15 bucks an hour = Inflation
$15 per hour for how many hours per week?
Eating out has now gotten outrageously expensive.
Our local Asian restaurant has just raised prices 33% over pre-pandemic levels.
Other types have as well.................
Larger companies are paying $15/hr here in rural MO. Royal Oak charcoal plant for instance. Most everyone else are minimum wage to start which just went to $10.32/hr
Good to know. I will adjust my tipping accordingly.
As the cost of the meal goes up, server tips will go down. Servers get screwed.
And just like when we all go to Lowes or Home Depot, we’ll soon start wondering where all the employees are. I’m all about folks getting paid for their work. Not going to argue that.
But, at the end of the day the shareholders DEMAND their tributes. In order to get them, they cut costs. If labor costs go up, due to increased pay, then they cut labor.
In their world....if we’re going to have to pay Joe a certain amount to work but Joe has to do the work of 3 people, Joe will do that work. If not, Joe will be fired and Jim will do the work. So on and so forth.
Thinking about taking a part time job now. Debating what type of fun part time, I would like to have.
Won’t be long before the radical lefties start demanding $20 per hour.
Another nail — maybe the final nail — in the economy’s coffin.
Good for them, they have to live too.
$15/hr is not much money, some of you should try it if you think it is excessive. You will change your mind in a hurry.
Its better for the market to set wages rather than the government.
Any stats on how many grocery workers there are now?
Automated check-outs and automated warehouses will get ever more popular as wages rise.
I was in Aldi’s yesterday. Didn’t notice much sticker shock, except in the meat dept.
Sirloin steak was $9.99/lb, up from $7.99 two weeks ago, which from up from $6.99 a month or so ago.
So, the whole “prices have been rising without the minimum wage rising” argument just got shot down by their own damn numbers!
Grocery stores and restaurants (where inflation continues with fervor) have already been paying well above minimum wage!! Over $13 BEFORE the plandemic and now over $15 after the plandemic!!! What that means is since these workers, through the years, demanded pay raises their companies complied and then raised the company product prices to pay for those exaggerated salary demands (resulting in inflation, regardless of minimum wage)! Now imagine the amount of inflation if EVERY worker demands minimum wage to be $15, and then experienced workers demand a comparative pay raise!!!
This crap writes itself if you actually pay attention and note the details!
I had my first job as a sack boy at a grocery store in 1963. The job paid 90 cents an hour. Supposedly. The manager clocked us out at 9PM. We worked off the clock for another hour mopping, cleaning, etc.
And I stopped tipping the paid waitresses!
$15/hour = $30,600/year
If you work and earn $35,000, you have exceeded the $18,960 limit by $16,040. You lose $1 for each $2 earned in excess of the limit, so you lose ~$8,000 of your annual benefits. Your annual income from Social Security will be reduced to ~$5,000 because ~$8,000 of your benefits will be withheld.
Ain't that a kick in the pants?!
Too bad inflation outpaced the pay raises. That is sort of how economics works.
I made $5 in 1971.