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Keyword: minimumwage

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  • Joe Biden Misreads Teleprompter and Calls for $15 Million Minimum Wage (VIDEO)

    10/10/2020 9:25:37 AM PDT · by White Lives Matter · 82 replies
    Gateway Pundit ^ | October 10, 2020 | Jim Hoft
    China Joe Biden had another gaffe filled day on Friday during his appearances to small groups of supporters in Nevada. Biden was laughed at when he told supporters to sit down on the ground in their safety circle. Then later during a speech to a few supporters in Las Vegas, Nevada Joe Biden called for $15 million minimum wage.
  • The Eugenic Effects of Minimum Wage Laws [2005]

    10/06/2020 11:48:21 AM PDT · by edwinland · 4 replies
    During the second half of the Progressive Era, beginning roughly in 1908, progressive economists and their reform allies achieved many statutory victories, including state laws that regulated working conditions, banned child labor, instituted “mothers’ pensions,” capped working hours and, the sine qua non, fixed minimum wages. … Progressive economists, like their neoclassical critics, believed that binding minimum wages would cause job losses. However, the progressive economists also believed that the job loss induced by minimum wages was a social benefit, as it performed the eugenic service ridding the labor force of the “unemployable.” Sidney and Beatrice Webb (1897 [1920], p....
  • Swiss City Goes Off The Deep End On Minimum Wage: In Order to Eliminate Poverty, The New Minimum Wage in Geneva Will Be $53,000 a Year!

    10/05/2020 5:55:26 PM PDT · by SeekAndFind · 29 replies
    Hotair ^ | 10/05/2020 | Jazz Shaw
    Most of you are likely familiar with the city of Geneva, Switzerland. It’s famous for being the home of the United Nations and some of the world’s most lucrative (and secretive) banks, as well as the birthplace of the Geneva Convention. One other fact is that it’s among the most expensive places to live on the planet. As a result, it’s rather hard to get along there if you’re not part of the fabulously wealthy set. But now they’ve come up with a solution to that issue and it’s one that was probably predictable given Switzerland’s socialist leanings. They’re...
  • The Cynicism of Joe Biden’s Minimum-Wage Politics. There are better alternatives to help the poor, but $15 an hour would reward friends and punish enemies.

    10/05/2020 2:42:04 AM PDT · by karpov · 21 replies
    Wall Street Journal ^ | October 4, 2020 | Steven E. Landsburg
    ... Take Mr. Biden’s stance on the federal minimum wage, which he wants to increase to $15 an hour from $7.25. Why transfer income to low-wage workers as opposed to poor people generally? Mr. Biden has ignored the question. But even if you’re laser-focused on raising wages, there are better alternatives. The Earned Income Tax Credit increases after-tax wages and gives businesses an incentive to hire more employees—an incentive the minimum wage gets backward. The EITC also allows workers the flexibility to negotiate with employers, accepting a lower wage in exchange for more-flexible hours or better conditions. The minimum wage...
  • Swiss city to institute highest-ever minimum wage of over $4K a month

    10/02/2020 2:53:38 PM PDT · by nickcarraway · 17 replies
    New York Post ^ | October 2, 2020 | Hannah Frishberg
    One of the world’s richest cities is instituting a minimum wage which proponents say is only relatively sumptuous. Geneva, which by most metrics ranks in the top five for the globe’s priciest places to live, has approved a minimum wage which would be considered lavish elsewhere but is intended to just get food on the table for its poorest workers. The Swiss city voted in a two-thirds majority Sunday to introduce a minimum wage of 23 Swiss francs ($25) an hour for a 41-hour workweek, CNBC reported. That adds up to somewhere in the range of $4,100 a month, or...
  • Vote NO on Amendment 2 and explore better minimum wage alternatives ......(Florida)

    09/17/2020 11:44:53 AM PDT · by caww · 12 replies
    sun-sentinel. ^ | 10/15/2020 | CARLOS GAZITUA
    Now is the worst possible time for a 75% increase in Florida’s minimum wage. Florida’s unemployment rate was 11.3% in July, the latest monthly statistics provided by the Department of Economic Opportunity. According to a Florida State University survey released in June, one-in-six state businesses have closed for good due to COVID-19. The state’s restaurant, retail and tourism industries, which employ an overwhelming number of entry-level workers and operate on razor-thin profit margins, have been hit particularly hard by COVID-19 as people stay home and have less disposable income. Everyone wants to help 'entry-level' employees, but there are better alternatives...
  • Trump: I Will Make Statement on Minimum Wage, I Think It’ll Be ‘Very Positive’

    07/01/2020 11:35:12 PM PDT · by Reno89519 · 141 replies
    Breitbart ^ | July 1, 2020 | Ian Hanchett
    During an interview with the Fox Business Network on Wednesday, President Trump declined to criticize states and the District of Columbia for their recent raises to their local minimum wages, said that he will issue a statement in the next couple of weeks on the minimum wage. Trump also stated that he feels differently from “a lot of people” on the issue of the minimum wage and that includes some members of his own party, and thinks he will “have a very positive statement on minimum wage.”
  • Romney calls for a $12 temporary increase in minimum wage

