Minimum wage increases, jobs decrease

[usmbguest5318]

Only because the ceo and board take the majority of the profit and leave very little for anything else(workers). What we need more then the minimum wage is some sort of law to limit the percentage that they can take of this profit and instead aim the resources back to the workers.

You do know that the vast majority of businesses don't have boards and CEOs and that they run on pretty low profit margins don't you?

No, of course you don't because you have never run a business

Give us a figure. What do you consider a low net profit margin?

Anything under 15%

wow! I would love to earn 15% profit day in and day out....!

The corporations I worked for were content with 5%....Walmart is content with 4%... and had been running in the 3.7% range

I am presuming smaller businesses, with lower gross sales is why 15% is not as high as it seems to me...???

You cannot compare a public company with tens of thousands of employees with your average small business.
The average small business has 5 employees and gross revenues of less than 2 million a year.

• Small Business at a Glance
  
  • The average annual revenue of a small business is $3.6 million.
  • The average annual revenue of a small business with a website is $5.03 million.

 

[danielpalos]

Only because the ceo and board take the majority of the profit and leave very little for anything else(workers). What we need more then the minimum wage is some sort of law to limit the percentage that they can take of this profit and instead aim the resources back to the workers.

You do know that the vast majority of businesses don't have boards and CEOs and that they run on pretty low profit margins don't you?

No, of course you don't because you have never run a business

Give us a figure. What do you consider a low net profit margin?

Anything under 15%

Well, there's some mighty profitable industries running at less than 15% net profit. Indeed, 6.4% is the average across all sectors in the U.S. economy. Even highly profitable software companies average "only" around 12%-13%. Suffice to say that a company - large or small - that matches the industry average should do fine.

Son't lump all business with small business
small businesses will be most impacted by MW hikes just like small businesses bear the brunt of the cost of regulations

like the poor; what a concept.

 

[danielpalos]

Libs never learn. They pretend that they are going after the wealthy to help the little guy. What they are continuing to do is kill small businesses and make more jobs disappear. Some small businesses simply can't handle the increase in wages as they are barely getting by as it is. Libs are either idiots or they really do want to kill businesses. Many small business have closed their doors since Obamacare became law. All their policies hurt the middle class. Obamacare, minimum wage increases and over-regulation ensure that the little guy can't compete with the big companies.

First, they killed the middle class jobs that did pay better than minimum wage. People had a chance to move up. Those that lost their good jobs ended up with either part time jobs or minimum wage jobs. Despite a much lower standard of living for many, libs still call their policies a success. I guess that's true if your idea of success is killing capitalism.

Minimum wage jobs have always been starter jobs for teens. It's sad when these fast food jobs are the only ones some adults even qualify for since they lack education and experience. Of course, thanks to liberal policies, many are vying for these jobs because that's all they can find these days. Now, there will be much less of them because small companies can't survive the left's policies. Only in liberal minds is no job better than a lower paying one.

California Raised Minimum Wage On Jan. 1, This Happens RIGHT AFTER...

And costs of good/services inflates.....

But the amount required for income subsidies for the working poor goes down. Fewer government workers are required to process applications for food stamps, EIC's, and other government program applications, so government shrinks.

Aren't these the primary goals for conversatives - let everyone take care of themselves and let the chips fall where they may; no government handouts? Why isn't this true for corporations? If these companies need subsidies to pay their workers, they don't deserve to be in business. You oppose welfare for individuals, but not corporations. Why?

the right never recognizes natural rights, unless there are plenty of guns involved.

 

[owebo]

Libs never learn. They pretend that they are going after the wealthy to help the little guy. What they are continuing to do is kill small businesses and make more jobs disappear. Some small businesses simply can't handle the increase in wages as they are barely getting by as it is. Libs are either idiots or they really do want to kill businesses. Many small business have closed their doors since Obamacare became law. All their policies hurt the middle class. Obamacare, minimum wage increases and over-regulation ensure that the little guy can't compete with the big companies.

First, they killed the middle class jobs that did pay better than minimum wage. People had a chance to move up. Those that lost their good jobs ended up with either part time jobs or minimum wage jobs. Despite a much lower standard of living for many, libs still call their policies a success. I guess that's true if your idea of success is killing capitalism.

