Living wage advocates, how are restaruant owners supposed to deal with being squeezed like this?

[☑︎#VoteDemocrat]

The same way min-wagers are living despite having wages not keeping track with inflation. They'll have to struggle and find a way.

There is no indication that minimum wage is supposed to keep track with inflation.

 

[☑︎#VoteDemocrat]

I guess no other countries exist, muthafukkas in Australia making almost $18 an hour at McDonalds.

Nonsensical posting brehs

Pretty sure this isn't in Australian dollars.

Don't tell me you compared fukking Sierra Leone to every developed country


Cost of living is higher in Australia, not to mention their money is weaker.


If you gonna quote stats, quote the right stats

 

[☑︎#VoteDemocrat]

Any business that has to get the true cost of its labour subsidized by the federal government in the form of food stamps et al, is unfit to be open and wasnt actually a net positive. Unprofitable and propped up businesses crowd out competition. Let the free market decide which businesses can survive, let them adapt. Stop making Mcdonalds a garunteed profitable place. Make them compete.

My problem with MW acolytes isn't with fast food, its with the understanding that ALL types of employment are covered by this.

This is everyone from the most menial tasks...not just fast food.

And these federal wages don't incorporate state or city increases, which DO put additional strain on localized MW strains.

No business is just going to favorably incur an effective doubling of the MW

 

[☑︎#VoteDemocrat]

Nope just pointed out that despite you accusing someone else of pulling stats out of their ass you were the one with no idea what they were talking about.

Fam, you pointed out a raw, unadjusted comparison of minimum wage.

Are you serious right now?

Its like saying, hey I have 100 pesos from a $10 bill...hey guys, I made $100 USD! ...

 

[Consigliere]

Op since wages are gonna be so high the restau. Owners can just work in their restaurants and make all that cash which then they would just pay themselves
Chaching!

I have friends that own restaurants and bars in DC and they already do work in them every single night.

It's easy to be dismissive of things that don't effect you, but OP actually has a legitimate argument.

The problem with singling out low wage workers for raises is that wages have been stagnant for everyone. We need to be pushing for wage increases across the board to keep up with the cost of living for everyone regardless of their job title. Then restaurants could increase their prices (within reason) to cover their increased overhead because their customers would have the money to afford an increase.

Squeezing middle class owners or customers to support low income workers does nothing to address the inequality created by the rich hoarding cash and exploiting government welfare. That's where the real battle is.

 

[☑︎#VoteDemocrat]

I have friends that own restaurants and bars in DC and they already do work in them every single night.

It's easy to be dismissive of things that don't effect you, but OP actually has a legitimate argument.

The problem with singling out low wage workers for raises is that wages have been stagnant for everyone. We need to be pushing for wage increases across the board to keep up with the cost of living for everyone regardless of their job title. Then restaurants could increase their prices (within reason) to cover their increased overhead because their customers would have the money to afford an increase.

Squeezing middle class owners or customers to support low income workers does nothing to address the inequality created by the rich hoarding cash and exploiting government welfare. That's where the real battle is.

Raising the floor just raises prices.

The raise in wages only benefits people for a short time until everything levels out again and MW workers are still on the bottom.

 

[Broke Wave]

Raising the floor just raises prices.

The raise in wages only benefits people for a short time until everything levels out again and MW workers are still on the bottom.

Again, Id like you to look at the research. The overwhelming evidence suggests that wage increases do not effect prices noticeably and this is of course historically speaking and globally.

 

[☑︎#VoteDemocrat]

Again, Id like you to look at the research. The overwhelming evidence suggests that wage increases do not effect prices noticeably and this is of course historically speaking and globally.

If you use the word "noticeably" it just means you're abstracting the impacts by hiding them in macroscopic terms. You zoom out enough and of course you won't see anything.

Even Obama says there will be some who are hurt. I mean, no politician lies about this.

But to just say theres no effect is untrue.

 

[Broke Wave]

If you use the word "noticeably" it just means you're abstracting the impacts by hiding them in macroscopic terms. You zoom out enough and of course you won't see anything.

Even Obama says there will be some who are hurt. I mean, no politician lies about this.

But to just say theres no effect is untrue.

I'm just giving youva summary of the evidence. I again ask you to look at the empirical research done on the effect of wage increases and prices.

 

[ill]

Again, Id like you to look at the research. The overwhelming evidence suggests that wage increases do not effect prices noticeably and this is of course historically speaking and globally.

Do you have any links to this evidence? I would imagine they use data that shows increases of $1-2 or 10-20% over the previous min wage. $15 an hr like everyone is pushing is a 100% increase in min wage. Id like to see the data that shows a full DOUBLE UP on the min wage has little to no effect on prices of goods/services.

 

[Consigliere]

Raising the floor just raises prices.

The raise in wages only benefits people for a short time until everything levels out again and MW workers are still on the bottom.

Okay, but how does this address the fact that wages have been stagnant for our entire lives while the cost of basic necessities like food, clothing & shelter have increased?

Why are those prices going up while wages are flat?

Help me out breh, my algebra is rusty.

 

[Tate]

Don't tell me you compared fukking Sierra Leone to every developed country


Cost of living is higher in Australia, not to mention their money is weaker.


If you gonna quote stats, quote the right stats

Fam, you pointed out a raw, unadjusted comparison of minimum wage.

Are you serious right now?

Its like saying, hey I have 100 pesos from a $10 bill...hey guys, I made $100 USD! ...

I'm constantly impressed by how stupid you are. How do you function in your day to day?

Yes that chart measured in local currencies. That's why the French are listed using thier French dollars and the UK thier British dollars. And in Sierre Leone thay give out three pennies per hour.

 

[☑︎#VoteDemocrat]

I'm just giving youva summary of the evidence. I again ask you to look at the empirical research done on the effect of wage increases and prices.

I've looked at this shyt for over a decade

Wage increases hurt businesses with small margins in the immediacy. Its akin to cutting off credit for many businesses.

 

[☑︎#VoteDemocrat]

Do you have any links to this evidence? I would imagine they use data that shows increases of $1-2 or 10-20% over the previous min wage. $15 an hr like everyone is pushing is a 100% increase in min wage. Id like to see the data that shows a full DOUBLE UP on the min wage has little to no effect on prices of goods/services.

Don't forget. If they push for $15 nationally, that ends up as EASILY $17.5-20 once states and cities are done with it.

 

[☑︎#VoteDemocrat]

I'm constantly impressed by how stupid you are. How do you function in your day to day?

Yes that chart measured in local currencies. That's why the French are listed using thier French dollars and the UK thier British dollars. And in Sierre Leone thay give out three pennies per hour.

Are you really this daft?

You can't use a direct numerical comparison of local currencies to determine the parity of each currency across the board

You tried to say this shyt like you knew something

The purchasing power of each currency differs so just using numerical comparison of wages is NOT a valuable comparison. Theres no standard!