Restaurant Workers Lose Their Jobs Over Newsom’s $20 Minimum Wage

Would you $3000 for you phone? $3000 for your TV? $50 for a pair of underwear? $25 for a McDonalds meal.

Or as Forbes put it

How much would an iPhone cost if Apple were forced to make it in America?

In the $30,000 to $100,000 range… and no this is not a typo.

https://www.forbes.com/sites/quora/...forced-to-make-it-in-america/?sh=2291aa322d2a

You seem to think there is just all this money that could be used to pay everyone $60K a year no matter what the value of the job is to the employer and it will not affect the prices you will be paying.

 

Why are cheaper third world wages a problem? People seem to be pretty happy to have access to low cost goods produced in the third world. Who benefits from an increased cost of production?

 

False it refers to both, the better employee you are based on work performance, reliability and skills.....the marketing power of your labor.

 

And the players run their own union.

People don't realize, and I learned being in two unions and then in management, unions are a BUSINESS. And that business is more concerned with the well being of the managers than the employees they are supposed to be representing. Even when I was in sales calling on manufacturing the difference between the unionized plants and the non-union was night and day. The non-union had much happier people working there and an overall more cooperation between management and the workers and more productive. That's why workers here in the South ran the unions out after losing all their jobs.

 

if wages doubles, would have too

did not see you complaining about the Trump tariff wars that are part of the reason for higher costs now

you seem to think paying 3rd world wages to Americans is a-ok

wages go up, have all my life, the min wage has not kept up in recent years

my grandparents made 50 cents an hour, times change

https://www.dol.gov/agencies/whd/minimum-wage/history/chart

 

What the heck is "wealth hoarding" and what would be the point of it? What's the standard of wealth? Is it a dollar amount? An asset value? A satisfaction index?

Do you include yourself in the category of wealth hoarding if you have more of this wealth than most people on the planet? Or are the only hoarders the people that have more wealth that you?

 

You do not subsidize a wage any where, you subsidize a persons' income. Why is it better to be paying more for the products you purchase and more FULL welfare benefits to MORE people who will no longer have a job?

Tell me if one person who works at a McDonald's flipping hamburgers and has 2 kids at home and a non-working spouse should they be paid enough to support them all? Should McD's be paying them this "living wage" you keep jammering about?

 

I did complain about that. This is the command economist's answer to your 3rd world wage problem.

What's the functional difference between a 3rd world wage and an American wage? Geographic? Is the actual value of the labor somehow different?

 

I could tell you horror stories about a particular union president of the seven locations where I had techs. It was/is so bad that they hired me from the outside because no insiders who knew how bad it was would take the job.

 

Tariffs were intended to protect American jobs.

 

Would have to what, pay $3000 for your next phone? Or just keep the one you have an not buy it?
Pay $50 for your next pair of underware or mend the ones you have?
How many times a month will you go to McD's or place of your choice and spend $25 for a simple hamburger and frys?

Did your grandparents only make minimum wage all their lives? Have you only made minimum wage your entire life?

 

They decide that employees worth as a citizen of the United States.

You cant claim the United States the “greatest country in the world”, if it’s only great for a few. We would literally be a third world country if nobody was paid a living wage.

I don’t understand how you can claim the worker has only a value to the employer, and not a value to society.

 

Greed is a problem. Some rich people are short-sided and only have their immediate self-interest at heart to the detriment of the economy, their long-term business interests, and society as a whole.

 

[/quote]

But you all keep glossing over the fact that:

1. Somebody has to do these jobs
2. there aren’t an equal amount of “skilled jobs” to the number of people who need those jobs.

So give me an honest answer:
Why should the govenrment subsidize ANY Job for an employer ?

 

OK, now look at it from your position like this:

Why should you subsidize and employer who makes hundreds of thousands every year ?

 

So basically your saying you surrender….ok

 

Wealth creation is always good. Wealth kept in bank accounts is used by banks to loan to businesses looking to expand or start up. This creates more wealth and income to those who supply their human capital for wages. Wealth creation is always an economic benefit to society as a whole.

 

Im gunna let your think about that for a minute, and then maybe you will realize that the value of the product is its VALUE to the costumer, which is why the manufacturer doesnt just “keep it”. That transaction is the value to the employer….

 

In other words, you want the many to socialize the costs of business with low wages.
The U.S. has the highest level of economic inequality among developed countries. The income share of the top 0.1 percent has more than quadrupled, while that of the bottom 90 percent has declined. Wages for those with a high school education or less have remained stagnant for decades. That is nothing short of wage theft by employers.

 

I don't think that's the claim. The claim is that the value of the labor is determined by the scarcity of that labor, and the demand for the product of that labor. Is there something about an American that imbues more value to their labor then that of some other laborer that produces exactly the same good?

Society determines the value of the labor by buying the good or not buying the good the labor produced. Government has very little ability to impose itself on that relationship in any positive way.

 

No, its based on the skill you have…..

 

But you all keep glossing over the fact that:

1. Somebody has to do these jobs
2. there aren’t an equal amount of “skilled jobs” to the number of people who need those jobs.

So give me an honest answer:
Why should the govenrment subsidize ANY Job for an employer ?[/QUOTE]

They shouldn’t. Government subsidies are free market manipulation. That reduces optimum economic growth by adversely affecting the allocation of resources.

 

So if the government is deciding what people are worth as citizens, then shouldn't every citizen, employed or not, receive a minimum income?

 

NO. For every dollar an employer doesnt pay in the realm of survivability to those who receive it, must be mad up by society.

You guys fascinate me more every day. You claim America the Greatest Country in the world, yet you seem to forget WHY that moniker is placed on it and its citizens. Because we are great for EVERYONE, and we give EVERYONE an opportunity. But in rightwinglandia, it should only be great for those who can afford it, or for the ownership class.

 

Which include your performance skills, you reliability skills, your interpersonal skills, your organizational skills and on and on and on.

It is about YOUR marketable workplace skills and YOU improving them to make YOUR labor more valuable.

What is so hard here?

Did you only make minimum wage your entire life?