Minimum wage jobs have always been starter jobs for teens. It's sad when these fast food jobs are the only ones some adults even qualify for since they lack education and experience. Of course, thanks to liberal policies, many are vying for these jobs because that's all they can find these days. Now, there will be much less of them because small companies can't survive the left's policies. Only in liberal minds is no job better than a lower paying one.

California Raised Minimum Wage On Jan. 1, This Happens RIGHT AFTER...

And costs of good/services inflates.....

But the amount required for income subsidies for the working poor goes down. Fewer government workers are required to process applications for food stamps, EIC's, and other government program applications, so government shrinks.

Aren't these the primary goals for conversatives - let everyone take care of themselves and let the chips fall where they may; no government handouts? Why isn't this true for corporations? If these companies need subsidies to pay their workers, they don't deserve to be in business. You oppose welfare for individuals, but not corporations. Why?

the right never recognizes natural rights, unless there are plenty of guns involved.

You mean natural rights?

 

[danielpalos]

Only because the ceo and board take the majority of the profit and leave very little for anything else(workers). What we need more then the minimum wage is some sort of law to limit the percentage that they can take of this profit and instead aim the resources back to the workers.

You do know that the vast majority of businesses don't have boards and CEOs and that they run on pretty low profit margins don't you?

No, of course you don't because you have never run a business

Give us a figure. What do you consider a low net profit margin?

Anything under 15%

wow! I would love to earn 15% profit day in and day out....!

The corporations I worked for were content with 5%....Walmart is content with 4%... and had been running in the 3.7% range

I am presuming smaller businesses, with lower gross sales is why 15% is not as high as it seems to me...???

You cannot compare a public company with tens of thousands of employees with your average small business.
The average small business has 5 employees and gross revenues of less than 2 million a year.

more efficient firms can do it with less people.

 

[danielpalos]

Libs never learn. They pretend that they are going after the wealthy to help the little guy. What they are continuing to do is kill small businesses and make more jobs disappear. Some small businesses simply can't handle the increase in wages as they are barely getting by as it is. Libs are either idiots or they really do want to kill businesses. Many small business have closed their doors since Obamacare became law. All their policies hurt the middle class. Obamacare, minimum wage increases and over-regulation ensure that the little guy can't compete with the big companies.

First, they killed the middle class jobs that did pay better than minimum wage. People had a chance to move up. Those that lost their good jobs ended up with either part time jobs or minimum wage jobs. Despite a much lower standard of living for many, libs still call their policies a success. I guess that's true if your idea of success is killing capitalism.

Minimum wage jobs have always been starter jobs for teens. It's sad when these fast food jobs are the only ones some adults even qualify for since they lack education and experience. Of course, thanks to liberal policies, many are vying for these jobs because that's all they can find these days. Now, there will be much less of them because small companies can't survive the left's policies. Only in liberal minds is no job better than a lower paying one.

California Raised Minimum Wage On Jan. 1, This Happens RIGHT AFTER...

And costs of good/services inflates.....

But the amount required for income subsidies for the working poor goes down. Fewer government workers are required to process applications for food stamps, EIC's, and other government program applications, so government shrinks.

Aren't these the primary goals for conversatives - let everyone take care of themselves and let the chips fall where they may; no government handouts? Why isn't this true for corporations? If these companies need subsidies to pay their workers, they don't deserve to be in business. You oppose welfare for individuals, but not corporations. Why?

the right never recognizes natural rights, unless there are plenty of guns involved.

You mean natural rights?

see what i mean. you must be on the right.

 

[Skull Pilot]

You do know that the vast majority of businesses don't have boards and CEOs and that they run on pretty low profit margins don't you?

No, of course you don't because you have never run a business

Give us a figure. What do you consider a low net profit margin?

Anything under 15%

wow! I would love to earn 15% profit day in and day out....!

The corporations I worked for were content with 5%....Walmart is content with 4%... and had been running in the 3.7% range

I am presuming smaller businesses, with lower gross sales is why 15% is not as high as it seems to me...???

You cannot compare a public company with tens of thousands of employees with your average small business.
The average small business has 5 employees and gross revenues of less than 2 million a year.

