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Florida votes for job-killing $15 minimum wage

KLATTU

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Critics warn the hike will kill jobs. Florida Restaurant and Lodging Association President Carol Dover, who lobbied against the initiative, said it “has a lot of feel-good appeal” but says that “behind all the warm and fuzzies lie a plethora of unintended consequences.”

AS I've brilliantly and famously said many times. Paying people for no work is never a good idea economically
 

Critics warn the hike will kill jobs. Florida Restaurant and Lodging Association President Carol Dover, who lobbied against the initiative, said it “has a lot of feel-good appeal” but says that “behind all the warm and fuzzies lie a plethora of unintended consequences.”

AS I've brilliantly and famously said many times. Paying people for no work is never a good idea economically
The minimum wage is supposed to rise with inflation. That hasn't happened in years. The $15 raise is long overdue.
 

Critics warn the hike will kill jobs. Florida Restaurant and Lodging Association President Carol Dover, who lobbied against the initiative, said it “has a lot of feel-good appeal” but says that “behind all the warm and fuzzies lie a plethora of unintended consequences.”

AS I've brilliantly and famously said many times. Paying people for no work is never a good idea economically

Keep advocating for slave wages. Makes you look super cool.
 

Critics warn the hike will kill jobs. Florida Restaurant and Lodging Association President Carol Dover, who lobbied against the initiative, said it “has a lot of feel-good appeal” but says that “behind all the warm and fuzzies lie a plethora of unintended consequences.”

AS I've brilliantly and famously said many times. Paying people for no work is never a good idea economically
Warm and fuzzies? Maybe we’re just tired of subsidizing low wages with programs like food stamps. Why should tax payers foot the bill to ensure that their workers have enough programs to keep them out of poverty?
 

Critics warn the hike will kill jobs. Florida Restaurant and Lodging Association President Carol Dover, who lobbied against the initiative, said it “has a lot of feel-good appeal” but says that “behind all the warm and fuzzies lie a plethora of unintended consequences.”

AS I've brilliantly and famously said many times. Paying people for no work is never a good idea economically


It didn't kill jobs in Seattle, so I don't know what all the fuss is.
 
In most cases, $15 isn't enough for a living wage.

The question isn't that $15.00 or even the current (much less prior) minimum wage isn't enough; the REAL question is why our money is worth less and less while prices rise more and more?

Inflation, which usually occurs when there it a glut of ready cash with nothing but "faith" to back it up.

One need only recall the effects of runaway inflation on Germany after WWI or as seen currently in Venezuela.

We are a debt-ridden society, TRILLIONS in debt at the Federal level now, and we just keep printing money. Some day, perhaps in the very near future, international markets will lose faith in it's value....and then?

MEANWHILE, all that will happen when you raise the minimum wage is that employers will hire fewer employees and demand more from their labor efforts.
 
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That's why it's called THE MINIMUM WAGE not the LIVING WAGE.

If a minimum wage is not a living wage then those who can't afford to live will apply for government assistance.

That government assistance should have been paid directly to the employee by the corporation. Since it's being paid for the corporation by the taxpayer so that the invidual can live, it is, in essence, welfare for the corporation, not to mention we have to pay for the administration of the program.

In short, it's less expensive to society, as a whole, to pay a livable wage in the first place.
 
That's why it's called THE MINIMUM WAGE not the LIVING WAGE.
The minimum wage is to be a living wage, as it was created by FDR.
In a recent letter to the editor, a person asked, “Whoever said the minimum wage should be a living wage?”


The answer is Franklin Delano Roosevelt, when the original minimum-wage law was passed in 1933.


Roosevelt said, “In my Inaugural I laid down the simple proposition that nobody is going to starve in this country. It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country.


“By business I mean the whole of commerce as well as the whole of industry; by workers I mean all workers, the white collar class as well as the men in overalls; and by living wages I mean more than a bare subsistence level-I mean the wages of decent living.”
Do you want to subside business that don't pay a living wage to their employees with your tax dollars in the form of the social safety net? Stop allowing corporations to be welfare cheats and make them pay a living wage.
 
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Get real $15 per hour is less than $33,000 a year @ 40 hours per week. $64,500 per year is about $35.00 an hour barely enough to get by in the USA.

The more middle class workers make the more they will spend which is a boom to the nations economy. However these people will not be moving to Aspen, Colorado anytime soon.
 
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The minimum wage is to be a living wage, as it was created by FDR.
Do you want to subside business that don't pay a living wage to their employees with your tax dollars in the form of the social safety net? Stop allowing corporations to be welfare cheats and make them pay a living wage.

applause applause
 
It worked in Seattle. It'll work in Florida.

Soon it will be the norm across the nation, except for hillbillies willing to twirl signs on Alabama street corners for $7.25 an hour.

It should be higher.
 
Why do these ****ing poor people want money?
 

Critics warn the hike will kill jobs. Florida Restaurant and Lodging Association President Carol Dover, who lobbied against the initiative, said it “has a lot of feel-good appeal” but says that “behind all the warm and fuzzies lie a plethora of unintended consequences.”

AS I've brilliantly and famously said many times. Paying people for no work is never a good idea economically

Not to burst your ego balloon, but I think everyone knows that. That's why it doesn't normally happen. Please tell what employer is paying people for no work?
 
