This is garbage. It appeals to a far left constituency while alienating the moderate left people who are just trying to make their small businesses work. There has got to be a compromise line between these two groups. This is not how you win elections.
A livable wage increasing 3x is going to raise eyebrows…
I’m not in US, but 3x people’s salary isn’t something feasible, you don’t just increase the lowest, as they now leaped past everyone else. EVERYONE will need increases.
So now everything goes up in cost, you just killed the export economy and those who are out of a job? Get turbo fucked because benefits lag behind at best of times, but now they got higher prices to deal with with the money they already don’t have.
Oh and people go and buy out the housing market before it rockets to the moon.
This is a lemmy comment, figures are vague by design. It is a centrist (read left if you’re American) safe space, hence I’m here, but we don’t live in lala land…
That’s a lot of words for “I’m selfish and don’t understand how people on low incomes tend to spend more money proportionately, thereby stimulating small businesses”
This is still less than some areas’ true living wage in this country. Look up essentially any city here, and you’ll find its living wage is often much higher than both the current minimum wage, the most frequently proposed $15 increase, and this new $25 increase.
Minimum wages should be living wages, not the bare minimum to not starve unless you even temporarily lose your job and are now deemed ineligible to live.
74% of Democrats (center-right), and 55% of voters overall (left, center, and right combined) support a minimum wage increase to $25/hour. This is not a fringe idea.
while alienating the moderate left people who are just trying to make their small businesses work.
When minimum wages rise, small businesses find it easier and cheaper to hire new employees, face less turnover, and are able to charge a high enough price to cover the newly increased cost without inflating prices faster than the minimum wage.
Raising the minimum wage for everyone benefits individuals, small businesses, and the economy at large. It even reduces the high school dropout rate!
Pushing a broadly popular issue relating to affordability at a time when economic uncertainty is around the highest it’s ever been is an incredibly good strategy to win elections.
If your small business fails because you can’t pay you employees enough to live off of, that’s a problem with your business model. The problem with small businesses is that the people starting them have no idea what they’re doing.
I live in a country with reasonable minimum wage and small businesses are doing fine. My city (5 million people) only has 5 Walmart’s while while American cities with half the population (I’ll use Houston for example) have 24. Low wages are integral to Walmart’s business model, not in opposition to it.
I might be wrong but I don’t think this actually pleases “far left” — far left prefers maximums / taxing billionaires rather than just raising the minimum without any regulations to keep costs from rising indefinitely
Pretty sure the far left doesn’t believe in currency or private ownership of goods at all. The far left are communists and anarchists who eschew capitalism entirely. The policies you’ve described are centre-left. The Overton Window in the US has shifted so far to the right that they don’t actually know what far left even means anymore.
This is already a compromise. The far left answer to small business owners is to expropriate your capital and force you to get a job like everyone else.
Besides that, workers outnumber business owners 170.7 million to 36.2 million. You’re a really tiny voting bloc and most of you vote Republican in every election anyway, so who cares what you think?
Yea this $25 an hour would ensure I’d remain a slave and the few jobs I can afford to offer (which are actually fun and in the arts) would all just be me until i keeled over and died paintbrush in hand.
I don’t get fucking paid $25 an hour right now and I pay myself.
Or i could close up shop and work at Walmart like everyone else. Then no one will have anyone or anything to ever see again in America that’s not a major public corp.
The answer is to redistribute that wealth those corps stole from us.
This is garbage. It appeals to a far left constituency while alienating the moderate left people who are just trying to make their small businesses work. There has got to be a compromise line between these two groups. This is not how you win elections.
A livable wage is now considered a far left issue? Jesus christ things have gotten bad.
A livable wage increasing 3x is going to raise eyebrows…
I’m not in US, but 3x people’s salary isn’t something feasible, you don’t just increase the lowest, as they now leaped past everyone else. EVERYONE will need increases.
So now everything goes up in cost, you just killed the export economy and those who are out of a job? Get turbo fucked because benefits lag behind at best of times, but now they got higher prices to deal with with the money they already don’t have.
Oh and people go and buy out the housing market before it rockets to the moon.
