Entire IHOP quit in the middle of their shift

Sword of the Lord

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I can't link to it because of the language in the video, but if you Google "IHOP employees quit" you'll get the results. They join a growing number of people leaving businesses abandoned due to low wages and being over worked. I truly hope with all my heart and soul that more walkouts continue, and on a larger scale. When we, the people, refuse to work for the old guys driving expensive cars, living in multi million dollar homes, going on exotic vacations, and cripple them, then things will change. Cripple the corporate thugs claiming they can't pay living wages while living in luxury.
 

HTacianas

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I can't link to it because of the language in the video, but if you Google "IHOP employees quit" you'll get the results. They join a growing number of people leaving businesses abandoned due to low wages and being over worked. I truly hope with all my heart and soul that more walkouts continue, and on a larger scale. When we, the people, refuse to work for the old guys driving expensive cars, living in multi million dollar homes, going on exotic vacations, and cripple them, then things will change. Cripple the corporate thugs claiming they can't pay living wages while living in luxury.

Maybe "we, the people" should leave bigger tips for people in the service industry. That would go a lot further.
 
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Sword of the Lord

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Maybe "we, the people" should leave bigger tips for people in the service industry. That would go a lot further.
Or maybe the rich thugs refusing to pay a living wage, opting to force the customers to pay wages, can pay the wages to their employees instead. Tip culture is a uniquely American cancer.
 
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Occams Barber

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I can't link to it because of the language in the video, but if you Google "IHOP employees quit" you'll get the results. They join a growing number of people leaving businesses abandoned due to low wages and being over worked. I truly hope with all my heart and soul that more walkouts continue, and on a larger scale. When we, the people, refuse to work for the old guys driving expensive cars, living in multi million dollar homes, going on exotic vacations, and cripple them, then things will change. Cripple the corporate thugs claiming they can't pay living wages while living in luxury.


I tend to agree with you but, from experience, you will find a strong body of CF opinion which rejects the idea of pay rise in the belief that it results in higher prices or reduced employment.

There seems to be particular objection to any increase in the farcical US federal minimum wage.

OB
 
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Sword of the Lord

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I tend to agree with you but, from experience, you will find a strong body of CF opinion which rejects the idea of pay rise in the belief that it results in higher prices or reduced employment.

There seems to be particular objection to any increase in the farcical US federal minimum wage.

OB
It revolves around them thinking America is the world, while ignoring what works across the first world globe.
 
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HTacianas

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Or maybe the rich thugs refusing to pay a living wage, opting to force the customers to pay wages, can pay the wages to their employees instead. Tip culture is a uniquely American cancer.

Simple math defeats the "rich thug" argument. It's a fallacy. Let's say a "rich thug" has ten million dollars. That's a lot of money. Let's say he has 1000 employees. If you take away his 10 million dollars and split it equally among his 1000 employees each one gets 10,000 dollars. And you can only do it once. So much for that.

To increase the employee's wages -by whatever amount you decide- the owner raises prices. People look at the increased prices and simply don't buy the product anymore. That's the way it works.
 
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Sword of the Lord

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Simple math defeats the "rich thug" argument. It's a fallacy. Let's say a "rich thug" has ten million dollars. That's a lot of money. Let's say he has 1000 employees. If you take away his 10 million dollars and split it equally among his 1000 employees each one gets 10,000 dollars. And you can only do it once. So much for that.

To increase the employee's wages -by whatever amount you decide- the owner raises prices. People look at the increased prices and simply don't buy the product anymore. That's the way it works.
Common sense says the more people make, the more they're willing to spend. Common sense also shows that Americans have always been willing to pay the price of whatever product, hence why the price keeps going up. Math also shows minimum wage would have to be almost $20/hr to be equal to what minimum wage meant 30 years ago; you know, when companies weren't going out of business, as they claim they will, for paying a decent wage.

And, you literally ignore the rest of the first world, thinking America is the world.
 
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Simple math defeats the "rich thug" argument. It's a fallacy. Let's say a "rich thug" has ten million dollars. That's a lot of money. Let's say he has 1000 employees. If you take away his 10 million dollars and split it equally among his 1000 employees each one gets 10,000 dollars. And you can only do it once. So much for that.

To increase the employee's wages -by whatever amount you decide- the owner raises prices. People look at the increased prices and simply don't buy the product anymore. That's the way it works.

stop it, you're making too much sense.
 
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Lifelong_sinner

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Making as much sense as Scotch tape to stop a water leak.
nah, he made perfect sense. the whole notion of a so called living wage is nothing more than a reaction to the loss of good paying jobs due to big govt. if you think all the jobs went to china simply because they are better workers, then you dont understand how big govt is using you to get more tax money. raise min wage, everyone pays more taxes. you're too trusting of govt.
 
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Ignatius the Kiwi

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Shouldn't the real goal economically be to reduce inflation and encourage people to save? To make do with the situation instead of a heavy handed top down solution that's probably not going to work in the long run? I'm not a fan of the CEOs, but part of the problem comes from the lower classes expecting to live a life they cannot and probably should not expect to have.
 
