Trump picks opponent of higher minimum wage for Labor Dept
248 replies, posted
[url]http://www.reuters.com/article/us-usa-trump-labor-idUSKBN13X1TD[/url]
[IMG]http://s3.reutersmedia.net/resources/r/?m=02&d=20161208&t=2&i=1164689836&w=780&fh=&fw=&ll=&pl=&sq=&r=LYNXMPECB70TQ[/IMG]
[QUOTE]President-elect Donald Trump will name fast-food executive Andy Puzder to head the U.S. Department of Labor, according to a source familiar with the matter, in an appointment likely to antagonize organized labor.
Puzder, chief executive of CKE Restaurants Inc [APOLOT.UL], which operates the Carl's Jr. and Hardee's fast-food chains, has been a vociferous critic of government regulation of the workplace.
Puzder frequently publishes commentary and gives television interviews in which he argues that a higher minimum wage would hurt workers by forcing restaurants to close and praises the benefits of automation in the fast-food industry.
Fast-food workers, who are largely not unionized, are engaged in a multi-year campaign known as the "Fight for $15," which is supported by labor unions, to raise minimum wages to $15 per hour. They have garnered state-wide successes in New York and California and in cities and municipalities such as Seattle.
The selection of Puzder, first reported by the Wall Street Journal, was expected to be announced soon, the source said.
[/QUOTE]
:v:
[QUOTE]Puzder frequently publishes commentary and gives television interviews in which he argues that a higher minimum wage would hurt workers by forcing restaurants to close and praises the benefits of automation in the fast-food industry.[/QUOTE]
someone who doesn't care for his employees then? these seem contradictory, if youre replacing jobs with robots then it doesnt matter if the restaurants are closed or not
Wasn't raising the minimum wage also one of his campaign promises?
A Trump supporter I know said Trump was going to raise minimum wage to $12 an hour. huehue
just when you thought the shit pile couldn't get any larger, Trump still manages to find a way to balance a few more turds on the top
I'd enjoy the schadenfreude if it wasn't so surreal that people honestly think this is going to help
But those same people never enter these threads to do the shit posting they're known for
It feels like he's doing this on purpose now.
"This just in, Trump selects anti-vaxxer as surgeon general."
"TThis just in, Trump selects former Marlboro CEO as head of bureau of tobacco, alcohol, and firearms."
"This just in, Trump selects Danny Devito as head of presidential committee on pretty people."
Raising the federal minimum wage isn't necessarily the solution, but I don't think this fella will help either.
America needs a three-tier system like Australia. Pay and leave for most workers are covered by an enterprise bargaining agreement which is negotiated between the employer, employees and maybe a union. If an EBA does not apply, an industry award applies instead, which is like a per-industry minimum wage which is (I believe) negotiated between industry bodies and government. Finally, if an award doesn't apply either, there's the national minimum wage, which scales based on age.
[QUOTE=Popularvote;51500302]It feels like he's doing this on purpose now.
"This just in, Trump selects Danny Devito as head of presidential committee on pretty people."[/QUOTE]
there would be no better choice for this position honestly. devito is beautiful
[QUOTE=Popularvote;51500302]It feels like he's doing this on purpose now.
"This just in, Trump selects anti-vaxxer as surgeon general."
"TThis just in, Trump selects former Marlboro CEO as head of bureau of tobacco, alcohol, and firearms."
"This just in, Trump selects Danny Devito as head of presidential committee on pretty people."[/QUOTE]
Danny Devito as head of the Trash Department
[QUOTE=HumanAbyss;51500298]I'd enjoy the schadenfreude if it wasn't so surreal that people honestly think this is going to help
But those same people never enter these threads to do the shit posting they're known for[/QUOTE]
That's because they know they'd have their asses handed to them in a heartbeat. It's fun to see just how wrong they were to support him, as well as knowing how much they're going to get fucked over along with the rest of us lol.
[QUOTE=Popularvote;51500302]It feels like he's doing this on purpose now.
"This just in, Trump selects anti-vaxxer as surgeon general."
"TThis just in, Trump selects former Marlboro CEO as head of bureau of tobacco, alcohol, and firearms."
"This just in, Trump selects Danny Devito as head of presidential committee on pretty people."[/QUOTE]
Danny Devito has a beautiful soul do not tarnish him this way
This is the president you picked people
[B][I][U]YOU DID THIS[/U][/I][/B]
fine by me, tbh. raising the minimum wage will only push inflation, and thus increase debt. it may put more money in our pockets, but it will devalue that dollar. not that this guy is a good pick necessarily, he's pretty fucking ugly, but he has some of the right ideas. also, i can't recall trump ever saying anything about raising minimum wage, i know clinton was all about it.
