NoGooD Posted September 18, 2014 Posted September 18, 2014 Looking at chain fast food (like Mcdonalds), the employee's wages are just a part of their cost and probably not even their high cost. Also, the productivity of the employee should also increase when they get paid more. More money generally gets people to work harder. This is true. They have to work harder because there are fewer people to do the work. A small business that say pays workers $8/hr and suddenly is forced to pay employee's nearly double ($15/hr) is not also doubling their revenue. I also live in California and have seen the price of goods go up almost directly connected to the wage increase. We also have one of the highest minimum wages in the country (behind D.C, Washington state and Oregon). Quote
ajnl Posted September 19, 2014 Posted September 19, 2014 (edited) Uh, I live here. This is true. They have to work harder because there are fewer people to do the work. A small business that say pays workers $8/hr and suddenly is forced to pay employee's nearly double ($15/hr) is not also doubling their revenue. I also live in California and have seen the price of goods go up almost directly connected to the wage increase. We also have one of the highest minimum wages in the country (behind D.C, Washington state and Oregon). Just because you live there doesn't give you an accurate sense of why costs are going up. They could be going for any number of reasons. I also never said that cost wouldn't go up, but I DOUBT it would cancel out the wage increase. If I am wrong thats fine, just show me a source. Of course the amount of effective work being done and the mount people are getting paid does not increase linearly. Edited September 19, 2014 by ajnl Quote
EmtHipple Posted September 19, 2014 Posted September 19, 2014 I think it's cute you think taxes would come down.... Quote
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