Who in their right mind doesn't support the $15 minimum wage?

Want to go eat at a restaurant? Oh, sorry the service sucks tonight. Had to lay off a bunch of kitchen and wait staff.

Want fast food? Yeah, sorry. Not going to be so fast today.

Want someone else to change your vehicle's oil or do other basic services on it? Yeah, sorry. Closed forever.

Nice Jpg, ass hole

The fuck? How will services suck if people are paid almost double. Have you seen the average restaurant? Full of teen kids who don't give a shit and take their time. You'd probably get better service with a few higher paid workers than a lot of low paid slackers.

How much you pay people is directly proportional to how hard they work for you. I know that for a fact. If you pay people minimum wage at today's rate, they will browse facebook all day.

It's because there are businesses that can't afford to pay their employees that much, you're thinking only from the perspective of the employee, but you have to think about the employer

Hire a few niggers and then let me know if they're worth even $7.25/hr.
You want $15/hr, get a real fucking skill that's marketable besides whining.

I run a dog walking business. All of our employees make over $15/hr.

Customers are happy that our employees give enough of a shit about their dog to provide decent service because guess what, they don't have to go home and argue with their spouse about not having money to feed their kids that night.

Still no signs of losing the business in sight.

Just because there are some incompetent business owners out there who CHOOSE to pay shit wages to their employees and receive shit results doesn't mean good employers will suffer from the minimum wage increase. Just because you can't do well in business and are too greedy to pay people what they're worth, then call your underpaid workers "lazy" for not breaking their ass at $7/hr doesn't mean you're the same category of business owner as me.

And my business is small. When we get bigger, we will raise our pay to $20/hr. Doing perfectly well paying each and every one of our employees 15 at the moment. Granted we only have a few.

It wouldn't actually, but keep believing what the mass media wants you to believe.

Because he's a dumbass that doesn't realize a poor middle and lower class actually hurts the economy more by not giving them enough purchasing power. Give them more money in wages and guess what? They're able to spend more money at better places.

Yeah you've got a point. But then again I wouldn't hire a nigger. But I can see how that might be a problem for some.

But if some crappy megacorporation is doing the hiring for niggers like McDonalds, then they can afford to lose that .001% in profit by paying them $15/hr. Don't you think? Hell, maybe it'll make them slightly less violent to boot.

That's what I'm saying. Inflation will go up both ways. Both the paying of employees and the sales of customers. You end up making more in business because more people are less afraid of letting their money go to buy your product.

If you're incompetent, then sure there might be a couple layoffs at first but it will be more than worth the long term reward.

You want a few real facts? I work for a company that owns three fast food restaurants, 150 total employees. Average wage around $8.00/hr. Avg total payroll every month: $180k. Avg payroll taxes, insurance, etc: $50k. Utilities, franchise fees, food cost, M&R, fees, tech support, advertising, etc: $350k. Total avg sales: $600k. That leaves $15k for new equipment, bonuses or "profit". THERE IS NO MORE MONEY TO PAY AN ADDITIONAL $50k OF PAYROLL AND TAXES!!!

Go out into the real world, you socialist fucks.

I am in the real world dude. I run a small dog walking business and I have vowed to pay all of my employeed a minimum of $15/hr.

So their average payroll would be around 340kish? It sounds like your company isn't very profitable. 600k GROSS profit for 150 total employees is very, very bad. Hell, even 600k REVENUE at that many employees is bad. Holy shit. Where do you work man? If I had 150 people walking dogs for me I would be making millions in sales.

The McDonalds Corporation doesn't own many restaurants. They're owned by individuals. That's what fucktards don't understand. It may be .001% of MCD profit, but it is 100% of any profit an owner might make. MCD Corp makes its money form the minimum $35k a month every owner has to pay the corporation.

Lol and I'm sitting here in canada working my ass off for 11.50/hour

This is not /pol... GTFO

No dumbass, I said $600k in sales, not $600k in profit. And I'm sure you could make $6million a year in sales with 150 dog walkers. Jesus Christ you people are fucking stupid.

Yeah, that's pretty sad but it's kind of their decision to pay nearly 2 million for a shitty franchise anyway. I think people with 2 million to blow on someone else's business can afford $15/hr. Plus you'd probably have to hire less people with that kind of money. And keep in mind their sales would basically double (or more) overnight considering everyone in the country would be making double their current wages.

Man your company sucks ass dude. That's a very low profit margin. Get a better job. I guarantee they're gonna lay you off eventually whether minimum wage goes up or not.

He said $600k a MONTH, genius

sounds like you are shit at running a business fam

>Education programming the intellectual with status quo acadamia

I don't get this, if you're getting an education to become an engineer or scientist or mathematician how does that program any sort of bias? There are no biases in the sciences. V = I/R or E = mc^2 isn't a political agenda, it's something that is measured and tested/repeated.

Oh I see. That's better but they can still afford to pay people more. $15 is really not a difficult thing to achieve in paying your employees. That's firsthand experience from a business owner. I've noticed how much productivity goes up and turnaround goes down. I used to pay our walkers $10 an hour and I spent more money and time finding new ones every couple weeks and for what? $5 an hour? Now I just pay people what they're worth at 15 and I can sit back and let the business run itself. No stress. Money well spent.

Fuck that, bro. I said the company I work for owns those restaurants. I work for the umbrella, not that particular branch, thank God. I'd kill myself if I had to try to make a nigger work. However, the value of the franchises is tremendous and allows the umbrella company to use those assets to build the more profitable parts of the business.

It really shouldn't be the problem of the average worker (ie you) what mistakes or other bullshit expenses the umbrella company has to deal with. They should be REQUIRED BY LAW to pay you a fucking wage that keeps a roof over your head at 40 hours or less a week. Just like I do voluntarily.

Why are you defending their greed? If a tiny business like mine can do it than so can any of these shit-tier megacorporations.

Have you passed high school economics?

Isn't 15 really high? The highest in Canada is $11.25.

The problem is the uneven quality of the labor force. We're based in a poor area of the southeast, with almost exclusively uneducated blacks and whites as a labor pool. They can barely find enough that are smart enough to find their way to work. Majority can barely read and were dropouts. Most will only work 20 hrs a week because any more and they would lose the $25k a year they get in govt benefits. It's pretty pathetic. Would you be willing to pay them $15/hr?

I don't, because in my business it will create poverty.

You likely simplify everything to fit your narrative, so couldn't understand.

