/biz/ - Business & Finance

>>28542268
yes. there's no way ALL jobs a person can do are worth $15 per hour

>be 18
>looking for jobs
>see something that looks good
>job pays $12/hr
>click to apply
>"THE GOVERNMENT WILL NOT ALLOW YOU TO WORK THIS JOB"
>stay unemployed

thanks Joe...

>>28542268
Yes bc everything will just cost twice as much if this happens. Enjoy paying $20 for a large pepperoni pizza. It will affect us the consumer as well as those who get the raises to begin with.

>>28542589
$20 is nothing. What are you? Poor?

>>28542589
How much is a large pizza by where you live right now? it already costs that much here

>>28542268
Yes because it will benefit poor people.

>>28542589
Denmark pays $20 an hour at McDonalds and it's not $10 for a burger

>>28542268
why doesn't he raise the minimum wage to $200 per hour?

Dollars aren't real. Buy Bitcoin for entrance into the citadel or die with the nigger hordes.

>>28542268
Raise it. Most of the lowest paying jobs are with the biggest corporations. They need to pay people a living wage.

>>28542898
based simplist

>>28542268
I live in New York and it's already that much

Cost of fast food is now crazy high and most people use EBT for groceries.

Also I have no job despite high rent

More money in the hands of the everyman promotes a stronger economy. People against it are either rich or brainwashed by them.

>>28542268
yes. of course.
money is worth the same in NYC and Mobile, Alabama.
Why shouldn't someone in mobile get paid the same as someone in NYC?

>>28542924
Denmark is otherwise unironically more capitalist than the us

>>28542268
How the fuck is any small town moths-flying-out-of-wallet employer going to afford that?

I worked at a berry farm for min wage ($7.25 here) as a teen. Their business would fucking implode if they had to more than double that

>>28542268
It should be raised, there are far too many businesses that can only continue existing by paying their employees the lowest wage possible.
Sure, this is capitalism, but it’s inefficient and a relic of a time that no longer exists. Spreading wealth leads to far more prosperity for everyone than exploiting as much wealth out of people as possible.

>>28542268
yes because i want the country to crash and burn and for the life of the average wagie orbit the orwellian whims of corporate america

acceleration was the only option

I’m pro increasing minimum wage because it means BTC will go up

>>28543000
NYC is expensive for many other reasons, if you don’t see that you’re brain dead

I'm for it. It'll cause more people to be unemployed since companies will reduce headcount, but overall wealth will increase.

>>28542268
>asking a crypto board if they're against raising inflation rates
now ask that question again, op

Yes. If affordable. Why not. We should all be happpy and live a comfy life.

>>28543646
Name them

>>28542268

I support it because I’m a debt Chad who wants hyperinflation to pay off my mortgage and pump my crypto

>>28542898
Epic and also awesome, thanks

anyone who is for raising a national minimum to 15 is either completely economically illiterate, or just wants to watch it all burn down.
The latter is more respectable at least

>>28543297

They raise prices on the middle class

Nope, it'll cut my mortgage as inflation sets in to speed my freedom from the jew. Already hedging in crypto, precious metals, and self sufficient living.

>>28542924

Except doctors there make like 70k a year lmao

>>28542924
Australia pays 20 dollars an hour st mcDs and it is $10 for a burger.

because 15/hr is already very attainable for no skill, no education retards without legally fucking small businesses competing with mega corporations.

>>28544162
It literally not though

>>28542268
Why does he eat the ice cream?

>>28544453
This Australian $20 is US $15 anyway idk why people compare directly when different currencies have different values

no fucking way, those cucks chose slaving and i chose crypro they dont deserve any more of my gains than the absolute minimum to keep them feed and rested enough for slaving

>>28544504
>2016
check 2020 prices

>>28542268
Yes but only if they're not white or asian. No more money for niggers.

>>28542589
I pay that much for pizza is it is.

>>28542268
>against raising the minimum wage to $15
yes
>why
niggers should be enslaved and payed 0 dollars per hour

>>28542924
apples and oranges, spear chucker nord

>>28544799
t. chink

>>28544869
>believes in slavery
>spelling errors

Sounds about white.

>>28544797
its pretty much the same, please stop wasting people's time.