    05/07/2020 12:08:15 PM PDT · by Trump20162020 · 82 replies
    Restaurant Business Online ^ | May 4, 2020 | Peter Romeo
    Sen. Mitt Romney has proposed raising the wages of restaurant employees and other essential workers by $12 an hour through July as a way of raising their compensation above what they could collect in unemployment benefits and other forms of relief. Under the Utah Republican’s Patriot Pay Plan, employers would eat $3 of the increase, with the rest generated from a federal tax credit. For employees earning no more than $50,000 on an annualized basis, employers would get a refundable tax credit equal to $9 an hour, up to a maximum of $1,440 a month per employee.
  • Biden calls for immediate $13 minimum wage increase for frontline workers

    05/05/2020 5:40:28 AM PDT · by Oldeconomybuyer · 38 replies
    NBC "News" / Comcast ^ | April 4, 2020 | by Marianna Sotomayor
    WASHINGTON - Former Vice President Joe Biden Monday called for an immediate $13 minimum wage increase for essential workers and criticized President Trump for viewing these front-liners as “disposable” amid the coronavirus pandemic. Speaking at a virtual town hall with the League of United Latin American Citizens (LULAC), the apparent Democratic nominee proposed giving employees required to work through the public health crisis - many of whom are minorities and are working in a “war zone” - a $13 minimum wage increase on top of their current salaries to ensure that they can sustain their families, especially if they were...
  • Burger Robot to Replace Fast Food Workers With a Wage of $3 an Hour

    03/01/2020 7:50:52 AM PST · by Diana in Wisconsin · 86 replies
    The Mind Unleashed ^ | February 29, 2020 | Aaron Keisl
    If your job is working at a restaurant flipping burgers you may soon find yourself replaced by a robot that works for only $3 an hour. The new robot named Flippy developed by Miso Robotics costs less to employ than a minimum-wage worker. Currently, Miso Robotics charges an up-front fee of between $20,000 and $30,000 to install Flippy into restaurants. The LA Times reports: “As a result, Miso can offer Flippys to fast-food restaurant owners for an estimated $2,000 per month on a subscription basis, breaking down to about $3 per hour. (The actual cost will depend on customers’ specific...
  • Vermont Governor Vetoes Minimum-Wage Bill

    02/19/2020 2:43:18 PM PST · by cann · 6 replies
    bloomberg tax ^ | Feb. 11, 2020, 9:27 AM | Christine Pulfrey Editor/Writer
    A Vermont bill that proposed increasing the state’s hourly minimum wage was vetoed Feb. 10, 2020, by Gov. Phil Scott (R). The measure (S. 23) proposed raising the minimum wage to $11.75 from $10.96 on Jan. 1, 2021, and to $12.55 on Jan. 1, 2022. Scott, in statement, said an analysis showed that a higher minimum wage would lead to job losses, decreased employee hours, and increased costs for goods and services. To override the veto, a two-thirds majority vote is needed in both legislative chambers, each of which has a Democratic majority.
  • Germany's minimum wage spurred productivity, but hit small firms

    02/18/2020 8:40:07 AM PST · by Olog-hai · 8 replies
    Deutsche Welle ^ | 02.18.2020
    The introduction of a nationwide minimum wage in Germany has spurred a growth in worker productivity, according to a study published Tuesday. The government in Berlin first established a minimum wage in 2015, requiring firms to pay their employees €8.50 ($9.20) per hour. At the time, around 15% of the German workforce was earning less than that amount. Research by University College London (UCL) and the German Institute for Labor Market Research (AIB) found that the change did not result in higher joblessness among low-wage workers — one of the fears before the policy was rolled out. […] Instead, their...
  • At Valentine’s Day Rally, Dallas Shows Bernie Sanders Some Love

    02/15/2020 2:13:11 PM PST · by Kaslin · 38 replies
    The Federalist ^ | February 15, 2020 | Madeline Osburn
    MESQUITE, Texas — North Texans voting in the second-largest Super Tuesday state in just two weeks arrived at the dirt-floored rodeo arena 13 miles east of Downtown Dallas to hear Democratic frontrunner Bernie Sanders at a campaign rally Friday night.“I have never been to a rodeo in my life but I do work in Washington, DC and I do hear a lot of bullshit,” Sanders told the crowd of nearly 5,000 people before confidently announcing, “We’re gonna win Texas.”Polling released the same day tells a different story. The latest University of Texas/ Texas Tribune poll of Democratic voters in Texas...
  • Does a Minimum Wage Hike Lower the Suicide Rate?

