Congress on Mnimum wage -- Overtime pay -- Opinions?

[Wyatt earp]

There are currently 143,579,000 people working and producing $16 trillion in goods and services each year. That is an output of over $111,000 per person per year. The minimum wage can easily be $15 an hour or $30k a year.

Have to love these socialist on here..... move to Cuba

 

[iamwhatiseem]

There are currently 143,579,000 people working and producing $16 trillion in goods and services each year. That is an output of over $111,000 per person per year. The minimum wage can easily be $15 an hour or $30k a year.

Absolutely...and in that world you will pay something like:

$8.00 for a McDonalds Cheesburger
Everything at WalMart would be a minimum of 15-20% higher.
Restaurant food would be so high in fact, that they could not feasibly survive as no one would pay what it would cost.

 

[Skull Pilot]

There are currently 143,579,000 people working and producing $16 trillion in goods and services each year. That is an output of over $111,000 per person per year. The minimum wage can easily be $15 an hour or $30k a year.

Absolutely...and in that world you will pay something like:

$8.00 for a McDonalds Cheesburger
Everything at WalMart would be a minimum of 15-20% higher.
Restaurant food would be so high in fact, that they could not feasibly survive as no one would pay what it would cost.

Everyone would make 30K a year but then no one would want to pay the higher prices for anything.

Business would decline, people would get laid off.

Brilliant!

 

[iamwhatiseem]

There are currently 143,579,000 people working and producing $16 trillion in goods and services each year. That is an output of over $111,000 per person per year. The minimum wage can easily be $15 an hour or $30k a year.

Absolutely...and in that world you will pay something like:

$8.00 for a McDonalds Cheesburger
Everything at WalMart would be a minimum of 15-20% higher.
Restaurant food would be so high in fact, that they could not feasibly survive as no one would pay what it would cost.

Everyone would make 30K a year but then no one would want to pay the higher prices for anything.

Business would decline, people would get laid off.

Brilliant!

This is why such a large percentage of the liberal population are young. They simply lack the practical experience in life to fully understand complex issues.
Business profit is not an option. It is a necessity. Without profits, you can never replace aging equipment, never expand, never repair broken equipment, never replace delivery trucks etc. etc. etc.
Having said this - corporate profits is another issue. I am extremely pro-business. Corporatism is not pro-business. It is pro-concentration of wealth and ownership to an extreme.` But that is another issue.

 

[midcan5]

It is rather odd that a body of people who have great benefits, lots of vacation, work short hours, and seem to do absolutely nothing of value would even debate minimum wage? Are these congressmen not dependent on government handouts as they sure as heck do nothing positive for America. Welfare requires a redefinition to include the present day representatives in our government. Useless whiners, who even votes for them? And recently Rand Paul was criticizing government for questioning the tax avoidance of Apple? Is this a comedy or what. Farce may be the better word.

Majority and Minority Leaders – $193,400
Basic Senators (no leadership position) – $174,000

 

[iamwhatiseem]

... And recently Rand Paul was criticizing government for questioning the tax avoidance of Apple? Is this a comedy or what. Farce may be the better word.

And once again you miss the crux of the matter, and only observe the top layers of what you see.
Rand made one of the better speeches I have seen in years that day. And I am not one of his fans.
His greater point was the sheer irony of the congress bringing them in and giving Apple a speech about tax avoidance when every member there uses the SAME means to avoid taxes for them!! His second point was the problem is not Apple, it is the ludicrous tax system that allows such loopholes to exist...which...wait for it...here it comes..THESE LOOPHOLES WERE WRITTEN INTO THE TAX SYSTEM...by the SAME GOVERNMENT that is giving them hell for using them!!!

HELLOOOO.....anyone there??
I

 

[Wyatt earp]

It is rather odd that a body of people who have great benefits, lots of vacation, work short hours, and seem to do absolutely nothing of value would even debate minimum wage? Are these congressmen not dependent on government handouts as they sure as heck do nothing positive for America. Welfare requires a redefinition to include the present day representatives in our government. Useless whiners, who even votes for them? And recently Rand Paul was criticizing government for questioning the tax avoidance of Apple? Is this a comedy or what. Farce may be the better word.

Majority and Minority Leaders – $193,400
Basic Senators (no leadership position) – $174,000

Yup, I like that Idea, eliminate the minimum wage and let the market decide.

 

[OnePercenter]

Everyone is allowed to negotiate their own contract. If you do not want to work for wages offered, then don't.

~LoneStar™~

Let me guess....you're one of those 'I've got mine so fluck everyone else' sociopaths?

 

[OnePercenter]

... And recently Rand Paul was criticizing government for questioning the tax avoidance of Apple? Is this a comedy or what. Farce may be the better word.

And once again you miss the crux of the matter, and only observe the top layers of what you see.
Rand made one of the better speeches I have seen in years that day. And I am not one of his fans.
His greater point was the sheer irony of the congress bringing them in and giving Apple a speech about tax avoidance when every member there uses the SAME means to avoid taxes for them!! His second point was the problem is not Apple, it is the ludicrous tax system that allows such loopholes to exist...which...wait for it...here it comes..THESE LOOPHOLES WERE WRITTEN INTO THE TAX SYSTEM...by the SAME GOVERNMENT that is giving them hell for using them!!!

HELLOOOO.....anyone there??
I

Would you name any Democrat that authored any legislation that gave loopholes to corporations.

 

[Skull Pilot]

... And recently Rand Paul was criticizing government for questioning the tax avoidance of Apple? Is this a comedy or what. Farce may be the better word.