>>28542268
yes, I hate poor "people"

>>28542589
That's not how it works.
If it were to match productivity or inflation the minimum wage should be $24-25

>>28543427
It should be raised, there are far too many businesses that can only continue existing by paying their employees the lowest wage possible.
>Sure, this is capitalism, but it’s inefficient and a relic of a time that no longer exists. Spreading wealth leads to far more prosperity for everyone than exploiting as much wealth out of people as possible.

edit: thanks for the gold, stranger!

>>28542268
My view on $15 min wage
>Waaah cant live on current low wages
>Waaah not matching cost of living increase
>Waaah too many low paying jobs
So, basically instead of raising the cost for EVERYONE. Just lower the cost of living. Stop importing people to the US while we have unemployment over 1% and a homeless crisis.
Maybe just maybe they would think about stopping the build of larger houses so the cities, counties and states get more in taxes and allow for smaller houses and even tiny houses to be built without fucking with the tax code so they could go after the smaller house users. Also $15,000 for a new of the cheapest cars possible to buy like the Spark and others? Fuck that. There is some bullshit happening and min wage is not the problem nor the solution.

>>28545363

>>28545193
>If it were to match productivity
why are we paying people for productivity gains due to technology and automation again?

>>28542268
Yes because it would severely raise the profile of retail investing and make dumping on wagies like shooting fish in a barrel.

>>28542268
No. I believe we need strong unions too, to take back the riches that we all have made that the wealthy have stolen from us because we became beta cucks who wouldn't put the boot of UNIONS on their fucking skulls. Stealing 100% of surplus value is theft, take it back.

Think about how much more you'd have to invest.

GM union workers just got like a $9,000 profit sharing bonus? Imagine not being a fucking beta cuck to the bourgeois class you'll never even be a part of even if you're a multi millionaire.

>>28544972
seethe subhuman

>>28542268
Biz are actually liberals, minimum wage good, weed legal good. not /pol/, just racist

>>28545425
Democrats deport more people than Republicans. Republicans LOVE cheap labor and want to keep immigrants here for low wages, while simultaneously being heavily opposed to first world wages.

Obama deported about 100k more mexicans every year than Trump did.

>>28545809
Based Obama

>ITT: jealous NEETs seething that waggies might get a bump

>>28545809
Obango also forced black people into every workforce in America and effectively killed the competency of American production

What do you think about that one?

>>28542363
Well ALL jobs a person can do aren’t worth 7.25 per hour either, so what do you propose?

>>28542268
>Half a LINK an hour
far too much money

>>28545647
Envy is not a political ideology, retard. Back in the cage you go. We'll call you if we need to sew more nigger chimpouts so the federal gov't can buy up real estate

>>28545363
>$59/mo mortgage.
Incredible

>>28546208
It's been like 60 years since MLK dude, Black people were already in every workforce and aspect of America. Get over it.

>>28542589
pizza already costs that much. Even if you pick up the tax still inflates the price and you just paid in gas too

>>28546352
Imagine being such a low IQ retard that you go through life solely making profit for someone else without ever taking it back.

Keep being a fucking cuck.

>>28546406
so racial equality was already achieved? Hold on a sec, you told me—

>>28542268
I am against minimum wage, period. It stops people gaining entry positions which lead to learning new skills. There should be apprenticeships in every field.

>>28542924
how isolated is denmark tho? is it a homogenous society?

>>28542268
At this point no because the dollar is already shit. Give them $15 but in 2 years they will be asking for $30 because rent will be $3,000 a month and a loaf of bread will be $10

Only if it means my wage goes up by an additional 15 an hour too.

>>28545363
>>28545425
>>28546405
Here is how property taxes should be done in areas that have them at high numbers.
Taxes are collected to pay for services that when there are more people in the area require more $ like public schools for more kids, more waste/water, etc..
Tax based on SQ FT of land owned and times that by people living there. Example:
10,000 sq ft x 1-2 person = $500
10,000 sq ft x 5 person = $2000
20,000 sq ft x 1-2 person = $800
20,000 sq ft x 5 person = $3200
30,000 sq ft x 1-2 person = $1000
30,000 sq ft x 5 person = $4000
House size doesnt matter, make zone laws to keep them specific distance from property lines and a specific height max rule. Otherwise anything goes. Just increase it by min amount per person after 2 people. fuck with the sq ft or $ per person but the math is a lot better than just sq ft on a house.

>>28546259
Wait... Do you Amerifags only have 1 universal minimum wage? That's absurd.

>>28546597
Pretty much yeah, shitlibs simply use idpol to keep the working class from unionizing and seeing class politics.

