He lost me when he said that the $15 min wage in Seattle hasn't hurt workers.
It has
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Have you actually not seen all the automation the industry is moving towards?
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Thats coming regardless of wage increases.
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Sure have, that is also why it is sooo important for people to get higher educations so that when we use automation for all of our productions we'll need engineers, physicists, pilots, and even entertainers to get us to the future.
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Editado por Partisan: 11/25/2019 3:27:46 PMHere are a few articles: [url=https://slate.com/business/2019/02/new-research-15-dollar-minimum-wage-good-for-workers.html]On Seattle's MW:[/url] [quote]the University of Washington economists arrive at the following conclusion: “Seattle’s minimum wage ordinance appears to have delivered higher pay to experienced workers at the cost of reduced opportunity for the inexperienced.”[/quote] [url=https://www.vox.com/platform/amp/future-perfect/2019/11/20/20952151/should-minimum-wage-be-raised]And the state of MW research in general:[/url] [quote]That’s a wonky way of saying that even if employment falls, it falls by less than wages rise by, and as such the benefits for low-wage workers seem to swamp any employment effects.[/quote] Conservatives have suggested [url=https://www.taxpolicycenter.org/briefing-book/what-earned-income-tax-credit]expanding the EITC[/url] as an alternate to the MW, but they didn't do it when they had their chance in the tax cut bill, and the [url=https://itep.org/taxcreditproposals/]biggest proposals[/url] today all come from Democrats. A more radical alternative is a [url=https://www.nationalreview.com/2018/11/case-for-wage-subsidy-government-spending-book-excerpt/]wage subsidy[/url].
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Less hours and rising costs
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We got that here where the mw is only $8. Me thinks employers are just greedy -blam!-s.
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They are. Too many think that their employees have no loyalty & are replaceable, they do not understand how to fire bad workers & not to hire their family and/or friends, because those are usually some of the worst workers I have ever seen, in my experience, which is not to say that is everyone's experience, just mine. When I started working, they used to promise the sky was the limit for your wages. Start off at minimum wage, work hard & get rewarded with good raises. Only company that has done that for me was my current company & it is Union mandated.
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We lost two of our clients this year. One because the factory shut down after someone died because the rich prick up top didn't want to spend extra money on safety stuff and the other because the rich witch that ran the vet wanted to hire her druggy nephew that just got out of prison. It's been a pretty awful year.
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I hate stupid people. That dude is making so much money with his business closed down & while I applaud the lady giving her nephew a chance like that, too often they get burned by it. Keep family out of a business, period.
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Nah, screw her. She didn't let us go with a few weeks warning, she started complaining about every little thing out of the blue to get out of the contract. Just one bad day and the next we got a call from our boss saying they dropped us.
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Ok, then yeah, she can go to Le Telepathe & eat a huge plates of........
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[quote]Less hours and rising costs[/quote] Interesting method to sound liked their getting more money but not
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And people also don't realize the ripple effect it has. Laborers on construction would normally get $14-15 an hour which, when minimum wage was lower, would entice people to work a more strenuous job. Now they have to raise the rate the laborers get. Which is going to make everyone else complain wanting a raise which leads to construction costs going up.
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People don't understand that. When minimum wage goes up, it lowers what higher paid/skilled people are making. Why bust your ass for $20/hr, when you can work in an air conditioned building making nearly the same & having a job you damn near can't get fired from. So, to keep them, employers need to pay more, which means they charge more, which then means you are making what you were before when you made minimum wage, but the skilled workers, they did not get double the pay, so now they are making even less & have zero reason to stay in that field. Employers should be trying to give their employees real raises to entice them to stay, work hard & be the best employee they can be. Oh well, not like it is going to get changed or fixed.
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Not true, when the people make more, they spend more. They go out and buy cars, TVs, eat out, electronics, whatever floats their boat. Companies and every other business will see a big influx of revenue because of it. Any business that raises their prices and/or cuts hours/positions shows just how greedy the owner/s really are and their businesses deserve to go down.
