Kevin O'Leary issues dire warning over California Democrats' $50 minimum wage push
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- Опубликовано: 13 фев 2024
- O'Leary Ventures chairman Kevin O'Leary reacts to California Senate candidates’ efforts to raise the minimum wage to as high as $50 on ‘Varney & Co.’ #foxbusiness
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Enact Term Limits 4 Congress and NO MORE Lobbying!
pass an amendment, why are ya waiting for?
When you begin told behind closed doors.
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Americans will not all open borders and refuses to let theirs kid's to be pushed back and out of the workforce because of a hiring of low wage workers throughout the United States of America 🇺🇸.
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Well, if the refuse to cooperate, we will write a bill and you push it through for us!
We will back you with plenty of protections and money 💵!
Once we get the $50 wage passed, we'll force them out of business so that we can help our ccp friends setup a new global systems here in the United States of America 🇺🇸.
This is going to take some time, but it can be done!
By then, we will have the low wage workforce in place for our group of investors from around the world right here in America 🇺🇸
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THE CITIZENS NEED TO TAKE ACTION AND SPEAK OUT TO GET THE AGE AND TERM LIMITS PUT IN PLACE!! What? You expect the corrupt evil politicians to do it out of the kindness of their hearts?? LOL!
@@TrumpCantReadbecause it's not up to one person to pass anything. Why you so stupid for? 😂
We all know the house will not allow it.
Ask that crazy lady how much she’s paying her staff members. Guarantee it’s not 100K per year.
It's pretty common for states to exempt themselves from minimum wage laws. So she's not worried about her office budget getting blown out.
whats the terms of this guarantee? please be specific
@@TrumpCantRead If you really think Barbara Lee paid her own employees $50 (or even the inflation-adjusted equivalent in 1990) for it, then you're welcome to present your evidence. Otherwise, nobody in their right mind would believe such a thing.
W
All the boss’ talk a big game but don’t back it up with money.
$50 an hour is INSANE.
Fast food employees deserve living wages, as well as full benefits, and PTO. They're hard working folks. The issue is the CEO / CFO / owners' sky high salaries unproportional to their work effort and work value. Why is no one complaining about that, because its easier to blame the poor.
And don't tell me owners took a high risk, they did not. They're protected thru the LLC legal structure.
The only insane thing about California is its governing bodies.
why not make it 1000 dollars an hour?
@@realtrealtoronto After searching some basic stuff up, McDonalds has roughly 150,000 employees 2 years ago, their CEO made around $17.8 Million, meaning if you took the entire CEOs pay check and distrusted it to their employees, it would be a $118 bonus. So I guess you can pay for your employees oil change?
according to inflation, it should already be 20
Why not $500 per hour then? Truly stupid.
Right and then everybody is a winner and a millionaire... my god how stupid
$50 is part of a bad fix for PRIOR bad policies
@@shaheeddolcheydon’t people who don’t do any work at all make a lot more than that? But people who actually work can’t make a decent living? You know if California didn’t spend 50 billion a year on illegal aliens then most people who actually needed higher wages or financial support could receive it?
@@TRUTHandLIGHT4809Y’all want to keep blaming Trump when this is clearly Jerome Powells fault
Everyone is a trillionaire in the great nation of Zimbabwe, you know, where you tow a truckload of cash to buy a chicken.
Raise the retirement age for social security yet allow people to get laid off for ageism. She's whacked.
I know a lady that is 62 got forcibly laid off, lost her apartment and was forced to move into her friends apartment until she was able to move into her daughters apartment.
her daughter is married with 3 children and now her all living in a shoe box apartment. She almost landed in the streets because of ageism at her job.
She couldn't fight the company because she didn't have the funds to pay the fee's the lawyers demanded from her. Mind you she has been at the company for 30+ years.
And social security denied her.
In Alberta for a lot of companies see workers at 30 to be too old to train and keep around. Doesn't matter what you do in the company or how you work. At 30 you still have 35 years to be in the work force. Amazing.
California is filled with losers they are called Gavin Newsom and democrats and the idiots that voted for them!
