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/biz/ - Business & Finance


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16897487 No.16897487 [Reply] [Original]

>> No.16897499
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16897499

>>16897487
Solves nothing. Delete pic related and then we'll talk.

>> No.16897503

I have the unpopular opinion that you can live comfortably on just about any wage so long as you know how to manage your money.

>> No.16897506

>>16897487
Minimum wage shouldn't exist

>> No.16897516

>>16897506
I understand your reasoning but surely with mass immigration it will become a race to the bottom at 1$ an hour?

>> No.16897535

>>16897516
What the fuck are you talking about, nigger? The US is being invaded with spics who work under the table.

>> No.16897538
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16897538

Buy SAFEX

>> No.16897645

>>16897535
THE MINIMUM WAGE WOULD DROP TO 10C AN HOUR BECASE OF THOSE SPICS YOU NIGGER

>> No.16897650

>>16897516
Makes no difference.

>> No.16897675

>>16897506
I, too, enjoy sucking the dick of corporations.
Talking about fiscal policy in the US is a meaningless endeavor because the entire polity is either retarded white mutts that think there's something honorable in working 80 hours a week and niggers that can't even tie their shoes. The only two options you're allowed to believe in are working too much or not working at all.

>> No.16897698

>>16897487
I personally hate knowing some janitor is making about a sixth of what I make. I'm worth much more than 6 janitors.

>> No.16897710

>>16897675
Learn what price floors are before you discuss fiscal policy, low IQ anon.

>> No.16897745

>>16897710
Most of the US leverage on wages is one sided towards employers, hence the race to the bottom you’re seeing outside ~8 major metropolitan areas.

>> No.16897750

>>16897487
it's good because you get to tell your wagies that they're at least getting minimum wage which is a lot more than they're worth.

>> No.16897760

>>16897745
Doesn't matter. 97% of Americans make more than minimum wage. Price Floors can only hurt the sale of a good (In this case, Labor). When Minimum wage was introduced, Employment dropped.

>> No.16897921

>>16897503
I have this opinion too anon. It’s been my experience that buying things is like a drug to people. They are addicted to spending money on stuff they don’t need and this is why they are poor.

>> No.16897926

>>16897503
If you have very loose preferences yes

>> No.16898049

>>16897645
THEY'RE ALREADY WORKING FOR EXTREMELY LOW WAGES, YOU DUMB FUCK

>> No.16898128

>>16897499
This

>> No.16898136

>>16898049
YES BUT THE AVERAGE AMERICAN ISN'T DICKHEAD

>> No.16898233

Minimum wage jobs are for teenagers and felons, if you went to college and are still working in a grocery store you did something wrong.

>> No.16898241

>>16897487
I quit my job to swing trade FRM and get as much of it as possible under 1 cent. Fixing to retire next year. There are ways.

>> No.16898251

>>16897503
comfortably waking up at 5am every day and working comfortably for 8 hours a day then comfortably spending an hour in traffic and then you comfortably spend the few hours you have for free time getting ready for the next day of work until you retire at 70

>> No.16898280

>>16897487

There should be more of them. Society needs them. We need that service. And you need money. Fair trade in the end.

>> No.16898290

Should be set nationwide to $3.50/hour. Mostly just for laughs, because who the fuck would accept minimum wage?

>> No.16898340

>>16897698
You're worth nothing , you useless sack of shit boomer, you are a parasitic wee fuck , much like most of humanity.

>> No.16898381
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16898381

>>16897487
https://www.youtube.com/watch?v=HgVauhXQFbI

>> No.16898383
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16898383

>>16897487
price controls are retarded and do the opposite they purport to do.

>> No.16898419

>>16898290
Tip culture would become out of control. You would have to start tipping mcdonalds employees and walmart cashiers.

>> No.16898421

>>16897487
Also, ABSOLUTE minimum $26M per year for for everyone over the age of 8

>> No.16898465

>>16898136
THEY ARE TAKING AVERAGE AMERICAN JOBS, NIGGERFAGGOT

>> No.16898502

>>16898419
it's bad enough tipping your landlord, better not make it spread any further

