Leaving for Las Vegas: California's minimum wage law leaves businesses no choice

[ControlWarrior]

Appreciate the chuckle.

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It won't if said business is actually producing success rather than being propped up by stagnant wages.

Again, I'm not asking for the stars and the sky. Just a little economic reality here folks.

[Zython]

Better workers unions might have been better.

In Sweden there is no minimum wage law, but since almost all workers are unionized the unions have considerable bargaining power. The lowest wages around here are still considerably higher than in the US, so it's really unfortunate that workers unions in the US seem to have so many issues.

Better (or in a lot of industries, any) labor unions would be great. But a huge problem is that the labor market is soft enough to cause unions to lack the necessary leverage needed to operate.

[Wolfheart9]

Can you economic geniuses at least acknowledge that increased labor costs negatively affect a business's bottom line?

It's not always the case, and usually rarely is. Increased minimum wage does increase labor costs, but also means near everyone in that area will have a bit extra money now, meaning they're more likely to spend.If you don't have a product or service people are willing to spend on, then you need to get something that will.

[Dextroden]

Any business owner that cannot raise prices slightly in order to absorb that small increase is not fit for business. You want capitalism, but suddenly throw a fit when capitalism puts a small business out in effort to pay workers decent wages.

It's statements like this that make me wonder why Obama bailing out the banks was a good thing.

[oxymoronic]

Can you economic geniuses at least acknowledge that increased labor costs negatively affect a business's bottom line?

endus is the last person you would want running a business. he would pay his workers as much as himself and the one year things dont go as planned, gg everybody loses.

[Zython]

Any business owner that cannot raise prices slightly in order to absorb that small increase is not fit for business. You want capitalism, but suddenly throw a fit when capitalism puts a small business out in effort to pay workers decent wages.

Exactly. If you can't afford to pay your workers a living wage, you shouldn't be in business to begin with.

[ControlWarrior]

It's not always the case, and usually rarely is. Increased minimum wage does increase labor costs, but also means near everyone in that area will have a bit extra money now, meaning they're more likely to spend.If you don't have a product or service people are willing to spend on, then you need to get something that will.

Yes, but it does negatively affect a business's expenditures, initially. Anything that comes afterwards is in reaction to said costs.

[oxymoronic]

Better (or in a lot of industries, any) labor unions would be great. But a huge problem is that the labor market is soft enough to cause unions to lack the necessary leverage needed to operate.

very few americans want to see more unions

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Exactly. If you can't afford to pay your workers a living wage, you shouldn't be in business to begin with.

it must be nice going thru life without a clue. sadly i raised myself from a young age and never got that chance to be ignorant.

[Zython]

It's statements like this that make me wonder why Obama bailing out the banks was a good thing.

In the short run, yes.
In the long run, probably not.
A better way to have done it would have been to bail out the banks by means of bailing out the borrowers, rather than the lenders. But apparently, that's "socialism" or whatever.

[Daelak]

very few americans want to see more unions

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it must be nice going thru life without a clue. sadly i raised myself from a young age and never got that chance to be ignorant.

http://www.gallup.com/poll/184622/am...s-recover.aspx

You're full of shit. Again.

[Torgent]

very few americans want to see more unions

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it must be nice going thru life without a clue. sadly i raised myself from a young age and never got that chance to be ignorant.

Holy lack of self-awareness batman

[oxymoronic]

http://www.gallup.com/poll/184622/am...s-recover.aspx

You're full of shit. Again.

lmao you going to believe polls? you mean the same ones that said hillary was going to crush trump

here from your own source

Nearly six in 10 now approve of unions, up from 48% in 2009

so yeah 60% of the respondents somehow equal the USA? please stop, just stop

[Wolfheart9]

Yes, but it does negatively affect a business's expenditures, initially. Anything that comes afterwards is in reaction to said costs.

Buying a new table also affects a business's expenditures initially. Everything effects a businesses expenditures initially. Since you're sort of ignoring every single possible thing that can (and most likely will) off set the wage increase, I will give you what you want. Yes, having to raise your workers wages will take a chunk out of your pocket book until other things offset it. Now you can take that one small isolated nugget and bang pans together on how raising wages is bad.

[Zython]

very few americans want to see more unions

Yeah, a lot of people in this country oppose shit that's been proven to work, rather than giving rich people free money for the nth time.

it must be nice going thru life without a clue. sadly i raised myself from a young age and never got that chance to be ignorant.

So paying people enough money so they only need one job to pay for food and shelter is unrealistic? Because we used to be able to do that quite easily.

[oxymoronic]

Holy lack of self-awareness batman

https://www.merriam-webster.com/dict...80%93awareness

self-awareness; an awareness of one's own personality or individuality

learn words before you use them

[Wyrt]

Can you economic geniuses at least acknowledge that increased labor costs negatively affect a business's bottom line?

The alternative to minimum wage is stronger unions, but conservatives are against that as well.

[Torgent]

lmao you going to believe polls? you mean the same ones that said hillary was going to crush trump

here from your own source

Nearly six in 10 now approve of unions, up from 48% in 2009

so yeah 60% of the respondents somehow equal the USA? please stop, just stop

Meanwhile you (like always) post shit without supporting evidence and just insult other people's evidence. It must be nice going through life without a clue. Sadly I had parents and mentors that taught me to be intelligent and never got the chance to be ignorant.

[oxymoronic]

Yeah, a lot of people in this country oppose shit that's been proven to work, rather than giving rich people free money for the nth time.



So paying people enough money so they only need one job to pay for food and shelter is unrealistic? Because we used to be able to do that quite easily.

people on min wage have to live with others. they cant have their own 1br apartment or 4br house. its thats fucking simple.

[Torgent]

https://www.merriam-webster.com/dict...80%93awareness

self-awareness; an awareness of one's own personality or individuality

learn words before you use them

I used it correctly, bud. Maybe reading comprehension isn't your strong suit either.

[Wolfheart9]

very few americans want to see more unions

so yeah 60% of the respondents somehow equal the USA? please stop, just stop

Wat

people on min wage have to live with others. they cant have their own 1br apartment or 4br house. its thats fucking simple.

Which is a bad thing.