This is a lemmy comment, figures are vague by design. It is a centrist (read left if you’re American) safe space, hence I’m here, but we don’t live in lala land…
Left is literally labor. Like, yea, raising minimum wage over triple is definitely a far left issue.
I’m sorry you’ve just now noticed. May want to take a look at Nov 2024-present.
According to the far right, it’s a far left issue. According to everyone else, it’s a center to center-right issue. There is no far-left in the US.
If your business model doesnt allow payment of a living wage then your business deserves to fail
We should start with Walmart not small business.
That’s a lot of words for “I’m selfish and don’t understand how people on low incomes tend to spend more money proportionately, thereby stimulating small businesses”
Ehhhhhhhhhhh in my experience low income does not support small business.
Maybe they would change habits if they made more but it’s unlikely. Habits change more by necessity.
In reality we’d all see healthcare become $5k a month and car insurance at $500.
This is still less than some areas’ true living wage in this country. Look up essentially any city here, and you’ll find its living wage is often much higher than both the current minimum wage, the most frequently proposed $15 increase, and this new $25 increase.
Minimum wages should be living wages, not the bare minimum to not starve unless you even temporarily lose your job and are now deemed ineligible to live.
https://livingwage.mit.edu/
74% of Democrats (center-right), and 55% of voters overall (left, center, and right combined) support a minimum wage increase to $25/hour. This is not a fringe idea.
https://www.onefairwage.org/research-reports/poll-testing-%2425-minimum-wage-in-competitive-congressional-districts
When minimum wages rise, small businesses find it easier and cheaper to hire new employees, face less turnover, and are able to charge a high enough price to cover the newly increased cost without inflating prices faster than the minimum wage.
Raising the minimum wage for everyone benefits individuals, small businesses, and the economy at large. It even reduces the high school dropout rate!
https://news.berkeley.edu/2023/03/14/even-in-small-businesses-minimum-wage-hikes-dont-cause-job-losses-study-finds/
Pushing a broadly popular issue relating to affordability at a time when economic uncertainty is around the highest it’s ever been is an incredibly good strategy to win elections.
You brought receipts. Thank you.
If your small business fails because you can’t pay you employees enough to live off of, that’s a problem with your business model. The problem with small businesses is that the people starting them have no idea what they’re doing.
Enjoy your Walmarts on every corner.
I live in a country with reasonable minimum wage and small businesses are doing fine. My city (5 million people) only has 5 Walmart’s while while American cities with half the population (I’ll use Houston for example) have 24. Low wages are integral to Walmart’s business model, not in opposition to it.
I might be wrong but I don’t think this actually pleases “far left” — far left prefers maximums / taxing billionaires rather than just raising the minimum without any regulations to keep costs from rising indefinitely
Pretty sure the far left doesn’t believe in currency or private ownership of goods at all. The far left are communists and anarchists who eschew capitalism entirely. The policies you’ve described are centre-left. The Overton Window in the US has shifted so far to the right that they don’t actually know what far left even means anymore.
Noted - good point! I guess I meant ‘further left’ than whatever “far left “ boogeyman the original commenter had in their head.
The moderate left business owners? WTF?
Raising the minimum wage is far left?
What even is this?
This is already a compromise. The far left answer to small business owners is to expropriate your capital and force you to get a job like everyone else.
Besides that, workers outnumber business owners 170.7 million to 36.2 million. You’re a really tiny voting bloc and most of you vote Republican in every election anyway, so who cares what you think?
Enjoy your Walmarts on every corner.
One of the biggest problems with Walmart is how little they pay their workers.
Forcing them to pay $25/hr seems like a pretty good deal.
I’m far left with a small business.
Yea this $25 an hour would ensure I’d remain a slave and the few jobs I can afford to offer (which are actually fun and in the arts) would all just be me until i keeled over and died paintbrush in hand.
I don’t get fucking paid $25 an hour right now and I pay myself.
Or i could close up shop and work at Walmart like everyone else. Then no one will have anyone or anything to ever see again in America that’s not a major public corp.
The answer is to redistribute that wealth those corps stole from us.
If you can’t run a business that pays you $25 an hour, it’s not a viable business. Work a job that pays and do the art you enjoy for the love of it.