Schuylaars Sesh - The New Wedge Issue for 2014 Mid-Terms..

UncleBuck said:
because it's your fucking theory.

your unsubstantiated, anecdotal, never-happens-in-the-real-world theory.
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Here's a paper examining increases in the minimum wage and business failure rates: http://www.jstor.org/discover/10.23...2&uid=70&uid=4&uid=3739256&sid=21103202847761. Conclusion: no relationship.

Here's a paper criticizing the methodology of the first paper: http://www.jstor.org/discover/10.23...2&uid=70&uid=4&uid=3739256&sid=21103202847761. But the conclusion is the same: no relationship.

I'm inclined to agree. I think increases in the minimum wage come at the customer's expense, in the form of higher prices, inferior service, etc. I suspect many of the "gains" to minimum wage workers are erased by higher prices.
 
UncleBuck said:
it would be covered by glenn beck, rush limbaugh, ann coulter, laura ingraham, and fox news more extensively than benghazi.
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Except businesses don't generally announce why they're closing. That's my point. There are probably 100,000+ business failures (at least) in this country every single year, almost none of them with detailed--and nevermind honest--explanations. With that said, it seems quite silly to demand that examples be named.
 
beenthere said:
The Average Income for Fast Food Franchise Owners.

by Rick Suttle, Demand Media


Owning a fast food franchise can take a significant investment, and many owners work 60 or 70 hours per week when starting out. Some even go on to purchase additional franchises, once they have their restaurants operating efficiently with experienced managers. Fast food franchise owners oversee all operations of their restaurants, including food preparation, customer service, inventory and storage. They also closely manage their labor and food costs to maximize profits. These franchise owners earn incomes averaging just below $50,000.


Income by Region:

In 2013, average incomes for fast food franchise owners varied somewhat among the four U.S. regions. In the South, they earned the highest incomes of $56,000 in Washington, D.C., and the lowest of $40,000 in Louisiana, according to Indeed. Those in the Midwest made $35,000 to $51,000 in South Dakota and Illinois, respectively. These franchise owners earned $32,000 to $51,000 in Hawaii and California, respectively, the lowest and highest incomes in the West. In the Northeast, they made the most in New York and the least in Maine -- $57,000 and $40,000, respectively.

.

Now, let's see one of you faux entrepreneurs figure out where all this money to cover a $15 hr minimum wage is going to come from.
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*income per site:wink:
 
tokeprep said:
Except businesses don't generally announce why they're closing. That's my point. There are probably 100,000+ business failures (at least) in this country every single year, almost none of them with detailed--and nevermind honest--explanations. With that said, it seems quite silly to demand that examples be named.
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*actually they do when surrendering tax id numbers or filing last return.
 
tokeprep said:
I think increases in the minimum wage come at the customer's expense, in the form of higher prices, inferior service, etc. I suspect many of the "gains" to minimum wage workers are erased by higher prices.
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2006-2009, united states of america.

minimum wage goes up 40%, the big mac goes up 15%. check the BLS for other commodities: milk, eggs, bread, etc. and you will see that none of them climbed as quick as wages did.

this is some simple, simple stuff for someone who went to a "top national university". hell, i'm an ASU dropout and it's common sense to me.
 
UncleBuck said:
name one business that has ever had to close its doors to a minimum wage increase.

all i need is one example to validate your theory and hypotheticals. otherwise, without actual examples, that is all you have: theory. talking points that are so deluded that they never happen in the real world.
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First of all I am sure thousands of businesses close their doors yearly because of unforeseen cost increases, it's a pretty big killer. Some companies lose thousands of employees yearly did you see what happened to Starbucks when they had to increase their prices? Think they wanted to have huge layoffs and closures? Tell me how business making a 35 to 51k profit going to double their workers salaries? The shit you say shows how fucking clueless you are child.
 
tokeprep said:
Except businesses don't generally announce why they're closing. That's my point. There are probably 100,000+ business failures (at least) in this country every single year, almost none of them with detailed--and nevermind honest--explanations. With that said, it seems quite silly to demand that examples be named.
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It's beyond silly it's his childish nature. Everyone knows the large majority of business closes are do to cost increases. This isn't rocket science, I want to know how he expects to double salaries for all employees when the owner is only making a 50k profit. It's fucking retarded.
 
nontheist said:
It's beyond silly it's his childish nature. Everyone knows the large majority of business closes are do to cost increases. This isn't rocket science, I want to know how he expects to double salaries for all employees when the owner is only making a 50k profit. It's fucking retarded.
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now all you need is one single example to back up what you say.

until then, all you have are republican talking points.
 
UncleBuck said:
2006-2009, united states of america.

minimum wage goes up 40%, the big mac goes up 15%. check the BLS for other commodities: milk, eggs, bread, etc. and you will see that none of them climbed as quick as wages did.

this is some simple, simple stuff for someone who went to a "top national university". hell, i'm an ASU dropout and it's common sense to me.
Click to expand...

You didn't bother to look at the data on those commodity prices, did you Buck? :) You will see that the prices of milk, eggs, and bread skyrocketed after the minimum wage increase, at least until we hit the financial crisis.
 
schuylaar said:
i'm not here to school you..google it.
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You're telling us that businesses publish detailed explanations for their closures to the public when they surrender their tax IDs or file their last tax returns. That is laughable bullshit. They do no such thing.
 
nontheist said:
Do I need to show you that cost increases cause business to fail child? Do I?
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i've made it clear what you need to show, and you are unable to come up with one single example.

stick to helping your daddy install those "greese" traps.
 
tokeprep said:
You didn't bother to look at the data on those commodity prices, did you Buck? :) You will see that the prices of milk, eggs, and bread skyrocketed after the minimum wage increase, at least until we hit the financial crisis.
Click to expand...

let's look. we'll go down the list.

eggs, 12/2005: 1.350
eggs, 12/2009: 1.772

31% increase, wages went up 41%. suck my dick.

milk, 12/2005: 3.241
milk, 12/2009: 3.105

a decrease, while wages went up 41%. suck my dick.

bread, 12/2005: 1.046
bread, 12/2009: 1.390

a 33% increase, while wages went up 41%. suck my dick three times, baby.

WOOOOOOOOPS
 
UncleBuck said:
i'll let her speak for herself, but i think her point is that it would have to go up 50% to reach $15 because our current minimum wage is so low and does not support a basic existence.

unless, of course, you have a McDonald's McBudget and spend $20 on health care per month, work 70 hours, don't heat your house, and have a car that you can't afford to put gas in.

i could pearly imagine living like that, anjou will call us pinko comice for it.
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you stalking me? sounds like my life.
 
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