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Wages should be set according to the real productive value of the work done by the employee.
If a person is 'low skilled', but their labor producing large profits for their employer, then they should be well paid.
No I disagree with that even.
Because for example, the cost to opening a McDonald's store, averages around $2.5 Million dollars.
The average McDonald's store owner, has invested a million dollars of their own personal money... and they have borrowed another million and a half. And then you think that the burger flipper should paid well for what?
McDonald's stores fail all the time too. The store I worked at in high school is closed.
If that store closes, I being the owner now am $1.5 Million in debt, and I lost the $1 Million I invested... but you the burger flipper think you should be paid well? For what?
If the business fails you lost nothing. I lost millions. You will leave without any debt from the business. I'll end up with $1.5 Million in debt from the business.
You simply find another job. I end up in bankruptcy, or a lien on the house, and spending years paying bankers.
Not to mention the fact that in the event there is a problem, who do they call? You, the low-wage employee? Or me the owner of the store? You don't own the responsibility of anything. I do.
And lets not forget that the business owners and CEO, are often working 50 to 70 hours a week, while you put in 40 hours and leave.
So this idea that you should be paid tons of money for low value work.... just because it generates more wealth... no. I don't buy that at all.
Y'know, people always go on about "McDonald's is a big corporation, so I'm SURE they can afford to pay their burger flippers $15 an hour." Truth is, McDonald's Corporation actually operates very few of the McDonald's restaurants. Their primary business is franchising. Most of the stores are individually-owned and -operated. They are, in fact, small businesses working on a small profit margin with, most likely, not a lot of capital to act as a cushion.
So I was working at Wendy's back in high school. I remember talking with the manager of the store, who said the store had lost money that month.
Now obviously they didn't lose money every month, but we had a bad month, and we had gone over budget on food costs, and didn't make up for it with additional sales.
It just so happened that that very same month, there was a huge story in the papers about how Wendy's had posted record profits, and everyone in the store was talking about how they should get a pay raise, because Wendy's posted a huge profit.
I remember being confused about what to think, because I saw the story and knew Wendy's had posted huge profits, but here people were asking to get a raise when the store we were at posted a loss.
Of course I did not understand then, what I do now, that every franchise, and indeed even ever store, has it's own budget, it's own profit and loss, and it's own wages to pay.
Even if the store is owned by the the corporate itself, rather than a franchisee... it still is run like a completely separate business.
The company isn't going to pay out to keep a store open, that is losing money. If the store loses money, they close it. Why would you keep a business going that is losing money?
So this idea that X.corp made a profit, so I should get a pay raise when my store I work for is losing money... no. That's not a thing.
Exactly. What Wendy's the corporation made a profit on was franchising fees, not on selling burgers.
Each of those franchises makes there money selling burgers. Increasing wages can be offset by passing the costs to the customer...and by lowering the cost of the franchise...and by reducing the standard of living of the franchise owner.
No more Cadallacs!!!!
Do you know how much money it takes to open a store? Like take McDonald. Do you know how much money it takes to open a McDonald's store?
The average is $2.5 Million dollars.
Do you know how much money you can make investing in the stock market, in just a regular nothing fancy, index fund?
You can make about 7%.
7% of $2.5 million is $175,000. That means for the cost of opening a McDonald's, you could sit at home doing nothing, and collect $175,000 a year.
Why would anyone open a McDonald's, instead of just sitting at home collecting money from your investments? Why would spend $2.5 Million dollars on a McDonald's?
Because you do know that restaurants close all the time. Why would you risk $2.5 million dollars on opening a store, if you could sit at home collecting $175,000 a year on your investments?
You want to know why? Because you can make a ton more by running a store.
And if you make it so that people can't make a ton more running a store.....
Then they won't run the store. They won't open the stores. Won't create jobs. Won't serve customers. They'll close. They lay off all the workers, and go invest in the stock market, and make money there.
Do you see the problem? No one is going to provide jobs, unless they can buy a luxury car. No one is going to lower their standard of living. They will just lay you off, and do something else.
