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„¡looɟ ǝʞoɹq ʎɐʇS ˙ʞɔnɹʇ ɹo qɐɔ ɐ ǝʌıɹp ɹo sɹǝƃɹnq dılɟ ʇ,uɐɔ noʎ ʍoᴎ ˙uoıʇɐɯoʇn∀„ | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqTHJMM3kzLWJFR2drQTJPRkVlUExoNEFsc19mNW5DWFFfNHZiNlpNdzU1d2VFcGlVQWZLX0xaMktFZDRvVGQxYVRRTFV4NTRGbUlSUUYzckV1RnI1RlE9PQ== | Z0FBQUFBQm5fZGFrdml5TzFUVE90elZHdWR3b3ZBR2V4Z3hMaF8tcDZOYzFqYWZheG5oeFpEM2lHUS1yNVQyNHZYRGhoQmdHcDA2SEJObm9yZGo1TWtYMHM4VEF2VlRpLVdZTnF5OHdkeWJ3T3ItT3FteUlXaHF3bXJRVUdpSzR2bkktenlNOWNiNlU1VUZkME5RektpZG9FQlFKZUdOVDB5MkhRbTFuSTJkcUo3eVd5VEV3OEtEY2V2T3dVWjlnUXdqT3ppeWxFclpHeGlCcERhRmV5d1BwbU83THpEYkpqQT09 |
Inflation is the change in prices, and prices are determined by supply and demand. Demand at an economy-wide scale is largely determined by the money supply, which this policy doesn't affect. But the policy will lower output in the fast food sector, hence there is less supply, and so inflation will be *slightly* higher than it would have otherwise been. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqcUx1ZW1EV0kydjIxcUtTV182SldweWVWeHhGOWVjVnB2cDluQmRuNzZxdmxGTjlGSWNpXzFzNkFYYzRMbTdzd1VVQVNGaTRhNEVaYVFralZHY2RmN1E9PQ== | Z0FBQUFBQm5fZGFrU3VhOHZ4QllRQm1JUjU1TGd2TnVETTV4eDBES2tLbkdMbnpkWjlETFlHblVlQ183R0FZREJWaWRmcGptbTMtR1lMWFR1ZHVWSDNyVHlZMm16NmFfcjhWYUlsWjgxdDdTdlpUUWkyVHA1N3lxMWVuYTNmWHJ3bnFnTmVneFRPQS1Ob3k2eXBLTnAxa0IzVWNKM1M2NUdKMjNPQlFmS1hESTFoQ0lqcEk0b3JyNEliNVl6TTQ4Q290dlp4ck95LVp3Zmp4b1RwZTNPbS1vb3luYXVyRkxEUT09 |
Flip | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqTWJrWEMwcGZxR1NIb0FIQ3VFZGdpaVkyMm0zQWdteVJEd19SVnlPNnpmb3lwbUNQWEtXd3ZLS3VGWk81UWozUUJzZXZlT0x0ZEtISU5ZS1p4ak1uSHc9PQ== | Z0FBQUFBQm5fZGFrYm9DNjl5UDV0TG1xN095VVlCb1JxaFdFN3dvbFJJVHZGZVU4bkp0cXFNaG1BWlBzNjcxMExuRkd0bVVvNWtyZjNrMmhwLTJjVDZPeFI0dmp3RFQwLUZZbDMyNDRlcVBrc2owOXJUNHdKMUg0N1VlTzN1N1d1ZkFJSkh1R2o3bERhNmJNZkFfU0xia2I0QW9HeTBFTHUxRkR1ODJBb21vMnpqSnA0YThFakFNME55SHl0LVNKeG15c1Y4cU13b3JSRmc5aWRIaEZFZWI5dTFBSUxkQno2UT09 |
>Hmm, considering their business can't survive without employees, its almost like this cost should be factored into buying a franchise.
They will factor it in. And after they do so, many restaurants will decide they can no longer be profitable and close. Others will reduce hours. Many such businesses will never open in the first place. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqMjBhVHZSdWc2VkdYUnpTRWV5ODM5YTJfM0oyd2hfeXA5SnQ5N1l1NnFnY05zVXVobENPaWU0VllkMDBQWHRiYmgyaS1yVDNCY2xYVXN2OW5SV0Y4MEE9PQ== | Z0FBQUFBQm5fZGFrYU1ILUZVR19wbGpVbFd5RGV6WFVmejRpYmpBa1RURWk1ajE3LWNNb1FiY2d1d1ZPTDJOdWh1Yktvd3BrZkNLQldZNVp2YXhSbzd5d01NVVg1RUpHQ3l3ZTczWGZQSzFjWEJkeldqVk1oWUJQdE02T3V5SmJoc3hvazZWVXpBaXdBc3JUM1h2VGc4NXpFMVppLXFEUWNyTWNYNE5pX3ptSEJiMEowSTBYcmdVa2JyOHdBZk1NYWhUMEgya2VIZmhQS2htMjktQlhCSlA5bWFfM29Ba0lqZz09 |
I'm all for paying people more for in-demand jobs - including plumbers, construction workers, carpenters, etc. Compensation needs to be attractive enough to draw people into these jobs where we don't have enough talent. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqcXFtbVVrc2RzN3RhRDQ1N0toUEFRVFFtZ1hiOWtjUkdFcTZfWmFZRURfOGYwaTZraHVvRkxmTWZTa0RHVUFCRERWS1NSeEhtLWttTm94U2xfTGNUUm5zZW1EOW5TZ1pZb05pVVMyQTBZQWM9 | Z0FBQUFBQm5fZGFrcVhGMkE5TThYdktCYU5ITk9GV2F0Z3ExYkQ0MmZaNnNBaVRnS3VkXzJIc1ctMnV0TlVwZWJVS2VQMXFWeVJvaXNJRHdjVjNlQVVNeWpBV3ExbnRlWVluNHFxUUNBY3dzVnhHMXp2dk1hZ3BoQkNNanpJM0g4OHZ3VmdZeDdJaDNReU9NZFF1MGhZNXpCd1VrSHdxb3NKakZ0ZE9TaUhyN0FqNmhHV0pOWUJyeVFoQUVWbWowZ0ZZTjZIcHF6dGdRWWdpS09KNGZ5TUR3RE8wazRHQ1BXZz09 |
Shit i need a raise ! | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqSFZWaFYwbllXVWwwT0dTZlR0NzJ6NVZudURWQ1g2eGdzSGlUb29jTlZkWEVvMzhqWnpFZzZpRWhRemQ2dXpueWJfRHlkekUwbWg3NkRrbWNFYmVIUEE9PQ== | Z0FBQUFBQm5fZGFrMnRhdjlibnFqU1pCV2tYOWNuMVdZamNCeGFLQTFIdTFhblBfaHRoeERDWGR0VWdMTnBOa2plWjlyQXBLa2dwc0UwX2lFQmdvQUEwakJlbWFjZ1Jvc2t4OXZRYXB0T04wVnloTmpHZ0FLekQxai04Z0REYVJKS013SUVHWjkxUWk1UnlNS0g3Z0ZLSmVvMjF5SWEycndGRFRXbnN1a2c3MzN2S1pOTDBoS3FiUnY0bEZ3cnptU1hqdzM5QWo1Q0lZLUFyNkl2WFA2aW9xNF9YZ0sxcVZmZz09 |
Well, you think $22/hr equates to a $50 sandwich. How many sandwiches do you think a skilled sandwich maker can produce in an hour? | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqSXBnZVltX1kzOC1scVg4cVVOYVh6eDJJS2hMejc5czZoUmtQN3I1S1c1bEotQVBwbWgtbDJmd3l0Q3VaTkV2V0lsRnZyLVZPT05pM0ZOWDJGeGtoWHc9PQ== | Z0FBQUFBQm5fZGFrUGVzZ1dKNGpMaGp4cWtkaGh6Z2p2XzlGOTlwSmhpZDZHaFNONVpZS09zNlU1dGx3eC1zSUpXQzlWQmtLMnkteTBJWklpQXB3c2FON1JBWEFzdGZ1YWR3SElXbldQZDgzeWVvNHI0NUM4ckFJYzFObjdNSThsb0wxV0tHT0VmWG5KTEdDU3B6bnAxTDMwVnJ5VmNia2swakZZWWlQTmVjUzVwM0Q2bXpuVUlQR1NPVzFuMEh3Y2tVbmd2TTg0N1l1ZTkzNkRKeVdJcUhqclo0cDlTSXVjUT09 |
Not sure how what I said communicates this. It's moreso that people may prefer working retail/fast food and we need ways to 'convince' people to do other jobs even though they may otherwise prefer retail/fast food.
If all jobs paid the same, there would probably be fewer people doing jobs that are 'hard labor'. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqZTAyQUlxdVhEcWVlbWtCc3g0YkdFWTg0cS02Mk85LU1UTnkwQ3RNOUloR0EzMWdtUEx0bWNnc1FVc3pRVlZfS3JieHdKcXFnVi02UVMyM2VNdVAwRTFITDlMNDl5dVBTVWVnelpRQ0FVVlk9 | Z0FBQUFBQm5fZGFrVGpzRnlnTTUzamtSVHZweXVkM21YdDh1eU85Qk5fNjRsU3Q1X25uUTYzanE5VERwc1hIT3pTYmJVYzRMb2ZlN1BESWxTbjBfaGJYUFlpQk4ybWVpZkY5RnhYSnZFaUtqZ1Nld1B2STcxbVR5VC1BSWlSWk95QjY1Rk1xaEVqLUhwTVZUa2pYVmhWNldLUDhLY1JGMURFX1lVc0R5LWNCRmdyY0lTMU9yZ3FmMGdONU91cUhDbFZyVkh6NTNrblpVb1hOWXpoSnNhVFZ4czlaZm8wcG1adz09 |
Why would anyone care about the amount of money in circulation if wages and prices are the same?
And monetary inflation is just one potential cause of price inflation. It's not THE cause of it. Things like resource scarcity, labor shortage, supply chain deficiency, and price fixing can also cause price inflation. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqbVdLMm43T1ZlVFlNQ0FZRWdxeGt5S1pmSnBQSnpmNWdPUjZlYi16VnBjSkJzMGhsRDhINnZ0S0ZSVDNhRk1WOVFDTlhPX0hSRWt2OWdaOU4xNzFJT1E9PQ== | Z0FBQUFBQm5fZGFrVmxwSFkwMTFZQUxYNEdLMmtadWNGT1RqMFlLdHZ5VDBtT3lUNUplaXFNdTgwMGo2cUVxbnI5a0hWRU5wY2JCbmVrSmg4NDBNa0pBellzRmZNWHdTcE9XamVnd2NfZ01oU1VUUGZ1TXJQajYyajNDSl9KRUp3TzFFeXkwMnpyOWVGUmJGWEY3X2xxNnV5ckNQTVZ5YmhHeWJYXzBHTmlOc3RkTkJjcFFxMkE3LWwzUlNaZFRxSzlUUnppMy1xTUJ1NldkcERVMVpWUHFKdTZQSldpZFRGdz09 |
It's not sustainable across the economy. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqc2JUR3pEcTZGbmxGcWE4SnQ1emJBVGZOWHY5RXJlWlJMeVRfVTdVTWFIX0NUcEY1YU5SdHpPT2RHclNMQlNPVzNQNWZLd244cDZ4X19OYkRnVERBOWYwNlVZZ3d6RDFrZGwtb0dtMWNLZ289 | Z0FBQUFBQm5fZGFrWkh5MkRVcDFOclZtSkNDWXJjTnJOR1F4NFVzcnFwME9TSEdMYk5tejY4WGZSLXhPcTkzZk84SkxkdE5XcjVwMjlJUV8yTEdRakl3Rk9KVXVhTVVLcjk0ZHVNcDMwalZrMkh2TTBpWHZqWXZkQTRZQVh1dmFEbjgybm5GNDN1Xzd3aXhqaWpDaG91WGNKT25BaDJ5TWdLRlZUSnVmUV9SUmZxVUI3M1FjOVVGUjdXNXk4X2gtRzVCMlN3S3Rib2FhdF9SZldPdUJZdlhHenhiUVEzMTFwQT09 |
>So, skilled labor employers will have to increase their pay to compete
I would imagine the effect would be the reverse. With higher wages in the fast food industry, there will be fewer jobs in it. That means more people looking for jobs in other sectors, meaning lower wages in the rest of the economy. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqODQ1SmJNT1J4UW02VmoweUtVLTJibmltX0V1c1VjR0NQMVBHNExtZGJzazN2YmNmS3pNMEF5NEFQRndYTTJuZjhaZjNnTmNkOFQxZVNUYjdGdXNBbmc9PQ== | Z0FBQUFBQm5fZGFrUGg2RkROQ3l2LWZNVnR4YVJDWVRCR21tZW9FTW1nTUVJZExqNjhodjRrNDdWVll2U2dzQjA4ZWtYQTNqNkZyNHFrMERja00tY0U2QjcteVpzc3hPNXgzemZfa3dYeVZEdk5YQTlFV0pVR3BRUTJuV19NTTNSQ0NMcGEtbmt0Rm83Y3VQNldBa3BfLXZJeXVleExPcDYwMmlmUnNaRktZeGw2dlhBeVBtTDlPNnl2ckVpQS1pc3poUnByNmZGT29idk9XNGVkb01NTGF3aUhSbU9jY1Yxdz09 |
you think his "production" will increase? Fuck no.....the store/restauant will raise prices. My point was a little sarcastic.....but relevant. Eventually, getting a burger will cost a lot more. Its called inflation and the only reason they want to raise wages is because of inflation they have caused. They are fucking idiots running this state and country. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqUmJhLXYtbkJDbVE5RFlqS2Vkc21BZlZlQTh0MFdScnZOT3p4VUNnRjR1SWRvMVlRTHFBVHFFV2xKbzhkX0FBU3B6b3FqM3dCM1piMVBXcFQ5NVVMY2c9PQ== | Z0FBQUFBQm5fZGFrOWtHcnNxNk1NZzI3MFNjSEhaOUxwbGJHSnUwOW51RHcyUDV2dGcwM1c5blh6VzlzY184TlRoamg2X0VqVm1iWkNfc3ItbTE3X214VUVpaC02LU1NcVJRRHc0R1pSUnVJRnd0ZFhvWW1BOGpTV3ptZXY0WERQVUZqa0tpSjBLNGZfZmk5MzZvOUg0V2gtRzc0eHF4NWV4SG5XUUNpRjJOY2pHSUwtWGpTYVR1Uzd1TDJTYkZUbVJ6eXhGanF2UzFNb09VR1pVNGFJYTctUVgtdXAxVkxnUT09 |
Higher wages does not mean more currency in circulation. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqZllpN00zcHhfTjZFYkZEWXpvS2ZsWFdudklXTjVQYm5qZy00SjlxSWpKa1pmSXZ0cmVMVnNwcHdhMGRyZXdJNkpZdzF2cVRzUnV3WDN4Y3BKZ2RmQ3c9PQ== | Z0FBQUFBQm5fZGFrNDFWTzNlUTNlc2NGSlNxVy1LanlyYk5CNVVJMHh0N0JTdGtpWERESnBFSDdRMk1YUjhMT2Z6VjZmU3NZTWE4cTdnYnpMUG56eW5UbDdEX1lRZHhqV2V3Wk50SmhWWlpTcGpIdnR1YmJaOFBoUklCSG9JUEdhOEVkMGNEU25ydFE4Rno3SEk2TW9SNExMaFlBM0o0NVhKMThNZlJZa1VGV2ZfMW9NZjFKSFJJNjhvV3c0NWwyS0JDUnlxLXV1Q21xNXp2ZzJLOEE0bUE0c0Y5TVhnbVcxUT09 |
Except in places with higher wages, franchise owners don’t actually have many issues like this. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqbVNSd1MwWWxIUnE3Q2RNdHFOODZXcnlteDMxM09GeVBQVC1zWHdFUzdqLVFtem5TNHh1ZkNsVWJsSDdveFVwWS1NcWxuZl9Qb3pkR2hGR2xYMkg4N3c9PQ== | Z0FBQUFBQm5fZGFrSmNVRDEwNF9kWW1SMDFTbnJmTFduTnpZYWcwcWZwTXRYbXJoRVEyT2JRamF6clN4d1k3VVJScWxJVDlhVk1GaXlfbGk0TXV2VDhMMjBuMm9QamJ5LW9XRFduNWFBU3cyQVFCaWxDZ2FWd0IzYWxJX3ZMWGUwNmJUR3JvMGsxTFlicHNqUzczdWIzdXN2SnJwbjlpMVduMzZ6Z1hCQ0VxbWctM21iTjdxVHFYQWYtME1YOE1mZG5tLUhKZnhjSldQV2tOeHpqNi1BVWc5VHlrRkV6RDdxdz09 |
Tell me you think you learned everything you need to know from your MBA without telling me. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqSDJhR2N6ZGU5ZVNyc1ctZFpLeGNuRnAzbW5LUUcyQi1HcXRjSVEtOWV6OVdwUFJWd0VoTUI2aTI1WDBuNzMtUzhhNW81TXpUdFEyeVY1ZDFRaHFMUGc9PQ== | Z0FBQUFBQm5fZGFrU3BGZmRGSk9KMEY5NGZ3REZianVmV25MeldkM2NWVWNVMnNvQzdNUzBfMVNUdVNDbWg3Uk16enlBRkc1SGVFTHBkWlFNT1FhQkZCV0tZS1dzaXVPNU1NZlZfcV84SldFdjJyZWstR3RaTVhUTEdxYWNiWkJITkgybnNIYVM1b3YyNUZYVUtlMks1TnBEUk15cUZZZk5rQ0JnbGd1TmQ1MUtNZENWdlVZb1haVEhNUUhpQ3psQ3FBSHNhbUlQM1lOaHdvSnVGc2lDa1RJQTBnUU52V1ZfZz09 |
Reaganomics did work exactly as intended. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqRzlFYXZOQnBkNEMtZG8xODl6V0UwUGhoaDJocEVpNlJJTi1DWFVUSm16NWZKZDE1ZGFNT3dUYUZURzVUM1FaWWdBbGxldkgyN04ySmU1R2FMVDU3WlE9PQ== | Z0FBQUFBQm5fZGFrd0UzQmpLUk5qWE9TWWtGUGVHSi13SWZhTnhmYl8tS1J0SDh2bGsxQUt6YXVnYjkwWjhCd2UwUzVuZXVjRkQ5R3hkcHgwOENDaVdleGxGSGNtUWN5YXM3UE1VQWl6Qm9LVHpiRTRfQW40LVlKTHRTM0JvZkRqa0Y1VTlsMlg1WHVWZkVhRklnbkZCVVg4cUY3VUpsTkR0bUZDeTlFWVdvRS0wVGhIYV8zeDNVb0hkblY4cG1uTTFBbnBoVFpqanI4TnpJbHhvNlVMMnFTNW9vdWt3bUUwZz09 |
Show me the facts.
