Minimum wage increase would eliminate 500,000 jobs

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Minimum wage increase would eliminate 500,000 jobs

Post by YoUDeeMan »

Gosh, if only the government could FORCE employers to hire more people while forcing them to be paid more money. :lol:


WASHINGTON (AP) — A report by Congress' nonpartisan budget analysts seems to have thrown Democrats onto the defensive after it concluded that the party's drive to boost the federal minimum wage could cost a half-million jobs by 2016.

http://entertainment.verizon.com/news/r ... s_on_de-ap" onclick="window.open(this.href);return false;



Now, about those farm workers... :coffee:
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Re: Minimum wage increase would eliminate 500,000 jobs

Post by kalm »

Cluck U wrote:Gosh, if only the government could FORCE employers to hire more people while forcing them to be paid more money. :lol:


WASHINGTON (AP) — A report by Congress' nonpartisan budget analysts seems to have thrown Democrats onto the defensive after it concluded that the party's drive to boost the federal minimum wage could cost a half-million jobs by 2016.

http://entertainment.verizon.com/news/r ... s_on_de-ap" onclick="window.open(this.href);return false;



Now, about those farm workers... :coffee:
So we could loose anywhere between 0 and 1 million jobs?:lol:

Min wage increases historically don't increase unemployment. Perhaps they would this time round.

We got hit with a double whammy last year as the federal payroll tax cuts expired and the state raised the minimum wage. I still hired more workers because...wait for it....demand increased. :mrgreen:

What I don't like about min wage increases is that it prevents me from giving raises to higher wage earners.
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Re: Minimum wage increase would eliminate 500,000 jobs

Post by YoUDeeMan »

kalm wrote:
Cluck U wrote:Gosh, if only the government could FORCE employers to hire more people while forcing them to be paid more money. :lol:


WASHINGTON (AP) — A report by Congress' nonpartisan budget analysts seems to have thrown Democrats onto the defensive after it concluded that the party's drive to boost the federal minimum wage could cost a half-million jobs by 2016.

http://entertainment.verizon.com/news/r ... s_on_de-ap" onclick="window.open(this.href);return false;



Now, about those farm workers... :coffee:
So we could loose anywhere between 0 and 1 million jobs?:lol:

Min wage increases historically don't increase unemployment. Perhaps they would this time round.

We got hit with a double whammy last year as the federal payroll tax cuts expired and the state raised the minimum wage. I still hired more workers because...wait for it....demand increased. :mrgreen:

What I don't like about min wage increases is that it prevents me from giving raises to higher wage earners.
Stop focusing on the 30 or whatever %...there are others out there that need Equalification (I'm trademarking that term). Obama would say that your higher wage earners didn't make that money by themselves. Somewhere along the way, a minimum wage earner helped them. Payback time. :nod:
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Re: Minimum wage increase would eliminate 500,000 jobs

Post by 89Hen »

kalm wrote:So we could loose anywhere between 0 and 1 million jobs?:lol:
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Re: Minimum wage increase would eliminate 500,000 jobs

Post by CID1990 »

Untrue.

The White House says so.
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Re: Minimum wage increase would eliminate 500,000 jobs

Post by houndawg »

Cluck U wrote:Gosh, if only the government could FORCE employers to hire more people while forcing them to be paid more money. :lol:


WASHINGTON (AP) — A report by Congress' nonpartisan budget analysts seems to have thrown Democrats onto the defensive after it concluded that the party's drive to boost the federal minimum wage could cost a half-million jobs by 2016.

http://entertainment.verizon.com/news/r ... s_on_de-ap" onclick="window.open(this.href);return false;



Now, about those farm workers... :coffee:
The same report says a minimum wage of $10.10 would lift 900,000 people out of poverty. :coffee:
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Re: Minimum wage increase would eliminate 500,000 jobs

Post by BDKJMU »

kalm wrote:
Cluck U wrote:Gosh, if only the government could FORCE employers to hire more people while forcing them to be paid more money. :lol:


WASHINGTON (AP) — A report by Congress' nonpartisan budget analysts seems to have thrown Democrats onto the defensive after it concluded that the party's drive to boost the federal minimum wage could cost a half-million jobs by 2016.

http://entertainment.verizon.com/news/r ... s_on_de-ap" onclick="window.open(this.href);return false;



Now, about those farm workers... :coffee:
So we could loose anywhere between 0 and 1 million jobs?:lol:

Min wage increases historically don't increase unemployment. Perhaps they would this time round.

