Current Events > The Democrats have just put forth a bill raising the minimum wage to $15!

(+) Yeah! (+)

https://twitter.com/NBCPolitics/status/1354101885058297856?s=19

by 2025

---

But now my burritos will cost $73!

Pass that dynamite to the next president. Nice.

---

Kolibri X posted...

Pass that dynamite to the next president. Nice.

it's already up to 12$ around here. just jacks up the cost of everything else :(.
even rents go higher when wage increases happen (more than the increase itself).
---

Enjoy your $15 McDonald's meals
---

Good.

---

Tenlaar posted...

But now my burritos will cost $73!

I know this is a joke but nobody who ever claims this has actual math to back it up. All you see is some random way too off balance prices for things.

voldothegr8 posted...

Enjoy your $15 McDonald's meals

Thats not how it works.

---

voldothegr8 posted...

Enjoy your $15 McDonald's meals

They wont go up much.

The cashiers were already being semi replaced by those touch screen boards and they will probably have a good kitchen bot by then.

---

argonautweakend posted...

I know this is a joke but nobody who ever claims this has actual math to back it up. All you see is some random way too off balance prices for things.

Yep. Perfect example being...

voldothegr8 posted...

Enjoy your $15 McDonald's meals

For the record I would expect prices to rise when employers need to pay more money for their workers. But nobody can explain how or why they expect the price of a hamburger to quintuple with actual math.

pikachupwnage posted...

The cashiers were already being semi replaced by those touch screen boards

i miss those. used to be able to use an app and wait at the table for my order before the corona ended it at least temporarily.
---

Plenty of time for these big corporations to automate jobs.

Didn't Sanders write the same bill back in 2017

With the same timeline

---

I will never stop being stunned at how stupid Americans are about worker rights.

We have been so well programmed to be working automatons.
It's sickening.

We are basically at Communist levels of working for the fatherland with no regard for one's self.

The Cold War ruined us.
---

Cool, now we can all pay 2 grand a month for rent

---

voldothegr8 posted...

Enjoy your $15 McDonald's meals

Enjoy that poop covered touchscreen becoming mandatory.

its already been $15 in california and McDonalds meals didn't go up. Stop fear mongering about things you people don't understand lol.

---

VipaGTS posted...

its already been $15 in california and McDonalds meals didn't go up. Stop fear mongering about things you people don't understand lol.

California is pretty well known for its affordable cost of living guys

---

Solid Snake07 posted...

California is pretty well known for its affordable cost of living guys

where did i say anything about cost of living? The cost of living was already high before the increase. That's WHY they increased it, it wasn't a symptom of the increase...again, stop trying to talk about things you know nothing about.

---

By 2025. Did they intentionally not factor inflation?

---

Great news.

---

RetsuZaiZen posted...

By 2025. Did they intentionally not factor inflation?

minimum wage bumps never do.

RetsuZaiZen posted...

By 2025. Did they intentionally not factor inflation?

2025 is only 4 years away. How much inflation are you expecting in that time?

---

one of my Trumper friends shared this beauty.
Also, it looks like baby's first web page created with geocities

I still think minimum wage should be raised up and determined by cost of living in each state. $15 min wage in Mississippi gives a ton more buying power than say $15 in Hawaii. Trying to have a sweeping, fix-all number just seems kinda backwards and oversimplifies the entire situation for the sake of having a tidy number that looks good on headlines.

---

Questionmarktarius posted...

Enjoy that poop covered touchscreen becoming mandatory.

Those things are swimming in all kinds of viruses, some more deadly than corona even.

---

I imagine in the future they'll be self-cleaning.

---

pogo_rabid posted...

I still think minimum wage should be raised up and determined by cost of living in each state. $15 min wage in Mississippi gives a ton more buying power than say $15 in Hawaii. Trying to have a sweeping, fix-all number just seems kinda backwards and oversimplifies the entire situation for the sake of having a tidy number that looks good on headlines.

Hopefully that incentivizes people to actually move out into those states. The country would be in a much better state if people weren't trying to cram themselves into the same three cities and actually distributed themselves more evenly.

---

VipaGTS posted...

where did i say anything about cost of living? The cost of living was already high before the increase. That's WHY they increased it, it wasn't a symptom of the increase...again, stop trying to talk about things you know nothing about.

The minimum wage isn't even $15 in California(yet). You should probably get your objective facts right before lecturing others for not knowing what they're talking about

---

That's the equiv of a conservative saying "don't like the pay, just get a different job".

---

kingdrake2 posted...

it's already up to 12$ around here. just jacks up the cost of everything else :(.
even rents go higher when wage increases happen (more than the increase itself).

To get this to make any difference, we need strict caps on the cost of living to make sure this money stays in the bank accounts of the people who EARN it. Raising minimum wage causes corporate businesses to put fewer people on the floor and overwork them, which results in longer wait times for customers. It is a reaction to not only sidestep paying more money to employees, but also to punish the people for voting for a wage increase.

The country has to do something about this first, because when these people sniff a few extra cents in our pockets, they know to increase rent or some other type of mandatory fee.

Questionmarktarius posted...

minimum wage bumps never do.

Not quite true. Some places try to work that in by having minimum wage get adjusted each year based on some maths stuff regarding inflation of certain goods.