It see.s that European countries can pay living wages and it's sustainable. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqRWs1VzNBZF94Y0FnNVA2Z1k3UlRYa19nZkxPM2VlWURYREZIXzllMWFRMmFfcW8zQVJyOTd5cFJKZDlRb05BNDhYZV9DeGFTN3RzOFJ3X3FDc3A5MlE9PQ== | Z0FBQUFBQm5fZGFrTmJ4TF9sdkFpeHVtT1FSVXVRZlVqcDBrZl9pSlp2Q2ZHZG5seGZOZWhjeWFza0tYRm1xX2VPUU1qVzhBN3JJSEhLVUQ4STF4UHFkRlNXS1BXNkZaaHBHbW1Ib084SXhRMXF5WW1iUk16Ni1mQ1FZWXRzbTB3UU1CTVpKZkZ6UmdmS1F2dVNkYWsxOTA0WnBZZS1oUEhvRUdzaXVLalJ3UjBxNUhvRm45d2xSbERDZVl4eHh2cTVPa2Y0WVFHTmhrN3JLMENVaG1GSTNhZU5ES192TXdUUT09 |
"socialist" isn't an insult. I'm a democratic socialist just like MLK was | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqbjM2dUFTVlE2TkE1TktscUNxdnpwYTdLdzVKcmJlaW8xWnAwSVlzR3FlVDBFM2NmdkVIOURpRnB1TldsRWN6ZTZTVUl6N0dWNDJOVkZrS3hxM1htNWc9PQ== | Z0FBQUFBQm5fZGFraWFRcEF4Tlo2b1QwZ2Ftd0tPMzBtbThmbm05bVdZQmlmMXFOUkVZNkh6Znd6ay1XZ1g2cm5LcmY2WTN2YUFzWGFhbTVrd0J1S3VDZXhVOHl1anpqYkNvSlN6LUY3bC1ab2FraGRibV9mbE1BdFpacUVTQkZLaWpRSkxRV3NuWmU1ZmRPU2dhcE1ZbHlRVDNBMjFNWTJmcjN6S3NYSlhubG1nWnZPWHMxa3NCMzFEaS1FbUNKLXpDZnFRN0dHWVBaT2FYY1Q2U1F0b2NDQjdNQUhDVVhvUT09 |
Because if you increase the amount of currency in circulation whilst also keeping prices the same you get shortages when the product is bought out of stock. However, more currency can be put into circulation without price rises if production is increased. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqT1ZrOFB2VTV4Z3kwdjR5NWJ1b3RRc1FvQXduNVhRd194eFNXUW8xaFRCMVBjenlRdml3UG9LZlE3bDNfZ3JickZNU1VVRFFNUlByeXU3djZYdWJkMWc9PQ== | Z0FBQUFBQm5fZGFrRk9PaWc0WHRjMUZrMjNJWHZldjBNSC1ZYjFtTFZtLTA3RzN1R0JkNG94U2I1dEVXNWdHMUgybUlsT1FTZno1cWV3TmxlMElySVYweURWTkNWTUxwTHowcnRBWWhTWjd1c0lRcVc2OF91VDA2dVRkdzFESnBOZWxoVncxVXIxeThCSmlOV0RWV1ZVNEVtSU12aldyWmlTZmtmZUdzY0dja1NuNlpWbTYzMjQ2X21PSjlRLXJMT2FjQUxUcDlzb293N1BWUi1hS1Z4NjFWUkVGY1oyaHkzQT09 |
Simple counterpoint. The government ALREADY raises wages artificially through all the assistance they give to people that are working minimum wage jobs. The only difference is that instead of people getting higher wages companies get to just put billions more dollars in their pocket as we, the people, pay to make up for the fact that they won't just pay a living wage to their employees.
We SHOULD move to a more socialist government. Free market capitalism is flawed in the exact same way that communism is, they're opposite sides of the same coin. They both assume that people are decent, rational, and willing to always be looking 100 years into the future when they make their decisions. Socialism is the middle ground that recognizes the reality of the fact that people like to be, and need to be, rewarded for hard work and ambition but also they are greedy fucks that will exploit anyone they can given the chance. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqQVM4blFNVERvWTVPT19lcWd0VnpobTVEVmRyeWthelkyN1dHaDNYNEdDNHFoZURMZGtLS1RSbXd4VlM4c0t6N0tYc0hTT2YwZkRwcHE1OVFZYUpScWc9PQ== | Z0FBQUFBQm5fZGFrM3BBdVMxTU9JajE0cWtPOVZHeWxhUTJNbUZIQlRBdmRueUJXYTd5MDQwQ2NWU2pqYU9PNjBaSHNJS01Rb29Ua0dURXhDdGdBOE1VcXVQM1pBS3hIUExkYkZpeE9LQXowbXBCVWQ4TWZZam0wNGNzVGVfeks4VktuNGtld1llRDV6SjU3OEYxOHNuZ0RiRVEwY1FIWkpNLXNDVVFwMHRyVlJNU0daSkJLcXlobXBHM0ZWMVd3Y3JDVkhzNTdlOHBTTk1pRzFWODdCQ21GRG9ETjlqbTlEUT09 |
Good point. I think what I said still applies though. If you take a 10% increase in wages for fast food workers, other industries who compete for similar labor will need to increase their wages (or find other means of attracting workers, which may still cost money - just not paid out in wages) and ultimately increasing the cost of goods and services by 1-2% in multiple industries. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqb3pxZmpGb19WcFBvUi11YXUyWEgzeGFBZ05mTVY1dUE3QnU1UHljQkJSY2RDZzVTblItdzRRRlJ4cndNYjZJVTlXVXM5U0JTNHpNVDNmallvWFZZSmVUN0gzMU9yZlpaTkJPZmV2dl80NkU9 | Z0FBQUFBQm5fZGFrb2NfRGU5SHZpYmJsMzN2R0UySG13eWNRRk94OGxBUGdiVmNUbzFDZjEtQk5RTjlGQ09nY1R5enlPVUhHd2lQd01haHpLTkM5MzBSbnhfcEpxQlJUX2QyeUkxTmJPX0tpNHozclFKR2txOHlodXZvcERPVS1BOVlQeGluSjhmMVZET2ZRemlEQmJDRURhaWNDODE3aEZFbEZ0d2ZrNTVXUE03U0h5Ml9reXYxRGhVMHNDWWpGV3pWRmtBaXVDZkgtcDVucTFlMVFObUpVbmJTWldVTXRiQT09 |
and socialism didnt build the worlds strongest economy. Capitalism did...and brought many out of the pits of socialism. It never works.....and no matter who tries, it fails. Unless you are happy paying 90% of your income to pay for the slackers waiting for others to pull their weight. Thats what happens. Dress it up with "democratic socialism"...it still sucks and fails. Look at whats happening now..... | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqcjYyejZqOE5kM0VzRURyWk9wbmVGc043SjRMclVGN21MTVBrT2JJLXQtNGRMYmdmYUwySWNtc2NxRXgyazdVSUQ3djVLZDRfd2paWkg3OXp4TGtaTEE9PQ== | Z0FBQUFBQm5fZGFrSktKWDRSaHViNEVGMUVSWm1oVnhzenVJMUNXQ2wxb2JHam9QVFFOQ1FuempsUFJfdGZyVVR6QUY0OW5Zdm9FX0FUNC16ekMyRzR1LUVXM2JOWlRVUzVWSUFVakotVVRWeGIyR2FYNy03SDUteUJpZDYyYjA0UlZuWGRkbm5EendXeGxXamlpdUV3ZEpacnZyT2V5NENEZkdhbW5rYzZYcHplMkNicHlYeDVZQnllazVXYUpFb3FMbTZyTDh0el9XQVdnM2ZQeUtTcVRZN3B5ZlVhUlFLdz09 |
Agree. And I think the maximum wage the council can set is $22 in the first year, not the minimum. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqYXhSN2VsaXBxMFMzZE5TZ01HWEFERDdRVnRxWjlSbS1YWGNmc05KT1ZHbXc5c1NqT08xTnktUWEtMVZrTGJuNnlybUliU1pvQ25XR3hCUU42ZVJSTHhmMkU1M1VNQmc2RVZlM1FZcWNCbkE9 | Z0FBQUFBQm5fZGFrdXExLUUyczBwVjZQcWk4YWZWMG5hVXJ4WUR3bkNiak5YNWZ0NlN1WmhDWm82QVFlUlNFbC0wS3pGMzdBbEpIX0d5WkZqbXdyYUxqMTBaeDIzUFl4dV9LTkdRVmNCdUtTbnQwREtQWlZhbVpSRDVjUExXT0J0U1RGbUdGSG1VQ2NjSy10bm4tSXR0VGdMWmlCbGJxSlpOYXNfSGZaY0gzR3BucHJZaE5LT0NDc2ZneHlzbHowTDJGSVdsWEVUYlYyOHVxcEJWa25OMmFVWUxFUkVvUTRiQT09 |
I make 1300000 a year and live in Oakland CA. about 62 $ an hour that only pays for a modest home hear. I think minimum wage is stupid but collective bargaining by unions is the way to raise pay and improve working conditions | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqMmtGTV9XOGlKWlNUYXpUbDVWV3ZMcXZIa29zVE1qRUgwQ0xrR3o3NTAzMUdwWFA4dUdXYy1RTTdtNW5KNTU5Q0U4UWsyUUlVMmNqaUJ5LVBkZDEwM2NUZUVRQjEtWjIyV041MVZ4dlBxOGs9 | Z0FBQUFBQm5fZGFrZTN6ckEwNXA3YU1nMWQ3a2gzQjRRdEM2MzItWl9VUUhOVHVlOTRKbjZ4VjVIVkJQTlk0VkpDZ2stU3pmUTNCMl9PZ2c2YmdENnJYRWwtZGN1NXk1YjFYQ0NoMUFKTG5jaGkzY1F5azlsOXc1aUN1UWZkWnNVQW0zY2pRbURZVElHSmFPY0JmbktRUUk2elh4Z29sTTgyeHB1SVFUUFpVRDUzMGxqTUEyV0VhMGZsdjdvUkJKS1ZsR3Y2RU50ek5Da0xhRENYTm9MS1Q2OUxodi1nY1pRdz09 |
Just checking, you do understand that because of the way stocks work, companies are required to post record profits every quarter. So an increase in labor costs won’t derive from company profits at all, because the budget for wages is set in stone. It just means that the wage budget has to get divided among fewer workers, ie, layoffs. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqb2xoTlJObGxiM3NlcUh2Q1Vid1YzMURidlFjSUdsWjFac0F4Z2pEOWFqUHpEVTd3Z2xwWVNoZUNxMW9FNWd5am1udy1oNWo0cHBPT0ZMOVRfX2ZPemc9PQ== | Z0FBQUFBQm5fZGFrTTBEei12LUU1dExmb0NyUjNNUTRqWE05TFBGY3ZhNlNfLW9SeFhsSkJRYUdBdEFKanQwWXJYS3BiMTJubkFVcDZTbFl2MlJ6ODJOSXhMVV9hcXU3MHc3SlUtS1pUOUNJWjRXdkV3TlMxRUJYZnpPUk9tVUNyRXFfLUF4UEdhVW52V2dpR3drNFBpMjV6TWVkbVJSTkVIbWJNR3FjN2pSVzNta3JqcktZcUM5NnJrLTRlSVNobks0N0dreHV3d3JFZVhKaW42ekRpUnJObTM4VzBEZy1YQT09 |
I think this is maybe where the government, nonprofits, and private businesses should focus; how to help people get more skills when they're grinding all day to make ends meet. Not that anything needs to be an easy button, because even many wealthy people probably work a lot of hours and still continue their development... But things like support for child care, etc.
