The consequences of a $15/hr minimum wage

[ryano]

Seattle was the first city to implement this minimum wage increase, and LA has come to be the 2nd. Only time will tell if this was a terrible decision.

42 percent of surveyed employers were “very likely” to reduce the number of employees per shift

44 percent reported that they were “very likely” to scale back on employees’ hours to help offset the increased cost of the law

More than 43 percent of respondents said it was “very likely” they would limit future expansion in Seattle in response to the law

One in seven respondents is even “very likely” to close a current location in the city limits

Full article here:
http://viral.buzz/seattles-15-minimum-wage-crash-for-many-their-new-wage-is-zero/

To me, in the end, employers will cut employees hours even more so since obamacare was enacted. They may even be forced to lay off a few employees, causing unemployment rates to go up. Cost of living will go up to offset wage increase. Small businesses who can't afford it will be forced to close, or move out of the city. Which in return, means corporate giants will continue taking over the ma&pa shops of america.

 

[S.J.W]

Places like McDonalds won't lay off staff, they can't. They are already operating at the lowest possible amount of staff they can have, so as to maximize profits. As for cost of living, yes that will go up but only in key areas of bread/ milk and necessities. 15 an hour is still shit all to live on and your gucci hand bag will be fine OP. But they don't deserve 15 an hour, maybe 10 max. If you're working at McDonalds for a career then you're a fucking idiot. Plain and simple. I'm 18 turning 19 and I've worked at McDonalds since I was 14 and yeah it sucked to go from 17 an hour in Australia to 11 an hour in Canada but you make sacrifices. And no I'm not choosing McDonalds as a career

 

[cool_name]

Places like McDonalds won't lay off staff, they can't. They are already operating at the lowest possible amount of staff they can have, so as to maximize profits. As for cost of living, yes that will go up but only in key areas of bread/ milk and necessities. 15 an hour is still shit all to live on and your gucci hand bag will be fine OP. But they don't deserve 15 an hour, maybe 10 max. If you're working at McDonalds for a career then you're a fucking idiot. Plain and simple. I'm 18 turning 19 and I've worked at McDonalds since I was 14 and yeah it sucked to go from 17 an hour in Australia to 11 an hour in Canada but you make sacrifices. And no I'm not choosing McDonalds as a career

The amount of staff required to maximize profits will change when the cost of employees goes up 50%

 

[Chubz.]

If it passes in NY im gonna be countin stacks so idgaf

 

[cool_name]

[video]https://youtu.be/ca8Z__o52sk[/video]old video, but still sums up my thoughts on the minimum wage perfectly

 

[S.J.W]

The amount of staff required to maximize profits will change when the cost of employees goes up 50%

but they can't change how many staff they put on. Hypothetically it takes 10 staff to deal with 100 customers so their experience is satisfactory. If they drop down to 9 staff for 100 customers then customer satisfaction will drop. And McDonalds cares more about repeat customers more than they do about making a profit

 

[cool_name]

but they can't change how many staff they put on. Hypothetically it takes 10 staff to deal with 100 customers so their experience is satisfactory. If they drop down to 9 staff for 100 customers then customer satisfaction will drop. And McDonalds cares more about repeat customers more than they do about making a profit

Why do they care repeat customers?

 

[Nikolaus]

The current minemum wage is not enough to live on, especially when it's supporting more than one person. People claim that only teens who don't support thsves have those jobs, but in reality most of these positions are held be adults supporting at least one other person. Everybody deserves a livable wage. People also make the argument that raising the minemum wage will force prices up because they don't have the extra money, however, if you look at companies like Walmart and McDonald's, they can easily afford it. Their CEOs are earning tens of millions of dollars when their employees don't have enough to live on. The Walton family is worth as much as the entirety of Mongolia. They could easily pay their employees much better, only their greed stops them. We need a national minemum wage if $15. We are one of the only developed countries that has people that still can't get by with a job and welfare.

 

[S.J.W]

Why do they care repeat customers?

well if McDonalds quality drops (lol) then people will choose other restaurants. Both McDonalds in America and Canada failed to grow profits last financial year so they're not about to cut staff to maximize profits because everything will fall to shit in their restaurants.