But yeah, about 12 jobs would disappear, and the gain in those remaining isn't equal.

I know some simpletons will think that 'X' dollars lost in some jobs added to remaining = same dollars circulating, but nope.

Enjoy you $24 McDonalds meals, and your $22 pints of beer.

I'm right there with you, Cred Forumsrother.

Entire business model would fail, everyone loses their jobs, good family people out of work, all so some shit at McD's can earn more regardless?

Why the fuck should the government even be involved in a transaction between an employee and an employer?! Goddamn no wonder Obama was elected twice.

Somebody please post some tits! My boner is wilting.

$15 is sensible.

My 3 employees are a college dropout stoner who loves dogs, an elderly groomer, and another young 20-something single mom that quit her job at a supermarket.

They are paid $15/hr but only have 4 hour workdays in general (except the groomer that makes 75% comission. Standard for the industry is 50% so we pay more to her too).

So that costs me $180. Yet they pull in about $300-$350 in revenue. I am left with almost double the amount back and my employees are happy despite having only a part time job for full time wages at the current minimum wage.

My customers read that happiness and in exchange pay them tips which further motivates them to do a good job. These are people I can trust not because they went to school or are "smart enough" to do the job well, but because I pay them a respectful wage and respect their lives as human beings and employees.

If you pay someone $7/hr you will get $7/hr worth of labor. If you pay someone $15/hr you will get $15/hr worth of labor. This is somethign cheapskates don't understand.

PLUS you have to factor in turnaround. So if you're paying shit wages and someone finds a better paying job, you will lose that employee, sometimes out of nowhere with no warning whatsoever, and then have to stress about replacing them while picking up the slack yourself or forcing your employees to do it which demotivates them. If you have long-term employees who are paid well, they will fight tooth and nail to keep the job you've given them and care about you because you care about them. It's common sense from a business perspective.

Maybe your business but others such as McDonald's would lose money because their food needs to stay cheap hence fast food.

There's a difference in making 2 dollars an hour in 1930 and 2 dollars an hour in 2016 you fuckwit.

Minimum wage does have to respond to inflation over time, but to jump to 15 dollars an hour country wide is a massive jump in a lot of states, nearly double in some.

That would absolutely obliterate the national economy, let alone the economy in some of the lower paid states.

15 dollars an hour isn't a terrible idea, but it has to be done over time, not right away all at once. You have to let the economy adjust in smaller increments.

Think about the fact that everyone will be paid $15/hr (including customers not just employees) so sales of virtually every single business in the country will double too.

Doesn't make any fucking sense. Competition will still exist. That kind of thing hasn't happened in history when minimum wage was increased int he past.

Because kids shouldn't be allowed to work in dangerous factories breathing asbestos 14 hours a day. For starters...

And people should be paid a living wage.

oh god, no no no...
not trying to be a dick, but it won't work like that
a huge portion of the workforce is already over that wage, so for them, prices just go way up.

thus things that depend on discretionary income no longer get purchased at the same volume, and thousands of higher paying jobs disappear.

if you can't get more than $15 after your 20's, change something.

Can I work for you? Would you have a Cred Forumstard work for you?

That makes sense. Obviously the point is that the current minimum wage is not sustainable. $15/hr by 2020 would make sense.

Then again, I'm paying my employees $15 today and I'm not feeling any strain because of it. It's just a fucking excuse for greed. Don't buy it. $15 isn't far off from $7 if you get more productivity for it. You still get about the same or even more productivity per dollar.

Businesses aren't in the business of losing money.

Not only are you inflating their labor costs overnight, all of their expenses will rise. The delivery drivers that bring products and services to their locations are now getting paid more so those services become more expensive. You think business owners are just going to swallow those costs or maybe just maybe they'll get passed onto the consumer?

>a huge portion of the workforce is already over that wage, so for them, prices just go way up.

Obviously wages will increase for them too. Doctors might not see much of a raise, but people making $16-$20 might see a +$2-$3 bump. People at the higher end will benefit the least but they're doing fine already.

>if you can't get more than $15 after your 20's, change something.

Not many people do these days. Considering the debt you have to pay back, it's hard to even make $15 work for some people.

>thus things that depend on discretionary income no longer get purchased at the same volume, and thousands of higher paying jobs disappear.

That doens't make any sense. How will purchasing go down if 3/4 of the entire workforce suddenly makes double their usual pay? Theere's a lot mot minimu wage workers than there are $17/hr workers.

>Not only are you inflating their labor costs overnight, all of their expenses will rise.

Guess what, sales will inflate too. Customers making more money will buy more product.

>The delivery drivers that bring products and services to their locations are now getting paid more so those services become more expensive

Truck drivers make like $40/hr. They'll probably make the same amount after a wage increase for minimum wage. Or maybe a dollar or two more. Negligible.

>think business owners are just going to swallow those costs or maybe just maybe they'll get passed onto the consumer?

They will get passed on to the consumer but the consumer will have about double the discretionary income to pay for it.

3/4 of the workforce gets double pay?
No possibility you can actually factor numbers like this...
Volume will decrease on discretionary purchasing, and this will lead to greater loss of income amongst the target group than raising minimum that high will achieve.

Look around...there's a lot more of the workforce making $15+ than I think you realize.

>Truck drivers make like $40/hr.

I don't know where you get this info from but I'm only making 14.50 and hour

Forget the delivery drivers then..... All of those companies have people making minimum wage in in plants and warehouses as well. Those wages go up. You think a guy who has been working for a couple years to get himself to $15 an hour is going to be happy when the company starts hiring people at his rate of pay? Not likely, going to have to up that pay scale as well.

All the consumers are going to have double the income? Which consumers? The ones laid off due to lack of funding for wages,or the ones laid off due to their jobs going to automation?

This is a horrible idea man.

>3/4 of the workforce gets double pay?

Well maybe like 60%. Most people work 2 or more minimum wage jobs.

>Volume will decrease on discretionary purchasing, and this will lead to greater loss of income amongst the target group than raising minimum that high will achieve.

I really don't understand you here. MOST people in this country work for less than $15/hr. If people go from making $7/hr to $15/hr that will increase discretionary spending by a lot.

Currently, 30% of the entire population is making $7/hr. That doesn't include everyone up to and including $14/hr.

bls.gov/opub/reports/minimum-wage/archive/characteristics-of-minimum-wage-workers-2014.pdf

raisetheminimumwage.com/pages/demographics

It's actually worse than says. Some guy fid the numbers for Alberta, Canada. Their leftist government has promised $15 an hour by 2018.

