Monday, August 14, 2017

TKC EXCLUSIVE!!! RESEARCH SEYZ: $15 MINIMUM WAGE THREATENS KCMO JOBS!!!



Check this important column about more unintended consequences and the aftermath of a recent election.

Sent our way by one of the BEST AND BRIGHTEST KANSAS CITY BIZ LEADERS who offers a patient explanation . . .

Fight For $15: We WON... Whoops.

Over the past 3 years, Tony's KC has posted no less than 10 stories about how we support low-skill workers and anything they can do to improve their lot in life.

We've highlighted that raising the minimum wage, while making Sly and our ruling liberal elite that run our worlds feel better, has the exact opposite effect on the people intended to help.

Instead of pointing to past TKC articles and saying, "We told you so", here's a fresh look at what the low-skilled workers won at the polls last week.

The quote below is from an article that cold be titled, "Economic Reality Bites"

"Cities that took the Fight for $15 bait are coming to realize that, in the real world, forcing businesses to raise wages for low-skilled workers costs jobs and hurts the very people it's supposed to help.

The biggest blow came when economists at the University of Washington studied Seattle — which had boosted its $9.47 minimum wage to $11 in 2015 and $13 last year, on its way up to $15 for all companies in the city by 2021 — and looked at the wage's impact on city workers.

What the economists found was that low-wage workers lost more in hours than they gained in hourly wages."

Read more: The Fight For $15 Fizzles

So congratulations on your $15 an hour victory; ignoring reality, and Tony's KC numerous warnings, may cost you your job.
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Developing . . .

28 Comments:

Anonymous said...

Basic economics and the law of supply and demand. Government inflating labor prices will lessen their value and smart business will find a way to get around the mandate.

Anonymous said...

^^^^^^^^^Now that there is ignorant you related to Byron by chance?

Anonymous said...

kc wants the same min wage as san francisco or NYC? no modalities on a natl min wage.

Anonymous said...

the math too complicated for economists in the country 2 fluctuate min wage based on cost of living

Anonymous said...

they like 2 figure incomes per household, so be sure to be average and hookup with someone or pay the price.

Anonymous said...

taxes and cell phone plans are discriminatory to the unmarried BTW

Anonymous said...

unmarried/childless

Anonymous said...

my cell phone plan is like $10 cheaper than a family of 4.

Anonymous said...

I wouldn't be bragging about using this website as a source for anything except racism and ignorance.

But go for it.

Ha ha, you deleted THAT comment?

Oh what mighty balls you have Tony. Can't even handle the slightest criticism anymore? Oh, poor baby!!!

xalti said...

Filter is set to pick up worst spammers. If you spend all day on the blog and then pull a crybaby deadbeat routine. That is not a big loss if a few of your bitches get weeded.

Super Dave said...

I haven’t had a conversation one with anybody that thinks this forced minimum wage fiasco is going to do anything to benefit Kansas City. In fact they speak just the opposite. That is why I think the state of Missouri passed the law that they did in an effort to keep things under control and not watch businesses located along state lines jump ship to the other side where there not being forced to pay wages that go far and beyond the national recommendations. Kansas City is full of companies that hire a lot of non-skilled laborers, if the same companies are forced to all of a sudden pay out higher wages they will start losing money if they have existing contracts out there that are based on the current salaries that employees are being paid. Do all these people that voted for this pay raise not stop and think of the backdraft this is going to have on everybody not just on a few people? Based on my calculations, this new vote that was passed by the citizens of Kansas City, and if the state allows it, means everybody that was being paid a minimum wage only will get a raise of about 29%. In short let’s say you pay five dollars for your hamburger this week and after the wages go up that same burger is going to end up costing you somewhere between $6.50 and $7.00 or there about rounding it all off. Welcome to economics 101 where if it costs more to generate that which you buy the cost will only be passed on to you the consumer.

Anonymous said...

Just amother instance of Kansas City cutting off its nose to spite its face. Hurting small business is a bad idea for everyone.

Anonymous said...

Why wasn't the local media echoing this study before the election? Because they are a bunch of fucking libtards that is why. Well before the vote there were close to a half dozen posts right here in this blog talking about the study and the cost to unskilled workers and no one picked up on it until weeks after the vote? Well, I TOLD YOU SO!!!!!!

Thanks God there is a state government to show some sense of responsibility and stability in this situation.

Anonymous said...

From the idiocy of Arthur Laffer to the stupidity of Sam Brownback, conservative "supply side" economists have fucked fido so often that anyone taking them seriously is equally delusional. Greed isn't good, Gordon Gecko. It's just greed.

EG KC said...

^^^ True. But "everything is free" mentality never helped anyone either.

Anonymous said...

Yes. I mean all capitalism has given us is industry, jobs, and first world status. And innovation and technology and things.

Anonymous said...

I wouldn't call describing this site as "racism and ignorance" spam.

I'd call it accurate.

Touchy touchy. Hilarious.

Anonymous said...

^^^^ Ghost of Malcolm X

Anonymous said...

Question 3 called for an immediate $10 per hour minimum wage, increasing to $15 sometime in the next decade.

Anonymous said...

the minimum wage determined by the MARKET seems to be going up already.

there may be a need for an increase, however.

more important, there's a need to help people enter the work force and become employed in a first job.

where the heck are the great society social engineers in all this?

all i can say is god bless the young people working for a low wage.

Anonymous said...

I'd say your filter sucks balls xalti considering all the Daily Stormer content we've posted.

Loser.

xalti said...

^^^ Don't blame us that you don't have an original idea in your head. Sorry about your monument. Look left, that's me.

Anonymous said...

Why is it always the racists who hate a livable wage?

Retro ROCKER said...

Have you experienced,the customer service at Businesses,that pay low wages, zombies, wrong orders no personalty.

Crazy Clown said...

GOOD I hope they get it !!!

Then we all can watch the massive lay offs and employee hours cut
as business closings because those Commie Dumb Nuts fell for all the liberal bullshit coming from the ignorant pathetic leftists of the democratic disgusting party !!

I say give it to them, and let them learn on their own,,, be a damn good learning lesson for all the commie libtards, especially the young clueless ones under 30 years old !!!

Byron Funkhouser said...

9:48, because they think all poor people are black.

Anonymous said...

9:48 and Funkhouser - why do you insist on the continued loss of entry-level jobs? Perhaps you two are the real racists?

Anonymous said...

I am pleasantly surprised to have stumbled upon this website. While there are many things I disagree with over the week I've been reading it, I'm stunned to find that your pieces on economics are far BETTER than the Kansas City Star or ANY TV or Radio news station's reporting. I'm not sure if Tony is writing the posts, or if someone else, but they are DEAD on accurate.

Great work.