Posted on 07/14/2019 6:10:08 PM PDT by CondoleezzaProtege
Top House Democrats are eyeing a major tweak to the caucus’ signature minimum wage proposal, part of a last-minute bid to bolster support among moderates just days before a floor vote.
Democratic leaders are floating a more gradual path to a federal minimum wage of $15 per hour, which would mark a concession to some centrists who had been hesitant to back the bill for fear of aggravating small businesses, according to multiple sources familiar with the ongoing discussions.
Under the proposal, employers would have six years to phase in the wage hike rather than five.
(Excerpt) Read more at politico.com ...
How thoughtful! /s
The Fight for 15 folks are not going to like this. They want their repar—um, wages right now.
Government price setting always creates shortages. Setting wages creates job shortages.
In a free society, everyone who has a job is worth exactly what they’re being paid, because if they are worth more, they will find a job that pays more.
Everybody’s income is someone else’s cost, and the government needs to stay the hell out of regulating that.
They are doing this bill to create a national campaign issue. They don’t expect the Senate would ever pass this, nor would the President sign it.
Democrats, and most other dummies, will never understand that, whatever they raise the minimum wage to, automatically becomes the new poverty wage; which means that they would almost immediately be looking to raise that minimum wage to some other ‘higher’ minimum wage.
Thank God for the Senate.
Thank God for President Trump.
This bill is going no where.
Wish the rats in the House would spend my tax dollars on something useful.
"Democratic leaders are floating a more gradual path to a federal minimum wage of $15 per hour, ..."
FR: Never Accept the Premise of Your Opponent’s Argument
Patriots are reminded that the states have never expressly constitutionally given the corrupt, post-17th Amendment ratification feds the specific power to establish INTRAstate minimum wage.
”From the accepted doctrine that the United States is a government of delegated powers, it follows that those not expressly granted, or reasonably to be implied from such as are conferred, are reserved to the states, or to the people. To forestall any suggestion to the contrary, the Tenth Amendment was adopted. The same proposition, otherwise stated, is that powers not granted are prohibited [emphasis added].” —United States v. Butler, 1936.
Federal lawmakers exploit low-information voters who have probably never been taught about the fed’s constitutionally limited powers, career lawmakers staying in power with promises of unconstitutional federal laws that benefit such voters.
Remember in November 2020!
MAGA! Now KAG!
DEMOCRAT
Minimum Wage
Mandatory Unemployment
Unemployment For All
Hurt the Children
Why fifteen dollars? The Dems are a bunch of pikers. Fifteen dollars an hour is only $30K a year. That’s hardly enough to get a good home, and a decent car. Make it $50 an hour, then everyone can be rich!
The dems want to take your job away and replace you with illegals that will work for less than minimum wage and no benefits.
Yup
And which rich Democrat donors and Democrat-owned conglomerates Will foot the bill? Jeff Bezos?
That makes no sense. If an amount of work x is done at $7.35/hr then y is amount performed at $15.00. Your theory is the y < x. Who is gong to perform the margin x - y work? Your theory says the work was not important or irrelevant?
Set minimum wage at $10.00 then tie it to inflation. Take the politics out of it.
Increasing the minimum wage could increase inflation it does not cause unemployment. The work will still get done.
If the government artificially increases wages for political reasons, then it's increasing employers' costs.
In that case, the employers' only viable choices are to a) hire fewer workers, b) reduce the current number of employees, c) discontinue the product/service altogether, or d) raise prices to cover the increased cost, which beyond a certain level will reduce the number of customers willing to buy the product/service.
In each of the above scenarios, the result will be a shortage of jobs or products/services.
Citing higher minimum wages in Seattle, Portland, and SF, restaurant chain files for bankruptcy
Where do the customers go that used to go to that restaurant? Do they stop eating?
They will do this or go out of business which will increase market share of those that stay in business. Econ 101.
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