California is filled with losers they are called Gavin Newsom and democrats and the idiots that voted for them!
@@Headinavise No doubt
Complete insanity.
Australian Infotainment in a nutshell!
🇺🇸🤪👍🇺🇸
California is filled with losers they are called Gavin Newsom and democrats and the idiots that voted for them!
Waaaaahhhh!!!!
Not at all. This is solely to transfer all low skill jobs to migrants off the books.
No one should take the idea of a $50 minimum wage seriously, it was obviously just a ploy from Barbra Lee to stand out from her opponents on the debate stage.
Well, reasonable people were shrugging off crazy liberal ideologies like a teenager going through a phase. Look where that has landed us...
It’s $7.25 right now imagine if they do it all the citizens in this country will go down hells road.
@@user-bv6wq4es3w if you had a federal $50 minimum wage you would need to raise everyone else’s wages and salaries. You’re essentially creating a new bottom line. I don’t think life would be more affordable the cost of everything would just be 10 times more. A pack of gum would be like $10. America would just be too expensive for tourists to travel in. I think a federal minimum wage of $20 is more reasonable given the cost of living.
$50 an hour wage would bankrupt California
@@crobinson2624 all we have to do is tie minimum wage to inflation.
I am incredibly skillled and among the best at what I do and $50 per hour is the most I’ve ever made in my life. Anyone who thinks minimum wage should be that high is an absolute lunatic.
I gave a handful of teeth, most of a hand and most of the vision in one eye to pay for college so I could scratch and claw my way up to $30/hr. Id expect my wage to jump proportionally.
Absolute lunatics describes the steaming pile in sacramento perfectly.
@@springbloom5940I got $50/h without even graduating high school. You got scammed 😂
They should raise it to 100.00 and everyone will be wealthy. They can afford a house , a car and family vacation. Biden is going to make it happen.
@@35INHUMAN😂
What California needs is a new management from governor to traffic cop
Their economy is way too big from all the communism. 🤔
Because their economy is way too big from all the communism? 🤔
Too many stupid people who belong to the cult. Oddly enough, they’re older white people.
They wouldn’t recall Newsom when they had the chance.
Newsom follow the idea of Chairman of WEF
So if minimum wage 50 bucks. What will nurses, cops, firefighters, etc will get paid... 120 to 150 an hour...
Just crazy... California is crazy...
I would love a $50 dollar minimum wage , but I know the moment that happens , your 50 bucks wont be worth much. Rent will be $5000 and a Big Mac will $25 each and AI's taking your order.
Robots are definitely taking over when that happens why invest in humans when you can use robots to do the work while paying them nothing
Rent is already 3-5k for a decent house depending where you live
We are collapsing in real time
Waaaaahhhh!!!!
It's here and it is going to get much worse. Protect.
Biden has let an army of Chinese men into mainland. 45,000 in last 2 years. "benedict" biden is easily worst president in U.S. history because of his open border.
Like a spinning top
The 💩 is about to teeter over
Problem with $50 an hour minimum wage is everyone’s else wages above it need to go up as well. You’re not going to be a nurse for $50 an hour if flipping burgers pays the same amount. So everyone’s wages go up a similar amount, the cost of everything goes up a similar amount and everyone is right back in the same spot.
not "everyone" needs "wages", and not "everyone" cares if McDonalds charges more
@@TrumpCantRead People who work minimum wage jobs should perhaps care that they are not priced out of employment.
@@TrumpCantReadYou’re really intent on glaringly displaying your economic ignorance, aren’t you?
Exactly, fast food workers make more than some skilled trade jobs already with minimum being 16 for entry level trades while flipping burgers gets 20.
@@TrumpCantReadyou can’t think.
Can you imagine how expensive restaurants will be if mw is $50 in California? That’s wild
No, my friend. EVERYTHING. Minimum wage drives overall inflation. If the burger flipper is paid that much, then the teach needs to be paid more and the construction workers and the IT guys and the healthcare workers. everything gets more expensive. Minimum wage requirements are absurd
They already want $10 for a Big Mac there…. Imagine how much a Porterhouse steak would be!!!
