Who is claiming there will be no effect with raising the minimum wage?

 

If this is true, then why do we have so many people who went to college to "improve their lot", and yet all they get out of that degree is a make bill that they can't pay because there are no jobs in their field of study? And I'm not talking about art history major either.

 

Word!

 

I am not a right. I am not a left. I believe in honesty and working for what you get. I am sorry if that is something you cannot understand.
What were these people doing when they were supposed to be getting an education?
Where were these people when they could be in an apprenticeship program?
Where were these people when they could have been in a trade school?

I don't think they should be given govt. assistance. It is their own fault they did not do something with their life.
Why should people who did go to the trouble to make a living also have to make a living for those who did not care enough to prepare for a job?

The people in Ms. voted to require those who apply for govt assistance to take a drug test if they show past drug use. All kinds of people are trying to stop it from going into effect. Why should these people be able to use their money to buy drugs when others have to take a drug test and work to give them a living?

Too damn many people have their hand out for something another person works for. What is stopping these people from working?

 

And yet their employees still need public assistance.

 

Why is it so hard for some people to understand that it is not up to another person if someone don't have the skills or education for a better job?
The person with money in the bank did take the time and effort to get an education or training.

 

Again tenguy all i am saying is 'they could afford to pay more without killing everyone else with passing it on'. I didn't say they must or they need to, im just saying they can but choose not to out of greed

 

And I'm saying that it isn't greedy to make money. You have some convoluted idea that they make billions a year from the sweat of people working at minimum wage. This is simply not true, much of their wealth is from the value of retained stock & bonds and cumulative dividends from investments, which are directly working to employ even more people.


If every dollar that goes to the Walmart owners (stock holders) was to be spent on increasing the wages of the minimum wage earner, it wouldn't make a 5¢ a hour difference.

 

I agree with all of that but what i am say is for example say joe is ceo of company z, company z has 200 employees, joe makes 80 million a year. Joe decided that he will reduce his salary by 5 million per year and give his employees a raise based on 40 hours. 5 million dollars figured into a per hour increase for 200 people will give the employee a nice raise and because joe was nice and gave his people the money himself, shareholders and customers see no change. Now his people are much happier, make a living wage and pumping an additional 5 million into the economy instead of it being invested overseas to try to avoid taxes. Not ever going to happen but if the ones capable of it were not so greedy they could. If a man makes 80 million a year he ain't going to miss 5 million and he wont even notice any difference, but the 200 he gave extra pay to, it made all the difference in the world to them because a simple $50 a week can mean the difference between peanut butter and jelly for dinner or a nice hot meal. I know my figures are probably way off but it was just for example.. So if just 10 of these people did this it could really make a difference because investment money usually does nothing for the local economy but a paycheck does. Hopefully this will help clear up what i was talking about

 

A good example of a good ceo that makes a difference

The nation’s largest non-union strike in decades is also the most unusual: instead of workers protesting against a CEO, they are risking their jobs to defend him. Thousands of workers of New England Supermarket chain Market Basket, which employs 25,000 at 71 stores, have been on strike for a week to reinstate their former CEO, Arthur T. Demoulas, who was ousted by the board in June after a long-running family dispute.

Twelve lifelong employees were also fired over the weekend for organizing rallies attended by more than 5,000 people demanding the return of their beloved boss. Store parking lots, usually packed with shoppers, are empty. Ditto the shelves. Shoppers and lawmakers from across the region have joined the workers in a rare triumph of community solidarity. These non-union workers have achieved something remarkable: a total shutdown of the company and unprecedented community support.

How did Arthur T. Demoulas, known affectionately as Artie T. by his employees, inspire such leadership that they are willing to lose their jobs to defend him?

