[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 97 KB, 768x1024, 1563282648193.jpg [View same] [iqdb] [saucenao] [google]
14935422 No.14935422 [Reply] [Original]

New York Times says we NEED a $33 minimum wage because $15 per hour is not enough for many to survive.

What say you, /biz/?

https://www.nytimes.com/2019/01/04/nyregion/the-15-dollar-minimum-wage-is-not-enough.html

>> No.14935440

Newfags dont remember this

https://www.youtube.com/watch?v=tHweocGg5N8

>> No.14935441

>>14935422
These governments LARP ignorance that each state sets its own minimum wage on top of the national one. If New York wants a $33 minimum wage they can set theirs to $33.

>> No.14935448

it means an army of low iq retarded unemployed

>> No.14935459

>>14935440
MY QUEEN.

>> No.14935463

>>14935422
that would cause hyperinflation. fucking normies. almost 4 times higher than the current minimum wage? i see no problems there

>> No.14935474

>>14935422
>NYtimes says we NEED $33 min wage
because the NY times wants 5 million people unemployed so they can bitch about it and blame Trump

>> No.14935478

>>14935422
Imagine thinking this is the solution and won't create even more problems. What will they do in 10 years? Increase it to $100? I can't wait for minimum paying jobs to get absolutely demolished by machines. PLEASE hurry up technology, I want to see the retards in society get abolished.

>> No.14935479

>>14935463
They will simply raise it again. $100 per hour minimum wage by $2029. Literal boomers are FUCKED.

>> No.14935496

>>14935478
>>14935474
The Senate, which as I'm sure you know just passed their $15 per hour minimum wage bill this month, has now declared that $15 is not enough and the minimum wage should be $20 per hour. This is not even the New York Times but actual congresswomen suggesting this.

>> No.14935509

$33 dollars?! What the fuck do they need $55 dollars an hour for? $88 dollars is just too crazy, $111 dollars an hour is the best we can do.
>Studio apartment in Bronx will go for 6k a month rent

>> No.14935525

>>14935422
That would cause: Worsened trade deficit, increasing unemployment, worse inflation, several businesses going bankrupt overnight and capital flight.

I'm not an Amerisharter though but that's my two cents.

>> No.14935531

>>14935422
"Look after the pennies and the pounds will take care of themselves."
I survived on $10 an hour, thrived on $25 an hour.
$33 minimum wage normies can get fucked.
They'll manage to squander whatever you give them because they don't know how to utilize any resource.

>> No.14935539
File: 396 KB, 1764x800, satoshifound.jpg [View same] [iqdb] [saucenao] [google]
14935539

https://coinbase.com
/earn/xlm
/invite/51498v0c
Exchange for LINK

>> No.14935542

>>14935422
>>>/pol/

>> No.14935547

33? why not 50???

>> No.14935558
File: 2.07 MB, 3442x4412, 1560893923757.jpg [View same] [iqdb] [saucenao] [google]
14935558

>>14935539
>>14935422
https://coinbase.com
/earn/eos
/invite/n3jv6frh
We'll make it fren

>> No.14935583

we need to help out domestic farmers
let's enforce minimum crop prices
10 dollars per potato for all potatoes grown in the US

>> No.14935584

>>14935496
>but actual congresswomen suggesting this.
Well yeah, look at them nowadays. A third of them are pretty much commies now, calling for shit to be then when they have no fucking clue have it works.

>> No.14935590
File: 8 KB, 229x220, biz123.jpg [View same] [iqdb] [saucenao] [google]
14935590

>supply of X decreases, demand of X increases
>price increases

>supply of workers decreases, demand for workers increases
>OH NO OH NO GOY WE CAN'T BE RAISING WAGES NOW

>> No.14935620

>>14935422
>$33 minimum wage because $15 per hour is not enough for many to survive.

Probably true for central new York

>> No.14935632

>>14935422
What stocks should I buy for more Robotics exposure?

>> No.14935640

>>14935422
It's wealth inequality. it will still be the same at $33 wage. people will bitch that it should be increased to $65

>> No.14935651

If raising minimum wage would cause inflation, what would happen if we decide to decrease minimum wage. Would it reverse inflation?

>> No.14935654
File: 104 KB, 720x708, 1520807475234.jpg [View same] [iqdb] [saucenao] [google]
14935654

>>14935422
the golden age of wagies is beggining

>> No.14935668

Do it New York pussies.... do it

>> No.14935678

>>14935496
you heard of 8 minute abs? you know, the exercise video? I can do one better and people are gonna go crazy for it. It's called 7 minute abs. 7 MINUTE ABS!

