BC BUSINESS
Saved by @jacobhtml

This is a GREAT argument to pull up when talking to people about minimum wage. Some others nested below

 A large number of new jobs being created are minimum to low wage, so looking for a new job generally won’t increase pay.
Raising minimum wage helps things not directly related.

Helps Infant mortality? Yup.

Lowers Suicide? Yup.

Reduce smoking rates? You bet.
It also boosts the local economy! Minimum to low wage earners spend more % of their money, so an increase means more is spent, often in community!
Low paying jobs are often in sectors which would gain from this. More people spending money in your shop makes your business more money! Now you have more profits and increased labor costs are covered.
There have been something like 23 minimum wage raises in US history, and none have caused any increase in the inflation rate.
It isn’t only wage for high schoolers. Many businesses are actually *open during school hours*. Who is making your lunch? An adult worker on minimum wage. 24/7 gas station? They are usually making minimum to near min wages.
This is millions of workers.
There’s no evidence prices would rise by any noticeable measure because of this to cover costs. As noted above: profits will rise. Also, looking to areas with $15+min wage, or countries outside USA with the same, there’s similar prices to most items.
On top of infant mortality and suicide rates, an increased minimum wage also helps people be healthier! They’re more likely to (be able to) eat well, see the doctor, sleep well, reduce stress and generally take care of themself!
We can’t separate this argument from racism! Increasing the minimum wage manages to help almost 40% of black workers, while it would help 23% of white workers.
Black & latinx workers are also more than 50% more likely to occur wage theft, specifically with non-citizen black women *370%* more likely to experience this than a white male.
370%!!!
An increased minimum wage could also help fund many of the programs we need to help our brothers & sisters in need. This is taking many people off of welfare who only need it because of starvation wages, opening these funds up to others who need it.
Increasing minimum wage for tipped employees would end the racist practice of tipping, and move the burden of paying employees onto the company, where it belongs.
Raising the minimum wage to $15(or more please) would lift almost a million people out of poverty* and help 17 million people directly.

*(poverty line is calculated poorly, it would realistically be way more than this)
(Sources available upon request for any objective claim made above. Also very easy to find.
You only don’t want to raise minimum wage for bad faith reasons.)
#FightFor15 #MinimumWage #RaiseTheWage #raiseminimumwage
#LivingWage
@threadreaderapp unroll

More from Business

PePe Le Q
PePe Le Q
@Pe_Pe_Le_Q
So while America was forced into a high percentage of unemployment, billionaires in America made 406 billion from their “essential” businesses.

I wonder how much came from the

Funny, this transfer of wealth from the poor citizens to the rich billionaires aided by lockdowns and tyrannical governors wasnt just isolated to America. Australia billionaires seemed to amass much wealth during a time record number of businesses
BUSINESS
Kostas on FIRE \U0001f525
Kostas on FIRE 🔥...
@itsKostasOnFIRE
The Mother of All Squeezes

How Volkswagen went from being on the brink of bankruptcy to the most valuable company in the world in two days

/THREAD/


1/ At the peak of the 2008 financial crisis, Volkswagen was considered a very likely candidate for bankruptcy.

Heavily indebted and already financially struggling before 2008, with car sales expected to plummet due to the ongoing global crisis.


2/ With GM and Chrysler filing for bankruptcy in 2009, shorting the VW stock would seem a safe bet.

If you are not familiar with stock shorts and short squeezes check my thread


3/ On October 26, 2008, Porsche announced it had increased its stake at VW from 30% to 74%.

This was a surprise to many who were led to believe that Porsche wasn't planning a takeover of VW, based on the company's announcements.


4/ Before the announcement, the short interest was approximately 13% of the outstanding shares, a number considered relatively low.

Porsche had a 30% stake, the Lower Saxony government fund held 20% of the shares, and another 5% was held by index funds.
BUSINESS
Advertisement
Andrew John Rainnie \U0001f3f4\U000e0067\U000e0062\U000e0073\U000e0063\U000e0074\U000e007f #amwriting
Andrew John Rainnie 🏴󠁧...
@AndrewRainnie
Over the last week, I've been blocked by various people, including an MSP, for allegedly being a conspiracy theorist, trying to sow division within @theSNP and #indy ranks.