$200 happy meal from Macdonald.
Sure a happy meal for your kids will be 100.00
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These people are so out of touch with reality it’s not funny anymore they all need to be fired this is so irresponsible
In Nikki’s world in other words hardworking citizens that worked hard, paid taxes may never get it since Nikki’s raising the age and allows illegal immigrants and instead of keeping the current age and cutting off illegal immigrants from our benefits.
Plus she will send all our money to countries for WAR.
We have to raise retirement age regardless. When Social Security started off the life expectancy was 64. We live in a world where the average person spends over 1/3 of his life being taken care of by others. That’s unprecedented.
When Social Security started, there were roughly 70 people paying in for every one person receiving, and on average that person receiving was going to live only about five years.
Today it's closer to five people paying in for every one person receiving, and that person receiving lives on average 20 - 30 years. So all the trends on the expense side of the ledger are bad. And at some point those paying in are going to rebel at the ever escalating taxes needed to keep SS going.
They aren’t allowed to get any benefits
Oh please with your nonsense! Stop believing in liars they have you brainwashed!
We are teetering on disaster.. I'm NON BIDENARY..
Waaaah . guess you were getting pegged during your reply @robyoung-pl1gq
Hahahahahaha TDS @@TrumpCantRead
Trump 2024... California flips?
I love that term, non Bidenary.
@@tp-mh2jito many idiots live in California for that to happen
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I'm liking Kevin O'Leary more and more each time I see him on video.
He’s on a con man my dude
Even if these people made $50 an hour, they'd still need government assistance in Kalifornia.
Only a few would make $50 per hour. The rest would be unemployed. The increases in minimum wage are a driving factor for self checkout groceries, computerized ordering at fast food places, app based ordering, and other pushes toward automating away the traditional cashier jobs. It's cheaper to build a computer system to do these jobs than pay a human $15 per hour. At $50, California businesses would simply collapse.
California is filled with losers they are called Gavin Newsom and democrats and the idiots that voted for them!
It would shut businesses and restaurants down. She is crazy as a loon.
Nobodies pushing 50 bucks an hour just more BS from fox.
Do you mean California the state that subsidizes more red states than any other. Are you kidding me.
50 bucks an hour minimum wage in America's fastest declining city and state. Just one problem: no jobs after employers move or go out of business.
When they raised it to $20 / hour, Pizza Hut fired their drivers pretty fast - they didn't even wait for it to go into effect. Which makes me think @ $50 / hour, plus rampant crime, fast food operators will likely close up shop and make their exit.
Idiots
That is the OBJECTIVE
sounds scary !!!!!!!!
@@wildbikerbill6530are you aware that the chart of California unemployment rates over time does not register raises in the minimum wage? The nonsense about it increasing unemployment is corporate propaganda.
You know, like Fox
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Kevin O'Leary - the voice of reason and sanity.
Politicians are so unbelievably short sighted and ignorant of how the economy/business works.
They create problems so they can launder money.
@@jordan2695 YEAH! WE call them liberal/progressive! Oh and I left out @$$hole! LMFAO and SMH all at the same time!
Regards,
Andy, Annmarie's husband
@@jordan2695 that happens to be blue.
It's all by design, don't fool yourself.
Especially republicans.
Commiefornia is another country. One I'll never go to.
Good... keep this beautiful state for people who appreciate it .
Return commifonia to mexico. Fill it with illegals before the return though
California is filled with losers they are called Gavin Newsom and democrats and the idiots that voted for them!
@@ohanatraders😂😂😂😂 you can have that dumpster!
Thank you.
$50 per hour is not ok for employees,BUT 50 million per year for a CEO is ok
Why not $5million an hour?
Rand Paul would be more than happy to cut spending. Especially money being sent to other countries.
$50. Minimum wage? Absolute nonsense. As wages go up prices go up, so you’ll be no better off. It’s a fools paradise.
It's a fools paradise - that's California!
