Don’t those idiots understand that employers will raise prices and eliminate jobs to cope with wage increases?
Don’t those idiots understand that employers will raise prices and eliminate jobs to cope with wage increases?
They do not.Don’t those idiots understand that employers will raise prices and eliminate jobs to cope with wage increases?
Don’t those idiots understand that employers will raise prices and eliminate jobs to cope with wage increases?
Verification of 157,287 signatures on a minimum wage ballot has been achieved - well above the 92,263 signatures required.
Not to mention, the “newly enriched” also get hit with higher prices they pay caused by the wage increase they received. They effectively end up with no wage increase and possibly no job. Many of the fast food companies in California and the northwest states have eliminated workers and gone to self ordering kiosks. That is happening here in Oklahoma also.They do not.
And almost nobody gets how it's really just a thinly disguised tax increase. That's why .Gov loves these ideas. Business owners pay payroll taxes as a portion of the wages paid. Wages increase, so do payroll taxes. Naturally the "newly enriched" will discover that they too get to pay a higher dollar amount out of each paycheck.
Who pays? You guys/gals already know the answer.
Pat Buchanan discussed this at length in one of his books over 25 years ago. It's a double-edged sword. Look at the gap between management and hourly workers over the last fifty years. Companies have no problem handing out cash to upper levels, while keeping actual workers at an ever lower rate. (in terms of buying power)Minimum wage was never intended to be a living wage, the problem we have now is that many people who hold those style of jobs in the past would have previously held the low / no skill and low/no education manufacturing jobs of the past which now moved on to years ago Chyna.
This is truly the pitfalls of having a service based economy and also letting a bunch of uneducated desperate illegals into the country . Couple that with multiple generations of spoiled and entitled Americans who think job of Janitor is beneath them and if they do it they should be paid on par with work which requires a much more skill and knowledge.
Others already said this , but if you want $10 wonder bread vote for this nonsense
Enter your email address to join: