Biden signs EO to raise minimum wage to $15

Because it didn't happen

https://www.google.com/amp/s/m.jpost.com/international/false-claims-in-syria-biden-will-start-war-as-us-presence-there-rejected-656440/amp

But you are right we need to be far less warmongering. For all presidents.

Trump was pretty good in that regard

Whatever happened to the $2,000, reduced to $1,400, check?

Seems to have disappeared from the conversation.

[quote]Renewed Marathoner wrote:

Because it didn't happen

Video evidence says otherwise.

https://www.youtube.com/watch?v=n1QiulgahxU

As a business you have labor costs which are the same as any other supplier cost. Most businesses rely on other businesses. If one of your suppliers increases the wholesale cost of their product you wouldn't complain would you? That other business has their own bills to pay too and you'd respect it. You either pay it or find alternatives.

Isn't this what's happened here? Workers have decided $15 is the minimum cost for their supply of labor; they've looked at economy and have determined they are underselling their product. If you can't pay your bills get out of the fire and make room for businesses that can. The alternative is to operate with less staff and be more efficient. Isn't this just super-charged market forces and should result in better businesses?

They do have negotiating power, they're just using methods you don't approve of. If they seek a minimum that ALL workers will not negotiate below, they negotiate with the company on more equal terms. It's an agreement not to undercut each other.

Runningart2004 wrote:

If you don't like EO's then petition Congress to get rid of them.

That would be blatantly unconstitutional.

libertarianism=Astrology wrote:

I'm sorry to hear that so many of you are so angered to learn that someone slaving away somewhere for 40 hours a week a is entitled to a "decent" living in the richest country in the history of the world.

If they're entitled to it, it's the state and not the employer who should be providing it.

In the city that I live in Wendy's has signs up advertising $15/hr. Chik-fil-A at $16/hr. They go unfilled because people won't work for that and it won't cover expenses. The Safeway store has had signs up for the last two month at the entrances advertising "now hiring" at $20/hr. Probably not a union job but still, they can't get enough people to work for that rate.

I own a grocery store in a small town and raising my starting wage is the best thing to happen to my business. The labor market is tough and prioritizing attracting and retaining good employees has improved the bottom line of the business. I can't speak for chain stores but for a retail business with 50ish FT employees the benefits outweigh the costs.

I wish it were that simple.

This professor disagrees with you:

In_Ithaca wrote:

I own a grocery store in a small town and raising my starting wage is the best thing to happen to my business. The labor market is tough and prioritizing attracting and retaining good employees has improved the bottom line of the business. I can't speak for chain stores but for a retail business with 50ish FT employees the benefits outweigh the costs.

Good on you.

If paying a FT worker less than $15 an hours will sink your business, then maybe you shouldn’t be in that business.

The Unkle wrote:

[quote]Renewed Marathoner wrote:

Because it didn't happen

Video evidence says otherwise.

https://www.youtube.com/watch?v=n1QiulgahxU

America is back, baby!

I can see the argument you're trying to make but it's not true because workers haven't decided anything, this is the government imposing a minimum wage irrespective of the free market or any mutual agreement between employees and employers. The argument for minimum wages is to make sure employers are paying their employees enough to keep up with inflation, which is all fine and good except some jobs or employees do not produce enough labor equal to the minimum wage, which forces companies to make cuts in order to ensure they don't lose money.

The Unkle wrote:

[quote]Renewed Marathoner wrote:

Because it didn't happen

Video evidence says otherwise.

https://www.youtube.com/watch?v=n1QiulgahxU

The source for an "American invasion" is the Syrian Arab News Agency (SANA), run by the Ministry of Information office of the al-Assad government. You're very clearly being played into being unwitting supporters of his regime by distributing their propaganda for them, in reality they were moving between Iraq and Syria as is usual.

[quote]Renewed Marathoner wrote:

Because it didn't happen

https://www.google.com/amp/s/m.jpost.com/international/false-claims-in-syria-biden-will-start-war-as-us-presence-there-rejected-656440/amp

Video evidence and eye witnesses confirm it did happen.

Whenever the MSM "debunks" something, you can be sure it is true.

Tatar wrote:

The Unkle wrote:

[quote]Renewed Marathoner wrote:

Because it didn't happen

Video evidence says otherwise.

https://www.youtube.com/watch?v=n1QiulgahxU

The source for an "American invasion" is the Syrian Arab News Agency (SANA), run by the Ministry of Information office of the al-Assad government. You're very clearly being played into being unwitting supporters of his regime by distributing their propaganda for them, in reality they were moving between Iraq and Syria as is usual.

It needs to go up. I’m sick of my taxes going to welfare and food stamps to subsidize the staff of all the Walmart’s and Macdonald’s out there. It’s not fair to companies that treat their employees fairly, just makes it a race to the bottom.

The state educated, fed, and protected all of these people. Walmart didn’t cover the cost of public schools, or subsidized meals, or the police/fire/cps. Why should Walmart get another free ride? The USA should demand a minimum wage.

You want M.A.G.A. - but don’t see how your “back then” had a more equal income distribution

No one ever seems to recognize the fact that raising a wage also has the possibility of moving people into a higher tax bracket based off gross earnings at both the federal and state (and maybe local) levels. So if you were making 10$ an hour, after fed/state taxes taken out, maybe you're clearing 8.25$. 40hrs a week at that is what, $330? Go up to 15$ an hour and you think, "Now people can earn a decent living...". Not. Now they may be actually clearing maybe 10.50$ an hour after taxes are taken out, so okay, now they are at $420 a week on those 40hrs. The Democrats and progressives among us just praise the extra 5$ an hour gross amount of the raise and think they've shown compassion and love and help. They probably think that actually amounts to a 50% increase in take home pay. But, nope. Because of the graduated income tax rate and FICA taxes and so on and so forth...the people's net take home pay increased 90$ a week. They will claim it's still a victory! But sadly, no. Prices will have to go up because more money will be created (whether printed or digitally: deflation, the other side of inflation) to cover these compassionate raises, therefore actually weakening even more how much extra pay they take home. May take a few months to few years to show up, but it will.

For all you young cats out there: actually study inflation and what it does; how it is the secret tax robbing people literally day by day, year by year. So the "people" who really get helped by raising minimum wage are those in the government who live off everyone else's wages/taxes. By raising minimum wage they are trying to indirectly create more tax revenue coming into the government. That's what every government program is. Once you realize that, maybe you'll realize this is why socialism only benefits those at the top in power politically, who have control over the economy. The very thing you say capitalists do. Only difference is in capitalism some of those wealthy people actually earned it by hard work: they created a product/service lots of other people wanted. With socialists they just steal the wealth openly (high tax rates in the name of 'collective good') or secretly (like by creating more tax revenue by raising minimum wage or through high inflation). There you have it. Just like Kamala Harris wanting to legalize prostitution...has nothing to do with dignity of women or sex workers or what not. It's so the government can tax you...

The minimum wage was $3.35 under Reagan from 1981 to 1989. That was absurdly low and unconscionable. For the minimum wage today to be $7.25 with prices so much higher depends on Republican intransigence to wage increases. The last raise was 2009. So, Trump wouldn't raise it, Republicans stopped any further wage raises from 2011-2021, and Reagan would raise it once in eight years. It was worth more like $11-12 in the late 1960s. Calculations show that a stepped increase wouldn't cost a significant number of jobs but would raise millions of families out of poverty and bump up wages above the minimum as well. It would also decrease the suicide rate.