 

[ryano]

The current minemum wage is not enough to live on, especially when it's supporting more than one person. People claim that only teens who don't support thsves have those jobs, but in reality most of these positions are held be adults supporting at least one other person. Everybody deserves a livable wage. People also make the argument that raising the minemum wage will force prices up because they don't have the extra money, however, if you look at companies like Walmart and McDonald's, they can easily afford it. Their CEOs are earning tens of millions of dollars when their employees don't have enough to live on. The Walton family is worth as much as the entirety of Mongolia. They could easily pay their employees much better, only their greed stops them. We need a national minemum wage if $15. We are one of the only developed countries that has people that still can't get by with a job and welfare.

Since when is it the governments job to take care of society and their poor decisions that lead them to making a career out of working for McDonalds, etc.

And you do realize there are tens of thousands of businesses (small or relatively big), other than wal mart or mcdonalds, right? Thats what this new law is and already has affected.

So since minimum wage is increasing in LA, does that mean I can double my day rates when charging for my work? It should be only fair, right? Or at the very least, raise my rates the same percentage that the cost of living will go up.

People said obamacare wouldn't affect hours, employment, etc.. But guess what. It has. I know several people that have had their hours cut to 24hrs a week so the company doesn't have to pay for healthcare..

 

[Nikolaus]

Since when is it the governments job to take care of society and their poor decisions that lead them to making a career out of working for McDonalds, etc.

And you do realize there are tens of thousands of businesses (small or relatively big), other than wal mart or mcdonalds, right? Thats what this new law is and already has affected.

So since minimum wage is increasing in LA, does that mean I can double my day rates when charging for my work? It should be only fair, right? Or at the very least, raise my rates the same percentage that the cost of living will go up.

People said obamacare wouldn't affect hours, employment, etc.. But guess what. It has. I know several people that have had their hours cut to 24hrs a week so the company doesn't have to pay for healthcare..

You just said that the government shouldn't do anything at all for their constituents. Forgive me if Im wrong, but Im pretty sure the whole point of government is to take care of society. Most people who make a career out of McDonalds are forced to. They didn't choose it. Most either didn't get a college education because it was insanely expensive (which is a whole different topic) or have some other handicap like not speaking english. According to the Washington Post, "nearly a third fast food workers have some sort of college experience." Virtually no long term fast food employees got that way by their own means.

Everybody keeps claiming that raising the minimum wage will hurt small business, but it can have several benefits. For example, the Washington Post says “The only way a business is going to survive is if people have money to spend, and if people have money to spend, they will buy your product,” Barb Johnson, who owns a small cafe in Minnesota, said in an interview earlier this year with the University of Minnesota.

“I’m not losing money by paying one or two people higher wages if I’m busy enough,” she added. “And I would be busier if more people had more money.”

John Shepley is one of the owners of a Maryland business that grow plants for eco-friendly roofs. His state last month became the second state to embrace the president’s calls for a $10.10 minimum wage, says he favors the wage hike. He noted that low-wage workers usually turn right around spend nearly all of their earnings, often at local businesses.

“That added spending, added tax base, and all the other benefits are going to far outweigh any conceivable downsides,” he said at an event with the Department of Labor."

As to obamacare, the only reason there were so many problems was because the conservatives were determined from day one to hinder it in every way possible to make obama look bad. If the company cuts their hours to 24hrs a week to avoid paying for healthcare, then theyre being dicks. Healthcare should be universal, but at the very least covered by the employer.

 

[ANDR01D]

Can't we just make it like $15/hour but require that 5 pre-tax bucks per hour goes towards student loans. That way we can reward people who are actually trying. And if you don't have student loans you only get $10/hour.

 

[Charlie_Kelly]

Seattle was the first city to implement this minimum wage increase, and LA has come to be the 2nd. Only time will tell if this was a terrible decision.

42 percent of surveyed employers were “very likely” to reduce the number of employees per shift

44 percent reported that they were “very likely” to scale back on employees’ hours to help offset the increased cost of the law

More than 43 percent of respondents said it was “very likely” they would limit future expansion in Seattle in response to the law

One in seven respondents is even “very likely” to close a current location in the city limits

Full article here:
http://viral.buzz/seattles-15-minimum-wage-crash-for-many-their-new-wage-is-zero/

To me, in the end, employers will cut employees hours even more so since obamacare was enacted. They may even be forced to lay off a few employees, causing unemployment rates to go up. Cost of living will go up to offset wage increase. Small businesses who can't afford it will be forced to close, or move out of the city. Which in return, means corporate giants will continue taking over the ma&pa shops of america.

