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California Dreamin’: Minimum Wage Hikes Lead to Fewer Jobs and Higher Prices 

John Stossel
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A few years ago, I reported that Seattle’s minimum wage hike killed jobs.
Now, California is making the same mistake.
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Fast food workers in California fought hard for a $20 minimum wage.
They won.
Now they have to face the unintended consequences:
Job loss, higher prices, automation replacing people, and fewer opportunities for the young and unskilled.
Will politicians ever learn?

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26 сен 2024

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Комментарии : 7 тыс.   
@44Magpie
@44Magpie 4 месяца назад
Newsom is the slimiest politician ever and that's saying a lot.
@JohnMurphy-dw6ml
@JohnMurphy-dw6ml 4 месяца назад
You got that 100% right? Actually, he make slime look good!
@acupuncturekid
@acupuncturekid 4 месяца назад
Yet he's a presidential candidate
@JohnMurphy-dw6ml
@JohnMurphy-dw6ml 4 месяца назад
@@acupuncturekid Well, you see with the scum bags in this country voted for last time!
@747fa
@747fa 4 месяца назад
Incorrect. The slimiest of slime award goes to none other than Trumpty Dumbty, the most detestable thing on two legs and that's being nice.
@Tom-cz9op
@Tom-cz9op 4 месяца назад
He's related to Nancy Piglosi, what would you expect?
@dageevil
@dageevil 4 месяца назад
I just stop eating out. It's pointless to spend this much.
@Jacklyn-zc8dc
@Jacklyn-zc8dc 4 месяца назад
And it's always a disappointment.
@gifthorse3675
@gifthorse3675 4 месяца назад
Agreed, most women now days aren’t worth the time and cost.
@rtwas
@rtwas 4 месяца назад
I have'nt been able to afford eating out for a long time. I can feed myself for two days on what one takeout meal costs these days. And as others have said, the takeout food quality is low these days.
@RealMTBAddict
@RealMTBAddict 4 месяца назад
The minimum wage should be $22hr now.
@tommyleite-x3o
@tommyleite-x3o 4 месяца назад
I also stopped eating out. It makes no economic sense. Back a few years ago, I would take the family out for a nice dinner on weekends, as a ¨reward¨ for all the hard work we all did. Nowadays it cost more than $100 for a nice family meal, food quality went down, service quality went down... now my wife and I just take turns and learn new recipies for the weekend. A nice homemade lasagna with sides, salad, and a bottle of wine cost us around $50 to make (and better quality ingredients), and we still have leftover for the next day.
@DJSephEntertainment
@DJSephEntertainment 4 месяца назад
Imagine waking up thinking you were going to get $20 per hour, driving to work elated, just to find out you are unemployed.
@MrGchiasson
@MrGchiasson 3 месяца назад
And then...go look for another job..but employers can't afford to hire because of the $20.00/hr.
@rgray531
@rgray531 3 месяца назад
IM LOVIN IT!
@GohnwithaG
@GohnwithaG 3 месяца назад
A lesson in basic economics
@spillingblood1985
@spillingblood1985 3 месяца назад
And the ones that do still have jobs, still can't get orders right. Fast food workers may as well be politicians. They're the only other group that I've seen fail upwards and get rewarded for it.
@blue03r6
@blue03r6 3 месяца назад
Thats actually happening
@AlexRemus
@AlexRemus 3 месяца назад
It's not the politicians who are idiots. They know perfectly well how economics works. It's the people electing them.
@tetedur377
@tetedur377 3 месяца назад
Fooled me. Not about the people who elect certain politicians. That's no surprise. The part about politicians understanding how economics (or even business) works; especially since many, if not most of them are lawyers. Hell, one of them is a former bartender who actually (purportedly) minored in economics. You'd think that of all of them, she at least one have at minimum a general sense of how business works.
@richardswain5033
@richardswain5033 2 месяца назад
@44 You make a great argument, I could go into detail but I’ll start with the basics. Ppl by nature want what others have and more, is it unfair, absolutely, does it also fuel innovation, absolutely. I’ll make a great example of why we need social classes with regards to income. I grew up poor, violent household etc. lived in a car basically at 15. I worked 2 FT jobs, paid MY OWN COLLEGE and I currently own 3 businesses. During my teen up until last year, I worked a minimum of 80 a week. Through my hard work and dedication I make over $300k a year. I have employees I pay well etc. Next year I’ll semi retire and still make over $200k a year. The reason I worked my ass off was because as a MAN, it’s my responsibility to protect and provide for my family. Did I give up a lot, absolutely, do I wish I didn’t do it, not once. The moral is, ppl will be ppl, expecting to limit one’s work ethic and think those who risked it all should not be rewarded is not logical or rational thinking. Someone has to but those Rolls and Bentleys or they go out of business and more unemployed in the workforce. Someone has to buy the Gucci, LV etc. I’m not saying it’s right, I’m saying it’s impossible to have the whole pie, you gotta share and the person who tends to risk it all gets the biggest slice. No different than if you and someone else is working and at review time you never missed a day but your coworkers did every week, I’d assume you would be pissed if they got a big raise and you didn’t. It’s unfair but remember, never bite the hand that feeds you.
@KWifler
@KWifler 17 дней назад
You're exactly right. The people DO need higher wages. It's a cost of living issue. But it's also ILLEGAL for public companies to give their shareholders less money. The problem goes deeper than the average person can easily see at a glance. The simplest solution isn't always the correct one, in this case, simply raising wages. We need deeply intelligent people working behind the scenes to lower the cost of living for the poor. If the government didn't intervene in basic grocery stores to control prices, shareholders could sue them out of business because the poor can't sustain constant growth. Just like they can't sustain constant growth in the housing market. The poor also need to learn their place and stop living above their means.
@WorldHistory42
@WorldHistory42 4 дня назад
Its called Ochlocracy
@meechduplissey5302
@meechduplissey5302 4 месяца назад
When I was in High School, everybody's first job was McDonalds, Dairy Queen, or some other fast food place. Other than the manager all the employees were teenagers.
@CyesH-we6oo
@CyesH-we6oo 4 месяца назад
Those days are long gone. Teenagers can't work certain shifts, which tend to be the busiest. If you also look at the demographic numbers, there are literally not enough born either to cover all the necessary locations. Not to mention that they are having trouble competing with other industries that pay better.
@justsayingforafriend7010
@justsayingforafriend7010 4 месяца назад
And we partied out ass off...lolll
@robertsmith4681
@robertsmith4681 4 месяца назад
It is a great training center for workers entering the workforce.
@SgtJoeSmith
@SgtJoeSmith 4 месяца назад
Mine was mowing lawns then construction. I never worked fast food or grocery stores. I been a contractor all my life
@RealMTBAddict
@RealMTBAddict 4 месяца назад
This isn't 1965 anymore.
@GlenGGonsalves
@GlenGGonsalves 4 месяца назад
“Never underestimate the government’s ability to make matters worse.”
@EroticOnion23
@EroticOnion23 3 месяца назад
INFINITY minimum wage per hour, NOW!! 😁
@AlonzoSuates
@AlonzoSuates 3 месяца назад
Democrats government. This is all by design. They want California to be the rich man state. Not a state for everyone.
@foxyladyoak
@foxyladyoak 3 месяца назад
The scariest words “we’re from the government and we’re here to help.” - Ronald Regan
@GlenGGonsalves
@GlenGGonsalves 3 месяца назад
@@foxyladyoakit’s almost like the government wants to be God.
@butchc9226
@butchc9226 3 месяца назад
Fast food prices will go up. Idc I haven’t had fast food in 20 years.
@johnwolf3294
@johnwolf3294 3 месяца назад
The politicians aren't stupid, it's the people who vote for them that are.
@michaelfoster821
@michaelfoster821 3 месяца назад
I disagree they both are the people for voting and the politicians for their arrogance
@rockymntnliberty
@rockymntnliberty 3 месяца назад
Decades ago, when the entity I work for formed a union, it became quite clear to me that as a rule of thumb, find the laziest most incompetent workers within a workplace, and those are the people that are the backbone of the Union.
@dr.vanhellsing
@dr.vanhellsing 4 месяца назад
I love how the black woman said “We Did This!” You sure did and the robot and automation industry thanks you from the bottom of there hearts!
@slimshady6359
@slimshady6359 4 месяца назад
That was no black woman ....that was Uncle Ruckus in Drag....
@Cream1968
@Cream1968 4 месяца назад
A”PROUD BLACK WOMAN”…..🥳
@Xenozillex
@Xenozillex 4 месяца назад
Implying companies wouldnt replace workers if they were paid 10 an hour?
@robertpettis8584
@robertpettis8584 4 месяца назад
@@Xenozillex That depends. Can the robots do the job for a lower cost? For every employer the answer is different.
@BP-ke5qs
@BP-ke5qs 4 месяца назад
She doesn't care, she got her bag
@AntisocialRedNeckNerd
@AntisocialRedNeckNerd 4 месяца назад
A wise economist had this to say on this topic: “Unfortunately, the real minimum wage is always zero, regardless of the laws, and that is the wage that many workers receive in the wake of the creation or escalation of a government-mandated minimum wage, because they lose their jobs or fail to find jobs when they enter the labor force. Making it illegal to pay less than a given amount does not make a worker’s productivity worth that amount-and, if it is not, that worker is unlikely to be employed.” - Thomas Sowell The real reason these politicians and activists do this is to show how much the care. But, in reality they care about themselves and not the people impacted.
@ralphrugan5985
@ralphrugan5985 4 месяца назад
Goodbye fake jobs lol. Boomers will have to make their own food now.
@Clarence2Worley
@Clarence2Worley 4 месяца назад
100%. It's just another opportunity for the leftys to virtue signal. That's what they love to do.
