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Dem Rep. Khanna: ‘We Don’t Want’ Small Businesses That Can’t Afford $15 Minimum Wage
breitbart ^ | 21 Feb 2021 | PAM KEY

Posted on 02/21/2021 10:09:12 AM PST by MarvinStinson

Representative Ro Khanna (D-CA) declared Sunday that we should not want “low-wage businesses” when pressed on small businesses who would struggle under a federal mandate to pay employees $15 an hour.

The nonpartisan Congressional Budget Office predicted raising the federal minimum wage to $15 an hour by 2025 would cost 1.4 million Americans their jobs over the next four years.

Khanna said, “Abby, it’s absolutely the right time to give working Americans a raise. Let’s look at the facts. Amazon raised their wage to $15 nationally, not regionally. They have more jobs today. It didn’t hurt job creation or business. Target followed. They also did it nationally, more jobs.”

Phillip said, “Large businesses like Amazon and McDonald’s, for example, can and perhaps should pay more, but I’m wondering what is your plan for smaller businesses? How does this, in your view, affect mom and pop businesses who are just struggling to keep their doors open, keep workers on pate roll right now?”

Khanna said, “Well, they should be doing it by paying people low wages. We don’t want low-wage businesses. Most successful small businesses can pay a fair wage. If you look at the minimum wage, it increased with worker productivity until 1968, and that relationship was severed. If workers were actually getting paid for the value they were creating, it would be up to $23. I love small businesses, I’m all for it, but I don’t want small businesses that are underpaying employees. It’s fair for people to be making what they’re producing. I think $15 is very reasonable in this country

(Excerpt) Read more at breitbart.com ...


TOPICS: Crime/Corruption; Government
KEYWORDS: khanna
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To: Brilliant
When I was a child I visited the Ford Motor Dearborn Plant - which was then producing 1966 Mustangs. It was a very busy scene, somewhat like an ant farm of activity, hundreds of laborers were within my field of view. The number of hours of labor in a car were probably in the mid teens at that time. Today the number of hours of labor in an assembled auto are probably 2-3. Lots of automation, very few humans visible an an assembly facility today.

Raise the minimum wage to $15 and you probably raise the cost of the lowest skilled entry level employee to about $22 an hour.

Expect to see the classic substitution of capital for labor.

21 posted on 02/21/2021 10:24:33 AM PST by Wally_Kalbacken
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To: MarvinStinson; All
The problem with a $15 minimum wage is not the !414 wage itself. It is this moron Khanna, who I suspect has never had to make a payroll or had to pay $15 as a wage producing a product or service that does not support that wage.

He is ignorant about how business economics works.

22 posted on 02/21/2021 10:25:46 AM PST by HotHunt
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To: Flick Lives

https://khanna.house.gov/sites/khanna.house.gov/files/khanna-newlogo-2.png“small>


23 posted on 02/21/2021 10:28:02 AM PST by Grampa Dave (History, as we know it, is written by the winners not the losers! Who is rewriting our history??)
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To: Jim W N

UNCONSTITUTIONAL!!!!!!!


24 posted on 02/21/2021 10:29:02 AM PST by JonPreston (Q: Never have so many, been so wrong, so often)
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To: MarvinStinson
Amazon raised their wage to $15 nationally, not regionally. It didn’t hurt business.

Yes it did

We've been systematically dumping leftist companies who've exposed themselves and not buying their products whenever humanly possible.

25 posted on 02/21/2021 10:29:05 AM PST by dragnet2 (Diversion and evasion are tools of deceit)
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To: MarvinStinson
“I can’t be responsible for every undercapitalized small business in America.” -- Hillary Clinton

https://thenewamerican.com/hillary-claims-corporations-and-businesses-don-t-create-jobs/

Bottom line... small businesses don't pay the amount of political tribute that big corporations pay and they don't generate union dues, so who needs them?

26 posted on 02/21/2021 10:29:05 AM PST by E. Pluribus Unum (The FBI used to go after communists. Now it is run by communists. The American Stasi.)
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To: MarvinStinson

another by-product of California higher edukation institutions and just another dog in the pack these days.

This is not who should speak for California and its future.

He’ll get a run at a Senate seat eventually and lose, as have all those who have no options left except to leave this state, and at this rate, maybe this country as well.

It’s institutions have certainly left us, legal citizens behind.


