There's been practically no inflation. The payouts will be changed very little.
San Francisco Becomes First US City With $10 Minimum Wage
- Thread starter Hantlers
- Start date
There's been practically no inflation. The payouts will be changed very little.
I didn't say I was "all about" entrepreneurial ventures. I said "I believe in the power of business creativity, entreprenuership, and capitalistic motives". They are powerful forces, and respond well to changing conditions. They don't need to be babied.
I don't recall saying that I was quoting you. I am characterizing your reaction. If you believe that business can easily accomodate minor changes, why has yourreaction to this change taken on the shape it has?
Minimum wage laws do not seem to have halted innovation in this country.
In some cases, yes. So there.
You would be Thrilled to know he's still hanging around...
https://www.slcap.org/phppages/foodstampcalc.php
Kind of veering off topic, but I was curious what results people get here...
At the risk of confusing you further, I'll attempt to respond.
Business owners aren't machines. Sometimes they're human. It is possible that they aren't solely concerned with greed and profits. Not all business is heartless. When faced with having to pay employees more, sometimes (see Trout's response) they just will. However, sometimes their margin is thin enough that they have to make adjustments.
Forcing the owner to pay more to the 4 decreases the likelihood that he'll be willing to hire #5.
LogGrad98
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Where is your evidence that the pace of innovation is exactly the same with the laws as it might have been without them? Can you show that we are exactly as well off now as we might have been without minimum wage laws?
That is something you cannot really say, on either side of that question. Yes, I agree that businesses adapt and move on. I am in business, after all, and a big part of my job is helping my company adapt to the changing market forces. I was arguing that this change would likely have a larger impact on smaller businesses and thereby affect peoples' lives, particularly in the middle class, primarily as a reaction to whoever started the argument (Thriller? siromar? they bleed together) that all businesses are multi-millionaire driven greed machines. There are all kinds of businesses. Big and small. All will be affected differently by a change like this. And even the little businesses will impact peoples' lives. That was the point.
Your car will still run but you may not be able to drive it anywhere because sand bags are in the way.
Can you provide an example?
Considerably more than I got around here, or in Ohio. Thank you for the correction. I'm truly suprised by the amount.
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You haven't confounded me. Your response have pretty much been boilerplate. I'm checking to see if you can justify the connections, because I don't recall seeing such justificaitons before.
I agree business owners are not hearatless, especially not small-business owners (it's much harder to cut one face yo usee daily than 1,000 you never met). Faced wtih a decision between cutting a psition or find a new method to increase efficiency, they will find new ways to improve efficiency. Necessity spurs invention.