Higher wages = "no better off" ? interesting concept
@@wildbikerbill6530 fools and smartypants! Paradise has no limits
@@TrumpCantRead Its not "better off" if nobody hires you because there's no demand for your services, or the cost of hiring you is more than the value that those who hire you will get out of you. It's clear that you have never held more than the most menial job, if any. You certainly have never been self-employed, much less run your own business, that's for sure. 😐
@@eastbaykidd8574consumers are job creators.
Higher wages creates more consumption
In some cases, increasing minimum wage has reduced unemployment
My job has had several entry level positions open for a few years now. We've been averaging just 1 or 2 applicants every 3 months. Even harder to get one of those applicants to show up for an interview, and when they do, they literally demand to start at $50.00 an hour.
Friends jobs are experiencing the same thing. Next to no applicants, and the few they get expect $50/hr for positions that pay $16-20/hr to start. They had to close down a couple locations after two years or not being able to hire any new people.
So not sure what businesses are going to do. Either gonna have to start paying up or shutting down.
Idk your work, but mine is offering $22/hr for no high school, no experience, in a mid grade manufacturing job with Union benefits. I really don;t know what people expect.
Wasn't it two years ago they gave a big push for 15 dollars? Holy crap that escalated, good news is the the faster this goes the quicker its finally over with
Let me translate: California Senate candidate calls for economy-melting levels of inflation and the loss of a staggering number of jobs in the state.
This is solely to transfer all low skill jobs to migrants off the books.
yet we remain the fifth largest economy in the world.
explain?
@@TrumpCantRead That economy is quickly disappearing. You seem to have no clue how basic economics work.
@@TrumpCantReadthe decline has already started if you think cali isn’t on the decline you’re wrong . Colorado and Texas are gonna be the next big economies for the US
@@TrumpCantRead Not for long bub 😂😂 Tijuana is coming.
Why is Social Security always running out of money? How come welfare is never running out of money?
SS is always running short because it is not a sustainable program. It started out
that way but quickly lost ground to inflation and demographics. Same for Medicare.
@@edb3877 No government program is sustainable. But this issue can be solved very easily... cut social welfare spending and use it to prop up Social Security.
Social security has been 10 years away from running out of money for at least 35 years.
@@FailsafeZero True, but it's only in the past few years that the amount of Social Security taxes collected did not match the amount of costs of the benefits paid out.
Social Security will always have money, it’s paid for by the current workers after all, the system is currently paying out more than it collects so it’s a simple math problem that it’ll run out in a number of years.
A real danger is the old will vote to increase social taxes to prop the program up.
Instead f sending 200 billion to Ukraine and giving 150 billion to illegals we could have had additional money or social security.
That's too simple dude
how much would a big mac be if they paid people $50. a hour?
My guess would be $40 for a meal I mean I make $20 an hour and I can barely afford to buy a McDonald’s meal for $16.50 so yeah..
A pizza will cost 100 dollars
People will rediscover buying it at the grocery store and cooking it themselves.
Pizza already does cost 100$+
I’m sorry but it’ll have to top $100 to break even
A day's wages for a loaf of bread.
From the book of Revelation.
And they'll use that to justify raising the wage even more.
I wish people would realize, the higher the minimum wage, the higher the cost for goods and services. Don’t people understand why Pizza Hut and other companies are laying off thousands of workers when CA raised the minimum wage to $22?
They never will. They only think THEY will get more money, will keep their job, and prices will remain unchanged. These people don’t live in reality. They are incapable of thinking through the downstream effects and how it will impact them.
AND the lower the value of the dollar.
California is filled with losers they are called Gavin Newsom and democrats and the idiots that voted for them!
I deep down think people know that but they don't care because they feel entitled to the "American Dream". Imo, social media has people thinking they're entitled to a good life and now we're seeing idiotic laws put into place, in certain areas, that enable these people. In life, there has to be poor people, to keep inflation in line, but it's hard for politicians to say that.
California is filled with losers they are called Gavin Newsom and democrats and the idiots that voted for them!
Trump 2024!!! We need to stop illegal alien crime!! We need to feed and house our own homelesss.