>> No.16898677

>>16897487
Minimum wage is for fucktards who can't make it in society without a helping hand
>Minimum wage is unethical
If Tim agrees to pay Bob X amount for Y hours of work, and Bob agrees to it, there is no problem. Government interfering in the consensual economic relationship between Tim and Bob is unethical
>Minimum wage places higher start up cost on new businesses
Lets imagine Tim needs 3 employees for his small local business to function. If he could pay his employees $5 an hour, his business can stay afloat. Government mandates to pay his workers $10 an hour flips his business from being profitable to being a slowly sinking ship. New businesses either have to have an extremely profitable revenue structure, or have enough start up capital to sustain running in a deficit until eventual profitability.
>Minimum wage increases cause inflation
Arbitrarily raising the earning power of a job beyond inherent value causes inflation. Lets say fast food workers are paid $5/hour, and receive a minimum wage increase to $10/hour. That increased earning power is temporary, and after the inflationary period, the prices of goods readjust themselves to relative earning power. You have now hurt all people on a fixed income, you hurt all people holding fiat currency, and you hurt all people drawing out social security and similar programs. Their dollar value has stayed the same, but the value of the dollar has lessened. Inflation is giving temporary advantages to certain groups that propagate outwards in a ring based upon who they trade and interact with, while cause long-term disadvantage to other groups.
>Minimum wage devalues workers
Lets say an EMT makes $15/hour. Wagies receive the minimum wage bill of their dreams, and wages are bumped to $15/hour. All of the differences in job difficulty/skill level from the rates BETWEEN 7.25/hour and 15/hour have disappeared. Anyone who believes flipping burgers and saving lifes are equivalent in skill/stress is delusional.

>> No.16898730

>>16897535
Clearly you are blinded.

If the corporations are willing to do illegal methods of cost cutting what makes you think they will raise wages even if a 100 foot wall was built between the usa and mexico with no doors. The problem isn't the poor, it's the corpiration who nickle and dime you while demanding more and more in return. Don't believe me? Look up jobs that the majority of illegal immigrants can't do. Explain the high requirements with garbage pay? Other than attempting H1B indian immigrant this is a clear tactic of purposefully lowering wages to increase their profits.

>> No.16898745
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16898745

>>16898677
you ok there buddy? your retarded autism is showing

>> No.16898758

Minimum wage should be at a MINIMUM one million dollars an hour otherwise I don’t see why even work. When you can buy bitcoin instead and make billions without working.

>> No.16898769

>>16898730
What you're failing to understand is natives are unable to compete with illegal labor. If there weren't the restrictions we have now like minimum wage they could. That said companies that hire illegals should have their executes hung.

>> No.16898770

>>16898745
>anon posts 4 arguments against minimum wage
>another anon calls him a retard without refuting any of the arguments
nice

>> No.16898851

>>16897675

small businesses are the ones getting fucked by min wage laws, not corporations

>> No.16898868

>>16897503
30% of jobs pay hardship wages

>> No.16898883

We don't have legal minimum wages in my country, because it works well without them, mostly thanks to unions negotiating minimum wages in practice, anyway. It's pretty much unheard of for anyone to earn less than $15 or so per hour.

>> No.16898948

>>16897487
Our governments artifically import third world migrants which destroys wage competition. You can't have no minimum wage when the government is giving every greedy nigger free food, free housing, free education, free transport, free healthcare...the list goes on

>> No.16899044

It is all Germany's fault really. ... after ww2 they switched to left ultra left left extremist almost. AND THEY FORCED most or europe to do the same. Disgusting.

>> No.16899066

And after the Marshall plan saved them from poverty and the Russians,... not much gratefulness is left. They have developed into a marxist society almost, where the rich pay for everyone who doesn't want to work.

>> No.16899078

Did I say disgusting yet? I think I did.

>> No.16899097

Thanks to the Germans most European countries are forced to accept Islam now in their midst. Thanks to the Germans most European countries now have developing Ghettos in their cities. As you can see, once again, the Germans are a nightmare. If it is not ultra right, it must be ultra left. They can't just fucking chill and enjoy for once.

>> No.16899111

Oh no, one desert death cult is being replaced by another desert death cult!

>> No.16899127

>>16899111

All these cults are disgusting. But the Christian one at least is European culture without wanting to kill all the non beliebers and so on.

>> No.16899136

And before you shoot me the crusades.. i am talking about now. The Christian cult has evolved. Islam never will. It can't by its own definition.

>> No.16899165

Why not let them be happy Islamists wherever they like to be? Why import them to Europe? Why then make Europeans have to adapt to THEM??? Didn't they fight for hundreds of years against the islamic invasions? Now they invite them and PAY THEM even? What is wrong with you Germans?

>> No.16899541

I like my 15$/hr minimum wage, but it needs to go.

>> No.16899557
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16899557

>>16899165
>>16899136
>>16899127
>>16899097
>>16899078
>>16899066
>>16899044

>> No.16899644
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16899644

>> No.16899660
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16899660

>> No.16899800

We wouldnt need minimum wage if big boy suit boys would be happy with 4x profits instead of 10x. The problem isnt that we're not making enough, it's because everything that is seen as a "necessity" is so expensive.

>> No.16899981

>>16897487
You can survive on minimum wage, but you are slave, dignity requires a different mindset that laws can't change and higher incomes (laws can indeed change that)