    01/23/2020 3:43:13 AM PST · by Kaslin · 8 replies ^ | January 23, 2020 | Larry Elder
    This is a new one. The New York Times headline read: "Minimum Wage Raises Could Lower Suicide Rates, Study Says." But there was a subheadline: "It was the latest study to suggest that effects of wage increases reach beyond economic welfare, but some experts pushed back on the findings." Let us "push back." The study was published in January in the Journal of Epidemiology and Community Health. The Times article noted that 47,000 Americans committed suicide in 2017 and said: "The new study examined suicide rates from 1990 through 2015 across all 50 states and Washington, and measured how they...
  • Could raising the minimum wage prevent thousands of suicides?

    01/10/2020 6:33:23 AM PST · by Oldeconomybuyer · 91 replies
    CBS "News" ^ | January 10, 2020 | By Aimee Picchi
    * Fewer suicides occur when minimum wages are higher during periods of elevated unemployment, according to a new study. * Every $1 increase in the minimum wage is associated with a 6% reduction in suicide for high school grads. * Boosting the minimum wage by $1 could have saved 27,550 lives from 1990 to 2015, the study says. Raising the federal minimum wage, which hasn't increased in more than a decade, might accomplish far more than simply offering U.S. workers a boost in pay. New research suggests that lifting the baseline wage could also stop thousands of Americans from killing...
  • Seattle Restaurant Worker: I’m a Progressive, but the Minimum Wage Law Killed Jobs Including Mine

    12/26/2019 7:39:53 PM PST · by SeekAndFind · 41 replies
    Townhall ^ | 12/26/2019 | Matt Vespa
    In general, it sucks to get fired. Seldom do I celebrate someone getting their job torched—oftentimes liberal media outlets bring it upon themselves, but it’s still never a good thing, especially around the holidays. And it’s maddening to a certain extent when you know jobs will be lost because Democrats keep peddling trash economic policies. The minimum wage hike is the mecca of all things bad. These jobs aren’t meant to support families, but Democrats seem keen on peddling this policy that will lead to job losses, cut hours, and smaller paychecks. It’s already happened in New York. In Seattle,...
  • $15 minimum wage amendment makes 2020 Florida ballot

    12/23/2019 8:22:00 PM PST · by Tolerance Sucks Rocks · 106 replies
    The Orlando Sentinel ^ | December 19, 2019 | Steven Lemongello
    Floridians will vote next year on whether to raise the state’s minimum wage to $15 an hour by 2026, an amendment initiative led by Orlando attorney John Morgan that’s already drawing opposition from Republican leaders and the business community. The initiative that will be called Amendment 2 made the November ballot after its wording was approved by the Florida Supreme Court in a decision released Thursday. Court review was the last obstacle to getting the measure on the ballot after Morgan’s Florida For A Fair Wage collected more than 770,000 of the required 766,200 signatures. The amendment would raise the...
  • Joe Biden Goes Woke: ‘We Should Unionize McDonald’s’

    12/21/2019 9:07:30 AM PST · by conservative98 · 61 replies
    Breitbart ^ | 20 Dec 2019 | HARIS ALIC
    Biden, who often touts himself as a “union man” on the campaign trail, made the promise while speaking at a rally organized by the progressive organization Fight for 15 in Los Angeles, California. During his remarks, which came only hours before the Democrat presidential primary debate, the former vice president channeled his more progressive rivals when stating that fight for $15-an-hour was about more than economics. “It’s not just the numbers, and by the way there’s been a war on fast food workers for a long, long time,” the former vice president said, before lambasting companies like Chuck E. Cheese...
  • Small Business and the Fight for $15: A new study shows how a rising minimum wage hurts little companies.

    12/16/2019 5:09:42 AM PST · by karpov · 10 replies
    Wall Street Journal ^ | December 15, 2019
    Here’s another volley in the debate over the “Fight for $15”: As the federal minimum wage rose from 1989-2013, small businesses in affected states suffered “lower bank credit, higher loan defaults, lower employment, a lower entry and a higher exit rate.” That’s according to a study last week from the National Bureau of Economic Research. The analysis by three professors at the Georgia Institute of Technology exploits the fact that many states—now more than half—set their own minimum wages higher than the federal standard. This provides a natural control group. When the nationwide minimum goes up, how do the states...
  • Seattle’s Wage Mandate Kills Restaurants: The legal minimum is going to $16.39 an hour, while my pay drops to zero.

    12/13/2019 4:37:49 AM PST · by karpov · 112 replies
    Wall Street Journal ^ | December 12, 2019 | Simone Barron
    This city’s minimum wage is rising to $16.39 an hour on Jan. 1. Instead of receiving a bigger paycheck, I’m left without any pay at all due to the policy change. That’s because the restaurant where I’ve worked for six years is closing as a consequence of the city’s harmful minimum-wage experiment. I work for Tom Douglas, one of the best-known restaurateurs in Seattle. Mr. Douglas is in many ways responsible for the city’s reputation as a foodie paradise, and he recently celebrated his 30th anniversary in business. He’s a great boss, and his employees tend to stay at the...