A person working for minimum wage now at ten bucks and change for 40 hours a week will make almost $5000 more than he will when the minimum wage goes to $15 an hour.

Because TAXES! That's right, the taxes go up with the minimum wage. How's that for some shit? The government wants more money, but they wanna keep the suckers on the chain gang happy. So they give you the higher minimum wage, but steal it all back and then some with higher taxes.

The Devil is in the details.

That's really low man. Do you have a CDL A? Find a different company if not. That's exceptionally low for a CDL driver. It's average pay for a non-cdl driver. Although some make over $16/hr.

>$15 an hour is going to be happy when the company starts hiring people at his rate of pay? Not likely, going to have to up that pay scale as well.

Whether happy or not, he'll have to deal with it. Suck it up. Other people can afford their rent now. Big deal. Live with it.

Chances are they'll have to up the payscale by a dollar or two, but it's very likely that people paid $20/hr or more won't see an increase, so they won't see much of a benefit.

>All the consumers are going to have double the income? Which consumers? The ones laid off due to lack of funding for wages,or the ones laid off due to their jobs going to automation?

This argument is thrown around all the time but really try and think about it.

If a business makes 500k/year sellign shit to people who make less than $15/hr, and then suddenly those people make 15, then they make a million per year. Then it no longer becomes necessary to lay anyone off. It's common sense. Inflation happens on both sides, not just the employer's side. The customer's too.

So you just assume all businesses are going to double in sales and that's that? Just choosing to ignore the fact that that money takes a hit because of labor cost increase and product increase?

You've got a pretty hard line stance on all the guys making $15 an hour now huh? "Big deal, live with it"

Why not apply that fortitude to the people making minimum wage now? Thats your lot in life friend-o. Deal with it!!!

Sounds to me like you're a minimum wage earner who is jealous of his bosses car and house, enjoying this pipe dream of making all that sweet $15/hour.

You're still gonna hate your job.

"People can afford their rent now"

YUP. With an increase in minimum wage, all rents will remain the same and not increase to accommodate the new minimum wage.

Are you fucking retarded?

Problem is the business won't be making as much because they gotta pay more for workers. To keep their profit margin the same they will have to cut costs somewhere, even with increased sales.

If you don't follow economics you don't really understand how this works. You just want more money. Well, that money has to come from somewhere, shit don't grow on trees. To give you more money, your employer has to make more money from your work. That means he has to charge more for the product or service he sells. That means customers pay more. And it means YOU pay more for the stuff you buy because it happens to everyone at the same time.

Oh, and don't forget the government. Once you start making more, they want their cut. And their cut grows with your income. They don't care if you pay $5 for a gallon of gas, they still get half.

>So you just assume all businesses are going to double in sales and that's that? Just choosing to ignore the fact that that money takes a hit because of labor cost increase and product increase?

Think about this more critically. Their profits will probably double in the medium term IF they decide to keep their employees in the short term. If they decide to lay people off, they will be penalized and have to rehire people to attend to the influx of new business from people with more spending power.

>You've got a pretty hard line stance on all the guys making $15 an hour now huh? "Big deal, live with it"

Yeah, I say grow the fuck up to those people. If it upsets you that someone else can actually pay their rent then I have no sympathy. I wouldn't mind it in the slightest as long as I got a very slight pay bump. No pay bump at all would bother me slightly, but that would only make me job hunt for new prospects in the higher paying marketplace. The market will even eventually after the pay raise.

>Why not apply that fortitude to the people making minimum wage now? Thats your lot in life friend-o. Deal with it!!!

Not really. That's retarded. The point is that some people are working full time and still on government assitance or working 70 hours a week to cover basic expenses. That's slavery. That's a serious problem for the country and it's honestly become a national defense matter. If people are paid shit wages, the economy will slowly die and our infrastructure will crumble. Nobody can fucking buy anything except the multitrillionaires sitting on all the wealth. What the fuck.

>Sounds to me like you're a minimum wage earner who is jealous of his bosses car and house, enjoying this pipe dream of making all that sweet $15/hour.

I'm a business owner that pays all of my employees $15/hr minimum and will continue to do so in the future regardless of the law.

>insult instead of argue

>If you don't follow economics you don't really understand how this works.

Why do conservatives always say this shit to anyone supporting wage increases?

The minimum wage DOES NOT REFLECT the modern day working world.

And saying it will hurt business is shit. If you can't run a fucking business to accommodate changes in society, fuck you.

>$15 is sensible
For a real job yeah

Rents will probably go up but so will people who are paid $15-$20. They can probably expect a slight pay bump.

What the fuck do you think is a better solution? Keep minimum wage as is while inflation rises every year regardless? Haven't you noticed packages of food getting smaller over the years and still costing the same as they did before? It's happening regardless of wages staying stagnant.

Yes the customer will pay more because they will be making more money too. It will be a net gain for everyone except the very very top of wealth.

Please find a moment in history where increasing wages devastated ANY economy. I'm sure you won't.

Just saying prices will go up is not an argument.

The argument is why aren't we paying people better starting wages?

......soooooooo You currently pay your employees more than minimum wage, but when the increase hits you're going to pay your employees minimum wage?

And you're arguing that this increase won't hurt businesses because they'll be doing double in sales?

Why not pay your employees between 20 and 25 an hour?

a "real job" pays about $20+

but schoolkids like you shouldn't be expected to understand this.

Well that's good because my dream is to one day expand this business and pay people $20 per hour, along with benefits and paid dog training or grooming school. Still some years away from that.

>......soooooooo You currently pay your employees more than minimum wage, but when the increase hits you're going to pay your employees minimum wage?

At first yes, but as we get more business the pay will slowly increase. I only have 3 employees at the moment.

>Why not pay your employees between 20 and 25 an hour?

It's not realistic at the moment. If I had more customers who could afford our services in the first place, then it would be. A $15 minimum wage would be great for my business. Then I'd get many many more eclients. I hear so many people tell me they want a dog walker because they worry their dog feels alone but can't afford it because they work in some shitty factory for $9/hr. It's a real shame.