---

s0nicfan posted...

Hopefully that incentivizes people to actually move out into those states. The country would be in a much better state if people weren't trying to cram themselves into the same three cities and actually distributed themselves more evenly.

That's the equiv of a conservative saying "don't like the pay, just get a different job". And if you're working a minimum wage job, you're effectively tied down. Moving cross country isn't exactly the cheapest thing, doubly so for people who are effectively wage slaves to their jobs.

---

Democrats really don't want to win the 2022 and 2024 elections, I guess.

Solid Snake07 posted...

The minimum wage isn't even $15 in California(yet). You should probably get your objective facts right before lecturing others for not knowing what they're talking about

it is in the area i live, and the entire state will be there soon. The point is your fear mongering about "mcdonalds prices" (which, why do you people always go straight to fast food as your gotcha with this lol) is stupid.

---

Now milk is going to cost $310^5

Fuck!

---

pogo_rabid posted...

I still think minimum wage should be raised up and determined by cost of living in each state. $15 min wage in Mississippi gives a ton more buying power than say $15 in Hawaii. Trying to have a sweeping, fix-all number just seems kinda backwards and oversimplifies the entire situation for the sake of having a tidy number that looks good on headlines.

It absolutely should be set at living wage rather than a particular dollar amount, but it shouldn't be set by entire state. Living wage can vary pretty dramatically for different areas within a state, by a few dollars an hour or more.

pogo_rabid posted...

That's the equiv of a conservative saying "don't like the pay, just get a different job". And if you're working a minimum wage job, you're effectively tied down. Moving cross country isn't exactly the cheapest thing, doubly so for people who are effectively wage slaves to their jobs.

If cost of living is spiraling out of control in a handful of cities, trying to artificially design the system so that an infinite number of people can live there is insanity. If raising the federal minimum wage makes it so that somebody could live a much better life in a state that's less populated, that should be incentivized not used as an excuse to further increase wages in the handful of places that are already overcrowded.

---

https://www.youtube.com/watch?v=VVXP_HWoF_E

Tenlaar posted...

It absolutely should be set at living wage rather than a particular dollar amount, but it shouldn't be set by entire state. Living wage can vary pretty dramatically for different within a state, by a few dollars an hour or more.

Absolutely, for the sake of conversation I was simplifying. Didn't want to get bogged down in being pedantic.

---

By the way, to figure out how much this would affect things prices, youd need to know what % of the products price is due to labor. For a lot of things, you can double the labor cost and barely increase the price to remain at the same profit per unit due to how little labor actually contributes to the cost.

---

Kolibri X posted...

Pass that dynamite to the next president. Nice.

You sign it now and it goes up over time

---

I like how people make the argument that minimum wage bumps could be bad because sleazy companies can exactly counterbalance it, but don't make the connection that maybe there should be regulations on sleazy companies.

I mean, I don't fully blame people. Companies and economics has been mythologized in American culture so people think of them as natural forces rather than man governed systems.

---

Its just mindboggling to me that anyone opposes this

What a pointless thing to be absolutely cruel about

---

VipaGTS posted...

it is in the area i live, and the entire state will be there soon. The point is your fear mongering about "mcdonalds prices" (which, why do you people always go straight to fast food as your gotcha with this lol) is stupid.

I haven't said anything about the cost of a big mac genius. But if you want to get into the subject of corporate fast food giants they're gonna have a much easier time weathering increased labor costs than smaller regional chains or local restaurants.

It's the same reason amazon is a proponent of a federal minimum wage increase. It's another way for them to box out competition that can't afford to keep up.

---

ShotgunSilencer posted...

one of my Trumper friends shared this beauty.
Also, it looks like baby's first web page created with geocities

This was posted a few times by people I know yesterday. Besides the dumbness of the whole milk thing it also shows a failure to understand how taxes work.

---

To be fair, the effect on prices is a bit overstated, but minimum wage laws can have other negative effects such as less hours worked per low skilled worker, or less workers hired at low skill positions. Overall, the minimum wage does more harm than good imo because it reduces the supply of labor.

---

WrkHrdPlayHrdr posted...

This was posted a few times by people I know yesterday. Besides the dumbness of the whole milk thing it also shows a failure to understand how taxes work.

lol yeah that is pretty embarrassing. Even as someone who's generally opposed to minimum wage laws, that meme was really dumb, especially with showing the ignorance of how marginal tax rates work.

---

Mike_Stanton posted...

but minimum wage laws can have other negative effects such as less hours worked per low skilled worker, or less workers hired at low skill positions

Not really. Study after study has shown an insignificant effect on aggregate employment.
What actually, happens, is that the guy who can't get consistent ride to work, or the single mom who has to randomly take days off for "kid issues", or the person who just can't lift the box of frozen burgers for some reason, are going to be the first ones fired.

Overall, the minimum wage does more harm than good imo because it reduces the supply of labor.

Quite the contrary. It increases the supply, while lowering demand. All this does is let employers be more picky, so if you're fucking up or annoying the boss in any way whatsoever (see the mom and car-less guy above), there's a long line of people ready to replace you, probably this afternoon.

Think about how long it took to train you to do your job. That's how quickly you can be replaced.