Exactly.
Life ain't meant to be easy, but there are better ways to do things in the long run.
Obama raising the national Minimum wage to $9.00 Appreciation Thread
- Thread starter Kings County
- Start date
Exactly.
Life ain't meant to be easy, but there are better ways to do things in the long run.
what majority of economist? never heard about a study or servey alluding to that but i don't mind seeing one though.
of course it's not open or shut case, like i said there is no solid theory on these things and we can only look at the data, which is another issue in itself, but the paper i posted precede the ones you did with new data from increases in the mid 2000's and and it breaks it down on a more granular level nation wide rather than just two states.
Kings County
Law III | Law XXV | Law XV
ogc163
Superstar
Here is the survey paper... http://hercules.gcsu.edu/~cclark/Survey of Republicans, Democrats, and Economists.pdf
Question 27
And here is a more recent paper from Neumark and Salas in which they discuss the Dube, Lester, Reich paper.
http://www.econ.ucsb.edu/~pjkuhn/Ec250A/Readings/Neumark_etal_Bathwater.pdf
Ms~Opinionated
Rookie
if you're a "small business owner" unable to shoulder the financial burden of a minimum wage hike, you should find another hobby.
everything you've written is apologetic drivel for rich a$$holes and wannabe ceos. it's not borne out by facts, since it's already been explained in this very thread that previous raises of the minimum wage did not adversely impact the economy.
you want to talk about "open assult" on small business owners? how about the ongoing assault on the poor by corporate america and pathetic apologists like you? do you get a cut of their profits? nope. are you paid to parrot the virtues of adam smith? nope. why do people like you come to the defense of obscenely rich a$$holes that fleece the middle class and starve the poor?
LOL
It is not that small businesses can't afford it. No, small businesses will try to raise prices to absorb the blow. Those who have customers who are resistant to price increases will go out of business.
Would you rather be left with faceless corporations? Apologetic drivel??? I have at no point defended the rich, I am saying that this will not help THE POOR. There is a difference. Are you even reading my responses?
Yet, you say small businesses owners should find another hobby. lmao. The way you are talking you would rather rigid corporations running everything with the rest of the population working under these entities at "$9/hr". No thank you.
Most of the job creation happening is coming from small business, while corporations are laying people off. If corporations become any more powerful they will absolutely crush small businesses and EVERYONE will be an employee.
If someone comes up with an idea, the corporation will either steal it or buy them out. This would be the .01% vs. the 99.99%. You aren't really looking at the big picture are you? Never trust businesses too far removed from their customers.
I feel sorry, if you ever come up with a great idea and have a hard time going anywhere. Every company started out as a small business.
Silky Johnson
The Master Investbreh
I want a nikka to show me a small business outside of a cleaning service that's paying it's employees minimum wage anyway. It's the big corporations that are the ones who need to be told "This is the lowest possible you can pay your people".
R.E.N. Spells Ren
Veteran
A chart for some of you smart dumb nikkas. How are you ok with the power of minimum wage steadily decreasing while this nation gets richer and richer?
This thread ballooned since I was last here, did those doomsday saw niccas talking bout your gonna lose your jobs and small businesses will fail and a big Mac will cos $13 ever address this?
We already did dude. But to expand further, many, if not most businesses employing people making minimum wage are not big conglomerates with greedy execs hogging all the profits. shyt most of McDonalds restaurants are not owned by "McDonalds", they are franchisee owned. Supermarkets and other retailers w/a lot of minimum wage work are low profit operations that are also largely family owned. And they all sell shyt that mainly poor and middle class people buy and spend the biggest % of their money on.
Plus again, minimum wage workers make up <5% of workers, but work in fields that serve and affect 99% of the population. Yall nikkas need to think further than a paycheck
I heard Skittles is gonna go up to 38 cents
This dude Obama's Secret Service Codename "Renegade" suits him so perfectly. The dude is just getting too far out of control nowadays
R.E.N. Spells Ren
Veteran
What does any of that have to do with the chart?
Do you not see how that chart is relevant in regards to Obamas decision to raise the minimum wage?
My point was its not as simple as 1 chart
And $15-18K/yr has never been a living wage. So minimum wage is totally arbitrary and just adds an unnecessary cost to doing business
Born2BKing
Veteran
That's because shyt is dirt cheap in those countries as opposed to here. Look at the exchange rates.
CashmereThoughts
Veteran
there goes the dollar menue
A Win For HS Kids
From 5.15 to 7.00 to 9.00, Wish i was making that in HS
lol real talk..I worked at wendy's for a week making like 5 something an hour back in hs....I realized I could make more money selling weed in school and on the block
when is this going in effect?