How White Castle Will Adjust to a $15 Minimum Wage in New York

Honest day pay for a honest day work, should indeed give you a roof and food. A car is a bit much. But even McDonnalds calculated that a person on minimum wage needs to work like 75 hours to have that roof and food. While a honest days work is 40 hours. So easy to say, they need to get paid twice as much. Otherwise it's just a dishonest pay for a honest days work, with the cash register living in a cardboard box with food or starving with a roof over it's head.

Nope I was saying an average gas station is around 500k. Since some are way cheaper and very few are 3 that amount. Read things better.

 

As a business owner, I can tell you, you don't have any freaking idea what you are talking about.

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Good lord.

How old are you, have you ever run anything?

You think that you simply scan productand magically it tells you the price?

Nobody calculated wholesale cost, margins, losses from spoiling or put off date products?

Just scan it and, MAGIC, the computer does it all for you.

Seriously, you have no idea what you're talking about.

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I currently run several small businesses and have managed/owned several more.

How about you?

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Or you can say, indeed... gas station owner is under paying his staff, and able to pay that 15 bucks an hour at his own expense. And than it's also much more on par what a highly skilled and trained person earns.

 

You hire an accountant for that kind of job.
All small and big business people do that.

How about you learn something here for a change before you end up on a dead end no skill required job?

FFS man...
The barcode is 40 year old technology!

lmao.

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I'm absolutely not interested in your alleged personal experience.

 

The proper minimum wage to be set by any governmental authority is zero.

Wage should be determined only by the skills and ability and production that the worker brings to the enterprise and the value that worker's production produces that allows the enterprise to make a profit. If the enterprise makes no profit or a loss because of the level of the worker's pay, there is no need for the job the worker occupies and the worker will have no work and therefore be paid zero. How much the worker needs to live or pay bills is irrelevant to the enterprise. Its success (and the ability to pay the worker ANY sum over zero) is strictly and only dependent on whether that worker's effort contributes to making a profit.

A worker who brings zero net benefit and is perhaps a net COST to the enterprise (e.g. being drunk on the job, carelessly damaging equipment, being hostile to customers, doesn't show up for work) has a minimum worth and therefore minimum wage should be zero even if that worker needs a paycheck to pay rent, put food on the table, pay the car payment, etc.

 

I will let Dr. Milton Friedman, nobel prize winning economist, explain it (he coined the term in the first place).

[video=youtube;ca8Z__o52sk]https://www.youtube.com/watch?v=ca8Z__o52sk[/video]

 

Yes its a cool opinion on what he believes MW does, not a fact in hindsight or is it an alternative example of what it looks like when a country does not have a MW and labor law.



Now can you give me a real world example, even in the past of a country with no MW; then explain how its proper.
You should seriously be able to say for instance, look at Nigeristanicon; they dont have MW and heres why its a better system.