I work in research, I have literally designed 2 Chemo drugs, worked out how 2 more function in the body (for better medical usage) and designed 2 models for testing drugs on rare pediatric disorders. I make the equivalent of 13.50 / hour when you don't include overtime (really about 5 / hour). now why the fuck do you think burger flipping is worth 1.50 an hour more than what I do? And, if your just going to raise what I make, than so will everyone else, and everything will simply be bigger numbers with no real changes

Stop making the lefties think! You'll hurt their poor little cuck brains

No offense but people who would pay $15 for dog walking would also pay $150 for dog walking because they really aren't concerned with their money if they can afford those type of services. Better margins mean you can pay more.

You can just raise the price of a mcdouble to $4 on me to double the wage of the person making it. Then I could just make my own burger. It's not the same value.

the minimum wage was invented in the 19th century to wipe out the poor. All minimum wages destroy jobs, so the plan was to set a minimum so high that the poorest in society would die out.

If you want to help the poorest support the reverse income tax.

I honestly do because people deserve to live some kind of life with their families. It will strengthen the economy by double at least. And it will reduce the general insane income disparity.

You'd be stupid to be proud of doing what you do for 13.50 an hour. Demand more pay or find a company that gives a shit about you. Trust me, there is one out there. More and more small companies are paying $15/hr. I'm sure the same is true of at least one research group out there.

Because the starting wage is supposed to be gor starting workers.

By the time you get to a wife and kids you are supposed to be a more valuable worker and WORTH MORE. 10 years of flippin burgers is NOT A FUKKING CAREER!

50 thousand truck driving jobs went unfilled in 2015 because low skilled workers didn't want to upgrade their skills. $40,000 dolkar a year jobs for new hires and a friend with a trucking business says he can't even find workers to train, not even if he pays for the training, not even if he pays them to get trained.

They either can't pass the drug test, or a background check

>No offense but people who would pay $15 for dog walking would also pay $150 for dog walking because they really aren't concerned with their money if they can afford those type of services. Better margins mean you can pay more.

Our dog walks are about $15-20 an hour, but employees can do multiple dogs at a time and each walk is only 20 minutes. We pay $15/hr and still end up with decent money.

>You can just raise the price of a mcdouble to $4 on me to double the wage of the person making it. Then I could just make my own burger. It's not the same value.

The materials to make the burger stay basically the same, especially since most of that stuff is automated. Maybe a slight increase. You wouldn't see a double priced mvdouble after a $15 minimum wage. Maybe a $3 one.

Man you are stupid. If there was no minimum wage now people would be paid $3/hour and starve to death anyway.

>50 thousand truck driving jobs went unfilled in 2015 because low skilled workers didn't want to upgrade their skills. $40,000 dolkar a year jobs for new hires and a friend with a trucking business says he can't even find workers to train, not even if he pays for the training, not even if he pays them to get trained.

Because he probably pays them shit to live on a road eating TV dinners away from their families for 6/7 days a week including holidays.

People who complain about not being able to find workers are the ones who pay shit and expect superman for minimum wage. I've seen it everywhere. Tell him to increase his pay rate or cry some more.

I have no problem whatsoever finding workers. I have 3 people on hold right now who have asked me for a job. But I don't have the volume to hire them yet.

I can't speak for America, but as a Canadian working as a bartender this type of increase would be devastating.

A combination of increased meals/drinks and knowing an establishment is paying $15 and hour to its staff would send gratuities plummeting. People already make a huge stink if we raise a pint 10 cents to cover a liquor tax increase.

Then you would have servers and bartenders actually working for minimum wage. The reason these jobs are alluring is the earning potential. Why give up my nights and weekends if I can work a comfortable mon-fri 9-5 and make the same amount of money?

The food and beverage industry will take a massive hit.

>$40,000 dolkar a year jobs for new hires

There's your problem. Is it over the road or home daily? If over the road that fucker pays shit.

>Man you are stupid. If there was no minimum wage now people would be paid $3/hour and starve to death anyway.
So? If they die, they die.

>Obviously waiters and other tip workers would be excluded. They might get something like $5/hr instead. They currently get $2/hr.

The only people with a $15 minimum wage would be people who don't collect tips. You'd see a lot more tips from higher paid customers than you do now.

It's not that simple, to do what I do you have to go to school for more than just a B.A., which they pay you like crap for and then you have to do a post doc, which the pay you like crap for. Then you can get a cushy job with a better firm. And, no it's not just cause they can. Research is extremely expensive, so they only want to pay for guaranteed good workers and this is the system they use to figure it out.

B/c The only way I can sleep at night is knowing that somebody's life is even worse than mine.

I know fuck me right?

It's already happening here. Seattle raised it's minimum to 15 and dozens of small bars and pubs just closed up or left town. All that's left is the big chain places

Home daily. Owns a waste collection company, so they drive a class B truck on a regular route, no heavy lifting, the truck does that.

Just clicking through random replies itt and a half dozen mcdonald's references?

>the price of a mcdouble will go up to 4 dollars.

Go fuck yourself you slovenly shit.

>I don't understand how income taxes work
>but I assume I must be more intelligent than everyone else anyway

Where I am from minimum wage is $10.85/hr.
Service industry minimum is $9.60

The difference isnt as large as you think. When those increases come into effect, meal and drink costs will increase significantly to offset those changes, gratuities will fall, and servers will leave the industry for a more normalized lifestyle.

Garbage truck jobs pay more than 40k/yr. Still shit pay. He's about 10k short the national average. I mean come on, you're driving a truck that smells like fucking garbage. On rainy days. On hot summer days. Every fucking day.

He cant find people because he's a cheapskate, pure and simple.

Are you the idiot comparing a small boutique business to actual business models? Just stop, you're the equivalent of the Avon lady trying to explain economics. It's laughable and you really don't have a clue how any of the bigger systems function.

IN the USA it's like $2/hr. Either way this wouldn't affect Canada.

I don't know about you, but I'd tip a lot more if I suddenly had double the spending cash. And Id go out to eat more. And so would everyone I know.

The bigger systems function on greed stupid. They can more than afford to pay workers $15/hr. It's small business that has a harder time doing it but if I can find a way, then I have proven that it works while keeping profits double of my expenses.

"BIgger business models" focus on paying shit and squeezing every last hour of life out of your worker bee employee workforce that you can, with insane turnover rates. Fucking idiot. If I was in charge of a multibillion dollar corp, I would double profits in half a year.

Because that's fucking retarded. YOU DO NOT SOLVE A PROBLEM BY THROWING MONEY AT IT. EVER. That said, they should raise it to $10.

Why doesn't it work? INFLATION. Your buying power on your new money goes down. Prices go up. Surprise!

