Um no, ive been one before though, you know when i was young, worked 2 jobs and wasnt satisfied with that so i worked hard and was in management before i finished school.
So, you had a high school job that makes you thoroughly familiar with the running of a fast food restaurant? So I can presume that you should have the answer to any question I have. How did determine how many people to have on the clock at any given time?
See people can get ahead with hard work.
I never said otherwise.
Some people though want benefits they did not earn and want everything handed to them.
Undoubtedly.
I have run a business, it doesnt have to be mine to know how to run one and to have run one.
Well, ok then. We'll see how you do as an expert witness.
Extreme what?
...cant point to any that work the way you dream of though, nor do you - or have ever run one, because there is no way that would work and you know it.
Can't point to what? Businesses that pay living wages? Of course I can. Costco. Trader Joe's. IKEA. The Gap. Whole Foods. In-n-Out Burger. Ben & Jerry's. And those are just some of the big names.
One more time, how long do you think there will even be a fast food place, if you expect them to pay the same thing as a fine dining restaurant?
As I told you the last time you asked that absurd straw man of a question, that isn't something that I'm proposing. And I can't even guess what the number would be were such a thing to happen.
Why do you think the people who work there deserve wages on commensurate with something that makes a much higher profit and can afford a higher wage? You don't know economics 101.
I don't know why you think I've suggested anything like that.
You all think also that all police, firemen, city council members etc.. should make the same thing and a really high wage no matter what the taxes that pay their salaries allow for and city size allows for and well over the amount the average citizen of the city makes as well as benefits that most people dont have and pensions well beyond the pale, and part of why many cities are now going bankrupt.
No, no I don't.
Especially in democrat run cities.
The worst mistake that a lot of municipal pensions have made is putting their investments into a rigged stock market and in the hands of disreputable fund managers who skim as much as they can get away with off the top. I actually would probably restrict pretty harshly what public pensions can invest in if I had my way, but that's neither here nor there.
False, inflation is because of the lack of growth.
That's absurd, and in contradiction of blunt economic facts.
Here's the US GDP:
http://www.multpl.com/us-gdp-inflation-adjusted/table
And here the historical inflation rate:
http://www.usinflationcalculator.com/inflation/historical-inflation-rates/
See how the inflation rate spiked at the beginning of the financial crisis of 2007-2008, and then took a nose-dive to around 1% as the Great Recession set in in 2008-2009, and remained low compared to the last decade? I don't recall 2009-present being notable for its growth and prosperity. See the dip down to around 1% in early 2002? It coincides with a period of very low GDP growth following the recession of 2001. Most of the rest of the time, growth and inflation are higher.
You gotta check these things before you claim them. It's really hard to take you seriously when you just make stuff up. I'll bet you didn't even realize that the inflation rate is currently quite low.
Prices have to be raised in order to make a profit usually because of the lack of sales.
That would create a death spiral. Business is poor? No problem! Raise prices! That'll help.
In economics, there's a thing called a demand curve. It relates the price of a good or service to how much of it consumers will buy. You can't raise prices and expect that you'll automatically get more money from whatever you're selling. The only works if the commodity was mis-priced in the first place. Usually, especially in a recession, you'll just drive away customers. Which is why, unless they simply can't afford to do so, businesses will try to ride out the downturns and wait for better times rather than raising prices.
On the contrary, when the economy is good, when people have a sense of security, and money to spend, businesses will raise prices because there is competition to buy their commodities, and people aren't always as const-conscious. This causes inflation. It is a sign of growth...and by the way, the data actually back that up. I'm not just relying on the power of my assertion.
And you libbies want it to be worse, or businesses to close, wow what a solution. No wages is better than low ones right?
Businesses that pay the current minimum are parasitic. They mooch off the taxpayers in the form of welfare payments going to their employees that should be reserved for people who can't work, which allows them to compete on price against more reputable and healthy businesses unfairly. Our economy would be healthier without them.
That said, I don't want to see them go out of business. I just want them to raise their wages, which they will do if we make them.
Because people fall off the roles eventually and give up, and it only looks good on paper - and the new quality of life goes down for everyone because everything doubles and most end up less off, instead of better.
I think it's more likely that you're so sure that you're right about how this works that you'd rather not consider the evidence. And that is the only difference that matters between the two of us. You're a clever person, but you won't back up what you say with actual data, so you're way off in the weeds.
If you believe that is the case, prove it. Can you show that in situations where the unemployment rate change took a dive after a minimum wage hike, there was a corresponding drop in the workforce? Or in the GDP? Or anything relevant to metrics of economic success or failure?
Now why don't you answer all my questions? You have skipped most of them.
That's a lie Angel. I haven't skipped any of your questions. I did point out that some of them were straw men.
(i know why too, because you know what you wish for is not feasible, if it were - everyone would be doing it that way, and you cant give any examples of it working)
They don't do it that way because minimizing wages is in the interests of the owners, and the owners have a disproportionate influence over our politics.
Socialism never works - it always only looks good on paper and in the extreme liberal dreams.
Why don't you figure out what you're talking about before making bold pronouncements and setting up more straw men.