Death to the middle class
to be [i]completely[/i] fair, he doesn't oppose raising the minimum wage, he opposes the 15$ nationwide minimum wage, and instead thinks minimum wage should be adjusted for inflation on a state level
[QUOTE=Lambeth;51500387]Death to the middle class[/QUOTE]
Death to Robots.
[QUOTE=Pops;51500367]fine by me, tbh. raising the minimum wage will only push inflation, and thus increase debt. it may put more money in our pockets, but it will devalue that dollar.[/QUOTE]
slow down
take a deep breath
please elaborate
[QUOTE=T553412;51500447]slow down
take a deep breath
please elaborate[/QUOTE]
15 dollar min wage = more money needed to pay workers
more money needed to pay workers = more money being printed
more money printed = less value for US dollar, weaker dollar = debt number 'goes up'
[QUOTE=Lambeth;51500387]Death to the middle class[/QUOTE]
Business as usual: the rich get richer at everybody else's expense.
[QUOTE=Pops;51500367]fine by me, tbh. raising the minimum wage will only push inflation, and thus increase debt. it may put more money in our pockets, but it will devalue that dollar. not that this guy is a good pick necessarily, he's pretty fucking ugly, but he has some of the right ideas. also, i can't recall trump ever saying anything about raising minimum wage, i know clinton was all about it.[/QUOTE]
Shh. You're breaking the circlejerk. $30/hr minimum wage is clearly what we need. And a Universal Basic Income. And higher taxes-- but not for me, no, just for the people that make more than me. Hell, let's just all gang up on the nasty rich people and steal all of their stuff. It's not like they've earned it or anything.
[QUOTE=Judas;51500390]to be [I]completely[/I] fair, he doesn't oppose raising the minimum wage, he opposes the 15$ nationwide minimum wage, and instead thinks minimum wage should be adjusted for inflation on a state level[/QUOTE]In other words, he's mentally sane. Anyone that thinks a $15/hr minimum wage should be applied nationwide is either incredibly ignorant about the cost of living outside of urban areas or is just plain crazy, IMO.
[QUOTE=Pops;51500367]fine by me, tbh. raising the minimum wage will only push inflation, and thus increase debt. it may put more money in our pockets, but it will devalue that dollar. not that this guy is a good pick necessarily, he's pretty fucking ugly, but he has some of the right ideas. also, i can't recall trump ever saying anything about raising minimum wage, i know clinton was all about it.[/QUOTE]
As opposed to wages not going up in decades in response to the actual inflation, and thus still having less buying power than they did twenty years ago.
This may actually be a good thing. Maybe it will save us from inflation for a little bit longer.
[QUOTE=Stroheim;51500465]15 dollar min wage = more money needed to pay workers
more money needed to pay workers = more money being printed
more money printed = less value for US dollar, weaker dollar = debt number 'goes up'[/QUOTE]
But I wonder, is printing more money [B]really[/B] what's needed to pay more to your workers?
Maybe things work differently in the US, but here companies don't show up at the national bank and walk away with freshly-minted money to pay their workers. That's what revenues are for
Way I see it, if you pay more to your workers, they'll have more money to spend elsewhere. It all balances out. There is no real need to print more money
[QUOTE=Michael haxz;51500342]This is the president you picked people
[B][I][U]YOU DID THIS[/U][/I][/B][/QUOTE]
We*
Every U.S. citizen is part of this together, stop playing the "I told you so" role. It doesn't help anyone.
[QUOTE=Monkah;51500470]Shh. You're breaking the circlejerk. [/QUOTE]
shh you're strawmanning again.
[QUOTE=Stroheim;51500465]15 dollar min wage = more money needed to pay workers
more money needed to pay workers = more money being printed
more money printed = less value for US dollar, weaker dollar = debt number 'goes up'[/QUOTE]
that's not really how I see it, personally
[B]1. [/B]15 dollar minimum wage = more money needed to pay workers
[B]2. [/B]more money needed to pay workers = higher revenue required and/or lower expenses
[B]3. [/B]higher revenue required = prices of goods go up
[B]4. [/B]prices of goods go up = value of dollar decreases
[B]5. [/B]value of dollar decreases = calls to raise minimum wage. return to step 1.
[QUOTE=YourStalker;51500501]We*
Every U.S. citizen is part of this together, stop playing the "I told you so" role. It doesn't help anyone.[/QUOTE]
I voted against this
To be honest I totally get where this guy is coming from. There is no reason for a fast food worker under management level to be earning $15/hr, and this ridiculous "fight for fifteen" is only hastening the automation of the industry. The American labor market is monstrously expensive; if we want unemployment to stay low we need to be focusing on proper training and fiscal responsibility rather than inflating the minimum wage.
