Posted on 02/10/2020 2:57:50 PM PST by Libloather
Billionaire activist and 2020 Democrat Tom Steyer pledged to push for a $22 minimum wage if he wins the White House in November.
Steyer made the pledge while campaigning in Winnsboro, South Carolina, on Sunday. His minimum wage standard is the highest so far of the Democratic presidential primary field.
The federal minimum wage has sat at $7.25 for the past decade. Washington, D.C., and 29 states have set higher standards, however.
Steyers wage floor is set much higher than what most politicians and activists are currently calling for. Former Vice President Joe Biden, former South Bend, Indiana, Mayor Pete Buttigieg, Sen. Bernie Sanders of Vermont, and Sen. Elizabeth Warren of Massachusetts have all released plans calling for a $15 minimum wage.
(Excerpt) Read more at washingtonexaminer.com ...
Common sense. Labor is just not much of a cost driver most of the time.
The left is literately eating our lunch with this issue. For a tiny push up in inflation the GOP could make huge inroads where it counts.
Cmon man...why not make it $100 and put all of the entry level workers out of work....then you can give them all food stamps, ebt cards, and a REI tent and camp stool for street living...
Of.course a Big Mac will be 30 dollars.....
Which, in a real world political macro sense, means you have zero common sense.
“I hearby announce my candancy for
president.
I promise every person a million dollar a year income.
Vote for me!”
Anyone remember the SNL sketch with Phil Hartman as a candidate promising everyone millions of dollars? Not as much of a stretch now. Phil was hilarious.
I visualise a day when people will be free
And we’ll be living in a new society.
No class distinction, no slums or poverty
I have a vision of a new society.
And every home will have a stereo and TV,
a deep freeze, quadrasonic and a washing machine.
So workers of the nation unite.
I;m your man
I’ll work out a five-year plan
So vote for me brothers
And I will save this land
And we will nationalise the wealthy companies
And all the directors will be answerable to me,
There’ll be no shirking of responsibilities
So people of the nation unite.
Union Man I’ll work with you hand in hand
For we’re all brothers to our Union Man.
I ‘m your man,
Oh God how I love this land,
So join together save the Fatherland.
The age old management vs worker conflict. Well there are about 5 million small, mid and large cap businesses with more than one employee. So it is 5 million vs 330 million. Who wins that?
Well Tommy we’ll pay it out of your fortune until that’s gone then revert back to $7/hour.
The first two items are ok, but the third one? The stuff of nightmares.
Guessing he won’t raise my retirement to match it.
Oh, it’s you again. I won’t waste any more time on it. Some people can’t accept reality.
You post a ridiculous exception to the rule and yo want us to take it seriously?
Come on up to Minnesota. I’ll give you a shovel and a wheelbarrow and you can put your skills to work.
Labor is THE cost driver in the restaurant business.
Accusing me of not having common sense is bereft of civility. You don't know me!!
I stand by an earlier post where I refuse to lie in order to pander to the ignorance of people like you! You deserved that based on the fact that you would not concede that my economics viewpoint was correct.
Your political observation that the fastest way to Republican victory may be some concession to an increased minimum wage may be correct. I just refuse to participate in a LIE. Political expediency should not be tolerated. That is why you are wrong.
I think he made it through finance/banking.
If you think he’s a loon, you should take a look at his wife and her causes.
The poor people simply do not understand why it is harmful to raise the minimum wage. Take any product. It goes through several stages to end up at a consumers door. Take a simple carrot. It is picked, cleaned packages, shipped and put out for sale. If each step cost 20% more the end user is paying 8o% more for the carrot.
Does he own any Businesss that pay a minimum $22 an hour now?
Welcome to McDonalds.Thats one cheeseburger, a large fry, and a large coke. That’ll be $47.50.
In 1976 when I was 16 and started to work MW was 2.30 hour. 2019 it is now 9.45 hour. So in 43 years it has only raised 7.15. However food, gas, housing has what tripled, quadrupled?
So yes it needs to be raised to 12.00 at least.
“Would you buy it for a quarter?”
[”The Marching Morons,” C.M. Kornbluth]
Free copies at the following, or read it online!
The Marching Morons by C. M. Kornbluth
https://www.gutenberg.org/ebooks/51233
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