Lets just print money and make everybody millionaires
Like its not already happening lol
How about they either STOP treating the Social Security coffers as a private cookie jar and actually INVEST what is there in the friggin market! OR, OR - and this is a crazy idea - STOP FORCING PEOPLE TO PAY INTO IT!
A vast pool of government money. Politicians. And you really expect them to keep their hands off it. Let me guess - you think IQ is your shoe size.
There is no cookie jar. There is nothing there to invest. Current payments are made from current receipts.
@@bb3585 Which is why Social Security is in a bind - people haven't been having kids / making new tax payers in the numbers needed to keep paying the bills. So it ends up being a pyramid scheme where those who got in early do well, but at some point it goes bust and those who come late are left with nothing but a lot of debt to repay.
OR remove the cap that allows folks who make over $160k/year to pay lower percentage than the rest of us
@@TrumpCantRead They don't pay "a lower percentage", once again you have no facts to back up your silly accusations.
Can you imagine getting $50 dollars as minimum wage worker while people who have been working for the company for over 20 yrs are only getting $37.50! Letting government set wages will be the end for everyone!
I can't imagine working for same company for 20 years
@@TrumpCantRead I can't imagine that anyone hiring you would put up with you for 2 months. 😐
Bruh imagine needing to work 20 years to get under 40 an hour. I worked my way up to 40 an hour in like 3 years jumping from company to company which I started at $13 an hour. Never think companies will honor ur loyalty or hardwork.
But you still work for a company zzzzzzzz
Be a man, start a business for yourself.
@@zoomman96 Seems like job hopping is the only way to get a decent raise anymore. Then business owners and managers want to cry about "nobody wants to work anymore" when people keep quitting to start work somewhere else for more pay🤣
O'Leary is becoming more and more likeable as of recent.
When Kevin O’ Leary says California is the worst state, even when compared to New York, that’s saying something!
Absurd. I remember my first time hiring a lawyer in 1980's and she charged $50 and hour and I thought it was absurd at the time. Now California wants that for a guy who washes dishes.
I’m here for it 😂
things change gramps
The moment it gete raise to 50 an hour ? Alot more ppl is gonna get laid off . Lets be realistic a restaurant or diner or anywhere isnt gonna pay 50 an hour for 8 hour shift
@@TrumpCantRead Then I'm glad you will be fine with paying $300/hr to your minimum wage employees in 40 years.
Tourism in California will tank
If you're a family of four and you're on minimum wage, you screwed up.
Why would you have a family of 4 knowing you can only achieve min wage?
Someone for screwed indeed….
That’s half the country knuckle head!
@@Bob-transformations its simple.. because they know that the government and state will be there to give as many handouts as possible.
it's sickening
If you make min wage as single, no problem. You can still invest in yourself to get skills from a vocational school or college. After getting a job with those skills you invested on yourself, the experience you gain and set yourself up for success, you should get a family to help you moving forward. But if you decide to have a family of 4 before you set yourself up for success, then you are putting you and your family in a problem. It is never ok to put others in a bad situation
What is up with that nasty fungus on O'Leary's mouth?
The biggest problem in California right now isn’t the minimum wage, it’s the lack of supply in the housing market.
This can’t be just stupidity. This has to be engineered.
Yes, they are trying to kick all businesses out of the state so they can control everything.
Check out the Cloward - Piven Strategy for a possible motive for this insanity.
💯
It absolutely is planned. Because the people want it because... Whatever reason
@@99killerb ……..well….looks like I’m not sleeping for a month.
After we raise the minimum wage to $50 pr hour, maybe we can pass out unicorns to everyone in California as well.
I say why stop at $50 make it $1000 an hour
@@theblacksectorgod6477 Right? If a little is good, then a lot should be BETTER!
@@theblacksectorgod6477Or why limit immigration to 8 million per year. Why not 1 billion.
I saw a black unicorn once in California.
@@Devilish__ A successful new startup within the past 5 years?
Insanity at its best.
I lived in CA for 10 years and loved every second of it. It has its flaws but my quality of life was through the roof compared to anywhere else I’ve lived.
@alwaysevolving281
where do you live now?
@@gavnonadoroge3092 North Carolina.
