Comments by "whyamimrpink78" (@whyamimrpink78) on "Fox News: Waiters Getting $15 An Hour Is A TRAGEDY" video.

  1. You are in the back and do not interact with customers.
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  2. Many servers earn more than $15/hr on tips. Also, the idea of tips is that the server has the ability to sell themselves for more money and not be dependent on the business.
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  3. TheUhhoh, I do tip as well. Working at a restaurant we had servers who earned $200 in an 8 hour shift on tips alone. That is $25/hr. They also earned $3.50/hr from the company. "The company should be paying them a fair wage," Define "fair wage". That is vague and subjective. In fact, with tips they will be earning a "fair wage", arguably.
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  4. "If the waiters are selling themselves to us, by that logic, I should have the option to deny their service and serve myself to save on the money." Sure, don't eat at a place like that. That is why you do not tip at a McDonalds. That is why some argue you should tip less at buffets as you get your own food, they only clear your plates.
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  5. ThhUhhoh, you also have to consider payroll taxes. Tips are not taxed as payroll but only as income. So that saves both the company and employer money.
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  6. Who is greedy? The employer who gave someone a job or the employee for demanding a higher wage with no justification?
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  7. More factors contribute to overall unemployment such as taxes and regulations.
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  8. One argument is that tips are not payroll and thus are not subjected to the payroll tax saving the employee money.
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  9. If you were to take the top 6 executives of Walmart and spread their money to the 525,000 lowest workers of Walmart those workers will earn an extra $147 a year. That's it. Stop complaining about CEO pay.
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  10. "Denmark has $20 an hour" Denmark has no min. wage.
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  11. "There is no official one, no. Unions make sure that workers are paid a living wage." Two things 1. "Living wage" is not a defined term as it is subjective 2. Unions are a part of the free market. So you support the free market?
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  12. "It is negotiated between unions and employers." Wages are, that does not address the fact that "living wage" is not a definitive term. "As Denmark is blatantly an example of, unions can be part of a mixed economy with strong regulations." Actually, allowing unions to negotiate without corrupting government is less regulations. One major reason the min. wage exist is because unions use it as a negotiating tool. That is an example of unions corrupting government. Denmark, in many ways, has a free market.
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  13. "Actually creates jobs because now the middle class can stimulate the economy by actually spending money. Which is how ah economy works. Supply & demand." Yep, supply and demand. Increase demand without increasing supply. Prices go up.
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  14. In many ways tipped employees earn more than $15/hr. with tips. Also, the min. wage does kill jobs.
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  15. "Where's your evidence that paying better kills jobs? I'd be happy to read it." It is simple economics, even Paul Krugman admits to it. When you raise the price of something demand for that item goes down. Think about it, if the price of gas were to go up to $10/gal will you be buying more or less gas?
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  16. ". That is not evidence. Wages are not gasoline" Based on economics they are. What is a wage? it is the price of labor, just like gas prices are a price on gas.
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  17. "If customers have more money from increased wages, they will spend more. " It isn't that easy. There are two flaws to that argument 1. If they had more money but production does not increase than prices go up. You cannot consume what you don't produce, period. 2. If they are spending their money that quickly then they are poor for a reason. "Simple common sense. " It isn't "common sense" as experts on both sides have argued this and still do. " Also, the price of of an item doesn't apply to workers" Yes it does. " They NEED the workers to efficiently and effectively get work done. " Not necessarily. They can cut staff and hours. For example, if a company is open 24 hours they can cut down to being open only from 6 AM to 10 PM. " They don't have a choice about how many workers they hire." Yes they do. Another example is if a McDonalds franchise owners has say 12 McDonalds. They can cut down to 9 if they want.
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  18. "That's funny because when I was young min wag was way higher than today when adjusted for inflation and the economy was booming." It isn't that simple. Not everything inflates. Some goods become more expensive, some become cheaper. For example, a brick cell phone cost $4000 if you adjust for inflation. Smart phones are basically free anymore and have more computing power than what put a man on the moon. Cars today are cheaper all around compared to the 70s. Comparing it to inflation is saying that everything inflates which is not true. Look at labor, the Blockbuster employee is worth $0 now, but according to you they should be still employed and paid more than the min. wage. Also, comparing the min. wage to the overall economy is flawed. The min. wage makes up a tiny portion of the economy. As Christina Romer said if the min. wage were to be raised to $9.50/hr and assuming that all of the money was given to the low wage workers and spent by them 100%, that will grow the economy by $20 million at most. That is 0.1% of GDP growth.
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  19. "tips are not wages" They are taxed as income, not as payroll. You have to factor that in as well.
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  20. Except very few do that.
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  21. According to BLS stats only around 5% of the nation has more than one job. Also, you have to consider that can mean something as simple as being a referee for a sport or seasonal jobs. So as a whole that is not much.
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  22. "well Forbes says 29% of the workers have a second job. 5% or 29% doesn’t matter. You shouldn’t need to work 2 or more jobs to make ends meet." Why? Where is that written? I work two jobs and I am fine with it as I am close to getting my PhD and earning more. Also, as I said, some jobs are seasonal and are there for extra money. When my sister, for example, worked at JC Penney during the holiday season she earned extra spending money. It wasn't necessary.
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  23. Min. wage jobs are temporary, part time, entry level jobs.
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  24. "you do realize prices have steadily increased while minimum wage hasn’t moved." Depends. Many items are cheaper now.
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  25. "the cost of living has never been more expensive than it is now. " Depends on how you look at it. Cars, for example, are much better and thus cheaper than in the past.
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  26. " Cars are better so therefore cheaper?" Yes. If I pay $10,000 for a car and it lasts 100,000 miles and I pay $10,000 for another car and it lasts me 150,000 miles, which car is cheaper? "No, cars are more affordable due to people being able to afford more due to increase in wages. " So people are earning enough? Gotcha.
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  27. " Therefore raising the minimum wage would very well increase economic activity." You just said people already have had their wages increase?
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  28. The "long term" is simply the market re-establishing itself. When you raise the min. wage it kills jobs for low skilled workers until the market stabilizes.
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  29. If you look at the Big Mac index you realize that taking complex economies with many moving parts and limiting it down to the min. wage and the price of the Big Mac is one of the dumbest things to ever do.
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  30. "Because the employers were keeping extra employees out of the goodness of their hearts" In a lot of ways yes. It allows for flexible scheduling and lightening the work load for many workers.
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  31. "Yeah but decades of studies show that’s not the case. And if it did it’s minimal at best." Studies show limited changes in unemployment. Why? Because as a whole the min. wage is a minute part of the overall economy. When factored for skill level low skilled individuals did lose jobs, like black teens for example.
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  32. "higher wages leads to more spending, higher demand, and thus more jobs." Not really. You have a situation where raising the min. wage is rewarding people for doing nothing. They are not producing more but now are earning more. Prices will go up because of that as where is the incentive to work?
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  33. "Have you actually seen graphs tracking productivity vs. wages in the US since the 1980s?" The BLS has, it is called "unit labor cost". I will post the link here later, but for the food service sector the price of labor is out pacing productivity. You are looking at overall productivity and comparing it to the min. wage. You cannot do that. Just because an engineer can produce more due to increased technology does not mean the McDonald cook can cook faster. Look up "Skilled Biased Technological Change"
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  34. Also, increased productivity means lower prices as well which is essentially a raise for everyone.
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  35. The min. wage in Australia is around $10/hr is you factor in PPP.
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  36. Randy Doak, in Denmark they have less McDonalds per capita.
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