Nothing could be further from the truth. I want independence for Scotland, plain and simple.

But I still have the right to challenge people if I think something is wrong, legally or morally, as recent events within the SNP seem to be.

But anyway, I'm not talking about that. Today I'm looking at the @NowScotlandNow logo.

I'm not a fan. Just to be clear, I want Scottish Independence. But the logo for the new organisation, unfortunately, doesn't work as well as the previous YES ones. It's a mix of the colour and the font used, which presumably is referencing Charlies Rennie Mackintosh.


The italics and thin font means it doesn't stand out. Plus, I associate Mackintosh more with Glasgow than Scotland as a whole. So I took some of the elements of the last two and looked at alternative fonts (that are all free BTW)

This font is called ChuckFive. It's big, bold and brash and you can read it a mile off.
BUSINESS
Eric Rego
Eric Rego
@EricRego8
@this_the_burner @typesfast Yes. Worked for a company who leased floor space to a supplier so they could put in a cage to hold inventory. When the goods passed through the door in the cage to the assembly line, the supplier was paid.
BUSINESS
Irina Tsukerman
Irina Tsukerman
@irinatsukerman
Thread:
An explosive new criminal complaint against Martin Inacker, the former CEO of @wpmeurocom in #Germany shows Inacker potentially double crossing his #Saudi clients by colluding with #Qatar to cover up Doha's #Hezbullah's sponsorship in exchange for hush money.


According to the complaint, Inacker had kept the terms of his initial agreement with the #Saudi Ministry of Information (following his work with the Saudi Embassy in Berlin) secret from @wmpeurocom 's Board of Directors.

He had used unethical methods to promote a hyperbolized, if not outright mendacious, brochure that was supposed to improve the image of #KSA and the royal family. He had promised a list of high level political and business context to the Saudis as part of his business.

A strategy paper developed by Inacker was leaked to the papers showing unethical, and possibly illegal pressure on ten journalists to switch their "tone" on #KSA as a result of Inacker's lobbying efforts.

However, despite throwing these journalists under the bus, by his own admission Inacker did not appear to have succeeded in pressuring them to "switch their tone". This shows Inacker's duplicity: 1) he lied to his Saudi clients about his alleged success.
BUSINESS

You May Also Like

Vibhu Vashisth \U0001f1ee\U0001f1f3
Vibhu Vashisth 🇮🇳...
@VIBHU_Tweet
Did you know?

Rani Bhabani was the Queen of Natore, Bengal or 'Natorer Rani' as she was famously called. She made great contributions in Tarapith & renovated Benaras.

In Varanasi, Durga Kund Mandir was constructed by Rani Bhabani in the 18th century.


Born in Chhatimgram village, Bogra District,Her father's name was Atmaram Choudhury.Bhabani was married off to Raja Ramkanta Moitra,the then zamindar of Rajshahi.After his death, Bhabani became the zamindar, and started being referred to as Rani.She was known as Ardhabangeshwari.

A woman as a zamindar was extremely rare in those days, but Rani Bhabani managed the vast Rajshahi zamindari most efficiently and effectively for over four decades.
Maharani Bhavani was very pious in her personal life. She passed her life in a strict disciplined way.


She conducted the administrative work skillfully. As a Maharani she was an impartial judge. Rani Bhavani had a very hard time during the fag end of her life. The Zamindari (estate) incurred serious loss due to the change of the revenue policy of the company.

In spite of being the owner of a large Zamindari (estate), she had to depend on the stipend of the government in the later part of her life. The amount of this stipend gradually decreased and became Rs. 1000/- only in the end.
ALL
SK
SK
@sk_diary1
Prasanna Venkatesa Perumal #temple -Gunaseelam,Near Trichy,TN #Thread

Gunaseela Mahatmyam,a chapter of Bhavishyottara Purana describes greatness of this place.

