That still exists? Kek

>>26121829
Link me an actual paper you have read instead of a literal who website

https://economics.mit.edu/files/9497
>a minimum wage has two opposing effects on employment: it reduces demand for new workers by raising the marginal cost of an employee
>The results for job creation show that, in equilibrium, any supply-side effects on search (and the potential increase in the quality of employer-employee matches) do not overcome the negative demand-side effects of higher labor costs. The lack of strong effects on job destruction is in line with the literature on the fixed costs of labor and firing aversion. More importantly, we find that on net the minimum wage meaningfully affects employment via a reduction in the rate of long run job growth

>>26122013
I doubt that the 1950 equivalent of a Starbucks barista was able to support a family alone

>>26117388
>>26117394
you're being economically illiterate on a board of people who talk about business and finance. you're going to get talked to like a child, because that's the level at which you process information.
fucking retard.

>>26122865

I already make good money. I just think the minimum wage should be increased.

>>26123061
You didn't answer my question.
You claimed coding is way easier and less demanding than flipping burgers.
If that's so, why aren't more burger flippers changing to coding?

>>26122925
except inflation doesn't actually alleviate the problem but it only makes it worse over time, and US is on the verge of hyperinflation at this point (look at M1/M2 money supply)
are venezuelan wagies happy to see their minimum wage doubling up overnight?
i don't think so
keep in mind the mechanisms are the same, it's just a matter of time until everything goes out of control

>>26122873
Yeah that is why I am all in on BTC.
The problem is people aren’t making shit and there are employers who apparently can’t be bothered to pay someone more than $7.25/hr
I don’t want a minimum wage increase I want people to be able to have some shot at life even if they’re a literal retard who can only push a broom.
I’d prefer we just handle that immigration reform but clearly that’s not the direction the country is going considering non whites are now the majority for youngest generations.
If it keeps people from burning shit down long enough until I can peace the fuck out to Argentina or something then that’s fine by me

>>26122865
being a code monkey isn't ez money

>>26122774
Ok and it examines only up to $13 in places where the minimum wage is already much higher than $7.25. And looking only at one industry.
We are not talking about taking $10 and making it $11. We talking about taking $7.25 and making it $15 in all venues, all industries, nationwide.
What amazes me the most about this is your refusal to accept that raising the minimum wage might lead to job losses. And it obviously can. The general argument on this topic is that although there are job losses there are larger positive effects.
Gonna be a shitter here for a second. But if there are no negative effects to this change then the minimum ought to be $100 an hour.

>>26119987
will never happen. the whole point is to fuck over small businesses and consolidate into megacorps.
>what are lobbyists

>>26117388
Why can’t americans just double the minimun wage and re implement slavery?

>>26123145
Yeah, but doing something is better than nothing. It's pretty clear poverty is already ravaging our country.

Homeless people literally form homeless fortresses made of tents and etc. They need to patch this shit ASAP through all the means necessary. Then fix schools or whatever shit you autistists are theorizing as a root cause.

>>26123191
I know that, since I've been coding for fun since I was 15.
I'm just calling out the retard who equates coding to flipping burgers.

>>26122942
As in Walmart, Amazon, whoever.
Home Depot is actually really good about their compensation program from I hear and even Starbucks offers health insurance.
Anyway I don’t know why it’s such a crazy idea that workers get fair compensation and a shot at a decent life.

>>26117467
What is a disability?

>>26118774
>bro 18 year olds can go to programing camp and learn to format an html page and write "hello world" in python, therefore they can get a decent coding job
kek

>>26122993
5 silver quarters meme.jpg

In 1964 the minimum wage was $1.25 or 5 silver quarters, in 2018 the melt value of 5 silver quarters was $17.55
As of today it's about $22 with all the asset inflation the Fed has been doing and all the money printing the govt has been doing
Even if you go back to 1950 it was $0.75 or 3 silver quarters, which today would be $13.45

>>26123156
>Yeah that is why I am all in on BTC.
it's literally our only chance to avoid getting ass raped by the "great reset"

>>26122263
Lazy people?

