Minimum Wage Law

[delldude]

 
I guess then you're looking for a raise?

 

[townpete]

 
I guess then you're looking for a raise?

 
He would have a tough time getting hired based on his limited skill set.

 

[cltrat]

wait till they raise it a half them never see it after being cut loss

 

[signals]

Error. See below!

 

[signals]

To those of us currently making close to the minimum wage, We really don't give a rat's @$$ about CEOs, but wonder why they don't cut YOUR wages to fund this stupid proposal that passed in the libtard state of New York. My wages aren't increasing, so what sacrifices are you willing to make to FUND this minimum wage???
 
I thought so.
As usual nothing more that your usual diarrhea of the mouth...

 

[signals]

People do realize that the increase comes at a price? No. We really are DUMB-i-fying society. Lets see if the freeloaders without a job will look for a job. Get paid for kids or actually do some work? Tough decision, but most sit on their brains. 
 
So this is a no brainer in all logics!

 

[xUT]

People do realize that the increase comes at a price? No. We really are DUMB-i-fying society. Lets see if the freeloaders without a job will look for a job. Get paid for kids or actually do some work? Tough decision, but most sit on their brains. 
 
So this is a no brainer in all logics!

 
Well that's just silly. Everyone knows wage increases for minimum wage will have no impact on business and/or prices.
 
Dee Dee Dee
 

 

[xUT]

Does that include overtime....
Most CEO's put in an 80 hour work week.

 

[700UW]

 

[delldude]

Ain't ever expanding taxation and ever decreasing dollar value a biitch?

 

[delldude]

 

 

[delldude]

a $15 minimum wage won’t spell the end of the brand. However it will mean wiping out thousands of entry-level opportunities for people without many other options.
 
 
 
The $15 minimum wage demand, which translates to $30,000 a year for a full-time employee, is built upon a fundamental misunderstanding of a restaurant business such as McDonald’s”
In truth, nearly 90% of McDonald’s locations are independently-owned by franchisees who aren’t making “millions” in profit. Rather, they keep roughly six cents of each sales dollar after paying for food, staff costs, rent and other expenses.
 
“A typical franchisee sells about $2.6 million worth of burgers, fries, shakes and Happy Meals each year, leaving them with $156,000 in profit. If that franchisee has 15 part-time employees on staff earning minimum wage, a $15 hourly pay requirement eats up three-quarters of their profitability. (In reality, the costs will be much higher, as the company will have to fund raises further up the pay scale.) For some locations, a $15 minimum wage wipes out their entire profit.”
 
http://www.ijreview.com/2016/04/592194-former-mcdonalds-ceo-drops-hard-truths-on-what-15-minimum-wage-does-to-people-who-need-work/?utm_source=facebook&utm_medium=owned&utm_campaign=ods&utm_term=ijreview&utm_content=economy

 

[700UW]

http://www.salon.com/2016/04/26/one_of_the_most_popular_arguments_against_raising_the_minimum_wage_is_getting_demolished/
 

One of the most popular arguments against raising the minimum wage is getting demolished

Critics of a $15 min. wage say that it will increase prices & put companies out of business. Only one problem...

 

[delldude]

Notice he doesn't mention the other side of the coin. You can raise prices to offset increased operating costs or you can eliminate workers salaries to accomplish the same result, and that's what is happening. Eliminating workers affects profits and customer satisfaction which leads to less sales and a slow death spiral.
 
And it is happening in Seattle.
 
Labor phasing itself out. welcome to the new progressive era. 
 
No mention at all, truth skimmers at work...lol
 
Why do you lobby to eliminate jobs?

 

[townpete]

Notice he doesn't mention the other side of the coin. You can raise prices to offset increased operating costs or you can eliminate workers salaries to accomplish the same result, and that's what is happening. Eliminating workers affects profits and customer satisfaction which leads to less sales and a slow death spiral.
 
And it is happening in Seattle.
 
Labor phasing itself out. welcome to the new progressive era. 
 
No mention at all, truth skimmers at work...lol
 
Why do you lobby to eliminate jobs?

 
From same article: It could certainly be the case that the initial raise to $11 didn’t require price increases, and future steps up will. 
 
The full $15 an hour wont be implemented for years to come, so the presumption that the increase hasn't made an affect an is false.