We got hit with a double whammy last year as the federal payroll tax cuts expired and the state raised the minimum wage. I still hired more workers because...wait for it....demand increased. :mrgreen:

What I don't like about min wage increases is that it prevents me from giving raises to higher wage earners.
For businesses/services that emply minimum wage workers, most employers aren't simply going to eat it. It will either lead to:
-higher unemployment. If not layoffs then less new hires in the future than there would have been.
-or higher prices at businesses/services than there otherwise would have been.

or a combination of both. Neither of those is a good thing. And you know very well that for every dollar increase in wages it costs employers a lot more than a dollar once you add on all the payroll taxes, workman's com, unemployment, etc., etc, etc..
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Re: Minimum wage increase would eliminate 500,000 jobs

Post by GannonFan »

Everybody is right and everyone is wrong. In short term windows, raising the minimum wage does help some and it does hurt others - there will be people with higher wages and there will be layoffs. But in the end, in a longer term window (and a relatively short one at that) the economy adjusts, inflation ticks up slightly, and the purchasing power of those still with jobs who got the increase decreases back to essentially what it was before the blip. And those who lost their jobs because of the blip soon find employment again. So at the end of all of this posturing and bickering, we're right back where we were when we started. So in essense, this is all just political drama that doesn't really help or hurt anyone except those who like the drama. Super. :ohno:
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Re: Minimum wage increase would eliminate 500,000 jobs

Post by Chizzang »

BDKJMU wrote:
For businesses/services that emply minimum wage workers, most employers aren't simply going to eat it. It will either lead to:
-higher unemployment. If not layoffs then less new hires in the future than there would have been.
-or higher prices at businesses/services than there otherwise would have been.

or a combination of both. Neither of those is a good thing. And you know very well that for every dollar increase in wages it costs employers a lot more than a dollar once you add on all the payroll taxes, workman's com, unemployment, etc., etc, etc..
Washington State has the highest Minimum wage in the U.S. at $9.19 (going up to $11.20 I hear) and this has had zero negative effects on hiring... or at least none that seem to be discoverable

:geek:
I'm told McDonalds in Seattle pays $11.00 already (just to keep the place up and running) otherwise employees walk... Sears in Bellevue has had a "Hiring Now" sign in the window for 6 months because they won't pay over $10.00 so they're constantly hiring (because employees walk across the street)

Starbucks starts at $15.00 in Seattle city and Ballard Redmond and Bellevue

Fred Meyer (a regional Department store 135 stores in the NW) was advertising new hires at $15.50 and guaranteed 30 hours
Last edited by Chizzang on Wed Feb 19, 2014 2:49 pm, edited 1 time in total.
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Re: Minimum wage increase would eliminate 500,000 jobs

Post by BDKJMU »

Chizzang wrote:
BDKJMU wrote:
For businesses/services that emply minimum wage workers, most employers aren't simply going to eat it. It will either lead to:
-higher unemployment. If not layoffs then less new hires in the future than there would have been.
-or higher prices at businesses/services than there otherwise would have been.

or a combination of both. Neither of those is a good thing. And you know very well that for every dollar increase in wages it costs employers a lot more than a dollar once you add on all the payroll taxes, workman's com, unemployment, etc., etc, etc..
Washington State has the highest Minimum wage in the U.S. at $9.19 (going up to $11.20 I hear) and this has had zero negative effects on hiring... or at least none that seem to be discoverable

:geek:
I'm told McDonalds in Seattle pays $11.00 already (just to keep the place up and running) otherwise employees walk...

Starbucks starts at $15.00 in Seattle city and Ballard Redmond and Bellevue
Do goods and services produced in WA at $9.19 an hr cost the same as goods and services produced in states with the fed $7.25 an hr minimum wage?

Can I get a value meal at McDonalds in Seattle for under $6, including tax?

Does a 15-17 year old in a rural part of central or eastern Washington, living at home with mommy and daddy, working a zero skill job, need $11.20 an hr? Or heck, $9.19 an hr for that matter?