Yeah fuck universal healthcare and providing low-income families with a livable wage!!! Whats that terrorist thinking! Let go back to the privatized system and 7.25/hour without adjustments for inflation because thats what our founding fathers would have wanted.

 

[ANDR01D]

Yeah fuck universal healthcare and providing low-income families with a livable wage!!! Whats that terrorist thinking! Let go back to the privatized system and 7.25/hour without adjustments for inflation because thats what our founding fathers would have wanted.

No, what the founding fathers would have wanted is for people to take advantage of the opportunities this country provides and work hard to increase their standing (Skilled Labor and Degrees). The last thing they would want is for those who have worked hard to be no better off than McDonald's employees. Or God forbid, someone decides to forgo hard work because places like McDonald's are now the easiest bucks you'll ever earn.

 

[ANDR01D]

Yeah fuck universal healthcare and providing low-income families with a livable wage!!! Whats that terrorist thinking! Let go back to the privatized system and 7.25/hour without adjustments for inflation because thats what our founding fathers would have wanted.

No, what the founding fathers would have wanted is for people to take advantage of the opportunities this country provides and work hard to increase their standing (Skilled Labor and Degrees). The last thing they would want is for those who have worked hard to be no better off than McDonald's employees. Or God forbid, someone decides to forgo hard work because places like McDonald's are now the easiest bucks you'll ever earn.

 

[turquoise]

 

[Charlie_Kelly]

No, what the founding fathers would have wanted is for people to take advantage of the opportunities this country provides and work hard to increase their standing (Skilled Labor and Degrees). The last thing they would want is for those who have worked hard to be no better off than McDonald's employees. Or God forbid, someone decides to forgo hard work because places like McDonald's are now the easiest bucks you'll ever earn.

Getting a degree is insanely expensive and with the current job market not even 100% secure. Skilled labor is good and is a cheaper alternative with sometimes equally high if not higher payout than some degrees. But some people don't have the time or financial resources to do either of these. It seems the conservatives on this site feel that anyone can receive higher education, but that is an absurd fallacy.

Then you factor in people who never went to college for various reasons but still need an education to get a decent job anywhere. Now imagine this person has kids. It goes on and on and on. People seem to think getting a college degree is a black or white choice but its not.

The world needs people to work at McDonalds and Walmart. If everyone "worked hard" and "got an education" there'd be no people to fill these jobs. Now I'm not saying the minimum wage needs to be 15, just something livable, and 7.25-10 is hardly livable.

 

[Filet-O-Fish]

But they don't deserve 15 an hour, maybe 10 max. If you're working at McDonalds for a career then you're a fucking idiot. Plain and simple.

The minimum wage reached its (inflation-adjusted) historic high in 1968, when it was raised from $1.40 to $1.60 per hour. Adjusted for inflation using the BLS online inflation calculator that would come to $10.55 per hour in 2012 dollars, so yeah I think that around 10 is pretty fair.

 

[S.J.W]

hahahha supply and demand curves are used for the most of basic high school economics. They have no real world application and as for your graph, hahahahaha. That's so false

 

[integralmgmt]

For the vast majority of businesses affected (Walmart, McDonalds, etc...) employee wages constitute an incredibly small portion of their total costs. To me, the ideal situation would be a federally mandated $15 minimum wage with public support. For those talking about inflation due to that type of raise, it simply wouldn't happen. The vast majority of wealth is in the hands of the wealthiest few, and this would be a very small change in wealth distribution and amount of money in circulation.

 

[JahFeels]

The biggest issue isn't entry level employees making $15 and hour. It is the people who have earned $15 and hour through hard work and now make the same as the new guy. All those $15 an hour people are going to be pissed and expect an increase in their wage. Or more than likely they will leave the company due to butthurtness when the boss laughs at them.

