Surprise! $15 an hour minimum wage backfires

Started by tac, June 03, 2014, 05:26:44 AM

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SVPete

Quote from: tac on June 06, 2014, 04:44:55 AM
Check this parking receipt!




Yeah, well, cities doing this foolishness will soon amend their ordinances to forbid itemizing (or otherwise communicating to customers) price increases due to their government-set minimum wage. Failing to do so in the original ordinance was just an oversight.
SVPete

Envy is Greed's bigger, more evil, twin.

Those who can, do.
Those who know, teach.
Ignorant incapables, regulate.

kit saginaw

Anybody who sympathizes with these employees can click GoFundLibs.comic

http://iotwreport.com/?p=284245

– I'm hearing from a lot of customers, 'I voted for that, and I didn't realize it would affect you.'"

– Hibbs says that the $15-an-hour minimum wage will require a staggering $80,000 in extra revenue annually. "I was appalled!" he says. "My jaw dropped. Eighty-thousand a year! I didn't know that. I thought we were talking a small amount of money, something I could absorb."
– "We're for a living wage, for a minimum wage, in principle. . . . But I think any law that doesn't look at whether people can pay may not be the best way to go."

Solar

Quote from: kit saginaw on May 02, 2015, 07:56:02 PM
Anybody who sympathizes with these employees can click GoFundLibs.comic

http://iotwreport.com/?p=284245

– I'm hearing from a lot of customers, 'I voted for that, and I didn't realize it would affect you.'"

– Hibbs says that the $15-an-hour minimum wage will require a staggering $80,000 in extra revenue annually. "I was appalled!" he says. "My jaw dropped. Eighty-thousand a year! I didn't know that. I thought we were talking a small amount of money, something I could absorb."
– "We're for a living wage, for a minimum wage, in principle. . . . But I think any law that doesn't look at whether people can pay may not be the best way to go."

:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:

So, what can we glean from this?

A- Leftists suck at economics.

B- Leftists are all for causing pain in the name of "progress" as long as they aren't feeling it.

C- The prog looks to solve the problem they created by turning to free market solutions – "Why can't two consenting adults make arrangements for less than x dollars an hour?"

You just voted that system OUT, you ignoramus!

D- Progs are filthy and dumb.
Official Trump Cult Member

#WWG1WGA

Q PATRIOT!!!

redbeard

Quote from: Solar on June 03, 2014, 08:46:17 AM
So lets see, someone moves to Seatac believing they will make more money in an entry level position.
But reality strikes when they realize business raised the cost of everything, from rent to food to offset the increase in labor costs.
Yeah, that worked out great, now everyone leaves town to do their shopping, leaving business to either layoff employees, or simply close their doors.

Aww yes, the consequences of liberalism.... :lol:
Well now will come rent controls and price freezes!

walkstall

Quote from: Solar on May 02, 2015, 08:12:45 PM
:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:

So, what can we glean from this?

A- Leftists suck at economics.

B- Leftists are all for causing pain in the name of "progress" as long as they aren't feeling it.

C- The prog looks to solve the problem they created by turning to free market solutions – "Why can't two consenting adults make arrangements for less than x dollars an hour?"

You just voted that system OUT, you ignoramus!

D- Progs are filthy and dumb.

:lol:  The way he thinks he will not be in business long. 
A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."

TboneAgain

Quote from: SVPete on June 06, 2014, 05:17:48 AM
Yeah, well, cities doing this foolishness will soon amend their ordinances to forbid itemizing (or otherwise communicating to customers) price increases due to their government-set minimum wage. Failing to do so in the original ordinance was just an oversight.

