{{
`${userDetail.user.displayName}${userDetail.user.cachedBungieGlobalDisplayNameCode ? `#${standardizeBungieGlobalCode(userDetail.user.cachedBungieGlobalDisplayNameCode)}` : ""}`}}
{{getUserClans()}}
7/6/2017 3:23:19 PM
30
Minimum wage set to drop in Missouri
[quote]ST. LOUIS -- Cities all over the United States have been boosting their minimum wage. It's up to $15 an hour in Seattle, but it's going in the opposite direction in St. Louis, Missouri.
Amer Hawatmeh's family-owned restaurant in downtown St. Louis is struggling.
Along with rising sales taxes, and meat prices, a minimum wage hike to $10 an hour two months ago made it expensive to stay open. So he's cut back from five to two days a week for lunch. His hamburgers are smaller, his entrees pricier and his customers scarcer.
Hawatmeh believes it's not the government, but a combination of worker determination and customer demand that should set the correct wage.
"That's how I built myself," he said. "That's how I'm teaching my children to build themselves. Don't ask what do I get, ask what can I do."
And Missouri Gov. Eric Greitens agrees. Next month, the minimum wage will return to $7.70 an hour -- ten bucks an hour was a mistake, he says.
"Despite what you hear from liberals, it will take money out of people's pockets," Greitens said.
Cities all over the country have been boosting their minimum wage. It's up to $15 an hour in Seattle, but it's going in the opposite direction in St. Louis.
But after nationwide protests, the minimum wage went up on July 1, or will go up soon -- from Chicago to Flagstaff, Arizona, and Los Angeles to Washington, D.C.
Wanda Roberts, a minimum wage worker in St. Louis, said the new $10 wage brought in an extra $400 a month and helped the local economy.
"If we're making $10 an hour, we're going to go right back out and spend that money," Roberts said.
And now that it's being reversed, she says she would "go back to struggling."
"Trying to worry about how I'm going to pay my rent, how I'm going to pay my bills and how I'm going to have money left over to buy household supplies and food," she added. In St. Louis, the minimum wage was going to increase to $11 an hour in January. Now, that won't happen. And by one estimate, 38,000 workers could miss out on a raise. [/quote]
In Capitalist America, the business is more important than the worker.
-
Yay poverty!
-
9 Antworten[quote]In Capitalist America, the business is more important than the worker.[/quote] Well, with the cost of production going up, this would put a strain mostly on small businesses, businesses that aren't McDonald's. If you don't know this, [url=http://sbecouncil.org/about-us/facts-and-data/]America heavily relies on small business.[/url] If small businesses are forced by the government to pay their employees $10, but the demand doesn't change, then they will have to make cuts/changes in some places since [url=http://www.businessknowhow.com/money/earn.htm]most small businesses don't make much[/url] (also with the tax system we currently have, it really doesn't help small business owners). Those places could include employment, hours, raw materials, and/or price hikes. If a small business doesn't make some of those changes, they'll be forced to go out of business, which means all those employees who "deserve" that "livable wage" are now out of a job and not making money. But "Nay," you say, "Look at Seattle!" Oh alright then. Wait, what? [url=https://www.google.com/amp/amp.usatoday.com/story/431424001/]The $15 minimum wage change is hurting the workers it was suppose to help and business?[/url] Who would have thought? Tl;dr: Champagne socialists make for terrible economists.
-
1 AntwortenI was wondering if you were going to post about this... As a born Missourian it's good to know the state has some economic sense
-
Bearbeitet von Liam_the_Censor: 7/8/2017 5:19:22 PMYeah, no dip Sherlock. Those people have jobs which they complain about BECAUSE OF THOSE BUSINESSES!!! This is so simple. For people to have jobs, they need businesses. If a business can't afford it then they cut employees or they go out of business trying to go along with it. Better to have a little than nothing at all.
