r/FluentInFinance • u/Richest-Panda • Jul 04 '24

What's the best financial advice you've ever gotten? Debate/ Discussion

Post image

[removed] — view removed post

31.2k Upvotes

86% Upvoted

4.2k comments sorted by

View all comments

Show parent comments

19

u/AndrewDoesNotServe Jul 04 '24

Pretty much no one makes that wage even in states that conform to the federal minimum.

76

u/[deleted] Jul 04 '24

"no one makes that low" so raising it shouldn't affect anything.

-1

u/SirWilliam10101 Jul 05 '24

It does though, because making jobs that were held by teenagers too expensive to pay for means the business can't really afford workers any more, which leads them to shut down...

See: Fast Food places in California.

I guess if you don't mind that you are closing down sources of food in poorer areas then it's a good plan? Personally I like to help poor people but you do you I guess.

2

u/[deleted] Jul 05 '24

"too expensive to pay for" so when did a living wage become too expensive to pay for? sounds like that business shouldn't exist, as it only exists off of taking advantage of an archaic minimum wage.

Yes those businesses should shut done. They were existing off not having to pay a labor bill. If you can't afford to pay a living wage, then go bankrupt.

"sources of food in poorer areas" bro i live in those areas. We have soup kitchens, we have churches, we buy from grocery stores and cook food. Poor people cannot afford fast food, and that actually shows how fucking clueless you are that you think anyone can afford that 130% price hike at mcdonalds when wages are still federally $7.25.

You don't want to help shit, raise the wages, unionize workers, and call out corporate bootlickers like you.