Re: Minimum Wage
[Re: Chancey]
#7732118
12/01/22 09:32 PM
12/01/22 09:32 PM
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SNIPERBBB
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What's wrong with everything going up Sniper? If the minimum wage guys get an increase, then the guys just above them should get an equal increase.
Read what you just wrote. If min mage goes up a dollar, for a 100 person FTE company, thats an exra 200,000 you the company has to pay a year assuming 40 hes a week. Thats just labor increase. They're vendors are likely to increase their prices too so ot might be a 3-500,000 added costs to the business. You're making mote revenue but you're expenses eill raise l.
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Re: Minimum Wage
[Re: Chancey]
#7732130
12/01/22 09:41 PM
12/01/22 09:41 PM
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True, and I agree 100%.
But, if that’s the case, then why do we hear so much griping from employers about trying to find help and an increase in minimum wage?
If a wage increase is demanded by the free market, then employers should not be bxxching. They just need to raise their cost; which most have already done. I have.
I honestly don’t think the lack of workers in this country is due to a lack of workers, but rather workers not willing to work an hour and not be able to buy lunch - on different scales of course, but that’s my point.
All subsidies and handouts from Gov must end.
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Re: Minimum Wage
[Re: SNIPERBBB]
#7732143
12/01/22 09:47 PM
12/01/22 09:47 PM
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What's wrong with everything going up Sniper? If the minimum wage guys get an increase, then the guys just above them should get an equal increase.
Read what you just wrote. If min mage goes up a dollar, for a 100 person FTE company, thats an exra 200,000 you the company has to pay a year assuming 40 hes a week. Thats just labor increase. They're vendors are likely to increase their prices too so ot might be a 3-500,000 added costs to the business. You're making mote revenue but you're expenses eill raise l. Understood, so just increase wages from the bottom up, and make everyone (consumers) pay more. Is that not already happening?
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Re: Minimum Wage
[Re: Chancey]
#7732152
12/01/22 09:54 PM
12/01/22 09:54 PM
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True, and I agree 100%.
But, if that’s the case, then why do we hear so much griping from employers about trying to find help and an increase in minimum wage?
If a wage increase is demanded by the free market, then employers should not be bxxching. They just need to raise their cost; which most have already done. I have.
I honestly don’t think the lack of workers in this country is due to a lack of workers, but rather workers not willing to work an hour and not be able to buy lunch - on different scales of course, but that’s my point.
All subsidies and handouts from Gov must end. When minimum wage goes up the cost of everything to everyone goes up across the board. The low wage employee gets a bigger pay check but everything they buy also increases in price so they do not have more money to spend just a higher # on their pay check. Those worth more the the lowest paid don't get an increase but everything they buy goes up in price. So they are now have a lowered standard of living. It is just one tool used to help eliminate the the middle class and create more poor. It does not help the low wage workers and it does hurt others Minimum wage jobs are low pay for a reason. They are starter jobs for no skill or low skilled workers. They are not ment to be a career..
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Re: Minimum Wage
[Re: Chancey]
#7732167
12/01/22 10:07 PM
12/01/22 10:07 PM
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Respectfully, you are missing my point BandB Sir.
I’m not saying or asking for someone to pay for something, but rather a fair wage to buy something of value based on work and sweat should be the same today as it was in the 60s. I eat baloney sandwiches all the time. Not cause I’m broke now, but because I was raised on them.
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Re: Minimum Wage
[Re: charles]
#7732170
12/01/22 10:09 PM
12/01/22 10:09 PM
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I worked for $.50 per hour in the 50s and early 60s. Could you buy a lunch for $0.50 then Charles?
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Re: Minimum Wage
[Re: Rat Masterson]
#7732180
12/01/22 10:22 PM
12/01/22 10:22 PM
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Government should get out of all labor, no min. wage, no unemployment, no insurance, should be up to the employer. I think no income tax would be the best start.
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Re: Minimum Wage
[Re: Chancey]
#7732184
12/01/22 10:29 PM
12/01/22 10:29 PM
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Government should get out of everything in our lives as far as I’m concerned. They’re job is to build infrastructure and protect our border and sovereignty. They can’t even do that.
