Showing posts with label job losses. Show all posts
Showing posts with label job losses. Show all posts

Monday, April 4, 2016

Fight for $15 Leader in Denial Wage Hike Will Not Result Higher Prices and Job Losses





This fight for $15 leader, Naquasia LeGrand, is in complete denial, she has no clue how business economics works. She believes that a rapid wage hike now is a good thing because "people are losing their jobs as we speak". Well as I warned in 2015 there are 6 options business owners have but in the end it will result in more job losses.

When you increase wages you are in fact increasing operating expenses. This means costs go up. Your costs go up then business owners must raise prices to keep the doors open. While this sounds great many are already pushing the limit with price hikes risking the loss of customers/ clientele to larger businesses who have greater buying power which allows them lower costs. In the short run, small business owners will be the first victims of this social justice warrior act of insanity for income equality. Small business owners will first cut whatever expenses they can, next cur worker hours, followed by price hike and then a staff reduction. High prices poor service (will happen from lack of needed workers) will eventually lead to said businesses closing their doors because this push for $15 an hour doesn't work.

Larger businesses will be able to weather this storm longer as they can spread out the costs but they too will eventually make all the same cuts, where they haven't already, and again eventually cut staff. You see one of things no one is talking about is this won't be the last call for a wage increase. Once everyone is at $15 then there will be calls for $17... $20!

You 15'ers have no idea what you have done. Flipping burgers, stocking shelves, running a cash register is low-skilled work, YOU DO NOT DESERVE to make more money than people who have more skills and education! Americans DO NOT care about how you don't make a living wage to support your family of 5 on a part time job because that job was never meant to support a family of 4 or 5! That job was meant to offer entry level experience and training to young people, and to provide supplemental income for those with full time jobs. You have more or less signed your own job death warrant where you will be fired. Workers will be saddled with twice as many job duties to compensate, someday they'll be replaced with machines or again as I warned the business will close up.

Enjoy you wage hike over the next few years and bank every penny because you will need it when the job is no longer there.


Thursday, March 26, 2015

Seattle City Council Member Who Pushed For Higher Min Wage Hike Blames Capitalism For Job Losses





This progressive aka communist and radicals like her got what they wanted pushing min wage to $15/hr that forced countless owners out of business. On paper the higher wage sounds great but not when it increases your costs so high you cannot afford to keep the doors open. You see that's the problem with our progressive overseers they have no real-world experience. They are all a bunch of elitist academics who think their ideas are what is best. They cannot even comprehend that business owners have only a few options as a result of socialist/ communist policies forced on them. The first option is to cut expenses/ lower overhead. This tends to be a temporary fix in many cases as it will have a negative affect on production or quality of product or service.

When cutting expenses fails businesses have to increase prices, but then with every action there is a reaction. When businesses raise prices they become less competitive and lose customers. Okay then the business has to compensate for the drop in income/revenue. Since they cut overhead, raised prices but are in the red they have to cut employees. First they will reduce hours then they have to reduce labor force. If that doesn't work then you close shop!

Capitalism is not putting businesses out of business in Seattle, communist policies did! High taxes, high healthcare costs, regs and fees out the wazoo and high wages for low skilled jobs makes it impossible for people to open let alone keep a business running. Fact is SOCIALISM/ COMMUNISM is what shut these businesses down. Kshama Sawant is just covering like a typical progressive commie. History has proven these policies do not work and I hope more cities and states adopt them! Yes I just said that. I want to see more states make this move to pay high wages for low-skilled jobs so people can see what happens in Seattle isn't isolated to one city. Let a couple million people feel the pain of the policies and agenda of those they insist on putting in office.

Sorry America but we are going to have to go through the dark tunnel to come out to light on the other end. It will be painful but a lesson this country needs and hopefully after we go through it those who caused will go extinct!