>>28543000
you could probably make money as a street shoe shiner or vendor or even homeless panhandling. crime is probably the only real way to make it in that state

>>28546406
>Get over it.
No

>>28546564
>profit for someone else
stay jealous, pinko

>>28542268
Yes, it should be 100$/hr.
15$/hr is livable sure, but a miserable existence.
Remember: a rising tide lifts all boats.

No. Working for less is basically slavery. Americans, as it happens with public healthcare, are too retarded and uneducated to know plenty of countries have minimum wage and nothing bad has happened.

>>28546651
Yeah and only in America will you see people working minimum wage advocating for a minimum wage because the hundred millionaire on TV told them so.

>>28544797
the US is still 68 cents higher than Australia you retard

>>28546643
500?
$1,000?
$10,000?

HEY LEMME GIVE YOU A NUMBER

HOW ABOUT $0?

>>28542268
Yes because I love sucking corporate cock. I don't want to think about rich people making slightly smaller profits

>>28542589
>>28542831
28 canadian dolars for pizzahut pepperoni pizza

>>28546651
For the Federal government, yes, but every city, county, and state sets their own minimum wage rate and is usually above the Federal amount.

>>28544034
in the US there is barely even a sliver of middle class left

>>28546741
Yeah, usually people don't understand capitalism either, there are a few retards in this thread like

>28546728

who clearly don't.

More money in workers pockets == more money for the working class to buy useless shit and inflate stocks, just like capitalism requires.

>>28546651
300 million people, spanning the bulk of an entire continent, nobody can do anything on a state level, we need the federal gov't to wipe our ass for us, and we'll give them the power to rule over us as depots to enable them.

>>28542268
Either wages should go up or cost of everything goes down in canada. Rent and basic necessities pretty much eat up your entire pay for the month.

>>28543923
if it all burns down only because the system can't ensure/afford living wage for everyone, that's a different problem...a much more severe problem

>>28542268
>muh 15 an hour minimum wage
Why stop at $15 anon?
Why not make the minimum wage $100 an hour?
Just make it $2000 an hour then we are all millionaires?
Right?

if you cant see the problem with price controls like this you need to learn some basic economics

dollar is going to be trash by the time it fully rolls out so its not going to have any real effect so I dont give a fuck

>>28546259
Are you fucking retarded, or what?

>>28544972
based

It's lazy small businessmen who hate it.
People who own assets like stocks and crypto don't care because it will mean wagies pumping bags.
If you are a small business owner stop being lazy, do more yourself or have kids who you can pay very little to learn your business.
and buy stocks and crypto now so your employees pump your bags.

>>28546856
Cities and counties are already killed income wise from all forms, they will never drop their only life line. I am just being realistic to fix a known issue for many that is actually hurting housing growth.

>>28542924
Why do advocates for these policies always pick the cleanest, whitest, highest educated countries with the highest economic freedom to contrast with the dumpster fire that is the west? If jacking up the minimum wage would just solve the problem and get everyone spend more money then every economist would be for it. Everyone thinks that raising the MW would really stick it to the corporations but in reality all it would do is sabotage competition who can barely afford to stay open as it is, then Amazon is the only business that can afford to pay their workers $15/h and the cost of living skyrockets as a cherry on top. The "fix" is to make the dollar worth more, but that ship sailed a very long time ago and the pandemic is the nail in the coffin.

>>28546710
lol wut?

I don't even stand for full racial equality, but you must go back...to the origin of your opinions and figure out what went wrong

>>28547039
>Why stop at $15
Why did we stop at $7.25? Is it because it’s the perfect amount and should remain there forever?

>>28547039
A $15 min wage isn't going to hurt the economy. The other retarded shit you just said would.
This is a stupid cuckservative talking point.

>>28547471
>>28547373
Actually it won't hurt the economy at all because a rising tide lifts all boats.

>>28547613
proof by analogy, very big brained technique on display here

>>28547039
Complete strawman lol

>>28547779
The increased spending will stimulate the economy, increase the money velocity to record highs, and eventually offset the minimal negative effects of the minimum wage increase.

It's actually a net positive until a very high point, which is why 15$ is low.

>>28542268
Nope.
Living wages mean more disposable income for most people, and when you can afford resent , food and then some small luxuries, but not big things like your own home, then that money goes back into the economy very quickly.
Giving people living wages improves the economic state of the whole country in every study and historical example where it's been applied.
People on this board and in general in the middle class just hate poor people because that's what they're scared of becoming, unaware that they look exactly the same as them to the people whose wealth they will never reach, and who actually benefit from below living wages.