I thought that $15.00 per hour minimum wage was going to solve everything
Give them an inch.
In DemoncratWorld, there is never enough.
@@wildbikerbill6530 Give them an inch, they take a furlong.
maybe because of inflation? wtf are they supposed to do if it stayed at 15 and everything else keeps going up?
@@callamastia But democrats say inflation is going down.
Entolling in an Economics 101 class at a community college should be required for anyone running for office.
What’s wrong Kev…..afraid you’ll have to pay a fair wage to your employees.
O'Leary is the voice of reason.
MORE Businesses would close because people would not be able to afford the price of products.
Wages go up, prices go up. Goes without saying.
@@kdh91651 Nope. Wages go up, number of jobs go down and amount of goods and services purchased goes down. Basic economic facts.
MORE people could afford the price of products if they gat wage increases
@@TrumpCantRead Here's a clue for you: ($50/hour) x (0 hours work/week) = $0/week. If you still don't understand, go upstairs and ask Mommy to explain it to you. 😐
@@TrumpCantRead Posts like yours are one of the reasons I miss the ability to give downvotes on RUclips.
I don't have a problem with this, but cut off Federal bailouts! Not another dime to California!
Epic
Wages aren’t the real bottleneck when it comes to California affordability; it’s the lack of infrastructure and the supply of housing that’s making everything so insufferably difficult for people to live.
MR O'LEARY IS A VERY SMART MAN
Tell that to the FX Bitcoin investors who he scammed.
@@Michael-we9vp " ride it out!"
He is a conman but he has an excellent shiny dome
If social security is running out quit giving our money away this Means that someone has misused those funds
"away" to who, old people ?
The world as we once knew it is gone. I'm a 43 yr old man. Farming background and came up eating what we raised as in vegetables and meat. Those days are gone. It's ridiculous how bad the world is now. I'm raising kids in this crap hole world.
Everything is about perspective my friend, Viktor Frankl found joy in worse times than these, just don't be a cry baby. Your kids will hear you and become the same crying loser you are
The government need to STOP spending money they don’t have!
Close the fking border!! That's a start. And deport illegals. Will save billions that can be spent on AMERICANS in need.
There’s no way in hell that minimum wage employees will add $50 an hour of value to any product or service. It’s as simple as that.
It's not a serious proposal, was only for the Bay area, and it came from someone who is only a candidate trying to make headlines. Instead, she gives Fox red meat to paint everyone left of Trump am economic fool.
Yes they will and do. But yes some useless jobs won't exist anymore. Like sign spinner.
No, but they'll add numbers to the voting roles.
@@renesanchez2210I've only seen one regular sign spinner at the same business several times a year. It will affect maybe 5 people in total who will lose their job if that position was cut out.
The more you pay them the more they fell like NOT screwing around. A job with a good pay is not something you find these days.
Companies that pay more tend to ask more of you and are more picky in their choices.
That should be the minimum wage in NYC.. The cost of living in NYC is getting truly out of hand.
“Democrat congresswoman confused why every business closed and the power was off after $50/hr minimum wage hike”
How about make these politicians pay into Social Security then they would never mess with it
These government agencies should be doing everything to get companies to bring down their prices, not to increase wages, because that does nothing but make them increase prices even further. Politicians should have never dipped into social security for other trash.
The best way to bring down prices is for the state govt to keep their nose out of the private sector.
Social Security is/was supposed to support the retired workers, not anyone or everyone that comes along! The one positive was that my mother did get some money for my sister and I after our father died when I was three years old.
How does that work, guy? You can't see how that disaster will play out?
California is filled with losers they are called Gavin Newsom and democrats and the idiots that voted for them!
can't "increase prices" beyond what market will bear
Imagine thinking you're worth $50 an hour to mess up my McDonald's order 😂
As a Californian Democrat....I agree with his last statement. I'm so disappointed with how the state/major cities are run.
Where is the $ 5.00 foot long subway sandwich ? !
4.49 and get rid of the penny
Look what the $15 minimum did to the fast food prices- overnight !
please pass this so we can see everybody getting fired and every business leaving california
PLEASE PASS THIS
For those thinking 50$ is just a “ploy” everyone thought the fast food worker laws was just a ploy too.
