Posted on 07/01/2017 8:56:22 PM PDT by Olog-hai
I know about Seattle. It has become a cesspool of the homeless camped out everywhere. Their tents are everywhere. They on the sidewalks, they are huddled in sleeping bags in doorways and along store fronts. With all of these homeless, you would think the city would provide port-a-potties everywhere. Not a chance! Let the defecation continue.
When the reality of their $15 minimum wage hits, the cesspool will get worse. There will be more homeless to join them.
They will simply not grasp the connection.
Like taking a rolled-up newspaper and spanking a dog that made a mess - two weeks ago.
Their lack of critical thinking skills precludes any thought more complex than "Give me mo' stuff!"
Regards,
In six months we will be flooded with stories whining about the new “Food Deserts” in the LA ghettos.
So if people stop eating out because of that increase what do they do with their disposable income? Do they start to cook for themselves?
What about cleaning services? Will the increase in labor caused people to start to clean their own houses?
What about landscaping? Will will people start to mow their own grass?
Will the savings rate increase or do they spend the money elsewhere?
So it is a zero sum game?
Yes, with our open borders and the Chamber of Commerce keeping immigration at sky high levels that without a minimum wage we’d be Brazil.
Yeah, Big Macs in LA are going to sell for $4,345. An armed guard will delver them to your car.
As the minimum wage rises, so to many union wages tied to it. Thus contributions to the democrat party also rise. That’s a nice scam, no?
On the other hand, wage inflation leads general inflation...... that’s what the article says.
The general inflation is the only way to reduce the debt at all the different levels of government. That’s the way it has been since the beginning of time
That's not how tax brackets and marginal rates work. When your income crosses the next bracket only the additional income above that amount(called the marginal amount) is subject to the new tax rate. Hence the term marginal tax rates.
Only 7% of the private sector is unionized.
——Here in the US, we would never consider such a thing.——
Actually, not only do we consider, but actually allow such squatters on public lands.
Just yesterday right here there was a long article with pictures of a tent camp under the expressway in Oakland California.
Sealing the borders and halting ALL immigration for 20 years and let the laws of supply and demand kick in and wages will naturally go up. But that won’t happen so the “Brazilification” of the USA will continue.
So if a person decides to forgo a trip to McD’s because it cost to much do they just not eat then? If they make a bologna sandwich for themselves and save $5.00. what happens to that saved $5.00?
Wages across the board must rise as well. A trained productive employee retained at his current rate always feels as though he has taken a pay cut and naturally ask for a commensurate increase.
Then consider the union contracts with pay scales based on prevailing wages, and as you said, bang huge increases across the board cascading into public works project and government supply costs. And waiting quietly in the wood pile are the hidden increases in pension costs. Yowzah!
Stupid inflationary move at a time when an economic recovery is in progress.
Thing the Dems and progressives don't know this? Think again, any setbacks to the economy resulting from these minimum wage increases will be laid at the door of Trump and GOP legislature majority. Some folks juat want to see the world burn.
There will be much sorrow and gnashing of teeth.
I call it the collective “union mentality” syndrome.
Strike or have the government raise your pay for political reasons that have no connection to productivity.
After that, in a few months start to whine about why the cost of everything has gone up due to increases in labor costs.
After that, go on strike again for higher wages again, and again, and on and on and on...with.....each time the price of everything rising to cover it.
The have no idea that your pay is based upon what is your worth to the employer or the complexity of the job to be done. Just worker bees buzzing around only thinking of what they will be doing this weekend.
The government does not have the right to set a minimum or a maximum hourly pay rate.
Adding $0.50 to $1.00 for á meal is small potatoes compared to past energy cost increases that doubled restaurant prices in the past. These increases never were reduced when oil prices dropped. Govt regulations and high business taxes acount for a third of restaurant costs. The sky is not falling.
It goes toward paying their health insurance premiums which are increasing by double digits every year.
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