Nobody Wants to WORRRK! T_T

[Thebestoftherest]

In practice yes. Obviously it's accounted for as evident by functioning businesses that both you and I can visit when we leave our computers at respective times after reading theses posts. It balances a bit out through competitive market conditions putting feet to the fire, though and with established market systems in the form of supermarkets, malls, etc...

The information age puts a spin on this because intellectual property is now the anchor for which digital commerce relies on for private market practice. It also makes high-end shopping a pain for brick and mortar businesses.

That is one thing I wanted to ask my economics teacher; what happens to supply and demand when you're dealing with digital information? I mean the basic principles of economics don't just go away but I imagine things can get weird when the supply of a given product becomes almost limitless because your selling digital downloads instead of physical copies.

Check EA for how company wants thst to work.

[Fuzzy Necromancer]

I will say that this might not work with small businesses. Paying let's say $15 an hour for even one employee might be beyond some. But that is small potatoes compared to Mega corporations like let's say Walmart or fucking Amazon.

Let's let not forget the how bad Amazon is to their employees.

And yet, it's the Mega Corps that legislate even harder against $15 an hour. Because they have a lot more people to pay $15 an hour too.

Not to sound callous, but any Mom and Pops store that pays it's employees $7.50 an hour deserves to fail. Everyone has a right sleep indoors and put food on the table. Owning a bed-and-breakfast or a bakery is a privilege, not a right.

Who ever says that doesn't know how business work.

Which statement?

if you raise the minimum raise a dollar everything would goes up by nickels or dimes not a whole dollar

Well you're wrong. You can raise the minimum wage by a dollar and it might not affect the price of goods at all. You will, however, get a lot of spiteful business owners whinging about how the economy won't support it and blaming price increases on the minimum wage because it's better than being blamed themselves.
Wages actually make up a trivial portion of business expenses. They'd pay five cents an hour if they could.

[Fuzzy Necromancer]

I will say that this might not work with small businesses. Paying let's say $15 an hour for even one employee might be beyond some. But that is small potatoes compared to Mega corporations like let's say Walmart or fucking Amazon.

Let's let not forget the how bad Amazon is to their employees.

And yet, it's the Mega Corps that legislate even harder against $15 an hour. Because they have a lot more people to pay $15 an hour too.

Not to sound callous, but any Mom and Pops store that pays it's employees $7.50 an hour deserves to fail. Everyone has a right sleep indoors and put food on the table. Owning a bed-and-breakfast or a bakery is a privilege, not a right.

Let's back up a second here. That Mom & Pop store Do the owners deserve to sleep indoors and put food on the table? Because when you use an argument like having such a business is a privilege not a right. Then you are saying only Big Business has the right to exist.
Now let's look at those Mom & Pop stores. We had a nice place in my home town. A nice Deli owned by a husband and wife. Who do you think worked there most of the time? Those two. And they fought to be competitive with supermarkets in the area. And I personally know they were being cheated by suppliers. Why? They were being forced to pay what the supermarket was charging retail for a gallon of milk. Sounds pretty bad by itself. But the dairy was putting the milk that was expired from those markets in their cooler. I know this because I went to buy such a gallon as the guy was stocking the cooler and the milk in question was a few days past the sell by date.

If they want to sleep indoors and put food on the table, then Mom and Pop can get a real job, and if the minimum wage is a living wage, they will.

You don't have the Right to own a deli. It's a privilege. If you pay less than your workers need to survive, then they are being supported by the government aids, and we might as well cut out the middleman.

You seem to think that middle-class desires to be a small business owner are more important than working-class necessities. That's what poverty wages are, the declaration that the deli owner deserves a net profit they can invest in a bigger house and better college for their kids more than the person who actually cuts ham and makes sandwiches and rings up the purchases deserves to sleep out of the rain and eat some of the food they prepare.

[BridgeConsoleMasher]

In practice yes. Obviously it's accounted for as evident by functioning businesses that both you and I can visit when we leave our computers at respective times after reading theses posts. It balances a bit out through competitive market conditions putting feet to the fire, though and with established market systems in the form of supermarkets, malls, etc...

The information age puts a spin on this because intellectual property is now the anchor for which digital commerce relies on for private market practice. It also makes high-end shopping a pain for brick and mortar businesses.

That is one thing I wanted to ask my economics teacher; what happens to supply and demand when you're dealing with digital information? I mean the basic principles of economics don't just go away but I imagine things can get weird when the supply of a given product becomes almost limitless because your selling digital downloads instead of physical copies.

It's technically just more efficient. It's more interesting with the social assessment as there's an obvious downside to the decline of music stores, which had a sideline effect on local artists, which isn't much in the way of public liability but a public cost nonetheless in the form of loss of cultural attribute in the community.

Streaming was one that I boasted about when I joined this forum that took out first Blockbuster then the market for both syndicated and original content in the form of high budget tv shows and movies.

Where you are selling is a big deal I guess too as far as intellectual property rights.

[McAvoy]

I will say that this might not work with small businesses. Paying let's say $15 an hour for even one employee might be beyond some. But that is small potatoes compared to Mega corporations like let's say Walmart or fucking Amazon.

Let's let not forget the how bad Amazon is to their employees.

And yet, it's the Mega Corps that legislate even harder against $15 an hour. Because they have a lot more people to pay $15 an hour too.

Not to sound callous, but any Mom and Pops store that pays it's employees $7.50 an hour deserves to fail. Everyone has a right sleep indoors and put food on the table. Owning a bed-and-breakfast or a bakery is a privilege, not a right.