Again, its going to either mean higher unemployment/less hiring, or higher prices.
Last edited by BDKJMU on Wed Feb 19, 2014 2:54 pm, edited 1 time in total.
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Re: Minimum wage increase would eliminate 500,000 jobs

Post by Chizzang »

BDKJMU wrote:
Chizzang wrote:
Washington State has the highest Minimum wage in the U.S. at $9.19 (going up to $11.20 I hear) and this has had zero negative effects on hiring... or at least none that seem to be discoverable

:geek:
I'm told McDonalds in Seattle pays $11.00 already (just to keep the place up and running) otherwise employees walk...

Starbucks starts at $15.00 in Seattle city and Ballard Redmond and Bellevue
Do goods and services produced in WA at $9.19 an hr cost the same as goods and services produced in states with the fed $7.25 an hr minimum wage?

Can I get a value meal at McDonalds in Seattle for under $6, including tax?

Again, its going to either mean higher unemployment/less hiring, or higher prices.

McDonalds and Fast food joints sell their food and the same price in Seattle as they do in North Dakota
and so does Sears and Starbucks

Houses cost more (for sure) but nobody on minimum wage is in the housing market)
Food costs in King County are the same as food costs anywhere / in some cases lower

Note:
I understand businesses with fewer than 10 employees
are exempt from the state wage and default to the federal wage
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Re: Minimum wage increase would eliminate 500,000 jobs

Post by BDKJMU »

Chizzang wrote:
BDKJMU wrote:
Do goods and services produced in WA at $9.19 an hr cost the same as goods and services produced in states with the fed $7.25 an hr minimum wage?

Can I get a value meal at McDonalds in Seattle for under $6, including tax?

Again, its going to either mean higher unemployment/less hiring, or higher prices.

McDonalds and Fast food joints sell their food and the same price in Seattle as they do in North Dakota
and so does Sears and Starbucks

Houses cost more (for sure) but nobody on minimum wage is in the housing market)
Food costs in King County are the same as food costs anywhere / in some cases lower
If you're talking about anywhere near the oil boom, then yeah. And I noticed you picked ND, the state with the lowest unemployment.

But otherwise, no way. I've been to large, expensive, high tax cities like NYC, Boston, Seattle, San Fran, etc) and been in rural areas in most states all over the country (been to all 50 states) and the fast food in those high cost big cities is almost always more than in the rural areas.
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Re: Minimum wage increase would eliminate 500,000 jobs

Post by Chizzang »

BDKJMU wrote:
Chizzang wrote:

McDonalds and Fast food joints sell their food and the same price in Seattle as they do in North Dakota
and so does Sears and Starbucks

Houses cost more (for sure) but nobody on minimum wage is in the housing market)
Food costs in King County are the same as food costs anywhere / in some cases lower
If you're talking about anywhere near the oil boom, then yeah. And I noticed you picked ND, the state with the lowest unemployment.

But otherwise, no way. I've been to large, expensive, high tax cities like NYC, Boston, Seattle, San Fran, etc) and been in rural areas in most states all over the country (been to all 50 states) and the fast food in those high cost big cities is almost always more than in the rural areas.

Yeah I travel as well for my job...
Seattle is far less expensive than NYC or Boston or San Fran as far as everyday crap
(again housing is a different story)
but regular food prices and cost of living (excluding houses) is fairly moderate in King County

I'll do some research and find out more
but if you think King Counties high minimum wage is causing runaway pricing or job losses
You're not going to find that data

Everybody is hiring for sh!t jobs in King County
Like I said: Sears / McDonalds / Starbucks / Fred Meyer Department Store / Wal-Mart

They're all hiring pretty much all the time
Last edited by Chizzang on Wed Feb 19, 2014 3:44 pm, edited 1 time in total.
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Re: Minimum wage increase would eliminate 500,000 jobs

Post by houndawg »

BDKJMU wrote:
Chizzang wrote:

McDonalds and Fast food joints sell their food and the same price in Seattle as they do in North Dakota
and so does Sears and Starbucks

Houses cost more (for sure) but nobody on minimum wage is in the housing market)
Food costs in King County are the same as food costs anywhere / in some cases lower
If you're talking about anywhere near the oil boom, then yeah. And I noticed you picked ND, the state with the lowest unemployment.