 

[cornholio]

but they can't change how many staff they put on. Hypothetically it takes 10 staff to deal with 100 customers so their experience is satisfactory. If they drop down to 9 staff for 100 customers then customer satisfaction will drop. And McDonalds cares more about repeat customers more than they do about making a profit

or this is just the excuse these companies needed to start automating these low-skilled jobs. they can claim they've been backed into a corner and robots are the only way to sustain their profits with this forced labor hike.

 

[Barefootin_Fiend]

hahahha supply and demand curves are used for the most of basic high school economics. They have no real world application and as for your graph, hahahahaha. That's so false

come on now. that's simply false. we used sd curves all the way through graduate level managerial economics. to say they have no real world application is just not true. maybe not in your world, but they are certainly used.

For the vast majority of businesses affected (Walmart, McDonalds, etc...) employee wages constitute an incredibly small portion of their total costs. To me, the ideal situation would be a federally mandated $15 minimum wage with public support. For those talking about inflation due to that type of raise, it simply wouldn't happen. The vast majority of wealth is in the hands of the wealthiest few, and this would be a very small change in wealth distribution and amount of money in circulation.

i don't know where in the fuck you got the idea that for the vast majority of businesses, labor costs are an incredibly small portion of total costs, but that's about as backwards as it gets. in all of my experience working as an accountant for almost the last decade, i can say with absolute certainty that this is 100% false. labor is the biggest cash cost for damn near every company...ESPECIALLY the large ones.

basically, you have no idea what you're talking about.

 

[cool_name]

well if McDonalds quality drops (lol) then people will choose other restaurants. Both McDonalds in America and Canada failed to grow profits last financial year so they're not about to cut staff to maximize profits because everything will fall to shit in their restaurants.

I'm sorry I think you replied to the wrong post, I asked why do they care about repeat customers?

 

[cool_name]

You just said that the government shouldn't do anything at all for their constituents. Forgive me if Im wrong, but Im pretty sure the whole point of government is to take care of society. Most people who make a career out of McDonalds are forced to. They didn't choose it. Most either didn't get a college education because it was insanely expensive (which is a whole different topic) or have some other handicap like not speaking english. According to the Washington Post, "nearly a third fast food workers have some sort of college experience." Virtually no long term fast food employees got that way by their own means.

Everybody keeps claiming that raising the minimum wage will hurt small business, but it can have several benefits. For example, the Washington Post says “The only way a business is going to survive is if people have money to spend, and if people have money to spend, they will buy your product,” Barb Johnson, who owns a small cafe in Minnesota, said in an interview earlier this year with the University of Minnesota.

“I’m not losing money by paying one or two people higher wages if I’m busy enough,” she added. “And I would be busier if more people had more money.”

John Shepley is one of the owners of a Maryland business that grow plants for eco-friendly roofs. His state last month became the second state to embrace the president’s calls for a $10.10 minimum wage, says he favors the wage hike. He noted that low-wage workers usually turn right around spend nearly all of their earnings, often at local businesses.

“That added spending, added tax base, and all the other benefits are going to far outweigh any conceivable downsides,” he said at an event with the Department of Labor."

As to obamacare, the only reason there were so many problems was because the conservatives were determined from day one to hinder it in every way possible to make obama look bad. If the company cuts their hours to 24hrs a week to avoid paying for healthcare, then theyre being dicks. Healthcare should be universal, but at the very least covered by the employer.

The whole point of government is to take care of society~ ya, that is of the largest points of contention when discussing the government, so far from a fact

Nearly one third has Some sort of college experience~ would that not included people currently enrolled and working there part time? Ya better pay those college kids more, bars are expensive

Barb johnson~ can I have some proof more people would have money, they way I see it there would be more wage cuts resulting in less money circulating.

For other quote ~ great, let's see some proof, I see no reason why I should accept your opinion without proof simply because the idea is in quotes

As to Obamacare the employee was just being a dick to cut hours~ what is going to stop them from being a dick and cutting hours if the minimum wage goes up

 

[KravtZ]

hahahha supply and demand curves are used for the most of basic high school economics. They have no real world application and as for your graph, hahahahaha. That's so false

Your a genuine moron. Supply and demand is so fucking relevant to real world applications. Seattle and LA raising minimum wage to $15 an hour could be the worst decision of all time. For one, business WILL cut back employee hours, # of workers, etc in order to offset the rising cost of labor.

