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re: OT- Let your state reps know how you feel
Posted on 12/9/20 at 2:41 pm to SneakyWaff1es
Posted on 12/9/20 at 2:41 pm to SneakyWaff1es
quote:
There are plenty of opportunities for anyone that wants to make a better living
But are these opportunities realistically within reach of most of these folk? If someone is born into a poor, uneducated family, and their school system is poor and broken, do we actually expect them to reach the same opportunities as someone born into better circumstances? I doubt most of these folks even know that the armed forces offer such good opportunities because nobody ever told them.
quote:
Instead...we cave in to their bitching.
That's a pretty elitist view. Just because someone is at the lowest rung on the societal totem poll doesn't mean they should suffer for it. Minimum wage has failed to even keep up with inflation over the past four decades. Would you rather they not work at all and sit on their arse?
Posted on 12/9/20 at 3:20 pm to chillmonster
quote:
Let's just put this to bed right now.
Minimum wage in San Francisco: 15.59
Cost of a Big Mac: 3.99
Cost of a Big Mac Meal delivered (Door Dash): 11.59
The cost of a Big Mac in San Francisco isn't $3.99. It is between $6 and $7.
A Big Mac combo meal in San Fran and Seattle is priced at around $10-$11.
According to the Big Mac Index the average Big Mac price in the US is $5.51.
Big Mac Index
So your wonderful analysis falls apart based on that.
This post was edited on 12/9/20 at 3:28 pm
Posted on 12/9/20 at 3:26 pm to frogtown
quote:
A Big Mac combo meal in San Fran and Seattle are priced at around $10-$11.
I've never been up that way, but that sounds reasonable.
I pay around $9 for a burger meal at Hardee's here in NC. And then I dispose of the garbage and tell no one.
Posted on 12/9/20 at 3:36 pm to chillmonster
quote:
Let's just put this to bed right now.
Yes let's put it to bed. The central planners in Wash DC have no business pushing a $15 minimum wage. This should be a state issue. A $15 minimum might work in high rent California or New York but it doesn't work in Arkansas or Kentucky. States should choose what their minimum wage should be.
This post was edited on 12/9/20 at 3:37 pm
Posted on 12/9/20 at 3:43 pm to frogtown
quote:
The cost of a Big Mac in San Francisco isn't $3.99. It is between $6 and $7.
A Big Mac combo meal in San Fran and Seattle is priced at around $10-$11.
According to the Big Mac Index the average Big Mac price in the US is $5.51.
Big Mac Index
So your wonderful analysis falls apart based on that.
He's running back to DU to get his rebuttal. He'll be back tonight.
Posted on 12/9/20 at 3:47 pm to frogtown
quote:
The cost of a Big Mac in San Francisco isn't $3.99. It is between $6 and $7.
A Big Mac combo meal in San Fran and Seattle is priced at around $10-$11.
According to the Big Mac Index the average Big Mac price in the US is $5.51.
I used this site with restaurant menus.
609 Market St. San Francisco, CA
And I used the Uber Eats online menus, which are correct.
But then I got curious and thought, 'Lemme really check'. So I called both Market Street and Potero Drive in San Francisco then Pleasant Hill Rd in Duluth.
Big Mac in San Francisco: $ 5.79
Big Mac in Atlanta: $ 4.99
You were right-ish - I guess.
Point still stands.
This post was edited on 12/9/20 at 3:55 pm
Posted on 12/9/20 at 3:55 pm to baconwaffle
quote:
Minimum wage has failed to even keep up with inflation over the past four decades
quote:
Would you rather they not work at all and sit on their arse?
This is the flaw in the logic.
There's this idea that people currently getting around ~$10/hr in assistance will magically get off their arse and work for an additional difference of ~$5 an hour ($10+$5). I assure you, they won't. I wouldn't either.
Posted on 12/9/20 at 3:57 pm to chillmonster
quote:
That might be the best part. There doesn't need to be a provision in the bill. Over 50% of SNAP beneficiaries work low wage jobs. Raising wages above poverty levels moves workers off means tested programs automatically.
This is the flaw in the logic.