>>28548451
afford rent*
fucking autocorrect.

>>28547613
>>28547471
This is how it is bad.
Say a person currently gets paid $14-15/hr after all bills can afford rent at $700 with wifey.
They raise min wage from 7.25 to 15.
Few months later rent goes up $300 cause more can afford renting at higher value.
Guy still just gets paid $15/hr. Suddenly in a crisis.
Oh all his bills? Went up $5-$10 for each a month. Grocery shopping? Rised as well. Gas for work? Rised as well.
It is a shitty idea that wont fix the problem.

some jobs aren't worth $15 an hour to a company. raising minimum wage will result in cutting staff and spreading a workload among them or replacing a job entirely with a computer or simple machine. this also creates a situation where large swaths of people aren't worth paying $15 an hour to do fucking ANYTHING, thus flooding the labor supply with desperate people who will take any fucking job for the new minimum wage. with a glut of desperate people, $15 an hour is not just the minimum wage, but also becomes the MAXIMUM wage for a job, because, thanks to a lack of leverage with a now instantly replaceable position, there is no way to expect a raise if you don't have leverage in these shitty positions. in this way, major corporations will likely end up saving money with an increase in the minimum wage, which is likely the only interest being served when the government gets involved in finances at all nowadays

basically, it's a way to create a permanent lower class in the long run.

>>28548661
You just make it illegal for bills to increase at all.

>>28548661
Question, have the costs of those things stayed the same since the 7.25 minimum wage was implemented?
No? They all got more expensive regardless?
Interesting.
>Muh $20 burgers
That's a FANTASTIC way to lose all your customers to your competitor who won't raise the prices any dealbreaking amount because they're not retarded.
If a company can't afford to exist because of an extra $7 an hour for their lowest paid employees, they are shitty at their business.

>>28548661
>Rised
Completely disregard this retard

>>28542268
ITT: The business board doesn't know a god damn thing about economics, inflation or workforce automation.
Wish I could say this is surprising.

>>28545809

what the fuck I love obama now

>>28548861
>lose all your customers to your competitor who won't raise the prices
faulty assumption predicated on the (mis)fact that the shmuck who owns a local franchise isn't paying them a fair rate to begin with. Reality is that he's already paying them frankly more than their worth, and that certain jobs just aren't valuable. If you want middle class jobs again, maybe don't vote for the globalists on either side of the aisle who off-shore manufacturing and import the third-world

>>28542983
Paying people a living wage would lower the crime rates to a point where nobody buys guns anymore. That's fascism of the highest order. The people need to buy guns. The constitution commands it.

>>28548872
fine, risen..
>>28548861
Yes, but the guy at $14-$15 already budgeted for all that, he didnt get the 2x increase in spending power. How far up in pay before no one gets an increase? They all now see more in their month costs. Many live pay check to pay check with little to no savings. The causes them to cut back on spending further hurting the economy.

>>28549293
>Paying people a living wage would lower the crime rates
too bad race has a stronger correlation with crime than does poverty, oopsie! FYI states like Maine with predominately high european populations have european gun violence stats (low).

>>28543297
The government could exempt children, women and niggers from the minimum wage.

>>28545809
>Obama deported about 100k more mexicans every year than Trump did.
Obama changed the definition of "deportation" to mean turned away at the border

>>28543000
This, I live in Michigan and the amount of people living in government housing and foodstamps in the big cities is majority.

>>28542268
raising minimum wage is irrelevant if we don't police our borders and barely enforce illegal labor
if anything, it just further incentivizes small businesses to use more illegals because the opportunity cost of not doing it is even higher

>>28542363
If we keep inflating the dollar we can make that reality. I'd love to see a trillion dollar minimum wage.

>>28545809
Obama redefined people turned away at the border to qualify as deportation
nice talking point though

>>28549454
Shhhh don’t tell him about the ten zip codes that have afghanistan tier violence and what their demographics are

>>28549289
If those jobs aren't valuable what's the problem with the minimum wage? Surely you can do without a job being done if it has no value.

>>28549363
>He didn't get the x2 in spending power.
If $7 barely covers your living expenses and they're "already budgeted", the extra money is literally more than a x2 in spending power. Assuming that the $7 go almost entirely towards subsisting, and that it is enough for those needs. Then they currently have, let's say, $1 an hour of those $7 that's not going to basic necessities. At $15 an hour that would be $9. Far more than double.

I'm going to stop pretending to be retarded.

Unironically I still support high minimum wages because it would accelerate the death of America. This is also why I support forgiving of all student loans. Imagine the seething on all those blue collar workers who never went to college now discovering they have to foot the bill for latte sipping upper middle class college kids who were irresponsible with their money. It's going to be glorious.
>>28548861
Only big businesses can absorb the costs of regulation. Increased regulation is actually one of the main driving forces behind slowly concentrating wealth into the accounts of a few large businesses in the US. If you're okay with that, by all means.

>>28550080
>If those jobs aren't valuable what's the problem with the minimum wage? Surely you can do without a job being done if it has no value.
? It's not clear what your point is, and the point I assume you're making I've already answered with what I've written

>>28542268
I like to think that Biden is using it as a political threat against the republicans. A $15 dollar minimum wage will push huge numbers of people to megacorps. Therefore, smaller businesses that would usually donate republican would be cash-strapped and the republican party would lose a great deal of patrons. So it is in the republican parties best interests to play along in other reforms such as healthcare or immigration or education.

>>28550080
The people being punished by the $15 increase? Those already making $14-$18.
>Why the $14 you may ask.
Well the pay increase goes for everyone but so does the cost of living increase. Many will not be getting raises as well, I can promise you that. Hell more of the $15+ already paid may get laid off cause of the increase pay they need for the far less workers that they can barely afford in the first place.

What kind of retard works for minimum wage?

>>28542268
Where is that money going to come from?

>>28550718
>Republicans vs demorats

Please, Republicans are done

>>28542268
Its just an stupid spiral which needs more and more money from the goverment to work, the only longterm effect are more taxes.

>>28542268
I'm Canadian and the moment they raised minimum wage from $10.25 or whatever it was before in Ontario, to $14:
>Multiple companies cut employee benefits, paid breaks, slash hours, and lower the # of employees
>I was already paid $14.75 (with shift bonus) from my job at entry-level and more senior workers got over $15
>Everyone immediately upset at wage depreciation
>Some random retard slapping 1/2 oz "burgers" on the grill for 1 minute at McDonalds or selling Coffee through the drivethru at TimHortons is now paid discouragingly similar
>Alot of employees talking about taking more time off
>Alot of talk about how working the backend of a big retailer/grocer is probably easier, less stressful, and almost paid the same
>Almost have a Union Strike over the issue because bossman says he would make more money shutting the place down and renting it as storage.
>End result is a minimal increase to seniority wages that the Union happily agrees on and nothing for anyone else
>Suddenly universally spotty attendance with dumb reasons from every shift
>Seniority that was working past retirement now taking retirements

>Meme Virus hits
>1 year layoff anniversary in early March
>ty Canadian gubbermint for handouts

>>28550861
The cost of living always increases regardless of wage, it's this newly discovered thing called inflation.

>>28552255
>The cost of living always increases regardless of wage
what a fucking stupid thing to say. It increase _disproportionately_ to inflation. There you go. Moron.

>>28542268
Wage price spiral, aus minimum wage is $21.66 Scotty fun bucks. Which is roughly 15usd. It makes profits in the service and hospitality industry paper thin, so when shit goes wrong which it almost certainly will, owners fold instantly without gov support, or have to do dodgy shit to survive. Minimum wages are bullshit, don't lift wages to make life easier, make essentials cheaper.

>>28542268
It doesn't effect me one way or the other. I could genuinely give a fuck, I am checked out of society at this point.

>live in small town
>cost of living is low, so making $10/hr gets me by just fine
>Federal Government has decided the economy of my small town is deemed impoverished, puts minimum wage at $15/hr
>everywhere increases their prices or goes out of business

>>28552601
Yes. It does. Inflation is a PART of it as it affects the price of LITERALLY EVERYTHING.
And the increase in cost of living been happening regardless of minimum wage, and due to a speculative bubble that caused 2 market crashes. Were you not around for those? You know you have to be 18 or older to post here, right?

>>28542467
your brain is really smooth

>>28552870
I'll wait until you make a coherent point instead of listing observations that go nowhere.

>>28546817

Raising the floor does not help anyone. If anything, it brings people closer to poverty than before. In the short-term when people are still under leases it may help them, but in a year the market will adjust for every single working person making a BARE MINIMUM of $15/hr across the entire country. Then the person that was making $17/hr is now closer to minimum wage than they were before.

