Minimum Wage Mandate in Biden’s Pandemic Relief Bill est. to Wipe Out 1.3 Mil Jobs

[TugOfPeace]

People that support this type of garbage are the same people that get upset because the CEO of a big company makes hundreds of millions of dollars. They're incapable of doing basic match.

"CUT THE WALMART CEO'S PAY TO $100,000/YEAR HE DOESN'T DESERVE $100 MILLION"

The walmart CEO made $22.11 million in 2019.

The number of walmart employees is 2.2 million.

If they cut the walmart CEO's pay to ZERO, each employee would get a bonus of $10.50. TOTALLY worth it right?

Lol @ those dumbfuks.

[Tyler2106]

These servers will celebrate their $15 an hour and then somehow blame Trump when their five shifts a week gets cut to two.

I would imagine that servers, and all others that receive tips, would not fall under the $15/hr requirement. They would receive a base rate + average tips that would equal that of $15/hr at a minimum.

[nin-com-poop]

Liberals masquerade as victims yet once they have power. If businesses don't take a stand and the average person doesn't take a stand America is going to become what past prominent civilizations ended up being and there will be no return.

[guest2021]

This is neither a conservative or liberal issue. The rich have gotten significantly more wealthy because unlike the average american they have money to invest large amounts of money when there is an economic downturn.

[ltsOgre]

If the minimum wage kept pace with productivity since the 1970's, it would be at $22/hour today.

[nin-com-poop]

If the minimum wage kept pace with productivity since the 1970's, it would be at $22/hour today.

Let me ask you if you’ve put money into cryptocurrency?

[ltsOgre]

People that support this type of garbage are the same people that get upset because the CEO of a big company makes hundreds of millions of dollars. They're incapable of doing basic match.

"CUT THE WALMART CEO'S PAY TO $100,000/YEAR HE DOESN'T DESERVE $100 MILLION"

The walmart CEO made $22.11 million in 2019.

The number of walmart employees is 2.2 million.

If they cut the walmart CEO's pay to ZERO, each employee would get a bonus of $10.50. TOTALLY worth it right?

Lol @ those dumbfuks.

The shareholders are the bigger issue here. If you divided up the Walton family's worth of 150 billion and gave it to every Wal-Mart employee, that would be a one-time payment of $75,000.

[ImBunky]

If the minimum wage kept pace with productivity since the 1970's, it would be at $22/hour today.

Are you saying that they make more Bic Macs per hour now then the did in the 70's? I doubt it.

[JoshSP1985]

In case it wasn't obvious Democrat goal is to destroy small business to the benefit of Mega corp.

Between the unnecessary lockdowns and this min wage hike they're poised to decimate tens of thousands of businesses across the country.

[pondus_levo]

If the minimum wage kept pace with productivity since the 1970's, it would be at $22/hour today.

That is a horrible analogy. Productivity has gone up because of the investment in technology. Jobs have gotten easier, not harder.

[tbonestake]

Are you saying that they make more Bic Macs per hour now then the did in the 70's? I doubt it.

Can’t be srs? Worker productivity has multiplied a huge amount since the 1970s.

[GooBaaa]

If this happens RIP america


Going to destroy businesses


So biden wants to raise payroll tax and have employers fork more money out for min wage workers just lmao


All these libtards going for this better enjoy your hours being cut and being let go, next they are gonna want UBI

[ltsOgre]

Are you saying that they make more Bic Macs per hour now then the did in the 70's? I doubt it.

No, but the value people are willing to pay for a Big Mac has increased. People wouldn't stop eating fast food if a burger cost increased by 30 cents. It's just that these giant fast food companies have a monopsony over the labor.

[gixxer0.6g]

1.4 M more people on the tit and the govt's bish
All as planned.

[skinnyntall]

Libs foaming from their mouths at $15/hr.

[ImBunky]

No, but the value people are willing to pay for a Big Mac has increased. People wouldn't stop eating fast food if a burger cost increased by 30 cents. It's just that these giant fast food companies have a monopsony over the labor.

Start your own fast food company and pay as much as you would like.

[Ironmanlet]

What the fuk are you talking about? Do you understand how a business even works? Go read my above comment you dumbass

You want to get paid more? Don’t fukn apply at a minimum wage job! You need more skills then playing video games on a computer sometimes to get paid more than minimum wage you fool

Bro, just breath man. Take a couple seconds to just hang out, not think about anything and breath.

