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What about all of us that will be affected by higher prices on just about everything we buy? Get ready for socialism!
Typical Democrats. If you can’t democratically convince others that this is a good idea – go to plan B – Punish and Cancel until you have complete control.
Vs. letting the market decide what the going rate should be – based on the work provided and expertise involved. A minimum wage was never meant to be a living wage – rather its for part time unskilled workers, like students and stay at home parents. Raising the minimum wage will do two things: reduce the number of those unskilled jobs as employers will move more towards automation, and or raise the prices of the goods and services at those places that do pay an elevated minimum wage.
We have a major totalitarian push going on in Washington DC. by Democrats. Its not good for the country at all!!
Completely agree! The base cost for a full-time employee w/o any benefits will be around 31K per year. I imagine business owners will end up spending that on highly skilled workers to develop and/or further automate their business. This will ultimately worsen the divide…
You have to wonder how many of those moronic dumbocrats have ever owned a business and signed the front of a paycheck, rather than the back of a welfare check.
(Is that taps for The Golden Goose of entrepreneurship I hear playing in the background?)
Best comment of the day! Dumbocrats…funny!
And whom do they think this will help? It will cost jobs and as it moves the “water level” up, in terms of inflation, the people that it is designed to help will see no actual improvement in their ability to purchase. I mean this is practically “kindergarten” level of knowledge as it relates to economics.
You have got to be kidding!! 😳
While business’s like Costco, Amazon, Target and Walmart would be fine, I can only imagine all the business’s that would disappear like say, fast food. And don’t get me started on grocery stores. Grocery bills seem like they have doubled in the past year so I can only imagine what food would rise to. So much for a decent standard of living. Only the wealthy who are making these laws will not be affected because rising prices mean nothing to them.
A few years ago, California raised its minimum wage to $13.00 an hour. As Michael J noted above, the first thing that happened was prices went up across the board. Next, people earning minimum wage, who overwhelmingly work in retail or food, got their hours cut, so not only were they no better off, they were worse off because of rising prices. Next, over time, as Don A wrote above, automation eliminated a lot of those jobs permanently.
We came to Indiana two years ago from there and saw this first hand. One thing that amazed me upon arriving here was the number of companies advertising jobs at $12 an hour for entry level jobs, in a state where $7.25 is the legal minimum. In California on the other hand, at that time, people in retail and food who still had jobs found themselves making just the minimum, even if they had been making more than the old minimum beforehand.
Unfortunately, you can’t just pass a law to eliminate poverty. Whether we like it or not, the market will determine wages. Either through voluntary arrangements, or by reducing the supply of low skilled jobs. That’s reality, something Democrats lost touch with a long time ago.
Democrats never cease to amaze me…I don’t use “amaze” in a favorable way!
Democrats hate businesses and entrepreneurs, it’s no wonder large & small corporations and businesses are moving out of states like California & NY
Most big businesses will absorb this. Many small business will likely fold.
Un Effin’ believable!!!
Agree with everyone here (Unusual!)
We KNOW how the left wants bigger controlling government. What are WE going to do to stop it? Love the forums and comments but GOTTA roll up the sleeves and do the work to get OUR country back. From the people I interact with, I don’t believe the divide is as professed as the MSM Tech oligarchs want us to believe?
If this came to pass i wonder of the value of a persons total package is taken into account. Health care, paid vacation, sick days, paid holidays, etc. typical legislature from a group that for the most part never ran a business, never made a pay roll, was never the last guy paid.
This is not the time or place to be raising any costs for businesses who have been mandated to shut down. Unlike the federal government we cannot print our own money to make up for lost revenue. Fortunately it does not affect my business. I have all seasoned employees, who are making more than $15.00 an hour. However it does affect any summer help that I might consider hiring a highschool or college student to do odd jobs.
Cost of goods are going up, freight is at record highs, add higher wages and you may see inflation rates that we have not seen since the 1970s.