Biden wants a $15 hourly federal minimum wage. Is America ready?

[mastermind]

Cmon

isnt that how capitalism works?

 

[HiphopRelated]

Cmon

businesses needed to pick themselves up by the bootstraps and whatnot

 

[Wild self]

This should be promoted more!

 

[DEAD7]

A shop in California

 

[DEAD7]

Pretty much. Businesses succeed and fail all the time. It's not a "right" to have a successful business.

Its not about the businesses themselves, its about increasing the cost of doing business and subsequently the cost of living cost of living ham-handedly without addressing racial wealth inequality and unemployment.
We need to move slowly and figure out a way to make these progressive policies lift more of the bottom. Preferably without increasing the cost of American labor.


Again, we should attack the top, and redistribute the profits imo.

 

[Consigliere]

I’d want to know how many employees he had and how many hours per week they worked before celebrating.

Also Blue states can afford this. That’s not where the concern is.

 

[Rekkapryde]

Again, we should attack the top, and redistribute the profits imo.

completely agree with the above. the wealthy have been getting away with fukkery for far too long.

 

[Rekkapryde]

isnt that how capitalism works?

people are REAL selective when it comes to that shyt ain't they?

 

[skylove4]

You(and others) are purposely painting with a broad brush...The average Fair Market Rent for a 2-bedroom home in Ohio is $742 per month. Min wage(which the majority of workers make more than) is $1,360 per month. Compare that to any coastal state you want and you will see why one shoe simply doesn't fit all.
What you are saying is, if the business plan those mom an pop establishments developed cant meet coastal standards they don't deserve to be in business. I disagree wholeheartedly, and maintain that min wage should reflect the local economy as determined by those within that local economy. Not far removed third parties.



One of the most pro corporate elite mindsets there is.
The harder you make it on the little guy the better it is got the big guy...

Small local shop: we gotta let people go, cut back hours, or close.
Starbucks: we will just raise prices or eat the loss.



My suggestion is to tax the top appropriately and redistribute the wealth effectively.
Leave the little guys alone.

The little guy in all your stories seem to be small poorly ran small businesses ( probably white) that you feel are only thing that matters compared to all others.

It’s like you want them to have welfare at the expense of minimum wage workers so they can turn a profit, but you hate social safety nets
Like the other poster said fukk them. Another better ran business will take their place.

 

[DEAD7]

The little guy in all your stories seem to be small poorly ran small businesses ( probably white) that you feel are only thing that matters compared to all others.

Majority of businesses operate on razor thin profit margins....national average I believe is 7%.

...the Walmart’s/Amazon’s of the world everyone thinks they are sticking it to represent an extremely small percentage of the market.

 

[DEAD7]

Amazon’s swampy lobbying for $15 minimum wage proves the little guy really loses

Bezos probably lobbying for $30 min wage behind the scenes to get all the comp out the paint.
Then they can raise prices and eat