Unlike most CEOs, Artie T. believes in putting people before profits. Since becoming President of the company in 2008, he has provided employees with good pay and great benefits, including regular bonuses and profit-sharing. None of which have stopped the company from offering products far more affordable than regional competitors. Artie T. implemented a 4 percent across-the-board price cut this year to respond to shoppers’ needs. Nat Simeon, who has worked for the company for 30 years, shares how Artie T. had his back during a health crisis:

“I actually had a heart attack, and I never missed a check,” Simeon said. “I was paid every week. You find another CEO or another person that would take care of you or your family. He knows my daughters’ names.” (Video below)

The new co-CEOs want to destroy Artie T.’s legacy by paying lower wages and drastically reducing profit sharing and bonuses. Organizers of the Save Market Basket (hyperlink Facebook page) are planning what they expect to be the largest rally yet on Friday outside the company’s headquarters in Tewksbury, Massachusetts. They have one demand: bring back Artie T. or we aren’t working.

 

Demoulas/Market Basket is a New England regional chain, so most of the country might not even know about it, but the strike is amazing. People are walking off the job at every level from stock clerks to senior management. Many senior managers are being fired for participating, and hundreds of workers, too. The Teamsters tried to shoehorn into a picket line and they were booted out. Now there is a region-wide boycott of Market Basket stores, and it is picking up steam.

Not only that, but workers for national chains like Shaws and Star are beginning to picket too, out of solidarity.

It is a mess, but refreshing to see.

 

Artie T. had a good teacher.

His father was the Henry Ford of big box grocery. Both men believe in old style capitalism. Customer first, closely held, and minimal debt.

Aisle managers at the stores wear pins. "Employee, 40 Years!" "Employee, 50 Years!" And they're being fired for protesting.

The cousin who has taken over the board (also named Arthur) wants to leverage the company to the hilt and loot it.

 

It is not a double standard, the 'standards' that the government has set for a minimum income wage is bullshit, to say the least.

Minimum wage jobs are a entry level job, a entry level job is typical given or taken by those that are entering the work force, by no means are those entry level employee's deserving of a higher wage, a higher wage that is astronomically more than they are capable of producing in return.

This country needs to eliminate the federal minimum wage, this is and does work in the adverse for employees, with the federal standard set so high, generally those employees rarely seek a higher personal standard, and typically will just settle.

As a high school graduate or a high school student enters the work force, he/she is artificially and profoundly believing that they are worth more than they actually are,, thus in return they are typically and constantly seeking a higher paid job,,that essentially does not exist.

As Power has said more times than you are capable of understanding, personal responsibility plays a very big role, that the federal government is slowly and casually taking away from the individual.

And I know that you leftists have zero understanding of the premise ''PERSONAL RESPONSABILITY''

 

The only thing wrong is your idea of what a CEO of a company with 200 employees makes, it isn't $80 million, it isn't even $500,000.

You have no idea what investment money does for a community, Beretta is building a factory in Gallatin, TN, they will spend over $45 million on it, it will employ 300 plus workers. Or they could give each of the prospective employees $150,000 and not build the plant. Who would that help? In a year or so all of those folks would be broke and there would be no plant to go to work in. Instead there will be 300 people working, each of whom will live and spend their money in Gallatin.

 

Company z must be making the most awesome thing in the history of ever. For Joe to take an $80m salary, his company has to be clearing $1b annually, minimally, to not fail under him. Assuming the fairly standard 35% for employee costs, each of those 200 people is already making over $1.5m a year plus benefits. That $5m, or $25000 per person, a year is a drop in the bucket to them.

You have no understanding of how a real business works, do you?

 

I hate to be the bearer of bad news but employers have been switching to mechanization for many years with hardly anyone noticing. Grocery stores have started using self checkout so that the customer has the privelige of doing for themselves what someone used to get paid to do for them. And you dont even get paid for it. Mc Donalds is using machines to fill drinks for the drive thru window that automatically kicks out the appropriate drink as soon as its ordered. These sorts of things have been seen for decades in manufacturing, shipping, etc. Its nothing new. And that was with low wages. The simple fact of the matter is that as some jobs fall by the way side, others take their place. As long as there are consumers there will always been a need for labor and that labor will make up the bulk of consumption. Companies that develope and distribute automation will eventually end up failing themselves if they succeed in replacing humans, since the customers they rely upon will no longer have customers of their own and hence, no need for automation.