>>26123346
Ticket to neetdom

>>26123267
Oh right, you're misunderstand me. I don't mean what companies aren't currently paying $15 an hour, I mean how shitty does business model have to be where paying $15 makes it no longer viable. Walmart and Amazon can easily afford to pay $15 an hour if they wanted, especially with increased automation. The only businesses I can really see being squeezed by this are jew/arab/pajeet things like shopping mall kiosks selling phone covers. Surely no real business is going to have a hard time paying $15.

>>26123205
Well there will definitely be some job loss at least in the short term especially since corona has forced a lot of businesses to optimize with a smaller staff.
On the brightside it will probably impact blacks and illegal immigrants the most because if you have to pay someone $15 you might as well get a white guy who speaks English and shows up on time

>>26118459
WHAT DO YOU MEAN I WOULDNT HAVE FACEBOOK OR INSTA WITHOUT MISTER TYPEALOT

>>26123362
Yeah those coding camps are fraud imo -- if they have a wage garnishing contract instead of payment based -- seems more legit.

But their claims of novice to " job at Google" is just dumb. There is actually a shit load to learn. Coding is just like a happenstance to the actual work of problem solving.

>>26119504
>hey look, he continued with his lack of arguement, despite not knowing how much I larp about making (sucking cocks nets me a lot of money :D)

>>26123267
Because there's a huge oversupply of retards who are only capable of doing the bare minimum. Why pay some retard 15 dollars to put a burger on a conveyor belt when theres 400 pacos ready to do that job for 5 dollars an hour? Not like they need to speak english to do it either. Anons just have to face it, their way of life was destroyed in 1965 and theres no going back now.

>>26118774
if it's so easy just fork CORE and become rich

>>26123232
New York already has this policy in place, actually.

>>26123459
No, autists like you who can't leave the house without a lunch of pizza rolls made by your mom.

You deserve at least 600sq ft instead of a card board box in front of your dad's mother in law suite

>>26123250
>Yeah, but doing something is better than nothing. It's pretty clear poverty is already ravaging our country.
what i'm saying is that handing over a 2k check and increasing minimum wage is not going to solve any of these issues
they will only increase unemployment and make welfare state even more broke
and the actual purchasing power loss from the free 2k is going to be even bigger cause corporations are going to front run you and increase the price of things people are going to spend the 2k
>Homeless people literally form homeless fortresses made of tents and etc. They need to patch this shit ASAP through all the means necessary. Then fix schools or whatever shit you autistists are theorizing as a root cause.
globohomo are in control, so none of this is going to happen
democrats are especially good at creating this race to the bottom by opening the borders to unskilled immigrants

>>26123509
I don't get this argument. Why is a white guy with his shit together going to be applying for a $15 an hour job?

>>26122939
Exactly and the fact that it has even gotten to this point is fucking absurd. I’m 19 now and I think just knowing all of this puts me waaayy ahead of my peers and I’m going to dig myself out of this hole that I was born into

>>26123614
They also have different levels based on CoL between NYC, LI, the rest of the state.
>>26123713
Hyper competitive job market. Glut of young and highly educated workers, not enough jobs for them, they compete with their wages.

>>26123760

>I’m 19 now

You need to leave.

>>26117720
>>26117546
Hungarian here, you better have a great fucking resume and fluent language skills, otherwise you're fucked.
>>26122746
Also this

>>26119336
Where does this increase to revenue come from?

>>26117750
based reality-pilled poster

>>26118741
If you think a Programming language should be hard you’re a retard. You probably also boast about how 1337 Hakk0r obfuscated your code is and proudly count your lines of code

>>26123649
So, lazy people.

>>26123812
i’m almost 20 if it makes you feel better, retard.

>>26123893
Oh shit you're right

>>26118555

Its not a list of people I dont respect, its a list of jobs than can be done by literal retards.

>>26123597
Then hire someone who isn’t retarded?
I hire people for $14/15hr jobs all the time. The key is either A) they are young
B) you can show them a path forward to a better compensated role within the company C) they just want an easy second job
I’ve hired plenty of highly intelligent people that are great workers for $15/hr because you can attract better people with a better wage.

>>26123796
Huh, sucks to be a zoomer I guess. In any case some jobs and business just shouldn't exist and all this is going to do is accelerate it, not be the main cause. You used to have people paid to pump your gas, what an inefficiency. The same will be said in the future about today's wagie jobs. Frankly I prefer ordering from a kiosk and the idea of having drone deliveries rather than interact with wagies.