If we ard talking about a 20+ something year old relying on this job to pay the bills then yes I agree with you. But if we are talking about teenagers who are still in school and living under their parent's roof then they don't necessarily need a living wage. The bills are already taken cared of. I suppose you could argue about a minimum wage that is lower between 16-19 for example but that does reek of child labor.

Of course there are teenagers out there that is very much part of helping out the parents/guardians pay the bills.

Paying employees are a small part of a business, a successful one.

My own industry, aeronautical. We charge between $100-$150 an hour to fix/work on the customer's planes. Increasing the minimum wage will not affect that industry due to getting paid far higher than that. That and its actually understaffed. Other industries like auto mechanics operate the same way.

[Fuzzy Necromancer]

I will say that this might not work with small businesses. Paying let's say $15 an hour for even one employee might be beyond some. But that is small potatoes compared to Mega corporations like let's say Walmart or fucking Amazon.

Let's let not forget the how bad Amazon is to their employees.

And yet, it's the Mega Corps that legislate even harder against $15 an hour. Because they have a lot more people to pay $15 an hour too.

Not to sound callous, but any Mom and Pops store that pays it's employees $7.50 an hour deserves to fail. Everyone has a right sleep indoors and put food on the table. Owning a bed-and-breakfast or a bakery is a privilege, not a right.

If we ard talking about a 20+ something year old relying on this job to pay the bills then yes I agree with you. But if we are talking about teenagers who are still in school and living under their parent's roof then they don't necessarily need a living wage. The bills are already taken cared of.

Ah yes, the eponymous Teenagers, for whom the minimum wage was allegedly designed.

Never mind that most fast food workers are middle-aged moms.
Never mind that most minimum wage jobs do not keep to hours when teenagers are out of school.
Never mind that the minimum wage was first created, explicitly, so that a person who worked-full time could pay rent, and food, AND support a family instead of living in abject poverty.

You might as well say that the minimum wage is designed for elves who can pay the rent with their fairy gold.

[Fuzzy Necromancer]

@tirriffany
Weird that in all this talk of labor shortages in the U.S. there's little mention of the almost 600k people who have died from COVID. How many of them worked in industries that are having trouble hiring? How many of their coworkers decided it wasn't worth the risk anymore?

[Nealithi]

I will say that this might not work with small businesses. Paying let's say $15 an hour for even one employee might be beyond some. But that is small potatoes compared to Mega corporations like let's say Walmart or fucking Amazon.

Let's let not forget the how bad Amazon is to their employees.

And yet, it's the Mega Corps that legislate even harder against $15 an hour. Because they have a lot more people to pay $15 an hour too.

Not to sound callous, but any Mom and Pops store that pays it's employees $7.50 an hour deserves to fail. Everyone has a right sleep indoors and put food on the table. Owning a bed-and-breakfast or a bakery is a privilege, not a right.

Let's back up a second here. That Mom & Pop store Do the owners deserve to sleep indoors and put food on the table? Because when you use an argument like having such a business is a privilege not a right. Then you are saying only Big Business has the right to exist.
Now let's look at those Mom & Pop stores. We had a nice place in my home town. A nice Deli owned by a husband and wife. Who do you think worked there most of the time? Those two. And they fought to be competitive with supermarkets in the area. And I personally know they were being cheated by suppliers. Why? They were being forced to pay what the supermarket was charging retail for a gallon of milk. Sounds pretty bad by itself. But the dairy was putting the milk that was expired from those markets in their cooler. I know this because I went to buy such a gallon as the guy was stocking the cooler and the milk in question was a few days past the sell by date.

If they want to sleep indoors and put food on the table, then Mom and Pop can get a real job, and if the minimum wage is a living wage, they will.

You don't have the Right to own a deli. It's a privilege. If you pay less than your workers need to survive, then they are being supported by the government aids, and we might as well cut out the middleman.

You seem to think that middle-class desires to be a small business owner are more important than working-class necessities. That's what poverty wages are, the declaration that the deli owner deserves a net profit they can invest in a bigger house and better college for their kids more than the person who actually cuts ham and makes sandwiches and rings up the purchases deserves to sleep out of the rain and eat some of the food they prepare.

I think you missed a point in my example. The people there worked that job. They were their own employees. They rarely ever had an employee because the margins were tight and could not afford them. Are people working for themself required to hire and pay other people? That is what I mean about you have the right to own/operate a business. (And I think their part time cashier was their daughter before she went to college.)

[Fuzzy Necromancer]

You're right, I did miss that. My bad.

So, how would raising the minimum wage affect them negatively, and what does it have to do with shifty suppliers?

[Thebestoftherest]

I will say that this might not work with small businesses. Paying let's say $15 an hour for even one employee might be beyond some. But that is small potatoes compared to Mega corporations like let's say Walmart or fucking Amazon.

Let's let not forget the how bad Amazon is to their employees.

And yet, it's the Mega Corps that legislate even harder against $15 an hour. Because they have a lot more people to pay $15 an hour too.

Not to sound callous, but any Mom and Pops store that pays it's employees $7.50 an hour deserves to fail. Everyone has a right sleep indoors and put food on the table. Owning a bed-and-breakfast or a bakery is a privilege, not a right.

Who ever says that doesn't know how business work.

Which statement?

if you raise the minimum raise a dollar everything would goes up by nickels or dimes not a whole dollar

Well you're wrong. You can raise the minimum wage by a dollar and it might not affect the price of goods at all. You will, however, get a lot of spiteful business owners whinging about how the economy won't support it and blaming price increases on the minimum wage because it's better than being blamed themselves.
Wages actually make up a trivial portion of business expenses. They'd pay five cents an hour if they could.

Have they never heard of the phrase "Don't cut off your nose to spite your face."