The Effects of a $15 Minimum Wage in New York State
irle.berkeley.edu › files › The-Effects-of-a-15-Minimu...


Apr 1, 2016 — Michael Reich is a Professor at UC Berkeley and Chair of the Center on Wage and ... 2021. July 1. 15.00. 3.4. 12.91. 0.8. Source: Order of New York Labor ... enacted gradual increases of their minimum wage to $15 an hour.
by M Reich · ‎2016 · ‎Related articles

Robert Reich - The 2015 bonus pool for Wall Street, just ...
www.facebook.com › photos › a.404595876219681


Oct 27, 2020 — ... of America's 2.6 million fast-food workers to $15.00 an hour – had they been spread over all fast-food workers rather than the denizens of the ...
Raise the minimum wage to $15.00/hour! | MoveOn
sign.moveon.org › petitions › raise-the-minimum-wage...


Robert Reich. We the undersigned believe that the federal minimum wage, now at $7.25 an hour, should be raised to $15.00 an hour. Had the minimum wage of ...

8.50 an Hour? Peanuts! Reich Says Workers ... - Madville Times
madvilletimes.com › 2014/04 › 8-50-an-hour-peanuts-r...


Reich says that at $8.50 or $10.10 an hour, we are still subsidizing ... $15.00 should be the target as a fair living wage to bring people out of the poverty they ...
Estimated Impact of a Proposed Minimum Wage Law for the ...
srcity.org › Mininum-Wage_UCB-Est-Impact-Report-1


PDF
community organizations will propose a $15-an-hour citywide minimum wage by ... the minimum wage would be raised to $12.75 on July 1, 2019, and to $15.00 ... Dube, Naidu and Reich(2007) assessed San Francisco's minimum wage law ...
Robert Reich: A $15 minimum wage is the only moral choice ...
www.salon.com › 2015/10/20 › robert_reich_a_15_mi...


Oct 20, 2015 — They claim it will force employers to lay off workers worth hiring at the current federal minimum of $7.25 an hour but not at a higher minimum.
Missing: $15.00 ‎| Must include: $15.00
 
Business: " Ok great. You want pat yourself on the back and virtue signal, go ahead. I'm outta here. You pay them"
 

Critics warn the hike will kill jobs. Florida Restaurant and Lodging Association President Carol Dover, who lobbied against the initiative, said it “has a lot of feel-good appeal” but says that “behind all the warm and fuzzies lie a plethora of unintended consequences.”

AS I've brilliantly and famously said many times. Paying people for no work is never a good idea economically
God forbid you should, in the richest nation on earth, pay people a living wage.
 
I love these anachronistic economic arguments, when real-life examples have already proved them wrong.

Bu-bu-but everybody will be fired!

. . . Nobody was fired?

. . . Bu-bu-but everybody should have been fired!!
 
I love these anachronistic economic arguments, when real-life examples have already proved them wrong.

Bu-bu-but everybody will be fired!

. . . Nobody was fired?

. . . Bu-bu-but everybody should have been fired!!
They tend to not understand anything beyond supply and demand, which is like the first week of economics 101.

One day they will discover the concepts of stickiness, velocity, and opportunity cost, which is where this wage begins to work.
 
They tend to not understand anything beyond supply and demand, which is like the first week of economics 101.

One day they will discover the concepts of stickiness, velocity, and opportunity cost, which is where this wage begins to work.

It is so rare these days to come across a Fox News Republican who has the foggiest clue about economics.

Their thoughts and opinions about anything requiring formal education are pure garbage.

Conservatives and economics are oil and water.
 
It is so rare these days to come across a Fox News Republican who has the foggiest clue about economics.

Their thoughts and opinions about anything requiring formal education are pure garbage.

Conservatives and economics are oil and water.
Conservatives tend to be biased towards concrete and immediate (in terms of to their personal lives) concepts and tend to be a bit less good at abstract thought.

You can easily see supply and demand at the local flea market, car dealership, house hunting, etc.

However, the other concepts require an understanding of models and datasets, also some basic math and boolean type logic, which requires a tiny bit of specialization and mid range math skills.
 
The question isn't that $15.00 or even the current (much less prior) minimum wage isn't enough; the REAL question is why our money is worth less and less while prices rise more and more?

Inflation, which usually occurs when there it a glut of ready cash with nothing but "faith" to back it up.

One need only recall the effects of runaway inflation on Germany after WWI or as seen currently in Venezuela.

We are a debt-ridden society, TRILLIONS in debt at the Federal level now, and we just keep printing money. Some day, perhaps in the very near future, international markets will lose faith in it's value....and then?

MEANWHILE, all that will happen when you raise the minimum wage is that employers will hire fewer employees and demand more from their labor efforts.
More than that will happen.
1. It drives up everyones salary because the guy doing more before for $10 pr hr is gonna either get a raise or find an easier job for the same money. It forces employers to give everyone a raise over time.
2. Employers in turn cut back benefits and raise prices, which speaks to the inflation you brush upon.
3. Once costs go up now that $10 pr hr guy is back in the same boat as he was when he was earning $8 pr hr. It becomes a latteral move
4. The people who get hurt the most are retirees. They're savings lose buying power. Your savings are being devalued. I guess the rich get hurt in that sense too so progressives can take solace in sticking to the rich a little.
 
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