Republican Sen. Josh Hawley Proposes Legislation Requiring $15 Minimum Wage For Billion-Dollar Companies

[bullitpdq68]

Since Hawley let Trump give him a full facial I really have not been impressed with this guy. But I saw this the other day and thought you know this really is not that bad of an idea.... It is sort of thinking outside the box and something that might work... I would think this would be a compromise and could receive bipartisan support, its a starting point for sure.

Republican Sen. Josh Hawley Proposes Legislation Requiring $15 Minimum Wage For Billion-Dollar Companies

“Mega-corporations can afford to pay their employees $15 an hour.”

www.forbes.com

Amid a bitter fight on Capitol Hill over a Democratic proposal to raise the federal minimum wage to $15 per hour, Senator Josh Hawley (R-Mo.) on Friday said he plans to introduce legislation that would require companies with revenues of $1 billion or more to pay their employees that wage, even if the federal minimum wage remains lower.

Josh Hawley said...
“Mega-corporations can afford to pay their employees $15 an hour, and it’s long past time they do so, but this should not come at the expense of small businesses already struggling to make it,” Hawley said in a statement. Republicans have criticized Democrats’ push for a $15 minimum wage on the grounds that it would be too expensive for small businesses and could actually cost jobs in the long run.

 

[Pancho and Lefty]

I think he has a decent idea there. Obv just my opinion, but the problem with 15 an hour is people look at it as McDonald's is a multi billion dollar company, surely they can pay better wages. Reality is that burden falls on the franchise owners. Say you own a sandwich shop, have 12 employees. If the hourly employees get a raise, your managers and assistant managers deserve a raise. Obv food cost, supplies, insurance, utilities are all going up. If you are in a small town, it is asking a lot to need to raise an extra $250,000 grand in revenue a year to make up the differance. I get it that people deserve a fair amount of salary, but it should vary from state to state. Obviously the living wage in San Francisco is much different that in Potosi.

 

[bullitpdq68]

I think he has a decent idea there. Obv just my opinion, but the problem with 15 an hour is people look at it as McDonald's is a multi billion dollar company, surely they can pay better wages. Reality is that burden falls on the franchise owners. Say you own a sandwich shop, have 12 employees. If the hourly employees get a raise, your managers and assistant managers deserve a raise. Obv food cost, supplies, insurance, utilities are all going up. If you are in a small town, it is asking a lot to need to raise an extra $250,000 grand in revenue a year to make up the differance. I get it that people deserve a fair amount of salary, but it should vary from state to state. Obviously the living wage in San Francisco is much different that in Potosi.

Pancho you get it !!! I use to run several McyD's a local franchisee down here in SWMO. The owner did make a nice living, but I would say they cleared after everything maybe $150,000 I did all the P&L for the company so I know what our profit was, but I also remember the long hours they have to put in, no retirement, no insurance.... nothing really in facted you hoped your kids would step up and purchase so you could get something when you stepped away to retire!!

They are not the cash cow many think in many areas, but like you said it depends on where you have a store some will do better than others.

I left the restaurant business two decades ago to do what I do now. A decade later the owner that I worked for sold thier McyD's and also came out to work for the same company. I remember them telling me that in the end the benefits and pay of working for a company in the end was about equalled what they made owning a store with a lot less headache and health insurance.

I assume that McDonalds the Corp would have to pay the larger wages, but the franchisees would not because they are all considered independent.

 

[3Rfan]

Juts the fact that the minimum wage hasn't increased is 12 years says something needs to be done. It aint goin to $15 dollars right away like everybody makes it sound even it passed tomorrow. It would go to about $9 then rise for several years to get to $15.

 

[MGHS]

Since Hawley let Trump give him a full facial I really have not been impressed with this guy. But I saw this the other day and thought you know this really is not that bad of an idea.... It is sort of thinking outside the box and something that might work... I would think this would be a compromise and could receive bipartisan support, its a starting point for sure.