And yeah, I also agree that everyone has a role to play in helping people who can't otherwise help themselves. I don't think forcing a high min wage is the solution, but people who are struggling with depression, disabilities, etc. shouldn't be forgotten. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqanpBZTJna3I5YWFGM2QzNXo2WjkxQVM2S2MtRGRpRDdVdnJ5Y2R3ejRUWGtpX0JNajRIU1BMZ003dk9xdmVkYTdRNS04aVM3RGJoWk4yeXhxNGxUSVNWalRTYVRvVGNzV3pMd2QwOXBTSjQ9 | Z0FBQUFBQm5fZGFrWDlIUW9NX2w2UTcyNnZ5VHhYTWhPaXpHOFlsYVFtY1ZmeHB4VlI2TGMxVUFKaTVvQzVsYzlZNGR6ODdIaHpNQzJ3UENXR3pCOTNuSVZHZlh1T0dTUC01VThEMGtpWDFWX1d3eWpVMFZGUmkxZXRxMktkYVVBbFlHWDRXVU1MTS1FM2JDaW9nY3ZuaHFib1lTdG14VTFEblVldUwwNkRTNmlzLThPdnAwQWZzYm11dVFlQWtESEN0WXJmc2gtZ0RGSjZKQjNnS01UaFpLM2IxSVprR1N5dz09 |
Your envy is showing. Bright green. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqWXBvRUJkcWVFX05hd1BSRmZWOFlmcmVjTkRIV2t5V2VLazdwSWVNTVkxeER2Y3p3NVZUWXQ4NWgwY050V2VkVDVHbGxEczFLZWJja3IxTXJlZ0F1Y0E9PQ== | Z0FBQUFBQm5fZGFrc0E3WEg1d1ZFQzdsU2N2bkY3UTNVdHZZX1FkUjAydHpKbmZ0UGxuYWRBbndOTWZ4Q1RvbjluRld3M0J1Q01hWG5rNDZUNHlKTm1lRUowT21EckhWaHhOOXVvX1VXRXAySUNyZlBwQmpwY2NkNnJxWFU3cHYyRzhHeGlfT1hIY0xsa0dNOHRYQkhfMzlEc1h6NHU5N3NrOUpYMDFmVzVaUlF4d2FDRDN1bHltV0lWZ2RYVWQ3My1vZjlpb2FCRXpvbGloaFo0ckk2TGRSb3c3MElSM3R1dz09 |
You definitely don’t have a career | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqZXFsSDdiRUhNenVDcGtxWlJ2R09oS0NpOG12V1pKM3VEUDZKb0tlRFZpQTdmU1RVandIX2p3a29QNzBsS1RTQU5lTnRoSTJ5ZDZRbFdqd2djTzczdkE9PQ== | Z0FBQUFBQm5fZGFrcTVwSmhnZlU5ZGh3OWllV3RVb3FGTUFTUTRqZG9ZNkFYeFVjc3RZSWU0V1BWMDQtdUxOM1hqSThOOUpIOHoxRmlVb0wyN3VpNVpCRDd5V0ZxQmVLM0JjWTJ5RHJkTDRwZnE0TlJOTEJpM0NnZ0J6NTdtZ2hsd3FFaVl4WW5UWXNMN2tTcWtUTm5zdU1rTVpfZlN0THNSMl9wXzROOXFaVTJwSmtOdHdMNlV1QWtkVWJuNWxJaENwY052WnB0Q0hFdjYtUlhzUTd4M21nYktyV3YwZDR3Zz09 |
You definitely have no idea what the fuck you’re talking about, starting with my career but absolutely not limited to that. But thanks for letting me know just how insecure you are. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqMS1GUThfSkYwbXdrWUVpQ3A0QlBiaTdSZkJ2X2lFZUxhSDljUUlqSzhYNHJ4NFhIZGxJN2lTT1dRVlBPd2N1RzBCc2tyOFh4ekM3SEpNR1VtQldjVFE9PQ== | Z0FBQUFBQm5fZGFrX0tqaEk4NjRpRlgzMjFMSG16b3U4SG52bnQzMUtxRVllemFPbmwtc21DaFhJd3FOWEg2Ym9jR0FwNl9XWG9Bc2kyUGF0ZEwwQVNPZ2NxTkpXMmhrcmowS3dnRHhjempZSjZBOW5vNi1MOGtuSjVJNUpxNlFxWjRlOFZ6SktkV3VZMElsQjhObFZieDlBMVhCSWNKRy1Lb3RwRzFfSnpWZ2R6YVFFVllQbXBHN2h5LWQ2aWNnQkg0cDBvSDRUQnVPSHVCU3VDZkpfdWJxbUxGN2dEbGw5Zz09 |
I guess it would depend on demand for the goods they sell. If demand is still high, then businesses will need workers and higher compensation will help them staff more easily than other lower/similar paying jobs. Unless the restaurant has the money to invest in automation. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqWmJRWHZKMFlWbVp6WVNzU3VzeUhFQzZvQjFOaWtWRDBJZ3VvazlqT09VMl9Ec3d0Y2FtVjFOd0VubE9wX0k4czB5eUdscElGQ3FXSEZxOVdYRHdKOEtmLTZaNWJ2b3Z3T1BqM1lTRnU4OVk9 | Z0FBQUFBQm5fZGFrWE1OcjBRUFlDOTJjZy1zUjhiWXFSVm01b2EtbEg1QnBlNFZNSi01NVNwUmR5M2d2WlJBV0c3UHVsRXlnbm5HU2hNaGFrUjhpblVPS1gxYXNZc3E2WVJFLVYzeU5HZldFN0szVnpVdl9FbFM0aElJbmh1M3dIeXVkUXZPQ25BVVpIdEpuNDB2QlpfLUFCdzFkeUlYNmpiQmNrYWFYamdxMEx4RUFoRGVaVjF0S19oZWJBa3hsbklxVmh1Z2xlSmZaTlU5R1NoZ0trUzROZVFOOWxfb1dqdz09 |
Nah, I got a PhD in a topic that matters and I’m perfectly content. Your insecurities are on full display, though. Always interesting how accusations are usually projection, and you accuse people of not having careers or being envious bizarrely often. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqT0VjWVhheGgxbU82UDdaajgzZ2xYZElVQWhCbGJKQkJyVURRRGhaZUtERmNmbHI4cDkzU2lCZFloWmRhQUFrVTliMWRxQ3NVMzBGNF9WbmNPVTJkQ3c9PQ== | Z0FBQUFBQm5fZGFrZ1V4V19BTjVzMmFoRTVQNHloN25vTERmY0Z5NHhwNXRnTFZxVjFCeXZuWl93TjhxT1FKcGRwWWJfNW9UcWR2cW9lOUE5dnhzYk1VRTBOSTNQd3RHNDM2eEM5Q1hZYmR4c1BUZDIwY3lyZ2pIM0FYdU5pNFJIbE5MQ0ljVV9ubU04OEJVeDdiekZtY25MTVNOc2VVNFBQd3ZCZ1ZYTVpfdjZKa0pTSlpIN1V6STBaQnA1Ymg4bENtejJIaHQ0OWZxTEZtUmVqc1RDeXBXS2xuS2I4ZjZnQT09 |
so at what point does it?
ofc it will assuming prices raise. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqRkp6UFJnNjJzMVlZUWt6TlpKTWZiU1lla2lmaUJWQWJuY1h1M2NQV1k1bEZtcmd2MjJoTHFhUGFFYmFmN09XRTFubHl2eUJNVDl3bV9ZLUJEb0dPYnc9PQ== | Z0FBQUFBQm5fZGFrRGNFa1pmTUtTMHV0T21UeGhkeFFCdkRfdldkdTRLUi13OHk4WHVDX3hocFBfRzF3MlhaMU9pWGVmbDVHOFJDcG8tM2M4LXJhNGdOYmVrVDFiM3pGWWlGTUdMcmNOMDF0cFRTdDkwSWowbHpDZlM1VzA1SFVOdU5FYjRoaUN0Vlo3b1ZHa3ZZQ1dfRU50bkJQdGNwU0M3amtBd1hqcDVvR0hBby1yLVFhbTZrQ2dUZW1wQlNxY3JUcHBJajZLWWViRjdwMGQ4LTMwMUZkRUVoVV9DeGR5UT09 |
Incorrect.
Record profits are not required. Just profits.
Its OK to make profits and not top the previous quarter. The greedy quest for higher profits every quarter are what kills people. Increasing the wage budget would cut into revenue and by extension profits.
It's actually not the end of the world if a company takes a hit to profits to take care of employees as long as they are still posting profits. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqY2JOXzdRM0pfaERWN1BjUVhsZlA4UW1vNnF6UThzSlY0Z1E0MldwSnhsdUd5MllXdjFFRnRsRm9JbDhaMmxFWVhQeFRPNlFHWnhCVWV2N1VTTGcxa3c9PQ== | Z0FBQUFBQm5fZGFrU0NaM1NmalJvMWhzNjZQTEgzYlpqUGh1Ri1kNEFiRFBtWE1FZVFfTWZEbHlNN2o5OHdGR3ZvNXdubnNXY0VIMXRsNkJOS1NOOXlkUml6WTdzS2lyZjB1OVRaNGdRb1lfVlVIS2Jfb1VvRlowZWwzRktuQ29YZy1weFloNko2MlBiNWtWSm9RT3FTU1FMZDR4VDg4SGphanNlVlExRjdZSVo4ZU9zckdOUTJRZ0RJNVlfLW1uam1JZ3p3eUt6Ylh3X0hZMGpEXzNhLXBsS0oxUDE2MGxvQT09 |
I'm not sure how advocating for minimum wage workers makes me broke? | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqcnY5Vjk3WlNuS2JDR1k2WmVHN3BIU1RsNkltRGw4SGlxR094TG5rMkd0a3lxWXJEc3hjWUZwTGh6Tjh6eFp5eElOcGxfVll4eHNFTTRyNHZ5c0ducFE9PQ== | Z0FBQUFBQm5fZGFrQkRuTlRhT3ZVYlQtZEZXOWxIbHJ3d2luMDZNY2NCUUxES0dsLWMwXzUzVE1zNTgzcXp5OGxWMGRUYmMyT0p2eGF5SWZKaFZYc0FIMEN1cXFsbC1rOVJpZlVMelhWNzlNVll1dXBPT2tCSjR1N2w4UWhQWTAybTM1MW94NzVjTkdxbzExMzBXeVpUTlNVZkNIZjJGRzZuX2tFeDFpVXNjNXdpU2J1QVRXOVpCNjZJWHNRUUZkTERhUUZvNlpxQkpfdk5fbU0yUXBwdHRCdkVZRjJudEhyQT09 |
You need to post record profits otherwise the stock does not grow. Also if a company misses its profit projection then the stock will tank.
There is no incentive for a company to increase its wage budget. You can increase size of the slices, but the size of the pie is fixed. Understand doing so will make some people go hungry. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqSWVPbkZVdlFmdUd1WjN1Um16UFF5WExGVVpCOU9Lck5XT09PWGk0ZjI4aUQ0Qjc3ZGtmWC1ITjl6SlV3VUJ1T0VvNk9JTlhmTzI4UW5OTmZmTzYzOGc9PQ== | Z0FBQUFBQm5fZGFrX29pdGNsMUplX0hTYVpORnFkMlNWRXQ5TDlFNzV5RzRnVzdoR1dIdGNMSlZPa0RETWIxdEFKT3RENENqdlBzQmRKZW9WR0U5T3F3eXAzWHd3ZWdKR0RJeFZPazBKN29hbF83X2p2UFpaSTJKS3E3TDFMam9IcHhIU2QtU2t2ci15OGJFQWwzcnpVWkRkNDM3Wm9tTDdRMmlaUmxZUjE1MjU1bzZHVFg5Yk1INGItSk9tOUpfdmk2c1VTRzZpLXgzM0E1LVEzSS1EczRxNk5WalMtLWpnQT09 |
If it puts 75% of fast food places out of business … there would still be too many fast food places. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqUU96VjRRVTAySElSMnkzU0JIN3dGZVRjQzdaOU9YLUxGS3NJZzJ4YU9UVng3RDBBdm1YZkZNRENmOVVpSm5iZG9LZ2RseTlsc0piSXlKejYwWnVWS2c9PQ== | Z0FBQUFBQm5fZGFreFZucEw5VHF0d19jSVg0aFluTU0zRGZhS25CTzJDdWxCa0ZlMGw0WkRGOGZuZWZUOFRLYVFKRDFyQzZSeWtBMUJCNE5zaUx2YS1BTTdUdEZwS0lQSFQ4elNNbE5INmp3emFOWWJFOHdYRFhLUDA0ek1qZnZLSUdBeVdTc2wyOW5iYjZ0SEg1SEVVdldkRjFYaElsWFIteHJ0YTVoT0l0MVphYUtkcEVyY0ZrNjZnVVlvZFdCdWNlYkMyVnoyTzBUeGFGc0NSSUJVd1JEUlhjd0ZuOVZpZz09 |
There are a lot of incentives to increase wages lol.
It's pretty much been proven that good wages lead to better company loyalty, higher morale, better productivity, etc.
Most companies are just too short sighted to look long term and focus on short term profits. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqQWxXQk90SkdDWGFfMUhZT1JiakJNQVRVWlhpY3RjeVVxcDFsak9LNVI0eFJTcXptVVRIUEFNRDE0a0pUTFBHQ0JTZ3RpRzdaellpRGhuM2QyVHZMOVE9PQ== | Z0FBQUFBQm5fZGFrX3hIN09CT2JNdmpYckczU1ZUZHczb0prb3NCOHJVU0poc2U0NFVUb2FMWjJFYjh5Sjlpd1IzOVd3bmhUaF9kZHh6M3h1T0I3Si1OcHdKUjM1RjlieXJRS195NmcxRWRRellfN1pyRUJwQm9DZlNJOTcxZmRwcWV4VDBNTkVpQjFnZllPOXhHLTdrOTc5M2xDa05scUstQ3lwVDM5SlJiVzJySTQ1MHY2R0VOU0t5bUtHeHBWTFRsOHM5Q29QaG1UWG1uUVItSXREUlluWTUzWVVmQmlydz09 |
I’d like to see the individuals on the council as well. As far as we know it could just be people posing as “for the people” but just as easily bought off as other government members. They’ll set it to $15.50 and say “look how much we’ve done!” | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqdE5zWjBuMk5rcUI3X0h6VjRmbFhWeS1qd2dXbHh3el9OdXYxQTI3Sm03LXNac2Z3SjY5cmJnbkxYVjdtOThRYTBJaDJ2S3k0LXhaNTgtVnFQRm4yQXVuTlpqUk1LUzhHWWNQOVZON2JnZGc9 | Z0FBQUFBQm5fZGFrRWtUQVFMY29oWG4xcjgwejBiV0VWcktWZThNb1M5ZUs0aGU2WkplTlMwZm8xTWZYaURhS2NoVnhkbzJvaEcwMEs4OVJWYUduVzcyNUtWVHRwbHF2TkNxSmhnYkJXRGF6Zlc0WVAzS1lpdU4wMVNQem1zdFBRVzlpREhHSEpKSXNLUGNCaEVGWVhmdGd0aUNrQUdHTXNJeVdXRnd1Vmtqb1l5Y1prZnZIc3RVblo4RDZwd18zcl8ydXhnbnZLTWt3WlFSNHhtUUZpMWNlaDVfOEhUTjM2Zz09 |
Agree and disagree.
Yes, safety net programs are costing tax payers money - I don't know if, in general, businesses taxes cover the cost of the government facilitating these programs - but I generally agree wealthy people and businesses should pay their fair share into safety net programs and/or pay competitive wages (which could be $15, $22, or whatever the market dictates).
I like to think the majority of people in poverty would prefer to sustain themselves, rather than rely on the government. So, on that token, I think a low wage worker would pursue a job that paid more (ex. $17 p hr) if it meant better long term earning potential, than to work a min wage job with government benefits. And so, on that note, the government supports are not detracting a large portion of low income workers from pursuing better paying jobs, unless they don't have the capacity/resources to upskill, lack ambition or guidance, or something other hurdle.
So, setting a high min wage, in my opinion, will be more disruptive than the current (or maybe I should say, pre-CV19) safety net programs.
