After increasing wage to $15 an hour, Klavon’s says all positions are filled, morale is up,

I think it's fantastic that you answer their nonsense trolling with facts from the article they clearly didn't bother reading... Not really a fair fight, is it?

Great story... put a smile on my face..... you'd think the party of business (sarcasm alert /s/s/s) would support a small business doing good business

 

if EMT's are making min wage, sure, maybe they should

 

So you are claiming people are willing to work if you pay them?

Don't let that get around.

 

I do at Fresh Market and occasionally Publix (bulk from Costco). I just haven’t noticed a 20% increase, what store do you use? I would recommend changing.

 

Yes, and 100% of that money goes directly back into the economy. It doesn't get invested in foreign manufacturing.

Something struck me as funny in thinking about spending. If you buy a shirt on Amazon, a good percentage of that money goes to China. But if you buy weed, all of the money goes to the local economy, LOL!

 

LOL, I guess that pesky Federal Unemployment (still active in Pennsylvania, BTW) didn't prevent 1000 people from applying to work at a flipping Ice Cream store...

 

LOL, yeah, I was going to give that guy some shopping tips, but he's not much of a listener.....

We do @ 4 stores (Harris Teeter, Walmart, Costco and something new in our area called LIDL) with separate lists for each, depending on weekly sales and such. Haven't seen any noticeable difference in our food spending since COVID started... A few things might have gone up a bit, but then you look around and find them elsewhere, find something similar, or move on....

Most "conservatives" still live in the 50's, where apples were 15 cents/lb and a gallon of milk was 75 cents

 

20% is still unprecedented in such a short time but hey, at least no mean tweets.

 

I advise you to find another store. I am not experiencing what you claim.

 

One ice cream store in Pittsburgh is not the bellweather for the entire US economy.

 

So an ice cream parlor is the entire economy? LOL!

 

20% would be unprecedented, thankfully it isn’t happening

And no stupid tweets to boot, much better!

 

Oh yes let’s take this one short term anecdote and snapshot of a single area and claim victory lmao.

oh lefties, don’t change lol.

let’s pretend there is zero consequence for doubling the minimum wage at all but happier lives lmao.

smh.

 

Wow, 15 whole jobs... yea that's what I call a sensible benchmark for a national economy. /eyeroll

 

No they're not. The AWI for 2020 isn't fully calculated yet but the estimates are we saw about a 0.8-1% loss from 2019. Early projections for 2021 allow for a further 0.2-0.5% loss on top of that which. But those will be inconsequential variations, the real killer is the inflation that is about to crush the US dollar. It has been building for months now and people who are in the know (and in the money /wink) have been preparing.

 

We filled 8 seasonal positions within two weeks (5 return from 2020) while our competitors are complaining they cannot find anyone. The difference that we can see is our pay is about 18% higher and benefits start accruing immediately. We have some laborer positions that we cannot fill however so we just are not taking those smaller jobs.

 

Being able to staff positions more quickly when compensation is higher than the competition isn't what I'm disputing, the OP's premise that 15 jobs is a benchmark for the entire country's workforce is.

Its a proven concept that if the circulating supply of monies increases while the goods they are indebted to remains the same then moderate inflation is very likely to occur. Then expanding on that; when the supply of monies continues to increase the supply of goods is likely to decrease because the output of said goods is negatively impacted by resulting increased costs transitioning a moderate inflationary period into an extreme one. We call this phenomena cost-push inflation and there are a lot of factors to it, a lot of dominoes to fall, but in this model it always starts with costs being pushed up in this case from operational overhead ie wages.

Will it happen? I don't know but the concept is sound and its, of course, not the only force at play. We're also seeing the rumblings of demand-pull inflation thanks to massive government spending carried over from Pres Trump and amplified by Pres Biden, but that's a beast of a different breed. Either way its just laughable to suggest that one ice cream shop with 15 employees is proof that a nation wide wage spike wont ruin us. Heh, for all we know they might go out of business in a month.

 

For some people grasping the ripple effects of the inflation such a move will cause is a very difficult concept

 

I think I remember the literature for Nader, the 1st time he ran for Pres., saying that, back in the 40's, the average CEO pay was only 19 times that of an entry-level employee. By the 1960s, if I'm not mistaken, it had only risen to like 42 times. At that time, I think the number was a little over 100 times.

Ralph N. has been consistently ahead of the curve, is still sharp as a tack, at 87 years of age, selflessly committed to we the people, a tremendous workhorse-- it is both a shame & a bit of a mystery why more people have not paid more attention to him.

Here is a link to a great (& short) letter from his organization, from 2018. Just check out the arguments, fired-off in brief, bullet-point fashion, but logically woven together, to create a common sense narrative. Very impressive. But treated like the ever-true & ne'er heeded prophecies of Cassandra.

https://nader.org/2018/05/09/excessive-ceo-pay/

 

A rising tide, lifts all boats.

But rising wages do not mean commensurate rises in prices but, rather, much more business activity.

 

For the hand full of companies that can afford to pay more that's great but not all including small businesses can't afford to increase wages to the $15 an hour the Democrats want.

 

Yeah thats one company. Not all can afford to increase wages.

 

The reason is that most wages only represent 15-25% of a restaurant's costs. Even if they had been required to double the pay the effect on prices is still at most 25%....at most. In a very high end restaurant the amount can be higher but then the $15 minimum wage has no effect on them. Honestly, the biggest problem for a restaurant is to have new menus printed.

 

Well, total income doesn't always rise with wages. That is, for every person that benefits from the $15 wage, there are those who either aren't making $15, or those retired or not in the active work force(supplemental income, etc) who would be left behind as their own monetary value didn't increase. It's sort of a tricky problem unless you can find a way that everyone has an increase, not just a portion of people.

 

Food is a restaurant's biggest expense. Volatile items like lobster will change price as the market demands. I did the math years ago, and am in no mood to do it now, but a $1/hr. raise in wages adds only pennies to the price of a Big Mac if profit margins are to remain the same. I'm always smh at fools who scream "$25 burgers!"