Posted on 01/01/2022 1:53:22 PM PST by ChicagoConservative27
At least 20 states are beginning the new year by increasing their minimum wages, while Puerto Rico and several cities and counties are also bumping up pay for workers in 2022.
A total of 26 states will have minimum wage increases go into effect in 2022, with wage hikes beginning in 22 states on Jan. 1, according to Wolters Kluwer Legal & Regulatory U.S., a company providing information on finance, regulatory compliance and the law.
A wage increase in New York state began a day earli
(Excerpt) Read more at thehill.com ...
Pink slips to follow.
I won’t consider anything less than $50 an hour./s
21 states and 35 cities and counties raised their minimum wage today. The overwhelming majority of the American people understand that we must end starvation wages in America. Congress must act and raise the federal minimum wage from $7.25 an hour to $15 an hour.
Please tell me this is sarcasm.
I just bumped to $125 just to show up, $85/hr after that, and I’m still at the low end.
Social Security went up by only about 6%, but Medicare costs went up too, so there goes that.
SNAP / EBT went up by about 30-some percent.
And now minimum wages up, and thus the cost & availability of goods & services.
These people KNOW it will cause inflation, and are designing it to hurt savers, retirees, and the middle class.
What’s your profession? computer science?
From my observations of current labor rates around the country, a raise in the minimum wage will affect relatively few workers and businesses as the great majority of employers are paying well over minimum wage now just to get enough bodies to operate. The highest minimum wage, $15 per hour, is found in California and Washington DC where the cost of living already dictates wages well above those floors.
The people that will be hurt are the small single-store proprietors and restaurateurs, like the Dairy Queen owner who uses young kids and has to make their money in a very short season. It is unarguable that artificially increasing labor rates will hurt the very small businessman and discourage new startups.
Here’s a list of the minimum wage requirements in all 50 states:
https://www.paycor.com/resource-center/articles/minimum-wage-by-state/
Wow. It’s a good thing Psaki told us the inflation is temporary, fast and not really a bad thing after all. Or we would be worried about it.
And we assume all those employers are going to hold to the same prices for our fast food, retail items, deliveries and services, absorbing the wage costs themselves as the cost of doing business./S
Sounds like the trades.
I just bumped to $125 just to show up, $85/hr after that, and I’m still at the low end.
—
Move up - you could go work in Parker Schabel’s open pit Yukon gold mine for 180 days and make $140,000 with possible million dollar bonuses
Yup! And, many more “self-checkout” lanes in grocery stores and places like Walmart, Target, etc. Consequences!!!
An elderly person I know just had their food stamps cut because of the SS increase. The officials did not even figure in the rise in the cost of Medicare.
The price of a Whopper is going to hit $10.00 soon. Who is going to buy.
The rate of inflation ahead of any minimum wage increase not to mention the law of supply and demand.
Push carts at the local Walmart for 14 dollars per hour.
The regional grocery store chain will hire you to run register for 12 dollars her hour.
doubling down on stupid! I hope they LOVE inflation!
Hey, everyone! Revel is treating us all to Whoppers at Burger King!
Electrical Contractor
“Pink slips to follow.”
You’re right. But it’s the reasons for the layoffs leading to the act that is the real opportunity to discovery.
The first noteworthy display is that as costs go up to cover the HR changes, there has to be an increase in costs for the business to cover. And that can be done only one way, an increase in the costs being passed off to the consumer. So it leads to a really simple fact: the only reason a business survives is that the public comes through the door. If they are driven away due to cost, there is no income to cover any cost increases.
So then it is either to cut services, products, hours of operation, or sell out. (To who?) It becomes a game of dwindling possibilities which will all be used while Rome burns and in time turns to failure for everybody because the economy of most countries consists of inter-operating businesses.
And this is all part of the plan that has been formulating in the liberals little minds for over a century to lower the US dominance and bring us to the level of third world countries. So while they bring in those people to do that with uncontrolled or legalized crime, poverty, destruction of societal morals, religious beliefs, family units, and even a feeling of success and not despair of failure with fear mongering, targeting those that can keep us at the levels this country grew to as late as the Trump administration, we are toppling and other countries are all over us like stink on manure.
The liberals in time will accomplish their goal of being the big fish in the little pond by poisoning all the others or chasing them out to another pond.
But there is one good thing about their success...it will only be a matter of time until they will be chased out of the pond by the incoming fish. The adage that they will be killed last is very much in the works. And it has been coming from them as the tail end of their successes in their destruction and they are too stupid, too egotistical, or don’t care as they “may” not be around to see it.
wy69
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