@TheTundraTerror
@TheTundraTerror 4 месяца назад
I think he also mentioned how wage increases only benefit people already in the labour market.
@robertpettis8584
@robertpettis8584 4 месяца назад
@@ralphrugan5985 Just what makes you think those jobs were fake? Granted, they weren't high paying, but where else are young people going to gain experiance and develop?
@albertchurchill4845
@albertchurchill4845 4 месяца назад
@@ralphrugan5985 What do you call a fake job? How is the job fake? WTF do you mean? Then you throw in some hating for people you don't know.
@non-yesman7995
@non-yesman7995 4 месяца назад
"We lost 10,000 jobs! We did that!" Also all full time jobs are now part time jobs... Good job people...
@slimshady6359
@slimshady6359 4 месяца назад
Progressive policies are Best
@scallywag1716
@scallywag1716 4 месяца назад
But at least they got $20 an hour…. lol
@adamdelarozza1985
@adamdelarozza1985 4 месяца назад
Yeah, you Did that! Take a bow knowing you are an incompetent along with your simple uneducated mind
@skyranger1366
@skyranger1366 4 месяца назад
Minimum wage remains the same and we still end up losing 10,000 jobs.
@scallywag1716
@scallywag1716 4 месяца назад
@@skyranger1366 lol no…not exactly how it works.
@michaelhiggins2562
@michaelhiggins2562 3 месяца назад
California is a perfect example of what NOT TO DO!
@soundpreacher
@soundpreacher 3 месяца назад
California is ALWAYS a perfect example of what not to do. (The only exception is drink deposits, which cut littering and encourage the homeless to earn money at almost no cost to the state.)
@mikelarry2602
@mikelarry2602 2 месяца назад
Is CA worse than NYC ?
@soundpreacher
@soundpreacher 2 месяца назад
@@mikelarry2602 Probably, only because it’s larger.
@steffanshade3969
@steffanshade3969 4 месяца назад
As someone else commented on another video: minimum wage laws are working exactly as intended. It creates a class of voters completely dependent on their political leaders.
@djm5687
@djm5687 4 месяца назад
If you're making minimum wage, and the minimum wage goes up... *_you're still only making minimum wage!_*
@jewelsverne9027
@jewelsverne9027 4 месяца назад
@@djm5687 and the price of everything goes up too, like they really think this magic trick will lift the entire lower class out of poverty into a new type of middle class? Nah, they need millions of people on the bottom for a reason, and they can just determine both the floor and the ceiling since they print the infinite money
@riakriak7270
@riakriak7270 4 месяца назад
@@djm5687 If raising the minimum wage doesn't work, what should we do instead? Telling people to "get a better job" isn't enough because a lot of people can't afford college, or they lack the 5 years experience that entry level jobs ask for these days. How do we help those people?
@uncaboat2399
@uncaboat2399 4 месяца назад
@@riakriak7270 How about copy what Switzerland is doing?
@djm5687
@djm5687 4 месяца назад
@@riakriak7270 You need to look harder *like I did!* Take on a 2nd job, if possible, and *save and invest* as much money as possible. Look for jobs where advancement is possible. Even if you have a full-time job (40+ hours), you *still have plenty of time to look for higher paying jobs.* In answer to your question "How do we help these people?": You *_allow them to help themselves._* If necessary, government could introduce training programs, rather than spending money on abortions, foreign aid, aid for illegals, etc.
@jaijaiwanted
@jaijaiwanted 4 месяца назад
“It doesn’t matter how smart you are if you don’t stop to think” - Thomas Sowell
@747fa
@747fa 4 месяца назад
Good on you, jai jai! And how about you put your money where your mouth is and work for, say, $7.50/hr for the rest of your life so you can TRULY show your support for these poor, poor companies, h'mmm?
@frankstrawnation
@frankstrawnation 4 месяца назад
Thomas Sowell is full of clever quotes.
@kkampy4052
@kkampy4052 4 месяца назад
As the great Thomas Sowell says "the minimum wage is zero, which is what you will get when you lose your job"
@dnzswithwombats
@dnzswithwombats 4 месяца назад
A century ago the workers at factories near here were unionized, went on strike, succeeded in making the business close down. Everyone lost their jobs and the business owner's son grew up to be a union busting lawyer.
@RealMTBAddict
@RealMTBAddict 4 месяца назад
And? The minimum wage should be $22.00 an hour right now if it kept up with inflation and production. Stop quoting people that don't make any sense.
@iamscoutstfu
@iamscoutstfu 4 месяца назад
@@RealMTBAddict It doesn't make sense to you because you don't understand economics.
@747fa
@747fa 4 месяца назад
​@@iamscoutstfu Perhaps, you'd prefer these workers who are trying to make ends meet, paid their employers for the privilege of working for them? Yes, you just keep supporting these poor, poor companies and their propaganda every chance you get.
@747fa
@747fa 4 месяца назад
​@@dnzswithwombatsI think people like you should do all these poor, poor companies a BIG favour, put your money where your mouth is and work 40 hours a week for, say, $10/hr. That way you can directly save all these poor, poor companies.
@Thehomiefromthe818
@Thehomiefromthe818 3 месяца назад
Californian, born and raised. I can tell you that in the last 35 years the prices have gone up, quality and quantity of food has decreased, service has decreased, entitlement is everywhere and no willingness to be better. No one wants to work nowadays. We give California half of our paycheck for taxes and yet everyone is still struggling. There’s so many angry, unhappy, and disgusting people here now. Everyone’s true colors have been coming out since Covid. Depression, anxiety, and suicide has increased tremendously.
@PerryCaravello-fz7jn
@PerryCaravello-fz7jn 3 месяца назад
I left CA in 2002. I will never go back.
@SquanchyCatDad
@SquanchyCatDad 3 месяца назад
I left Feb. '23 at 37 years old. Born and raised in Cali, and I'm so glad I left.
@Jayhawk_Nation
@Jayhawk_Nation 3 месяца назад
Just give Calofornia to the Mexicans.
@MASTEROFEVIL
@MASTEROFEVIL 3 месяца назад
No one wants to work anymore because these are unliveable wages
@arie_lovexi
@arie_lovexi 3 месяца назад
and for what cause?? for their sick beliefs.
@HookemFishing
@HookemFishing 4 месяца назад
Companies laying off people - We Did This!!! Companies raising prices on items - We Did This!!! Kids not able to get entry jobs - We Did This!!! Entry level job growth, stalled - We Did This!!! 😑
@classreductionist
@classreductionist 3 месяца назад
Why do you hate capitalism kid?
@HookemFishing
@HookemFishing 3 месяца назад
@@classreductionist I'm being sarcastic?
@eddesa5134
@eddesa5134 3 месяца назад
@@classreductionist Using government and/or abusing law to affect wage rates is NOT Capitalism but SOCIALISM. In capitalism all transactions are negotiated by the two affected parties at arms length NOT via unions or law ie so that the price of any good or service in that free market will reach its on natural equilibrium. Government or Union intervention on the price of labour ie wages is bound to affect the demand just as raising the price of anything (except for griffin/luxury goods) will decrease the demand - its basic human nature which socialists don't understand.
@tammanyfields3583
@tammanyfields3583 3 месяца назад
That SEIU sistah is probably making bank off this shenanigan.
@SSGNASTY
@SSGNASTY 4 месяца назад
As a california resident he is the worst. He destroyed california.
@MrEli768
@MrEli768 4 месяца назад
And yet, the big cities in commiefornia keep voting him in... EVEN WHEN he was recalled, TWICE, they voted to keep him in... then again, I personally think he got his votes the same way biden did.
@FATVJerky-pt6xb
@FATVJerky-pt6xb 4 месяца назад
no, Californians destroyed California.
@TrevorHamberger
@TrevorHamberger 4 месяца назад
Ronald Reagan was the start of the destruction of California
@SSGNASTY
@SSGNASTY 4 месяца назад
@techtoyota9725 why would I vote for him, I recalled him twice and voted against him and any democrat every time.
@JoeSchmo-u1d
@JoeSchmo-u1d 2 месяца назад
He had help from Jerry Brown.
@TiffanyWest3030
@TiffanyWest3030 4 месяца назад
He is the most evil Governor. He’s ruined so many lives.
@djm5687
@djm5687 4 месяца назад
The unfortunate truth is that Gavin Newsom will probably be elected President in 2028.
@mikewurlitzer5217
@mikewurlitzer5217 4 месяца назад
In all recorded history there is one truth which has zero exceptions. The larger and more powerful any government, the more destructive and in the case of the federal government the more deadly they always become. That is why the Founders did their best to create LIMITED government and even gave us the tool, the 2nd Amendment, to use if their efforts failed.
@72marshflower15
@72marshflower15 4 месяца назад
@@mikewurlitzer5217 ..that’s all NPC.. You guys whine bout big gubmint, but what you really want is your own to force onto everyone else.. It’s your pet capitalism that needs so much laws and regulations due to its corrupt nature to begin with.
@72marshflower15
@72marshflower15 4 месяца назад
Tiffany, I want to understand that, but I need to see examples, not just your claims..
@internetjerk2839
@internetjerk2839 4 месяца назад
​@almaelizondo187 because businesses are moving out of California over it and the few staying are doing massive layoffs and price hikes
@johnroper3077
@johnroper3077 3 месяца назад
*Remember what SHE said. "WE did this!"*
@bruceblackwell2205
@bruceblackwell2205 3 месяца назад
❤. You should have known if you're going to raise minimum wage the price of the product is going to be double of what it is now
@CadillacM
@CadillacM 3 месяца назад
​@@bruceblackwell2205most of the union's leadership only got a GED. They never took economics class in high school
@johnroper3077
@johnroper3077 3 месяца назад
@@bruceblackwell2205 These disillusioned people display the level of ignorance in America today, and this so-called "administration" is taking full advantage of it too.