• Small Business at a Glance
  • The average annual revenue of a small business is $3.6 million.
  • The average annual revenue of a small business with a website is $5.03 million.

bullshit

A small business with less than 10 employees does not have a revenue of 3.6 million and that figure does not take expenses into account

Once again we have the problem of calling businesses with 500 employees "small"
Using that arbitrary 500 employee mark we can call 99% of the 6 million businesse sin this country "small"

Over 80% of small business have 10 or fewer employees

Small Business Annual Sales - How much money do they make?

 

[owebo]

Libs never learn. They pretend that they are going after the wealthy to help the little guy. What they are continuing to do is kill small businesses and make more jobs disappear. Some small businesses simply can't handle the increase in wages as they are barely getting by as it is. Libs are either idiots or they really do want to kill businesses. Many small business have closed their doors since Obamacare became law. All their policies hurt the middle class. Obamacare, minimum wage increases and over-regulation ensure that the little guy can't compete with the big companies.

First, they killed the middle class jobs that did pay better than minimum wage. People had a chance to move up. Those that lost their good jobs ended up with either part time jobs or minimum wage jobs. Despite a much lower standard of living for many, libs still call their policies a success. I guess that's true if your idea of success is killing capitalism.

Minimum wage jobs have always been starter jobs for teens. It's sad when these fast food jobs are the only ones some adults even qualify for since they lack education and experience. Of course, thanks to liberal policies, many are vying for these jobs because that's all they can find these days. Now, there will be much less of them because small companies can't survive the left's policies. Only in liberal minds is no job better than a lower paying one.

California Raised Minimum Wage On Jan. 1, This Happens RIGHT AFTER...

And costs of good/services inflates.....

But the amount required for income subsidies for the working poor goes down. Fewer government workers are required to process applications for food stamps, EIC's, and other government program applications, so government shrinks.

Aren't these the primary goals for conversatives - let everyone take care of themselves and let the chips fall where they may; no government handouts? Why isn't this true for corporations? If these companies need subsidies to pay their workers, they don't deserve to be in business. You oppose welfare for individuals, but not corporations. Why?

the right never recognizes natural rights, unless there are plenty of guns involved.

You mean natural rights?

see what i mean. you must be on the right.

Yep....thus my belief and full support of natural rights....

 

[Winston]

Give us a figure. What do you consider a low net profit margin?

Anything under 15%

wow! I would love to earn 15% profit day in and day out....!

The corporations I worked for were content with 5%....Walmart is content with 4%... and had been running in the 3.7% range

I am presuming smaller businesses, with lower gross sales is why 15% is not as high as it seems to me...???

You cannot compare a public company with tens of thousands of employees with your average small business.
The average small business has 5 employees and gross revenues of less than 2 million a year.

• Small Business at a Glance
  • The average annual revenue of a small business is $3.6 million.
  • The average annual revenue of a small business with a website is $5.03 million.

bullshit

A small business with less than 10 employees does not have a revenue of 3.6 million and that figure does not take expenses into account

Once again we have the problem of calling businesses with 500 employees "small"
Using that arbitrary 500 employee mark we can call 99% of the 6 million businesse sin this country "small"

Over 80% of small business have 10 or fewer employees

Small Business Annual Sales - How much money do they make?

And the majority of small business owners support an increase in the minimum wage.

Opinion Poll: Small Businesses Support Increasing Minimum Wage | Small Business Majority

 

[Skull Pilot]

Anything under 15%

wow! I would love to earn 15% profit day in and day out....!

The corporations I worked for were content with 5%....Walmart is content with 4%... and had been running in the 3.7% range

I am presuming smaller businesses, with lower gross sales is why 15% is not as high as it seems to me...???

You cannot compare a public company with tens of thousands of employees with your average small business.
The average small business has 5 employees and gross revenues of less than 2 million a year.

• Small Business at a Glance
  • The average annual revenue of a small business is $3.6 million.
  • The average annual revenue of a small business with a website is $5.03 million.

bullshit

A small business with less than 10 employees does not have a revenue of 3.6 million and that figure does not take expenses into account

Once again we have the problem of calling businesses with 500 employees "small"
Using that arbitrary 500 employee mark we can call 99% of the 6 million businesse sin this country "small"

Over 80% of small business have 10 or fewer employees

Small Business Annual Sales - How much money do they make?

