Analyzing A Practical Minimum Wage

[Iceweasel]

That's an assertion, not a fact. I don't know anyone that can afford to pay start up employees 22/hr. Except government, but they don't have to produce results.

Employers were able to in the past. What changed?

I could easily pay $22/hr for a counter clerk, if that were min wage across the board, for one simple reason. Market liquidity. More money in the pockets of workers means more spending. More customers spending more means greater profits for my business that would far exceed doubling one single business expense.

Sounds good. Pay entry level employees $500/hr and go up from there. The economy will skyrocket!

 

[Jackinthebox]

The American way is you work to pay your own bills.

Exactly. So why would you argue in favor of socialized labor for private business? This isn't about handouts, this is about an honest day's wage so that people are not FORCED to get foodstamps to put food in the table, even though they get up and go to work every day, just like everyone else.

And if you think that more than doubling labor costs for businesses that rely on low skill workers won't increase prices then you're even more of an idiot than I thought

You don't understand the most very basic concepts like market liquidity, and you call me an idiot.

All historical data proves just the opposite of you what you are saying for one thing. The value of a product has NEVER been determined by labor cost.

 

[Jackinthebox]

Says you.

You get paid for the skill your job requires. Stuffing burgers in a bag takes no skill so your pay reflects that.

If you want higher pay then make yourself more valuable.

First, even a job with minimal skill should pay a person enough to stay off of welfare. There is no reason why I should be subsidizing the labor costs of a private company.

Second, "stuffing burgers" as you call it, does actually take skill. Fast food is the new American manufacturing. It is a hot, dirty, hectic, stressful environment requiring skills in customer service, cash control, technical equipment, and knowledge of health regulations.

Third, there are many people with a college education meant to make themselves more valuable, who are stuck working as a cashier at ChinaMart.

 

[Iceweasel]

All historical data proves just the opposite of you what you are saying for one thing. The value of a product has NEVER been determined by labor cost.

LOL. How many years have you been in business?

 

[Jackinthebox]

What this sheep don't understand is that no one who ever achieved anything ever worked only 40 hours a week.

Well you certainly aren't going to accomplish anything if you have to work 80 hours a week just to keep the lights turned on.

 

[Jackinthebox]

Cell phones are not a necessity and if you really need one you certainly can get by with a cheapo flip phone and pay as you go. But you idiots think everyone needs an I phone with a 100 dollar a month data plan

The budget outlined in the OP does not call for an iPhone with a $100 a month data plan.

 

[Jackinthebox]

I just can't get interested in tedious debates over what's necessary to live on or what people "deserve" to make. In terms of minimum wage laws, the question that matters is whether we're going to let government be in charge of deciding how much we pay each other.

You can either let the government decide what the ACTUAL minimum standard is for a worker to get by, or you can let the government continue to pay the labor costs for private industry through welfare subsidies.

 

[Iceweasel]

Says you.

You get paid for the skill your job requires. Stuffing burgers in a bag takes no skill so your pay reflects that.

If you want higher pay then make yourself more valuable.

First, even a job with minimal skill should pay a person enough to stay off of welfare. There is no reason why I should be subsidizing the labor costs of a private company.

I agree. And that's why Republicans finally finally got Bill Clinton to sign welfare reform. It worked!

Second, "stuffing burgers" as you call it, does actually take skill. Fast food is the new American manufacturing. It is a hot, dirty, hectic, stressful environment requiring skills in customer service, cash control, technical equipment, and knowledge of health regulations.

Third, there are many people with a college education meant to make themselves more valuable, who are stuck working as a cashier at ChinaMart.

Too bad they wasted their money on some stupid liberal arts degree. But the professors thank them from their ivory towers. The fact that you think fast food work is skilled labor explains why you want government to lean on companies to pay more. Real skilled work commands higher wages. True story.

 

[Jackinthebox]

All historical data proves just the opposite of you what you are saying for one thing. The value of a product has NEVER been determined by labor cost.

LOL. How many years have you been in business?

All my life, in one way or another.

 

[Iceweasel]

I just can't get interested in tedious debates over what's necessary to live on or what people "deserve" to make. In terms of minimum wage laws, the question that matters is whether we're going to let government be in charge of deciding how much we pay each other.

You can either let the government decide what the ACTUAL minimum standard is for a worker to get by, or you can let the government continue to pay the labor costs for private industry through welfare subsidies.

Bzzzzzt wrong. You forgot to look behind door number three. Quit handing out other people's money to the able bodied. Socialists always overlook that one.

 

[Iceweasel]

All historical data proves just the opposite of you what you are saying for one thing. The value of a product has NEVER been determined by labor cost.

LOL. How many years have you been in business?

All my life, in one way or another.

Which means never. No business person says 'one way or another'.

 

[dblack]

I just can't get interested in tedious debates over what's necessary to live on or what people "deserve" to make. In terms of minimum wage laws, the question that matters is whether we're going to let government be in charge of deciding how much we pay each other.

You can either let the government decide what the ACTUAL minimum standard is for a worker to get by, or you can let the government continue to pay the labor costs for private industry through welfare subsidies.

Nonsense. We're not limited to your shitty choices. You don't really understand how relative value works in a free market, do you? It's decided by the market, not by government. laws dictating wages and prices can only disrupt things for awhile. They won't change how much we value the jobs that people do. Again, the fact that you don't get this very basic reality of economics, makes your claims of being a business person dubious at best.

 

[Jackinthebox]

I agree. And that's why Republicans finally finally got Bill Clinton to sign welfare reform. It worked!

It worked so well that private industry now enjoys mandated socialized labor. Good job.

 

[Jackinthebox]

Too bad they wasted their money on some stupid liberal arts degree. But the professors thank them from their ivory towers. The fact that you think fast food work is skilled labor explains why you want government to lean on companies to pay more. Real skilled work commands higher wages. True story.

 

[dblack]

I agree. And that's why Republicans finally finally got Bill Clinton to sign welfare reform. It worked!

It worked so well that private industry now enjoys mandated socialized labor. Good job.

That can, and should, be corrected.

 

[Jackinthebox]

Bzzzzzt wrong. You forgot to look behind door number three. Quit handing out other people's money to the able bodied. Socialists always overlook that one.

An honest day's wage is not a handout. Using welfare labor to pad my profits, that's a handout.

 

[Jackinthebox]

All historical data proves just the opposite of you what you are saying for one thing. The value of a product has NEVER been determined by labor cost.

LOL. How many years have you been in business?

All my life, in one way or another.

Which means never. No business person says 'one way or another'.

Lol. You want an itemized list of my business accomplishments?

 

[dblack]

Bzzzzzt wrong. You forgot to look behind door number three. Quit handing out other people's money to the able bodied. Socialists always overlook that one.

An honest day's wage is not a handout. Using welfare labor to pad my profits, that's a handout.

What does "honest day's wage" mean? You use welfare labor to pad your profits? You should stop that.

 

[dblack]

All historical data proves just the opposite of you what you are saying for one thing. The value of a product has NEVER been determined by labor cost.

LOL. How many years have you been in business?

All my life, in one way or another.

Which means never. No business person says 'one way or another'.

Lol. You want an itemized list of my business accomplishments?

Would that list be as ridiculous as the arguments you've been making here?

 

[Iceweasel]

I agree. And that's why Republicans finally finally got Bill Clinton to sign welfare reform. It worked!

It worked so well that private industry now enjoys mandated socialized labor. Good job.

Wrong again. Keep slinging shit, maybe something will stick.