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Simple math defeats the "rich thug" argument. It's a fallacy. Let's say a "rich thug" has ten million dollars. That's a lot of money. Let's say he has 1000 employees. If you take away his 10 million dollars and split it equally among his 1000 employees each one gets 10,000 dollars. And you can only do it once. So much for that.

To increase the employee's wages -by whatever amount you decide- the owner raises prices. People look at the increased prices and simply don't buy the product anymore. That's the way it works.


Australia has the world's second highest minimum wage. The minimum is normally increased annually, as a matter of course, to keep it in line with inflation. Australian workers are ALL entitled to a minimum of 4 weeks annual leave, long service leave, 2 weeks annual sick leave, maternity/paternity leave, many paid public holidays. All Australians have access to nationally funded health care.

Australia is one of the richest countries in the world. Our poverty level is miles lower than the US.

What are we doing wrong?

OB
Real minimum wages (oecd.org)
Employees pay, leave and entitlements | business.gov.au
• Poverty rates in OECD countries 2019 | Statista
 
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Sword of the Lord

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Shouldn't the real goal economically be to reduce inflation and encourage people save? I'm not a fan of the CEOs, but part of the problem comes from the lower classes expecting to live a life they cannot and probably should not expect to have.
Lower classes should expect to own a vehicle, have a roof, and have food. Have you lived with minimum wage in the last 10~ years? I'm in my early 30s and had a child at 18 years old. I didn't have options really. I went to work right away in a factory making $11.60/hr in 2008. I could afford a car, gas, insurance, and food, but that's it. A house a real bills was out of the question, so I lived with (then soon to be) in laws. You literally cannot afford a car, car insurance, gas, health insurance, a home of some sort, bills, food, clothing, or any maintenance at all under about $15~/hr in this country without help almost anywhere.
 
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part of the problem comes from the lower classes expecting to live a life they cannot and probably should not expect to have.


Productivity has near doubled from the 1950s to the present. While the average working day has grown longer.

Increases in wages and wealth do not trickle down. While taxes are steadily hiked to destroy gains made in standard of living.

IrBKk5o.jpg


I've shared these statistics many times over the years. In 2 weeks no one remembers they saw it. Which makes it virtually *impossible* to do anything constructive on these topics.
 
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Sword of the Lord

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The average rent in America is $1,100 for one bedroom. Let's go with $12/hr here. At $12/hr you're making $1,920/month before taxes. After income taxes you're really at $1,700/month. You have $600 to pay for a car, car insurance, gas, car maintenance, food, bills, phone, internet, clothing, health insurance, and anything else. You're a joke and you deserve the wrath it god if you think this is fine.
 
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To increase the employee's wages -by whatever amount you decide- the owner raises prices.

Or accepts lower profit margins, or fires staff, or adds in workforce performance/bonus schemes, or finds cost to cut elsewhere. There's any number of other options than a simplistic higher wages = higher prices.

Suppose you're an employer in an industry where workers account for a third of costs. If workers get a 20% blanket increase in wages, your actual cost base only goes up by 6%.

People look at the increased prices and simply don't buy the product anymore. That's the way it works.

Depends on the product. If it's 100 substitutable, with zero differentiation, then possibly.

In the real world, not really - products have different price elasticities. Generally speaking, basic household goods have a price elasticity of ~0.3-0.7 - i.e. a 1% increase in price will only cut sales by 0.3-0.7%.

EDIT: To add some real world data.

Data from 10,000 McDonalds franchises showed a 10% increase in wages led to a 1.4% increase in overall prices, and did not lower overall employment - employers were offering higher wages to entice/retain staff.

Data from a US supermarket chain showed a 10% increase in wages led to a 0.36% increase in the average prices.


Lets not forget the impact of increased wages as well though - someone earning $25,000 a year is going to spend ~$24,000 a year. The same person earning $30,000 is going to spend ~$27,500 a year. That means there's more wealth and its more evenly distributed through the community.
 
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Lower classes should expect to own a vehicle, have a roof, and have food. Have you lived with minimum wage in the last 10~ years? I'm in my early 30s and had a child at 18 years old. I didn't have options really. I went to work right away in a factory making $11.60/hr in 2008. I could afford a car, gas, insurance, and food, but that's it. A house a real bills was out of the question, so I lived with (then soon to be) in laws. You literally cannot afford a car, car insurance, gas, health insurance, a home of some sort, bills, food, clothing, or any maintenance at all under about $15~/hr in this country without help almost anywhere.

Yes I have lived on minimum wage over the last ten years. Which I would say that averages to about $19.00 NZD an hour which is about $13.31 USD. So I'm not speaking as an elite, but as part of the lower class myself. I do consider that the income I've saved becomes worth less over time and while it's not much, it's at least something I would like to build up and know it's retained it's value.

Yet when you say we're to expect a house, are we? You had a child at 18, was that out of wedlock? Part of the problem at the moment is that it doesn't matter what the elites do in response to the economy. What matters more is what families do in response to the economy. Are kids still expected to leave home at 18 and be utterly independent? Or should we encourage families to stick together and build up wealth and savings as a unit?

We can complain about CEOs but why would they care or listen to us? A single IHOP ceasing to function won't hurt the CEO of IHOP, at least not for long.
 
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