What you are saying is not going to happen. You can say that until the end of time, but it isn't going to happen. Never has by the way. In 2007 when they jacked up the minimum wage, no employer anywhere in the entire world, was saying "aww bummer. Gotta sell the BMW now..."
Never happened. And never will.
That's why investors are rich by the way. If you make it so that it isn't profitable to do something... they just stop doing it, and invest somewhere else where it is profitable.
If you make it so employers can't live the life style they want... they don't stop living that way... they find something else to do, and lay everyone off.
When Hostess went bankrupt, the company didn't cut wages to all the executives. The executives just filed for bankruptcy, laid everyone off, and then left to do other things. They are fine today. Still driving BMWs. You know who didn't fair so well? The employees who wanted hire wages, and were laid off to earn zero wages.
That's how this works.
This reminds me of a video I watched recently wherein a college knowitall brainwashed kid was talking about how he wants to go to Sweden because their average income is higher than America.
So.... yeah.... Sweden also has the 2nd highest rent cost in the world.
Sweden also has a tax rate double our own.
Eating out in Sweden is painfully expensive, with the average per person cost at $23 for low-end restaurants.
Overall Sweden has a 20% higher cost of living than New York City!! One of the highest cost in America!
Dolts like this is who votes.
Why fascism is always right wing. Hitler loved big business and aristocrats.Democrats. Textbook Fascism.
View attachment 460323
Don’t you ever get tire of these empty ridiculous proclamations?! You don’t actually think you are making substantive points do you?! They sound like this...Free thinking self sufficient individuals are Democrat enemies. They want government dependents
Small businesses are more difficult to control.Rep. Ro Khanna (D-CA) told CNN in an interview on Sunday that he and presumably other Democrats “don’t want low-wage” small businesses as he advocated for increasing the minimum wage. “We don’t want low-wage businesses,” he said when asked if mom and pop shops should be forced to pay employees more. “I think most successful small businesses can pay a fair wage.”
No beating around the bush there. The Rich and big-time Corporations only. F these local businesses who don't succeed by economies of scale. No open market of ideas. If you can't pay what I think you should, you should be erased.
The latest daily example of Leftist totalitarianism.
They want every business controlled directly by Big Government.
Communism 101.
Actually Democrats want fair capitalism with a good safety net. Corporatism is on the way to right-wing fascism.Free thinking self sufficient individuals are Democrat enemies. They want government dependents
So why is the United States the only modern country without a living wage health care daycare paid perental leave cheap college and training great infrastructure and vacations and ID card to end illegal immigration and mainly taxing the rich more like their fair share? The Giveaway to the rich GOP....This reminds me of a video I watched recently wherein a college knowitall brainwashed kid was talking about how he wants to go to Sweden because their average income is higher than America.
So.... yeah.... Sweden also has the 2nd highest rent cost in the world.
Sweden also has a tax rate double our own.
Eating out in Sweden is painfully expensive, with the average per person cost at $23 for low-end restaurants.
Overall Sweden has a 20% higher cost of living than New York City!! One of the highest cost in America!
Dolts like this is who votes.
YES! Preach on. And by the way, the average in come is high, not because they get paid more. It's because people there tend to get higher paying jobs. More people get a degree and get into engineer or programming, than they have people sitting at Burger King whopper flopping.
I actually know a lady that moved to the US from Sweden. And I was curious about this, and asked her which place she thought was better.
She said Sweden was better.
Ok.... then I asked her, genuinely curious, why then doesn't she go back to Sweden? Obviously if Sweden really is better, and she is a Swedish citizen, going back would be easy... so why doesn't she do that if Sweden is better?
The answer was telling. Well if she moved back, she would have to take a large pay cut, and because the cost of everything is so high, she would have to get a very tiny place to live compared to here in the US, and buying a car is horribly expensive to own and operate, so she would be back to riding a bicycle.
People talk about how great everything is elsewhere, but when it really experience life in the US compared to elsewhere....
their feet speak louder than their words.
No they want living wage small business jobs, brainwashed functional moron.Rep. Ro Khanna (D-CA) told CNN in an interview on Sunday that he and presumably other Democrats “don’t want low-wage” small businesses as he advocated for increasing the minimum wage. “We don’t want low-wage businesses,” he said when asked if mom and pop shops should be forced to pay employees more. “I think most successful small businesses can pay a fair wage.”
