Company Raises It's Minimum Wage to $70,000 and All Hell Breaks Loose

It's phased in so it's not an immediate bump. Still, it's overkill for most of the state and it'll kill more than a few small businesses living at or near their margins.

I'm also going to repeat that it's all well and good to pay someone $15/hr but they still have to do the job. These jobs aren't difficult but you'd be amazed at how average people manage to fuck it up.

Holy shit. I mean NYC whatever but JFC why would you get a job not flipping burgers in Albany or Troy LoL.

moontayle_sl said:

It's phased in so it's not an immediate bump. Still, it's overkill for most of the state and it'll kill more than a few small businesses living at or near their margins.

I'm also going to repeat that it's all well and good to pay someone $15/hr but they still have to do the job. These jobs aren't difficult but you'd be amazed at how average people manage to fuck it up.

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I agree $15 may be a little high, but $15/hr is still only $30k a year so let's not pretend it's an amazing living. If a company can't afford to pay its workers a wage that they can actually live on then that company has no right being in business in the first place. I'll lose no tears or sleep for "the little guy" that has to close up shop because he can't afford to pay his workers more than he'd pay an indentured servant.

Why do you want high schoolers, college kids and disabled people with learning disabilities to be unemployed though?

Palum_sl said:

Why do you want high schoolers, college kids and disabled people with learning disabilities to be unemployed though?

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I think this is vastly overblown. I don't think it's nearly as dramatic as suddenly hundreds of thousands of people being completely out of jobs because nobody can afford to pay their workers that much or people suddenly deciding to give up their current jobs at $15/hr to go work at a fast food place. The job still sucks.

Employers have not been pulling their weight in our economy for entirely too long and we have been bearing that burden through subsidization of said workers because they can't afford healthcare, rent or food at the current minimum wage.

Khane_sl said:

I agree $15 may be a little high, but $15/hr is still only $30k a year so let's not pretend it's an amazing living. If a company can't afford to pay its workers a wage that they can actually live on then that company has no right being in business in the first place. I'll lose no tears or sleep for "the little guy" that has to close up shop because he can't afford to pay his workers more than he'd pay an indentured servant.

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I was explaining this to my new hire this week. I start people at $13 an hour. And my other employee is at $15 an hour. This is not required yet for me, but will be in the future. The problem is not whether I can afford to pay my employees $15 an hour or not. The problem is that my competition doesn't. A warehouse in Idaho, can employ workers to ship any product I sell cheaper than I can. Instead of outsourcing out of the country, consumers will just outsource out of the expensive area.

So while some industries will be fine, like grocery stores. Where you'll just pay $1 more for milk because it's convenient. Your new tv purchase might now go to Amazon because it'll be more expensive at the best buy down the road because the pimple faced mouth breather costs more to employ.

Everyone says, it'll be no problem. People in your city will be earning $15 an hour, and will have more money to spend! That is true, however a lot of it won't be spent in the same place it was earned. Lots of people drive to a state with no sales tax to buy a car, tv, computer etc. They all drive to reservations to avoid taxes on cigarettes and alcohol. And we all love to purchase online to avoid taxes. All it will do is widen the gap between the online price of an item and the in store price of an item.

I'm not claiming that there won't be any money spent locally even on more expensive items than the internet. But it will evolve the local economy over time for them to buy online instead of in person due to the savings.

I used to live in Delaware, from what the local politicians always said of zero sales tax, it really didn't drive that much business. They in fact would point out that DE gave more business to the Aberdeen areas in MD and Philly/King of Prussia areas of PA than we got from them.

And honestly, while yes in a vacuum it's not going to be good for local business, I don't believe there's anything that makes "interstate taxes" illegal for "out of state imports" if a state wanted to add interstate tarriffs to try to keep local stuff preferable.

(And hasn't "online buying" become taxed in basically every state now? I know MD switched before I left the state, and FL already does for Amazon and Best Buy I know for sure from recent orders...]

The whole buying online thing already happens and has been happening for a very long time. I agree it's problematic but raising the minimum wage is necessary. We've been protecting corporations for far too long at the expense of individual citizens and we need legislators who won't allow that to continue.

Khane_sl said:

problematic

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Khane_sl said:

problematic

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Khane_sl said:

problematic

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You've changed man.

Big Phoenix_sl said:

Feels data.

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Please outline the "feels data"

Celestein_sl said:

Because every time we've raised the minimum wage our economy has collapsed, and countries who focus on livable wages turned into despotic shit-holes, the data that people in favor are clearly ignoring for their feels.

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I can't tell if you're being sarcastic

Khane_sl said:

I can't tell if you're being sarcastic

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Vaclav_sl said:

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He edited after I posted that. The line I quoted was his entire original post. I got got!

There really has only been one other time in the history of minimum wage where it was raised close to 100%. 1950. And like he pointed out there was only a small short-term correction.



Link to the history of minimum wage in US:

Minimum Wage - Wage and Hour Division (WHD) - U.S. Department of Labor

Correct - and even locally for non-Federal it's really seemed to be a pretty insignificant blip.

I'm sure a few ill prepared businesses get hurt by it - but if there really is appropriate demand for something it'll just get replaced by another provider that prepares better.

Big Phoenix_sl said:

1

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That literally is the purpose of business from the standpoint of government and public good.

Big Phoenix_sl said:

Theres a myriad of bullshit out there that function in reality as nothing more than barriers to entry to protect the already big players in the economic world.

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So... we agree? You're kind of a dimwit aren't you?