>>26119243
NY is not $15 statewide, it's $15 in NYC, $14 in LI, $12.5 in the rest of the state.

>>26117696
Bro, come to TEXAS, everybody is on minimum wage

>>26118783
yeah we found 17 trillion in giveaways to large companies

>>26118377
Born to single mom. Was on food stamps and lived in trailer park. Became part of the 1% in my late 20s by being a hard working entrepreneur. AMA.

Here's the thing. Most minimum wage jobs are small businesses and franchises. Raising the minimum wage has historically lead to an increase in higher youth and minority unemployment. I agree that the cost of living has increased over the decades caused by many different variables but doubling the minimum wage in such a short amount of time would cause a huge cut in staffing and workforce hours and small businesses are going to be reluctant to expand and hire. We've seen this when the affordable healthcare act was passed and employers cut retail and fast food workers to part time. The reality is these are not career and family sustaining jobs and the best thing we can do is have access to better skills training and raising the minimum wage only further disenfranchises the people politicians claim to help.

>>26123713
Because he’s a college student, because he’s young, because he needs a second job and I’m not an asshole boss and will give him autonomy.
I currently am in a role where I hire people to work for $15/hr and consistently get outstanding people in because I don’t target people doing the job for life, I get people who need something for a year and will move up by then and be on to another role in their actual career by 3-4 years.
Most managers just look for a body I spend a lot of time picking who I hire.

>>26124299
Not to downplay your accomplishments but you were in the 1% for your age group not the total world, which is a pretty significant distinction

why does anyone eat fast food anymore its the same price as a sit down restaurant with shittier quality

>>26124503
Because it’s fast

>>26123908

You still need to leave

>>26122679
Cope. I have a friend that has accepted a low level data scientist position at Facebook that's offering $150k salary, $150k equity, and another bonus on top. Python is bread and butter in that discipline.

Do some research first.

>>26124431
I was a self made millionaire in my late 20s. At 23 I had less than $1000. I didn’t get any investment or any rich relative or connections. I just bootstrapped and grinded. It is possible. I’m 31 now.

>>26123250
>Yeah, but doing something is better than nothing.
You have no idea how angry this makes me. You stupid niggers keep spouting bullshit like "DO SOMETHING!" when all of your solutions make our future bleaker and bleaker.

If you really believed that, you would have voted against all the shit that has made you into a slave cast via wage depreciation like replacement migration, outsourcing to China etc. But you didn't because you're a good little goy. You stupid niggers deserve everything bad that is coming to you.

>>26121567
>up to 27 million lives are made better off at the cost of 1.3 million

Thats a trade you make every time

>>26124575
>redditor says you need to leave
>>26124716
At least we've reached the point of admitting that there are downsides. We will take it from the pockets of the young and poor.

>>26124698

Nice larp

>>26124716
Except its not, you goon. Raising minimum wage does nothing unless you specifically target the things that depreciate your wages. When the government prints money and replaces you with slave labor it doesn't matter if you're making more money down the line when the value of your money is less and companies dump the cost on you.

>>26118459
she got you there biz

>>26124716

If it were 27 million shareholders being made better off everyone ITT would be all for it

>>26118195
>>poverty
Do you nigger not understand how poor most Americans actually are?
Over half make less than 50,000. And nearly over half make less than 35k.
UBI is coming whether you like it or not.

>>26118555
>conservatives are supposedly pro-working people
They are. What liberals want is you working for the biggest corporations forever doing dead end jobs. What conservatives want is for small businesses to be able to actually employee people, which is something liberals don't want.

It's almost as if the USA isn't Right vs Left but Corporation vs Individual. Guess which side you're on.

I have been drafting a business plan for nearly 3 years now for an affordable fast casual dining chain with healthy but full flavor options. Cold pressed juicing, smoothies, mixed alcoholic beverages, wraps, salads, rice bowls etc. Basically I'm sacrificing profits for the absolute highest quality food I can procure. Everything free of added hormone, pesticides, nothing processed all organic. I'm getting incredibly close due to crypto to potentially make it a reality.