@joefox9765
@joefox9765 3 месяца назад
Yea, they sure did..😢 The result of bad parenting. Totally destroying the State and any future opportunity. So now the restaurants will belly up 😮
@spencerathearn3586
@spencerathearn3586 3 месяца назад
​@bruceblackwell2205 she failed basic math
@r_b5951
@r_b5951 3 месяца назад
"...we did this!"...put lots of people out of work. Great work Gavin.
3 месяца назад
Remember this when they run him for President. THAT party is Dead--no intelligence, no heart, no vision, no soul.
@stephensangalli
@stephensangalli 4 месяца назад
Politicians have never worked an honest day in their lives. They also have no idea of basic economics. 😢
@robertpettis8584
@robertpettis8584 4 месяца назад
Why should they, they are in a popularity contest. The people who should know ecomonics are the voters as they are the ones that have to live with the results of the politicians actions.
@joeyGalileoHotto
@joeyGalileoHotto 4 месяца назад
Should be a requirement that candidates for a political position must work at least 2 years in private sector and preferrably in a leadership position
@albertchurchill4845
@albertchurchill4845 4 месяца назад
They never are held accountable for the unintended effects of their policies. They manage to fool the voters with their excuses.
@bradwjensen
@bradwjensen 4 месяца назад
They can't balance the budget or slow their spending but they come out of it all richer..
@gamefan7321
@gamefan7321 4 месяца назад
Never trust some rich a-hole whose never worked a day in their life to understand a market economy.
@marycasanova8905
@marycasanova8905 4 месяца назад
The woman screaming "we did this!" Remember that face. Yes. You did.
@peanutsarecheap1997
@peanutsarecheap1997 4 месяца назад
She did. Looking for change and livable wages the nerve of her. 😑 It's okay to want and need and ask for a raise to be able to live
@bobl703
@bobl703 4 месяца назад
@@peanutsarecheap1997 She needs to learn the skills to get good jobs and not have to worry about minimum wage anymore. Entry level jobs were never meant to be a career, and certainly not meant to get a high minimum wage.
@dawnmoreno3553
@dawnmoreno3553 4 месяца назад
And working fast food is the way ? Wow.. not how I figured it out. This does NOT work.
@harbosonius
@harbosonius 4 месяца назад
​@@peanutsarecheap1997socialist smooth brain detected.
@patrickkenyon2326
@patrickkenyon2326 4 месяца назад
​@@peanutsarecheap1997Failing to understand economics, thereby costing thousands of people their jobs. Yes. She did that.
@VitalGear775
@VitalGear775 3 месяца назад
What people aren't talking about are the people who made double the minimum wage who didn't see a raise in income and now their jobs have become the "new" minimum wage job. Like in my state, $24/hrs was a decent wage 4 years ago, but now people in fast food restaurants get that and the people who earned that years ago are still making that amount.
@HeadStronger-HS
@HeadStronger-HS 4 месяца назад
The delusion is strong in this state.
@davidcox3076
@davidcox3076 4 месяца назад
My dad's cousin, who visited from San Francisco, once told me California was truly the land of fruits and nuts. This was the early 1980s and it wasn't as evident. As the years have passed, though...
@Groovy-z3x
@Groovy-z3x 4 месяца назад
Politicians DO know that raising the minimum wage will hurt employees job's but, Politicians don't care about Americans.
@jaijaiwanted
@jaijaiwanted 4 месяца назад
They sometimes have too to not be voted out. If enough people demand something, it might just happen.
@EIE-BA5Avinash
@EIE-BA5Avinash 4 месяца назад
They only care about the union lobbyists.
@Jacklyn-zc8dc
@Jacklyn-zc8dc 4 месяца назад
I've come to the conclusion that they actually HATE us, especially after learning about "Gain of Function."😔
@m-71tx26
@m-71tx26 4 месяца назад
Politicians don’t learn anything.
@747fa
@747fa 4 месяца назад
Yep. Donald Trump couldn't give a rodent's nether region's for workers anywhere.
@joel.6359
@joel.6359 4 месяца назад
Most of those politicians aren't worth $15/hour, either!
@mamatried528
@mamatried528 3 месяца назад
Yeah, why isn’t that a bill? Cap their pay, financial oversight committee for all state officials. That will clean up Ca real fast.
@mr.joshua204
@mr.joshua204 3 месяца назад
I worked 15 dollars an hour acouple of years ago. It wasn't enough for me, so I saved 5k , went to cdl school, got my cdl and paid myself back the 5k in 2 months, and now I'm making 30 an hour, and I just got my hazmat and tankers to make even more money lol
@brusso456
@brusso456 3 месяца назад
Most of those politicians aren't worth a wooden nickel.
@kimobrien.
@kimobrien. 3 месяца назад
@@brusso456 They are paid shills of the capitalist bosses.
@jamesodell3064
@jamesodell3064 3 месяца назад
I believe their value is negative.
@Rj-dq1qe
@Rj-dq1qe 3 месяца назад
Those "activists" do more harm than the government.
@salt_spicy
@salt_spicy 3 месяца назад
Go back to the 19th century
@YourFBIagent118
@YourFBIagent118 3 месяца назад
They are organized by the government
@AndroidSamsung-qz9pl
@AndroidSamsung-qz9pl 3 месяца назад
Those "activists" are funded.
@Dr.BatmanPhD
@Dr.BatmanPhD 3 месяца назад
Yeah it’s TOTALLY on the people trying to survive out here and not these greedy corporations.
@seannapier2298
@seannapier2298 3 месяца назад
@@Dr.BatmanPhD what you don’t understand is that those activists are doing the politicians bidding, whether they realize it or not.
@notanomad9320
@notanomad9320 4 месяца назад
Easiest thing in the world is spending someone else's money on another and then taking credit for it.
@mikewurlitzer5217
@mikewurlitzer5217 4 месяца назад
Marxist democrats depend upon this tactic to attract the ignorant vote.
@explorenaked
@explorenaked 4 месяца назад
You got that right. Rep. Barbara Lee (Oakland, CA - surprise) wants the Federal minimum wage to be $50. Talk about bankrupting a country overnight.
@riakriak7270
@riakriak7270 4 месяца назад
If raising the minimum wage doesn't work, what should we do instead? Telling people to "get a better job" isn't enough because a lot of people can't afford college, or they lack the 5 years experience that entry level jobs ask for these days. How do we help those people?
@uncaboat2399
@uncaboat2399 4 месяца назад
@@riakriak7270 First of all, *do not go to college.* It's a waste of time and money. You want to get a good job? Go to a trade school, learn aircraft mechanics. Graduate to a job pulling 6 figures.
@uncaboat2399
@uncaboat2399 4 месяца назад
@@riakriak7270 _"If raising the minimum wage doesn't work, what should we do instead?"_ It is interesting how many young socialists point to Nordic countries as examples of "Successful Socialism," even though they are not. Then they ignore how those same Nordic countries do not have any minimum wage and are doing just fine. The Real Minimum Wage is Zero.
@RBoas
@RBoas 4 месяца назад
Yet, these people will still vote for the same party.
@SgtJoeSmith
@SgtJoeSmith 4 месяца назад
Dumping gas on a fire will put it out. They just didn't dump enough gas on it. That's their logic
@Columbus1152
@Columbus1152 4 месяца назад
I don't think their vote really matters, the political system is corrupted to the core.
@ChickenMcThiccken
@ChickenMcThiccken 4 месяца назад
they know not to bite the hand that feeds them. you understand? no retiree is going to go up in arms ; regardless of what the younger generations want to do. once that buffer of retirees is gone. its all gonna come crashing down. why? because there will be a gap of about 5 or 6 years where there are no new retirees . in that gap is where all hell will break loose.
@Tom-cz9op
@Tom-cz9op 4 месяца назад
Purple hair, not knowing if they are m or f , do you really think these people are competent enough to vote?
@DrEd-th2lu
@DrEd-th2lu 4 месяца назад
You can’t educate the uneducated…
@kingrex1931
@kingrex1931 4 месяца назад
It's not that the politicians don't know the negative effects of raising the minimum wage, they raise it because it is popular with voters. It makes it look like they are helping the little guy, when they are actually hurting them.
@747fa
@747fa 4 месяца назад
Yes. Better we keep those pleb workers down and working for say, $10/, er no, that's STILL too generous. Let's make sure they only get $5/hr. That way, economically, no companies or businesses will go bust and their CEO's etc., will get even BIGGER payouts! Brilliant, sonny, just brilliant!
@djm5687
@djm5687 4 месяца назад
​@@747faYour comment makes the assumption that there is "only one giant company that controls all the jobs". Employees are always free to look for higher paying jobs elsewhere. Small businesses are a great way to support employees who want to aquire skills and higher wages.
@kingrex1931
@kingrex1931 4 месяца назад
@@747fa You truly proved how economically illiterate you are. If it actually worked in the manner that you are implying, then how does anyone make more than minimum wage? If all companies just pay the "pleb workers" the minimum, nobody could possibly make more than minimum wage. People get paid based upon the value that they add. Who would it benefit for government to cause companies to go out of business? Would the employees who lost their jobs be better off? Would other businesses and their workers be better off from the lost sales that are caused by the first company going out of business? When the minimum wage goes up, it causes price increases, so those big companies can just raise their prices and they can make the same amount that they did before after adjusting for the minimum wage induced inflation. Beyond that, companies start taking away perks, only give the minimum pay increase required, cut hours and cut job. Minimum wage increases also squeeze the people making more than minimum wage because they never get the full minimum wage increase, which would still be a pay cut because they make less than the percentage of minimum wage than they did before. For example, if minimum wage is $10 and it goes up to $11, that is a 10% increase. Someone making $15 an hour would be luck to get the $1 raise, but they would actually need a raise of $1.50 to keep their wages 50% above minimum wage.