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Re: Minimum Wage
[Re: Chancey]
#7732217
12/01/22 10:56 PM
12/01/22 10:56 PM
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We’re already there Marty.
Point of the whole post.
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Re: Minimum Wage
[Re: Chancey]
#7732226
12/01/22 11:05 PM
12/01/22 11:05 PM
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BandB
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I don't think I missed your point at all. In your original post, and several subsequent posts, you are equating a fair wage with buying a lunch for an hours pay. That is an arbitrary definition of "fair". A wage should be based on skills and abilities. Also, how much different do you think the profit margin is a those two lunches, 25 years apart? I bet they are pretty close to the same. Everything costs to an employer goes up, the cost to the customer will go up. It becomes a zero sum game, if all workers, skilled or not, are raised dramatically. What they get in an unearned wage increase, they lose in a cost of living increase.
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Re: Minimum Wage
[Re: Chancey]
#7732235
12/01/22 11:13 PM
12/01/22 11:13 PM
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Scott__aR
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When minimum wage had a role in employment, many employers used minimum wage and part time status (read no benefits) to boost their bottom line. Now that unemployment is extremely low and employers are fighting over employees, competitive wages and benefits drive the worker market place. Minimum wage plays no part today in determining wages and benefits.
Could that change, sure, if the economy suffers a significant recession and unemployment were to rise greatly; employers would again gain control of the wage market.
In either case, raising the minimum wage only serves to compress the overall wage market because there is a top to the 'working' wage. Only those with negotiated wages, who's minimum pay rate is based as a multiple of minimum wage have any guarantees when the minimum wage increases.
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Re: Minimum Wage
[Re: Chancey]
#7732239
12/01/22 11:18 PM
12/01/22 11:18 PM
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Respectfully, you are missing my point BandB Sir.
I’m not saying or asking for someone to pay for something, but rather a fair wage to buy something of value based on work and sweat should be the same today as it was in the 60s. I eat baloney sandwiches all the time. Not cause I’m broke now, but because I was raised on them.
In the 60 you could sell a beaver or fox for more than a days wage. People even knew if you were born with boy parts than you were a boy and used the men's restroom. You could support your family on a single income and be comfortable. You could plan in working the same place and retiring at 30 years. The problem is obviously capitalism and white men oppressing the rest of the population. Everyone should get paid the same regardless of talent, ability, or work ethic. It's the only fair and equally thing to do.
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Re: Minimum Wage
[Re: BandB]
#7732250
12/01/22 11:36 PM
12/01/22 11:36 PM
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I don't think I missed your point at all. In your original post, and several subsequent posts, you are equating a fair wage with buying a lunch for an hours pay. That is an arbitrary definition of "fair". A wage should be based on skills and abilities. Also, how much different do you think the profit margin is a those two lunches, 25 years apart? I bet they are pretty close to the same. Everything costs to an employer goes up, the cost to the customer will go up. It becomes a zero sum game, if all workers, skilled or not, are raised dramatically. What they get in an unearned wage increase, they lose in a cost of living increase. Should an hour’s worth of “skills and ability” produced by hard labor digging a trench by blood and sweat be able to buy a lunch? How much is an unskilled day laborer worth? Is it really arbitrary? So what if the cost to the customer goes up?
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Re: Minimum Wage
[Re: Providence Farm]
#7732251
12/01/22 11:41 PM
12/01/22 11:41 PM
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Respectfully, you are missing my point BandB Sir.
I’m not saying or asking for someone to pay for something, but rather a fair wage to buy something of value based on work and sweat should be the same today as it was in the 60s. I eat baloney sandwiches all the time. Not cause I’m broke now, but because I was raised on them.
In the 60 you could sell a beaver or fox for more than a days wage. People even knew if you were born with boy parts than you were a boy and used the men's restroom. You could support your family on a single income and be comfortable. You could plan in working the same place and retiring at 30 years. The problem is obviously capitalism and white men oppressing the rest of the population. Everyone should get paid the same regardless of talent, ability, or work ethic. It's the only fair and equally thing to do. You missed the point too. The problem is not capitalism, it is the fiat dollar.
Resident Conspiracy Theorist Accused Moron, Nazi, Low IQ, and Putin Fan Boy
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