Post
Topic
Board Economics
Re: Will Biden raise the federal minimum wage from 7.25 USD per hour to 15 USD?
by
stompix
on 27/01/2021, 18:13:27 UTC
Can you imagine a company that bankrupts all because instead of paying 7.25 to their workers, they paid 15 bucks and that was all it took, they are all gone and they are done and they can't survive and first they lay off workers and then they bankrupt? That company should be gone anyway, why should there be companies like that? Let them get lost and there will be bigger and better places trust me.

Yeah right, it's only 7.75$.
Multiply this by the number of workers and the days in a year and if that is peanuts to you feel free to send me that amount to my bitcoin address.
I love how people are so giving when it's not their money, but I bet you're not willing to pay somebody when it works for you that generously, typical socialist behavior, easy to talk about spending when your not spending a dime out of your own pocket.

You say so easily that business could go bankrupt, how about people not willing to work for low ages and quit their jobs and seek a better one?!
I'm willing to bet that a large number of businesses closing down ain't going to relieve the pressure on the jobs market right now, you're just adding fuel to the fire and throwing a bit of gas on your house too.

That is pure populism.

Exactly.
His whole program is aimed at buying votes from the poor while keeping them captive in their current state.
The same strategy as in 3rd world countries, poor people will be willing to vote for them on those empty promises not realizing that they will get paid twice while everything goes up in 2.5 in price. I've seen this shit so many times in Europe I'm getting tired of it.