@ShimmerBodyCream
@ShimmerBodyCream 4 месяца назад
.3% of companies create 1/3 of the jobs. There is an illusion of choice that you can just "get a job elsewhere," when these companies have monopolized the market and government influence.
@Zetact_
@Zetact_ 4 месяца назад
@@747fa I'd rather be making $5/hr than $0/hr.
@mickeydougal
@mickeydougal 3 месяца назад
Making the _LEAST_ amount in the country will _NEVER_ be a “living wage.” In fact, making the least amount, by definition, will always be poverty.
@TheSimba86
@TheSimba86 4 месяца назад
same thing happened when I went from $10 an hour to $11 an hour at walmart, they cut my hours and I wound up making less money than I did at $10
@willie1genesis714
@willie1genesis714 4 месяца назад
Feels like that's more in the realm of corporate class consolidation of revenue at the expense of the lower level employees and customer base then anything else... also known as inshitification.... remember when poor people had money in the pandemic the economy boomed and fast food rose the fastest because it was allowed to stay open....
@747fa
@747fa 4 месяца назад
Yep, that's the type of "blackmail" these companies will stoop to to achieve even higher profits at the expense of the workers. If companies like Walmart had their way they'd charge you and me for the privilege of working for them.
@djm5687
@djm5687 4 месяца назад
Perhaps you should have gotten a second job.
@djm5687
@djm5687 4 месяца назад
​@@willie1genesis714The economy didn't "boom" during the pandemic - there was a recession.
@djm5687
@djm5687 4 месяца назад
​@@747faThey're *employees,* not "workers". How much of a profit should companies be "allowed" to make, in your opinion? Finally, competition (other businesses) helps employees. Employees *are always free to seek other higher paying jobs.* A free market makes minimum wage laws unnecessary. Look at Sweden, Norway, etc.
@slickstrings
@slickstrings 3 месяца назад
that union woman is a mental case.
@juliancharbonneauadventures
@juliancharbonneauadventures 3 месяца назад
They always are 😅
@cp1cupcake
@cp1cupcake 4 месяца назад
The reason Newsom wanted this was because, unless they changed it last minute, there was a provision exempting the ones owned by his friends.
@OmeedNOuhadi
@OmeedNOuhadi 4 месяца назад
I thought he owned or backed a few himself? No one cares when you state this fact sadly.
@matthewchown530
@matthewchown530 4 месяца назад
Panerera of course. His good buddy...Jose Alberto Dueñas
@OmeedNOuhadi
@OmeedNOuhadi 4 месяца назад
@@matthewchown530 More! More examples please.
@hilda-k4x
@hilda-k4x 4 месяца назад
@@OmeedNOuhadi There were more and I forgot!! Panera absolutely!!
@AdullFiddler-ez7tm
@AdullFiddler-ez7tm 4 месяца назад
@@matthewchown530 Such corruption. Disgusting piece of excrement, Newsome.
@sarawilliam696
@sarawilliam696 3 месяца назад
The 1% of rich Americans think of how to invest their money to increase their wealth during the recession. While the 99% of struggling hard-luck Americans think of how to survive without food and daily necessities in the recession and the coming hyperinflation. I am just about to make my first index fund purchase via vanguard. I intend to invest long term. just getting slightly stuck on how I balance my percentage portfolio between equity vs bonds. Low risk is good for me. Any tips
@Justinmeyer1000
@Justinmeyer1000 3 месяца назад
You are absolutely right ,firstly I believe money in the bank is not money because it is bond to inflation and losses values overtime, You have to be well disciplined to achieve success and save before you spend Lastly success does not happen overnight it takes time, dedication and self discipline
@KaurKhangura
@KaurKhangura 3 месяца назад
money is a liability, not an asset. You have to exchange it for assets that represent real VALUE. Real estate - properties for rent. Stocks (dividends). Bonds (interest), funds, REITs (interest), intellectual property, The aid of an institutional or basic financial advisor's cannot be over expressed. I started saving and investing in 1989 at the age of 20... I am 54 today and have 2.2 million in my retirement account, 135k liquid and I trade securities with 50-55k
@PatrickFitzgerald-cx6io
@PatrickFitzgerald-cx6io 3 месяца назад
I'm bombarded with the don't sit on it during the inflation, I wanted to jump in 8/22 and did nothing. So far this year I think I need to get my feet wet but I stopped listening and taking financial advise from RU-vidrs, because at the end of the day, I end up with a bunch of confusing stories. Have you always had guidance?
@KaurKhangura
@KaurKhangura 3 месяца назад
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
@PatrickFitzgerald-cx6io
@PatrickFitzgerald-cx6io 3 месяца назад
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
@MoneyandLifeTV
@MoneyandLifeTV 4 месяца назад
I’ve been saying this for at least 5 years. The minimum wage hike was to accelerate robotics. Not to pay people more. It is hard for people to comprehend this. But once you realize the government’s job is to make you poor then it is easy to understand
@747fa
@747fa 4 месяца назад
Have you seen "robots" cleaning dirty, filthy toilets properly? Have you seen robots making beds? These tasks will prove MOST interesting seeing as how your robots are going to move in and take jobs so soon.
@rucker69
@rucker69 4 месяца назад
@@747fa The absolute hubris of your "points" is astounding.
@jonathanjones3126
@jonathanjones3126 4 месяца назад
​@@747farobots can be easily designed to do such jobs it always depends on cost
@corrigan88101
@corrigan88101 4 месяца назад
Poor people are easy to control.
@djm5687
@djm5687 4 месяца назад
​@@747faHome Depot already sells self cleaning toilets. I suggest that you look it up.
@joshchristensen5346
@joshchristensen5346 4 месяца назад
Stossel gives these politicians too much credit. They know exactly what the consequences of these policies will be.
@juzeus9
@juzeus9 4 месяца назад
it amazes me how people project ignorance and stupidity onto millionaires who harm the country. newsom net worth $20 million.
@sergiodelvecchio1294
@sergiodelvecchio1294 3 месяца назад
You said exactly what I was going to say. Politicians making these policies know what the outcome will be. It's done on purpose. I get angry at how willingly ignorant people are becoming to the point they're easily swayed and manipulated to the point they cheer on their own demise. Lemmings.
@jamesellis701
@jamesellis701 3 месяца назад
Yep, all the chaos of today is all planned
@vitoburrito7050
@vitoburrito7050 3 месяца назад
Stossel still has residual brain damage from Dave Schultz.
@smb7647
@smb7647 3 месяца назад
Democrats have been dismantling the workforce for years
@chrish7
@chrish7 3 месяца назад
"We did this!" Meanwhile she's somehow completely clueless to the fact, that 20.00 an hour hasn't been a livable wage in California for 10 years now. 😂
@AJ-ib4oy
@AJ-ib4oy 3 месяца назад
So…that means raising the minimum wage was needed.
@mr.joshua204
@mr.joshua204 3 месяца назад
​@@AJ-ib4oy ....no, when you raise miminum wage, you put everyone deeper into a hole. And you, if anything, hurt people more. If you want more money, go earn it. Be a productive member to yourself, and learn, pay if you have to, to get yourself the proper training that you need.
@seandidsomething
@seandidsomething 3 месяца назад
​@AJ-ib4oy I'd ask if you even watched the video, but your name clearly shows you're a bot 😂
@kinosyk
@kinosyk 3 месяца назад
@@mr.joshua204what you are saying is fast food workers don’t deserve more because they are not productive enough? Lol
@LordVader407
@LordVader407 3 месяца назад
No he's saying fast food work or restaurant work is entry-level work. Those jobs are for high schoolers. ​@@kinosyk
@FredSmith-s5t
@FredSmith-s5t 3 месяца назад
The fast food jobs these people are working were not intended to a career.
@covercalls88
@covercalls88 2 месяца назад
Unfortunately many do. Too many were sold the idea that minimum wage was intended as a living wage. Sadly they are now out of a job.
@Saberwolves84
@Saberwolves84 2 месяца назад
If that is so why are these businesses are open during school hours and late at night?
@WSKRBSCT
@WSKRBSCT 4 месяца назад
Politicians screw up everything they touch. Most are lawyers and they can't even do that, thus, they go into government. They know nothing about business, insurance, guns, you name it.
@Michael-pi8ps
@Michael-pi8ps 4 месяца назад
They absolutely know about those things but the lobbyist control them
@stinao4954
@stinao4954 4 месяца назад
That is why we need less Government in our lives. The constitution was created to protect us from the Government, its why they are trying to whittle away at it.
@LynyrdSkynyrd.4Ever
@LynyrdSkynyrd.4Ever 4 месяца назад
nowadays it's probably because they're DEI lawyers...
@ashgirl31
@ashgirl31 4 месяца назад
I love how they think their position gives them immeasurable knowledge about EVERYTHING! I'm tired of them playing doctor and telling actual doctors what medications can be prescribed, in what amounts and to whom. (Basically only they truly get what they need while the rest of us just have to hope we can)
@AdullFiddler-ez7tm
@AdullFiddler-ez7tm 4 месяца назад
They tell us to trust the science as they never took a science class in their lives.
@marklechman2225
@marklechman2225 4 месяца назад
“What’s the point of a raise if you don’t have a job anymore?” Why isn’t the mainstream media asking the governor and the unions this question?
@kanenomoja
@kanenomoja 4 месяца назад
They aren’t asking because legacy media support and push the Far Left’s agenda. Gruesome Newsom is their guy.
