RE: Raising the minimum wage won't help
June 16, 2021 at 5:11 pm
(This post was last modified: June 16, 2021 at 5:11 pm by The Architect Of Fate.)
(June 16, 2021 at 4:20 pm)Nomad Wrote:Frankly, the USSR gave up Communism pretty much from the start. It virtually becomes an oligarchy with a Communist veneer.(June 14, 2021 at 6:59 pm)outtathereligioncloset Wrote: When the government implemented tougher rules some years ago requiring more employers to provide health insurance for full-time employees, a whole BUNCH of people around here had their hours cut to 32 hours per week so the employers wouldn't have to pay for their health insurance. Years later, those places (grocery store Food Lion comes to mind) STILL don't hire 40 hour per week employees. Many of those same employees had to take on second jobs to make ends meet. And in more skilled careers where hours were cut to 32 per week an awful lot of THOSE *salaried* employees were (and still are) required to still get 40 hours worth of work done in 32 hours.
And lets not forget the fact that employers have to pay for unemployment insurance and worker's comp insurance and contribute to their social security and Medicare for each employee. An increase of min wg to $15 per hour will cause many employers to cut staff, do less hiring in the future, and set impossible expectations of workload for the employees they keep around.
I know college graduates who don't make $15 per hour. That comes to $31,200 per year. Nobody whose job is to say "do you want fries with that" is worth $15 per hour.
Sorry, not sorry.
You're talking about large companies there who are making massive profits and are also giving out massive amounts of money in director bonii and share buyback schemes. They can easily afford to employ people full time on far greater than a €15 per hour wage.
Back in the day when I worked shop assistant I calculated what I'd get if I was given a flat commission on 0.5% of what I rang through the till. It averaged at €800 per week, more than twice my then weekly wage c. €320 a week.
(June 16, 2021 at 12:19 pm)Angrboda Wrote: What do you see as the central failure of the CCCP economic model?
Capitalism, by the end of the 70s the USSR was running almost a pure capitalist economic model.
(June 16, 2021 at 5:10 pm)arewethereyet Wrote:On which claim ?(June 16, 2021 at 5:07 pm)Helios Wrote: You think they wouldn't survive and the well-studied fact that small businesses see little if any negative effects and some cases positive effects (which is why the majority of economists support it) are two very different things.
Citation
"Change was inevitable"
Nemo sicut deus debet esse!
“No matter what men think, abortion is a fact of life. Women have always had them; they always have and they always will. Are they going to have good ones or bad ones? Will the good ones be reserved for the rich, while the poor women go to quacks?”
–SHIRLEY CHISHOLM
Nemo sicut deus debet esse!
“No matter what men think, abortion is a fact of life. Women have always had them; they always have and they always will. Are they going to have good ones or bad ones? Will the good ones be reserved for the rich, while the poor women go to quacks?”
–SHIRLEY CHISHOLM