Amazon hasn't destroyed everyone yet, we should help.
"amazon is a 10-trillion-dollar company, it can afford a national 15-dollar minimum wage" "ok but what about that mom-and-pop hardware store in toledo?" "amazon is a literal 35-trillion-dollar company, it can afford a national 15-dollar minimum wage"
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Of course even at Amazon plenty of jobs may not produce $15 an hour of value...
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So you think minimum wage should be lowered?
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those people know that amazon already pay that?
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Amazon benefits from high min wages, if increased to $25 Amazon would do fine but their small retailer competitors would be squeezed. Long term Amazon is automating everything they can and minimizing their exposure to low skilled labor costs. Not an option for their competitors.
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Brick & Mortar retailers are fundamentally more exposed to labor costs than Amazon. An Amazon warehouse worker will process far more products per hour than any retail store worker ever could.
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Nuance doesn't fit on a sign. These are the same people that lump in different stats to reach a larger "gun violence' number.
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If only the knuckleheads stuck with UBI at least UBI doesn’t nuke the entire labor market and helps provide instant relief instead of making people unemployed
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I don't know about the 15 dollar and the implications for the US economy but when the minimum wage got raised in germany the same concerns where voiced and the labor market turned out completely fine. Maybe there are even more incentives to move factories abroad but the small 1/2
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