Most places I worked the average employee wouldn't want a minimum wage hike unless they were a line cook. How intended to pay my employees was a flat wage (based on merit), a percentage of sales evenly divided ( promotes team unity and the necessity of working together as a single unit which is crucial in the industry, and of course tips from customers. I want to create careers for people and encourage them to stay long term. The worst part about the industry is the insane turnover. It was 85% one year. So much time/money is wasted retraining people but corporate sees it cheaper than paying higher wages. Its disgusting. The last place I worked had maybe 32 employees. 1 GM and 1 KM, 4 Assistant Front of House managers, 1 AKM, 16 servers and 9 line/prep cooks. I routinely went over the books while working there and they were pulling in 39-41% profit margins after everything was said and done. Gross revenue the last year was 1.2 million. It was fast casual dining for middle eastern food. They have a monopoly in our geographical region for the cuisine. Mostly Ohio and a few locations in Penn.

I have a lot of experience in mid to upscale restaurant management. A minimum wage hike would make it hard for new ones to start and would definitely downsize the existing labor. Some industries need payment incentives attached to performance instead of flat rates.

>>26118990
i can only imagine the shithole with no rights you live in, weren't you in that video of white bowing to BLM prophets on the street?

>>26117467
also, be from a third world country on H1B status and accept much lower pay than any American could possibly live on.
fucking idiot

>>26117696
what percentage works under $15/hr though?

>>26124831
>1.3 million people who you only kept around because you could legally pay them $7/hr lose their job
>the ones who remain all see a significant improvement in their life
I mean morally speaking I’m pretty ok with this. Especially since the majority of those affected are going to be people who really have no business being here in the first place.

>>26124964
100% of my UBI goes to linkies

>>26117750
Bernie didn't win and Trump is closer to socialism than China Joe.

>>26125219
All fun & games until they're in line applying for $15/hr jobs, or costing you taxes for welfare, probably both

>>26125075
>he fell for the GOP vs Democrat meme
Sorry sweatie but they both shipped all the good jobs to China and imported tens of millions of brown people to replace us, whether it’s for slave labor or to vote for govt handlouts it really doesn’t matter.

>>26125075

What more conservative position can there be than refusing to let businesses have the taxpayer subsidize them via welfare for their employees?

>>26125315
It would still be a net decrease of people
Sucking on government money. Walmart uses welfare the way restaurants use tipping to subsidize their payroll

>>26117394
>exploitation of their employees
Yeah, clearly small town mom & pop businesses are exploiting their employees by only paying them what they can afford while Amazon is a great friend to workers because they'll be able to absorb all the destroyed local business and can afford higher employee pay thanks to being an anticompetitive monopoly.

>>26117913
1. anyone who pays their employees less than $15/hr is a fucking asshole, small business or not.
2. $15/hr was an ideal minimum wage 10 years ago, now after all the money printing it's more like $25/hr. employers act like they can't profit from this but they're lying because they're greedy fucks. (people are willing to pay twice what they used to for a combo meal, so why aren't employers willing to pay twice what they used to to workers?)
3. people work for less because they are never taught home economics in school. i mean REAL home economics, like "how do i negotiate a good salary" and "what is my ground floor living wage?". no, instead high school students are taught nothing about collective bargaining power and college students are still encouraged to work internships completely for free.

just as a for instance, in my particular profession, it is common knowledge that one should NEVER accept a job for less than $20/hr because it screws over everyone else by depressing the average salary.

>>26122285
your antisemitism is so obviously a fake act you put on, go back to your tranny discord

>>26125075
Imagine being this naïve

>>26125588
>businesses pay everyone the absolute most amount of money they can rather than the lowest amount they have to
Lol
>>26125605
What is your job and is it security?

>>26125588

Mom and pop businesses treat their employees like shit. They pay ass, give virtually no benefits, and make their employees do shit like unpatriotic overtime so the Boomer owner can afford his golf trip to Florida each year.

>>26118549
the whole point of a job is to give a HUMAN a wage that a HUMAN can live on. if a job can't even support one person then it shouldn't exist. it's like a firefighter who doesn't fight fires, it has no purpose other than wasting people's time.

>>26118666
i think it's more about the job of "burger flipping" being trivialized by an asshole who probably never cooks his own food

>>26125798
>>26125865
Most small businesses already fail even with existing costs and easily end up spending more than they make in a given year. If you think they can easily double employee pay then you have no idea what you're talking about.