@sirlinkthefourth6755
@sirlinkthefourth6755 4 месяца назад
because only 1.8% of California fast food workers lost their jobs while 2.7% of the Californian civilian labour force just got a rise or in other words over half a million people got a rise while 10k lost their jobs primarily the young. also you are watching the mainstream media hes an ex fox news reporter known for things like claiming there being no proof second hand smoke is harmful and distorting facts to suit is views, suing fact checkers for fact checking his claims and getting the case dismissed.
@uncaboat2399
@uncaboat2399 4 месяца назад
@@sirlinkthefourth6755 Where are you getting these statistics from? The article I read says that about 500,000 fast food workers are keeping their jobs, so 10,000 jobs lost would be closer to 17%.
@scottp2462
@scottp2462 4 месяца назад
⁠@@sirlinkthefourth6755So 1.8% of fast food workers lost their jobs but 2.7% of all the civilian labor force got a pay raise? How about sticking to one specific demographic. You can’t compare apples to oranges no matter how much you try to extrapolate the data. As for Stossel working for Fox means nothing. A good reporter or journalist should be unbiased and able to work effectively for ABC, CBS, Fox, CNN, etc. the second hand smoke trope was back in the 80’s. Maybe we have learned a little bit more medically since that time and forty years from now we will have a clearer picture of mandatory wages in our present time. There is no consolation prize for losing a job due to political policy.
@MbisonBalrog
@MbisonBalrog 4 месяца назад
What is point of working if you wages constantly devalued cuz money supply keeps increasing with every loan, all credit card, QE, Zirp or whatever financial gimmick they come up with?
@tatsuyashiba5911
@tatsuyashiba5911 3 месяца назад
Remember her words, "We did this." Those words will cost thousands, maybe millions of people, their jobs, and they will continue raising those prices not caring about the repurcussions.
@BubbaGanuche
@BubbaGanuche 3 месяца назад
I just would love to see the look on her face when she gets replaced buy AI
@shortsign
@shortsign 3 месяца назад
That's the problem she has never thought about other people she's only thinking about herself. Selfishness and self-centeredness is part of the reason this country is getting destroyed.
@kimobrien.
@kimobrien. 3 месяца назад
@@shortsign The bosses control all the factors of production except for union labor. They control the government, the banks, the money printing and the prices of housing, electricity, food and water. Naturally its stacked against us.
@Lord_Volkner
@Lord_Volkner 3 месяца назад
They do care about the repercussions. The "repercussions" are the intended effect.
@kimobrien.
@kimobrien. 3 месяца назад
@@Lord_Volkner Its just a ploy to get votes for Democrats as they pretend to be friends of labor.
@albertomartinez3469
@albertomartinez3469 3 месяца назад
Freaking sheep... My buddy has a restaurant he went from 12 people in the kitchen... and now he only has 6. Half of them are gone.😢
@bamboozledgreatcrowd8982
@bamboozledgreatcrowd8982 4 месяца назад
When retired people needed to go back to work that was the end of young people jobs.
@ChickenMcThiccken
@ChickenMcThiccken 4 месяца назад
when retired worker is gone and young people refuse to work. what happens next? look at whats happening in china with the unemployment and the youth refusal to work entirely. yeah; good economy. pfft. yeah right. china is beyond help now.
@littlestinker9716
@littlestinker9716 4 месяца назад
My local supermarket used to employ a lot of teenagers. Now, almost every employee is 40+. Similar situation at my local Walmart.
@johnjay6370
@johnjay6370 4 месяца назад
Retired people will go to work, not call in sick, and do a good job!!! Young people will play on their phones and say "Not my job" when told to do something...
@bebdaumon3948
@bebdaumon3948 4 месяца назад
@@johnjay6370 not true.... LMAO!! retired people cannot move as fast... back in their days..while working they only had to work a single job. They never had to work 5 to 8 jobs in a single job and get only one small pay that they cannot afford to pay rent on.
@synthiamcbride7194
@synthiamcbride7194 4 месяца назад
​@@bebdaumon3948hahaha, you really believe that retired people never had to multi-task at their jobs? Really? Can your understanding of the past really be that limited?
@michaelnyden8056
@michaelnyden8056 4 месяца назад
The middle class is the biggest loser in all of this which I think is the point. The lower class get bumps to make up for the price increases, the rich get the spoils from the price increases, the middle class in the middle fork over the cost of price increases but then are told sorry we had to pay our minimum workers more so no cost of living raise this year.
@bixbysnyder-00
@bixbysnyder-00 4 месяца назад
I assume you work at a private company? How would paying minimum wage workers more impact the profits of private business?
@Slick1020
@Slick1020 4 месяца назад
That's not how economics works. You obviously didn't pay attention to the video. When you increase minimum wage, you devalue those employees and middle class spending power. Because prices will be increased. However, fast food employees hours will be cut because guess what? The middle class will just eat out LESS. Which will hurt demand for fast food and the franchise owners bottom line. Making that minimum wage bump, not helpful at all. If everyone stops eating out, which is happening. Fast food will have to lower prices and continue to CUT people hours.
@blacksabbathmatters
@blacksabbathmatters 4 месяца назад
Work under the table and collect state benefits.
@blacksabbathmatters
@blacksabbathmatters 4 месяца назад
​@@bixbysnyder-00You dont think private businesses employ minimum wage workers?
@blacksabbathmatters
@blacksabbathmatters 4 месяца назад
​@@Slick1020It wouldnt result in cut hours at all, because the business still needs to operate at those hours. What it will do is result in cutting staff and a crappier end product.
@LWRC
@LWRC 4 месяца назад
Can someone go back and interview homegirl who said 'we did this!' How does she feel now when she lost her job when the restaurant went out of business??!!! The stupidity is out of this world!!!
@toddmichael4271
@toddmichael4271 4 месяца назад
Guarantee she won’t take responsibility for it now.
@deanakers7394
@deanakers7394 4 месяца назад
She only takes ownership if it makes her look good. Now that the situation turned out bad, she won't take ownership of it. Typical female behavior
@scottarthurs6299
@scottarthurs6299 4 месяца назад
I think so too.
@LynyrdSkynyrd.4Ever
@LynyrdSkynyrd.4Ever 4 месяца назад
... firing her, if it could even be done, would clearly be an act of racism because of her immense value to the employer...
@xomox5316
@xomox5316 4 месяца назад
they have no shame, she is evil and will just blame businesses for being greedy say it was a small business with only one store wont matter.
@eddiet.campbell
@eddiet.campbell 3 месяца назад
*Looking for ways to earn money daily is sometimes frustrating and is a pain in the ass, I couldn’t really keep it up, it’s exhausting 😔 job hunting is something that drains your physical and mental wellbeing, hoping to get response from people who got themselves employees already but still keeping your hopes high*
@debra.lucas-jr1uh
@debra.lucas-jr1uh 3 месяца назад
Thinking of how difficult it is to get a job, I think it’s time people start investing and earning their own money, the heartache from job hunt is quite unbearable, I for one would prefer investment than getting myself worked up on seeking a job
@kemberlyw.patterson
@kemberlyw.patterson 3 месяца назад
My primary issue right now is how to increase revenue during these tough times. I can't afford to see my savings disappear into thin air.
@graceagb
@graceagb 3 месяца назад
to be a successful in life required not only hard work but awareness and sometime opportunity at the moment, investment remains the best way to start.
@natashanile907
@natashanile907 3 месяца назад
I agree with you. Investment is the key to sustaining your financial longevity. And not just any investment but an investment with guaranteed return.
@idowunoah
@idowunoah 3 месяца назад
Exactly and many of us don't know where to invest our money so we invest it on wrong place and to the wrong people
@DonnieCaves
@DonnieCaves 4 месяца назад
California also spent $750 million to build 1200 tiny homes for the homeless a year ago. No houses have been built yet. In Texas, tiny homes only cost $60 million to build the same 1200 homes.
@MrEli768
@MrEli768 4 месяца назад
But have those tiny homes in texas been built?
@xomox5316
@xomox5316 4 месяца назад
California is Ukraine level corrupt
@FestusParker-sm9gg
@FestusParker-sm9gg 4 месяца назад
I wouldn't be shocked to hear that California one day has no idea where that $750 mil. went. Meanwhile, Newsom the snake keeps dragging California further down the toilet.
@maxscott3349
@maxscott3349 4 месяца назад
Still way too much
@MbisonBalrog
@MbisonBalrog 4 месяца назад
Where does that money come from and where going? Why do people get paid so much for social services but little old fast food workers cannot?
@vazjc
@vazjc 4 месяца назад
It is people that have never held a job making the rules.
@starventure
@starventure 4 месяца назад
Kinda like ol' Karl Marx.
@gvv1mhh
@gvv1mhh 3 месяца назад
They want more taxes. When people make more money they pay more taxes. They need to feed their criminals and homeless people.
@Wileytiger-el6pu
@Wileytiger-el6pu 3 месяца назад
Or increase politicians’ salaries
@marc196050
@marc196050 3 месяца назад
It’s entry level jobs. Not meant to be living wages. These young people have no desire to excel in life. And they keep voting Democrat, which their policies give not hope for the future
@JasonBravo-b9k
@JasonBravo-b9k 3 месяца назад
I used to eat fast food a few times a week but now I consider it a luxury, very rarely will I buy fast food.
@galinageorgieva8554
@galinageorgieva8554 3 месяца назад
Garbage food is luxury, how ironic. Now your health might be thankful, though
@mr.joshua204
@mr.joshua204 3 месяца назад
....fast food isn't a luxury. It's literally food drugs. Do you know how much msg McDonald's outs into their food, it's an addictive chemical like drugs, that's why people keep coming back
@rishun13
@rishun13 3 месяца назад
@@mr.joshua204 he meant it's expensive for him now.