And yeah I agree - hopefully the US will overcome some of the recent division and find good moderate policies moving forward. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqZXNRUzIxNC1zZ0pNbXhzcnZ3VnUxdWxkdklfanJTOENkajUyNl9yYzY0OWdMcUlydEZFWUplaFE0NWF6aERwbC1MaW5GSV9rbW5yNHI1cFZ5VTJaTWU1MXd0dVY2bV85ZUg2YlZXd3hUUUE9 | Z0FBQUFBQm5fZGFrWjdEZTlkMnY1OVU4dTBObmtXRnRQTkR3QVVpbXYyb0d6aFh1dmpBdi1hZ2IyeFlTeFZPQm42LVF1MVBFaGNaTVdSTXpHbDFqNXpyZXVSVUE5UXl0UXZudjJYSHVGcWpjakJ4aWtTalhQS3g4R0VfNE95ZlJKVWJNdGlXRmxOWWtUdGRTVmVjRWxYbHZfZmxqaEtuemU0ZkpaYjB5c21ZeWJzVWVwMzlWTUx6enRsNU9PVExpOG1fSGkzeXpNdGgtdlY5WkZvbkVvM0x4akJ5UkZwQWo0Zz09 |
I don't understand these people. They just ignore facts and think money comes from no where. Without a law to stop these companies from increasing profits of course they will simply charge more if people will pay for it. Then every other place has to raise prices to keep their employees. Would you rather do hard labor or work at McDonald's? This just keeps going and affects most companies at some point. I don't even know if it will be a bad thing and it probably won't, but lets put the facts on the table and try to solve them. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqMGZ3S2dFYWdnTnd3a3FsRzJWUkdwLS1ubXQtYTJPZmNvbndGSERrWVBwZUJ5TzVvX0lCNnV2dEVVSnFFc0hKaFBVZjFHOHV6NW14ZHY4TVdpNlFqLUE9PQ== | Z0FBQUFBQm5fZGFrMTFwWmZMcFNfN3lvYnh2Z0pmQ1dqZlpOQmwyVlhMTFNNOHJBdEZXVVoxNDBwNEJLNU1iTmZ4T3JuOWNmX1VoU19sT1pjOXNRQzBOS01Jc2txa0JRUHNfRTNhYTRIdUpJNjctSjR4Sm5DS2NMRUxKZmRjNXQ2eFhQVGJHaDd4TThiVTBkLUs3Tm1BbzJTWjR3ZlB2aVJIdzZKOE5OMnJqV1dodVVIS0ZjTHBFemM3MjJ2ekxrSGZ4NndCOFJoVWhuTmFjMHRPU2xyd2pzTFU3UVgzVm53UT09 |
I mostly agree with this and see it all of the time. What's funny is that a large percentage of people will be pissed if they found out it would affect their stock price. We have actually built this house of cards and older or more wealthy people are standing on the backs of the young and poor. Most of them probably don't even realize it, but all of these retirement accounts are focused on bringing in as much money quarterly as possible. You might actually be hurting yourself in more ways than one and not even notice it. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqNDU5YXR0SjZmS19lRXlFTFFYbUNELVNkcVBIMGVvUGRFLUNZNThZVHJMTGRKLVE3UEpxbUR2Q0VoaV93RjdlYUJYVllYWEtIbGVqalZWQW1zMFBoeGc9PQ== | Z0FBQUFBQm5fZGFrU0dnWTdKTmJBX0xCazNRTUg2b2RyMmxLR2Y2YVVyY1FmdUNhT0pacWJsRkFvdDdMOG5SX2YxR0pwZFd1RkR2U0pRMXY5eV8wRUF4Qnlnb2hzeWlCcWE4SXN2V3lmWmNZa3NXenhsOFhaTjdrVnZFRVRkN0tJOGZ1Y1U0dkRPZWFhLTE3NWNvYkszQTJ5TzhjSWJuNUhzb2c1aHZIZ1ZOaGJtcFJOaHdaQkxQUHFDY0xtajJXSDFraDBvcjBUNFdvcDIzdU4xbHF0VC1SSUh4ZUZNb3F1Zz09 |
I want to see an actual study on this, not to mention that these are very small wage increases and not $10 dollars. They are so small that other things could have influenced the inflation rate more than raising the minimum wage. If I had to guess the government would also try and prevent inflation in other ways while also raising the minimum wage. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqQnk0NnkxZHlRRnh2N2dZallIOHBGN3J1Q1V1cDA5b1VXNjE1ZVJWY0NtSUVvRGFjVjYtRUxVQnFxMEkzcGFGVlBfWGtqRVFzcldTbWx0OW85a0pZWVE9PQ== | Z0FBQUFBQm5fZGFrSkJnakFCODNmb2RfVDRYd19mQ1p3VUJsS2tsNFQwZVpRVzVNRlZ0VW5FcGZTOXM0bW5RQVlmeEN3VHNQUkRxcjdxUnJ0OWIzR1l2b2VwRmF5TDF2NnRpOUFtX3JOVGlLYVMzYkdzYUpjOWxPSHBzX1FOS2JWNmctTEZ0TTF3WkZpeXREYVNGa1d4YVJZTGZ5SWtsTE1GTXQ5MVI4Q2p2VjFXYldPa3k3X2RTYkFvNkVvQVpjVU5UeVYxSFJMYjVpWFU0cXlTZUpLTi1MSHhsWndkbEoxQT09 |
It's possible it doesn't, but I really don't see how it doesn't decrease your purchasing power. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqZVVJdExjd0NOckxuZE9UeVhsUmpaYWhoZWJHUHJSR2lMTVc4TjB3RnVlbkVIdTdhOElldnJZSEV1MWhxUWhQZUotSElzVi1sM1hKbE9IdE5UY0VGWEE9PQ== | Z0FBQUFBQm5fZGFrY01kMGRJU29zQ1BOTjExcWZwZWFnR0tEYURlb1lBQ1VaNEJSOFdVRXJIVWxmSE1IN1lWMkVxX0t3SksyQy11SGFlNnFBYmt3UzFJUnlhNXJTODl0N1kyTHk1MVBTYVA0bTduVGNKMlUzNllGb1BHMmtjelJyamw3RUlRQVIyYlZmUEhWdVF4bTNwTnIxWHB0WC1VVVg4RzNRcEVQbTgzNndnOWJPZDctMG5HX1ZzdWUzNUpKb3lya3F0SmMwSXF4RUxTWnpqLS1YNnc4ZjFlWnhCNDFxUT09 |
This is what I with my limited knowledge think would happen, I think it would be a higher percentage, but still probably better. Why can't we have discussions like this instead of all the other nonsense like, "it won't affect anything but the companies profits." | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqVllHTC1hako5YTY0dzREMHdiRHdfUU01WEVhRFVZOTlROHBEZ2VjSlRqSHhfdG5ES01DOE02dnpGRUZCUnhiOEpNMjJPNkxBWlJYTFliVFczYUpWU2c9PQ== | Z0FBQUFBQm5fZGFrdGVYS1R5QmNEZlFEa256am0xOS1FdEkzMXRPNE44bE5SUnQ1MURVb1FqYWJ0NkVMZEZRZC1OOW5tc19mM215b1RaZVVvb2xYa3N4YzFDTl9qWlVnZko0SHFSYURWV0Q5UGE5czNjbFYwOVMtZFJmaGxxWkJLOXNPbEp0cHN0SkhRaWRvSDZscnpUOEtwd0xjTnE0QlRDaTRKV0lvaV9vMEF3UktiTDdYYlIySGVEUDVySTRMWXNWRHJQUDBkUjVRcFh5Y2hqcFN2MmEyWEMxRlM3a3N1QT09 |
Drop in the bucket compared to Walmart’s **$500,000,000 in net revenue they posted the last 3 years with an almost 18% increase in profits over the last 5 years.**
Way too many overpaid and useless managers.
Also yes, why does someone need to make $500,000 in profits just for being rich enough to simply own enough stock?
**For that reason the common worker should enjoy less rights and gainful employment?** *So that the wealthy elite who invests in the company can reap benefits and not the employee who in part makes the company?*
Some pretty ass backwards logic right there on top of mindless **”It raises inflation!”**
Dumbest shit anyone has ever said. Inflation goes up when we **print more money thereby decreasing the value of the dollar compared to an ounce of gold.**
Not when we give more money to our citizens by raising wages or providing better healthcare. That helps everyone by providing jobs and services people will use instead of **concentrating wealth into elite investment groups and severance packages to CEO’s that rape their colleagues and are paid $10,000,000 as part of their resignation.**
Gtfo here you societal leech. The rich are only rich because they have people to make money off of.
Business owners can only run their businesses because **people have to eat to survive.**
But you know what we don’t need to survive?
*Rich people and business owners.*
I know sounds crazy right?
*Would you believe that most people would be content farming their food instead of slaving away at a job for your for wages that don’t provide them with food or adequate housing?*
I’m sure it’s hard to believe but yeah most of the world could do with out people like you. As hard as that is to believe the world would carry on.
👌 | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqVVRRSGJZaGxvOU9VU2lpSHQ2d19rdEZYZjNJYlNwZWZZZE11ajJ6d0NBZVdfNWY5RWxjZXJyTU9yb0pTZWhETHBmdkNQdkJQUjRwMVZ5a0NubzVLLWE2c0duaVpRZXFvUEVlSEExejVVaHc9 | Z0FBQUFBQm5fZGFrMUJobHFJMmJKYlRXMFdKM0lwZkZpelJhOFExS3RYM0R6d0MxRnlVenlDZHZyMEdkQzR4VnRWek4zZlpyUjhobzUtTVpDR1dtN3JRVVdhSFN2NEwyNDVkbTV2eXc5bFZqUnkzLTQxR2Z3LWplbTliRlp3RHZfdnl3alA2WElsbjUwTDVxeTVYZWNFZ1ppWG5iamUxZlpRV3I2QTQ0b2hjREZYVFdpRjlIbmJ0X2FaZXBick9nRnNCaUxRRVBEVVFxTkhyaFJoRHVNaFVRRWFXajJFWjMydz09 |
My wife makes about the same and we opt for a small apartment in Phoenix, AZ for $1300 a month so we can afford to maintain a relatively newish car we share, take more than a couple of vacations a year, and be able to put away about $1500 a month so we MIGHT be able to afford retirement that's increasingly looking like it will have to be taken in a different country. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqLS1FbVJyUE5PVTNHNjBHeVplTGRyWVJFekk0ZE1CVi1SVG90Rmd5NnVSTks5VVNPenFBTUpOYmNCNG1KV3plTlAyLUxjbDlPS2ZsUmpfNEtOVTJpWVE9PQ== | Z0FBQUFBQm5fZGFrbF9mYV9vOUFFajJxVVVCWXh2WTE1MHpUSlhtQ0xJd1VsaC1kX1lNMUZGLTlhbVI2ZDBFa21obkp2NzJxaHhYUUhHUE90TDhTQmd6TXJvSV8waHhLeFI2aGNqdW1VbG1IOWgwZk1rcGFGVHVIc0ZRR1M3QzkxVTBXV01kdUdvU3hjRDZWcUNvYWljVl9WcTM3ck9hb3Q3ajlMcW0wcDh6Vnl1djlGNDUtWUNwMGc0NDdORmFaZVBmME9VckU0S2ptcFQ3TEFUUnQydUhXNnRUemljdmxxQT09 |
It really depends on the industry. For direct sales of manufactured goods, where I was in estimating for about 5 years, we generally set our price at around 3 times materials costs. This worked out because labor and overhead worked out to about the same as materials, and the other third we'd like to keep as profit. This isn't necessarily true, but it's weird how many times I did the analysis and found that labor/electricity/rent, etc. for a job routinely worked out to between 90 and 110% of materials.
Across industries, though, you'll see the rule of thumb is that wages should be between a quarter and a third of your sales numbers. If not, adjustment is required. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqT2NaM004N0F4MmRER3BlWG5MaDd4cmtuMXYwaERKbVdzM1IyTHN5VVExVnpqMFR1djE3SGNja1dWckdZZDh3TnBaM0M5V3J1YUlqdnd2aVFIU01JY0E9PQ== | Z0FBQUFBQm5fZGFrWWM0ZUxzLXcyY2NaQWFoVFJVR2prQl9wdFdUcDBrN3JnNlNJQzF0SEJ3aENJeHVzMVZrc0haWmpDN2JEbkEwWjFKZ1FYbjZiQTV5bDR3R29ORndjS1VpbFd4LU5nUFBwNVV6VXdUQzluMWVacVU4WVYtUjNUZUlsU0d6OHo5eHJFVnZOV3JQOVBfRFNVVTFjRlQyeGZHaXZIcmlfdlYzTmhWY1RxXy1aQ2ZSVFdkUktPcWYtWGkxUGl0Q1paWjFCU0t0ajduZ0Ntc0hIeUVmZUk4bFhxUT09 |
I know right. They should be decreasing the pay. In California it’s $15 starting. I say cut it in half to maybe $7.50. All these outrageous wages are just worsening inflation | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqaW9PY0ptbGZsZzkwTkx1V3hjQklEa3JLLUlSbGpjOU4tdUlBdzVSWVdFQkcxMkJybExJY0dTQllUZjJMVDQwY25DUTlRNGp1QUxDSnF5ZnNLUUFnQzhOOGdkX2xhbDlzY2Y0ODZYa3RYV1U9 | Z0FBQUFBQm5fZGFrWE05dHM2dWVfMTRfZ1FLb1c0LXlqM2dLb2RCbWQtdVEwX090amk2Skl0X3l0bUdqWDF3RXpUTEFUdk05TmZaSVE4SlhmeDhzemswdWl1Y1VEaTVWR1NIMDVna1VqdVppUEQ1aXIwQkFFRE1pWTVWT09CRlIzMkstdVpqMnpzeVJDcjR1OHhjX19Xb194OEhxVEpjaTd3VEVTWEc1bmxKOURVcHRoVmkycVc5aTRBand1eGtidklHYVR5NnV6emlKWUpjYk5OMFN1UjBIRi1scmFJVGlDdz09 |
Here’s an idea. Reduce taxes. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqWWUtdl9aYVdRakkxSkM4Q25tZ3IwZUdWQjZEbU9OSHJZa1JveVIzMnNScUF4QTd1eUJVcjBfT0E5LTBvNVp3SzFNanpWaXZwUy1PU0xMRjJodXBEM0E9PQ== | Z0FBQUFBQm5fZGFrbTh1Wm9oYi1FbTdqb3NrYjV3LWJISFp4bU5BcEUwOGRPLVhkOW5PSjAyUVV3NWQ4RkVRUTZkZ0plZkxKUVM1bnRXbFZTbkpuck1XN2hBOC1UMFRIRDNOeGlsaDM4dEJqaDRFZ3FlVHJMRTJTcUxLSzNEa0RnYVpkekVFOS1za2p2ODV3U01zdWpNRGhDbUNUd1Z4eDFrRXhXbF9TWlBVdmd3TUZOdGFFOVlrRUJmWlR6MXdQMUt3S2lmZktaNFE3eE9NVGRzUmNOTk4xaHU3VGUwLXVfZz09 |
Isn’t that a good thing? Rising tide lifts all boats | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqZ2YwS3JneTdhNjBpYXV3V1djdkRKLVB4elhKa0FfMTRIWWNJd0lnOU16d29xTlVMVExmZEVwUWxXNjEzcVJPR2VFYk43ZmpsWVV3YUhDTnFCR1Jyemc9PQ== | Z0FBQUFBQm5fZGFrMDU2VTJjRVlwRGVjaTRBRVVxVU5VRjVNM09JelpPUjdmX3hGV2JNX1lJSTN6aTFWbVE4X0RiVDBXQXljZGg3bmpuZzNTVXZWZTV6S3REWFVncU5Jeld3d1VjNzdPN1RPSG5WMHpodFc1NTNvd293Y3FrNkhyMkxOUkl3ODIza05yTWszTDI2OEtPUkJ4blhpczhUcmlUc2Zja1NMbWJXY2Q0WnZCdHhqRERXR2k2elZBRWpuYVJISEJxZVNzUWRPQkVnTEE4YkQ3ZEhYUlJOR2h1LXAzZz09 |
This helps no one ,including the employee who will pay increased costs for everything from housing to food , without turning to socialism and having government control over profit and corporate pay all the increases will be passed on to the consumer and the prices will drive out most buyers . Maybe the entire fast food buying process could be largely automated and enable significant reduction in employees . | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqb1dzTkM0S1dVallyNEJ1MnpBLVZFQTU3U1lXbVl2VnlvcmlvUU9yUlpoWWZYMXBOalhfLUdtNEEyNHdCem1aLWRZbUxPMWNMUVAtMU1Yam1Ia1pKd0E9PQ== | Z0FBQUFBQm5fZGFreFJQUjJEWlBQU19JZDhUZDBJT1QtTFNVNS1aQV94c0sxcFVyQ2VPa18tMlcxR1FoZEJiZlpRNURUZzF3T2E1bjRqQXJCWVVzNzF6RlAzNmttUVotQmNKaVdKcXdNaUhiY0tqakJlOVAydEJyTDBOSUJkX0VjVGlzNWNlWkdtaUZJMGVWZ1hCOXo5c0E2Q1l5Q2Nqem9UaDVWU3k3WjRFRVlaeWVDRUZ3S19qVGpFUkJVQ2k5dkZtTkUxbGhlZVVrelNuellQRlNmdFE2WGphdnBtZEJIZz09 |
This is just business brained. You’re acting like whatever money they make now by underpaying their employees is unquestionably fair and just.