I've been trying to get a weekend gig to supplement my income for a while now, but nobody will hire me because it wouldn't be worth the time. Why can't I or anyone else bargain for less than the minimum?
[URL="https://www.dol.gov/featured/minimum-wage/mythbuster"]Here's some interesting quotes about the minimum wage:[/URL]
[QUOTE]Myth: Raising the minimum wage will only benefit teens.
Not true: The typical minimum wage worker is not a high school student earning weekend pocket money. In fact, 89 percent of those who would benefit from a federal minimum wage increase to $12 per hour are age 20 or older, and 56 percent are women.
Myth: Increasing the minimum wage will cause people to lose their jobs.
Not true: In a letter to President Obama and congressional leaders urging a minimum wage increase, more than 600 economists, including 7 Nobel Prize winners wrote, "In recent years there have been important developments in the academic literature on the effect of increases in the minimum wage on employment, with the weight of evidence now showing that increases in the minimum wage have had little or no negative effect on the employment of minimum-wage workers, even during times of weakness in the labor market. Research suggests that a minimum-wage increase could have a small stimulative effect on the economy as low-wage workers spend their additional earnings, raising demand and job growth, and providing some help on the jobs front."
Myth: Small business owners can't afford to pay their workers more, and therefore don't support an increase in the minimum wage.
Not true: A July 2015 survey found that 3 out of 5 small business owners with employees support a gradual increase in the minimum wage to $12. The survey reports that small business owners say an increase "would immediately put more money in the pocket of low-wage workers who will then spend the money on things like housing, food, and gas. This boost in demand for goods and services will help stimulate the economy and help create opportunities."
Myth: Raising the federal tipped minimum wage ($2.13 per hour since 1991) would hurt restaurants.
Not true: In California, employers are required to pay servers the full minimum wage of $9 per hour — before tips. Even with a 2014 increase in the minimum wage, the National Restaurant Association projects California restaurant sales will outpace all but only a handful of states in 2015.
Myth: Raising the federal tipped minimum wage ($2.13 per hour since 1991) would lead to restaurant job losses.
Not true: As of May 2015, employers in San Francisco must pay tipped workers the full minimum wage of $12.25 per hour — before tips. Yet, the San Francisco leisure and hospitality industry, which includes full-service restaurants, has experienced positive job growth this year, including following the most recent minimum wage increase.
Myth: Raising the federal minimum wage won't benefit workers in states where the hourly minimum rate is already higher than the federal minimum.
Not true: While 29 states and the District of Columbia currently have a minimum wage higher than the federal minimum, increasing the federal minimum wage will boost the earnings for nearly 38 million low-wage workers nationwide. That includes workers in those states already earning above the current federal minimum. Raising the federal minimum wage is an important part of strengthening the economy. A raise for minimum wage earners will put more money in more families' pockets, which will be spent on goods and services, stimulating economic growth locally and nationally.
Myth: Increasing the minimum wage is bad for businesses.
Not true: Academic research has shown that higher wages sharply reduce employee turnover which can reduce employment and training costs.
Myth: Increasing the minimum wage is bad for the economy.
Not true: Since 1938, the federal minimum wage has been increased 22 times. For more than 75 years, real GDP per capita has steadily increased, even when the minimum wage has been raised.
Myth: The federal minimum wage goes up automatically as prices increase.
Not true: While some states have enacted rules in recent years triggering automatic increases in their minimum wages to help them keep up with inflation, the federal minimum wage does not operate in the same manner. An increase in the federal minimum wage requires approval by Congress and the president. However, in his call to gradually increase the current federal minimum, President Obama has also called for it to adjust automatically with inflation. Eliminating the requirement of formal congressional action would likely reduce the amount of time between increases, and better help low-income families keep up with rising prices.
Myth: The federal minimum wage is higher today than it was when President Reagan took office.
Not true: While the federal minimum wage was only $3.35 per hour in 1981 and is currently $7.25 per hour in real dollars,[B] when adjusted for inflation, the current federal minimum wage would need to be more than $8 per hour to equal its buying power of the early 1980s and more nearly $11 per hour to equal its buying power of the late 1960s.[/B] That's why President Obama is urging Congress to increase the federal minimum wage and give low-wage workers a much-needed boost.[/QUOTE]
Very significant part bolded.
Sorry, you need to Log In to post a reply to this thread.