It also inflates the dollar, but we're printing money at such a rate that no one cares about that anymore.

>>28546651
See
>>28546817

if it increases the purchasing power of those at the bottom end of the wealth spectrum in the long run then sure

if it doesn't and just leaves us chasing an ever increasing rate of inflation then no

>>28552986
Literal retard.

>>28542589
It literally retarded.

Do you only mouth breathe?

>>28547471
Doubling the minimum wage in over 20 states will hurt the American economy actually. Oh well, I'm already in the process of leaving.

>>28553320
still waiting on a single assertion. If you can't make one then do us all a favor and piss off back to r*ddit

>>28546627
Denmark is one of the most diverse countries on the planet and has been able to pay it's lowest paid workers the equivalent of $15 USD or more for the last 30 years.

For example, Denmark ranks 55th in the world in terms of diversity (compared to USA which is ranked at 204th)

source: Alberto Alesina; et al. (2003). "Fractionalization" Journal of Economic Growth. 8: 155–194. doi:10.1023/a:1024471506938.

>t. proud dane

>>28542268
Yes, I am fine with a $15 maximum wage.

>>28553412
Why do americans believe that paying the lowest paid workers in society $15/hr will hurt the economy? We in Denmark have been paying our lowest paid workers at least that amount for 30 years and we're one of the most powerful economies on the planet.

>>28553581
Explain how income and other taxes well Mr Dane. Its a bit of a missing factor of why pay is so high.

Americans instantly resort to welfare ignoring over half of their money goes to the military budget

>>28553581
>>28553717
Explain how income and other taxes work in Denmark as well Mr Dane. Its a bit of a missing factor of why pay is so high when you pay so much in taxes.

>>28542589
I mean prices would go up but unless the cost of minimum wage labor is 100% of your business expenses there's no reason why prices would double.

Ultimately it would be like: minimum wagies make 100% more, everything ends up costing 30% more. Minimum wagies' purchasing power still goes up 70%, everyone else's goes down 30%. Ultimately it does what it was trying to do which is narrow the income divide between top and low earners, at least as measured in terms of purchasing power.

>>28553717
And very, very white

>>28553717
what are your Doctors paid, again? 70k?

>>28553947
And. They still have Doctors

>>28553756
We danes are, in our ancestry, villagefolk. We have it ingrained in us to take care of our other villagers. We believe all of Denmark is a village. We don't mind paying more in taxes if it means we have well-funded schools, robust unemployment, and free college.

>>28553919
Actually, no. Denmark is one of the most diverse countries on the planet due to our ancient trade routes bartering with berbers, chinese folk, moors, and the spanish.

In fact, Denmark is ranked 55th in the world in terms of diversity whereas USA is only ranked 204th.

source: Alberto Alesina; et al. (2003). "Fractionalization" Journal of Economic Growth. 8: 155–194. doi:10.1023/a:1024471506938.

>>28542268
we need a $20 minimum wage

>>28553947
Danish doctors are paid on average 1,280,683 krones which is the equivalent of about 200k USD per year.

>>28554130
Are you retarded?

>>28542589
This basically. I'm a cost accountant and all I do is variance analysis/DS for outsourcing. I'll tell you what price floors do using small words for the smoothbrains. Companies don't give a fuck about the arbitrary numbers, it is all ratios and percents. ROI and profit margins are everything. When you double minimum wage you just increased labor costs across the entire labor market (it is a market). You think the skilled laborer making $15-$20/hour is going to accept that wage when he can get high and flip burgers for the same amount? Fuck no. He wants $25-$30/ hour now. It's a ripple effect. You essentially increase labor costs across the entire domestic workforce. So what will a company do to maintain profit margin? They have 3 options:
>offshore
>automate
>increase product prices

In the end most do a combination of all 3. This just leads to inflation and unemployment. Increase the inputs for product the companies WILL find a way to remain profitable. That involves the cost of everything going up and/or canning domestic workers and hiring ravi/xi.

I do the outsourcing calculations.

>>28542924
Denmark also has a flat crypto tax of 55%. you're not gonna convince anyone that isn't a shithole.