The number of economically illiterate sjw tier faggots in this thread is astounding. Could you guys get the fuck off my board and take your bitter wageslave attitudes to twitter or Reddit? We’re becoming millionaires here

>>26126071

If you’re really that shitty of a businessman that you can’t pay someone 15 an hour then you shouldn’t be running a business in the first place. Again, the competitive, innovative firms survive and the Boomer money printers go under.

>>26125865
This. What's with poltards coming to biz and glorifying mom and pop businesses? Corporate owned businesses are unironically superior, which is why they've grown so huge in the first place. The McDonald brothers were making clean, cheap food efficiently and quickly while competing restaurants were greasy shitholes. That's why they became a multinational. Fuck small businesses.

>>26126116

t. PragerU drone

Don’t forget your capital gains tax.

>>26117913
>college is only worth it for stem.

No, actually STEM is the worst field to get into right now. This is boomer advice from like 10 years ago that was already becoming irrelevant then. The fields are all oversaturated now because this advice is literally parroted by everyone because they refuse to look at current statistics. They think they give good advice and are being insightful, but they aren't. Chances are, you'd actually have an easier time with that shitty liberal arts degree because then at least you can become an HR fag or some shit. But with STEM? Good luck - there are no job openings and the ones that are available are ghost listings so they can say they can't find a candidate and hire Indians to do it.

>>26117388
Expensive social programs like giving money to Israel and feeding black and brown people and a much bigger workforce is why things have gotten much more expensive, doubling the minimum wage won’t help, maybe initially you will have more money for the short term but things adjust fast and during this transition small businesses will be put out of business and make mega corps more powerful and your buying power will in at most 1 years time be the same. If you want better buying power you need to tackle the things that are leeching our production value.

>>26126116
>Newfag or polfag doesn't get biz
Cringe

>>26117750
This

>>26126196

Also find it funny how business owners are supposed to operate as ruthlessly as possible, focusing only on the bottom line, while I’m supposed to go out of my way and incur extra costs to support Chaim’s local store. Sorry Boomer, maybe if you actually stocked what I want at a reasonable price I’d give you my money. The internet destroys the case for 50%+ of all small businesses.

>>26122746
Does sicilian count?
>>26123854
>fluent language skills
Have an EE degree and working on a master's while currently employed for over 2 years. What languages would I need?

>>26126071
The wage isn’t going to double over night and if you’re barely getting by paying so much of your work force $7.25 that going to $9 or $10 in a few years would put you under then I seriously question your business’ merits as a business.
Like seriously who the fuck is paying people $7/hr?

>>26126449
Other than Hungarian obviously.

>>26125915
>the whole point of a job is to give a HUMAN a wage that a HUMAN can live on
no that's communist mindfuck
the point of a job is to provide value, not take value away

>>26126256
>things that are leeching our production value

Fraud, addiction, sloth, corruption, etc?

>>26126543

No, he’s right. Society has zero use for jobs that pay $2/hr. I know that makes your kike brain wince. Even Henry Ford knew you have to pay your workers a living wage.

>>26117885
>projecting this hard
>not grasping econ 101
(you)

>>26126735

See:

>>26122285

wow, it's almost like raising minimum wage is used to gradually capture increasing numbers of jobs/skills and peg them to minimal level status

>>26126428
Exactly.
>Please go out of your way and pay more to support your local businesses
>Living wage? Paid vacation days? What? I'm running a business here.
The only people complaining about minimum wage are kikes and redneck boomers. Your business models are obsolete, get a real job.

>>26126524
Hardly anyone is. Many more are paying $7<w<$15.

FWIW we are eventually going to move to some sort of UBI platform anyway.
Covid forced a lot of tech adoption to accelerate faster than it otherwise would have.
Automation, minimum wage hikes, jobs offshored to China, increase in labor supply through mass immigration, take your pick but there will be massive permanent unemployment that will only get solved through UBI.
Enjoy your pod chamber and meal worm burgers

>>26126881
wow it's almost like dehumanizing people by their job/skill is used as justification for keeping them poor

>>26125605
>1. anyone who pays their employees less than $15/hr is a fucking asshole, small business or not.

You aren't worth $15 an hour. Cope faggot.