I don't get it. Is he just being cheap until the government prices out his competition? Sounds like he can already afford to pay more
>>538437922It's very antisemitic of you to think that
"Roughly 1.1% to 1.5% of all hourly paid workers in the United States earn at or below the federal minimum wage of $7.25 per hour. This figure represents approximately 800,000 to 1.1 million individuals, according to data from the U.S. Bureau of Labor Statistics for 2023 and 2024."
virtue signallingit had no effect on himalso lol at the fact he needed it to pay his empoyees an actual wage
>>538437922How the hell do you guys need that much money. Granted I earn more than that but you need 20 an hour for a living wage?
>>538437922>Why is a billionaire advocating for a $20 minimum wage while paying his employees less?The reason billionaires support this is so they can crush their small business competitors. Billionaires can shoulder the financial cost of paying higher wages. Small ma and pa businesses cannot.If that billionaire really cared about his employees and wanted to pay them higher wages he could have done it already. He didn't need the government to compel him to do it. Its not about that. Its about crushing the smaller guys.
>>538438064Yep. Everything is expensive now and wages aren't keeping up with inflation
>>538438086I would imagine smaller businesses actually can afford it due to small businesses often being more efficient. Depending on the type of business of course, industry scales well, anything else doesn't really.
>>538437922Corporate vermin choose to pay everyone the minimum.The government forcing them to pay more with laws does not stop an immoral bad actor from acting immoral nor bad.It is dependent on the people to free themselves from bad actors.
>>538438111Fug, I had the same salary for 3 years now. Just trying to pay off my debt as fast as I can. But it sounds like US money is turning to Monopoly money quick.A while ago I earned under 80k USD, it's now over (just currency changes).And the crown is weak.Being a minimum wagie here is already shit, can't imagine living in the US
>>538438064Way more. Especially if you want a home. $30 an hour is a bare minimum and it varies depending on where you are, you might need $70 or more. Keep in mind this gets cut in half or worse by taxes.
>>538437922wages do need to increase in a pyramid-scheme economy with inflation baked into it, yes.id rather just not have this fake jewish economy nor fake jewish currency.
Hell, you need to have 20 hours a week just to collect food stamps.
>>538438212Only in Cali right, or do you include sales tax? I was looking at a 15k (SEK) raise and it is more than 50% tax for me now, feels pointless to chase salary bumps in Europe, I thought at least that was OK over there.
>>538438328https://livingwage.mit.edu/Here's a calculator for a living wages. Just pick a location.This DOES NOT include the cost of buying a home.
>>538437922>I was paying my employees peanuts and that was very embarrassing for me, the government should do something about that.
>>538438709He's still only paying two thirds of a living wage.
>>538437922the best way to raise incomes is to stop immigrationimmigration is and has always been about cheaper laborthe working class has always resented it, and the elite have always promoted it
Mark Cuban is one Jew among many who think the cure is to browbeat the goyim and talk them into eating rice from a lunchbox on their 10 minute break
>>538437922Because his accountants figured out that he will make more profit by lobbying the government to raise the minimum wage.If you raise costs of compliance, then small business will be wiped out. This leaves big business with a larger market share (more profit).
>>538438019Only 33% of the US population live in states which permit a wage as low as $7.25. So the actual number is 3.3-4.5% of employees making such a low minimum wage. If you find normalised data for minimum wage employees as regulated per state, then please share it.
>>538437922Because his small time competition can't afford to and raising the minimum wage would cause them to close. Why the fuck would he want to pay that while his competition still exists and doesn't
>>538438129They really can't. My dad had to close shop when minimum wage was raised here
$20 is too low. Should be $66/hour.
>>538437922socialized losses
>>538437922It makes no sense to voluntarily put yourself out of business vs competitors who won't be paying living wages. This is exactly why legislation is needed because good Samaritans can't change lowest common denominator.
How did Mark Cuban make his money?Answer: lying, cheating, grifting, schmoozing. The most important thing for Cuban is his "image", his public perception. He needs to be seen as the cool 'regular guy' who just happens to be a jewish billionaire.
>>538437922Because maybe he doesn't care about other billionaire's money and is thus happy to support the state forcing them to give it to workers. He'll need to give up his own money too but maybe he is fine if it means 50M americans are better off.In contrast if he acted alone, he'd only see 10k people better off
>>538438129hmm bigger businesses benefit from more economies of scale and more bigger footfallThis would hurt small hospitality businesses I think
>>538440036No dude, no. This is his PR manager putting out a story to boost his approval
>>538437922
>>538439867Living wage in Hawaii is $70, so that's not far fetched.
>>538440091something like this but replace the flip references by equivalent references from your country of origin.
>>538438064Muttmetica is very expensive and the only cheap goods are sodas and gas
>>538440079Mark Cuban's business involved investing in a telecom company during the dotcom bubble, then stealing it from the inventor who got pennies on the dollar, then selling it to Yahoo right before the crash. He was paid billions while his software was completely worthless and thrown in the scrap heap. Cuban's only skill in life is grifting and cheating, he's been doing that his whole life.
>>538437922The same reason why Sanders payed his activists the minimum wage, while advocating for a federal increase, they are a bunch of nigger loving faggots
>>538437922>mark cubanhow do you do fellow cubes
>>538437922Minimum wage just increases inflation. The way to create a "living wage" is supply side economics. Deregulation, lowering taxes, removing barriers to building houses. Leftists are mentally ill retards and people are fleeing their governance because price floors just make everyone poorer.
Every time leftists try to implement minimum wage laws, the new purchasing power enjoyed by those workers immediately just gets sucked up by rent because leftists hate building things. Leftists are idiots and assholes and they are the biggest cucks for landlords without ever realizing it. Peter Thiel has been talking about this for years before AIDS gave him demon brain. It's the housing theory of everything.
I've lived through 3 significant minimum wage increases and it doesn't work out for the better. When it goes up so does the cost of food, rent, utilities..etc. If you own a home it's only an annoying increase to your cost of living (hence the boomers don't care), but if you rent it's a nightmare. Middle class wages don't go up at the same rate so it just drags them down instead.
>>538439914Henry Ford did and it was so successful that his competitors took him to court to make him stop.
>>538439914What's needed is to up workers wages but also give them more responsibilities to compensate for it. Jobs with teenage levels of responsibilities should not pay living wages.
>>538441062Henry Ford was literally just paying market wages because he made his workers more productive. He wasn't paying them more out of the goodness of his heart. Increasing labor productivity is how you create wealth.
>>538439845Sounds like your dad needed to be better at business if the only a small increase in wages was enough of a loss to shut him down.
>>538441268And because, he reasoned, that his workers were just an another untapped market for his cars
>>538441493No true. Some things do operate on thin profit margins and expensive help would put them under/reduce their operating hours/increase the price of goods. It's why corner stores go under cause they have sell cheap and you can't do that when you're paying some retard 20$/hr. Historically not all jobs were ever ment to live off of. Teens work after hours no skill jobs, and married women with kids in school worked the daytime ones; those people do not need a living wage.
>>538441875>Historically not all jobs were ever ment to live off ofHistorically all jobs were meant for you and your family to live off a single income. That was the literal point of a job.
>>538437922The title says it all. If you dont force richfags to pay up then YOU the taxpayer inevitability end up paying the difference in the form of food stamps, housing assistance, etc.
>>538438064The irony is that the people bitching about this are unemployed and unemployable and seem to be surviving just fine earning the same as a 4chan jannie.