>>28546643
I appreciate the creativity, and I get the concept of being butthurt about paying property tax to fund schools that are closed by Chinkflu, especially if you don't have kids. But I think the downsides to your approach are significantly worse than some other property tax strategies. Not to get too political, but I hate the economic incentives that this creates...here's just two of them.
* Your plan creates a negative incentive towards creation of families Oh no, guess we better not encourage having families and just invite a million shitskins a year to replace into the country instead.
* If you're taxed by the person, now you need a new government bureaucracy to keep tabs on how many people are staying on your property at all times. Any house guests you have now put you at risk for more tax by bureaucrats that hate you. Certainly this won't be abused in any conceivable fashion. Wink.

>>28545363
You’re right but reducing the cost of living while increasing profits are not compatible ideas in America.

>>28554344
Are you angry that we are more diverse than USA? Why are americans so angry all the time?

>>28546259
remove minimal wage!

>>28542589
3000 japbux for large Dominos here

>>28545363
>that pic
Not too bad, Id live in it seems pretty nice. wonder what repairs would need to be done though, ehh even with the repairs its still probably way cheaper then most homes when It comes to total amount spent on it.

>>28554483
Because Denmark isn't, by a long shot. The fact that leaving your country means you've been to Germany, Sweden, and England shows you have no fucking clue what diversity is in this sense.
Denmark is over 85% white. As my first comment said, Denmark is very white.

>>28542268
Yes because the government could reduce taxes if they wanted you to have money.

>>28542268
Yes because the government has more than enough authority as it is.
It's better to abolish minimum wage, cut taxes for the lower classes drastically, and then hit landlords so they're forced to invest more in productive industries.

increase it to $1000/hour and ill support it

>>28554378
We danes countered that by giving blanket union protection to all business sectors. A company cant place automation or go off shore if the workers dont vote for it. After all, what worker would vote to allow their job to be replaced?

No, no. We've been paying our workers the equivalent of $15/hr or greater for the last 30 years and our society hasn't collapsed, our government hasn't disintegrated, and we still have small businesses.

You americans need to get off the CEO's dicks and start taking care of your people properly.

>>28542589
16" pizzas cost around $20 USD in Canada

>>28554758
The study I cited says the exact opposite, my angry american friend.

>>28554917
Denmark needs to import more Somalis and Arabs.
You know, because diversity is our strength.

>>28553581
Denmark is 95%+ white you lying retard.

If you have any economic sense you are against a min wage. Raising the min wage raises the cost of goods and living thus requiring a new min wage. It's a bullshit circle. It all leads to less jobs and less small businesses.

>>28542589
But everything already increases in price even though wages stay the same

>>28555014
What percent of Denmark is white you bucktoothed whale fucker?

https://www.diversityabroad.com/articles/travel-guide/denmark

>Since Denmark is characterized as majority homogeneous

>>28542268
yeah we dont want some people to be able to afford guns.

Denmark has a small homogeneous population and is supplemented with the oil industry.

>>28555239
>citing a tourism website instead of a university study
Is this what CEO's have done to your education? I'm sorry american frens.

I'm not against it but I am against arbitrarily setting the wage at certain prices.
Minimum wage should increase based on inflation.

>>28555239
https://www.indexmundi.com/denmark/demographics_profile.html

>Danish (includes Greenlandic (who are predominantly Inuit) and Faroese) 86.3%

Keep in mind, that's not all whites. They separate Germans and Pols out, so even more whites. Do you know the percentage of the largest white ethnic group in America? German at 13% of the total population.
Holy shit you are so sheltered you ignorant fuck.

>>28543093
Yea that's never how this works. Try again.

Yes.
Because then they'll buy my things because they now have money.
I really don't understand why this is so hard for americlaps.

>>28555383

Read

>>>>28555499

>>28543427
Take this bullshit take to Reddit

How about no minimum wage at all and employers get to pay whatever they feel like it

>>28543093
It bleeds money from the middle class to the lower class who are stupid with money no matter how much they have so it all gets funneled to the upper class.

>>28554917
Vietnam and Poland also produce more GDP than you. Denmark doesn't even count as a country.

Maybe you will understand the irony of your response before you hit post. Probably not.

>>28555383
Do you honestly believe America is the 204th most diverse country on the planet? Seriously?

>>28542268
It's interesting, actually. I'm not even sure it does anything besides raise price levels. Of course, I don't think the research on this issue is weighed one way or the other, because raising minimum wages generally has mixed effects.

https://wol.iza.org/articles/does-increasing-the-minimum-wage-reduce-poverty-in-developing-countries/long

Yes because it will inflate the dollar to shit and make my crypto investments worth a lot more

Didn't you guys say that the dollar lost 40% of its value or something?
And yet you're still against raising the minimum wage?

