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This is true. I have never understood why minimum wage is anything less than sustainable, well, except for capitalism.
How are they being exploited? Profits for restaurants are already in the single digits. Consumers are addicted to cheap food, especially those on minimum wage. If youwant to raise prices so that they can be paid more then go ahead, but at some point people will opt to eat from home instead and/or order less when they do go out.
You’re not supposed to be able to. Over 80% of minimum wage workers live in a household with other wage earners.
Or something that might actually work, like income redistribution.
Yes, dingus, so jack up the taxes on the top bracket, make a new super bracket, remove the cap on income subject to FICA whatever, cut defense spending (a lot) and put the money towards things like Medicaid, Medicare (for all?), Social Security, vocational training.
I’m not opposed to doing that through the tax code.
Are you saying that minimum wage workers are incapable of learning new skills and being good business owners? Classism much?
Cool strawman bro. I don’t think there are many minimum wage workers who are able to set aside enough scrill to purchase the equipment needed for strip mining or oil drilling, even in a highly deregulated market. If they could, we wouldn’t be having this discussion.
If minimum wage workers were so good at learning new skills they'd go learn them if they wanted to. I suggested subsidized training in my response to Hal, although I think that's going to get Hillary'd because nobody tells middle America to learn to code.
There are shitty nail salons, beauty salons, and food trucks all over the place already. What in the hell licensing and regulations do these people have to deal with? Not selling lobster that's been sitting by the side of a dumpster for a month???
Why don't you tell us.
It depends on the state. In states like NJ and California its almost one and a half times the hourly rate
You tack on the employer's side of payroll tax, possibly employer-side state level taxes that vary from state to state, health insurance premiums because those are compensation if the employee is asking for more money and socialist costs if you're not speaking to the employee directly, unemployment and liability insurance.....
Because Kansas and Oklahoma are the best, and blue states where all the money and jobs are hate the economy.
Its relevant because most people have no idea what the actual cost burden on the employer really is for an employee's hourly wage. I'll add to this most employees never stop to look at the numbers on their pay stub to realize how much the government is taking from them every week.