No beating around the bush there. The Rich and big-time Corporations only. F these local businesses who don't succeed by economies of scale. No open market of ideas. If you can't pay what I think you should, you should be erased.
The latest daily example of Leftist totalitarianism.
Expected rebuttal from a fact absent emoter. Thanks for raising your handDon’t you ever get tire of these empty ridiculous proclamations?! You don’t actually think you are making substantive points do you?! They sound like this...Free thinking self sufficient individuals are Democrat enemies. They want government dependents
Cannibal aliens from Uranus are the people of Weather53. He is hoping they take over the earth someday soon so he can eat brains for breakfast
Fact absent... exactly! That’s what I was referring to when I pointed out your empty proclamationsExpected rebuttal from a fact absent emoter. Thanks for raising your handDon’t you ever get tire of these empty ridiculous proclamations?! You don’t actually think you are making substantive points do you?! They sound like this...Free thinking self sufficient individuals are Democrat enemies. They want government dependents
Cannibal aliens from Uranus are the people of Weather53. He is hoping they take over the earth someday soon so he can eat brains for breakfast
They do not want your made up phrase “fair capitalism “because that requires competition and they feel competitiveness is unfair because they do it so poorly and “the white people usually win” Handouts are way better and “fairer”Small businesses are more difficult to control.Rep. Ro Khanna (D-CA) told CNN in an interview on Sunday that he and presumably other Democrats “don’t want low-wage” small businesses as he advocated for increasing the minimum wage. “We don’t want low-wage businesses,” he said when asked if mom and pop shops should be forced to pay employees more. “I think most successful small businesses can pay a fair wage.”
No beating around the bush there. The Rich and big-time Corporations only. F these local businesses who don't succeed by economies of scale. No open market of ideas. If you can't pay what I think you should, you should be erased.
The latest daily example of Leftist totalitarianism.
They want every business controlled directly by Big Government.
Communism 101.Actually Democrats want fair capitalism with a good safety net. Corporatism is on the way to right-wing fascism.Free thinking self sufficient individuals are Democrat enemies. They want government dependents
Why fascism is always right wing. Hitler loved big business and aristocrats.
Always good to get the racist out look...fair capitalism is what they have in every other modern country but us dumbass doop. We are the only one without a living wage health care daycare paid parental leave cheap college and training great infrastructure and vacations ID card to end illegal immigration and mainly tax ing the rich more like their fair share. Thanks g o p and ignoramuses is like you.....They do not want your made up phrase “fair capitalism “because that requires competition and they feel competitiveness is unfair because they do it so poorly and “the white people usually win” Handouts are way better and “fairer”Small businesses are more difficult to control.Rep. Ro Khanna (D-CA) told CNN in an interview on Sunday that he and presumably other Democrats “don’t want low-wage” small businesses as he advocated for increasing the minimum wage. “We don’t want low-wage businesses,” he said when asked if mom and pop shops should be forced to pay employees more. “I think most successful small businesses can pay a fair wage.”
No beating around the bush there. The Rich and big-time Corporations only. F these local businesses who don't succeed by economies of scale. No open market of ideas. If you can't pay what I think you should, you should be erased.
The latest daily example of Leftist totalitarianism.
They want every business controlled directly by Big Government.
Communism 101.Actually Democrats want fair capitalism with a good safety net. Corporatism is on the way to right-wing fascism.Free thinking self sufficient individuals are Democrat enemies. They want government dependents
Hell no, and neither does the GOP of the last 40 years, brainwashed functional moron. Dictatorships have big government. all the GOP cares about is cutting taxes on the rich and programs to help regular people, starting a corrupt bubble, and brainwashing the fools like you.Why fascism is always right wing. Hitler loved big business and aristocrats.
Fascists are always trying to reduce the size of government, eh comrade?