All it does it fuck over the middle class, which is already being fucked over enough as it is.

How to solve? Have businesses pay more needs of their employees. Have government further regulate property rates. Have government make laws on how employees health insurance is paid though businesses. Whatever.

Because when you let these giant companies call the shots, they will squeeze the lower classes as much as possible. Big businesses either need to be taxed more properly or need to cover their low wage employees' health insurance better. That's what fucks up the rates for the middle class instead of the people on top paying for that shit.

The minimum wage increase to $15 is something being seriously talked about in Canada.

Alberta just had an increase to $12.20 and what that means is that a restaurant employing 10 people will be paying roughly an additional $31200 in wages per year.

This is NOT a small amount and this was with a small minimum wage increase. A large one to $15 would cripple many businesses.

You are the person running the equivalent of a neighborhood dog-walking service like suburban children do right? I think you over-estimate your abilities a bit. Maybe upgrade to a lemonade stand first.

>The minimum wage increase to $15 is something being seriously talked about in Canada.

I wasn't aware of that honestly.

>Alberta just had an increase to $12.20 and what that means is that a restaurant employing 10 people will be paying roughly an additional $31200 in wages per year.

Well mathematically speaking it should be a small amount unless they were being paid like $8/hr previously. $10-$12 is not that much of a difference. If you pay people more, they will work harder. They should be getting more productivity out of those workers if they pay them more.

me likey opening pic. more debt slaves please and if you can be unfulfilled and give us that energy too. that would be great. thanks in advance for feeding the energy needs of the predators

Lol, I probably make more money than you bucko. Dog walking is a very profitable business. There are virtually no overhead costs whatsoever.

Also forgot to mention that 31,200 is only the cost of what, one staff member extra per year? When they already have 10? That's not major at all. If I had to pay another 10% in wages to my employees I would barely notice it.

It's called greed. The cost is not as overblown as you think but greedy business owners will always complain about the slightest increase. Also keep in mind you can write off employees wages on taxes in some cases, so they are crying about nothing essentially.

It's not my problem you're a fuck up in life and can't support yourself. Here is a tip
>Highschool
>college + student loans
>pay your shit off as you go on.
>graduate
>use your major to make yourself a career.
Boom, it's not that hard, it just takes a lot of time

The reality of the situation is that if a restaurant owner wants quality staff at $15 and hour, he/she is more likely to pay the best 2 staff members $20/hr and lay someone off rather than pay 3 servers $15/hr.

Sure it's helped 2 people and the shop owner saves a little in labor, but it puts one person out of a job.

>Why doesn't it work? INFLATION. Your buying power on your new money goes down. Prices go up. Surprise!

If you think inflation is simply proportional to the minimum wage, then you're an ignorant fool. This redistribution of income in our present situation will likely restart consumer demand, lead us out of the perpetual economic stagnation that the lack of demand has caused, and only increase inflation minimally because we're producing far below our production possibilities. Inflation does not always erase lower-class economic gains from minimum wage increases - maybe you should have spent more than one lesson learning economics.

>If you pay people more, they will work harder

LOL. You can't possibly be this dumb.

That really depends on volume. Just in my experience it would make a lot more sense to keep more employees at 15 in case one calls out sick one day. It's not smart to overpay too much because then you can't keep people on backup duty, but you do have to pay a living wage to expect any sense of productivity from your workers. Or they will resent you when they see that check for $1000 for pet sitting in your name instead of theirs.

You're not too bright if you think this way. YOu really expect everyone in the entire economy to get a high paying degree? Everyone's gonna become an engineer or a doctor? COme on man. That's retarded.

And school should be included in your taxes like it is in the rest of the civilized world.

Nice retort. So if the minimum wage doubles are you going to double the wages of your employees? That is how it should work right? What would you have to do to support the new higher wages while still maintaining your profit margins? That's right, raise the cost of your services. So let's say one of your employees uses your services. Did they actually get a raise or was it smoke and mirrors? This is why doubling the minimum wage is a shit plan. The costs of doing so are passed immediately back on to the consumer. Their buying power remains the same. People who were making higher wages that see no increase in wages have now had their buying power dramatically decreased.

LOL. You can't possibly have experienced firsthand from running your own business.

>beat the slaves harder
>I've got some economic privilege to enjoy

>So if the minimum wage doubles are you going to double the wages of your employees?

Not immediately and not double, but wages will definitely go up as we see more customers who can afford dog walking with their higher wages. I want to pay at least $20/hr with benefits to all employees including part time one day.

>That is how it should work right?

Yes over time because prices will go up, but so will sales for the business.

>Their buying power remains the same.

No it doesn't. Are you fucking retarded? IT goes way way up. As it has in the past countless times every time minimum wage was increased.

Do you think their buyign power will go up by keeping wages stagnant?

Man some people just lack the slightest shred of common sense.

>They should be getting more productivity out of those workers if they pay them more.

You fucks keep repeating this argument like money makes people magically work harder.

I bust my ass off every day for my money, getting an extra 5 dollars an hour isn't going to make me somehow double my work capacity. I'm only fucking human m8 I don't run on money

If peoples buying power keeps going up over the years why are we seeing an increase in lower class and a shrinking of the middle class?

Wow, you really only have ever looked at page one of those graphs. Marginal cost of living increases are much better as the stagnation is staved off for longer. A yearly 2.5% increase would be way smarter money.

Whoever runs the business is a real idiot

If economics has taught you that, then you are only looking at the small picture. At first, yes, it will restart consumer demand. But slowly over time prices will increase to balance out that offset. It's obvious that it is happening now.

If you base your economy on minimum wage and taxes, everything will proportionally adjust over time to balance. The only way to stop it is to move some of the costs from the workers to the business owners based on wages on how big the businesses are.

Here's an idea. Let's give everyone $30/hr minimum wage. That'll cover the living costs right?

If the minimum wage were raised to $15, I would undoubtedly quit my shitty fucking, albeit high-paying, factory job, go back to working part time, and go back to school.

What on earth are you talking about? Peoples buying power is going down because minimum wage is staying the same while inflation keeps going up.

>You fucks keep repeating this argument like money makes people magically work harder.

Yeah no shit it does. Common sense would tell you this much.