Venkatachlapathi of Tirumala Tirupati appeared b4 Gunaseela Rishi here,so Gunaseelam is known as Ten(South)Tirupati


Prasanna Venkatesa Perumal is in a standing posture with 4 arms holding sankha & chakra in the upper hands.The lower right hand is in abhaya pose,blessing devotees &left hand is in kati hasta,resting on waist.

A sceptre(senkkol)rests on right shoulder,with which this murti is believed to cure people affected by mental illness.These patient stay here for a period-48 days& participate in poojas&most of them get relieved of their problems.There is a temple run Mental Rehabilitation center

#storytimethread -As per Sthala Puranam,existence of this temple is due to efforts of Gunaseela Rishi, a disciple of Thalpiya Maharishi.
Thalpiya Maharishi along with his disciple Gunaseela Rishi once went to Himalayas.On his way back, Gunaseela Rishi stayed back at Tirupathi.


He was so wanted to have darshan of Venkatachalapathy in Gunaseelam near his asharam & bless the devotees.

He came back, bathed in the Cauvery,took blessing from his guru &undertook severe penance here in his ashram in Gunaseelam.
RELIGION
Advertisement
Sumit Grrg
Sumit Grrg
@sumitgrrg
These 10 threads will teach you more than reading 100 books

Five billionaires share their top lessons on startups, life and entrepreneurship (1/10)


10 competitive advantages that will trump talent (2/10)


Some harsh truths you probably don’t want to hear (3/10)


10 significant lies you’re told about the world (4/10)
ALL , MOTIVATION , BOOKS
Vibhu Vashisth
Vibhu Vashisth
@VIBHU_Tweet
RANI NAIKI DEVI AND THE BATTLE OF KASAHRADA

Mohammad Ghori, the young Ghurid Prince conquered Ghaznavids in Afghanistan in the year 1173 CE. He conducted some successful raids into the Indian territory, which even Mahmud Ghazni & the Persians couldn't do.


First&foremost,Ghori invaded states of Multan &Uch in India.After this he turned to southern states of Gujarat &Rajputana.Everybody knows this about Ghori,but what most pple r unaware of is the defeat he suffered at hands of Chalukyan Queen Naiki Devi in 1178 Battle of Kasahrada.


When he marched southwards, his first target was the prosperous fortified town of Anhilwara Patan.
It was the capital of Chalukyas(also known as Solankis of Gujarat) which was established by Vanraj of Chapotkata Dynasty in 8th century.


American historian Tertius Chandler states that it was the 10th largest city in the world at that time. The history of Chalukyas has been written by many historians, but the valour of the Great Queen Naiki Devi remains unsung.


Born to the Kadamba King Paramardin of Goa,Naiki Devi was well trained in sword fighting, horse riding, strategy & every other subject of Statesmanship. She was married to King Ajaypala of Gujarat who sat on throne in 1171CE. Unfortunately,the King died within 4 yrs of his rule.
ALL
Anu Satheesh
Anu Satheesh
@AnuSatheesh5
Guruvayur Sri Krishna & Coconut with Horns.
#Krishnaleela
#Bhakthi
🕉
We’ve all grown up listening to stories of Shri Krishna. This one is a famous story of Shri Krishna in Guruvayur Temple, also called Dakshina Dwaraka.


There lived a villager who planted coconut saplings and had promised that he would offer the 'first coconut' from each of his coconut trees to "Guruvayurappan". When the trees started to yield coconuts, he collected the first coconut from all the trees in a sack 👇


and set forth to Guruvayur.

On the way he was stopped by a robber who asked all the items in the sack. The villager told the robber that the coconuts in the sack belonged to Guruvayurappan and so he was unable to hand it over.
@SriramKannan77 @Jayalko1


The robber with anger asked the villager "Is Guruvaurappan's coconut any different? Does it have horns ?".
Saying so the robber pulled the sack forcefully out of the villager's hand, and coconuts came out..👇


To their astonishment each and every coconut in the sack had horns! Even today, the coconut with horns are displayed in the temple for devotees to see.

Below Picture is not original, as we cannot take photos inside temple.
Hare Krishna
Guruvayurappa
🕉🕉🕉🕉🕉
Shubham
ALL