27 posted on 02/21/2021 10:29:15 AM PST by NormsRevenge (Semper Fi - Monthly Donors Rock!!! In CONgre$$ WE're Disgusted!! NMP!)
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To: lee martell

The small businesses I’m familiar with were having to pay the same exact corporate tax rate these large chains were paying. One in particular could barley afford to hire one person at current minimum wage.


28 posted on 02/21/2021 10:29:19 AM PST by CommieCutter (If the left wants sunshine, then I want rain.)
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To: MarvinStinson

Communists believe that the State should be the only owner of all the means of production. This is a giant step in that direction.


29 posted on 02/21/2021 10:29:28 AM PST by I want the USA back (The nation is in the grips of hysterical insanity, as usual.)
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To: MarvinStinson
My first job was at KFC where I got paid $1.25 an hour.

Should I ask for reparations?

30 posted on 02/21/2021 10:29:59 AM PST by Slyfox (Not my circus, not my monkeys )
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To: kiryandil

I like the way your #14 post boiled it all down.
Really high falootin’ parents with impressive degrees.
When it sounds like he’s had a rather cloistered, cocooned existence. Never really had to worry about being fired, evicted, having a working car or paying for tuition.

Nothing wrong with being academically accomplished. Of course not, but be ready to learn from others who have been fated to take a different road to something approaching financial security.


31 posted on 02/21/2021 10:32:53 AM PST by lee martell
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To: MarvinStinson

Stunningly ignorant moron


32 posted on 02/21/2021 10:33:29 AM PST by databoss
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To: MarvinStinson

Shades of Hillary saying they couldn’t be held responsible for every under capitalized business that fails. These so-called progressives are always the same in power: bad.


33 posted on 02/21/2021 10:34:15 AM PST by Rurudyne (Standup Philosopher)
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To: JonPreston
UNCONSTITUTIONAL!!!!!!!

Shout it from the mountaintops.

34 posted on 02/21/2021 10:34:52 AM PST by Jim W N (MAGA by restoring the Gospel of the Grace of Christ (Jude 3) and our Free Constitutional Republic!)
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To: lee martell

Very True.

I see the only way small businesses survive is to either pay salary, or run it as a small mom and pop family business.


35 posted on 02/21/2021 10:35:11 AM PST by crz
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To: MarvinStinson

If workers were actually getting paid for the value they were creating, it would be up to $2,300 daily - Khanna meant to say


36 posted on 02/21/2021 10:36:26 AM PST by PIF (They came for me and mine ... now its your turn)
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To: MarvinStinson
No son of a communist fakir who benefited mightily from the caste system in India should ever wag a finger at an American.

"Khanna said, “Well, they should be doing it by paying people low wages. We don’t want low-wage businesses. Most successful small businesses can pay a fair wage. If you look at the minimum wage, it increased with worker productivity until 1968, and that relationship was severed."

Awww, because The Great Society $1T swindle by racist Democratgogue LBJ kicked in, you ignorant curry-swilling nimrod.

37 posted on 02/21/2021 10:36:43 AM PST by StAnDeliver (Eric Coomer of Dominion Voting Systems Is The Blue Dress)
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To: MarvinStinson

I’ve been twice banned by Breitbart, so I’ll make my comment here.
My first wage job, was minimum wage and within 30 days I received a raise from $1.65 to $2 per hour and subsequent increases after that.
I worked in a Liquor store across the river from Compton, yes, THAT Compton CA.
I went on to bigger and better things.
That job was just a start for a 16 year old kid.
Too bad kids now a days won’t get the opportunity to prove their worth to themselves with all this minimum wage BS.
Previously I had been an independent contractor, pulling weeds,mowing yards. Shipwright apprenticeship, paper boy, but that store was my first W-2 job.
White boy in a “minority” neighborhood.


38 posted on 02/21/2021 10:36:50 AM PST by rellic
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To: mythenjoseph

Automation, that is the 800 pound gorilla in the room no one wants to talk about, mediocrity is over, personally if this person was smarter, he would argue for universal basic income type deal or something similar.


39 posted on 02/21/2021 10:37:12 AM PST by the_individual2014
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To: MarvinStinson

Absolutely no idea how a business works....

No mind inside skull to hold that info, either.


40 posted on 02/21/2021 10:40:16 AM PST by ridesthemiles ( )
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