Fix pay—and heck, don’t just fix it now, give workers more meaningful rights so they can keep the fixes to pay, or even correct their own pay through collective action—and the rest of the business landscape will adapt around it. It always does. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqdHp6aHdIRlQ5TEl6SWJlV0s3OWVBMGNGOVV4djJvOFN6ZzJOYlNOcjV4b3ZKZzdpLTFrUjREanJmT096a3k1UGhfRWZGOUVndTNkUFB1WmhueVpLVlE9PQ== | Z0FBQUFBQm5fZGFraXZSS2dWcGhrQ1ZmeDV1c1p6N3laM3I2WFdSbVZ4TUJtMjNpekJQZF81Ym1aUkprSFpQN1M1c2NJNlBxbDc0a3M2YWpZdHk5RUhzVkF6cnRNLXh1Zl9qNGFWLUx3Y0E4bjYwSmRnT0lqbzJJQ29qZzhHNWFtWlhybW1KR3ZyU3VaMEdsWFI4ZGRCcTkzSGxfVmxQaFdhdHpBX1hEcVFBb18xVUs5Y2N1Y1VQN2NaOHNNMW5HY0hLYVVzTnZHS2pzbXZYQ19vaFJBeGQ3LW1fWlJPaDFnZz09 |
This comment is a perfect example of even if you have money and can do math it doesn't mean you understand anything about the economy.
> franchise owner who paid $2 million should lose $657,000 a year?
Is no longer allowed to steal 657,000 a year in wages from their underpaid workforce
> I guess they should just close down and nobody will have a job or a burger.
And yet franchises all over the actual first world pay their workers 2-3x what Americans get paid in fast food, with identical prices
Whatever 'but muh textbook economics' argument you might have, save it. Real world data has proven you and your "let's steal from the poor" buddies wrong in every conceivable way, and the only reason you and yours still make these terrible arguments is because you're either too stupid to Google and fact check yourself, too stupid to realize textbooks aren't real life, or an intentionally malicious parasite that's too much of a coward to be upfront about your beliefs. In all three cases, you deserve to be legislated out of business. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqanZ0bG9SaDdRMVhDTFd6VjkzS1dyYXJITVpuenFQMU8xdG1wSHYteldNR1RzdjRwNGFQRkNQUkFDUVlyZXpmWWYzRmpaYmIzWWhpSHc0ZHdJTGdOM0lIem9ZOVVxdS1XQ3V4eENXQlJmSVE9 | Z0FBQUFBQm5fZGFrM3AyMUpHUHd3b1UxTThscTRjcnBLUmRTZDN2WEl3cWVwelRVV2M4U1c1Y3pVbnM3a1dHY29PcVVkZG5kTXFfUHpVQ0psNG5nZ24tcFZobFcxWkNqRkZoNE9VOU9JSGdSUURyUWZPLW9WV19lOUZjTzRRejBERllnN2xZTUMzcC1TZm5pR1NIVGNaZFZ3cWxsZXNrdzhfRFJQeVpMbVBINVpwMHhEbUxIZkQyamlLUHNmSHFlelBXUEhaanY3NnE2ZUI2WFdUZUx4c3B6V1BaaTlYSlltdz09 |
I guess you're one of those malicious shit bags who thinks stealing from the poor is a better way to make money than doing a day's work in your life
Edit: stupid fucking coward couldn't even stand by what he wrote. Typical. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqYllSZy1yeXZ5X2ZvWnhYck84SjBNUlZmaC1odHl2ZmFjb1R4cnFua0FLcGo4ZE45dWgyS0tGY3g3dFFJdGdKQWV5WFpjSWJHY1RjTTdWWmM1Nk1FWkdyNkUySm5OSmxpaVM2WTJDSDNyUXc9 | Z0FBQUFBQm5fZGFrRG9UV0psdUZUS0hKOE1MelZNcXk4dGtmWTl0VzNsMXVDblJ5N0hxR0JpQ3lhRHdGSjNULVhlNUJzTlpxN2xpMEZjRGdMYXpQcE9ISEczYmpyM3p1SE8wZUNUNHpIMEp5Q1YtZzJJcllEb1Y0Sjl3NElyMTRwb3A3em5TYWFDazVqOWlFeVFJODcwUHdVdFRXd1hmZTlaZ3hua1JocU53ZjNHblpGT1hObHJQUGFiSTZMNFlzdXhuV2VjblNKN2lBSklUdVVYMVJlSy16Y1hMeG5aZ010QT09 |
Jobs should pay a living wage, no if ands or buts. Idk what that exact wage is but if a business can’t afford to pay a living wage then the business doesn’t deserve to live. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqNUp4NFdSWEpQMlBBUDFOTm1NZmljRVh4dHcxMFZZOEl0aEdEZmJqbjFtcThRYXBidmYxbXV0UkdwNXpKQ2JxYUctS3M4WlEzQnJNNDh3ZmhLazdtR3c9PQ== | Z0FBQUFBQm5fZGFrRFk1cXJLUC1mZjNiYWN6RzkxNURIWHlwQ25ITGZwWmR5SHVPMHJTTnVOU3RlVmRRUXdrWUNWbnptWWhFVlpHS2hnVWhGN1U1QjloLXB5NjdDR0RIbkU4aGNHZEhNSmxjeTJtRGlRQ3NoQkp5R0lPVk54Nk90M0FYdnA0aXVkWVBhUnVHeFo5c2pLVUxrUkkwZkRjTzZIajB2RDZlSkR1bWdnTDZhREJVQ0NGRVNlRlE5T0xkSGZ4YUV6YVFYNTVzQ013NVF2MUNGS0RELVhoSlg1TjdlQT09 |
If you're a construction worker making less than $22/hr it might be time to move towards fast food career.
Honestly this probably harms low income workers because..at least in theory..more people might consider fast food employment. combined with the obvious reduction in jobs there might be more people unable to get a job in fast food if there's an increased supply of workers (which is the opposite of what's happening now where they can't find people to work for min wage in fast food) | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqcDNCcHpwUjEzbGRCSk1FSTZESXMyVkotRzlsdnZxbUxvelFHVFVRbEVfY0lHbC1qeXdfUWhiRThfbElDOEFuQnVJTlBJY1lZVFZ2UEMtczlRd0xDNVE9PQ== | Z0FBQUFBQm5fZGFrdjlXbThJbDZMZTZrcWZSeEtfdVl5dGdnUU5QZHJsWjJWbGVIcmdhTDJ4eE1pS1hhcXl0cEkwbWtBRlI3NzZUbldxNkJGdmwwdkJEajNMdldRYW1lNUthX0lvU3ZaM01pSkZGemRLMlZPVlM0eHBHUndLaC1qc2pDMGhURWhIQmFybk9xNjJ0UjcybDRBVjJCeTRzc3hNSEh3SHQtVEU2X3Z4Ymtfak1fUjJaUUZ6UEpEMjhrUUxXU2JzVzk4bndNd3ctdm9CYjk3RldrWDNHSTktRVF6Zz09 |
I bet you have a better benefits package than someone at McDonald's | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqZ1l4azNSVjM5QkFreFZGUFdfRFVhVXZ6MjR4SmNhazlnSWNLMC1ma1ZSVENpX0tsdzhUUnVoWDMyQ2xhOU4xakpPUVBfYVNBOUZaaWppZU1LOFBZMUE9PQ== | Z0FBQUFBQm5fZGFrcElGQUtYVWJodlVBVXdtUy1jcmk1M3F5cmRieDh1am1PdmxMTGxDekxxWVoyU1pweWdHZ19sdTRCa1g3XzJkX2ZpbGJqdUpJRzhmOThCSEM1QmpFUzdlT1RpYjhPSW15M2gwUHl2RGdXMEVvY29BaXNMSWFjNG1PcGI1RmR0RE1UYWJndFdERHFmTmxQV1N5NzhXVmtqUnBlcnVWT0o1SFppY3JaSzJ1M2lsVDdOYXlHMFVMcHlseThwUmpxa1U2dE1EQ1d5N3pCcVA5UjZKSnVPQnNFUT09 |
Good incentive to not eat that doshit. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqbEtveGwxa3JUT0p1djZUY2xRSkZVZldPQTJCNkZmQjU5R3h2NjZVWC13S1lwQzdGeXFwc291Q1QzN2lQVHJJdnBCX3RyOU9uMlhPSDh5NV9JQ3dHZHc9PQ== | Z0FBQUFBQm5fZGFrZTd2OXNqclk2WHpRMUpsRTBtdGt2SUlJeHh4LUpFbmNieWtTVllaZ3ZwMXR2QUdaYU9sTFlfbl9LSTNYQTV0OVdwaDI1QW5xVDFCVlFCOHZpNld4cmQ3cDVPZ2ZDUV9lM2FNMjZkYjl2QXRiaUIyY3dCd0JER21LeFhiRnZUMU1TVGJLcXFlVkdadkZRZ3c1ZnpMSjRjWjF2NkZhMWdqc1dRa3lRQTRyZ0RKQTI4V0wzV0VOcjZ6NENrcC1XOG1wRm9GSGxfX2NUaV9MVzNfb3lIeE1nZz09 |
A company that can't pay it's employees a livable wage does not deserve to be open. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqaE9WRTBtRG5QQXVpZFFRRVBhVU9TX2dlVUxRbm9LREgybUYxaUJ5aldKa1ZvdFJhSGVFaHlGZW9vN0hOZkRheGhTRTB6R3dua2Z0RUZoSm9FWWQ1UWc9PQ== | Z0FBQUFBQm5fZGFrQmUzTDBLMDBrRU1mY3kxYUpGRG9QNFUyRFpsX3lBWU10WFdyYktnYXJhVGVwNjg5d1p5WkMyRG9FNnU3MXlkdWxMNXRDRGt5Q1JKOFVuWGo4X1VUbC1zbzVZem43T3pMMS1ucmVCX3RrbDg4ZHhmaUdhLXgtYTQzTzZSaG9LM1pSc1ZsNmgxMTBjVGVWamwxMWQ3NHp3cG12OFBtblJmTl85amJNM1B2M1A5M3daci1mbnY0cF9PN1ZKNVNwU2ZyMXRubjAzNE1nRzBoU3ZyMmN3YjBwUT09 |
The implication of this belief is that a person who cannot justify a "living wage" does not deserve to be employed. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqTjMyRWVKY3otdXRJaVVIMjNSZWlPbWs4S0ZDWlZTX044UVFVemE1bWxSbFZHV2E4d2NFQzBfSm5Ld2ZJRGlGRVRaYlNUdnlRZjFmdEc4THI4clFTYWc9PQ== | Z0FBQUFBQm5fZGFrUHNzUUFjWm1qS2hUX3lIdEJ4RTZLOEEtdkhIN3hIR3B0WnJlOVh2bDJXWmhRS08zUXRZaHUta0x2aHhlRU9tYV9BSzFIaG1acWtFN3lLMTR6bzMxdWVyclhud25KX25tem9famhLVFllZ3RJam15VWhHeTZIZXRzc1BnU29DNGVIUEg4UXpNNkcwVDY2TmtqTnU1TVo2NmN0MTdkVGFIa2M1TnZTTzlCRlpNQnJpVzRtbjJlZjliVER2QUtYcjdEemhOa1duS2g0NXBfbDhtQnFWUnRYUT09 |
Sorry, but your previous comment comes across as being against paying more for these positions.
I think $15 dollars is more than acceptable for low-skill retail and fast food service jobs, in fact I'd be okay with $17. I think higher than $20 is pushing it at the moment, but given a decade inflation would probably get us there anyway.