>> No.14935683

>>14935531
kek I made $31 an hour and I felt fucking rich. Remember we also get 1.5x our wages for overtime. I was making like $75k per year, and the New York Times is saying that 1 person can't survive on that. Boomers are so fucked

>> No.14935686

>>14935440
God she aged like shit
>2011
OH FUCK I can't imagine how terrible she looks now.

>> No.14935691

>>14935651
neither causes inflation in the way most normies think it does
primarily it causes purchasing power redistribution. it actually redistributes from the poor to the rich, though.
insofar as it reduces total economic output it increases inflation, and insofar as it causes more people to demand government handout services it increases the deficit and increases inflation
but those are minor

>> No.14935692

>>14935422
I miss moot.

>> No.14935746

>>14935620
It's true that $15/hr an hour is hard to live on in New York, but what business owner is going to pay $33/hr for unskilled labor?

>> No.14936242

>>14935422
Minimum wage on large business needs to be raised, minimum wage for small business is mostly fine where it's at depending on the county.

>> No.14936303

>>14935746
>$15 is hard to live on in NYC
Why is that dirty falling apart shithole so overpriced? I wouldn’t even live there if I were so rich that money was no object.

>> No.14936397

Will cause massive job loss if passed. People don’t seem to understand that society is a pyramid scheme by construct. Who would do the shitty jobs if everyone was rich? Since most jobs are shitty, most people need to be poor to be incentivized to do them. It’s this simple, everything else anyone says is just ignoring this fact. Want your trash to be picked up twice a week? Want that burger? Want a clean hotel room to sleep in? Want a ride somewhere? Want your lawn mowed? Want reasonable prices on consumer goods?

>> No.14936547

>>14936397
Or develop as human being and be able to do all that on your own while working and needing less. I get you like a population of incapable childrens that can't function outside of their specific job, but that is a shit life.

>> No.14936602
File: 52 KB, 800x550, 1534415214675.png [View same] [iqdb] [saucenao] [google]
14936602

>>14935422
If wagecuckery were a stock I would short it. Jobs are decoupled from economic growth for decades, they're obsolete piles of make work garbage for the most part. People should work not for a career but to get capital for investment to get out of the sinking ship, nothing more.

>> No.14936636

>>14936547
You sound like a 19 year old girl liberal arts student. Wake up to the real world, we will never live in a utopian society like you describe.

>> No.14936693

>>14935422
rich fags are against it because it compensates for inflation so they feel the effects of the inflation via having to pay higher wages and higher prices on goods.

its all because inflation. but paying people without compensating for inflation allowed them to bypass the consequences. until now.

welcome to hell richies.

>> No.14936723

>>14935509

Not so bad, 10x minimum wage but only 3x rent increase

>> No.14936736

>>14935422
It doesn't matter how much I get paid, it matters what I can afford with what I get paid. Right now Minimum wage for myself and many others is not enough to support. Vehicle, Housing, Healthcare, Family. Working full time is not enough, still be paycheck to paycheck for the rest our lives.

>> No.14936740

>>14935422
I need a $75 min wage without working

>> No.14936759

>>14936693
This. All these retards itt don’t acknowledge how inflation has totally fucked over everybody that isn’t the rich. Now that inflation is going to fuck over the rich through higher wages to unfuck the poor, richfags and retards that think they’ll be rich are screeching. And inflation was caused by the rich, see QE and ever money expansion event in history.

>> No.14936760

if anyone here thinks even for a second that the minimum wage will exceed any thing like you want then hah better think again everyone knows the two path but ok look its always over there actually and now you can not continue because you chose to just wait and maybe it will work out but then nothing change and everyone changes before you

>> No.14936770

>>14935422
That's fine I'm dying for all the McNiggers to be replaced by robots

>> No.14936814

>>14936759
ah yes the (((rich)))

>> No.14936983

>>14935590
They unironically can't in a lot of places because in places like NY which based on his high taxes is a lot like Europe, all the money goes into keeping dying boomers alive and free gibs. My dick is so hard waiting for banks to realize this

>> No.14936992
File: 38 KB, 400x400, 95TgAirz_400x400.jpg [View same] [iqdb] [saucenao] [google]
14936992

Let's be honest. If you were in a room with pic related and didn't know where she worked, you wouldn't give a fuck what she has to say.

>> No.14937296

The only non-NPC answer is da jooz. If they stopped printing billions of dollars a year and directly deposiing them into other jooz hands for free we wouldn't need to have federal minimum wage laws

>> No.14937460
File: 114 KB, 1024x917, 5C2B7D32-8681-4CC7-AF1F-45C245C94BF8.jpg [View same] [iqdb] [saucenao] [google]
14937460

>>14936992
I would actually give less of a fuck if I knew she worked for the JYT