I think one should be required, some CEO's are paid far too much, it is ridiculous and as a stockholder I complain!
Minimum Wage Hike
- Thread starter Cancel 2016.11
- Start date
I think one should be required, some CEO's are paid far too much, it is ridiculous and as a stockholder I complain!
Cancel 2016.2
The Almighty
I chopped off your anecdotal comment because it is not relevant to the economy as a whole. In a market like right now where the labor market is loose, employers do have the power to fuck over the skilled workers as you suggest they can. The question is... why are you promoting that?
Yeah, they are only trying to push through a 24% increase. Just 24% more for labor costs for those service companies... but who cares about that right? That money will just magically appear.
Cancel 2016.2
The Almighty
I agree... far too many executives today are getting away with insane salaries.
The economic aspects, cawacko has his dog whistle out today.
zappasguitar
Well-known member
There is an ENORMOUS difference between a business owner voluntarily giving minimum wage employees a raise and being told by the Government that the minimum wage is going up.
The boss tells his higher paid employees that the Government mandates that the minimum wage increase and he's obligated to do as told.
Odd that you edited out the potion of my response that dealt firsthand with a prior minimum wage increase and how my boss handled it...why is that?
Yes....well like I said....I haven't seen all sorts of women, youths, Hispanics and Blacks charging over here to help you defend your point of view. The only one who has is Wacko.....and he's another pasty assed chamber of commerce type white guy with a $12 haircut!
Lmao, sorry, Cawacko, laughing with you!
cawacko
Well-known member
If economic issues are not a consideration and it is purely political then why not propose raising the minimum wage to $10, $15 or $20? Those latter numbers are a hell of a lot closer to a 'living wage' than $9.
cawacko
Well-known member
Hmmmm....I do see your point Wacko......but that does bring up an interesting question. What the fuck happened to you? Took after your Mom?
Mom has an MBA from SMU.
I'm either adopted or they did a lot of freaking drugs in the late '60's and early '70's and I suffer from crack baby syndrome.
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The Almighty
or you grew up in Ohio and went to USC
When Ford did it stimulated the eonomy. He doubed wages, no ill effects. This is the complaint made by corporations and their supporters every time there is talk of raising the minimum wage, but I have never seen the ill effects come to pass that they lament about. If you have proof to the contrary, I would really like to review it.
Disillusioned
New member
Because then he can still argue that it's not an absurd step and fewer businesses will be able to say that changing the minimum wage will flat out put them out of business.
Still argue that fiddling around with the economy in such bold strokes will probably send things into a tailspin and where we end up few if anyone can predict.
cawacko
Well-known member
Everytime I forget how great I am you are there to remind me and for that I am thankful.
Disillusioned
New member
A business in my town, ran close to even with very little profit from the manager, this was a while back when the wage was still 7.15, he had three minimum wage employees, all highschool students. When the wage changed he dropped below the point that he could/would support and sold the business. That area is still vacant. This was from a very small change. How many changes will result from a large one?
cawacko
Well-known member
So then you would be on board with raising the minimum wage to $15 or $20?
Show me
I think raising it to the amount proposed is the first step and that it should be reviewed every year to see if adjustments need to be made.
cawacko
Well-known member
Why $9? That's not going to get people out of poverty. And you said it was a dog whistle to bring up economics so if economics aren't an issue why not go with something closer to a living wage amount of $15 or $20?
Because I don't think $15 will pass Congress, it is more about being realistic. I think $15 would be optimum, but it won't fly.
Does that mean my employer will be forced to adjust my pay? After all if you raise minimum wage to that, prices will go up and if I do not receive the same amount of hike they do I am screwed, it will be like starting at the bottom rung again. Low skilled workers will get a huge raise, and higher skilled workers like myself will be screwed.
I appreciate the kind words, but I'm not that smart and don't know that much. I'm just good at google.