Seattle’s Wage Mandate Kills Restaurants

Most millenials are working 10 or more hours a day, whether it's a professional job or a burger flipper job while trying to cover student loan bills.

The only actual work experiences I see in business is when this real world values appear is on the top corporate ladder where the top managers show up at 11AM, go to lunch at 12 to 2 and once a while will stop for half an hour before heading out to corporate-paid golf and $45 drinks before doing a 8 pm hour at the paid "massage" hour before getting to home with family where he doesn't even know the kids names.

In the mean time, executive quarter bonuses rise 20% each time, only interfered with the regular corporate bankruptcies that take away any promises to workers while the bk bonuses for the senior execs have their bonuses and retirement are paid off 100%!

 

So you think these CEOs don't know their own kids names, how preposterous

 

Deleted dupe!

 

It is tragic for a lot of kids that the public school system neglected to teach the younger generations basic economics. Then colleges and banks added insult to injury by offering $100,000 loans to 18 year olds who didn't understand the concept of money to begin with, primarily, that a loan must be repaid with interest. That's as egregious or worse than the banks loaning money to people who could not possibly afford mortgages, resulting in the recent mortgage "crisis". Banks got bailed out and people duped into "cheap and easy" loans lost their homes. Turning kids into indentured debt-slaves should be a crime. But it isn't. Young people signed loan agreements, so they are legal.

The government is not your friend. The economics of minimum wage increases work to hurt the lower economic classes the most. Government intervention is always at a cost to the people. Those voting for bigger government are being duped. They are not going to bail you out, regardless of promises. Never have. Never will. They will bail out their buddy banking partners in crime. They will put you in a bind, leaving you dependent on them and indebted to them.

 

Its more of restaurants with owners who have other businesses will stay open.
I’m helping out a relative with books for his restaurant. Every month that has 3 paychecks the place is running a loss. Any other large expenses turn the P&L red. The owner is lucky because he owns a clinic and the restaurant is more of a hobby to him, but if his livelihood were dependent on the income from that restaurant then any forced wage increases would force him to close his doors.

 

I dont disagree for the most part but people wanting the minimum wage raised need to understand it's a minimum wage not a livable wage or wage to strive for.

 

Now that's a post.

 

You could also just follow the Constitution that requires none of that. You know when people didn't starve on the streets? Before there were so many godless commies, and constant attacks on religious organizations. A living wage, is one a person agrees to, to support themselves and their dependents, not one mandated by a totalitarian state...

 

Do millenials believe they are the first generation to do so? Or do they just think they are special?

Your exaggeration showcases your hatred.

Plus, even if it was remotely close, those people EARNED a different lifestyle than an entry level person.

This is where the whole "everybody gets a trophy" lesson comes from. Did somebody tell you that everybody in corporate america is equal?

Good lord. If you actually believe the non-sense you say, you really don't have any idea what your talking about.

Here is the deal. When some brand new employee works for 20 years, shows the company they add value, become management and excell at leading other people, and eventually make it into the board room... at that point they can run the company however they see fit.

Until that time, they need to sit down, do their job, and shut the hell up.

 

He is so entitled, he will say anything to spew the hatred that is intended to drive some kind of change for his own benefit.

 

I'm sorry. This is just not right.

In the 1950s, a typical CEO made 20 times the salary of his or her average worker. Last year, CEO pay at an S&P 500 Index firm soared to an average of 361 times more than the average rank-and-file worker, or pay of $13,940,000 a year, according to an AFL-CIO’s Executive Paywatch news release today.

Despite increasing protests from unions and consumer groups, the average CEO pay climbed 6% last year. Meanwhile, the average production worker earned just $38, 613, according to Executive Paywatch.

https://www.forbes.com/sites/dianah...imes-that-of-the-average-worker/#34ee4893776d

 

What does a CEO pay have to do with anything?

So one runs a company takes risks, keeps hiring the best


And some worker screwing off is complaining about it on social media..

While screwing up production?

 

You have examples. I am a retired industrial maintenance guy..


I have a million stories of incompetence by workers and management

 

the average CEO pay climbed 6% last year. Meanwhile, the average production worker earned just $38, 613

 

So..Why do you care?

The average basketball player earns 20 million a year, the average football player player makes 5 million ..

For what to entertain us

 

Yeah, your right it should be the other way around. Football players get beat up pretty fast.
But even in football the highest paid only makes 30 times the average.

 

very bad math. very wrong math.

 

You do learn basic economics in school but it’s the parents job to teach their kids personal financing. It’s in the countries best interest that people understand finance but it’s not their JOB. It’s called family. Family teaches responsibility, respect, planning. It’s just too bad that the Lefts war on the nuclear family has produced generation of broken homes since they think govt can replace family. They’re wrong! Golf clap Leftists. Golf clap.

 

Yup, that's the left in a nutshell..

 

Hell man! That was one of the best "Bad rich" summaries I have read in all my time on the internet.... I got so jealous I started cutting myself again

 

Odds are that 99% of the burgers you buy are made correctly by people earning less than 15 bucks, and you demand that everybody is judged about that 1% who is made by somebody who is not willing to do his job. Also... that pic is a meme. Somebody asked a burger with cheese on the side, and that resulted in that beauty.

My illustration is right.

I don't see you taking that into in any consideration when it's about burgers.

https://en.wikipedia.org/wiki/Minimum_wage_in_the_United_States#History
Minimum wage legislation emerged at the end of the nineteenth century from the desire to end sweated labor which had developed in the wake of industrialization.[20] Sweatshops employed large numbers of women and young workers, paying them what were considered nonliving wages that did not allow workers to afford the necessaries of life.

People need to make a living, literally. When a company pays 90% to make that living happen, and the government chips in for the last 10%, than the government is aiding companies to underpay the employees a wage they can live on. The US has such a socialistic program running that aids companies to make more profit and/or funnel more money to managers making millions already. There is plenty of money going around in the US in order to end that food stamp program.

 

So am I. You never can get rid of welfare programs in order to get the "weaker" people in society some work, with a compensation to the company who hires a person with a disability of some grave degree. You either have that, or give people who have a big disability a permanent vacation / welfare since we don't like them to see dying from starvation in the streets.

 

Nope
People need to make a living, literally. When a company pays 90% to make that living happen, and the government chips in for the last 10%, than the government is aiding companies to underpay the employees a wage they can live on. The US has such a socialistic program running that aids companies to make more profit and/or funnel more money to managers making millions already. There is plenty of money going around in the US in order to end that food stamp program.

Your train of thought rules out that companies can not afford the pay. But they can. With ease. The US is among the richest countries on the planet.

 

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You are not comprehending, its about enabling companies to pay lower wages, no welfare then companies would have to pay a higher wage