@doug1066
@doug1066 3 месяца назад
Fast food has always been a luxury.
@JohnSmith-tk7nt
@JohnSmith-tk7nt 3 месяца назад
​@mr.joshua204 Lol. I love when people can write one sentence and you can tell their IQ is below room temperature. No offense to you personally
@MountainMan.
@MountainMan. 4 месяца назад
Working at Long John Silvers wasn't meant to be a lifelong career. But now Yolanda gets 20/hour until a robot replaces her. Then it's on to welfare.
@bixbysnyder-00
@bixbysnyder-00 4 месяца назад
You want to talk welfare? Billionaires are the biggest recipients of government welfare. Tax cuts, tax breaks, and maybe even a new stadium or two built by taxpayers.
@jlawson26
@jlawson26 4 месяца назад
Mountain man you hit that right in the nose. Dam common sense
@classreductionist
@classreductionist 3 месяца назад
If your business can't pay people a living wage then that business is a failure.
@MrGchiasson
@MrGchiasson 3 месяца назад
These 'entry-level' jobs were never meant to support a family. They were supposed to be part time jobs for high school & college students. If you do the 'entry level' job for 20 years.. that's your fault. You're supposed to take on more responsibility and get promotions...more money.
@ZombieCorp999
@ZombieCorp999 3 месяца назад
​@bixbysnyder-00 Not billionaires, corporations. Just like bloated labor unions that use their weight to force politicians to give them what they want so to can bloated corporations. What's your solution?
@scottfergusson8411
@scottfergusson8411 3 месяца назад
We knew this was going to be a problem…. But we also knew no matter what we put you Californians through….. you will still vote democrat !
@WilliamMayhue
@WilliamMayhue 3 месяца назад
Remember that the IDEA of a larger minimum wage “FEELS” good to a liberal… FACTS don’t matter!!😂
@popsxgames
@popsxgames 3 месяца назад
“Those who vote decide nothing. Those who count the vote decide everything.” ― Joseph Stalin
@MicDropBBQ
@MicDropBBQ 3 месяца назад
State: "You get $20/hr...yay!!!!" Company: "...we're laying off all of these people because we can't afford $20/hr." LOL!
@KonaFocus
@KonaFocus 3 месяца назад
It still amazes me that the general public does not know anything about basic economics.
@kimobrien.
@kimobrien. 3 месяца назад
World capitalism became Imperialism capitalism's its highest stage with world war one. Now America the last Imperialist Empire is following all the European and Japanese Empires into decline.
@kimobrien.
@kimobrien. 3 месяца назад
They don't teach anything about it in schools because to do so would bring up the question of the origin of the profit.
@jackcarraway4707
@jackcarraway4707 3 месяца назад
Economics only applies to poor people.
@raincoast9010
@raincoast9010 4 месяца назад
I am no longer a customer of these "restaurants", better for my health.
@TheMichaelMove
@TheMichaelMove 4 месяца назад
Why not just make the minimum wage $100,000 a year? It has no effect on employer behavior right?
@HotsauceMcGee
@HotsauceMcGee 4 месяца назад
It's a "win win"!
@Username12665
@Username12665 4 месяца назад
Why stop at 100K. Just make it an even 1,000,000 while we’re at it.
@dalegg66
@dalegg66 4 месяца назад
There is actually a Senate candidate in California proposing just that
@carultch
@carultch 4 месяца назад
Counterpoint to your obvious strawman: why not just make it $0/hr, and let taxpayer funded welfare make up the shortfall in peoples' income?
@TheMichaelMove
@TheMichaelMove 4 месяца назад
@@carultchwell. You are half right.
@MrWhisper77
@MrWhisper77 3 месяца назад
Flipping burgers should NOT be getting $20 bucks an hour!! There’s people that work in the FIELDS and are Considered SPECIALIST in the job they do and only get $15 !! That’s just ridiculous!!
@juliemorgan4937
@juliemorgan4937 3 месяца назад
Fast food is for young people to get experience in the work force
@Dell4834
@Dell4834 3 месяца назад
​@@juliemorgan4937naw u got grown ass ppl flipping burgers...and if that's the case why pay young ppl 20 bucks if they just there to get experience in the work force
@ralphrugan5985
@ralphrugan5985 3 месяца назад
Unless their not white then it’s an adult lol. Because white people look down on working people.
@Osamabeenleanin210
@Osamabeenleanin210 3 месяца назад
Here in San Antonio I make $15 an hr as a patient care assistant at a hospital after 3 yrs and our cap is $17. Bill Miller's employees start at $12 just to cook bbq..In N Out start employees at $15 something up to $18😑 Took me 3 yrs in healthcare field to make what a fry cook and burger maker to start out with. There's no incentive to work hard anymore when you cam doa basic job and make more than a skilled one and that's the real problem. $20 an hr for a McDonald's working making the same as a Surgical technician or LVN here is fcuking crazy. Nurses fresh out of school start out around 21 to 23 an hr🥴 so its like what's easier, going to school for 4 yrs and getting into debt for your job or being a high school student or having a diploma and making the same. We see where this generations entitlement and low drive to do better comes from
@SweetLeavesXbox1
@SweetLeavesXbox1 3 месяца назад
The non existant Service at fast food restaurants is pure garbage. Economy is going to 💩
@projectcontractors
@projectcontractors 4 месяца назад
“It is usually futile to try to talk facts and analysis to people who are enjoying a sense of moral superiority in their ignorance.”~Thomas Sowell
@TheVagolfer
@TheVagolfer 4 месяца назад
Why do people who have never run a business make laws for people that run businesses?
@jimmyday9536
@jimmyday9536 4 месяца назад
Because people don't vote for successful business people, they vote for whomever tells them what they want to hear.
@MrZoomah
@MrZoomah 4 месяца назад
Same reason why people who have never been workers make laws for people who are workers. Do you really think any of the big tech company leaders, ie.. the most successful and predatory businesses in the world... should be a politician?
@pauljanssen7594
@pauljanssen7594 4 месяца назад
Mr newsome we thank you for $20 raise, now we're unemployed now we can get unemployment benefits and don't have to work because nobody's going to hire us.
@martinpope3835
@martinpope3835 3 месяца назад
the democrat's dream
@BarneFred
@BarneFred 3 месяца назад
Newsom doesn't know, and he doesn't care. It's all ego.
@SH-vj7uq
@SH-vj7uq 4 месяца назад
The average person cannot understand this concept. It’s infuriating.
@OldSaltyBear
@OldSaltyBear 4 месяца назад
When the UAW got big raises for all the US auto workers, my first thought was "big win for Mexican workers".
@PatBrooks-u6w
@PatBrooks-u6w 4 месяца назад
The average person is an idiot.
@darkcloud9053
@darkcloud9053 4 месяца назад
​@OldSaltyBear so bring back manufacturing as long as it's low paid?
@747fa
@747fa 4 месяца назад
Oh, those poor, poor companies. Got news for you, sonny. This is propaganda pure and simple and the simple minds fall for it.
@RealMTBAddict
@RealMTBAddict 4 месяца назад
Wrong. The average person has been lied to into thinking regular workers don't deserve a living wage.
@lominero5
@lominero5 4 месяца назад
Every time they give out subsidies, it just increases the total cost. Politicians very often ignore any logic when passing laws. Same as when they print money. They don't care or understand the consequences.
@millerforester6237
@millerforester6237 4 месяца назад
They hand out goodies to get re-elected.
@davidnicholson71
@davidnicholson71 3 месяца назад
Minimum wage is a scam!!!! Those companies don't take the loss!!! They passes to the customer!!!!!
@philhoward4744
@philhoward4744 4 месяца назад
They were so proud of the $20 an hour minimum. With no understanding of how it affects us. Senseless.
@TurnAGundam
@TurnAGundam 4 месяца назад
That's what happens when you're a brainwashed fool who relies on their utterly *worthless* feelings. It's also what happens when they're allowed to have a say in anything.
@andrewschliewe6392
@andrewschliewe6392 4 месяца назад
And now I hear they are calling for $30/hr.
@philhoward4744
@philhoward4744 4 месяца назад
@@andrewschliewe6392 Yeah, I think I've heard the end goal is $50 an hour. Its not sane.
@oceanbrown7159
@oceanbrown7159 4 месяца назад
​@philhoward4744 They are money hungry. All they see is dollar bills.
@emiliodaddio8517
@emiliodaddio8517 4 месяца назад
You’re wrong. They know exactly how this affects us. Thats why they’re doing it.
@nonyadamnbusiness9887
@nonyadamnbusiness9887 4 месяца назад
We are about a decade from fast food restaurants being turned into giant vending machines. Small businesses can't afford to automate away jobs and that is the real point, destroying small businesses that compete with international corporations. What we really need, other than a movement of common sense is a free enterprise movement in this country. The industrial age is over. It's automated away and the trope of getting an diploma or four and finding a job needs to die with the millennials. Selling yourself into wage slavery is not for Gen Z. Stop looking for a job and start looking for work.
@leonidfro8302
@leonidfro8302 4 месяца назад
>> Small businesses can't afford to automate That is nonsense. Just like every small business can use other machines, those aren't different. The fairy tale of "robots will replace us" is just that - a fairy tale. Meanwhile, even cheese in supermarket is sliced by human.
@mikeklinger1712
@mikeklinger1712 3 месяца назад
To quote Ronald Regan "the scariest 9 words are "I'm from the government and I'm here to help"!
@treasonouspigeonpeckers957
@treasonouspigeonpeckers957 3 месяца назад
11 words
@guineapiglady2841
@guineapiglady2841 3 месяца назад
Regan ruined the asylums'.