Not to mention that Supply and Demand dictates wages. Why the fuck would Joe Schmoe who owns XYZ small business give his employee an automatic 100% raise from lets say 7.50 an hour minimum wage to $15 just because the government said they had to? If Joe's employees doesn't like what he makes now, well that he can fucking do what everyone who isnt a whiny fucking liberal would do. Either get an education, or better themselves in a way to position themselves to make more money.

Why should our government dictate how much people should make? They can't even run a balanced budget. Its not my fault people make poor decisions in life that lead them to working minimum wage as an adult. Minimum wage jobs WERE NOT meant to support a family. etc....they were designed for teenagers

 

[gotti]

Getting a degree is insanely expensive and with the current job market not even 100% secure. Skilled labor is good and is a cheaper alternative with sometimes equally high if not higher payout than some degrees. But some people don't have the time or financial resources to do either of these. It seems the conservatives on this site feel that anyone can receive higher education, but that is an absurd fallacy.

Then you factor in people who never went to college for various reasons but still need an education to get a decent job anywhere. Now imagine this person has kids. It goes on and on and on. People seem to think getting a college degree is a black or white choice but its not.

The world needs people to work at McDonalds and Walmart. If everyone "worked hard" and "got an education" there'd be no people to fill these jobs. Now I'm not saying the minimum wage needs to be 15, just something livable, and 7.25-10 is hardly livable.

Im sorry but if you think its even remotely ok to not go to college or at least learn a craft or skill then you are flat retarded. There are government agencies or banks who will give you the money to go to school, mostly because it is a good investment.

Also the unskilled labor market will always be saturated. When people don't go to college or become productive parts of the economy it hurts america's productivity per capita. Going to school allows you to get a step above unskilled labor which makes money essentially and usually because you can then control the unskilled workers. American productivity per capita is factually is higher than any other country because people go to school and end up being bosses or managers of less skilled workers in which you then encapsulate the productivity of all those below you. Americans do an excellent job of this abroad (sweatshops etc) and make bank but some idiots at home still think for some reason its OK to get that sweatshop job and be entitiled to $15 and hour when a chinese worker makes a hundreth of that, another reason why the unskilled labor market is far from running out of willing hands.

 

[gotti]

Spot on. And that region from A to B, which is the jobs lost by a wage increase, will be even greater due to behavioral economics.

 

[S.J.W]

Your a genuine moron. Supply and demand is so fucking relevant to real world applications. Seattle and LA raising minimum wage to $15 an hour could be the worst decision of all time. For one, business WILL cut back employee hours, # of workers, etc in order to offset the rising cost of labor.

Not to mention that Supply and Demand dictates wages. Why the fuck would Joe Schmoe who owns XYZ small business give his employee an automatic 100% raise from lets say 7.50 an hour minimum wage to $15 just because the government said they had to? If Joe's employees doesn't like what he makes now, well that he can fucking do what everyone who isnt a whiny fucking liberal would do. Either get an education, or better themselves in a way to position themselves to make more money.

Why should our government dictate how much people should make? They can't even run a balanced budget. Its not my fault people make poor decisions in life that lead them to working minimum wage as an adult. Minimum wage jobs WERE NOT meant to support a family. etc....they were designed for teenagers

No, I was talking about how supply and demand graphs are used for the most basic understanding of economics. With both the supply and demand graphs being straight, it fails to factor in the elasticity of prices.

Yeah Joe Schmoe shouldn't follow what the government says because some fuckwit who works on wall street think he knows better than them. And no, not anyone can achieve a high level of success by working hard. If you honestly believe that, you're delusional. Notice how there's a cycle of poverty while the rich get richer? Obama said wealth inequality was a "fundamental threat to the American dream" Not since the 20's has there been such a high level of wealth inequality within America with the 1% making up 19.3% of all wealth in America.

Now onto your third point, the US budget has been in deficit their entire existence bar a few years in the 1830's with an average 30% debt to GDP, but yeah bring up not being able to balance a budget like it's the be all and end all of arguments. And you literally repeated yourself about why should the government raise the minimum wage. Because that's one of their jobs.