-
15 AntwortenEmployment rate set to rise as a result.
-
Well if the business can't afford to keep afloat then it's quite obvious that workers are gonna need to take a cut. If they don't like it then they need to go out and find another job or work another job.
-
8 Antworten[quote]In Capitalist America, the business is more important than the worker.[/quote] What good is a worker without a business. The continued minimum wage increases is a death sentence for small businesses.
-
-
7 AntwortenIn Max's fantasy America, workers can exist with businesses.
-
7 Antworten[quote]In Capitalist America, the business is more important than the worker.[/quote] Today I learned that entrepreneurs don't work.
-
2 Antworten[quote]"If we're making $10 an hour, we're going to go right back out and spend that money," Roberts said.[/quote] I [i]love[/i] the economic illiteracy. "We're better off if people possess more currency because surely there will be an immediate increase in consumption combined with higher time-preference! Never mind the fact that prosperity is marked not by immediate consumption but by deferred consumption, and that this deference generally means that time-preference decreases!" These are usually the same numbskulls who suggest that a nation can pay off its debt by printing more money - they clearly don't understand that currency (like literally everything else in the world) has value relative to every other good or service on the market.
-
26 Antworten[quote]In Capitalist America, the business is more important than the worker.[/quote] I don't think I've ever been more infuriated by one of your posts. If the business doesn't make enough to barely keep the lights on how do you expect the worker to make more? [b]Without the business there is no worker[/b]. These -blam!-ing taxes you guys love actually does hurt the American people. Then again you like Finland's idea of the government having complete control of ones salary.
-
5 AntwortenBearbeitet von Cobravert: 7/6/2017 3:34:31 PMYou don't have workers without the business.... Drive more businesses out and wonder where the jobs went.
-
Good. On a side note, this wouldn't have any effect on the currently employed, only those who become employed after it's passed. And yes, I'd say the business is more important than the worker. Without the business there is no worker.
-
2 AntwortenI'm glad it's dropping
-
I bet this will settle all the economy and make everyone rich. [spoiler]/s[/spoiler]
-
-
1 AntwortenInteresting the article used Seattle as an example of increasing their minimum wage considering it isn't working there.
-
Bearbeitet von HarlesinCharge0: 7/7/2017 8:21:10 PMPeople can't justify paying over $10 for hamburgers at restaurants when you can get buns and ground beef for the same amount. "But they make it and serve you!" Holy shit! No way! And that's worth 7-8 dollars to you per food item on average? (Not including the price of the food itself) That's insanity. There's a reason you tip the servers because restaurants can't afford to pay on their own. Food doesn't yield as much profit as you think. Food for the most part is relatively cheap for a reason. Because we all need it to survive. Also quality of the food is important too. McDonald's is crap for the most part therefore it's cheaper than say going to The Cheesecake Factory. For that reason McDonald's can't pay its workers more because the value of their food doesn't allow them to. Otherwise they'd be out of business. Now you can argue that if businesses can't afford to pay their workers a living wage they shouldn't be in business but I don't see an abundance of awesome businesses that can afford to pay its workers decent wages everywhere so that's unrealistic for you to have that expectation.
-
1 AntwortenThis is good
-
42 AntwortenSo what you just say screw the business owner who literally had to make his own way? He is now being punished for being an entrepreneur.
-
Bearbeitet von Vicex: 7/7/2017 4:30:55 AMWages aren't what kills a state- it's pensions. Prime example: Illinois. People just don't die as fast as they used to.
-
Yes power to the working class!! The workers and farmers will unite as one to improve our liv..........wait a minute. [spoiler]I just painted a Target on my back for Liberty Prime didn't I?[/spoiler]
-
So two months ago it was $10 per hour but they dropped it to $7.70 because it was hurting small businesses?
-
Remember kids, it's more important that a guy can live comfortably off flipping burgers than it is that a man can keep his small business that's he's poured his blood, sweat, and tears into open.
-
C N N lmao
