Minimum Wage just went up to $11.50 in Washington State. The price of milk is $2.68 a Gallon.

[SuburbanFarmer]

The price of milk is determined by a few co-ops. Lots of stores actually sell it at a loss to get people in the door to buy other things. The argument against raising the minimum wage so high has more to do with it's impact on unemployment and under-employment.

If you want to look at it's impact on prices, then you might want to look at fast food restaurants. That would make more sense, since the price of the food is heavily impacted by the labor costs, whereas something like a grocery store is much more insulated due to the high volume purchases (and the complexity of pricing for that matter).

I don't know where you got this meme from, but it's hugely dishonest. You got manipulated by somebody.

Well, let's compare apples to apples then.

The price of Fuji Apples in Washington State is 1.28lb.

Or how about you name something, that is tied to the price of minimum wage, where we can see in the data that as minimum wage go up, it must go up. The price of something, anything.

It won't apply to fruit/vegetables/nuts. Those things are harvested by illegals for less than min wage.

You have to look at processed stuff, like butter/cheese/ho-hos/etc, because the factories for the most part have a much harder time hiding illegal labor.

It's a very complex question, and the supply chain is so long that no individual part will have an instant effect on the end price. But you can be certain that it will have an effect.

[nmoore63]

Prices go up. You have increased cost. Whether or not that will manifest itself directly in milk, is too narrow a challenge.

[jediuser598]

The price of milk is determined by a few co-ops. Lots of stores actually sell it at a loss to get people in the door to buy other things. The argument against raising the minimum wage so high has more to do with it's impact on unemployment and under-employment.

If you want to look at it's impact on prices, then you might want to look at fast food restaurants. That would make more sense, since the price of the food is heavily impacted by the labor costs, whereas something like a grocery store is much more insulated due to the high volume purchases (and the complexity of pricing for that matter).

I don't know where you got this meme from, but it's hugely dishonest. You got manipulated by somebody.

Just thought about this further, makes me laugh. "You're not smart enough to come up with that." I guess that's what you get as far as compliments go on MHF.

As towards why I came up with this metric, take a random slice of America and ask them what happens when minimum wage goes up, 90% of them will say "The price of everything will go up." My argument is simple. No, the price of everything won't necessarily go up, it's more complicated than that. But in the face of "The price of everything will go up" quoting the price of milk as compared to minimum tends to have the effect of defeating that argument.

It's making a simple, provable argument, like the law of identity. If I saw "A wheel is a wheel" well the people who say "Nothing is true" are thus refuted. Simple testable logic, my friend.

[nmoore63]

And yes, as a general rule, minimum wage kills jobs.

[Smitty-48]

My argument is simple. No, the price of everything won't necessarily go up, it's more complicated than that. But in the face of "The price of everything will go up" quoting the price of milk as compared to minimum tends to have the effect of defeating that argument.

They don't raise the prices, they cut back on the workers, they can't raise the prices, the customers will stop buying, raise prices and your sales will go down, can't cut costs, cause there is no margin, something's got to give, so you cut back on hiring and hours and go to as much automation as you can.

[Smitty-48]

The wage price spiral is more related to inflation, when inflation bites, that's when you get the 1970's style wage price spirals, but the lefties can get away with their fuckwittery right now, because inflation is negligible, if inflation comes back, that's when you see the lefties get tossed out on their ears and you get Ronald Reagan and Paul Volcker.

Who the lefties have been whining about ever since, but they really brought it on themselves, the fuckwittery of the late sixties to the late seventies, led to the Reagan and Gingrich revolutions, in a straight line.

Ultimately, once the lefties run themselves off a fiscal and economic cliff, there's no social programs for anybody, that's when the harsh medicine has to be applied to get the economy jump started again.

[Smitty-48]

The thing that is much more despicable about the lefties and their artificial wage boosting, is that they carp on and on about the bad bad corporations and how evil big business is and how they are on the side of the little guy, when in actual fact, these min wage spikes are entirely to the advantage of corporate big business at the expense of the little guy businesses who get crushed.

And that, ultimately, results in less jobs for everybody, because the corporations are exponentially more efficient.

[jediuser598]

The thing that is much more despicable about the lefties and their artificial wage boosting, is that they carp on and on about the bad bad corporations and how evil big business is and how they are on the side of the little guy, when in actual fact, these min wage spikes are entirely to the advantage of corporate big business at the expense of the little guy businesses who get crushed.

And that, ultimately, results in less jobs for everybody, because the corporations are exponentially more efficient.

What's your take on increased revenue, as a result of increased wages for a populace that spends at a near 1:1 rate?

[Smitty-48]

The thing that is much more despicable about the lefties and their artificial wage boosting, is that they carp on and on about the bad bad corporations and how evil big business is and how they are on the side of the little guy, when in actual fact, these min wage spikes are entirely to the advantage of corporate big business at the expense of the little guy businesses who get crushed.

And that, ultimately, results in less jobs for everybody, because the corporations are exponentially more efficient.

What's your take on increased revenue, as a result of increased wages for a populace that spends at a near 1:1 rate?

You have to push from the bottom if you want to do that, like, guaranteed minimum income, so it doesn't fall on the backs of the small businesses, if you try to pull from the top, the little guy businesses get crushed and corporate big business blocks out the sky, and because they are so efficient, they can jettison workers to make up for the wage increases, so you end up with less work not more, which is poorer workers not richer.

On paper they are paid more, but in reality they work less, so the money actually just flows from Main Street to Wall Street in the end.

[jediuser598]

The thing that is much more despicable about the lefties and their artificial wage boosting, is that they carp on and on about the bad bad corporations and how evil big business is and how they are on the side of the little guy, when in actual fact, these min wage spikes are entirely to the advantage of corporate big business at the expense of the little guy businesses who get crushed.

And that, ultimately, results in less jobs for everybody, because the corporations are exponentially more efficient.

What's your take on increased revenue, as a result of increased wages for a populace that spends at a near 1:1 rate?

You have to push from the bottom if you want to do that, like, guaranteed minimum income, so it doesn't fall on the backs of the small businesses, if you try to pull from the top, the little guy businesses get crushed and corporate big business blocks out the sky, and because they are so efficient, they can jettison workers to make up for the wage increases, so you end up with less work not more, which is poorer workers not richer.

I get a whiff of Seattle attempting to privilege small businesses. They passed a tax on soda distributers, but if your company makes less than 2 million annually, you're exempt. You might be right about small businesses of a certain size, but think about that food cart truck with only one worker, the owner. Their increased revenue. I bet that guy or gal is loving it. So, how to protect the middle class of businesses?

Simple testable questions. Do minimum wage increases result in increased revenue for businesses? Guess that's not a simple question at all.