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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (9800)	2/7/2017 3:33:24 AM
From: i-node	Respond to of 360672

Look, I've had at least 24 hours of economics. I understand most of the basics. My question was far less complicated than all that. So, I'll repeat it, because I don't think you addressed it. If you tell me they will make more by being compelled under non market pressure to pay more my head will definitely explode because as one pretty well educated on cost and managerial accounting, I know better. So, please explain, in your theory, why those money-grubbing "plutocrats" are going to act counter to their own financial interests when increase the cost of an unskilled laborer to $20-25/hour including taxes and other costs? Why would they do that?

To: koan who wrote (9800)	2/7/2017 10:33:31 AM
From: Wharf Rat	1 Recommendation Recommended By TimF Read Replies (2) \| Respond to of 360672

"If you instill a categorical $15 minimum wage across this country there is no way that is going to drive us into a depression. That is a silly idea as it will be a stimulus" It will stimulate almost every business in my town, except the gas station, to close its doors. We don't have any plutocrats to pick up the tab, nor do many towns. That's why it's taking California 6 or 7 more years to get to $15, and that's starting from $10, not $7.25.