@mikeklinger1712
@mikeklinger1712 3 месяца назад
@@guineapiglady2841 how? Did he start sending radical Democrats?
@guineapiglady2841
@guineapiglady2841 3 месяца назад
@@mikeklinger1712 Am I wrong? The asylums are closed.
@badbaddolemike
@badbaddolemike 3 месяца назад
​@@mikeklinger1712 LOL!!! How are you gonna quote the AS*HOLE THAT RUINED OUR COUNTRY? Come on Mike, do better!
@BurakkuHishou
@BurakkuHishou 3 месяца назад
I remember when the minimum wage increased at my job. There was another effect that happened too: When the minimum wage increase happened, it did raise everyones wage up to that new standard. However, that also meant that a person who was just hired is now earning the same amount as someone who was there for 5 years. They did not keep their raises they earned over time, their senority raises, etc. There was basically no point in working there for a length of time because your earning the same amount as someone who just started
@SY-jq4yw
@SY-jq4yw 4 месяца назад
Foolish policy, every price goes up, and fewer jobs available.
@RiverRev
@RiverRev 4 месяца назад
I have a friend in robotics. He told me their break-even wage is $15.03. At that point, a robot can do the work cheaper.
@747fa
@747fa 4 месяца назад
😂😂. Let me see "robots" that can clean dirty filthy toilets properly, make beds and repair my car all without ANY help from humans.
@Omenowl
@Omenowl 4 месяца назад
@@747fayes they lay-off everyone except the toilet cleaner, manager and assistant manager. So you go from 5-7 employees to 3. And now the owner makes more money per store while reducing total overhead by cutting jobs.
@djm5687
@djm5687 4 месяца назад
​@@747faWhy do you assume that cleaning toilets, making beds, and repairing cars are the *_only_* jobs out there? Remember that this video pointed out that California's $20/hr law applies only to "fast food" (Panera Bread was exempt). By the way, self-cleaning toilets exist. There *are* robotic bed makers out there. Also, cars are more computerized than ever, making mechanics less necessary.
@macethorns1168
@macethorns1168 4 месяца назад
@@747fa Washing toilets and making beds is **completely** unskilled labor. You're silly to think robots can't do those jobs.
@01Z06guy
@01Z06guy 4 месяца назад
@@djm5687 More computers in cars makes mechanics LESS necessary? LOL Hilarious!
@ESPLTD322
@ESPLTD322 3 месяца назад
It’s not unintended consequences. Newsom knows exactly what he’s doing
@serdneb
@serdneb 3 месяца назад
Came here to say the same thing!! “The poor get poorer!”
@michaelferri6790
@michaelferri6790 3 месяца назад
They know exactly what they’re doing they’re trying to creep massive unemployment which results in dependency that’s what the Democrats are all about the marxists Democrats are marks it’s only one in control independency feet they look like they’re trying to help you but you’re not
@AutumnLuvsJesus
@AutumnLuvsJesus 3 месяца назад
Right? Hello federal dollars to support ask the poor people here. He’s loving it.
@willardjohnson3832
@willardjohnson3832 3 месяца назад
IMO, politicians know EXACTLY what they are doing. They just don't care. Pandering for votes to get elected or re-elected.
@chrisbarnhart4075
@chrisbarnhart4075 3 месяца назад
Pay more taxes too so no good
@aaronh1232
@aaronh1232 3 месяца назад
Politicians have no idea how a small business runs - the best quote of the video. People need to learn and not vote for the stupid ideas
@ItsGroundhogDay
@ItsGroundhogDay 4 месяца назад
Don't assume the negative consequences are unintended.
@annoyedchef7124
@annoyedchef7124 4 месяца назад
What did you mean?
@mastergibs
@mastergibs 4 месяца назад
No one ever thinks of the person making $21.00/hour, who spent the last 10 years achieving it, year by year, with dollar an hour raises. What about those ppl, who thought they had 'worked their way up!' only to find now that they are considered minimum wage workers again.
@Bonovasitch
@Bonovasitch 4 месяца назад
This is how the middle class gets screwed over while the rich get richer and the poor get to delude themselves into thinking they're as important as the rich.
@TheJeep1967
@TheJeep1967 4 месяца назад
Wage inflation is the result. To keep the hard-working, experienced employee who worked their way up, the employer will have to raise that employee's wages proportionate to the minimum wage increase. Minimum wage mandates really screw over employers. Especially small businesses.
@TheJeep1967
@TheJeep1967 3 месяца назад
@@mastergibs That hasn't happened in the past because a wage increase of this magnitude has never happened before. Suddenly the newbie, fast food worker is making nearly as much as the starting managers make. It will likely affect people outside of the fast food industry because there are many jobs that require more skill, experience, harder physical labor, or specialized training that don't pay $20/hour.
@sheritittle12-fx9wn
@sheritittle12-fx9wn 3 месяца назад
Sadly, their value decreased
@cameronbrennemanoutdoors
@cameronbrennemanoutdoors 4 месяца назад
So if someone is making 30 an hour and minimum is 7.25 but minimum is raised to 15 then it will totally undermine the 30 an hour worker which is another major aspect of this life destroying minimum wage
@titooregano7416
@titooregano7416 4 месяца назад
Yeah, the people calling for $50 minimum wage don’t even realize that’s what some medical professionals and engineers make.
@DangerB0ne
@DangerB0ne 4 месяца назад
It's called wage compression and it's awful. I remember when my state went to a $15/hr minimum wage from $10.65/hr and it trashed employee morale in lower paid industries. Why go through all the stress of manufacturing or administrative work if some burger flipper is getting about as much as you? I remember clawing my way out of $10.65/hr to my first job that paid $20/hr prior to the change and it pissed me off. I didn't get a commensurate raise yet their work is suddenly worth more. In the end the usual song and dance happened, marginal businesses shut down, prices went up, and suddenly the kids were unemployed. I know a minimum wage job isn't exactly livable, it isn't supposed to be.
@joeg5414
@joeg5414 4 месяца назад
All it does is turn more jobs into minimum wage jobs.
@emilythurman5040
@emilythurman5040 3 месяца назад
Still astounded that Newsom’s buddy was exempted from the law-he knew it would be disastrous 🤦‍♀️
@AC-re9ee
@AC-re9ee 4 месяца назад
Watching the sheep clap and cheer for that creature really puts things into perspective 😂😂
@dmacarthur5356
@dmacarthur5356 4 месяца назад
North Korean vibes
@nefariouspersephone9447
@nefariouspersephone9447 4 месяца назад
i visited CA last summer and i cant believe they have an ALUMINUM tax if you buy a canned drink. like wtf!? newsome has destroyed that state
@rybot5252
@rybot5252 4 месяца назад
California redemption value has been around since 1987 to promote recycling. Yes Newsome is terrible but this redemption plan has been around long before him
@jimmyday9536
@jimmyday9536 4 месяца назад
Many states have this, it is deposit on each bottle and can, and it is up to you to keep all your empties, and drive 30 miles to the redemption center, just to get your own money back.
@ifmbm332b
@ifmbm332b 4 месяца назад
Seems like a reasonable idea, but the problem with this policy is people don't want to just put their cans out for the recycling truck because they are worth too much to "give away". People go around at night and steal cans from the curb because its actually worth it. So everyone is forced to drive (as in waste gasoline and time) to bring them to recycling themselves. Do the math on 20 million cars in CA using 1 gallon of gas every month, 12 times a year, just to recycle their cans themselves. Now add in the fact that most of these facilities are really busy, and they have pretty limited hours, so you likely will have to wait in a small line or sometimes they are not open when they say they are (which seemed to happen alot) or they are just FULL and don't accept any more. So you have to come back again......
@mfblowfish4671
@mfblowfish4671 4 месяца назад
Michigan has had a 10 cent deposit on can ever since I was born 44 years ago. We can take ours can back to any supermarket and get the deposit back. If I had to drive 30 miles to a recycling center then that would be unreasonable. It doesn’t really help climate change either does it?
@denisegaylord382
@denisegaylord382 4 месяца назад
​​@@ifmbm332btrue. And in the end, it is the state that makes out like fat rats. NY did analysis of their 5 cent bottle deposit several years ago. The state was make several million dollars a year in the tax because people were not claiming their deposits back. Here in TN, we don't have that tax, and our recycling of aluminum is brisk. Why? Because the scrap yards pay you to bring it them. Many here recycle their aluminum because it pays well. We also have folks that will come collect any metal scrap that you have for free. You don't make any money on it, but they do, and it keeps stuff out of the landfill.
@michaeljoyce-q6s
@michaeljoyce-q6s 3 месяца назад
Back in the 1970's, Proctor and Gamble built an automation factory for making Pringle chips. The people in Jackson TN were mad. They wanted the factory jobs. The Pringle plant made more jobs, not less. It made higher paying jobs, engineering, electricians, welders, computer programmers, forklift drivers, etc. In the long run it was better for the community.
@brucey5585
@brucey5585 3 месяца назад
Wait until the state realize that they have less tax from people because of fewer jobs. Then they will increase the state tax.😂😂😂
@RockStar-ev9fv
@RockStar-ev9fv 3 месяца назад
Part of the plan.
@dormantmenace
@dormantmenace 3 месяца назад
likely They will just get federal subsidizing for it. That's the while point of raising minimum wage. They get more taxs out of employee and employer. They literally are just giving themselves a raise. So by thier math. The shear numbers makes up for the loss of jobs
@yosefmacgruber1920
@yosefmacgruber1920 3 месяца назад
Causing yet lower revenue, more job losses, more people fleeing a Democrat-ruined state. Circling the drain, yet Democrats are evil and either slow-to-learn, or more likely, it is their deliberate agenda. Sadists and Satanists, habitual liars.
