Skip to comments.How to Destroy Two Million Jobs
Posted on 11/23/2019 5:47:06 AM PST by Kaslin
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But leftards don't care. Passing minimum wage laws makes them feel so good inside. Plus more unemployed causes more parasites dependent on the giverment, who will vote for dums.
However that pretty well summarizes leftist economic policy. They seem to favor policies that have 3 characteristics: centralized control/regulation; they sound good or look good on paper; and they make the leftist sheeple feel good, like they're doing something good. Problem is, they fail just about 100% of the time due to unintended or ignored obvious consequences of these policies. Leftist should never be allowed to influence policy.
The sickest thing is listening to Leftist politicians blather about helping small business when it is obvious looking at their legislative proposals that they would like nothing better than to give those kulaks a bullet to the back of the head and seize whatever loot is left.
Are you voting for Sanders or Warren?
Is thinking like this why VA has trended the way it has?
Cave to idiocy to get idiocy off the table?
When has that ever worked?
If the Left were truly concerned, or the Republicans truly wanted to address the issue, Propose and implement the folowing.
The working poor pay no taxes, Both the employer and employee share go to the employee, not the government. The same with unemployment taxes. Pay the working poor the full FRUITS OF THEIR LABOR.
his has a positive impact on the working poor, on their employers, on the customers, on the economy.
It has a positive political impact on whoever pushes it.
It has a negative impact on one stakeholder, the gummint.
So the question comes down to should the voters and their representatives do what is best for the people? Or best for the gummint?
I took all the overtime I could get. It would be interesting to graph a third line showing labor force availability.
I’m in Texas, where we still have the federal minimum wage, so I tip pretty generously for good service.
But when I do visit the Northeast and California, I play by a whole different set of rules. I figure that the tips are already built into the pricing, so nothing more. I see it as a way to preserve their jobs, since it’s less likely I’ll eat out if I have to tip on top of the $15 minimum wage.
The McDonald’s team in the store a couple of miles from my house prove your point. They get my order wrong one out of five times (twice in one memorable trip).
Um, no it doesn't. The graph uses a ratio, not real youth unemployment. All this shows, is that the increase in the minimum wage affected the employment landscape somewhat equally. That doesn't meant it didn't have a negative impact.
The problem I have with the $15.00 jobs is they were designed for entry level experience into the job market. Young applicants with no job experience at all. They were not designed to feed a family. IMO
How's that checkout line in your local supermarket,Home Depot,Walmart, looking these days? More auto checkouts? Fewer people operating the cash registers? Baggers? Hmmmm? Minimum wage at those spots is ZERO!!!No Vay Kay. No sick leave no coffee breaks...just work. Duh!
“How’s that checkout line in your local supermarket..”
Same here. Home Depot, Walmart, Harris Teeter etc. With the exception of Home Depot having two, Walmart, and Harris Teeter have ten and expanding. Only one employee in each to supervise the robots. Even those employees are ‘seasoned’, there before robotics installed and rotated to other parts of the store to avoid boredom.
In some circumstances, nothing is wrong with it. But as a mid-level government employee getting $150,000 a year and a pension equal to that amount per year or more, it is not sustainable. And in the case where the managers failed a company miserably but still continue to get paid very high salaries, that is a problem also. Or at least I think so.
If you are an entrepreneur or in some very specialized field, it is wonderful the rewards are there.
If you are Hunter Biden sucking tens of thousands of dollars a month from the U.S. foreign aid trough, it should be jail time.
Oh ya, you’re right on target there. Up here in northern Alberta, all the government people want to make what the private sector oil and gas guys do. As you said, it’s not sustainable, all it does it drive up taxes and costs of living and hurts everyone at that point.
If (when!) the minimum goes up; all other prices will adjust to match; as they always have.
What WILL gouge you is the fact that tax recipts will go UP over all, since the higher wages will be taxed at a higher rate than now.
When you buy a $12 steak now, and you make $20 bucks and hour; the $24 steak when you make $40 bucks an hour is the same percentage.
Your $40K a year is going to be taxed at a lower percentage than your $80K will be!
Yep, dirty little secret, taxes!
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