Originally Posted by
Richard
All it does is remove the small business owner out of the picture,large corporations as the last man standing can pass the costs on to the consumer or employ technology to lower the labor costs.
Simple little test,every time you buy something,double the cost in your mind and then ask yourself if you would be willing to pay that.
The likes of amazon and wal mart are proven theories that the consumer is not willing to pay the added costs in favor of the cheapest product advailable.
So what are you really doing? Raise the wage,the costs rise to compensate so all that is really happening is the ability to say,I make $20 per hour flipping burgers.
Proably easier then obtaining a higher skill set,but it does not change a standard of living,it just removes the opportunities for future burger flippers because they have less establishments to choose from.
It also changes the pay scale up the line,I may take a chance hiring somebody that is supposed to have a skill set that is industry standard at $20 per hour but at $40 per hour you better have a verifiable 4 mile long list of verifiable references and years of experience to back it up.
So the fresh out of high school or college stuck in the usual catch 22 is now going to be stuck in a catch 55.
Power goes out,shut the doors,most cashiers cannot make change without the machine telling them how,the whole concept of this is what I have to offer as an employee in order to show you that I would be an asset to your company if hired,has gone out the window.
Now it is,I am here,yawn,I demand this amount of money before we can even talk about if I am worth that or not.
Even calling it a livable wage is a joke,most city’s that have implemented it are lucky if $100,000 a year is considered a livable wage,you are not going to buy a house or even begin to afford to live in those cities on $20 per hour,it all becomes relative,but it sounds good... hey look we fought hard for you and now you are making a livable wage,not really but.
I am thinking is Bezos is making 50 billion I aught to be making at least 50 million stuffing boxes.
Here Disney raised the minimum wage to $15 to look good in the press,30 days later they upped the entrance price from $100 to $135 per person,which kinda takes the whole low income children’s chance of seeing the rat out of the picture,pretty soon only the well to do children will be able to visit,the rest are stuck with green eggs and ham.