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this post was submitted on 29 Apr 2024
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I am not a huge fan of minimum wages. Their history is racist and I think they hold the market back. If we didn't have a minimum wage, people could negotiate better.
@wintermute_oregon Eh. From what I remember, they were definitely needed at the time they were introduced, and I think getting rid of them will lead to the same problem today.
A better practice would be to keep the minimum wage static, and then stop contributing to inflation, although to be fair to #California, that problem is caused largely by the federal government, not the state itself.
They were introduced to prevent black people from getting jobs over white people by having a lower pay. That is the history of the minimum wage.
@wintermute_oregon I'm not seeing anything about that.
This lines up pretty well with my understanding of how minimum wage came about: https://www.dol.gov/general/aboutdol/history/flsa1938
https://mises.org/mises-wire/racist-history-minimum-wage-laws
@wintermute_oregon Key facts here check out, thanks!
I still agree that the changes were needed at the time though, the lower class at the time was essentially a slave class due to low levels of pay. People were being paid so little that young children were forced to work in factories in order for households to make ends meet.
The left loves to talk about Denmark and employees making 25 an hour. They then ignore there is no minimum wage law in Denmark.
That is what changed my views.
@wintermute_oregon @realcaseyrollins a lot of those people are just useful idiots. they're mad about whatever they've been primed to riot about. they don't actually have a basic understanding of how food arrives at stores or the implications of wages on the cost of their coffee. it's really sad.
@icedquinn @wintermute_oregon @realcaseyrollins I doubt the cost of living anywhere in europe rlly compares to the cost of living in LA
@teratology @wintermute_oregon @realcaseyrollins depends where in europe and what you are doing.
importing a Deluge from new zealand had an import duty of 0$ because the USA doesn't really charge other colonials import tax. the same device to a German musician held something like a 300$ overhead to the government.
in my recent reading about cinema cameras, someone was charged around 170$USD to have their camera sent back to black magic for servicing. the brits and euros it was more like 400$.
there are a lot of import/export fees and license buggery that just doesn't exist in the USA.
but my original point was you just have these wealthy or scholarship/loan people that want cheap coffee at school but then someone tells them to be mad about what the poors make, and i don't think it actually occurs to them that paying the barista 20$ an hour means the cost of their coffee is going to go up.
@icedquinn @wintermute_oregon @realcaseyrollins oh yeah well, it isn't a viable solution. A lot of places here have closed, even in Oakland, for crime related reasons on top of increasing wages. Fast food workers here get capped for nothing.
Agreed. As you can see here when person thought the franchisee should just take less profit when it’s unprofitable. He seemed to think the franchisee was making 2000x the employee when it’s close to 4-5x but also carries all the liability.
Dining in general is low margin. Wages are a large part of that cost. I’m not against raising wages but people need to realize cost will go up, jobs will be lost and you’ll get less service.
@wintermute_oregon @realcaseyrollins
And without unions, good workers get paid more and the slackers who cost everyone else money get paid less or BTFO.