Republican Sen. Josh Hawley Proposes Legislation Requiring $15 Minimum Wage For Billion-Dollar Companies

“Mega-corporations can afford to pay their employees $15 an hour.”

www.forbes.com

Amid a bitter fight on Capitol Hill over a Democratic proposal to raise the federal minimum wage to $15 per hour, Senator Josh Hawley (R-Mo.) on Friday said he plans to introduce legislation that would require companies with revenues of $1 billion or more to pay their employees that wage, even if the federal minimum wage remains lower.

Josh Hawley said...
“Mega-corporations can afford to pay their employees $15 an hour, and it’s long past time they do so, but this should not come at the expense of small businesses already struggling to make it,” Hawley said in a statement. Republicans have criticized Democrats’ push for a $15 minimum wage on the grounds that it would be too expensive for small businesses and could actually cost jobs in the long run.

Window dressing.....they will just pass that on to the consumer. He knows this in spades. The issue is these jobs cannot and are not suppose to be career's and support a family. We need more Legit jobs but since a crap tone of manufacturing is done in China that ain't going to happen.

Raising the Minimum wage will just Raise the price of everything else as that cost is past on and a 15$ hr paycheck will buy the same or less than what minimum wage buys now.

I suspect if it raises that some companies will use that as a excuse to Raise prices even more than what is needed to cover the 15$hr cost....I would and roll in the profits.

 

[bullitpdq68]

Window dressing.....they will just pass that on to the consumer. He knows this in spades. The issue is these jobs cannot and are not suppose to be career's and support a family. We need more Legit jobs but since a crap tone of manufacturing is done in China that ain't going to happen.

Raising the Minimum wage will just Raise the price of everything else as that cost is past on and a 15$ hr paycheck will buy the same or less than what minimum wage buys now.

I suspect if it raises that some companies will use that as a excuse to Raise prices even more than what is needed to cover the 15$hr cost....I would and roll in the profits.

The funny thing is when I use to argue with a Dems/Libs such as Neutron and Duck about Corporations moving jobs to Mexico (NAFTA) and China I was always meet with the same old argument that America corps cannot compete internationally in manufacturing in the US having to paying labores $15 dollars an hour. and that tired old argument is still used by them today. Yet on the flip side they they think we can compete paying somebody to flip burgers or fold a T-shirt $15 an hour. It goes to say how little they understand how the economy works.

But I also don't prescribe to notion that billion dollar corporations cannot afford to increase wages a bit especially to those at the bottom. Yes MGHS you are right they will probably still just try and pass those cost on to the consumer....however the issue is that thier profits would be affected actually very marginally by having to pay more to those few employees who don't make $15, but they would still want to increase it I have no doubts. However My thoughts are this.... these billion dollar corps still have compete with the mom and pops down the road, by forcing these corporation to increase wages it might help the local grocery store down the road also compete for a fair share of the market and it might just level the playing field. Because well if that corporation wants to raise the price of potatoes to make up for the extra cost of labor....the good old mom and pop store down the road will not have to thus it might ....I mean it really just might level the playing field a bit for all the true small business owners that the Pubs say are so important to the backbone of our economy.... overall I think it is the first smart thing I have heard a Pub say since they all started taking a knee in front of thier golden God.

 

[3Rfan]

Window dressing.....they will just pass that on to the consumer. He knows this in spades. The issue is these jobs cannot and are not suppose to be career's and support a family. We need more Legit jobs but since a crap tone of manufacturing is done in China that ain't going to happen.

Raising the Minimum wage will just Raise the price of everything else as that cost is past on and a 15$ hr paycheck will buy the same or less than what minimum wage buys now.

I suspect if it raises that some companies will use that as a excuse to Raise prices even more than what is needed to cover the 15$hr cost....I would and roll in the profits.

