Do you think if you ask your boss he will double your wage overnight?
Even when I had a factory union job I never made $15 an hour.
Maybe the problem is in their white guilt some people are just overpaid. Maybe Mcdonalds and whereever should put a tip jar on the counter and if you want you can put some extra money in there and the workers can split it up. Feel free to leave a $20.00 tip.
Does anybody think it is a good thing that black teen unemployment is over 40%? Do you think lowering the minimum wage would allow more of these teenagers to work?
Good point. How many of these people bitching about all the good jobs that went overseas drive an import car, can't remember the last time they saw a Made In America sticker on something they own and never tip people serving them food?
Ah, crisis diverted. You must feel better now that you have found a good way to down play the issue.
Good point. How many of these people bitching about all the good jobs that went overseas drive an import car, can't remember the last time they saw a Made In America sticker on something they own and never tip people serving them food?
I drive a ford and almost always tip *flex* although I hold no allegiance. Those kinds of issues should be handled by careful lawmaking (well thought out tariffs, trade treaties and regulations(instead of the cluster fuck we have locked into place now))
The jobs have to be done. McDs and other fast food chains won't shut down or increase prices if they pay their employees more.
...
The correlation between raising minimum wage and a reduction in employment opportunities does not exist even for that age group.
http://aneconomicsense.com/2013/03/...nimum-wage-on-unemployment-no-evidence-of-it/
Really?
I'm more concerned with the existence of any minimum wage. Increasing 10% isn't going to have a huge effect all by itself.The correlation between raising minimum wage and a reduction in employment opportunities does not exist even for that age group.
http://aneconomicsense.com/2013/03/...nimum-wage-on-unemployment-no-evidence-of-it/
Lol are you seriously using a chart that includes the 2008 recession as proof that minimum wage increases affected unemployment? Not only that but it doesn't even include the general unemployment rate to compare it to. It's a disengenuos chart at best!
Find another chart that at least covers several decades before you start jumping to conclusions.
Propaganda strikes again!
I'm more concerned with the existence of any minimum wage. Increasing 10% isn't going to have a huge effect all by itself.
If employers have the option to hire people at $5 or even lower an hour you'll see more black teens with jobs than if they have to be hired at $7.25
Ok lets say you are a McDonald's manager. First thing you'll find out that you don't get a limit on people you get a limit on labor cost. If you can pay high school students $5 an hour you can hire more of them which will let you run the restaurant more efficiently. Having more employees helps you as a manager cover call offs more efficiently.Say I'm a McDonald's manager. I need 15 employees to cook and man the registers week-to-week. But hey, the minimum wage is low, let's hire 40 people! The rest can stand around doing nothing!
I've run a restaurant and labor cost is tied for first with food cost on expenses that you have to consider. You don't get to say I need x amount of employees no matter how much they cost. That isn't reality that is fantasy.No wait, it's reality. If I need 15 employees, I'll hire 15 employees. If they cost me half as much, great! If they cost me 20% more, that's less profit, but if I didn't need 15 I wouldn't have them in the first place. If they cost me 50000% more, my business model will probably collapse, but literally no one is actually suggesting that.
Fair enough, I overstated my case, but both principles are at operation. Cutting the minimum wage in half won't mean twice as many employees, doubling the minimum wage won't mean half as many employees. There's not a set, exact number of employees you need like I over-simplified to last post, but there are both maxima and minima of reasonable rosters, and raising the minimum wage has complex interactions with the labor market far beyond the simple Econ 101 supply/demand curve.Ok lets say you are a McDonald's manager. First thing you'll find out that you don't get a limit on people you get a limit on labor cost. If you can pay high school students $5 an hour you can hire more of them which will let you run the restaurant more efficiently. Having more employees helps you as a manager cover call offs more efficiently.
I've run a restaurant and labor cost is tied for first with food cost on expenses that you have to consider. You don't get to say I need x amount of employees no matter how much they cost. That isn't reality that is fantasy.
Ok, but what is your point?Fair enough, I overstated my case, but both principles are at operation. Cutting the minimum wage in half won't mean twice as many employees, doubling the minimum wage won't mean half as many employees. There's not a set, exact number of employees you need like I over-simplified to last post, but there are both maxima and minima of reasonable rosters, and raising the minimum wage has complex interactions with the labor market far beyond the simple Econ 101 supply/demand curve.
So I guess data applies if you look at the years and data that you want people to look at, right? If someone has conflicting data, they're an idiot?
I guess all these studies, some well before 2008, are just wrong and stupid too huh? In fact, anything that doesn't match with your view is just stupid, right?
http://www.epionline.org/study/r98/
"Using government data from January 1979 to December 2004, the effect of minimum wage increases on retail and small business employment is estimated. Specifically, a 10 percent increase in the minimum wage is associated with a 0.9 to 1.1 percent decline in retail employment and a 0.8 to 1.2 percent reduction in small business employment."
http://link.springer.com/article/10.1007/s12122-007-9038-6
"The relationship between minimum wage increases and youth employment is investigated using county-level data and spatial econometric techniques. Results that account for spatial correlation indicate that a 10% increase in the effective minimum wage is associated with a 3.2% decrease in youth employment..."
http://www.epionline.org/study/r57/
"Using state-level data spanning 1979-1992, Dr. Neumark is able to estimate the impact of a higher minimum wage — $5.15 an hour, as proposed by the President — on today’s young workers. He finds that the least skilled of these workers would suffer employment losses while the better skilled members of the cohort could enjoy employment gains."
More bullshit. If you are relying on minimum wage for a living then the problem is your choice of work. Learn a trade.
The jobs have to be done. McDs and other fast food chains won't shut down or increase prices if they pay their employees more.
The labor market is shit so they pay as little as they can.
No, raising the min wage wouldn't raise the livable wage, it would simply bring it closer to a livable wage.
This is about income inequality, fixing it doesn't move the inequality to a different set of numbers.
That being said, as always, power is in the consumer. Legislators will never get this or other meaningful issues like education right.