Why it's important not to pay a living wage:

[NYcarbineer]

1) human nature is such that $15/hr at McDonalds will mean that many McDonald's workers will not aspire to more and will have instead learned that you get ahead with the help of govt coercion.


2) a business always faces a choice between labor and capital: do I dig a ditch using 15 guys with shovels or one guy with a huge earth mover, or, do I hire a person to say, "Welcome to McDonalds, may I take your order" or do I use a touch screen. $15/hour pushes McDonalds toward the touch screen and customers toward eating at home. No net benefit is possible.

This is called the law of supply and demand. When price goes up people buy less not more. This is why Rolls Royce sells fewer cars than Ford.

Simple enough for a child to grasp but not an adult liberal.

Is that why there are so few poor people in India?

 

[EdwardBaiamonte]

Welfare should reward work -- the more hours you work, the more Welfare you get if you are in a qualifying "low income" line of work.
.

the problem is you don't work as hard and try to improve yourself when you get your wage subsidized by liberal govt

 

[The Rabbi]

Here's a question: if a worker is not earning a "living wage" then how is he supposed to live? Just a simple question.

live at home, with room mates, with wife, etc etc. work 2 jobs etc etc

Most min wage workers are living in homes with other wage earners. This isnt rocket science. But somehow the Left thinks everyone is "entitled" to $30/hr for doing basically nothing.

 

[EdwardBaiamonte]

1) human nature is such that $15/hr at McDonalds will mean that many McDonald's workers will not aspire to more and will have instead learned that you get ahead with the help of govt coercion.


2) a business always faces a choice between labor and capital: do I dig a ditch using 15 guys with shovels or one guy with a huge earth mover, or, do I hire a person to say, "Welcome to McDonalds, may I take your order" or do I use a touch screen. $15/hour pushes McDonalds toward the touch screen and customers toward eating at home. No net benefit is possible.

This is called the law of supply and demand. When price goes up people buy less not more. This is why Rolls Royce sells fewer cars than Ford.

Simple enough for a child to grasp but not an adult liberal.

Is that why there are so few poor people in India?

too stupid and illiterate as always!! India is socialist

 

[NYcarbineer]

I guess we should be happy then that all those good paying factory jobs our fathers and grandfathers may have worked have disappeared.

 

[NYcarbineer]

Here's a question: if a worker is not earning a "living wage" then how is he supposed to live? Just a simple question.

live at home, with room mates, with wife, etc etc. work 2 jobs etc etc

Most min wage workers are living in homes with other wage earners. This isnt rocket science. But somehow the Left thinks everyone is "entitled" to $30/hr for doing basically nothing.

Yes. They are spouses working the second household job trying to pay the bills. They are teenagers living at home trying to save up for college.

No reason we should respect those people, I guess.

 

[NYcarbineer]

1) human nature is such that $15/hr at McDonalds will mean that many McDonald's workers will not aspire to more and will have instead learned that you get ahead with the help of govt coercion.


2) a business always faces a choice between labor and capital: do I dig a ditch using 15 guys with shovels or one guy with a huge earth mover, or, do I hire a person to say, "Welcome to McDonalds, may I take your order" or do I use a touch screen. $15/hour pushes McDonalds toward the touch screen and customers toward eating at home. No net benefit is possible.

This is called the law of supply and demand. When price goes up people buy less not more. This is why Rolls Royce sells fewer cars than Ford.

Simple enough for a child to grasp but not an adult liberal.

Is that why there are so few poor people in India?

too stupid and illiterate as always!! India is socialist

You're an idiot. Is the minimum wage $15 in India?

 

[Davros]

There is not enough demand for skilled workers to sustain the full population.

dear, supply equals demand. This is econ 101 class one day one. Do you have the education to be here??

What? That sounds pretty stupid. During a famine, does supply equal demand? I'm talking actual on the ground demand not some theoretical "realized demand" sort of thing to fit crude Econ 101 models.

 

[EdwardBaiamonte]

You're an idiot. Is the minimum wage $15 in India?

no.....and your point is??? Do you have any idea what your point is???

 

[koshergrl]

There is not enough demand for skilled workers to sustain the full population.

dear, supply equals demand. This is econ 101 class one day one. Do you have the education to be here??

What? That sounds pretty stupid. During a famine, does supply equal demand? I'm talking actual on the ground demand not some theoretical "realized demand" sort of thing to fit crude Econ 101 models.

We aren't having a famine. Famines typically come about because of communist practices.

 

[EdwardBaiamonte]

. During a famine, does supply equal demand?.

yes dear it does but you have to have taken econ 101 to know what that means.

 

[koshergrl]

I guess we should be happy then that all those good paying factory jobs our fathers and grandfathers may have worked have disappeared.

Thanks to the unions pricing the wages out of sustainability.

 

[NYcarbineer]

You're an idiot. Is the minimum wage $15 in India?

no.....and your point is??? Do you have any idea what your point is???

My point is you're an idiot. That you don't know why is the icing on that cake.

 

[NYcarbineer]

I guess we should be happy then that all those good paying factory jobs our fathers and grandfathers may have worked have disappeared.

Thanks to the unions pricing the wages out of sustainability.

Unions don't set their own wages, retard.

 

[Davros]

Here's a question: if a worker is not earning a "living wage" then how is he supposed to live? Just a simple question.

live at home, with room mates, with wife, etc etc. work 2 jobs etc etc

How much do you think MacDonald should pay per hour? How about nursing home CNAs? How much per hour?

 

[NYcarbineer]

1) human nature is such that $15/hr at McDonalds will mean that many McDonald's workers will not aspire to more and will have instead learned that you get ahead with the help of govt coercion.


2) a business always faces a choice between labor and capital: do I dig a ditch using 15 guys with shovels or one guy with a huge earth mover, or, do I hire a person to say, "Welcome to McDonalds, may I take your order" or do I use a touch screen. $15/hour pushes McDonalds toward the touch screen and customers toward eating at home. No net benefit is possible.

This is called the law of supply and demand. When price goes up people buy less not more. This is why Rolls Royce sells fewer cars than Ford.

Simple enough for a child to grasp but not an adult liberal.

They're putting self serve checkouts in retail stores NOW. The minimum wage is not 15 bucks.

 

[EdwardBaiamonte]

How much do you think MacDonald should pay per hour? How about nursing home CNAs? How much per hour?

dear the free market decides all prices unless you want a lib nazi to do it??

 

[NYcarbineer]

Here's a question: if a worker is not earning a "living wage" then how is he supposed to live? Just a simple question.

live at home, with room mates, with wife, etc etc. work 2 jobs etc etc

How much do you think MacDonald should pay per hour? How about nursing home CNAs? How much per hour?

We have a government of the People. The People have the right to set the minimum wage.

 

[NYcarbineer]

How much do you think MacDonald should pay per hour? How about nursing home CNAs? How much per hour?

dear the free market decides all prices unless you want a lib nazi to do it??

Wrong. The People should control the market. That is why we have a democratic government.

 

[EdwardBaiamonte]

They're putting self serve checkouts in retail stores NOW. The minimum wage is not 15 bucks.

yes some are and certainly $15/ hour will greatly encourage them to do it faster!!!

See why we say slow???