When your fact gun is empty always get the word”racist” out as a cover method.Always good to get the racist out look...fair capitalism is what they have in every other modern country but us dumbass doop. We are the only one without a living wage health care daycare paid parental leave cheap college and training great infrastructure and vacations ID card to end illegal immigration and mainly tax ing the rich more like their fair share. Thanks g o p and ignoramuses is like you.....They do not want your made up phrase “fair capitalism “because that requires competition and they feel competitiveness is unfair because they do it so poorly and “the white people usually win” Handouts are way better and “fairer”Small businesses are more difficult to control.Rep. Ro Khanna (D-CA) told CNN in an interview on Sunday that he and presumably other Democrats “don’t want low-wage” small businesses as he advocated for increasing the minimum wage. “We don’t want low-wage businesses,” he said when asked if mom and pop shops should be forced to pay employees more. “I think most successful small businesses can pay a fair wage.”
No beating around the bush there. The Rich and big-time Corporations only. F these local businesses who don't succeed by economies of scale. No open market of ideas. If you can't pay what I think you should, you should be erased.
The latest daily example of Leftist totalitarianism.
They want every business controlled directly by Big Government.
Communism 101.Actually Democrats want fair capitalism with a good safety net. Corporatism is on the way to right-wing fascism.Free thinking self sufficient individuals are Democrat enemies. They want government dependents
Hell no, and neither does the GOP of the last 40 years,
Look at his post and tell me race has nothing to do with it.When your fact gun is empty always get the word”racist” out as a cover method.Always good to get the racist out look...fair capitalism is what they have in every other modern country but us dumbass doop. We are the only one without a living wage health care daycare paid parental leave cheap college and training great infrastructure and vacations ID card to end illegal immigration and mainly tax ing the rich more like their fair share. Thanks g o p and ignoramuses is like you.....They do not want your made up phrase “fair capitalism “because that requires competition and they feel competitiveness is unfair because they do it so poorly and “the white people usually win” Handouts are way better and “fairer”Small businesses are more difficult to control.Rep. Ro Khanna (D-CA) told CNN in an interview on Sunday that he and presumably other Democrats “don’t want low-wage” small businesses as he advocated for increasing the minimum wage. “We don’t want low-wage businesses,” he said when asked if mom and pop shops should be forced to pay employees more. “I think most successful small businesses can pay a fair wage.”
No beating around the bush there. The Rich and big-time Corporations only. F these local businesses who don't succeed by economies of scale. No open market of ideas. If you can't pay what I think you should, you should be erased.
The latest daily example of Leftist totalitarianism.
They want every business controlled directly by Big Government.
Communism 101.Actually Democrats want fair capitalism with a good safety net. Corporatism is on the way to right-wing fascism.Free thinking self sufficient individuals are Democrat enemies. They want government dependents
and people are leaving in drovesWhat is wrong with not wanting businesses that pay low wages? The state has one of the highest cost factors to exist there. The state is number one in the nation with GDP.Rep. Ro Khanna (D-CA) told CNN in an interview on Sunday that he and presumably other Democrats “don’t want low-wage” small businesses as he advocated for increasing the minimum wage. “We don’t want low-wage businesses,” he said when asked if mom and pop shops should be forced to pay employees more. “I think most successful small businesses can pay a fair wage.”
No beating around the bush there. The Rich and big-time Corporations only. F these local businesses who don't succeed by economies of scale. No open market of ideas. If you can't pay what I think you should, you should be erased.
The latest daily example of Leftist totalitarianism.
dude about 89 percent of the mega rich are hard core democratsHell no, and neither does the GOP of the last 40 years,
But recently Dems were whining that the Republicans wanted to shrink government and push Grandma off the cliff. Were the Dems lying, as usual?
all the GOP cares about is cutting taxes on the rich
So fascists are all about cutting taxes?
More like 50% and they want to raise taxes on themselves unlike the greedy idiot Republican mega rich brainwashers.dude about 89 percent of the mega rich are hard core democratsHell no, and neither does the GOP of the last 40 years,
But recently Dems were whining that the Republicans wanted to shrink government and push Grandma off the cliff. Were the Dems lying, as usual?
all the GOP cares about is cutting taxes on the rich
So fascists are all about cutting taxes?