I didn't go to Mickey D's for a while after the covid tang came along. When I did go to the drive up window and got my usual quarter pounder meal it was at least a $1.50 more in only a couple of months than it had been when I last bought one. They will raise prices whether the minimum wage goes up or not. We have to stop trying to scare everybody with the $15, if it ever passes it only goes to about $9 then goes to $15 over several years. How many of us have gone without a raise for 12 years? That's how ,long it's been since there was any increase in the minimum wage. Prices have gone up ALL of those 12 years so saying it's going to go up more just ain't very good argument.

 

[bullitpdq68]

I didn't go to Mickey D's for a while after the covid tang came along. When I did go to the drive up window and got my usual quarter pounder meal it was at least a $1.50 more in only a couple of months than it had been when I last bought one. They will raise prices whether the minimum wage goes up or not. We have to stop trying to scare everybody with the $15, if it ever passes it only goes to about $9 then goes to $15 over several years. How many of us have gone without a raise for 12 years? That's how ,long it's been since there was any increase in the minimum wage. Prices have gone up ALL of those 12 years so saying it's going to go up more just ain't very good argument.

LOL, do you know why those prices went up? Has nothing to do with labor it has everything todo with product supply and demand. Right now our demand is outpacing our supply which is driving up prices. Meat prices are going thru the roof yet those raising cattle are not making a dime more than before. Why many meat processing plants were closed less people are eating out and more people are eating in and it changed the market and the demand and companies are scrambling to catch up. Companies are still trying to figure out what is demand going to be like in the future will people go back to McDonald's after this opens up or will they still continue to eat at home, so that determines what meat processing plants decide to do. This pandemic has changed alot of things and companies are still trying to figure it out.

We went to go purchase a new couch, we were told it will be a 7-8 month wait...because manufacturing is that backed up! Things are crazy.

 

[Veer2Eternity]

LOL, do you know why those prices went up? Has nothing to do with labor it has everything todo with product supply and demand. Right now our demand is outpacing our supply which is driving up prices. Meat prices are going thru the roof yet those raising cattle are not making a dime more than before. Why many meat processing plants were closed less people are eating out and more people are eating in and it changed the market and the demand and companies are scrambling to catch up. Companies are still trying to figure out what is demand going to be like in the future will people go back to McDonald's after this opens up or will they still continue to eat at home, so that determines what meat processing plants decide to do. This pandemic has changed alot of things and companies are still trying to figure it out.

We went to go purchase a new couch, we were told it will be a 7-8 month wait...because manufacturing is that backed up! Things are crazy.

So Biden didn't cause the gas prices to go up!?!?!?!

No way.

 

[bullitpdq68]

So Biden didn't cause the gas prices to go up!?!?!?!

No way.

Oh my don't get me started on that...I don't know how many post I see on social media asking those who supported Biden if they love the gas prices that he raised because of his enacted policies.

Yet the Stock market continues to go up and if you ask about who gets that credit they say Trump..

 

[bullitpdq68]

So Biden didn't cause the gas prices to go up!?!?!?!

No way.

McDonalds has a drive thru and they have actually seen an increase in business, in fact many restaurants who have drives are see record sales, while those who relied heavily on sit down are suffering which also adversely affected those small mom and pop's out of the way places like Newtonia cafe who were barely surviving before all of this. So now the Dems want somebody in some town of 600 who barely squeaks out a living maybe making $30,000 themselves in a year, to now pay one worker $14,560 more a year... I call bull$*^%. Here is the thing this is why you don't see rural America voting DEM! This sort of laws just kills rural America. Maybe these sort of things will help those working in big town America, but here in Rural America not so much it hurts more putting more mom and pop places out of business that service rural @$$ communities, that is why you don't see mom and pop diners or gas stations in little towns of 600 any more they just cannot compete. The Dems set it up for the big guys to win not the little guy, that is why I like what Hawley is suggesting, it just might level the playing field.