Your jimmies are so jammed.

[Olympia2018]

Bro, just breath man. Take a couple seconds to just hang out, not think about anything and breath.

Your jimmies are so jammed.

Hey man instead of posting liberal bull**** and your feelings being hurt why don’t you answer the question I asked you? That’s right, because you’re fukn stupid

[Phil9]

Are you saying that they make more Bic Macs per hour now then the did in the 70's? I doubt it.

This is sarcasm right? Just basic technological advances have made many basic jobs easier today than they were 40-50 years ago, regardless of actual effort.

[ImBunky]

Can’t be srs? Worker productivity has multiplied a huge amount since the 1970s.

In fast food?

Where it has, see this.

That is a horrible analogy. Productivity has gone up because of the investment in technology. Jobs have gotten easier, not harder.

[ltsOgre]

Start your own fast food company and pay as much as you would like.

Small companies don't have the same economies of scale at McDonald's.

[ltsOgre]

This is sarcasm right? Just basic technological advances have made many basic jobs easier today than they were 40-50 years ago, regardless of actual effort.

Technological advances have also cut down on the number of "real" jobs which is why you see adults working at McDonald's full time these days. The cash savings went straight to the 1%.

[RIKTER]

A big issue here is the absolutely disgusting, and seemingly unimaginable cooperate greed. How much of a profit margin do you think McD’s would lose if they increased their workers wages to 15/hour, without making any other changes?

I do understand that this same concept does not apply to small businesses and mom/pop shops though. Is that where we are going to see the biggest loss of employment you think?

Instinctively, I feel this is more of a state/local issue as the economy varies pretty significantly across the US.

Pick One:

1) Voted for Biden who ran on a platform of increasing Wall St/Big Tech bottom lines by being able to bring in nearly unlimited cheaper labor to replace/not have to hire American workers...not to mention amnesty to completely pervert the natural law of supply and demand, further weakening American workers.

2) OMG the corporate greed is disgusting and unimaginable!!!!1!!1

[ltsOgre]

Most people wouldn't last 5 seconds working at McDonald's. The kitchen is greasy and smelly, you have impatient Karens and Kens demanding their chit. Probably the second hardest job behind working in a nursing home. Not a huge surprise that both jobs have worker shortages.

[BeginnerGainz]

Unemployment is up, what ever shall we do? I know, let’s make it harder to hire people!

-Biden

[bsmit107]

He's just reading whatever they put in front of him.

Have fun with your $15/hr mm when in less than a year the dollar loses a chit ton of its value and you're right back at the bottom....paying $6 for a gallon of gas and your 700 sqft apartment that was 600/month is now $1350 and the guy that was doing decently well with his college degree making $60k/year is now making $90k, because the gap between whatever skill he possesses and the minimum wage worker hasn't changed and neither has what the former demands in the market in comparison.

These idiots who want more for not doing any more just don't understand how the economy works.

[ltsOgre]

He's just reading whatever they put in front of him.

Have fun with your $15/hr mm when in less than a year the dollar loses a chit ton of its value and you're right back at the bottom....paying $6 for a gallon of gas and your 700 sqft apartment that was 600/month is now $1350 and the guy that was doing decently well with his college degree making $60k/year is now making $90k, because the gap between whatever skill he possesses and the minimum wage worker hasn't changed and neither has what the former demands in the market in comparison.

These idiots who want more for not doing any more just don't understand how the economy works.

Lmao $600/month apartment. Good one.

We have tried the neoliberal approach for the last 40 years. It doesn't work.

[bsmit107]

Lmao $600/month apartment. Good one.

We have tried the neoliberal approach for the last 40 years. It doesn't work.

No, you don't work and that's your problem.

It's a reference number and if you understand that cost of living varies depending on your location, you would have understood that. The scale being laid out still stands.

[ltsOgre]

No, you don't work and that's your problem.

It's a reference number and if you understand that cost of living varies depending on your location, you would have understood that. The scale being laid out still stands.

You are grossly overestimating cost of living increases due to a minimum age hike to the point it's not worth taking your argument seriously.

[Holyfenix]

Lol at democrats trying to help the full time workers. Only 2% of full time workers live below the poverty line. So we are helping 2.62 million workers at the cost over 1.5 million people losing their jobs... most of which will probably be full time.