If that means plumbers, electricians, and carpenters have to earn $20 -$28 then I'm more than happy to accept that. Anything else is a slap in the face to the foundations of our society. It's disgusting that Walmart receives so much government tax subsidy while the corporation refuses to pay its employees livable wages. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqRmxNSDNLbWdQaXMzc0FvTGVyZDFGd09keGdLNkxOeXYycHVlN2Vpa0daejNzbzNQOEZEMVlzazZnNG5COFVyR090czhnNWw3MUU3OWRydGR3QkVZSGc9PQ== | Z0FBQUFBQm5fZGFrclhrSWhGTkhZQ1cxRENyNTZVRFpIaDZYcGRlWm9Gd3liWV9rLWRpVlIzcWwydVNwdVBQSUpuakxqakF1X3ZkeUc5SnJ2V05WQzQ4WXd4WUdxdV9vd2hzYllYY0pHMmtoLXlmRk5TcjNKV0lIZWdWX0IwMDJ6ZjNrdlk1ekUtSkcxY1pEUFNCME9IeXN2YUhSaFhiSjBocFdCYV9VZV9FbDRkT0hJbjQ5UkNxdWE2T0xubWw3dU9OSDZtUkRxTGwweGEwRmNZTDhEV3ZUY3VfcXpLSC1VUT09 |
Bad for business. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqT2k4NlpySzRzSFZZSjJYaXJjb2xDVVcxQW80ZGtmQ25MWThWLTdaUloyR2xGeWRXN3ZzQ1NYbmxGenY3b2ZwcWlyUTJLbDc4enh1SnIwMndwNE5lM3c9PQ== | Z0FBQUFBQm5fZGFraU5MRUx5QmdDSnVZb3J6LWNJWFZ0NEhkcXdlS0hqNGRhclZvb3VCRmQ3R3R6YTA2bkdxNFBjNGVUQnowX3UtV0FEd3dMal9kNnNRQmNDbl9CTXpYVTdiZ2NTZGhjUlRrNFJkcXN2S0xzdDNiWjlOX0M4a3JDQ2NkWnhqbHVFYS1UYTNXZnJkUjBTMWctcDAtMkVMb3lRR0sta19zZjJaMVI0d0R5a1YyZTltSmtPT3hDa2Q3RGxMOV9mWC1LNG5HU0htZms0T29wRzFOLVdfekRjRjdWZz09 |
Stay poor longerdickhead! | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqNVlYQU9YT1c5dTZXRHVzM1FuT2U3eGtQV1BDRWZVWTYzWWRzQ0phN241YmlSQ2R2WUlwUXdDV09xdGFySS12b2NiOU9PRWQtN1BmVmduUGlQRUcyWkE9PQ== | Z0FBQUFBQm5fZGFrTEVMcFZNbkxBTmg4aGpjdmFNVFhzVTMydE1GdVd6dkFVeE9jTlp2cVNSYzAtTmZYbWtjcll5NHZUdkdJeUM5YUhmTDN3aTB6bXhxVDZDaHdpYWNteVhlazc2WENOR2JYNS04ZFdDY3lMVWJLTW5qMG5nN3dLQTM3bFJ4UTQ0OFZXc09ISXpaUElnUjBjUWFrVUtWTzByVUpUNnhlS2JLX3dMUTROel9CU0pITVBDRG9pS25vMko3Wm9nYzJWMGtPa2dIajFrQlJXWEc4VkZMcndCUUVKQT09 |
No comrade | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqS1hLdG1SdGVoVGNGLU05U3pWWFVNU3RJYy1RV2lkTW9hREN3QVFQZXRhT0NFVTcyRU1TdlhNN3dkNWhiR1o2LTktSThiMEZEbVBLLVlUeXRjdWVKSVE9PQ== | Z0FBQUFBQm5fZGFrdzV3R25td2xQMDRESWRCMmVITVlDLXRFemJBUkgwcXhtRWMwREJtOEwyRHJWZHhMYS1xRW1nbHdTLW9aUDRzMWhCa0JWZ0hFZk5lMjBWQ1dhcFF3YVdzRlNnd1I1cmUzWTI5VEhfOFpjWlhjX0RhQUlUSVd0SURmZmZYUGdnSmJDYjRCVjA4YUdrclJSc1BRcktkcHZPQl9ZN0MzZExKR1h5U2k3YTRuMXJQOUI5MXFZQm56c1FlNm5NTEFXeFNkZ2JSa0FSQUNDTTNzc3Jwcmx1blFhZz09 |
Lol. Okay Freud. Project this 🖕🏼 | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqdDlhdE9rX08tVTFCTERLYVJGaVNUR21LMHJ4bTNyUzdoUkZ2TTZMMExGcjZkMXd1d0h0eDRFRnBwc2s3aG9pbDNzVkxpdUtENllLaEJQRWxCSE1faUE9PQ== | Z0FBQUFBQm5fZGFrRTZwQWxRU2duVjY2YktIVmgzUXhySDE4NWRYOE9YZF94dEtPRDdwZVFwRFNqSUlBazk4Q0lNVEhfSUlGWlhPc3hXSGl2dHhzYi1HQ0JrbE8wQjhUTzJ3aVpCNEkwRnZrNTUtcnRnQVA0TDY1eUFjZHhhaXdZX2hLaGk2U0lnZG9QM0E0S2ZQbmMyMk5SSDJud0JxbE5IaGU2N2IwTVlmUmt3YmhSQlZ5aUNXYm5qbmhpZGFSamx0LVV3Q1dsaG9QNnAyakdmZ28tM21UVmlnVE51YThsZz09 |
How many families will be rushing out to get burgers, fries and drinks at $25 a person so the staff can make $22/hr & don't forget instead of 5 people working at the shop, only 2 people will be working and going insane.
How many politicians work at minimum wage jobs? | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqNTdEcUJLYzh6U2l1b1J1S1E5UmFLRUd6c1Rkbmp0OWh4ZERfYXpaWEgwYmEzMmphdjB1NGxRQ3ZYS1hUWDV3cldHRTI3RDhzMFVwS1c3aVMyREltY0E9PQ== | Z0FBQUFBQm5fZGFraE1NVjhVUGI5U0NuSVA3dm9BbXU4eG9fNHhpNU5NMmFtckFpbGNTTXA4Ui1jLVRJT3hSVGZuYVRPY3N4RkVsdWV1LTQzSkZqYUdvSVZKZGFlUWxnZ0kzRmp1TUtORTRTQVBUVkdBNzUzRGZrXzcwM00yUF9STGFPcXJqcy1ETlU5UmZkYS1QaWF1RzNJd1dERXZ1aVNYeFprVXNfcjQ1S2ZfeWVmTENRZTdLUzhQWGdaWWppUjgtbDN2Y2FFUFhFX0pHRG5lbzNsZlRuZHpLdVlIcWJhUT09 |
I used to own a franchise most don’t make 15% of that. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqdWJVSjRYNUNERHJnMnNKNk1jbWdEOFR4WWxXUlNiLXp3YjNHOHRMYVhxaXZPbGh0MEJtUmZYZ0szaFJWWlZFM0hYMGhJTEh2bGs4MVZ0SmoxQzJHd1E9PQ== | Z0FBQUFBQm5fZGFrb1NPdW9jdy1tTVJjbTJuMU9DTDRzWWZhNU81anJxM3k5WmFCbmZlc3piZXItTjVjZGhRMUJoaUN1cHdrNkI1eHRoUjFycGV6OEZHRHpscElaaFJVRkx6ejZKOUNYNjNuMG5yNDU1eUk2WU9KWXJBNUZHZGdGWTdvaDVhbTFaVC1LNEhxOHFUTnRpU19HZlNNQmd2RHlBcUhsNFlhTFZHaEJLaWxUSHFkenh1Z1hyQXVsS3V1SHdKdEJ2UTB4eTlHTG9WZ0pPMEFRSTc3SVNmSkZoOWNnUT09 |
Show me someone who can survive on an unliving wage then. Maybe they're undead as well and don't need food or shelter to survive. A hole in the ground is good enough for them. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqN1VWNHc1TGRXdGU1MzBSc3U1OTVMMTk1N2FpQ2M2MV9kcWMxakpTbEx4V3l4MlJRUjhuM0EzLVd4T2dxekJ0VjNGLWF5aG1hWG1GUlctOFYxeGNFTmc9PQ== | Z0FBQUFBQm5fZGFrcTNZNWRTSC1OTklRWFVVc3VHOVBxLTk1MXp0V0JOX1lpejVPbnN3a2laNjBkSHdac24zc3lHRXdpWjJqd3VTemRRdHlySkZaYWNvaHlBWV9KMlhzU3ZNcW8zUmwxSlpkMTBXdlNzNllwRTl6U3hmZ2Z2TnJDYVVFamN4N1ptcWZITmxENlVPYUE2eVVRZjZOazFZSmIyV1VlR2VqbDdBekZuck9PR2UyQTU3NHYzMjI4emQtYjVxY1ZCSk95Ry1fbTRyUHpOOGhsWW9NTVZZSmdES2RiUT09 |
Why not $30 an hour? | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqVkVtellLY0lpdTQwSFlTQjhUdmRJQTJYV3JpVEpLbWRVRmh6bWlPNG56bmoyM0tZWkJ1WVJCVjUwcDlvdGFocTl5TFoza2Z2S0dRU3JGYVdkOW9UcHc9PQ== | Z0FBQUFBQm5fZGFrWDBlREdaRTh0NWpIWXZub3pLRVY5MFpQU21DQlY3NTN2Y3E2VVNYaUFkTlJCdEdvQkN6R2pEbXhLN2dBLUJuWjBzWnBvRDVQbi0wSlQ1MDd0TXNrV3AxdzNRSEZnNG44SDYyMjBZa2ZyOHB3VFJoQUdnVldiQmNwQVI5SXV6Z0dPc2JMbTRWRXk2M25BNGtaa3hpcTk1UUJ4bGwyZnU5RGNXZnpzYkNSdkJucmRubUFEakpqak0ycUNnd3c1Y2lKamRjQTFIR25iQWtqUl9OTGgxeXJfdz09 |
The increase should only be like 2%, but we saw a lot of companies and brands slapping massive markups on products claiming it was inflation. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqMm1VY1JZTTNDd3FSa2VfNkFENlFLWDlUX2RDNk41c2dwUzdvX2ZHaVYtcDc2Z1k0bmpsQXZrYl9qSnRkS1NUQVVEMlFiaDFidFB4cVQwVVJyVlM2Q01TTWVDVjVUT1FOaEVVeGRfa2hRelk9 | Z0FBQUFBQm5fZGFrbVZoMUp1R3VDdFRteHZiQUZtLURoUWxVek92NWpFVUJZbkQzM3Z5bnhscWYxa3dlUFlmWVN1dXpvc2t3bUpqTTRWeW1IYmtZM3d2RXpLQ0hzaGFwMk1oRm5YYV9RVDhWbjhWYlIwYm91V0Naa0k2M3ctMEh3SC1yRm12eVloM2V0RjFsNUNIbnlRZlJqbFdzMG9qZlBjczhxUDl3M3RqUWs2WUdfcF9zY0ZhdG9LYUpRVVJjVWZEX2dzbHppUlhBWkd5SVhpOFBRdDQyOHJXUnQ0UWVCUT09 |
It shouldn’t triple the cost of a Big Mac, but as we saw during covid supply restrictions, chip shortages, and inflation scares, companies will increase prices 2-3x more than needed and rake in the extra profit. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqMWg1V0YwMUxhdTB2RUUzZjhoRHdJWkY1RkliYXlHRloyNWQtNkJTbzMzSVFjVGZPNkJIVUVWcTV3SU1QUmpCX2hQanFYa0VQdWxNcnN3c3czUW9Tc3BLcjd1MUQxaXRHZXcyT1NoZnpacG89 | Z0FBQUFBQm5fZGFreXhSWUx4cFE4eDJuUDhtcWtrQlg1emFLc3ZzaHFyZVpIWlVVYmh4a2hfdnNtSjdweXIydEZaQXJpazBVdHBnckM2b1hnVEc2MkxsZEJqWmppZGtnVDltQ25XVlV6d1RDczlMYnQxQ1NtbmxqenBYLVN0clJYQlRYMEdkZW1SWTd6YklPWW53aTdRaUt5T2FsekhobHdPR2pCSHd1SjZkVUVCdlRVeUdHVk45X0xOZkhLY2wzQVFzWDdrWU84WFhyNW0yVlNkUE5EUEhjYmRqYU5sam1vdz09 |
Big business will defeat this & sweep it under the rug, quickly. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqTHAyVm80SFZCZ3Y0VkZ2cGwxcDFOdFpQbGNkQkxBWnJ0cjVBdkFFOTJVV3ZWU1F1d0J5RjFtQmY0el9JeUVqM2xBYzZFOTJyWXRIeFQwMDdrSXF3T3c9PQ== | Z0FBQUFBQm5fZGFrbFRaYVF0dENaVmlkNFlRMzFPc1dETHhvazlHamRRYXlnR2lTc2xSUTc3bGV0S0FBelVtUmRPRVg5MFN2ZlduUGFaN19ndl9EQ184Z1pza3NJQjVpYkNLZHFFblBreXZyYjQyVWkxMHZZUE9fVk4wbkNMR2hWdnR5SW9TTVlJWFV5S3NHbVEycG5mZ0Rjb19fMkxYT2dybWZMaElYOVppT1oyeTA0NnJSdEJ4YXlGOUoyNVFRY0NLWldNWDR1dnlnZmtNbU94b1UtYjJaanFwTkdBSHJIUT09 |
They arent even doing a job that requires skills. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqTjJaRERKZ05fVGZyX1pnODZFd3E3MV9jMjU2aXBzNWZkQ2hGS3RaUGptSUdCTG1ZQVJUemRVZVQ3ZG1UQTZSQmgwdXJ2dVRtX21wYnFZZUJsazFVUVE9PQ== | Z0FBQUFBQm5fZGFrazVhbXpMbE4xUnNvLURZUmZBY2VBd1NKUWxVWUlOVzBXQ19HYWdEaWZGSy1CQ3hqOG9YTTZmUWJNbE8tLWYwaEg0MkxYYUxETFV3THNSLTF2UkNjcWd6eVdYcTJoUHF6WFpOY1NpWDNGbmdLMGxsTUlwZXdUVnktVFY2c19rQ1ZRT09NRk44aTRVZHFBUHNYZkRJem45ZVJqaGwxR1B4TVIxTVFDZmsxVzRwdmdDSElsR2trOGZwNXF4b3FSSXV5SWdvQzBzZmJrZ2RISjBDNEJzaVFjUT09 |
I think it is a great idea. Resolve our labor shortage by destroying enough businesses that were artificially propped up through COVID and quantitative easing. We need a purge so people will actually want to work and apply for jobs, then we can pay good employees a living wage and everyone else can eat shit. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqWWNvVElKNmQyeUlDbjk3SzdTOWRjTnlQM2dZTlBYZFlod2U3Umd5R2RsU1FfRkRGZTA1blBHaEZMaUh0N1IxZXVtTnd6bUxQeklRSDRrM19jZjdYYWpaWU9FOVY4OTJaV3ZsWk1FdDMwUDA9 | Z0FBQUFBQm5fZGFreDVYNUFMR2hHanhGeFZtWEczNXB4WG9qQlVtZDc4RkJ0R3dwbEVxN25yRDRRMVNsNmJHM1cxaTZLRzhVcE83TVRCMlRoLVE5QUxGZUIzZ2xwakNkdXJNN3FTcUZoUUVqc0VKRGtWYTlnWEYyMHVIZi1UMll4VjcxVFVUY3BTd0FsQnd6VndJczBKbFhoT3EwYkRHZUwwNWxJYWlHam1QNVlrODlTOXoza1VFYnlLUGIzYXlfYzU5Y0hLeXk3bDBaM3BneGUzbmQ3TzI1NXpKVEd1QVJPUT09 |
To limit this to the fast food sector and only specific fast food chains that meet network size requirements is idiotic. Mom and pop restaurants that don’t need to pay this minimum wage will no longer be able to recruit people. Nor will retail stores that aren’t fast food.
These idiot progressives can’t just let the market drive wages up. Because if you are the ceo of a public company, you get compensated for higher sales first, lower costs second. If you don’t have enough people, you won’t be able to generate more sales | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqQmpUeHdPaUtwZ1pKamd0RlBUNGxKNjBiRXpFX1F2eWNNNDI3b2FMd3phejJJY0tTdmhBSGRpZmFSYkxVdTEtbV8wVHktcVRjcjBuZURYQkZtOVN0VHc9PQ== | Z0FBQUFBQm5fZGFrcEpjdTAxdkE2Mk4xbTNaOGpZU0c2a2d4NkRHcE52QTcyakJDc0ZvM0xBdG9JZ0E2MXY0M0VWWHFyLTRpblRKa3J3WUFOWTdxUU1xcUZCYXlZTlJQR25rV3VIem9sQngzMHlzeHFsdld1N3pYUjRHVnNKTmx0YzI4QXZVNndQYjhpS3JIRzVrZ2tiemZRclNCV0lCN2xIUl9PcEM1M0k5b1VETzRWSy1fbGlRbl9YOXdqRzZiN3J3UnpfSFVTaEdkRG1nV0hPeW5reW81eHg1R2lTMklmZz09 |
If a company can't afford to pay their employees it has no right to function as a business. Consuming $1 burgers is not an inalienable right. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqVXVGdFNzSkg1SlgtNE93ZjMyZHNJMXV3bHJVZ3I4RHVMbnc4UFQ4R05aSjFJTy12Zk82ZUNKT0dhZGttSDFpb2N2ZGVsZmUzd1FXNHhMNHo2TW1UQ1E9PQ== | Z0FBQUFBQm5fZGFrZGhXMEFuT1RsYmFyUXRXMnNMbXlRZThGWlg2X1JhRXpjSGs2WjB1QXEyZ0hvWmFxM2hXa1JRdEdTS1FmOVNuTzh3Y3JrdVV1b3NmS2VIR1hseTdTbG9FNkx5MmZTMktNYXNvSElaemQ4YnZWdFJrbVFaVU5NcFl1UkVIbVdTUldFeXl4dkVXVWFFdEtCNkRMTktUVnpaMUFNbnhGTU5oOVYzYU9nUGtKZ3loWjg1dGVOd3V3YVk5WkIwMG5aYVFmR0RNakV3UzVUcmZCZldjQzVfcS1nQT09 |
Doesn't matter much if you can't change locations. Governments can't incentivise businesses to relocate to where the newly minted high skilled people live. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqaWJ0alptbXI5NG11Zm1nd29tOTlmRnVDR0h1anBaU0kyUGpZQTBJcGhtZU01UURyYWROcmhaVEpGb2JIYXdwNHRtS2RIZ1FtRVpkdHMtczRDT0FzMnc9PQ== | Z0FBQUFBQm5fZGFrZzdMTVZDM2Vuai1BQk9tcGs5ZWVkYUZXM05iWHR5aWhXaThITWl4MVR2WVA1OFFMSXoxNHdrWmRUdV92OFJuQTVLNklzVUc0c180TDVkb2ZIdWpJZ2pUeUFfNHdtOW9TenhXdjV0d3dVNDFWOS1LY25HdHozYk1TNkhFS1V3dnZwX2V6dDhsV2VYOENGQUhWOU0wb2Fka3hvcnFucktYV2RmRlRxXzZMMi1pU2ZsbGg1Y0lzVE5UYk1Ma2VHSmltRHZEOW9uc3BnZG8xNnppT3Rnd0lGUT09 |
Automation in the food industry is a really really long way away from being viable. Factories producing packaged/canned goods can automate, restaurants can't. You can fire 5 low-skilled workers in your restaurant, buy an expensive machine for millions of dollars and hire an engineer and 3 technicians to keep it running, plus a couple low-skilled people to keep restocking it.