@alpharenz1329
@alpharenz1329 3 месяца назад
They have to many EVs in California that they are not getting enough revenue from Gas Tax. So now they adding Mileage tax what a 💩 show!
@williammitchell8247
@williammitchell8247 3 месяца назад
They have already ruined their economy to the point where they are no longer in the black with the fed.
@joannecrupi2247
@joannecrupi2247 4 месяца назад
So they raise the minimum, and then you have people in thier jobs for 10 years, and people get hired off the street at the same wage as the 10 year person . Companies will not compensate 😮
@gryphenicedancer8796
@gryphenicedancer8796 4 месяца назад
Exactly, back in the 80s the minimum wage jumped 50 cents. I was a production lead at the fast food in a little town. All of a sudden the new kids got the same wage I was - after I had been there 4 years and had the door keys and safe combo. 😐
@davianoinglesias5030
@davianoinglesias5030 4 месяца назад
So the alternative is what? Pay everyone a wage that can't keep up with inflation?
@gryphenicedancer8796
@gryphenicedancer8796 4 месяца назад
@@davianoinglesias5030 I'm not sure what the solution is. To start, the shareholders of the. MegaCorporations need to take a hard look at the compensation package the C-suite gets. I have no problem with a CEO getting a million dollars worth of stock options, I do object to that CEO getting a million dollar salary while all the people that do the work get paid just above minimum wage. But that is not something the government should ever poke their noses into. Or maybe they should, instead of raising minimum wage - pass a law the no one who works in a company can make x amount over the minimum 🤔 Food for thought.
@Scoots1994
@Scoots1994 4 месяца назад
DC increased their minimum wage for wait staff jobs. Now they can't find people to do the jobs because food service is the most price sensitive and the restaurants knew that and they were encouraged to not change their menu prices ... so they didn't, but when the hourly went to 15 the restaurants added a 10 to 20 percent surcharge for "labor" to every bill which predictably destroyed tips. Waitstaff went from making effectively 22 an hour to getting the "new and better" 15 an hour. So they left, and went to Virginia where the minimum wage was lower and they could make more.
@noname-gp6hk
@noname-gp6hk 4 месяца назад
That's actually probably the smartest thing to do as a business owner in this environment. Stop hiding the labor costs and break it out as a separate item. Let people immediately see the increased labor costs instead of abstracting it away.
@Scoots1994
@Scoots1994 4 месяца назад
@@noname-gp6hk Sure, but it also directly results in your staff losing all of their tips and probably makes the restaurant still lose customers. It would probably be better if they put on their menu that because of the minimum wage change they had to post new prices on their menu rather than hitting customers with it on the check.
@wrongfullyaccused7139
@wrongfullyaccused7139 3 месяца назад
How quickly people forget that the minimum wage law is based in racism.
@elenabob4953
@elenabob4953 4 месяца назад
Unintended consequences, in Romania they have raised the minimum wage even if they have been warned that we don't have the capacity to absorb the displaced workers. As a result the textile industry was killed and all the seemstresses have been unemployed, as they didn't found other job in the country they have been forced to accept caretaker jobs in Italy, Spain, France and UK,the kids have been taken with them but they have had huge adjustments issues or they have been left with the grandparents and raised unruly. Unintended consequences: huge number of divorces and the new generation with big behavioural issues.
@Chilly_Billy
@Chilly_Billy 4 месяца назад
Prices didn't increase, Governor Newsom? I just read a report citing a survey that 78% of Americans now consider fast food a luxury.
@DangerB0ne
@DangerB0ne 4 месяца назад
It's cheaper and better to go to a casual restaurant compared to McDonalds. I know I'll be paying about $50 for two adults but the service is fine and the food isn't terrible. Still a once in a while treat, but it's a lot more enjoyable.
@markadler8968
@markadler8968 4 месяца назад
That is just "Rhetoric" I have heard before
@davianoinglesias5030
@davianoinglesias5030 4 месяца назад
Prices will increase with or without minimum wage raises, how do you think corporations are making record high profits. They are colluding while you think it's a perfect competition market
@erniejones5008
@erniejones5008 3 месяца назад
I don’t understand how a state can tell a business how much they have to pay understand the state minimum for all jobs, but not an individual industry. I remember watching documentary. I think it was several years ago how Walmart wanted to go into Chicago, but Chicago told them they had to pay a certain amount of wages decided to pass. Walmart decided the pass and built one outside of Chicago.
@bobromans4476
@bobromans4476 4 месяца назад
50 years ago my 1st. job wage was $1 an hour, pumping gas, before that I worked on farms, REAL hard work. Today, does anyone on the left really understand how BAD runaway inflation really is ? FJB.
@sirlinkthefourth6755
@sirlinkthefourth6755 4 месяца назад
that dollar would be worth 13 today and you worked a job a monkey could do and in 50 years until today the wage only went up 2 dollars an hour while the price of a home has gone up over 70%
@xomox5316
@xomox5316 4 месяца назад
yup my first job out of highschool in 2000 was $7 and some change, I was able to rent an apartment pay a car note all my food/utilities and attend trade school. No it was not easy but it was doable, and when I got a raise of .90 cent it really helped out. There are pizza places where im at playing $20 an hour, apparently that is no enough to do what I did 23 years ago on $7, runaway inflation makes sure poor and middle class stay that way or get worst.
@xomox5316
@xomox5316 4 месяца назад
@@sirlinkthefourth6755 in 2000 out of highschool I was making $7 and was able to rent an apartment pay a car note and attend trade school. Now people struggle in the same area with $20 an hour, anyway you cant really say what that $7 from 24 years ago is worth today based on official inflation as the math was changed many decades ago for inflation. Based on standard of living one can only guess I would guess it worth $25 with real buying power into account.
@TommyMac
@TommyMac 4 месяца назад
Sorry, pal, but blame for the rampant inflation rests squarely on DJT. Who insisted on huge tax cuts for corporations which resulted in stock buybacks that juiced the market? DJT. Who bullied the Fed into lowering interest rates at a time when they should have been raising them to cool the economy off? DJT. Who signed off on the COVID stimulus checks? DJT. Who botched the COVID response? DJT. So, I'm pretty sure you meant FDT.
@Redmanticore
@Redmanticore 4 месяца назад
100 years ago i bought three houses with my part-time summer job pressing elevator button as an elevator boy with no training. i was also the sole provider for my family of 5 with that part-time entry job. kids these days just don't understand hard work.
@raymondready7496
@raymondready7496 3 месяца назад
Government needs to stay out of business.
@Lord_Volkner
@Lord_Volkner 3 месяца назад
Government needs to stay out of most everything. Nothing makes the case for anarchy more effectively than government.
@kimobrien.
@kimobrien. 3 месяца назад
@@Lord_Volkner Bosses control government with the two parties.
@Lord_Volkner
@Lord_Volkner 3 месяца назад
@@kimobrien. It's the central bankers who control the government and the two parties ... and the big businesses, the educational system, the news media, the entertainment industry ... pretty much everything. When you can print money out of nothing, what do you? You buy everything ... and so they have.
@achong007
@achong007 4 месяца назад
You know what, all resturants should close effective immediately in California until they remove the mininum wage hikes. No food for Newson.
@davianoinglesias5030
@davianoinglesias5030 4 месяца назад
😅well, then they'll be replaced by new restaurants.
@tylerian4648
@tylerian4648 3 месяца назад
​@@davianoinglesias5030 Possible, but what restaurant would want to open up under the current conditions in California?
@michelleflamingos
@michelleflamingos 3 месяца назад
He exempted his buddys panara bread businesses from him this. WHAT A CRIMINAL!
@JeremiahLOsborne
@JeremiahLOsborne 4 месяца назад
Come on, man! They were warned about this, over and over. They knew this was going to happen. But they still played the idiot game. I have never taken an economics course and my only knowledge is through my experience, and I could have told you this was going to happen. Money and labor are not unlimited. There is a balance back and forth.
@saltytwofer
@saltytwofer 4 месяца назад
This was one of my wakeup calls about populist left economics. What good is the dream if it fails so often?
@moneymikz
@moneymikz 4 месяца назад
I just wanted the government to artificially inflate wages beyond what the market demands… I didn’t want the prices to go up 🤦‍♂️
@jaijaiwanted
@jaijaiwanted 4 месяца назад
I love how the words you used tell me that your being ironic
@moneymikz
@moneymikz 4 месяца назад
@@jaijaiwanted thx 😊
@ericesterline7451
@ericesterline7451 4 месяца назад
LOL😆
@Michael-pi8ps
@Michael-pi8ps 4 месяца назад
It’s not even what the market demands. There is no “market” anymore, rich corporations exist off government subsidies
@LynyrdSkynyrd.4Ever
@LynyrdSkynyrd.4Ever 4 месяца назад
@Michael-pi8ps if you're talking about non-profitable businesses such as the wind turbine business, I agree totally
@davep1103
@davep1103 3 месяца назад
She CERTAINLY said it right….. “ WE DID THIS ! “ She got 10’s of THOUSANDS of people LAID OFF ! And food prices SKY ROCKETED ! YUP ! You DID THAT ! 🤣
@gmancubsfan2024
@gmancubsfan2024 4 месяца назад
Ive said it many times. You can't legislate prosperity. If that was possible every government on the face of the planet would do it and everyone would be happy....
@starventure
@starventure 4 месяца назад
Unicorns farting out rainbows.
@jorgethegreat
@jorgethegreat 3 месяца назад
0:32 "We did this" really didn't age well. And it will go down in history as the dumbest things to say for the rest of her life.
@user-ox9pn4uh2k
@user-ox9pn4uh2k 4 месяца назад
My 16 year old employee making pizzas deserves a “living wage”? lol. Clueless!
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