>I bust my ass off every day for my money, getting an extra 5 dollars an hour isn't going to make me somehow double my work capacity. I'm only fucking human m8 I don't run on money

If another job suddenly came along that paid $5/hr more but required the same amount of work, would you instantly jump ship to that other company? That's part of what I mean. Loyalty comes at a price and that price is a living respectable wage.

yes of course all my problems are the queens fault

>When someone has to work 3 different jobs to barely pay their rent and food bills there's a fucking problem
Yes, and that problem is a stagnant economy that has outsourced all its mid-skill jobs to the third world. Raising the minimum wage only fuels inflation and makes the problem worse.

If you want to fix the problem then you need to end free trade and build a well-rounded national economy.

What I'm trying to tell you is that the outcome of EVERY policy depends on the current circumstances - it isn't possible to extract policies and their outcomes from the real world and say things like "minimum wage increases will always result in proportional inflation with no real gains for minimum wage workers". Never trust anyone who makes these ridiculous absolutist claims - it always depends on the circumstances and of course $15/hr minimum wage is a substantially different policy than $30/hr minimum wage with much different outcomes. The real world isn't nearly as simple as you're trying to make it seem.

>IT goes way way up. As it has in the past countless times every time minimum wage was increased.

> Peoples buying power is going down because minimum wage is staying the same while inflation keeps going up.

So you're saying that peoples buying power goes up and inflation hits and brings it back down. How is anything going to be different if we increase to $15 minimum?

Man you have no fucking idea what you are talking about. You're either 12 years old or some kind of trust fund baby handed everything in life who doesn't know how 80% of the population is currently living their life.

Marginal costs of living are much better? Are you out of your fucking mind? People have to work until 80 because social security doesn't pay enough for their run down elderly living apartments or food. People have to send their old parents money. Kids have to live at home until 25 or older. What kind of fucking bizarro world are you living in?

>If you base your economy on minimum wage and taxes, everything will proportionally adjust over time to balance. The only way to stop it is to move some of the costs from the workers to the business owners based on wages on how big the businesses are.

Which then in turn passes to the consumers which is not a problem because everyone's making a lot more money at the same time.

>If the minimum wage were raised to $15, I would undoubtedly quit my shitty fucking, albeit high-paying, factory job, go back to working part time, and go back to school.

You could probably do that if you worked for me right now. Students are usually the best employees from what I've seen.

Okay look,

Business are here to make a profit.

They employ people at a certain wage to ensure their costs and overhead are low so they can keep prices of their goods at a certain amount.

You don't believe me? Try buying enterprise software and you'll see why engineers get paid an exorbitant amount.

However, whenever you mass produce goods, and you sell them for cheap, you have to offset your costs elsewhere.

This is why every time we raise the minimum wage, the prices that once existed, also go up, to ensure that the business maintains a certain level of profits. Should these profits dip slightly, investors and shareholders will start to abort mission and your stock is going to start to crash, you don't want this. You want your stock to grow, not only will stocks start to plummet but so will investment deals, and partnerships, they will look at your business and it's future trajectory. If those things don't line up as going up, you're going down.

So, let me tell you. The "media" or whoever you want to point your finger at isn't actually lying when they express concerns about raising the minimum wage. Prices surrounding the businesses that employ at the minimum wage will go up, not only that, but it will hurt those who gather income from other means... government assistance for example will also need to be raised to meet the growing economic demands that is placed upon it's people.

Every time I hear someone say it's not going to affect anything, I seriously hope they die. They are severely uneducated and it shows. It really shows how little they know, and how much they heard someone else say and regurgitate it back.

>doesn't know the difference between cost of living and cost of living increases
>asks if I'm 12
I think we're done here.

The inflation would bring it down but not as much as the buying power would go up. It would be a net gain overall. It looks like a +100% gain but over time would even out to a +50% gain or so for the average. It wouldn't cancel itself out. It would only go down for multi billionaires. Which is why so many of these logical fallacies exist to discredit raising the minimum wage. They are in charge of the debate after all.

Anyone who thinks that more money across an economy = more buying power is a fucking retard. All that does is make the market play catch-up, which is why that's what they have been doing it for generations.

If you jump too fast, businesses suffer. If you stagnate, people suffer.

If you proportionally adjust living costs on businesses by wage and company size (via taxes or direct) then wait shit it'll HELP??

Nah hurr durr $15 herp derp I'm a fucktard.

Raise the wages as they should be raised. Don't jump it faggots

>This is why every time we raise the minimum wage, the prices that once existed, also go up, to ensure that the business maintains a certain level of profits. Should these profits dip slightly, investors and shareholders will start to abort mission and your stock is going to start to crash, you don't want this. You want your stock to grow, not only will stocks start to plummet but so will investment deals, and partnerships, they will look at your business and it's future trajectory. If those things don't line up as going up, you're going down.

Publicly traded multibillion dollar companies can afford a .5% decrease in profits.

Smaller businesses would be hit the hardest. Why defend multibillion dollar companies who pay shit wages dude? It only hurts you and your kids in the long term.

Everything you say is in terms of 1 and 2.

Sales will double, there will be 100% gain down to 50% gain.

You realize the world doesn't work with such easy fractions right? Things dont just double or half arbitrarily.

It has already been stated that a $15 minimum wage by 2020 would be ideal. Not a sudden jump/-

It's already been stated that you're a faggot, does that make it true?

What an idiot. Keep defending your wage slave masters.

Those aren't exact estimates, just examples.

DING DING DING

This non-Objectivist user actually gets it

>nuh uh your explanation meant only to illustrate your point is too simple
>argues that inflation and minimum wage always proportional to cancel out benefit

Fuck, you're too stupid for an adult conversation. Read something besides Atlas Shrugged and Economics in One Lesson for a change.

>sales would basically double (or more) overnight considering everyone in the country would be making double their current wages

Are you not taking into account that prices would rise to cover the cost of the raised wages thus raising the price of products/services? Things would not stay the same price fuckwit, the prices would skyrocket to not only cover the wages of the employees working for the business selling the products/services but for all the employees down the line (manufacturing employees, shipping employees, etc.).

That's why it's called a bubble.

Not exactly, not for extended periods of time, Campbells is going through a pretty terrible stint right now. They didn't increase the price, they simply changed the recipe of ONE of their soups.

Savage market out there.

No it's not simple. And it's not as simple as raising the wages either.

Raising wages? Hurts business. Stagnating wages? Hurts employees.

Keep the wage increase to keep up with inflation because that's exactly what it's doing, having the economy constantly play catch-up. Not this dramatic wage increase bullshit.