But otherwise, no way. I've been to large, expensive, high tax cities like NYC, Boston, Seattle, San Fran, etc) and been in rural areas in most states all over the country (been to all 50 states) and the fast food in those high cost big cities is almost always more than in the rural areas.

Yeah it cost more to live in the city. Fast food, rent, gas, utilities..... :coffee:

Minimum wage in New Zealand is the equivalent of $11.00/hr here. They have about 6% unemployment. I didn't eat any fast food but the places appear spotless, like the cafes I did eat at. I don't think that you realize how much better of an employee a liveable minimum wage draws.
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Re: Minimum wage increase would eliminate 500,000 jobs

Post by Chizzang »

houndawg wrote:
Yeah it cost more to live in the city. Fast food, rent, gas, utilities..... :coffee:

Minimum wage in New Zealand is the equivalent of $11.00/hr here. They have about 6% unemployment. I didn't eat any fast food but the places appear spotless, like the cafes I did eat at. I don't think that you realize how much better of an employee a liveable minimum wage draws.
It's an interesting situation here in King County (Metro Seattle)
Places like Sears will not pay more than $10.00 and hour
and so they are constantly (always) hiring because they can't keep anybody

Where as Starbucks and a few others have figured out (ingeniously)
That if they pay over $12 they keep the quality people (or at least better workers)

One Department store was offering $15.00 an hour and 30 hours guaranteed
That's making it hard on the low-baller companies like Sears to keep people
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Re: Minimum wage increase would eliminate 500,000 jobs

Post by CID1990 »

Look at all you fags

Spilling ink

For what?
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Re: Minimum wage increase would eliminate 500,000 jobs

Post by Cap'n Cat »

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Re: Minimum wage increase would eliminate 500,000 jobs

Post by houndawg »

CID1990 wrote:Look at all you fags

Spilling ink

For what?
Drunk haiku.
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Re: Minimum wage increase would eliminate 500,000 jobs

Post by Chizzang »

CID1990 wrote:Look at all you fags

Spilling ink

For what?


For what:
The pleasure of honest discussion..?

Actually I find the lower tier of society pretty damn fascinating
Not so much in the Frantz Fanon kind of way
As the Edward Said shifting tides of humanity kind of way

:mrgreen:
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Re: Minimum wage increase would eliminate 500,000 jobs

Post by YoUDeeMan »

Chizzang wrote:
houndawg wrote:
Yeah it cost more to live in the city. Fast food, rent, gas, utilities..... :coffee:

Minimum wage in New Zealand is the equivalent of $11.00/hr here. They have about 6% unemployment. I didn't eat any fast food but the places appear spotless, like the cafes I did eat at. I don't think that you realize how much better of an employee a liveable minimum wage draws.
It's an interesting situation here in King County (Metro Seattle)
Places like Sears will not pay more than $10.00 and hour
and so they are constantly (always) hiring because they can't keep anybody

Where as Starbucks and a few others have figured out (ingeniously)
That if they pay over $12 they keep the quality people (or at least better workers)

One Department store was offering $15.00 an hour and 30 hours guaranteed
That's making it hard on the low-baller companies like Sears to keep people
You're beating yourself with your own pompous version of logic.

If Sears starts offering $20/hour, then those Starbucks/department store workers will walk across the street and say goodbye to Starbucks/department store. In the never ending battle for the highest lowest wage, your prices will go up.

It really isn't rocket science, folks.

And yes, fast food in higher wage places does cost more. Someone sued McDonalds (or Burger King, I forget) many years ago when they were advertising their prices on TV. But many franchise owners, specifically those in higher end labor/rent markets such as New York City, Atlantic City, etc. could not afford to sell the burgers at the advertised prices. In the end, a settlement was reached and that's why all of those commercials include the disclaimer, in extremely fine print, "participating" restaurants only.

