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GNL says
I dare say the tax code is a huge contributor to the problem also. You get more of what you incentivize.
The long term capital tax rates is at a maximum of 20%. You would want this to be higher for the rich ? And how much is rich ? At least $450,000 a year in income for a California couple ?
Trump and Bush Jr cut taxes. You want to go back to Clinton tax rates including the business tax rate ?
Given how Sikhs don't know economics, it is more apparent to me why the street shitters rule over them.
UkraineIsFucked says
Given how Sikhs don't know economics, it is more apparent to me why the street shitters rule over them.
https://www.the-sun.com/tech/6959770/mcdonalds-major-new-store-update-conveyor-belt/
You're either going to pay the lowest wage earners more or it's going to cost the taxpayers more in social safety net costs.
You're either going to pay the lowest wage earners more or it's going to cost the taxpayers more in social safety net costs.
GNL says
You're either going to pay the lowest wage earners more or it's going to cost the taxpayers more in social safety net costs.
Yeah? Businesses shouldn't have to care.
Seems to me that anyone getting welfare should be working a minimum of 2000 hours a year, which adds up to $15k at current country-wide minimum wage. Over and above the welfare benefits, that's not nothing!
"Hey, why is my social security and medicare being cut?!"
Because kiosks don't pay into retirement programs.
The problem is that SS is a corrupt pyramid scheme.
ad, what is a good society to you?
I want everyone to have a living wage job and ZERO welfare except for the indigent.
Sarc, correct?
The solution is to eliminate competition from illegal labor in America and to prevent exporting of US jobs.
Seattle Law Mandating Higher Delivery Driver Pay Is a Disaster
In 2022, Seattle's City Council passed an ordinance mandating a minimum earnings floor for app-based food delivery drivers in the city. The law finally went into effect in January 2024, but so far the main result has been customers deleting their delivery apps en masse, food orders plummeting, and driver pay cratering.
The ordinance, part of a legislative package called "PayUp," was passed under the banner of protecting gig workers. By setting a compensation floor for app-based delivery drivers based on miles driven and amount of time worked, the ordinance operates as a (supremely complicated) minimum wage.
The wage floor is based on labyrinthine calculations: the "engaged minutes" for drivers are multiplied by a "minimum wage equivalent rate," which is then multiplied again by an "associated cost factor" and then multiplied yet again by an "associated time factor." ...
Heralded as a "first-of-its-kind" legislative breakthrough when it passed, the first two months of the ordinance's operation have provided a grim real-world Economics 101 lesson. First, the delivery companies were forced to add a $5 fee onto delivery orders in the city to cover the sudden labor cost increase. On cue, news stories started popping up of $26 coffees, $32 sandwiches, and $35 Wingstop orders in which taxes and the new fee comprised nearly 30 percent of the total.
Local news station King 5 reported that Seattle residents started deleting their delivery apps from their phones in response to the spiking exorbitant delivery prices. Uber Eats experienced a 30-percent decline in order volume in the city, while DoorDash reported 30,000 fewer orders within just the first two weeks of the ordinance taking effect.
In turn, this decrease in demand directly impacted the pocketbooks of the delivery drivers themselves. A driver who made $931 in a week this time last year saw his earnings drop by half to $464.81 in a comparative week this year. Another reported consistently making $20 an hour prior to the ordinance, only to see his earnings likewise fall by more than half since its enactment.
In other words, while the ordinance theoretically raises driver earnings to over $26 per hour—a number that ironically far exceeds Seattle's $19.97 standard minimum wage—drivers are barely logging any hours as a result of the drastic decrease in demand for food delivery. As one Seattle driver summarized: "It was dead. Demand was dead." A second driver put it more bluntly: "I've got nothin'. I'm not gonna sit here for hours for one frickin' order."
The barrier of entry into the basic work force is minimum wage. Also age. My oldest would work for $5/hr anywhere. He's taller at 13 than most men. Can figure anything out for the most part in basic first time jobs. Outside of acting, kids really have little opportunity to work. Whether they're skills that are good or not, it's working. Always work smarter not harder, but you have to get through the beginning years. Earlier the better is my take.
Likely the poor will qualify for more local and state subsidies.
I agree that entry level jobs are essential. I did them, but it gives you an understanding of what is required to make things work.
I do think at 12 kids should be able to get W-2 jobs. Max it out at 20 hours a week max. They'll learn more about life than sitting in a shitty classroom. Might learn a skill or be a decent human realizing how many shit heads are out there. Win win.
I do think at 12 kids should be able to get W-2 jobs. Max it out at 20 hours a week max. They'll learn more about life than sitting in a shitty classroom. Might learn a skill or be a decent human realizing how many shit heads are out there. Win win.
Never gonna happen. IMO, we need trade schools big time.
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I know many people who already have to do 2-3 jobs because of cuts everywhere, those cuts have been triggered by dumb Democrat laws, one was Obamacare.
Constantly raising cost of employment and goods, and everyone is fucked at the end. I swear Democrats are most economically illiterate people on the fucking planet.