And the majority of small business owners support an increase in the minimum wage.

Opinion Poll: Small Businesses Support Increasing Minimum Wage | Small Business Majority

an increase from what to what?

How many of them want the 15 an hour MW?

and no one is stopping any small business from paying their employees more than MW so we don't need to raise the MW

 

[Papageorgio]

Only because the ceo and board take the majority of the profit and leave very little for anything else(workers). What we need more then the minimum wage is some sort of law to limit the percentage that they can take of this profit and instead aim the resources back to the workers.

Laws on free enterprise and earnings, that will spur the economy.

 

[danielpalos]

Give us a figure. What do you consider a low net profit margin?

Anything under 15%

wow! I would love to earn 15% profit day in and day out....!

The corporations I worked for were content with 5%....Walmart is content with 4%... and had been running in the 3.7% range

I am presuming smaller businesses, with lower gross sales is why 15% is not as high as it seems to me...???

You cannot compare a public company with tens of thousands of employees with your average small business.
The average small business has 5 employees and gross revenues of less than 2 million a year.

• Small Business at a Glance
  • The average annual revenue of a small business is $3.6 million.
  • The average annual revenue of a small business with a website is $5.03 million.

bullshit

A small business with less than 10 employees does not have a revenue of 3.6 million and that figure does not take expenses into account

Once again we have the problem of calling businesses with 500 employees "small"
Using that arbitrary 500 employee mark we can call 99% of the 6 million businesse sin this country "small"

Over 80% of small business have 10 or fewer employees

Small Business Annual Sales - How much money do they make?

good capitalists can double minimum wages and become more efficient; and, their labor force may be more able to afford the products they make.

Should there be a Henry Ford Cup for the private sector?

 

[Sun Devil 92]

Only because the ceo and board take the majority of the profit and leave very little for anything else(workers). What we need more then the minimum wage is some sort of law to limit the percentage that they can take of this profit and instead aim the resources back to the workers.

Spoken like a true left wing socialist.

 

[danielpalos]

And costs of good/services inflates.....

But the amount required for income subsidies for the working poor goes down. Fewer government workers are required to process applications for food stamps, EIC's, and other government program applications, so government shrinks.

Aren't these the primary goals for conversatives - let everyone take care of themselves and let the chips fall where they may; no government handouts? Why isn't this true for corporations? If these companies need subsidies to pay their workers, they don't deserve to be in business. You oppose welfare for individuals, but not corporations. Why?

the right never recognizes natural rights, unless there are plenty of guns involved.

You mean natural rights?

see what i mean. you must be on the right.

Yep....thus my belief and full support of natural rights....

"on who's side?" We have a federal Constitution. Fascists make up their own rules.

 

[Sun Devil 92]

Only because the ceo and board take the majority of the profit and leave very little for anything else(workers). What we need more then the minimum wage is some sort of law to limit the percentage that they can take of this profit and instead aim the resources back to the workers.

Laws on free enterprise and earnings, that will spur the economy.

Matthew is a moron.

He, like so many on the far left, only see government as something that works all the time.

 

[Sun Devil 92]

Anything under 15%

wow! I would love to earn 15% profit day in and day out....!

The corporations I worked for were content with 5%....Walmart is content with 4%... and had been running in the 3.7% range

I am presuming smaller businesses, with lower gross sales is why 15% is not as high as it seems to me...???

You cannot compare a public company with tens of thousands of employees with your average small business.
The average small business has 5 employees and gross revenues of less than 2 million a year.

• Small Business at a Glance
  • The average annual revenue of a small business is $3.6 million.
  • The average annual revenue of a small business with a website is $5.03 million.

bullshit

A small business with less than 10 employees does not have a revenue of 3.6 million and that figure does not take expenses into account

Once again we have the problem of calling businesses with 500 employees "small"
Using that arbitrary 500 employee mark we can call 99% of the 6 million businesse sin this country "small"

Over 80% of small business have 10 or fewer employees

Small Business Annual Sales - How much money do they make?

good capitalists can double minimum wages and become more efficient; and, their labor force may be more able to afford the products they make.

Should there be a Henry Ford Cup for the private sector?

Maybe....