Maybe the most heinous number on that receipt is the sales tax! That's a 9.5% toll, and it's applied to the sub-total of ALL other charges, including other taxes. In other words, she paid taxes on taxes.
The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people. -- Tenth Amendment to the US Constitution

Government is not reason; it is not eloquent; IT IS FORCE. -- George Washington

Solar

Quote from: TboneAgain on May 02, 2015, 08:40:12 PM
Maybe the most heinous number on that receipt is the sales tax! That's a 9.5% toll, and it's applied to the sub-total of ALL other charges, including other taxes. In other words, she paid taxes on taxes.
Jeeez, I never saw this when he posted it back when. Nothing like being "In Your Face" with breaking Constitutional law of double taxation.
But then, it is Seattle, where min wage is about to eat them alive.
Official Trump Cult Member

#WWG1WGA

Q PATRIOT!!!

Dori

The danger to America is not Barack Obama but the citizens capable of entrusting a man like him with the Presidency.

quiller

http://iotwreport.com/?p=284245

The photo shows six people (including the owner), and the CLAIM here is that to make up the difference between what he NOW pays these five people and what they'd earn under the new law is $80,000. That's an additional $16,000/employee.

What was he paying them BEFORE this? Does he actually believe the figures he's spouting?

walkstall

Quote from: quiller on May 03, 2015, 07:06:18 AM
http://iotwreport.com/?p=284245

The photo shows six people (including the owner), and the CLAIM here is that to make up the difference between what he NOW pays these five people and what they'd earn under the new law is $80,000. That's an additional $16,000/employee.

What was he paying them BEFORE this? Does he actually believe the figures he's spouting?

Why don't the damn fool down size.   :lol:
A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."

quiller

Quote from: walkstall on May 03, 2015, 07:14:47 AM
Why don't the damn fool down size.   :lol:

Multiply that state's minimum wage before this was passed, times 40 hours, times 5 employees.
Do the same for the new wage.

Someone's lying, big time. Either that or the libs he's got are too stupid to know he was underpaying them (assuming he's truthful about the $80K).

Dori

Quote from: quiller on May 03, 2015, 07:06:18 AM
http://iotwreport.com/?p=284245

The photo shows six people (including the owner), and the CLAIM here is that to make up the difference between what he NOW pays these five people and what they'd earn under the new law is $80,000. That's an additional $16,000/employee.

What was he paying them BEFORE this? Does he actually believe the figures he's spouting?

The minimum wage prior to the $15 was 9.19.  Five people would be an additional $60k plus employer taxes. 
The danger to America is not Barack Obama but the citizens capable of entrusting a man like him with the Presidency.

mdgiles

Marxists have never understood Capitalism. In there primitive minds not one can profit without someone else losing. the idea that BOTH might be happy with the transaction just never occurs to them because basically they have a child's outlook on the world. They want to have their cake and eat it also.
"LIBERALS: their willful ignorance is rivaled only by their catastrophic stupidity"!

Dori

Quote from: mdgiles on May 03, 2015, 09:44:48 AM
Marxists have never understood Capitalism. In their primitive minds not one can profit without someone else losing.

They must think that wealth isn't created and that the amount of money in the world is finite. 
The danger to America is not Barack Obama but the citizens capable of entrusting a man like him with the Presidency.

TboneAgain

Quote from: Dori on May 03, 2015, 10:34:14 AM
They must think that wealth isn't created and that the amount of money in the world is finite.

Finite may not be the right word. On the one hand, social progressives behave as though they think wealth is fixed (this bizarre idea explains their fixation on redistribution), while on the other hand, economic progressives are busy churning out $100 bills down at the Fed at a rate that would make your head spin. Progressives don't and won't ever understand sound economics or efficient social policy, and those aren't what they want anyway. They seek domination, at any cost and by any means.

KenyaCare isn't about health care or even insurance coverage. It's about power.

The new EPA regulations governing emissions from powerplants aren't about clean air. They're about power.

IRS policies with regard to tax-exempt organizations aren't about taxation. They're about power.

Common Core isn't about improving the education kids get in public schools. It's about power.

The Renewable Fuel Standard isn't about saving the planet or reducing our consumption of oil. It's about power.

Believe me, I could keep listing this stuff all afternoon. Lucky for you I've got to cut grass!  :tounge:
The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people. -- Tenth Amendment to the US Constitution

Government is not reason; it is not eloquent; IT IS FORCE. -- George Washington