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Applebee’s exec urges using high gas prices to push lower wages, sparks walkout

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Re: Applebee’s exec urges using high gas prices to push lower wages, sparks walkout

#321
post #169

Earlier quoted context omitted.

I think there should be an exception for people who are financially dependent on someone else. If you're a teen living at home you should be able to work for whatever someone will pay.

why?

Why would you hire a teenager for a relatively large amount of money?

Re: Applebee’s exec urges using high gas prices to push lower wages, sparks walkout

#323

Rising gas prices mean we can lower wages to keep employees? Outside of the moral implication, this doesn't even logically make sense. People are already facing higher costs, if you pay them lower, they will not work for you, because you know, commuting to work at your place will eat into the budget.

They are assuming the long time soft labor market that existed a couple years ago (vs the tight labor market that actually exists).

Maybe out of habit or something?

Re: Applebee’s exec urges using high gas prices to push lower wages, sparks walkout

#324

Earlier quoted context omitted.

It is very tempting to draw a straight line between something you don't like and some other event that is negative and declare causation. Do you really think this is what is causing inflation? Perhaps there are other facts, such as trillions of dollars of almost zero interest money injected since 2008, massive tax cuts for highly profitable companies (eg AAPL) that result in great payouts to people who are already pa…

The 6 trillion in government spending, subsidizing labor non-participation with federal money, and canceling federal leases and pipelines and saking banks not to lend for fracking didnt help any of that. I'm not sure how I see how spending a ton more money (UBI) will help with inflation at this point. 100% debt-to-gdb is already a lot.

You might recall 2008, where we tried not spending money and what we got was a 10-year-long recession.

Currently private investors are refusing to invest in oil even without environmental factors in the picture - they think it's a temporary spike and are insisting the oil companies pay them back dividends instead.

https://twitter.com/PEWilliams_/status/1506654993633456137

Re: Applebee’s exec urges using high gas prices to push lower wages, sparks walkout

#325

Earlier quoted context omitted.

>two people being able to afford a 1 bedroom apartment within a 1 hour drive without traffic. My immediate reaction to this statement was.. it's insane? In my opinion it should read 'a single person able to afford a 1 bedroom apartment within an hour of public transport commute.' Otherwise it sounds like you don't think anyone should be able to live anywhere reasonable without roommates?

living alone is a luxury all over the world. i don’t think it’s good to expect minimum wage will afford you a luxury style of living. we don’t have the infrastructure to support that for all. nor does any country

2 people sharing a 1 bedroom is a pretty low bar, I think minimum wage should afford someone their own bedroom. However I do often see people claiming no one should have to have any sort of roommates, even if they are a single minimum wage earner trying to support a spouse and children. I agree with you in that I don't understand why having to share a kitchen or living room is such an issue.

Re: Applebee’s exec urges using high gas prices to push lower wages, sparks walkout

#326
post #285

Earlier quoted context omitted.

Also, you'd think the people with 'traditional values' or whatever would be really excited if a single worker could support a couple.

The reason why single earner households can't afford a house on a single earner wage isn't because houses got 2x harder to build, or a single earner got half as productive. It's because there's only so many houses (land) available, and therefore the people with money (mostly 2 earner households) bid up the price until the people who can afford it equal the number of houses available. So yes, those people "with 'tradi…

The original suggestion was to tie the minimum wage to housing costs, so I guess this should cancel out the up-bidding.

Re: Applebee’s exec urges using high gas prices to push lower wages, sparks walkout

#327

Earlier quoted context omitted.

Zoning. You link the "zones which employ people" and "zones which house people" to balance so you don't have significantly more jobs than homes. Next you zone for type of housing, where you only allow a certain percentage of the most profitable 1BR apartments to be built, and require those to be above certain size thresholds so that a variety of life situations can actually live in your city. You don't need to "incen…

That sounds all well and good but I live in a desirable central coast city and thanks to SB9 I can now build 4 extra res units on my property. You are mistaken if you think anyone is going to spend that effort and charge anything less than current market ... maybe more, new houses are expensive. What we need is subsidized housing close to mass transit, single payer medicine, progressive tax reform and subsidized chil…

They don't have to charge less than market. They charge market rates and absorb 4 families that would've otherwise taken their market-rate salaries and kicked 4 immigrant families out of a 4-plex that used to rent far below market.

Re: Applebee’s exec urges using high gas prices to push lower wages, sparks walkout

#328
post #175

Earlier quoted context omitted.

Start off by charging them extra in taxes to cover any welfare their full-time employees qualify for. edit: with a 200% penalty for administrative fees.

>Start off by charging them extra in taxes to cover any welfare their full-time employees qualify for. Isn't this equivalent to raising the minimum wage? I'm not sure what's the point of policies like this other for the cathartic effect/grandstanding.

Not only that, but it incentivizes hiring discrimination based on family status. Are you going to hire the 19 year-old college kid or the 24 year-old single mother of 2? Guess who's more likely to qualify for AFDC?

Re: Applebee’s exec urges using high gas prices to push lower wages, sparks walkout

#329

Ethics aside, this is bad analysis. Gas prices putting financial stress on Applebee's employees will also put financial stress on Applebee's customers, who may cut spending on things like going to Applebee's.

I agree they may need to cut their prices. How would this email have been received if it had said: We are facing headwinds and may need to cut prices To stay viable this means we need to cut costs One way to do this is offer lower starting wages. Though this wasn't viable in the recent past, it may be possible now. That's because our pool of workers are feeling pinched and may need to pick up extra jobs I understand…

> It may be understood by the recipients that they need to cut costs wherever possible.

Except executive compensation, I suppose.

It's also not an isolated event, just another moment in a trend of big corporate entities pushing wages in only one direction, down. No matter how you word it, it's starting to look a lot like: "We need to lower wages because no one can afford anything anymore because no one is paying high enough wages".

Re: Applebee’s exec urges using high gas prices to push lower wages, sparks walkout

#330

Earlier quoted context omitted.

1) UBI is not UBI unless everyone gets it. 2) Any income surplus generated by UBI is rapidly consumed by middle people and rent-seekers. That’s how we get inflation.

Does anyone have a good explanation (or resource) for why this wouldn’t happen?

Because you increase taxes to offset it so no net new money is added to the system. Everyone gets ubi but only some people get new taxes.
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