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CBO: $15 minimum wage hike would cost 1.4M jobs

Discussion in 'BBS Hangout: Debate & Discussion' started by Amiga, Feb 9, 2021.

  1. SamFisher

    SamFisher Member

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    I forgot who it was but I remember getting inot a dumb BBS war with another poster who argued, many years ago that all workers were going to be replaced and automated and unemployment would creep inexorably upward regardless so basically workers had no choice but to accept lower and lower wages forever into perpetuity, and that $15 wages woudl end employment as we know it. .

    Just want to say - you got SO OWN3D buddy, whoever you were.
     
  2. fchowd0311

    fchowd0311 Member

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    Fine. Than hike up the tax rate for the wealthy and provide more supplemental income either in the form of subsidized housing or just direct deposited cash for low income workers.
     
    deb4rockets likes this.
  3. JuanValdez

    JuanValdez Member

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    If I was a McDonald's worker and was given the choice between staying at $11 and low inflation or getting a 36% wage increase but prices would go up 10%, I think I'd take the raise and high inflation.
     
  4. ElPigto

    ElPigto Member
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    I'm pretty sure McDonald's worker does likely not have the ability to analyze it like you did, however, I'm sure they can tell that $15 > $11 and they probably take it.
     
  5. Space Ghost

    Space Ghost Member

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    I think everyone should make $15 an hour regardless of trade. The government provides the rest; food, shelter, ect ..
     
  6. fchowd0311

    fchowd0311 Member

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    Exactly. If someone can't afford basic living amenities and have to worry about late rent payments after giving 40-50 hours of their lives per week for someone else's profit motive regardless of how menial the job is, the government absolutely should step in and cover the gaps. If the government then is spending too much money the rightful blame is in the people with the profit motive not paying enough.
     
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  7. tinman

    tinman 999999999
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    @ROXRAN
    @Salvy
    @Os Trigonum

    man so many d&d posters out of a job
     
  8. tinman

    tinman 999999999
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    @ROXRAN
    @Salvy
     
  9. Francis3422

    Francis3422 Member

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    I have about 80-90 employees. Our average wage is right around $14. They probably average $16 with tips.

    The thing about increasing the minimum to $15 is also the reverberation with your “non-minimum” people and the fact that any seismic shift like this in society, will have them wanting a similar adjustment. So it doesn’t really work.

    my observation about the current business climate is that you are already seeing natural pressures influence businesses to pay more for quality, and these natural pressures end up working out because they end up being geographically consistent with the needs of that area. No minimum is needed at all really IMO.

    college also largely seems like a joke for many fields. Too expensive Andy education is not acute or specialized. There is a lot of fluff, and it takes a while to get through.

    it seems like to me, some of the best jobs in the country right now, and in the immediate future can be obtained by apprenticeships or trade schools.
     
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  10. ROCKSS

    ROCKSS Member
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    apprenticeships or trade schools = some of the best paying jobs out there, whether you are a plumber or an electrician those guys and gals are making a hell of a living and often they transition their skill into owning their own business. Master Electricians can make up to $50-$60 an hour

    We used to think trade school were for kids who couldn't get into College.........boy were we dumb
     
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  11. Space Ghost

    Space Ghost Member

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    Right off the bat, trade schools often put a person 4 years ahead of a standard 4 year degree in the same field. If a competent kid goes straight into trade school, they can be promoted quickly, which as you state, fast track into sole proprietorship.
     
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  12. Sajan

    Sajan Member

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    yup! and these jobs are here to stay for a while.

    the money and stability is in these trade jobs. not glamorous but necessary part of a society.

    trade job + spanish speaker + business acumen = easiest recipe to start your own company.
     
  13. ElPigto

    ElPigto Member
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    My former boss and I use to joke about this and how big of idiots we were for getting an engineering degree and getting our professional license to practice in the state versus doing some trade job and making same amount of money for less stress (granted the work is hard).
     
  14. Francis3422

    Francis3422 Member

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    I’m telling all my kids get certs and become electricians or refrigeration tech.
     
  15. peleincubus

    peleincubus Member

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    How many Bebe’s kids you got??
     
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  16. pirc1

    pirc1 Member

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    $15 an hour is so yesterday, we will be needing $20 an hour in no time at all.
     
  17. Andre0087

    Andre0087 Member

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    Just peg the damn thing to inflation and be done with it.
     
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  18. juicystream

    juicystream Member

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    Worst thing about doing taxes as a CPA is seeing all the people making way more money than me.

    Honestly though, I'd have joined the air force if I had to do it over.
     
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  19. tinman

    tinman 999999999
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  20. Deckard

    Deckard Blade Runner
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