There's this idea that people currently getting around ~$10/hr in assistance will magically get off their arse and work for an additional difference of ~$5 an hour ($10+$5). They won't. I assure you. I wouldn't either.
Posted on 12/9/20 at 3:59 pm to chillmonster
quote:
Let's just put this to bed right now.
Minimum wage in San Francisco: 15.59
Cost of a Big Mac: 3.99
Cost of a Big Mac Meal delivered (Door Dash): 11.59
Minimum Wage in Atlanta: 7.25 (Federal Wage)
Cost of a Big Mac: 3.99
Cost of a Big Mac Meal delivered (Door Dash): 9.49
Chances that those San Fran franchises are operating at a loss for no reason: ZERO
Annual Wage increase from $9/hr to 15/hr: $14,500
That's money spent on cars, movies, food, Christmas gifts, etc. It's also money not paid in WIC and other welfare programs, which all subsidize low wage employers. It's organic stimulus directly towards those most likely to spend, which even the most basic economic education tells you drives the economy (and with that the earnings of almost every business) much more than any tax cut or government spending program.
PLUS it lowers the deficit without raising taxes while organically cutting entitlements.
Here is what really will happen by raising the minimum wage to $15.
Final cost of your Big Mac Combo will rise(just like prices in San Francisco and Seattle rose). But we aren't in San Francisco we are here in Georgia. I, myself, will not pay $10 for a Big Mac meal in here in South Georgia. McDonalds sales suffer. With sales down lay offs must occur just for the business to stay afloat. So the person who you gloated would receive a $14,500 increase in wages would actually get nothing, zero, nada because they don't have a job. Then the jobless must apply for Government help like food stamps because they just lost their job. It is a vicious cycle.
Some areas might be able to cope with $15, but a lot of areas can not. It will cause job loss and loss of investment. Let the states decide based on the markets inside those states. The Federal push for a $15 minimum wage is stupid.
This post was edited on 12/9/20 at 4:13 pm
Posted on 12/9/20 at 4:04 pm to frogtown
quote:
A Big Mac combo meal in San Fran and Seattle is priced at around $10-$11.
Straws not included.
Posted on 12/9/20 at 4:13 pm to frogtown
quote:
Yes let's put it to bed. The central planners in Wash DC have no business pushing a $15 minimum wage. This should be a state issue. A $15 minimum might work in high rent California or New York but it doesn't work in Arkansas or Kentucky. States should choose what their minimum wage should be.
We weren't putting away some concept of what is right and wrong from a moral perspective. We were talking about whether a $15 minimum wage means a $17 burger, and it doesn't.
Also, if you're ok with a poorer society with more debt and less incentive to work because it's what should happen I can't really argue with that. That's one of the few times I'll be fine with agreeing to disagree.
Posted on 12/9/20 at 4:21 pm to chillmonster
quote:
We weren't putting away some concept of what is right and wrong from a moral perspective. We were talking about whether a $15 minimum wage means a $17 burger, and it doesn't.
Then why not make it a $16 minimum wage? And if $16 is good, why not $17, 18? Just make it $20.
If you believe it will pay for itself by bringing millions off assistance, if you believe it will pay for itself in stimulated economy (these wage earners put this money right back into the economy you said), then why not make it $20, or $25/hr?
Imagine how prosperous this country would be if the minimum wage was $100 an hour.
Posted on 12/9/20 at 4:27 pm to deeprig9
quote:
Then why not make it a $16 minimum wage? And if $16 is good, why not $17, 18? Just make it $20.
If you believe it will pay for itself by bringing millions off assistance, if you believe it will pay for itself in stimulated economy (these wage earners put this money right back into the economy you said), then why not make it $20, or $25/hr?
Imagine how prosperous this country would be if the minimum wage was $100 an hour.
Slippery slope is lazy, man. Why not make it $1 an hour? Why have speed limits? Why have any laws at all?
Because no wage floor was tried countless times and it leads to mass poverty, because speed limits save lives, because generally accepted rules along with enforcement are necessary for a healthy society.
There is a point where the minimum wage most benefits society. Right now ours is well below that point, and I believe the evidence supports that stance.
