Logan's Roadhouse files for bankruptcy; 18 restaurants closing

Does this help you Amy?

 

it is called, structural unemployment.

Only the right complains about structural forms of unemployment, when there is not enough "corporate raiding" involved to make it seem, worthwhile under our form of Capitalism.

 

I claim it must be stimulus if more Persons have more money to spend at the end of the day.

That less Persons may be hired is the fault of capitalists who get capital tax breaks, even for paying employees wages.

The wealthiest are making more money faster than ever before, and we have no Jobs Boom to show for it. That, dear Persons on the right, is what tax breaks are supposed to be used for, create more employment by investing in more and new business ventures.

 

Are you familiar with tip share, where it comes from, where it goes?

 

I know you are not familiar with my daughters place of work or you would have told us where she works.

I notice you flat ignore the chart of incomes at Red Lobster I got just for you.

I also notice you refuse to believe Hawaii wage laws.

Come to think of it, you never told us where you dragged up your cited figures from.

 

Haha... I congratulated you on Hawaii's unique policy regarding tipped employees.
Anyone can call the Red Lobster closest to them and ask what they pay their waitstaff an hour.
I gave you a link that stated $2.13/hr was standard.

 

yes, and neither should be paid below a federal min wage

btw, how the heck did you decide to pick lawyers wages to compare to min wage???

a lawyer would ALWAYS be paid more then the fast food worker... that doesn't mean the fast food worker should be paid slave wages

I think you need to define your understanding of working class, which btw, includes fast food workers and lawyers

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that doesn't justify paying children less then a min wage

 

I didn't use the phrase "working class." Haha.
If anyone who works falls into that category, where does minimum wage fit in?
Slave wages? Employees work voluntarily.
Pro bono lawyer would make less than a ff worker.
You didn't answer my question, why does the lawyer make more?

 

Children don't work in America.
Employers have to compensate employees federal minimum wage.

 

yes they do..... I started working at age 14 in the fields

14 is a child, not an adult yet..... and they deserve at least to be paid a min wage

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the min wage is the lowest a employer can pay an employee, they can pay them any amount above that

employees may work voluntarily, but employers have to follow the laws

a Pro bono lawyer is working for themselves, they are volunteering their time, they have no boss, they work for themselves

guess what, I can volunteer my time helping my neighbor put on a new roof, that is not the same as me being his employee

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Legally speaking, all employees have to fill out a W-2 and employers must pay minimum wage.
If kids are working in fields for less, it's illegal.

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I agree with that entire post.

 

as it should be, that is my point, some were saying children working should be paid less then min wage as they were not adults

sounds like we agree

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OK, I get paid $6.70 pr hour from social security. I would love to double that.

I expect you to support that.

 

how many hours do you work for social security? if you work for the social security as an employee, then yes, you should get min wage for it no matter how old you are

that said, I think anyone that works 30 years or is disabled should get at least a min income from social security per month, we would have to remove the caps and make those earning over 150k pay the same ss tax as we do though to raise that, and the right would never go for that

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Hell just froze over, I'm sure

 

What is your job position?

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$7.25 is minimum wage. Ain't nobody working for the gov for less.

 

Well, actually, there was the Great Depression and then there was the Great Recession.

http://www.federalreservehistory.org/Events/DetailView/58

No they aren't. If you had ever owned a business you would know otherwise. Businesses large are small aren't taxed on sales. They are taxed on profits and how those profits are taxed depends upon the legal structure of the business e.g. C corporation versus S corporation or a partnership and the kind of partnership.

I can only guess you might be talking about sales taxes. First, not every business is subject to sales taxes nor are sales taxes levied on the business. Sales taxes are levied and paid by the purchaser. That's why sales taxes are broken out in a separate line whenever you engage in a transaction subject to sales taxation. In the case of sales taxation, the seller acts as an agent of the state to collect taxes from the purchaser. Sales taxes are not revenue nor are they treated as revenue by businesses small or large Sales taxes are not levied on businesses. Businesses are usually exempt from paying sales taxes on the products they purchase for resale.

Well, good. Congratulations.

Earned income credits are the better than increasing the minimum wage. It doesn't cause supply disruptions and it improves everyone lot. It makes the system more competitive.

 

Businesses that don't profit pay taxes. Thanks for sales tax 101.
To say earned income credits make the system more competitive is hilarious.
It's even funnier you think minimum wage workers are benefitting by such. Do you even know how those credits are distributed?


The Great Depression was the subject matter for novels and movies... Americans don't call the housing crash The Great Recession...

 

Let's simplify this, what taxes do businesses pay on their revenues as you asserted? Businesses don't pay taxes on their revenues. It really is that simple. They pay payroll taxes and some businesses pay income taxes. And the amount of income tax varies depending on geography and the legal structure of the business. There are some businesses which pay no income taxes e.g. master limited partnerships, S corporations, and REITS.

You are welcome.

So you think putting more money into the hands of consumers with tax policy is hilarious? Ok. And you don't think minimum wage earners benefit by receiving more money? Ok.

Yeah, I know how the earned income tax credits are distributed. But that doesn't mean they always need to be or should be distributed as they have in the past. There is more than one way to pass an earned income tax credit onto a minimum wage earner.

And yes, earned income tax credits will make the system more competitive by increasing the demand for goods and services. It's really not that complicated.

Oh, so you don't think people remember The Great Recession where most Americans lost half their net worth in a matter of days? The fact is The Great Recession was the longest and deepest recession since the Great Depression. Movies and books have been written about The Great Recession too. But that's not how we measure recessions and depressions. We measure recessions and depressions with empirical data and not with books and movies.

http://fortune.com/2015/12/27/big-short-wall-street-movies/

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Let's simplify this, what taxes to businesses pay on their revenues as you asserted?

You are welcome.

So you think putting more money into the hands of consumers with tax policy is hilarious? Ok. And you don't think minimum wage earners don't benefit by receiving more money? Ok.

Yeah, I know how the earned income tax credits are distributed. But that doesn't mean they always need to be or should be distributed as they have in the past. There is more than one way to pass an earned income tax credit onto a minimum wage earner.

And yes, earned income tax credits will make the system more competitive by increasing the demand for goods and services. It's really not that complicated.

Oh, so you don't think people remember The Great Recession where most Americans lost half their net worth in a matter of days? The fact is The Great Recession was the longest and deepest recession since the Great Depression. Movies and books have been written about The Great Recession too. But that's not how we measure recessions and depressions. We measure recessions and depressions with empirical data and not with books and movies.

http://fortune.com/2015/12/27/big-short-wall-street-movies/

 

People didn't lose net worth when the housing market crashed. Real estate value plummeted overnight and those upside down were affected. Foreclosures were happening to people who owed more on their home than it was worth. Walking away was the financially wise thing to do. People with 5 years left on their mortgage weren't giving their property back to the bank.
It was the housing crash. I'm just telling you what happened and how Americans refer to it.
What movie/book about The Great Recession is your favorite?? Haha... Grapes of Wrath?
Tax credits are distributed after you file annual taxes. You can't get back more than you pay.
A minimum wage worker would increase his/her monthly income by increasing deductions on their W-2.
The housing crash didn't cause poverty and unemployment. Comparing it to The Great Depression is utterly ignorant.