You are now a more informed consumer and poster. :nod: :thumb:

You're welcome.
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Re: Minimum wage increase would eliminate 500,000 jobs

Post by YoUDeeMan »

houndawg wrote:
Yeah it cost more to live in the city. Fast food, rent, gas, utilities..... :coffee:

Minimum wage in New Zealand is the equivalent of $11.00/hr here. They have about 6% unemployment. I didn't eat any fast food but the places appear spotless, like the cafes I did eat at. I don't think that you realize how much better of an employee a liveable minimum wage draws.
:lol: :dunce:

I don't think you realize how employment/unemployment works.
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Re: Minimum wage increase would eliminate 500,000 jobs

Post by houndawg »

Cluck U wrote:
Chizzang wrote:
It's an interesting situation here in King County (Metro Seattle)
Places like Sears will not pay more than $10.00 and hour
and so they are constantly (always) hiring because they can't keep anybody

Where as Starbucks and a few others have figured out (ingeniously)
That if they pay over $12 they keep the quality people (or at least better workers)

One Department store was offering $15.00 an hour and 30 hours guaranteed
That's making it hard on the low-baller companies like Sears to keep people
You're beating yourself with your own pompous version of logic.

If Sears starts offering $20/hour, then those Starbucks/department store workers will walk across the street and say goodbye to Starbucks/department store. In the never ending battle for the highest lowest wage, your prices will go up.

It really isn't rocket science, folks.

And yes, fast food in higher wage places does cost more. Someone sued McDonalds (or Burger King, I forget) many years ago when they were advertising their prices on TV. But many franchise owners, specifically those in higher end labor/rent markets such as New York City, Atlantic City, etc. could not afford to sell the burgers at the advertised prices. In the end, a settlement was reached and that's why all of those commercials include the disclaimer, in extremely fine print, "participating" restaurants only.

You are now a more informed consumer and poster. :nod: :thumb:

You're welcome.
That will be a temporary effect, Cuck.

If Sears starts offering $20/hr there will be very little turnover at Sears. :coffee:
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Re: Minimum wage increase would eliminate 500,000 jobs

Post by houndawg »

houndawg wrote:
Cluck U wrote:
You're beating yourself with your own pompous version of logic.

If Sears starts offering $20/hour, then those Starbucks/department store workers will walk across the street and say goodbye to Starbucks/department store. In the never ending battle for the highest lowest wage, your prices will go up.

It really isn't rocket science, folks.

And yes, fast food in higher wage places does cost more. Someone sued McDonalds (or Burger King, I forget) many years ago when they were advertising their prices on TV. But many franchise owners, specifically those in higher end labor/rent markets such as New York City, Atlantic City, etc. could not afford to sell the burgers at the advertised prices. In the end, a settlement was reached and that's why all of those commercials include the disclaimer, in extremely fine print, "participating" restaurants only.

You are now a more informed consumer and poster. :nod: :thumb:

You're welcome.
That will be a temporary effect, Cuck.

If Sears starts offering $20/hr there will be very little turnover at Sears.

It really isn't rocket science. :coffee:
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Re: Minimum wage increase would eliminate 500,000 jobs

Post by YoUDeeMan »

houndawg wrote:
Cluck U wrote:
You're beating yourself with your own pompous version of logic.

If Sears starts offering $20/hour, then those Starbucks/department store workers will walk across the street and say goodbye to Starbucks/department store. In the never ending battle for the highest lowest wage, your prices will go up.

It really isn't rocket science, folks.

And yes, fast food in higher wage places does cost more. Someone sued McDonalds (or Burger King, I forget) many years ago when they were advertising their prices on TV. But many franchise owners, specifically those in higher end labor/rent markets such as New York City, Atlantic City, etc. could not afford to sell the burgers at the advertised prices. In the end, a settlement was reached and that's why all of those commercials include the disclaimer, in extremely fine print, "participating" restaurants only.

You are now a more informed consumer and poster. :nod: :thumb:

You're welcome.
That will be a temporary effect, Cuck.

If Sears starts offering $20/hr there will be very little turnover at Sears. :coffee:
You should probably learn to read before you respond to the adults in the room. :dunce:
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Re: Minimum wage increase would eliminate 500,000 jobs

Post by bluehenbillk »

So to save everyone the time of reading a BS link, here's what you need to know:

Raising the minimum wage would force employers all over the country to realize they currently overpay non-essential employees that will be out of a job if they have to pay a higher wage at the bottom of the scale.

Carry on. :coffee: :coffee:
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