Posted on 07/18/2019 11:48:07 AM PDT by conservative98
The House of Representatives approved the Raise the Wage Act Thursday, which would boost the federal minimum wage for the first time in a decade.
In a 231-199 vote along party lines, the House passed the legislation that would increase the minimum wage to $15 an hour, more than double the current rate of $7.25. In an even more drastic increase, the bill calls for having the same minimum wage for tipped workers, raising it from $2.13 an hour.
(Excerpt) Read more at foxnews.com ...
I don’t agree with the H1-Bs.
It’s also my take that a $15.00 minimum wage is not pro worker.
It will serve to eliminate many jobs.
I agree.
Yes, I’m sure they will.
It would be a terrible idea though.
You move jobs from $7.75 an hour to $15.00 an hour, and jobs will simply disappear.
Too bad that you're too stupid to talk about facts instead of supposition and making things up!
Facts & Data on Small Business and EntrepreneurshipA rundown on key facts, numbers and trends regarding entrepreneurship and small business
American Business is Overwhelmingly Small Business
According to data from the Census Bureau’s Annual Survey of Entrepreneurs, there were 5.6 million employer firms in the United States in 2016.
● Firms with fewer than 500 workers accounted for 99.7 percent of those businesses.
● Firms with fewer than 100 workers accounted for 98.2 percent.
● Firms with fewer than 20 workers made up 89.0 percent.
Add in the number of nonemployer businesses – there were 24.8 million in 2016 (latest data) – then the share of U.S. businesses with less than 20 workers increases to 98.0 percent.
C-Corps: Among employer C corporations in 2015, according to the Census Bureau’s Statistics of U.S. Businesses, 84.9 percent had fewer than 20 employees, 96.4 percent fewer than 100, and 99.0 percent had less than 500 workers. If we add in nonemployer corporations, then those with fewer than 20 workers come in at 89.5 percent of all C corporations.
Bulk of Job Creation Comes from Small Business
According to the SBA’s Office of Advocacy:
● “Small businesses accounted for 61.8% of net new jobs from the first quarter of 1993 until the third quarter of 2016.” (See the Office of Advocacy’s “Frequently Asked Questions” publication.)
In addition, in it’s 2018 Small Business Profile of the United States, the SBA’s Office of Advocacy reported:
● “Small businesses created 1.9 million net jobs in 2015.”
● “Firms employing fewer than 20 employees experienced the largest gains, adding 1.1 million net jobs.”
● “The smallest gains were in firms employing 100 to 499 employees, which added 387,874 net jobs.”
“Now legal plunder can be committed in infinite number of ways. Thus we have an infinite number of plans for organizing it: TARIFFS, protection benefits,subsides,encouragements, progressive taxes, public schools,guaranteed jobs, guaranteed profits, MINIMUM WAGES, a right to relief,a right to the tools of labor, free credit, and so on and so on.
(Frederic Bastiat)
Might as well pass legislation mandating Unicorns crapping skittles for the ignorant masses!
Except this the same GOP that wants to import 300,000 new H-1B visa holders to replace those of us that actually did "learn to code". F the GOP.
It's not about the GOP - it's about not suppressing wages with H-1Bs and not reducing employment with minimum-wage laws. Bad bills are bad regardless of whether the GOP supports or opposes them.
When do the protests begin for $20/hr? Get your burgers now or you’ll never be able to afford them.
Yep, no more tips. No more lying on their income tax.
Yes, they are that mean and stupid.
They are not trying to destroy the restaurant industry as such, they simply don’t care if they do.
They consider those jobs to be necessary collateral damage.
It would be interesting to know what percentage of laid off food service employees understand that A) the higher minimum wage is responsible, and B) that this destructive wage is entirely the actions of Democrats.
I will wager (no pun intended) that the majority believe the Pubbies are responsible along with cheap, selfish customers.
Way Cool!!!!!!
Now every minimum wage worker is suddenly going to be working twice as hard, doing twice as much, bringing in twice the number of customers who will be buying twice as much stuff!
Not according to what they put on the receipt
Your repeated claims about the minimum are all false, dead wrong mere repetitions of democrat political lies.
It won’t take anyone off welfare. Companies aren’t going to eat the increases, so the price of everything increases while those making more than 15 per hour do not get a raise. It shrinks the middle class, and quickens the population into two classes, the rich and the poor. Killing the middle class has been a goal of the elite for a long time.
And those with useless degrees, like anything ending in “studies”, will have to go on the dole, meaning you and I pay their way.
If this passes, the inflation it will cause will hit me just as I retire to a fixed income.
Not possible if the number of customers are the same. The amount or work is still the same.
I pay my workers $10-20 above minimum wage to account for their expertise. This mandatory hike would put me out of business, as I can’t pass on the additional cost to my clients. It would destroy my business.
Btw, as for states that have already hiked wages — I can no longer afford workers from those states, so I don’t hire them. The Dems took away the opportunity for this work from them, and now they want to deny everyone.
Ignorant, self-righteous a-holes.
And, $7.50/hr will be a tax to build a wall.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.