 

[Charlie_Kelly]

Im sorry but if you think its even remotely ok to not go to college or at least learn a craft or skill then you are flat retarded. There are government agencies or banks who will give you the money to go to school, mostly because it is a good investment.

Also the unskilled labor market will always be saturated. When people don't go to college or become productive parts of the economy it hurts america's productivity per capita. Going to school allows you to get a step above unskilled labor which makes money essentially and usually because you can then control the unskilled workers. American productivity per capita is factually is higher than any other country because people go to school and end up being bosses or managers of less skilled workers in which you then encapsulate the productivity of all those below you. Americans do an excellent job of this abroad (sweatshops etc) and make bank but some idiots at home still think for some reason its OK to get that sweatshop job and be entitiled to $15 and hour when a chinese worker makes a hundreth of that, another reason why the unskilled labor market is far from running out of willing hands.

You act like its so easy to go to college. You realize these agencies, especially the gov., dont lend out money like they used to. And banks and private lenders? Haha, they dont loan money because its a good investment, they lend it because its the only loan you cant default on so they are garunteed their money back (with that sweet 7.99-15.99 interest rate) regardless. Not to mention to get a loan from a private lender you need good credit and a decent income. That leaves low income families with only the federal and state grant options, which will usually cover half your schooling at best. All Im saying is for a lot of people higher education isnt an option, YOU must be retarded if you think otherwise.

 

[PeppermillReno]

Its a great thing assuming they drop it to around 10 in rural areas where rent and stuff is extremely cheap and basically give employers in the middle of nowhere a loop hole like farmhands have to be paid less.

All this would do is put more cash in the pocket of people like most of the posters on newschoolers. Its not going to help out any of our parents but again the 13 year old kid reading this website for the first time is going to have MAD FUCKIN MONEY to be spending on skis in 2-3 years when this passes if it goes through it will be a great time to be a young person.

And poor ass immigrants who entered the country legally and play by the rules will have money to spend on TVs and shit will encourage all walks of society to work harder and take pride in their low paying job.

Don't listen to dickheads like Kravitz brag about their good job and their stocks and mutual funds and hate on this the economy will seriously go off if everyone is getting 15s broke motherfuckers working Dunkies are going to be able to go to the mall once a week and cop new sneakers and stuff EVERYONE WILL WIN.

Peeps gonna be able to work 20 hours a week live with 3-4 roomates get a season pass to a local hill eat in most nights and shred 100+ days a year instead of working 30 hours a week which feels like 40 since their employers are dicking them to keep them away from getting OT pay when they get extra shifts. Of course the fuckbitches on this website who sit in an office for 60k a year and think they are hot shit to earn that in their 20s are gonna be hating hard as fuck.

My jobs after I graduated from a good college paid under 15 an hour it sucked ass living on 13.25 as a 20 something. Seriously sucked ass my life didn't get started until I got some funemployment coming in and had the free time to be entrepreneurial and start scalping tickets.

Yes it will force the shareholders and CEOs and billionaires to take a smaller cut of the profits and again Im sure poor dickheads on here will hate that the upper eschelon of society has less power over the lower classes but again it will be a great thing.

 

[PeppermillReno]

Remember most poor people don't hate the rich. Most poor people hate other poor people and admire those wealthier than they.

 

[TOAST.]

Yes it will force the shareholders and CEOs and billionaires to take a smaller cut of the profits and again Im sure poor dickheads on here will hate that the upper eschelon of society has less power over the lower classes but again it will be a great thing.

Or they will increase prices and cut back on staff so their cut stays the same.

 

[PeppermillReno]

Or they will increase prices and cut back on staff so their cut stays the same.

They already are cutting back on staff as much as they can you are talking like employers currently hire extra people just for the sake of it come on man...

As I said most of this website would be balling and have tons of extra cash to spend on stuff like skis if it passed its young people who would seriously benefit big time and have much more fun in their 20s than they would otherwise.

If daddy isn't buying you a BMW why do you want to wait till your 30 to drive one when you can be making 15s an hour maybe scooping some OT here and there and make lease payments on your 3 series when you are 19 and didn't go to college and just work 50 hours a week? WHy do you wanna be pushing an old Accord again?