And once again you miss the crux of the matter, and only observe the top layers of what you see.
Rand made one of the better speeches I have seen in years that day. And I am not one of his fans.
His greater point was the sheer irony of the congress bringing them in and giving Apple a speech about tax avoidance when every member there uses the SAME means to avoid taxes for them!! His second point was the problem is not Apple, it is the ludicrous tax system that allows such loopholes to exist...which...wait for it...here it comes..THESE LOOPHOLES WERE WRITTEN INTO THE TAX SYSTEM...by the SAME GOVERNMENT that is giving them hell for using them!!!

HELLOOOO.....anyone there??
I

Would you name any Democrat that authored any legislation that gave loopholes to corporations.

Bill Clinton

 

[OnePercenter]

so min wage should be triple what it is now.

That means we would have to pay $18 for a Big mac meal for one.
$30-60 to get 1 movie ticket
over $10 for a gallon of gas


These are the things liberals don't think about. The results of their idiotic actions

That is completely wrong. Your assertion is that the total cost of goods is equal to the labor cost.

The business owner can only push their cost increases on to their consumers

It's been stated on this board that McDonalds workers in North Dakota are making $16.00/hr. Why don't you call a McDonalds up yonder in the frozen State and find out the cost of a #1 meal.

OBTW, a Big Mac costs 1200% more today than 1970, but McDonalds workers only make 240% more, which, like the actual cost of the Big Mac is 100% SUBSIDIZED.

 

[Skull Pilot]

That is completely wrong. Your assertion is that the total cost of goods is equal to the labor cost.

The business owner can only push their cost increases on to their consumers

It's been stated on this board that McDonalds workers in North Dakota are making $16.00/hr. Why don't you call a McDonalds up yonder in the frozen State and find out the cost of a #1 meal.

OBTW, a Big Mac costs 1200% more today than 1970, but McDonalds workers only make 240% more, which, like the actual cost of the Big Mac is 100% SUBSIDIZED.

Then don't eat at McDungswill's

 

[TakeAStepBack]

Congress on Mnimum wage -- Overtime pay -- Opinions?

I would have actually taken part in the discussion if you didn't start off with a big, fat lie right off the bat, but I realize it's habitual in your case and you can't help it.

Yup. Habitual liars stuffed full of low information memes are gonna lie. Then wants to discuss the lie as if it is actually the truth.

And this is why LOLberals are, for the most part, complete retards. They either choose to lie, or are too stupid to not do it by being educated.

 

[OnePercenter]

There are currently 143,579,000 people working and producing $16 trillion in goods and services each year. That is an output of over $111,000 per person per year. The minimum wage can easily be $15 an hour or $30k a year.

Have to love these socialist on here..... move to Cuba

You do understand that the middle class prospers due to socialist ideology. Who's going to pay for the streetlights?

We could deregulate EVERYTHING and rename the United States of America to the Libertarian States of Somalia.

 

[OnePercenter]

The business owner can only push their cost increases on to their consumers

It's been stated on this board that McDonalds workers in North Dakota are making $16.00/hr. Why don't you call a McDonalds up yonder in the frozen State and find out the cost of a #1 meal.

OBTW, a Big Mac costs 1200% more today than 1970, but McDonalds workers only make 240% more, which, like the actual cost of the Big Mac is 100% SUBSIDIZED.

Then don't eat at McDungswill's

Don't you head there every morning for your senior coffee?

 

[Skull Pilot]

It's been stated on this board that McDonalds workers in North Dakota are making $16.00/hr. Why don't you call a McDonalds up yonder in the frozen State and find out the cost of a #1 meal.

OBTW, a Big Mac costs 1200% more today than 1970, but McDonalds workers only make 240% more, which, like the actual cost of the Big Mac is 100% SUBSIDIZED.

Then don't eat at McDungswill's

Don't you head there every morning for your senior coffee?

I'm not a senior and I haven't eaten at that rat hole since I was a teenager.

 

[OnePercenter]

And once again you miss the crux of the matter, and only observe the top layers of what you see.
Rand made one of the better speeches I have seen in years that day. And I am not one of his fans.
His greater point was the sheer irony of the congress bringing them in and giving Apple a speech about tax avoidance when every member there uses the SAME means to avoid taxes for them!! His second point was the problem is not Apple, it is the ludicrous tax system that allows such loopholes to exist...which...wait for it...here it comes..THESE LOOPHOLES WERE WRITTEN INTO THE TAX SYSTEM...by the SAME GOVERNMENT that is giving them hell for using them!!!

HELLOOOO.....anyone there??
I

Would you name any Democrat that authored any legislation that gave loopholes to corporations.

Bill Clinton

How can a President author legislation?

 

[Skull Pilot]

Would you name any Democrat that authored any legislation that gave loopholes to corporations.

Bill Clinton

How can a President author legislation?

All that matters is who signs it into law.

It matters not who writes legislation.

duh

 

[OnePercenter]

Then don't eat at McDungswill's

Don't you head there every morning for your senior coffee?

I'm not a senior and I haven't eaten at that rat hole since I was a teenager.

Then (I'm assuming) you're a working stiff that votes against his own best interest?

 

[OnePercenter]

Bill Clinton

How can a President author legislation?

All that matters is who signs it into law.

It matters not who writes legislation.

duh

No. You have to remember that a dirty trick that Republicans LOVE to use is attaching their bills for the betterment of the rich onto bills that have a betterment for the middle class. Remember Clinton wanting the line item veto?

Perfect example of this is deregulating derivatives which was sponsored by Phil Gramm (R). Remember him, the guy that brought us the S&L scandal. The d-d thing only cost the US $20 Trillion, but the rest of the world..... $526 TRILLION. Countries such as Greece who were highly leveraged got nailed. But the ill-informed blamed it on Unions.