One of my Children just purchased a two bedroom home, has a job in the $12 an hour range has a newborn and is single and is doing good has a decent future with no help from me.... Why because here in Rural America you don't need $15 an hour to survive and they don't need a bunch of fancy crap to make it. Start with a decent job get a roof over your head and start building. To many people want it now for free and never work hard to earn it.

 

[Veer2Eternity]

McDonalds has a drive thru and they have actually seen an increase in business, in fact many restaurants who have drives are see record sales, while those who relied heavily on sit down are suffering which also adversely affected those small mom and pop's out of the way places like Newtonia cafe who were barely surviving before all of this. So now the Dems want somebody in some town of 600 who barely squeaks out a living maybe making $30,000 themselves in a year, to now pay one worker $14,560 more a year... I call bull$*^%. Here is the thing this is why you don't see rural America voting DEM! This sort of laws just kills rural America. Maybe these sort of things will help those working in big town America, but here in Rural America not so much it hurts more putting more mom and pop places out of business that service rural @$$ communities, that is why you don't see mom and pop diners or gas stations in little towns of 600 any more they just cannot compete. The Dems set it up for the big guys to win not the little guy, that is why I like what Hawley is suggesting, it just might level the playing field.

One of my Children just purchased a two bedroom home, has a job in the $12 an hour range has a newborn and is single and is doing good has a decent future with no help from me.... Why because here in Rural America you don't need $15 an hour to survive and they don't need a bunch of fancy crap to make it. Start with a decent job get a roof over your head and start building. To many people want it now for free and never work hard to earn it.

that 15 hour won't be passed. You know it, I know it and THEY know it. It's all marketing.

 

[bullitpdq68]

that 15 hour won't be passed. You know it, I know it and THEY know it. It's all marketing.

I don't know what the answer is to minimum wage but really the time of having a national minimum wage has probable passed. The cost of living across the country... Heck even just in a state and from town to town can very that forcing a standard wage across the board is just about impossible to help one but not hurt another. Sure it will help some areas but adversely affect other.

 

[Expect2Win]

$15 an hour at 40 hours a week is approximately $30,000 a year, and the state minimum for a teacher is $25,000 a year.

 

[Veer2Eternity]

I don't know what the answer is to minimum wage but really the time of having a national minimum wage has probable passed. The cost of living across the country... Heck even just in a state and from town to town can very that forcing a standard wage across the board is just about impossible to help one but not hurt another. Sure it will help some areas but adversely affect other.

I agree. This is a problem that won't be solved by government. Our capitalistic society was broken by government helping the rich. Now they can do whatever they want and they are greeeeddddyyyy.

 

[3Rfan]

LOL, do you know why those prices went up? Has nothing to do with labor it has everything todo with product supply and demand. Right now our demand is outpacing our supply which is driving up prices. Meat prices are going thru the roof yet those raising cattle are not making a dime more than before. Why many meat processing plants were closed less people are eating out and more people are eating in and it changed the market and the demand and companies are scrambling to catch up. Companies are still trying to figure out what is demand going to be like in the future will people go back to McDonald's after this opens up or will they still continue to eat at home, so that determines what meat processing plants decide to do. This pandemic has changed alot of things and companies are still trying to figure it out.

We went to go purchase a new couch, we were told it will be a 7-8 month wait...because manufacturing is that backed up! Things are crazy.

Mickey D's didn't lose business around here, their drive-up is backed up to the highway through town just about anytime you drive by and most of the other places are to. I don't know how people can go there on their lunch break and get back to work on time.

 

[kaskaskiakid]

I get it that people deserve a fair amount of salary, but it should vary from state to state. Obviously the living wage in San Francisco is much different that in Potosi.

$15 an hour at 40 hours a week is approximately $30,000 a year, and the state minimum for a teacher is $25,000 a year.

100% agree with both.
The median family income in San Francisco is $82,000. In Potosi, it is $24,000.