It will just destabilize small businesses and low wage jobs until the prices are adjusted to make up for lost revenue. Then the middle class will be forced to find better paying jobs or else they will start falling into the lower class category, effectively making an EVEN LARGER lower class. Thanks a lot.

Don't choose a degree that is shit?? Nigger it's really not hard to become comfortable in life, you don't need a high paying degree to become happy. Something that pays 60k a year is good.

Prices wouldn't "skyrocket". They would raise proportionally to the wage increase as they always have in the past in response to wage increases.

Prices of services and goods may go up a bit, but people will have more money overall to pay for them. And they will not only be able to pay more money per product, but also able to pay for more in quantity. Plus, it opens entire sectors of the lower market to a slightly higher tier of products and services.

So whereas a person who would never go out to eat before could suddenly go out every week, you are not only increasing the sales of existing customers but also adding entire new huge sections of the market into current businesses. It would only benefit every business not making billions per year currently. They would charge more, make more sales, AND see more customers. Win, win, win. Plus their employees would be paid enough to actually give a fuck about their jobs and not turnover as often. Another win.

>more ABSOLUTIST STATEMENTS
>with NO CONSIDERATION OF PRESENT ECONOMIC CIRCUMSTANCES

American big business is sitting on trillions of dollars that they're holding overseas. In THESE circumstances, the solutions are pretty fucking obvious even if they contradict your theological approach to capitalist economics.

Basic income go

Maybe because they tried to save a few pennies on the recipe but people noticed it now tastes like shit. It's the same reason I stopped buying Oreos and most Mass produced chocolate bars. They now taste like fucking shit. Because of greed, not because the market's rough.

Greed will always cut profits in the long term.

You can make arguments against raising the minimum wage. Taxes aren't one of them. The difference between 10/hr and 15/hr is about $900 per year when working full time. That gives an additional 5000 (roughly) in the pocket of the employee.

If taxes worked the way you say they do, there would be 0 incentive to make more than minimum wage, ever.

ITT: People beg for more money, but fail to realize that they will just devalue their currency even quicker.

The currency is devalued because of the federal reserve, not minimum wage.

America's continuing decline: a complete mystery to everyone except those who live outside the United States

The edge

Interest rates are at 1% because of the federal reserve. You don't have a fucking clue how it works.

You do understand taxes are a percentage of income, right, dumbass. You most definitely will not be making less if you earn more and are taxed more. Fucking dumbass right wingers.

>DON'T YOU UNDERSTAND THAT THE ILLUMINATI ARE PREVENTING US FROM ENJOYING PERFECT UTOPIAN CAPITALISM THROUGH FRACTIONAL RESERVE BANKING AND THE GLOBAL ROTHSCHILD BANKING CARTEL???!!?!?!!11!!

Wages only account for a fraction of price determinant. Inflation will not directly correspond to that. You're an imbecile.

The only real way to fix things is to break up the biggest companies.

im getting paid $18 an hour and im browsing Cred Forums, money DOES NOT equal motivation.

>hurrr durrrr

1980
>America would never supply its enemies with weapons!
>CIA funding Taliban

1840
>America would never sink its own fucking ships to start a war
>Spanish American War

>America would never experiment illegally on its own citizens using controlled substances!!!
>MK Ultra

2001
>America would never blow up its own towers to take middle eastern oil
>Towers fell which were not touched by planes. Massive coverup

2016
>Hurrr federal reserve, a PRIVATELY OWNED BANK by ONE FAMILY would never intentionally sabotage american currency to start ww3!!!!
>I wonder where this will lead?

People like you are the reason this shit keeps happening.

Maybe your boss should find someone more motivated? I'd work my ass off for $18/hr.

They don't contradict my argument because my argument is to have these big businesses pay more taxes (in one form or another) on the behalf of the employees based on wages rather than giving people more money. Would be nice to figure out the tax haven situation, but that's not exactly relating to the workers here.

I'm not an expert. All I know is that too sudden of a jump WILL hurt small businesses and WILL hurt the middle class, whether it be a year, a few years, whatever. And that's based on what I know. But I also am not disagreeing with the normal minimum wage increases.

I think the issue is the expensive living costs, like property, health insurance, etc.

You're going to raise prices, but you won't be raising prices 100%, like you will the wages. You suck at economics. That's why you work in hospitality. Also, I bet your upper management won't be getting a pay raise with min wage increase, so it won't be 50k.

You're wrong. A jump in minimum wage would greatly benefit my business in the form of a shit ton of new customers with disposable income.

You clearly don't understand economics. You simply cannot just increase the minimum wage and expect everything to be just fine. If the minimum wage was $15, it would extremely deincentivize any employer from hiring anyone. Nobody wants to pay someone the wage of a general manager to wash the dishes. Overall it would destroy millions of jobs and more people would have NO money as apposed to a little money as it is now. That's just the tip of the iceburg too. I'm not even counting inflation and value of labor or any of that. People who want to increase the minimum wage are stupid fucks.

Yes but over time they would as they can. That's why minimum wage adjustment doesn't work over time, it just keeps up the buying power temporarily

That's retarded you fucking idiot. If everyone gets a pay raise then every business gets a profit raise.

What, do you think people will just randomly be paid more but business income will stay exactly the same? Don't you think if everyone made $15 an hour they would, I don't know, actually bother buying more shit instead of holding on to their money to barely afford the rent?

>this is what liberals actually believe
I work for minimum wage. I agree that it should rise to match inflation, but too much at once will cause superinflation.
This means that, if we do raise min wage, we should do so gradually and with extreme caution.

However your own employee wages would need need to go up as well. If that's not a problem for you then you are not part of the businesses that survive off of minimum wage work, or are successful enough for it to not impact you enough.

Which may require more staff... who'll you then have to pay, which will also increase incidental costs.
Then your suppliers may also raise their prices because all of a sudden businesses have all this disposable income and are buying more stuff.

A sudden jump to a huge number of people can be pretty bad all round. $8/hr is a joke, but $15/hr is a stupid sudden hike. Gotta do it gradual, let the system catch up a little.

Not everyone will start making an extra $7 an hour, only the people already at minimum wage. Overall the extra profit does not match the amount lost in paychecks and the businesses will have to cut jobs to make up for losses.

Most sense in entire thread

I already pay them $15/hr lol. With a miimum wage increase to 15, their wage would go up if we saw enough new business, which is basically guaranteed.

A $15 minimum wage would only help us flourish.

>Which may require more staff... who'll you then have to pay, which will also increase incidental costs.