 

[Charlie_Kelly]

Or they will increase prices and cut back on staff so their cut stays the same.

They are already doing that. The only serious job growth currently is in the low income sector, an area that most college grads don't even consider after college.

 

[ANDR01D]

They are already doing that.

I find it hilarious that you guys think that higher-ups will cough up money meant for their pocket to pay no-skill labor $15/hr. If they can't cut any more entry level positions, all that is going to happen is that middle class people lose their jobs too. And now you will have have hard working people suffering for career McDonald's workers.

Is that really what you want?

 

[ANDR01D]

Also, you guys are not thinking about small businesses. Sure McDonald's CEO could afford to cough up a large junk of his pay, but what about small business owners? A lot of these guys take home less than their employees until their business becomes profitable. If you increase min wage to $15, all those guys are fucked.

 

[Charlie_Kelly]

I find it hilarious that you guys think that higher-ups will cough up money meant for their pocket to pay no-skill labor $15/hr. If they can't cut any more entry level positions, all that is going to happen is that middle class people lose their jobs too. And now you will have have hard working people suffering for career McDonald's workers.

Is that really what you want?

I think its funny how you act like I said I think we should have a $15/hour minimum wage...

But I really don't understand your thinking here.

1. If everyone "worked hard" and got a decent, salary paying job, who would be left to work all the shit jobs that we have come to rely on?

2. For a family of 4 the poverty line is roughly 25k, if the bread winner makes $10/hour and works 40 hour weeks for a year they will net 20,800 before taxes. That puts them 5k below the poverty line. And thats not even factoring where they live, sick days, other engagements that require them to miss work, and above all taxes. And whats funny is there are PLENTY of college grads who worked hard finding themselves making 10-15 an hour because the job market is so bad.

The hard work pays off is such a bullshit excuse, especially when you are a privileged white kid who was granted every opportunity. Not saying you personally but I'd bet my left nut the majority of this site is in that similar boat.

 

[iLLbiLLy]

Since when is it the governments job to take care of society and their poor decisions that lead them to making a career out of working for McDonalds, etc.

You're arguments are self deflating.

If you don't want the government taking care of people than they need to be paid more by the private sector (otherwise they really have no choice other than to go on welfare).

Not everyone has the same privilege that our white ass's grew up with. Just to be able to hold a steady job is an accomplishment for some (as opposed to joining a gang or dealing drugs).

IMO, it would make more sense to set minimum wage based on the companies per capital profit (on # of employees). Something like that would require profitable companies to pay a fair share to their employees without penalizing small businesses with smaller margins.

 

[PeppermillReno]

People are missing the big picture what this does is reward people for taking simple LOW PAYING (under 15 bucks) jobs that they like and remaining loyal to them. If its 15s for everything lots of people will seek employment based on what they want to do as opposed to what pays the most. Happy employees are more productive all around. Makes people not want to rely on the government either employment rates will become minimal.

Happy low paid employees with more purchasing power encompassing the bottom half of our society financially is great for everyone.

Everyone wins even if some dickhead making 20 an hour (low 40s a year) is butthurt that he doesn't earn double what a poor immigrant or a moderately disabled person incapable of holding a better job does.

 

[.FRY.]

Places like McDonalds won't lay off staff, they can't. They are already operating at the lowest possible amount of staff they can have, so as to maximize profits. As for cost of living, yes that will go up but only in key areas of bread/ milk and necessities. 15 an hour is still shit all to live on and your gucci hand bag will be fine OP. But they don't deserve 15 an hour, maybe 10 max. If you're working at McDonalds for a career then you're a fucking idiot. Plain and simple. I'm 18 turning 19 and I've worked at McDonalds since I was 14 and yeah it sucked to go from 17 an hour in Australia to 11 an hour in Canada but you make sacrifices. And no I'm not choosing McDonalds as a career

based on the intelligence that you show on this website, I wouldn't be surprised if you spent the rest of your life at mcdanks

 

[deleted5]

Wow twice in one week [video]https://youtu.be/7Pq-S557XQU[/video]

 

[S.J.W]

based on the intelligence that you show on this website, I wouldn't be surprised if you spent the rest of your life at mcdanks

someones seems a little jelly they don't get 50% off at McDonalds