 

[MGHS]

LOL, do you know why those prices went up? Has nothing to do with labor it has everything todo with product supply and demand. Right now our demand is outpacing our supply which is driving up prices. Meat prices are going thru the roof yet those raising cattle are not making a dime more than before. Why many meat processing plants were closed less people are eating out and more people are eating in and it changed the market and the demand and companies are scrambling to catch up. Companies are still trying to figure out what is demand going to be like in the future will people go back to McDonald's after this opens up or will they still continue to eat at home, so that determines what meat processing plants decide to do. This pandemic has changed alot of things and companies are still trying to figure it out.

We went to go purchase a new couch, we were told it will be a 7-8 month wait...because manufacturing is that backed up! Things are crazy.

And let's not forget that people are still panic buying stuff stressing the supply chain as well. Adding a 15$hr min. wage will only throw more fuel on the fire. I really think that one side is actively trying to Reset the whole economic system and the other Side is to lazy, comfortable and shortsighted to counter balance it.

And I can tell you that Beef will probably continue to increase, we still raise cattle mostly for ourselves to eat, but a lot of hobby farmers I know are out or trying to raise sheep as it's more profitable.

 

[bullitpdq68]

And let's not forget that people are still panic buying stuff stressing the supply chain as well. Adding a 15$hr min. wage will only throw more fuel on the fire. I really think that one side is actively trying to Reset the whole economic system and the other Side is to lazy, comfortable and shortsighted to counter balance it.

And I can tell you that Beef will probably continue to increase, we still raise cattle mostly for ourselves to eat, but a lot of hobby farmers I know are out or trying to raise sheep as it's more profitable.

My brother started raising pigs during this as a hobby, he has a list of people wanting his babies he said many know they take up less space than cattle. He was doing cattle but he was losing his butt trying to feed them and not making any money. But right now forget about taking them to a butcher most places around here have up to a year or more waiting list to get your stuff processed. So now he has purchased the stuff and is starting to butcher his own animals. He did his first pig and really it did not turn out to bad.

 

[MGHS]

My brother started raising pigs during this as a hobby, he has a list of people wanting his babies he said many know they take up less space than cattle. He was doing cattle but he was losing his butt trying to feed them and not making any money. But right now forget about taking them to a butcher most places around here have up to a year or more waiting list to get your stuff processed. So now he has purchased the stuff and is starting to butcher his own animals. He did his first pig and really it did not turn out to bad.

That's awesome him processing his own product...We have been able to get stuff processed faster than a year, but I know most can't, we had a couple done in Sept. and one just done last week after a Bull had to be put down for a injury. You have to have enough Grass if you don't want to make a few bucks on cattle. Feeding them mostly Grain/RangeCubes/SaltMix is a losing business as you stated.

If I may ask what is the Ball Park figure on the equipment he bought to process. We use to process all our deer with just a basic Meat Grinder, but to Cut steaks/Roast and such does he have a Band Saw and other equipment as well? Does he freezer paper or vacuum seal.

 

[bullitpdq68]

That's awesome him processing his own product...We have been able to get stuff processed faster than a year, but I know most can't, we had a couple done in Sept. and one just done last week after a Bull had to be put down for a injury. You have to have enough Grass if you don't want to make a few bucks on cattle. Feeding them mostly Grain/RangeCubes/SaltMix is a losing business as you stated.

If I may ask what is the Ball Park figure on the equipment he bought to process. We use to process all our deer with just a basic Meat Grinder, but to Cut steaks/Roast and such does he have a Band Saw and other equipment as well? Does he freezer paper or vacuum seal.

I don't know exactly what he has, I know he did find a combination bandsaw and grinder which he was talking about getting, I don't know if he did? He was saying not having to take them to the processors saves him money and would pay for that after just a few he does. He does his own Deer and Pigs....

He does all vacuum seal. He asked me if I want one, but if I do he said I have to come help kill butcher and process....debating but I am really not much into that stuff like he is hell I don't even hunt LOL.