And I agree with you.

Somehow, the left does not understand that legistlating that kind of thing only creates and entitlement class.

 

[danielpalos]

wow! I would love to earn 15% profit day in and day out....!

The corporations I worked for were content with 5%....Walmart is content with 4%... and had been running in the 3.7% range

I am presuming smaller businesses, with lower gross sales is why 15% is not as high as it seems to me...???

You cannot compare a public company with tens of thousands of employees with your average small business.
The average small business has 5 employees and gross revenues of less than 2 million a year.

• Small Business at a Glance
  • The average annual revenue of a small business is $3.6 million.
  • The average annual revenue of a small business with a website is $5.03 million.

bullshit

A small business with less than 10 employees does not have a revenue of 3.6 million and that figure does not take expenses into account

Once again we have the problem of calling businesses with 500 employees "small"
Using that arbitrary 500 employee mark we can call 99% of the 6 million businesse sin this country "small"

Over 80% of small business have 10 or fewer employees

Small Business Annual Sales - How much money do they make?

And the majority of small business owners support an increase in the minimum wage.

Opinion Poll: Small Businesses Support Increasing Minimum Wage | Small Business Majority

an increase from what to what?

How many of them want the 15 an hour MW?

and no one is stopping any small business from paying their employees more than MW so we don't need to raise the MW

actually, competition prevents it; simply "raising the tide to lift all boats" fixes that Standard or "moves that goal post" for everyone.

 

[Sun Devil 92]

Only because the ceo and board take the majority of the profit and leave very little for anything else(workers). What we need more then the minimum wage is some sort of law to limit the percentage that they can take of this profit and instead aim the resources back to the workers.

You do know that the vast majority of businesses don't have boards and CEOs and that they run on pretty low profit margins don't you?

No, of course you don't because you have never run a business

Give us a figure. What do you consider a low net profit margin?

Anything under 15%

wow! I would love to earn 15% profit day in and day out....!

The corporations I worked for were content with 5%....Walmart is content with 4%... and had been running in the 3.7% range

I am presuming smaller businesses, with lower gross sales is why 15% is not as high as it seems to me...???

WallMart is clearly a volume business.

Other, smaller niches have something that creates discontinuity and allows for a higher profit margin. Those don't tend to be large volume entities.

 

[danielpalos]

wow! I would love to earn 15% profit day in and day out....!

The corporations I worked for were content with 5%....Walmart is content with 4%... and had been running in the 3.7% range

I am presuming smaller businesses, with lower gross sales is why 15% is not as high as it seems to me...???

You cannot compare a public company with tens of thousands of employees with your average small business.
The average small business has 5 employees and gross revenues of less than 2 million a year.

• Small Business at a Glance
  • The average annual revenue of a small business is $3.6 million.
  • The average annual revenue of a small business with a website is $5.03 million.

bullshit

A small business with less than 10 employees does not have a revenue of 3.6 million and that figure does not take expenses into account

Once again we have the problem of calling businesses with 500 employees "small"
Using that arbitrary 500 employee mark we can call 99% of the 6 million businesse sin this country "small"

Over 80% of small business have 10 or fewer employees

Small Business Annual Sales - How much money do they make?

good capitalists can double minimum wages and become more efficient; and, their labor force may be more able to afford the products they make.

Should there be a Henry Ford Cup for the private sector?

Maybe....

And I agree with you.

Somehow, the left does not understand that legistlating that kind of thing only creates and entitlement class.

why do you say that?

besides, moving the goal posts is a function of Government.

 

[owebo]

But the amount required for income subsidies for the working poor goes down. Fewer government workers are required to process applications for food stamps, EIC's, and other government program applications, so government shrinks.

Aren't these the primary goals for conversatives - let everyone take care of themselves and let the chips fall where they may; no government handouts? Why isn't this true for corporations? If these companies need subsidies to pay their workers, they don't deserve to be in business. You oppose welfare for individuals, but not corporations. Why?

the right never recognizes natural rights, unless there are plenty of guns involved.

You mean natural rights?

see what i mean. you must be on the right.

Yep....thus my belief and full support of natural rights....

"on who's side?" We have a federal Constitution. Fascists make up their own rules.

Surly not the left wing fascist side....