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A company might, but it is not the company in control, it is the shareholders & all they see are percentage. They don't see that a radiator makes $50 profit, they see it makes 25% profit & the key chain in the impulse section that sells for $5 has a 400% profit. As for truth, it is pure truth. I am in a skilled position. My company raised their minimum wage up to almost double the previous. Those of us in the skilled area did not get an $7/ hour raise, we barely got $4/hour raise over 4 years. In that same time, those people will make a $3/hr raise over the same 4 years & be making half of what us skilled workers make, instead of the third they used to be. To compensate for that extra pay, the company has also put pressure on management to push the workers to work harder & to use less people to do more. This has also led to a rise in injuries among the workers, which is why I am injured, because instead of having extra lower paid people to build the sets & cut down on my paid time. In theory, what you are saying is true. The fact is though, once a company is used to making a certain amount of profit, they are not going to take less to pay you more. This is why every time a mandatory minimum wage has happened, we have seen a cost of living increase. Smaller businesses & privately owned businesses, they are more likely to follow your model because they usually do not have bonuses based on saving the company money & if they do have bonuses, it is usually on the revenue individuals bring in, which puts an easily quantifiable numeric value on your work & highlights what they could lose if you leave them to go to someone willing to pay you a bit more.
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I hear ya, hoss. The raises in your work does suck. To me that's a sign of how cheep and how little the higher ups care about you guys. As for the shareholders, I think that's an area where regulations could help curb their influence. A regulation that prohibits shareholders from interfering with employees and sales so that they would benefit. It would force corporate to work out how to generate revenue, expand to areas, new products, new services. You know, anything other than cutting workers hours, jobs, unless there really is no other choice. Which would mean that there would have to be a regulation for businesses to be transparent with their profits/losses with their employees, as a means for checks and balances. The economic system change that I'm envisioning would be more like an overhaul of it. Basically flipping the old model of wealth trickling down to where it's generated and flows up. The workers get their fair share and the profits will go up to the top. In all fairness the toughest job in every business should be whichever job pays the most, the CEO. It's the job with the most responsibility as the whole business rests on that one person. It shouldn't be seen as a cushy job but as a term of service. Right now making CEO is seen as winning the lottery for life and that's because its mostly true. When it should be the other way around, getting a job in a profitable business should be means of celebration.
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Unfortunately, everytime the government gets involved, it rarely ends up good for the little people. The companies need to learn to not bow down to the shareholders. You buy stock in a company because they know what they are doing & they are making smart choices. Then the shareholders start demanding things & that company is busy trying to appease them. No, just tell them you will buy their stocks back & they can -blam!- off. As for CEO's, too many years of golden parachutes & stupidly high pay for little enough work. They could learn a few things from the Japanese. Workers are an asset, not a liability, which is how they are viewed. If you look back at the most prosperous times in our history, we did not have shareholders, people were getting paid well, banks gave out higher interests rates, & their were more businesses being started. These are all good things, but people are being taught that they aren't.
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And the cycle continues
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https://www.forbes.com/sites/sarahchamberlain/2019/08/21/addressing-the-skilled-labor-shortage-in-america/ What they are doing is just going to make this worse.
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But that's employers trying to keep their profits the same by adjusting those things. So that's employers not being fair to their employees, not the increase of their wages.
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Employers need to make a profit or there won't be any place for the workers to work.
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What do you think would happen if the workers got an actual fair wage? Would the economy collapse? Answer is, No. If the working class got higher wages then they would spend more, plain and simple. All of those businesses that you think would suffer from those wage increases would actually benefit because all of those people would now suddenly have the money to spend on their businesses. It's a win win.
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Editado por Liam_the_Censor: 11/25/2019 4:43:00 PM[quote]What do you think would happen if the workers got an actual fair wage? Would the economy collapse?[/quote] A fair wage is whatever someone is willing to work for. A McDonald’s employee is not being forced to work there for $8 an hour, they made a mutual agreement for that. [quote]Answer is, No. If the working class got higher wages then they would spend more, plain and simple. All of those businesses that you think would suffer from those wage increases would actually benefit because all of those people would now suddenly have the money to spend on their businesses. It's a win win.[/quote] Your view assumes there aren’t cheaper alternatives to this, and completely ignores the fact that companies do what is cheapest. Why would I give one of my employees $120 a day for months on end, when I could shelve a few hundred for a machine once? The answer is that I wouldn’t. And neither would any sensible business.