More staff means more customers. That;s fine with me.

>Then your suppliers may also raise their prices because all of a sudden businesses have all this disposable income and are buying more stuff.

Well I don't really have supplies but maybe our materials would go up slightly, which would also be offset by charging slightly more prices and getting more customers.

>A sudden jump to a huge number of people can be pretty bad all round. $8/hr is a joke, but $15/hr is a stupid sudden hike. Gotta do it gradual, let the system catch up a little.

It would make sense to make it go to $15/hr by 2020 or something.

It's too fucking late for such a drawn out bait thread. Running a 4 man "business" in a niche market with an extremely small audience isn't anywhere close to the real world, you're comparing a grape to a watermelon, it would be near impossible for you to scale your dog walking hobby much larger than 10 people and that's given you have no costs of production, and the fact your buddies work a couple hours a week, you're in way over your head and I'm sorry to tell you that if the highschool grads wage doubles still no one is gonna give a fuck about paying you more money so that you guys can stick it to the man. Good night you beautiful imbecile

> $15 by 2020
Pretty much, yeah. Maybe 2025, but that's at the outside.
Doing it all at once never ends well. A gradual increase that gives the economy a chance to even out is way better.

>Increase minimum wage
>More working class people have liquid money
>Spend it diffusely in businesses local and national
>The overall economy sees a distribution of the corporate money
>that's the fucking point

fuck McDonalds, Nike, Apple, Coke and hundreds of other super rich companies which avoid paying taxes, use common materials without contributions and underpay their workers like slaves

Exactly you're incredibly short-sighted.

If you're already paying $15 and the min wage goes up to $15, then now you are paying your employees bare minimum. Sounds good for your employees right?

Now you have more people with disposable income and you do well in the short run, but now what's this? All your costs are going up? How can that be???

Well, all of your costs are from businesses that have to bump up THEIR workers pay.

Now your employees are saying they need raises because the costs from stores they go to have gone up to match the higher wages. And what do you know, eventually we are back where we started.

And it is guaranteed that a massive change will affect jobs, because a lot of businesses depend on low wage jobs and will need to re adjust. Which is why it must be gradual.

Just. Like. It. Has. Fucking. Been. (Aside from recently, which is an issue, yes)

Lol. 40k is about $19/hr. And that's at 40hrs a week, for 52 weeks. No vacations. That's not being a cheapskate

>no negative effects?
Only 98% inflation over 100 years. But I guess that's a normal number. Why stop now?

LOL, that's what I thought. Stay uneducated, libertarianfag

>If you're already paying $15 and the min wage goes up to $15, then now you are paying your employees bare minimum. Sounds good for your employees right?

Fuck learn to read. If the minimum wage went up to $15, I would be paying them $20 plus benefits at that point after we got an influx of new customers to afford it.

WTF, 13.50 for med research? What state do you live in? In CO I'm getting a little under $30 an hour to basically watch cultures all day.

garbage trucks are 50k a year average. Face it, it's a shit tier job with shittier tier pay. Tell that dumbass to cry more about not finding employees if he can't even pay them properly. What a tool.

This is some retarded logic right here. Coming from a burger flipping faggot that thinks he's gonna be making more money even though his entire cost of living goes up.

The companies which use slaves in China want to pay you in the same way. Little and for maximum quantity of work. You assume our government is representing us against such abuses, it's actually not. The extra money they make from increasing productivity and profits (fortune 500 companies are regularly breaking records) should in part return to the country, for societal growth. All I'm saying is that they pay taxes justly on all their assets, and not hide them.

I own a dog walking company fool.

Minimum wage isn't living wage you fantastic faggot snowflake.
You only want it so you can buy more Anima pillows to make crusty

Garbage truck drivers national average is about 35k. All you need is a high school diploma and a commercial drivers license. Where are you getting this 50k a year?

Less people have money though fucktard if there are layoffs. Godamn STFU

I work a part time job as a cashier at a restaurant. It proves that if they raise the minimum wage to $15 my job is the first to go because it's already 90% robots. They just need to turn the screen around, add a coin accepter and a bill accepted[r and a bill dispenser and that's it. That's why it won't work because only half the people will have jobs.

>35k
>whattheactualfuck

In NYC they make 80k+ per year.

The problem with almost all of this thread and the morons posting shit when they don't understand the economic problems people are having is.... when was the min lifted last? 7 years ago? Fuck, almost everything I buy has nearly doubled in price since then, not even talking about rent and keeping a god damn roof over my head. This shit is fucking ridiculous. If you can't afford to pay your workers a living wage, you are a garbage businessman/woman and deserve to go under.

Which they can then find another job for. Especially if minimum wage is increased gradually.

They're gonna do that shit anyway.

I've been to New York. Those poor bastards deserve an extra $15 an hour.

>thinksnewyorkisanaverage
>whattheactualfuck

"According to 2011 data from the Bureau of Labor Statistics (BLS), the average hourly wage of a garbage man in the United States was $16.55, representing an approximate annual salary of $34,420"

Except, listen to me now, THAT IS EXACTLY WHAT IT WAS CREATED FOR. Mindless fucking fuckstick, pull your head out of your ass.

>dog walking business
LMAO.....Guy you need to quit talking before you embarrass yourself even more. You obviously know nothing about real business.

Excuse me...some dog walking faggot.. what's the difference?

WM pays 50k/year.

Also that's based on a 40 hour work week. Most drivers work 60+ hours which makes up for the higher average salary.

I don't get it. Dog walking is insanely profitable and requires basically no work on my part. Maybe it's jealousy?

Again, you're talking about one company. Not a national average.

Are you one of those idiots who thinks you earn less if you just barely go up a tax bracket? They need to start teaching tax (and law for that matter) in high school, I think it would go a long way to fix a lot of idiocy.

$15/hr is a false front. It's a bandaid proposed and backed by corporations and special interest groups to keep the working class from realizing just how far from reality our wages are. In reality the minimum wage should be almost $30/hr. Accounting for inflation alone it would be around $24/hr.

The minimum wage should be tied to inflation and an accurate cost of living index.

Don't let them fool you, the $15/hr increase is a sham designed to undermine any attempts to actually fix income inequality.

How profitable?

But I thought you said everyone's buying power doubles? Sounds like your employees only gain 25%.

Do you realize how expensive it is to live in any of the 5 burrows?

Wrong. Inflation should be outlawed and the Federal Reserve put in check.