Kevin O'Leary tells the truth. Thank You, Kevin for being America First.
@@user-fo6tk1dw2l The rich are now supposed to be our idols?
It's not hard to do.
Yeah the ftx spokesman is truthful
Kevin is a smart guy, but I’m pretty sure he’s money first
I know! It's so hilarious considering the original comment. The guy lives in the Georgian Bay area of Ontario. @@user-fo6tk1dw2l
They refuse to realize that the higher the minimum wage the higher the prices of everything you want to buy.
All salaries and prices would rise by a multiple of 4 vs today. Right back to Square One, but also lots of jobs would be gone at the low end of the spectrum.
Theyre too dumb to realize.
How much money per hour do you make Mr. O'Leary? I understand $50 an hour is ridiculous but, salaries of CEO's and corporate have been ridiculous for years now. The elites need to take a pay cut. You dont need a CEO or corporate to run a burger joint.
Like McDonalds? Umm, yes you do. That’s like saying we don’t need a president. Corporations are incredibly complex and need smart people steering them in the right direction. No corp functions without it c-suite
Exactly
It was already absurd that fast food workers are going to get $20 p/h this year. And now they want an increase to $50? Ridiculous. The inflation it'll cause will be insane.
My late father saw this coming to California back in the 1960s - his Great grandfather was one of the wealthiest businessmen and land owners in San Francisco - and the family thrived there. When we were kids my dad sold out, packed all of us up and left - 1966. Wow, was he right.
I'm a race car driver and an astronaut!
My dad cured cancer !
My grandfather was HG Welles !!!
@@TrumpCantRead You're a troll.
Where did your family move to?
@@fromtheflightdeck252 - first to Seattle (1966) - then spread out 10 years after that.
If he did see it coming.he was SMART
The fact we are even talking about $50 minimum wage shows we haven’t even go to the reality that minimum wage should be abolished all together.
Kevin this best. He's real and just that guy. So smart man
The president of the U.S.A., Larry Fink, knows what he is doing.
Kevin is a very intelligent man. Perhaps the California governor could learn from him. I doubt it though.
Not a chance
Kevin is selfish
@@TrumpCantRead And you're clueless.
Selfishness built the nation's economy. Not taxes.@@TrumpCantRead
So 3 years ago were were fighting for $15. Now they want $50. That world be a $106k , 6 figure for flipping burgers that nobody would buy anymore. AMERICA, WAKE UP !!
The more you give in, the more they take out...
After taxes it’s only about 83k a year that is still poverty in California when homes that are falling apart cost millions of dollars your 83k is nothing
@@Jenkmode89 what company can pay 10-20 employee's $50 an hour?????
Uh, sir, the lawn will now cost $2,000 a week to cut..
@@thedbcooperforum I didn’t say they could afford it. All I said was 50 an hour is still poverty in California
@@Jenkmode89 I didn't say you did?
It's like they thinking raising minimum wage to 50$ won't raise the cost of living there. What kind of clown world are these people living?
Miniunum wage was not designed to support a family.
What was it designed for,then?
The letter I got from the SSA moved my eligibility to 72 years now for full benefits. Each year I get close to retirement they push it out several more years. Physically I won't last that long, but that's what they are hoping for so they don't have to pay back what they took.
This isn't true at all. You can take SS much sooner than that. And you shouldn't rely on SS for retirement. You better have a pension and/or 401k/IRA.
@@robloxvids2233 Of course you shouldn't rely on SS for retirement. But that doesn't change his point that they took his (and my) money, and now their only goal is to make sure they never have to give it back. And he did say 'full benefits' so you responded without reading carefully.
Thank your ancestors honestly. They should have pulled the community together and helped the widows etc... but no SS was the ticket. And then your generation just didn't fight it. The next generation already isn't relying on it. We are just paying for y'all HEAVILY. SOCIALISM NEVER WORKS
You'd be insane to think paying a grill cook $50/hr will NOT cause the food he is cooking to be more expensive...