ETA:
It has been higher (adj for inflation or CPI) - much higher. And when it was the average person was much better off.
Do you think it's too high, too low, or just right where it is?
This post was edited on 12/9/20 at 4:31 pm
Posted on 12/9/20 at 5:06 pm to chillmonster
Wages in a market economy are determined by supply and demand for skilled labor. Yes, you can set an arbitrary minimum wage but it will have little effect on what an employer is willing to pay employees in order to make a profit unless the minimum wage is too high for reasonable profitability.
Perhaps the rich in California are willing to pay high prices for a hamburger but not here in Georgia where the cost of living is much lower. It's all relative and I would much rather buy a nice 4 bedroom 3 bath home for 250k in a non-lucrative area in Georgia compared to a million bucks for 2 bedroom 1 bath dinky home in San Francisco.
Fast food businesses here would either go out of business or automate eliminating those minimum wage jobs at 15 bucks an hour.
Perhaps the rich in California are willing to pay high prices for a hamburger but not here in Georgia where the cost of living is much lower. It's all relative and I would much rather buy a nice 4 bedroom 3 bath home for 250k in a non-lucrative area in Georgia compared to a million bucks for 2 bedroom 1 bath dinky home in San Francisco.
Fast food businesses here would either go out of business or automate eliminating those minimum wage jobs at 15 bucks an hour.
Posted on 12/9/20 at 5:24 pm to chillmonster
quote:
Do you think it's too high, too low, or just right where it is?
Depends on cost of living in that area. Some places too low, some places too high, some places just right.
It just reeks of a stepping stone or trigger to UBI. Just like O-Care was/is a stepping stone to "Medicare for All". It was all part of the plan.
'We tried the free market way, it failed [was designed to fail] so now we have no choice but for the gov to take over'
You know it. I know it.
Posted on 12/9/20 at 5:42 pm to GurleyGirl
quote:
Wages in a market economy are determined by supply and demand for skilled labor. Yes, you can set an arbitrary minimum wage but it will have little effect on what an employer is willing to pay employees in order to make a profit unless the minimum wage is too high for reasonable profitability.
I know that sounds logical, but it's factually not true. Employers pay based on the job market more than they do on the actual productivity an employee generates, and the market will almost always settle on a wage much lower than profits would dictate.
quote:
Perhaps the rich in California are willing to pay high prices for a hamburger but not here in Georgia where the cost of living is much lower.
We already have prices for a burger in San Fran vs Atlanta. The difference is less than $1. It tells you a lot of what you need to know about profitability and pay scale. Why do folks continue to make this argument when 3 phone calls has already thrown it out the window?
Further an increased wage floor increases all wages. It moves both supply and demand curves to the right rippling up through all industries. If you make $25/hr a higher minimum wage gives you a raise as well.
Posted on 12/9/20 at 5:53 pm to chillmonster
quote:
Why do folks continue to make this argument when 3 phone calls has already thrown it out the window?
Because your argument hasn't been made.
Surely you aren't suggesting that the cost of living in the state of Georgia as a whole is represented by Atlanta and is nowhere near comparable to California as a whole. Minimum wage is set by set by states and it will never be reasonable for Georgia to have the same minimum wage as California.
Posted on 12/9/20 at 5:58 pm to deeprig9
My friend owns a port container trucking company that guarantees drivers to be home at night and weekends and guarantees them $1200 week. He can't hire enough workers.Why won't the kid that's making $8 hr at McDonald's work for him?
Posted on 12/9/20 at 6:02 pm to rb
Hmmm, what benefits are offered? Do I need my own truck or drive his truck? Seriously...
Posted on 12/9/20 at 6:03 pm to GurleyGirl
quote:
Because your argument hasn't been made.
Surely you aren't suggesting that the cost of living in the state of Georgia as a whole is represented by Atlanta and is nowhere near comparable to California as a whole. Minimum wage is set by set by states and it will never be reasonable for Georgia to have the same minimum wage as California.
I'm saying the inflation people are expecting is overblown. The fact that people continue to make the burger argument makes me think it's one of those things that's been said so much that it's now just believed even though the data shows it's not true at all.
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