You end up paying more for wages, and at the same time spend a decade's worth of wages on a machine that will never turn a profit. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqdzBVNE40cXJnTFo3OWs5M1loX0ppV0VwbFFfVUM1d3VNSDRFNFpzZ1V6TllZTWhMNVc0aWFsdDB5N25rNWFGOTFGTjJtREE5MnlqbUZTdWUyeHM0YUE9PQ== | Z0FBQUFBQm5fZGFrenRpYkJaRElsYWZrQkFyNmVjckMtZ3dMSGhCbV9pLVAtMUFrY0hUQUtoZERvTXY2R3JxSmVHSHZEYV9SSmVQMkZDeG00UW5takpQU2N3Ml9IQnV1dFdxbUlkNUxCWHZOTVZkWm52WkpWRTVkT2NCcEF2UnlrTnBpVTI5WUN5OGhJc1Y4YllOZndqNlZnTlhIRThwaGV1Qk41QlhsamVkZC0xeHBjQ2Y3SDJUQkNkVm14elZmSG13WTBYVUp3d2hldDNBZlJhNUJ2TUt1QXAtR3AyT3hiUT09 |
Big business will start massive layoffs and install kiosks. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqdFJKc3FjSDI3T3F4UmFCWGZGdU5OQnNOTEVvN0l0YWtTUFY1enpQQ3ZJRzFKTzF2MlBtMkNiaEltOGhITy10NlI0a2dVNURYR0otTnpNdWpOUXMtanc9PQ== | Z0FBQUFBQm5fZGFrdlItWlUyRjVCOWFsVkhLOVBhQ0hsWFJ3ZFFnc0lqNUgxSW4xY2I4UUJpcE9QUUF5bm9VOEVzVEpjT0Y5bFV6YjRONlVBUmVvOTFGa3pXZER0N2RBRi1MNjcwazVNVjRtZzZYM18yX0NVWVpzTkVrTUhaM3pzSXF4MWpES0hpYUtfeTlyZmNiYTNFNkFsU2ppaS1SRjZSN0RVbmNPZWtyRjlIRWpIN2t2MGkweEVKbmJETF9KcmpPbndjTUlUUXZ6QXdSMHRDSGZJaVBJNVRJblZzNDViZz09 |
Mc Donald's and any other listed food service company can do this, but the small mom and pop local restaurant is going to have a real rough time! It is a great idea if you don't think about it. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqSjJORnlyUDZTcUVnUnZQdWNTcHZXZ3Q0Vzc5TzMxWml2dU9MOUN3VGUyMHFJOHdSZ2g3ay1mczlWc0gyVXI3c0s4SE52Q01HbDdxVmNNanUtOHRwTUE9PQ== | Z0FBQUFBQm5fZGFrcjFBSnl2QTROZ0pXX0FmV2VFZXRYSHVjaHhKbWtTRmd0YTB1NlhHcUd5RVh2S09UbFVRU1I3V19BVzBSNElHejlHZUZBN3UxcEs4ZEwzcDRTblpQRmlWc1BkNml1UkI4SDFJOGJuc3JNaEtmRXlSMGhaUUU0SGE5ZVNoRTFyTnF3OTBQQTRSRktuU2NjMURmZkNqdXdTVTl0ZDM5ODlaRXdWM2NFNTltR0JJWEhVV3hfRy1MZDdHRk5KQmNIV2YzUU0za1dqNzUxZGVxdEM5RDdTRUJKQT09 |
Okay, boomer... | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqZklONnhuaXFKYm1QY216R1A1Qjl5RWgxS1dOc3d6UE5aWFhFdlRhNU5zMDNwYnRXUHhIVHRpN0tyVm5wbDRmYlVmcHpjWE9jel95cW0zSmRlM0N4b2c9PQ== | Z0FBQUFBQm5fZGFrQW1GeGtXMFRHaVVpbnJXY1h0cDN6ZU1GYkNsYkg0OG4xUlExanNiWDRDX2ttdzZWS01pYlE3c1FTUjYzWkkzdlFxeGFVcW9MS2VLSnlrUi0tLWYtWEMxY2t4b2V5Q3VOWmZxMi1TVEl3N2p1b0hLZE43bWF6ZHN5czRSMjVSUFFGSkNBdzBmTi1xd29kZHY3ZGxQYVVxNUZfd0tqOGN2ZFZqdzZZMHZkS2VCMnQ5bnZROHZEZ25ZbUpOVl9hdF9ZN0pzZXlkVkR0VkcwV0JQTkJkV0FWZz09 |
This would only be for chains with 100+ locations in the state. Right now minimum wage in Cali is $15/hr. I live in a desert town where the average McDonald’s meal is $10-12
This break down is what it takes to live in my town on $15.
$15/hr x 40= $600/week
$600/week x 52= $31,200/ year
$31200-$5000 (taxes)= $26,000
$26,000 - $14,400 (rent $1200/month) = $11,600
$11,600 - $4,800 (food $400/month)= $6,800
$6,800 - $4,800 (Utilities $400/month if you don’t run the AC even on 110+ days) = $2,000
$2,000 is what you are left a year after all expenses at $15/hr
$2k to do everything else not mentioned including gas to get to and from work, car insurance, doctor appointments, any medication you may need (remember that most people working minimum wage don’t get benefits), car maintenance, things for your kids if you have them, entertainment (yes poor people deserve entertainment and relaxation too) and everything else
In short people in my town already can’t afford McDonald’s so threatening them with something they already can’t have means nothing. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqLW1qMFYxUmRiMVdKaHhTOGl0MkpZUlg5a3RJQ1MyU2prRnpFZDBiYnhPQ0lfQl84WWJYMVVjMmotbU4wTS1uYVNPN0Q1TVNQUXpMRTVISmhST0JXVGc9PQ== | Z0FBQUFBQm5fZGFrZ1ROYXF4d2UyUE4zR0sycDVIX3N2Y0sxd1BVajZGY2RkTHpEeG9iRURBUXJEcUlNeXpQMzQwdFdueVNSTlktdVFPR2RhbGRHcVV4SXVScXREaDVZckJkSTNFQmxGbXZLbDRCNm12YVlSMU5iZloyaDdYWE53cXdoY2c0emYzNm15MTdLRGNSU1YybEZVckRKRWxSZDlyUVZvY0F0dWZtTnl1WGwzQ2RPbzhTOURvcll6OFdZMnFlOUNvVTh0N0dwVEVaWjBad0VJRGNMM1lhemk3cWlJdz09 |
I completely agree with you. Companies will take whatever excuse they can find to hike prices as high as they can. But I don’t think we should take that as a given and expect those making minimum wage to suffer just so we can have affordable goods. Taking the time to focus on someone making $22/hr only takes away from the bigger problem, which is why do we have billion dollar corporations making the rules for our nation | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqOFd2SG04STM3cUtvMHFaOUdlWlFYbUllZTYyVW9mU0ZxYTVxcnJ5cGJJV0JlUEFTZTE4UlZyX2tqZWxvdkZFRWRXOWRSRHhmb2d4RnhkUGhXeTB4Qnc9PQ== | Z0FBQUFBQm5fZGFrNnYxQkdWaWFOMURfVHh2LU9JcFdKWDE2T2k0SHBhY25zUUZmUk03X1d1aHMtbVpTVENxM1ROOUZrVFB0bGpLQUNTXy1Yd3U3NVV5cUJqWmQzT0V2cURocHJXVnNsOVNlNTdJeXJzUDc5TFRYbjQwTzdFTk9hUFdRbGw5TVBvelVUUk9BZW01MHo2TE9mcE00SGNPQXU3X045UlNSVkpzd2NTNnkyU01qS2ZmbDZKQ2JTaXk1RmhrUXlrVEpyWE1XR0dCRjBJV21Vc3ZPN0dPV0NHMm9OZz09 |
Fucking IQ of 0 if you think this is a good idea | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqdXZjajNZTjNPMy0zR29oTmM3SUthWXR6NVNpLThoeGw2bmVVR0NfTEgxQk9lNDloaXN5QVZSWjlFeTZyWWxrYzdaV21GZDk3V2ZNOEZ5V3B3RGdyMEE9PQ== | Z0FBQUFBQm5fZGFrVExxc3dNNU1vMnFYdk5hSXhoLTFQLWxRUkUxM1JFREVqMFlsUUdyakZpR09ZM2ZHTk5heUpTRlJLc0ZGV0x0eWlFRnJrazBueV85dkhiVE92ZzA0d19pNkNqaGd1TVJncUt4dW5xWDNWREwtMjJMNXZpT3RWR1F6ME9xWGY5amFiVmFGQ21aakRBRDh5UWptbXdES2dGRHpKa1NxOExoS3lNaThabUZuRUJBN2E3ZDI1VTNxZnNJQXkyZmFOTkpCWkNzSTFkU0RWMWpaRDZRcWVRdEh4UT09 |
Prices of everything will soar | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqY2hiWHFIVDVCaEE4VWFvckszZzdwT2VXSW5XTklBMlZ0U3hVSVlpYUxrVW53ek5VR0FqckZXLUdDcnl6dE9fUG8zM0xLemNINDhhdS12U09NRnlWeXc9PQ== | Z0FBQUFBQm5fZGFrWjg3UXRBUFdaY2Y4U0Zybm5VdnlUYU5udC1aVEg0UVpmWk5zZ3ZYRTdqYnY5QmtVd3dkWExnalBuYkJLRzNSRmNIV2J3U0o2WTFuNGszdXg2RlREU2dkVy1tcDFfczlfVzV4bWg3TGIyQm9wdHlrNUVuc3NteXpRVkQ3VGRRSzFVdTV4Sk5VZHdpdWtvSW1zYXJDZFBPY2h5WVNJQ0FhcldhdU01dVp1WTBDY3RsbDdMZHBfYWVzWERDQkFRZkphd09yeUN5MmlFSFhLXzZla1RPdlhCUT09 |
Labor is not 100% of the cost of a good itself but it makes up a large percentage of it regardless no? The concern is not unwarranted. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqNWpuT2diMjFCVkNxZmFtaW43SHVBUy1kX1pVOXFtczc0UDhwX3hZamlJU05UamI2WldfRlhzVFkzYTRyT3luLUhHTE1ISG1zbHl2ZlNJZHd4NnNIWGc9PQ== | Z0FBQUFBQm5fZGFrT3NyNE8zaGVFb0tFY2hyYjFpZmE4R1lUYlV3OENJWktTMjhwQWJtTVdRYUdHR2loa0xEc1puTWxtT3F5VEo4SDdteEk4ODFIZmROT05oZGN4cC1kUm1zZ25mWHp3X1NYQk1DWHp5bWg0cFlEQjhhT0FjUDlFT2NlZEVsOXZJREMtMjVjQlRCeVNLV1p5bFFteXBZMURzSDFvT1RjOTZhbGQxbk5tQ3R6dFBoVTdid3lZeTBCQnBVOVB6NjdTUXEyYW1qQzhIQU10WmItVS1XNlphNGhZUT09 |
The one and only thing that has any chance of solving their staffing problems… and they’re against it. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqYTIxV203ZW93NHp6cG1IOThNNWFlSWdUTlJYQkdxLWVCemF5LXdlaWt6UFBCN3dMNk5FSF90em9jTnZuMVIwZVhvcXVSNGp3RkRGaXN1QTBuOFRSdFE9PQ== | Z0FBQUFBQm5fZGFrQUpvZmxmbHBNeTRqQm1wbkhkRTFfU3A4dS1LRVBIQlg4QkdPeEh3Y2FkOTdJYTVadHA1bTNQX0QzWlR2N19SQ05xQkVDZm1NMlhfWV9Ha29hMlhaRGRfYWdHWHlmSzVZaUVzT1F1SmdpSkF5elUwVTlQbl8zRGdPbTJmYnBzVEtnTEYxZU51QnRkMW1zSmxYUl9idllaUzNZaFFVbWpLREliZEp5ai00MFBuZjZnRGV1MnN1QUoxVE8zNHp1RUs5Y0U0cTFmcFltY2hoUzFVZE4tOFJLQT09 |
As I explained, the concern is overstated, wildly. Adding 15% to the cost of labor doesn't add 200% to the price of a burger, which is what we're constantly being told by anti-labor forces, particularly business owners. A $22 wage for fast food doesn't mean a $12 burger.
Besides, we've seen stagnant wages in fast food since 2009, and prices have gone up drastically in that time while profits have grown. Both the customer and labor are being abused. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqdnRpR2NuLUxGSTEtajlMdUxhay1wb2xscEhzbUJpeUVQdGxLc0NuR0Zmd1ZuS2Q2ZzVBbHZqcVlDRF9zQXZnb2FtXzB6YkJXT1hGQmFhS3lXM19jR3c9PQ== | Z0FBQUFBQm5fZGFrZ0c1ZVdhZmJmX2lod041SW9IV2V0b1FrRHhsWWNpZXJ4aG5tajlmWWtsVjYxb1V4Y0JaeHZjcEx4VGpjZU9EWVVfY29LLUFZSllIVFhwc2NFUkdFQzRZb2xCS3Y4T3AyS09GWkxxT3lmeHZYRUVrQUZ2MXBnNUNqY29hVEhtZ0RKMDh0YnBwRUZ6WVI5WjBtN2Mwbi1fcGZMZ2hXTWpaeEZUV1Z2MV9yY3hUR2NFUHZ3VGFTb2FpaW1RY3o1UUgyTGJ1blFqdGlEWnZuQzdvS1FCQXZ1Zz09 |
Lol if those mom and pop shops can't afford paying a livable wage then they're not properly budgeting out their expenses.
We need to raise the wage and let tye cards land where they will. Businesses will adjust.