>>28556077
This is probably the best take. Btc will soar.

>>28543923
on the contrary my friend
People who want it to all burn down don't want it raised.

>>28556111
>currency loses value
>hey! Let's drop it's value even more!

Ngmi

>>28556111
Needs to go lower
I'm tired of holding this bag

>>28542589
As opposed to paying $12.99 for a pepperoni pizza
Plus tax
Plus convenience fee
Plus tip

You do realize the min-wage plan also ends tipping culture in 7 years. I'm all fucking for it.

>>28546528
>>28542589

Currently work at a pizza place. It's a racket if there ever is one. The only reason I work there is to make the government think I'm poor as shit and I pump all my cash tips (which I don't claim) into crypto.

The amount that they exploit the inside workers is insane though. I'm a delivery driver so most of my income is tips but they do shit like force employees to take unpaid breaks (which I got in trouble for pointing out is illegal) just to skim out as much money as they can from the workers.

>>28556372
>tipping
>Ending
You're dreaming bud

>>28542268
Yes because all it does is raises the prices of everything else and kill jobs

>>28556372
>You do realize the min-wage plan also ends tipping culture in 7 years.
How? A large chain raised server wages a few years ago and removed tipping.
They went bankrupt.

Here's a little secret: workers on tips make a fuckton more than the people actually making the food. They don't want to get rid of it.

>>28542961
Why doesn't he remove minimum wage all together? Why doesn't every country do that?

Fucking retard.

>>28556654
Why doesn't he?

>>28542898
I honestly can’t argue with that.
>charge them more

>>28556652
>>28556529
Read the fucking bill you smoothbrains.
Tipped wage rate will be phased out in 7 years.
If you still want to tip thats your business.

>Minimum wage is increasing
>Prices of products are increasing
>Inflation

Enjoy loosing money

>>28542268
All it will do is put people in higher tax brackets and inflate the money supply. You want more value for your work you need to get rid of the brown people and the Jewish

Remember that bizonacci used to work at mcdonalds and he killed himself.
You "economic literate" monsters killed bizonacci, good job.

>>28556958
And immigrants

Im indifferent to whether poor people need more help but if you did believe they do then lower their taxes instead of making small businesses give them more.

taxation is theft

>>28556920
Who's going to phase it out? The tipping police?
Shut the fuck up smooth brain

>>28546259
stop telling employers what to pay employees and just give UBI

>>28556920
Know the fucking law you know
>If wages and tips do not equal the federal minimum wage of $7.25 per hour during any week, the employer is required to increase cash wages to compensate.

Any server not making over minimum wage in tips sucks ass but gets the difference anyway.

>>28557170
https://edlabor.house.gov/imo/media/doc/2021-01-26%20Raise%20the%20Wage%20Act%20Fact%20Sheet.pdf

>>28555849
Wanna compare their gdp per capita? Didn't think so

>>28557393
What are they going to do to enforce that you faggot?

>YOU DIDN'T PAY ME ENOUGH REEEE! I'M GOING TO CALL THE POLICE ON YOU!

The only people who work in restaurants are illegal immigrants anyways

>>28544136
>thinking doctors are still making bank
Medicine is not a field to consider if you want to make money anymore. CMS just made another 10% cut to physician reimbursement and healthcare facilities are learning they can hire PAs/NPs for a fraction of the cost. As everything is algorithms and best care guidelines, any idiot can do it. Surgeons make decent money still but only after 13 years of post-college training. And even then the constant bureaucratic bullshit and endless busy work means most burn out in 20 years. Sad thing is the young guys are naive and hungry and in educational debt to their ears so they’ll work like dogs after residency. It’s only a few years in the truth hits them. Medicine is no longer the career it used to be
>t. Dr Anon, 20 years

There should be no minimum wage. If someone is willing to work for me for $1, and that's the best job they can get, and that's the highest wage I can make profit at, then I should be allowed to do it. Minimum wage is stupid. You can't pay someone below the minimum wage to survive if they are full time, because then you won't have anyone to work for you.

>>28543297
this is true. but they could afford to pay you 10$ and have annual increases indexed to inflation

>>28554324
that's a lie, give me median salary
https://www.statista.com/statistics/878471/salary-distribution-of-physicians-in-denmark-by-salary-group/

>>28554917
>start taking care of your people properly
Certain factors here you cannot even fathom let alone appreciate make that impossible

>>28556654
he should?