You're insane if you think yearly bonuses paid to management doesn't make the food the works cook more expensive
@@TrumpCantRead Feel free to present some numbers based on a real fast food business if you think that $50/hour is a viable proposition. How many hours of labor are used on a typical weekday at your local McDonalds or Taco Bell or KFC? How much more will each employee cost in terms of unemployment, worker's comp, insurance etc? How much food is prepared, and what does it cost? How much is rent/lease, utilities and insurance for the building? What's the interest payment on capital investments? Franchisee payments to company corporate? Take that number and compare it to your average daily revenue? Go ahead, there are plenty of sources out there. Let's see your numbers work out, OK?
@@TrumpCantRead Some people are paid based on performance, not now many hours they have on a timecard. Something tells me that you don't know much about how business works, not that it would stop you from posting your silly drivel.
@TrumpCantRead I take it you don't have much experience with business?
@@TrumpCantRead It doesn't. They gotten those bonuses for a LONG time, and the food has traditionally always been dirt cheap. Reason being, like it happening or not, the bonuses come from the revenue already generated by the business. They don't take the bonus from their annual budget ya goon.
So the price of a gallon of milk will be up to what . . . $30? Bread will be $40 a loaf?
I'd feel like I'm in Zimbabwe 😂
Ridiculous. And a month after the $50 minimum wage goes into effect, suddenly one bedroom apartments become $10,000 a month to rent, and a happy meal at McDonalds will be $150. Just increasing the “number” of what people are paid won’t fix the problem if we don’t address the real issue, the income versus cost ratio. Also known as inflation. Keep wages where they are but we need to find ways to make everything more AFFORDABLE.
If this happens every restaurant and fast food place will close. It will also drive other businesses out. It will continue to drive people out of COMMIfornia. I got out 10 years ago. Very good move.
Start paying your nurses and police and fire fighters decent wages first! This is insane!
people flipping burgers making more than people who risk their lives or skilled jobs. it sounds like democrats.
If McJobs pay $50/hr, RNsLPNs/CNAs will need $300/$$150/hr. Everybody better be willing to take elderly nursing home residents into mansions' spare rooms and pay help to care for them.
California is filled with losers they are called Gavin Newsom and democrats and the idiots that voted for them!
Teachers too!
This is called Democrat Equality!
Wooow the guy who's failed at making money and only succeeds through crime and description doesn't want fair pay for people?
I'm shocked
I’d vote for Kevin O’Leary.
How can it be running out of money for social security but we never run out of money for Welfare and free health care for Illegals?
🤔
Minimum wage is not meant to be a living wage, its meant to be a starting wage for those entering the workforce with minimal skills!!!!....If they increased minimum wage to $50/hr...that would mean ALL prices would need to double or triple to pay for that wage leaving the people in the same financial place.....here is an idea, lets open the boarders, allow those people to come in and work for less than the average person forcing the wages down so everyone will be homeless!
Where does it say min wage is not mean to be a living wage?
where does the Constitution state : "Minimum wage is not meant to be a living wage," ?
@@Saberwolves84 Ever heard of COMMON SENSE?
@@TrumpCantRead Where does the Constitution say anything about regulating wages?
@@Saberwolves84 What makes you assume that it is, or should be?
Of course someone who exploits workers to stay rich wants to ensure the minimum wage is as low as possible
Yep
WoooHoooo!!! This roller-coaster is INSANE!!!! 🎢
It's clearly their lying about low unemployment rate. Seem like all my neighbors either the wife or husband have been laid off in last 4 months.
If you listen to the Fed chair meetings, they have been basically saying they want the job market to have higher unemployment for several months now. It’s still at an all-time high in terms of job, market, participation.
"It's clearly their (...) last 4 months."
Unemployment is not the same as joblessness. There are different definitions.
Wait, the video i saw wasn't satire or 1 crazy lady saying $50 an hour minimum wage? Holy crap that's insane and not feasible at all!!!!!!
Yup that's the video... I thought it was just nuts and thought nothing of it
oh no!!!!!! A person with an opinion of an opinion!!!!!!!!!