$15 Minimum Wage in Seattle Approved

jerry55 said:
You can't be that retarded.
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If I have a burger joint, and I employee 20 kids paying them $8-$10/hour to slang my burgers, what do you think I'm going to do when the government tells me I have to double their wages? Will I:

A) Take it in the ass, move into a smaller house, buy my kids fewer things and stop taking vacations in order to keep all of my unskilled teenage workers employed

B) Double my prices

C) Cut the fat, and get more efficient by using fewer workers to run my business

D) Live in Jerry's magical world where I can keep everyone employed and pay them twice as much without having to raise my prices?
 


jerry55 said:
People on this forum should be championing a minimum wage increase for their own self-interest. More money going to the working class = more money in the pockets of the people who you target your offers to. It's not the Bill Gates and Warren Buffets of the world who are spending money on your weight loss/dating/gaming/health offers. It's the people who would be given a spending boost by the minimum wage increase.
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Dat inverse rate between higher paid minimum wage workers and the lack of them after 40% get laid off to pay the other min wage workers the $15.
 
Cost of living is high?

^^ There is no such thing. "Your standards are too high" is the reality.

Cost of living is a bullshit metric, used to dup people who spend more then they earn into feeling "OK" about their spending.
 
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Here's an idea: let's have jerry55 and others like him start paying 100% more on all goods and services purchased in the US. That way, that additional revenue can go to the employees making minimum wage. Set the example, jerry55!
 
The problem I see with the public debate on whether or not this new legislation will hurt or help the community of Seattle is that it presupposes that its intended purpose is to help the community of Seattle. This would imply that the politicians behind it have the best interests of the people of Seattle at heart. If you believe that, there is no point in getting into the economics.
 
kingofsp said:
The problem I see with the public debate on whether or not this new legislation will hurt or help the community of Seattle is that it presupposes that its intended purpose is to help the community of Seattle. This would imply that the politicians behind it have the best interests of the people of Seattle at heart. If you believe that, there is no point in getting into the economics.
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Wait a second.

Are you saying that politicians do not have our best interests in mind?

What nonsense will you utter next man??? That World War II wasn't a just war? That there is no such thing as a social contract? That our soldiers aren't defending our freedoms? That taxation is theft? That not everyone deserves a right to health care?

Be careful, my friend. You are dancing on the precipice of madness.
 
jerry55 said:
We got our very own Cliven Bundy here. Let me guess you don't pay taxes either. Welcome to internet forums: the last refuge of anarcho-capitalists and Mises-tards.
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  1. Mr. Bundy waves a flag. I don't suffer from stockholme syndrome.
  2. I do pay taxes, I prefer an in-tact anus.
  3. Great job ignoring my point. Every statist dodges it like the plague.
 
The problem is not the issue at hand.

The problem is that as a society, nearly everyone thinks you can solve whatever ills society has by adding more laws. Be that laws regarding minimum wage, your body, etc. In America, if we see a problem we legislate it.

Resolve this one issue, and everything else will follow. (so, pretty much nothing will ever change)
 
mikeshinobi said:
If that's true, wouldn't the businesses and schools just raise their wages so they have people to work for them? Why is government meddling required?
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Only eventually after a couple of years. The businesses and schools with good reputations would cut staff (by letting people leave) and ride their rep into the ground to the point where drastic action (like raising wages to attract workers) is needed.

That's the problem with libertarian-promoted free economies. You assume the business owners act in society's best interests (due to consumer pressure that is timely and efficiently applied), when often the business owners don't even act in their own best interests. Too often business owners take the short-term over the long-term approach.

You don't want the gov't regulating your personal life but it's often necessary in the business environment.

That being said, $15 is too high. $12/hr at the most for a minimum wage, $9-10 is ideal imo.
 
bodiddley said:
You don't want the gov't regulating your personal life but it's often necessary in the business environment.
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It's necessary all the damn time, because of existing regulation, which creates new problems, which then have to be regulated to minimize.
 
Vadym said:
Also - because many people lose their jobs, due small businesses/shops not being able to afford a zitty 19 year old durrhurr for $15 an hour - the durrhurr goes on welfare. And that's more monies out of taxpayer pockets. Gluck, seattle.
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It's not that simple, the effects of raising minimum wage aren't so one dimensional. That money is going to get redistributed across the wider economy with increased spending in the very markets that have to pay a little bit more. What might be a minor cost and inconvenience for a small business could create a larger boost in revenue from the greater community being better off. A takeaway shop may be up for an extra $50/hour in wages across it's staff but with a larger customer base being now able to afford to buy takeway more often, new revenue could outweigh the expense.

It can also boost consumer confidence freeing up money that people just didn't want to spend before.

If the lower end are falling behind it can also be cheaper for tax payers to get more money to the worse off to prevent problems that affect the entire community and are expensive to fix and manage - such as crime, welfare, health.

It's a juggling act and I'm surprised such an intelligent bunch of entrepreneurs can't see the bigger picture.
 
inb4 lattes go up to $14, and the tech guys in Seattle develop robots to make minimum wage workers obsolete, bringing lattes back down to $6.
 
bodiddley said:
That's the problem with libertarian-promoted free economies. You assume the business owners act in society's best interests
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That's not an assumption libertarians make at all. It never has been, and wouldn't be. Well, anyway, it's not an assumption a free market economist would make.

You're starting your analysis of someone else's analysis by making your own incorrect assumptions about their assumptions.
 
bodiddley said:
Inb4 said robot spills hot coffee on single mom who sues Starbucks for $10M
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Ohhh, come on... Asimo wouldn't spill coffee. He's much too nice for that.

[ame=http://www.youtube.com/watch?v=ReN2l816L8k]ASIMO Robot Next-Generation Unveiled! - 2014 Humanoid Robot Show - YouTube[/ame]
 
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