Everyone seems to want to complain that companies will go bankrupt if wages go up. They will have to cut jobs and raise prices and we will all die in a firey, Road Warrior like world of death and destruction. Interesting, in January, fifteen states raised their minimum wage, and all fifteen of those states have added jobs to their respective economies faster than any of the other states. And of the businesses that might fail...did we realy need them anyway? I dont hear anyone except people who practice serious S/M complaining that the buggy whip industry collapsed. And what ever happened to Smeltzers Unified Balm and Ointment company? They used to make a wonderful cream that was said to cure gout, lime disease, consumption and gunshot wounds. Dont see them advertising on Super Bowl Sunday...do ya? Things change. And there will always be jobs available that machines simply aren't adaquate to perform or arent desireable to have them do. I dont look foreward to the day I get a phisical when my doctor is replaced by a cyborg with steel and silicone hands that can crush a que ball. I really dont want that near my gentlemans parts.

The simple reality is that wages have been falling since the mid 1960s and nobody really paid much attention to that fact until very recently. Thats why people do now with credit what used to be done with cash. And jobs that dont pay a living wage, in short simply dont need to exist. If there is a job that needs doing it should either pay a living wage to be done or someone within the organization that already makes a living wage should have it added to their duties. There is no excuse for allowing employers to pay slave wages. If prices have to go up a little to pay for it...so be it. Thats the way the world works. And if everybody has to do it then it will have exactly zero effect on competition. The estimated rise in the price of a Big Mac in Seattle where we now have a fifteen dollar an hour minimum wage is about ten cents each at the low estimate and twenty five cents at the top end. either way thats a pretty small increase in price to pay employees sixty percent more than they were making before.

Simply put...dont panic, this has been done successfully in many places and it works out great for almost everybody. The ones that fail as a result are quickly replaced and it spurs economic growth. Thats a fact...not supposition or assumption. Its proven time and time again throughout the U.S. Calm down...and if you live in Washington or Colorado...smoke a bowl.

 

[h=1]States That Raised Minimum Wage See Faster Job Growth, Report Says[/h]
*not_secure_link*www.npr.org/blogs/...inimum-wage-see-faster-job-growth-report-says

 

6 months worth of data is probably insufficient, insufficient enough no to take this as a working platform.

So, basically this is just more propaganda from Obama and those looney leftists, although this does increase a very small stimulative affect, the employers will need or be forced to adjust their businesses to absorb the pay hike,,or the consumer will do the adjusted absorption.

 

No you and tenguy ccannot fucking read. I said in the post the information used was for example only you fucking idiot

 

for those that want the greedy to get richer i will leave you with this thought

the more they steal from the poor the more they cost you in taxes and federal subsidies to their companies
look at big agriculture like sygenta, bayer agi-science and the rest
they hire illegals and pay them nothing and then have them deported at a rate of about 300 per day nation wide
for those tokens the feds give them millions in taxes subsidies that are spent on lobbyists to get them more fucking tax dollars

then there is big oil
they are getting rich by fucking us at every turn
first they get an approximate $70billion every fucking year while they report massive profits even while the scream poverty
then they export our oil and import it from the rest of all hell
the price of diesel used to always be lower than gasoline because it was the industrial fuel for all needs but now they are raping truckers and people that need the fuel to produce foods all because some tool in LA decided to get a damned hummer

then you can look to the lobbyists themselves
they are paid by the companies and some also work for the politicians while working as a lobbyist
some become politicians
and some politicians become lobbyists
they are all one in the same

but behind their glass walls the people cannot see that the simple answer is still the best answer
they want us distracted from what they do
they want us at eachothers throats
they want us to look for our differences
what they fear is that we will find what we have in common and build from there again