Maybe Kevin O'Leary will read your post and will reconsider his investment in the HOOD.
Things are still shit in the HOOD.
- Thread starter The_Krakenite
- Start date
Inflation is going up and wages are not moving. Perfectly rational to look for a higher paying job if employers refuse to raise wages.
Lol, doubtful. Anyone putting faith in these social media generations are in for a big surprise. They call them the hivemind, because they use social media to form a single collective opinion, like sheep.
I dont think anybody has ever faulted anyone looking for a better job. These people just want to complain about shit and want everything handed to them. Raise federal minimum wage to $15 shows they dont have a clue about simple economics and how that would effect small businesses, the biggest employer of all in America. They think strikes automatically mean they'll get what they want. They complain about every nuance of life. I doubt many even try to get better jobs. I came from nothing, had no help, fucked up my life when I was young, and have nothing more than a GED. I fought to get to where i am. They just want to make excuses. If they actually wanted it they would go get it no matter how hard or long it took.
But they dont want to actually work hard, or work at all for that matter. They just want to complain that life is not fair. Complaining about shit gets you nowhere. You want anything in life you fight until you get it.
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Small businesses in many other economies do fantastically well with 20 or more us dollar equivalent hourly wages for their staff. Perhaps the real problem is that greedy business owners believe that running a restaurant should grant them a super sports car or a million dollar home. Most money is sucked out of the system and ends up in the pockets of a tiny percentage of the population. The problem is not too high wages. The real problem is too low wages and too much greed in the business community.
Do you have data from an unbiased source to back this up? I'm sure every liberal statistic will support it and every conservative statistic will not, so needs to be unbiased.
Check out wages in Sweden, Switzerland, Finland, Norway, Denmark. None of them are socialist, communist, or otherwise unfair comparisons). I can't point to a summary table but you can read what people write or say who live there. I have many friends and traveled to each country many times in the past and from what I heard many restaurants pay their waiters a very good salary (far above Usd 20 equivalent). Does not matter whether the waiters receive tips or not. What matters for this particular discussion is that the employer pays out that much.
As a matter of fact, the minimum hourly wages in most western and industrialized nations are almost all at least 50% higher than the one in the US. Their small businesses seem to survive at similar rates than in the US. In the OECD only Turkey, Israel and Russia have lower hourly minimum wages than the US.
The wage differential between what US restaurants pay today on average and a 20 dollar per hour wage puts almost zero dent into the employers pockets. But many are so extremely greedy or run their business so poorly that the smallest adjustment to their cliffhanger business model built on sand falls apart.
As a matter of fact, the minimum hourly wages in most western and industrialized nations are almost all at least 50% higher than the one in the US. Their small businesses seem to survive at similar rates than in the US. In the OECD only Turkey, Israel and Russia have lower hourly minimum wages than the US.
The wage differential between what US restaurants pay today on average and a 20 dollar per hour wage puts almost zero dent into the employers pockets. But many are so extremely greedy or run their business so poorly that the smallest adjustment to their cliffhanger business model built on sand falls apart.
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I mean, that's anecdotal evidence. Without data specifically displaying cost of living and minimum wage equal to $X dollars then it is a baseless claim. It may or may not be true, but in order to be able to make the claim of its truth you have to be able to cite the actual data that proves it.