Corporate apologists are the worst, corporations make plenty of money. End stage capitalism isn't very much fun for millions of people. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqdHdrSlVIb1JwZWhvZ3RHQXJJR3c4NXVXZEZncjZsWnFqbmE0Nm5Jc19hWW1sNVNva0cyb3dsaE9JenQ5VjhYWjN0VTlzeHlrRG4xOHc0UF82SzlKNXc9PQ== | Z0FBQUFBQm5fZGFrMi03amtHc245bjVYQ1VRSEh1WFZDOGRoSjAxMHR3SmtmTVRvQVZxbnNOQ1lSaHZkbUtieVNCeVhhRGdfdjJidVVxNU1mSkFWR0ZTRUFnX0hGU0REY0N6TWJaekNLd0N0X1JHekRHckdwRWZOVDk2VzVaS2lFakNvM0dmckI5TDNkTnJkNXBnbUVIcVc2SE9ZNW8wdXVPX3BIZ0g2Ny1wdU40eFdMZmJjYUNlSFp5ZkQzY2g1aUhYWkJRWXlieGNLQmRsR3M5OVR2RGlqUDJQSVROLTYxQT09 |
Read the proposal. It only targets a small subset of restaurants. Meaning fast food chains over a certain scale are subject to this. Nobody else is. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqUDFSaUdxb2c2dG85VEZnQkJqa2Z3X0pmSTNqYTJ1Q25WYUs4UGkzT3NqTndtQmpSYzNBRTdaTTUxU29EcWt4T3BEdHoxb29XWWV3a00wNEFfdDJub2c9PQ== | Z0FBQUFBQm5fZGFrQ2xGaUgxcTM2NFNPd3NRMkN3V01pcExYMkh3Z0lpbnd4QVY2elFyTnBSRXMtd1ZkcWthQUJBbmNuY0dWUWVjdEt4WmlQQWpTMTlFTE1odUVJaDhrNGM4bHpia3dXN0ZDLTdfcGpWbjZaS2NmQW1kQ0Q2SEdyb1BrN2YtXzZrX2NtazhFTVFDLVdDdGhFZ2xybWUzX2VtMUhfNnUyeVJvSU9ubkVQTTVDdnkwendsNTRyeDFXd3pEb1pZSjF1TkZ2Vk9fNHpRb0Q0VVF0cS10WHg5NXp2QT09 |
I don’t know how much affect this is really going to have, in our area in California they are removing all of the ordertakers and replacing them with an order kiosk in McDonald’s and Taco Bell and I’m sure others will follow suit. You’re going to end up having a total crew of McDonald’s of maybe two people instead of the four or five they have now. It’s just going to put people out of work and overall the labor costs for the owners are going to drop. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqU1dNR0VaV21DV2xGQmh4RzNQQ1FCdXZDc2RhOTczUDVOTm12UEpkNERtSkJwczFoWkFrQU9UcURlVzZZUzdPbmp1T0xtQ2xubkFiYzJiZzZUb0ExLXc9PQ== | Z0FBQUFBQm5fZGFrbzlOSTJ0amZqVUE5X0MxbWNXQUtZX2hCc0luR1poMU9UQ2FJU1RCTjEzNEJwYnByaXY3d1BFcVB6b05jdmJjRmpEVmxvU1RMcE5feGtUVWg4MVN1N2ZXSXlWTVhfeV9qcGpTenhkamF6S0dkbTB1c1NsMUJKNm92bVQtM1M4S2xmRFFUaENwWWFxcnFoWmxRcHR5OU5US284bmRXZVJhaUpfQk1nOU5JaTJCZFdldVZtbUk4SV9MWTFqMG56M1FSOW5xXy1paTdSVjdmVnltbHh2N3dVdz09 |
Sounds like a great idea honestly. It should be more widespread, but its a start. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqRHYtRzhnVWV2c1JmZENTMVM1aXVudmg4MjB4WXpWZ1FheWk3bXJZbS1MZ1dGVmhfb0oxMDZUWnRpdGZjRnU1TTFRWmpZY0lFaE9sejVaRjk5ZnB0bmc9PQ== | Z0FBQUFBQm5fZGFramNYWlZHdTl2QzItcUNKbndfZFNiRnp2d1NwTXAzZWZ6M0MyRXhjU09yN0I4dHlZamJIWGJlaWxNRUg2enE3RWlvZXNjRkhtMFV4ZE9nenVzaXJPazZ1dWU1d3E0R1BhdzBiSFJIWGRCQ0tEVXlPNGlzTkZnejlIdzJqVlg0bnQzYWUzUUlsalZoUTVzVmhfQU1EdmpyUmlzeUhlU25ObE1hLUVxNDZiSmR3THZla1hvQlBjR3FoRE45VUlhQUlubTBjd3FwNG5VcHVQVVRBMU94UWp2QT09 |
In America, you have the right to work where ever you choose. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqUEV2MnZuR0xuTFlFdU1lTThOb2E4LThPZnpFREpFVzRINlo5cGxyN2dRU2E0elRCVDc1bUtMcW10UVBNWkRXdHVDUW5nWUk4SUFEMW1ZRUk2eXZsQ0E9PQ== | Z0FBQUFBQm5fZGFrRVlkeGx2bXRtaERMdVhLMnBaazctSm1WWE9hbDNOUjMzOGxXZFRDQzJibW9hMUZZZHpveWZ5ckllZHRscHJ1bjI4a3NvSEtXNFcxV2NTSllHSVdZbDNsN2xRRkNyTTVpdGpOaEh4V2E0RDJQSFZVV3hscHBnYnhxOUttRFQ4ZEFlQnZzeFBWbUNva1JYNlFaTms1MG9ZVGo2cW5RRzdmRmJfUXdMbzBwWXVfWnY1R3FDWk9IcmZXUExXUFQ1SkFhTTFULW5KM0pEc1BtMDRhTzJfOTNHZz09 |
It's not how it works at all. But they do need to make 20-25/hr, seems McDonalds can do the same in other countries, without prices going up. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqZm9ydzE5b1YtSUQ0bkx0OF92dUlaWENqMm1MZ3lkZ0FuVTQwYTJ6MmkzS09xRmlYZGQ5Nl84YVYxRDBaTktJbk9pNnZPNlNDV2hlQkpwUW4xaFZfbUE9PQ== | Z0FBQUFBQm5fZGFrX3dWX3pjRllTU2RET3dKX3N3OVR2WGxkZmxWWFh0aDRaazl2Rzh4YzBORUxPdnZXYmp2eGtleWlQV3d4ZW1QaWVEaE13dERZQm5Hd3RkOU4xSFdSREp6cDd1ZVBKbE5BTVIyYWtZLWN5enU2RzdaSzE0SjBWMTlibzlleFEzNzNWMGd3SmFNQnByeVZEamxlck5PNGppN2M2UFZub1FHeEV3NUFNUlBxSFljbUhXeTRKeEZkVWI2ZGpCeko1ckpMdk1GMDBSMktiVV9sUHBnUnIyRGtkUT09 |
Because I can do stuff but I don't have a degree, formal training or informal training. I'm self taught. It's also not my job, more of a side gig. Plus in the area where I live the cost of living isn't crazy like a lot of people who's only job is software. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqdGZqV29PYmVWTUUxeG9nbFpjSDBqaUhDTDlDWkJyR3FTSzBjTmJyTnQ2c0MtRW80U2g3UGxNbE9OMmZtcG5HMnpLMkxRay00NkdsbHNTeDJsTU9aZGc9PQ== | Z0FBQUFBQm5fZGFrQ1F5X0ZTeWdPek5xeW1hSzh3QXc5cWNpbWVqZzZ6OEZwcFA0UTZSaWhocFdpSkZHNGZUZVdoZW5MTlVjbkhVdEdJdjV2c1llWV9OR2hWbzR6UTNrX2kwVVNIckhyNHAtLXpNbDQ0bGstSXVDSXZYYnYxaE5RSVVEYkx2bkg0R3RfRjJUVXh2clV6WFE0bFJfWlpnNjY5Nm1KcjV3VWJ6RTFaSjNWVmdSdTR3RkRqTkpoQjZXTUNOOFpVUlB5LWNFcHB3S3VmUndFZzFKOWxxVWtjZ2hPUT09 |
\*The right to apply for an open position. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqSEVwZ3JtVE5Ub1FCNGFob0J3c0JxQ19GWGhiZFJZUlkyNXdnazRYWi1FTUNTOWZZbUFoMi00YV8zeWdKNVkzZXdsalhrQXFCMXhaM3A3QjZFMFVzUmc9PQ== | Z0FBQUFBQm5fZGFrMHBEMGN0ZVlUbjhzWmk4dkI5c1luR19wRjk4eVN0QlJNb0ttWUZYb3gzRW5zMkdmMzlNWlExbFFPN2FwM21SV0Y2dWZ3aTBadlBwNWVXRmxOYzktWHZjakpjY25fNWF1TkhuMGZwdUl1aV9WUksxVGx6cVNkRjNmN0txc1JPV1ljMGh3UDdVS1lRMWVVNTh5aDdsNmo4TTBubVZKWmhDUlQ1X3hUQ1ROYXA5NGxqcTdpWVpGQU5TTUNCb19NWUs1Q015blBZSHk3X3NnTC1wZ2N5SVlSUT09 |
Why? why do burger flippers need to make $20-$25 an hour? What is so special about burgers flippers that they are placed on a pedestal? Do they have some special skills that I dont know about? This is silly and soon, they wont be able to afford the burgers they are flipping. The free market works great until government gets involved. Prices will go up....the point of being in business is to make a profit. I know thats a unbelievable....making a profit...how dare I say such a thing. I really didnt know how ignorant many are about basic economics and the free market. Businesses have to keep chasing the mandated wages and ultimately, those who are in favor of it are not affected because they make a lot of money. The ones who are screwed are the low income earners they say they are helping. What good is it to pay workers who still can't afford to live? Wages go up, prices go up. The wealthy dont mind, again, they can afford it....but it makes them feel so good. Meanwhile, that wage increase is eaten up at the gas pump. How about this idea.....lower taxes on gasoline so their income isnt eaten up? Why do businesses get the bad rap but government greed gets a pass? Makes no sense.....but thats basically what socialism creates.....greed, corruption and creates laziness. People need a fair wage, consumers deserve a fair market price. Government, local, state and federal need to stop raising taxes and interfering so much. Government has a role for sure. Protecting workers at the work place, protecting consumers etc etc. Their role is not manipulating with setting artificial wage mandates to hide the real problem....poorly run government, out of control spending, corruption. The results of the government interference is inflation which hurts the small guy. They raise wages to hide the fact they have no idea how to control inflation so they create more inflation and blame the businesses for it. Why wont California lower the taxes on gasoline? That alone is a wage increase more tangible for millions of low income, hard working people. we would all do better with less government. Cheers! have a good day. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqWWU1MDYtYUdBQjJuc0FLTUZwNElNc253LVBMVjlhenRlUk1kRjF4UGdiRUp4MWF2Yi1hVm9qcHhSQ2JfMWJUMUFBUVpJVkhnaDN4MVhnVURvVVp5Snc9PQ== | Z0FBQUFBQm5fZGFrRTZHdDNla3RTY2J5bkQxNjlxR25EOWZhZzZBVUthQmVHQTJXakVySlh6Z25IcGhRTUxmZHUyNWVBaVgtREVJYWJWc3hwNnp4Q3FJX2ZDZWQ3Y3FFbkpLWVFhaEZObGtmRjQ2TWoxdWFVb1J0dW9VVjdfNlZMVEpabE9abjdlVi1EbGVsMjlCdzIxNDl4ZG5sYkVXVWNYcGZLTEYwRGdVU1RtVkgyWkNacWkyMEtkWlAtYkZKUkNLZ1JyVmMzZTFMaDFhTGdlNVAxWUpERkFLLTkwUUV6dz09 |
Because they deserve to have a living wage you potato. You're a lost soul that has little to no idea how the world works outside your own bubble. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqZ2xXYnI0UF9xMVhUZC1waFNmbW14Q1UxTDVtcFo1d3N2WC1TOEFQSktmMm45SWNlclROUXhtamZzVC1UaXlwZ05BR2YzNDV6VnMtTWdKTXUwNlBLTVE9PQ== | Z0FBQUFBQm5fZGFrbm1EbVotZ1I5Y1FmOFBINTNFalVZRGtUSTNncC1BaFpYYVhseVN2Rk9OZmFYeDYtYXdZdnRYNzNuMW1ZZ053aDNFaXhfanpldVY4Q1JsaXhPQlJ1UDF0a0VGc3gyQTFvaGM5TTRXNUM0MHZ6U1VTeE9nNXFiYzdQVTBDakhCODNFSWdhOUlrVUctYnVnU3dvVTFQdEZTaElPZ2dCcWZXR3VMejR0SVJXdTlnUEdFOVdWaTgzMUpZNXB3X0hRTEswODZNaV9nbHFGcy0tRjI3N1VoN2U3UT09 |
Did you read my comment you little turd? I said that. Damn, a little too emotional to even have a discussion? Lol. Unbelievable. Read my comment. You don’t have to agree….but at least try to have a discussion. Nah, never mind. | r/businessnews | comment | r/businessnews | 2022-09-13 | Z0FBQUFBQm5fZGFqbVhMaXQtRS1VRVpkMk5NWlNiQVJWZWVJRFFDUVhJa1Mxd0d1dE81SlppcEc2ZWs0OUVkRkFQVEpHaGVSRV9kbF80VkRsUUhPZDk0TkQ5aklSQXdXcEE9PQ== | Z0FBQUFBQm5fZGFrM0hvbmVkQWJFQlBZenFNMkdyQS12amdPckdrSExPTWFKSktNVmdRUEVLUGtRQm5hVlhrRkdqUTFreTJYaGxSNUhYVjlrRkU1b19ubWRmMEpnOFhBQlh1cG9MT2ZrMzdVVl9wcW9CS0xsQkhOb0pySmdiNXJoSDQ3bWQ0YVFXR1JSMm9wZ2hoRjdIQmFSbHpxOGdsZDhtUm1BeC1FWmRSbm41N1Z2eTlaeEMyTlFXWjVIUHJMNkZiak9PdTNDOVQyTjRqSDc2QkJxMEpMQ1k4WVMtSE5pZz09 |
At the cost of society. Screw these corporations that refuse to pay workers in their own country a living wage while exploiting the global south so the c suite and shareholders can make out like bandits. Look around the country- mass homelessness, people dying due to easily preventable diseases due to lack of universal healthcare, housing as a spec investment vs housing for humans that are being bought up by private equity firms at a robust rate. When does it end? Oh and underfunded educational system that results in the dumbing down of the population. Drugs abuse and overdoses, suicides, and homicides are up up up. Crumbling infrastructure. Yes, keep allowing corporate capture of every single common good. Keep allowing these corporations to not offer jobs or pay taxes yet they can sell their goods n services in this country! What a joke!
Two groups-
Owners of capital
Laborers who sell mental or physical labor for a paycheck
Don’t simp for those who don’t care about anything but their own interests. | r/businessnews | comment | r/businessnews | 2022-09-14 | Z0FBQUFBQm5fZGFqUzhfQmpxNkstTGJpX0haaXowb01LY2lmMUFhRGhTOG1sV0Yyems0OHA4ekNmQUE1MWZQdmxVS1prY3hXZlM4czFQa2JSQzV3bDhXaHNsWU5LRXFJMWdodzN3ZzNDejlZaFBFeGlsdGtkakE9 | Z0FBQUFBQm5fZGFrMGV2TWRJOUpiQ0Y1LUlCMjFXQUxfMmZmcWl1X0dPQ0VDM0Y0cWRrWFZYS3pHdHFpZEZpbTVueDBqN2oyd1FOZTVSbDJlMW1CYXRRUm0zOFNoX3JzVEhBNC1rN1hqck5QX01IamZ5TUlUM05wd0dKdGloRlZWaTdsc25WWnJPdDNWN1FNTzJZMkNDSGdtY2R3R095MTljdGdOUkNfYW82NXZORUtXbWd3WlNCN1B5WW5US0ppNW1scXlJb2kyVDgzbHpxV3UyWGNWTkZ0Qnd2bnBJUnlxQT09 |
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