Message from @wahx
Discord ID: 539982297277923339
That was the stuff
What do you guys think?
I have a good guess as to what they'll say
What is that from?
My textbook đ
Iâd say this creates roughly two camps
âWhatever views i have on immigration, i disagree with the KKK and its history of brutalization and bigotryâ
and
âThe KKK was rightâ
I think the really harsh opinion on immigration, like deporting hard working families who have committed no crime might be a coverup for "I don't like spics, deport them"
but saying that triggers an npc like response . "Muh racism"
Youâre all npcs đ
That's so dehumanizing, I'm literally shaking and crying rn
@Mr1Gonzalez thanks lets do it again sometime. You gave the original this time so I'll try to do one that you can critique. The sources you just mentioned say that small business were hurt because of the recession, and make no mention of a minimum wage increase, which is what we are talking about. Can't equate recession = minimum wage increase.
Min wage increases have generally little effect if you factor out recessions
On the health of the economy, that is
yeah that's what most studies I've found say
but it is *a* way
if it were tied to inflation we might have more cause to deal with inflation quickly
Letâs do this in an accounting perspective, since I am qualified to be an accountant.
Total Revenue - Cost of Goods Sold = Gross Profit.
If revenues equal $500,000 per year
and costs of goods sold is $400,000
Then the gross profits are $100,000 in a year.
Letâs assume this made up company has only 10 employees making the wages of $7.25 per hour which = $150,800 per year out of the costs of goods sold which means the rest of the costs would be $249,200. This is a realistic scenario. However, if the minimum wages increase to $15 per hour as proposed and the owner gladly keeps his employees he would be then paying $312,000 per year for all 10 employees and increasing his costs to $561,200 which would put his company at a gross loss of -$61,200 per year. Therefore any claim that âmin wage increases have generally little effectâ on a small company is a blatant lie made by ignorant people. There is absolutely Zero studies that can disprove simple math and finances. Companies need to adjust to these wage increases to survive by increasing prices or paying off workers (at the very least reduce overhead). Itâs common sense.
Then it sounds like itâs a company that canât afford to pay its employees a living wage and shouldnât exist
On a separate note Iâd support legislation that lowers taxes when the ratio of least payed to most payed is is close to 1
Also youâre thinking of a micro situation and applying it to macro situation
Thatâs actually a high end situation since most businesses donât make a profit of $100,000 a year
But saying a once successful company shouldnât exist because they got hit with an unexpected expenditure is pretty harsh especially coming from a liberal.
Thatâs especially not something any entrepreneur is going to want to hear. Just that statement alone cost you about 25 million votes.
Not an unexpected expenditure, the requirement to pay a living wage
Thatâs ok Iâm not running for public office
Well yeah most small business fail, of course most donât get to 100,000
But I didnât say it was a high end situation, I said it was a micro situation
Define micro situation
Thatâs not a common term
Also living wages fluctuate per person. Thatâs a subjective statement.
And also why would a business be entirely reliant on paying all of its employees minimum wage
A business dependent on paying all of its workers minimum wage just to stay afloat probably wouldnât survive long anyways
With or without a wage hike