Obama wants to raise the minimum wage when we're on the verge of a second recession?

[initforme]

why would anyone work for minimum wage in the first place? I dont think raising it is the answer. Those jobs should and are meant to be jobs where the expectations are lower than low, turnover is wanted by employers and they dont mind losing their best workers, and that just showing up and doing what is expected, no more, no less, is what they consist of. My kids worked minimum wage jobs, in high school.

 

[Remodeling Maidiac]

What planet do you live on where you believe this to be a good idea?

Beyond that when I take on commercial work I often have to hire temporary help. Help that picks up debris or does simple meanial tasks. Definitely not worthy of the 20+ dollar an hour cost it would end up being going though a temp agency. I simply wouldnt hire while others would resort to illegal under the table practices.

Well, just because you're a poor businessman who pays his people crappy wages doesn't mean everyone else is.

We hear this song every time this subject comes up. "Oh, if you raise the minimum wage, employers will slash payrolls!"

Except it never happens.

The construction business has been hammered harder than just about any other industry since 08. I am still here and flourishing. My employees are paid well. Hence they've been with me since this mess began. Some of the grunts come and go but that is par for the course in construction. Ive also won the national super service award every year but one in the last 8 years from Angies List. Only 5% of the companies rated on Angies List are eligible for this award. The award is based on extensive customer feedback.

You sir are an internet tool who has NO IDEA what you're talking about.

 

[NYcarbineer]

Labor is getting less and less a portion of what it produces in this country. More and more going to corporate profit.

That's as clear a representation of the redistribution of wealth in this country as you'll ever see.

 

[Remodeling Maidiac]

Labor is getting less and less a portion of what it produces in this country. More and more going to corporate profit.

That's as clear a representation of the redistribution of wealth in this country as you'll ever see.

To be clear sliding a product across a pricing scanner or dunking fries in grease are not really labor in my eyes as much as they are menial tasks that even a mildly retarded person could do.

The jobs pay what they are worth. Most minimum wage jobs do. If you're in your mid 20's and flipping burgers you got much bivger problems than minimum wage.

 

[Dubya]

the whole world's macro economics, because such things are the exceptions and not the norm. You are talking to someone who has been involved in investment and I know how to make money in a failing economy, just as I know how to make it in a prosperous one. If I want to make money, I don't need to know how good it will be, because I make my money knowing the direction of what an economy will be. I don't have a fortune to "invest" and it's put in quotations marks to point out that isn't investing in my country. Investing in your country means you don't take accumulated wealth and invest it in a sure win circumstance. It means you take your chances to find what tomorrow will bring and that's a great unknown. That's true investment and sometimes it fails and sometimes it doesn't. That's called capitalism and there are winners and losers when you put your capital up in primary investmens to make profit.

Then prove it. Why are they the exception? What is the factor in play there that shows the market is not behaving the way it 'should'. Further all of you've done is claim it's an exception. You have yet to point to any real world examples that prove your point. As far as your 'investment' strategy goes, if that's what it is, your the last person I would take advice from because your advice is idiotic. No actual investor would do that. In fact, arguably the most successful investor says exactly the opposite. Warren Buffett has said investing is like baseball and a batter waiting for the perfect pitch to knock out of the park. The only difference is in investing you never have to swing. You don't 'swing' until condition are perfect, until you know you're going to hit a home run. Keep following your own advice, investing in a bunch of stuff you hope makes it instead of researching whether it actually will and you'll be broke. If you want to learn about true investing watch some educational television like Shark Tank. Please, please, please stop dispensing investment advice or telling people how it works because you are clearly clueless.

Show me the person who gives a **** in our society, if people in the past cared enough about society to give their fortunes away towards the last year of their lives.! Maybe they do try and try is just another name for fail, but I'd be damned if I had control of all that money and wasted it like they often do.

It's irrelevent. It's their money. You don't get a say in how the spend it. Wisely or unwisely.

You bring up North Dakota and want someone to prove what happened there is exceptional? You have to be kidding. Let's show the obvious that all of America doesn't experience a boom town environment to a mind not capable of looking at anything and actually seeing it!

The problem with you right-wingers is you've turned your greed into a religion. You actually believe a free market without any outside influence will work, in spite of the reality that it never has. You are hell bent on getting us back to the Robber Baron days of sweat shops and third world standards, locking women away to work in the garment industry by chaining the doors and then claiming no liability when a fire kills them or they fall to their death from many stories above to escape the flames. It's all about your right to make your money and **** everybody else in the world, while you are doing it. You just can't understand why not allowing you to dig up gold ore from the earth and destroying a fishing industry worth hundreds of times your economic size doesn't make sense. You say: **** all those people making their living and their industry, because it isn't you, right! **** being sociable, because the word is too close to socialism in a dictionary! The world, the universe only has one trinity, me, myself and I.

It's a mystery to me how you worshipers of the BEAST managed to get Christians to support you or your kind. It's time you met a Christian, like Peter and like Samson, who took the jawbone of an ass and slaughtered thousands of you Philistines, and you are the jawbone of an ass.

 

[Remodeling Maidiac]

I think you guys should all pitch a tent in the park and protest again. Just dont shit in you communal area this time. Im sure you learned this lesson last time right?

 

[Dubya]

I think you guys should all pitch a tent in the park and protest again. Just dont shit in you communal area this time. Im sure you learned this lesson last time right?

I think you ought to go back sucking the wang where you came from and leave men alone!

 

[iolo]

How can the capitalist thieves work their ludicrous system if they've stolen everyone's money?

 

[NYcarbineer]

Labor is getting less and less a portion of what it produces in this country. More and more going to corporate profit.

That's as clear a representation of the redistribution of wealth in this country as you'll ever see.

To be clear sliding a product across a pricing scanner or dunking fries in grease are not really labor in my eyes as much as they are menial tasks that even a mildly retarded person could do.

The jobs pay what they are worth. Most minimum wage jobs do. If you're in your mid 20's and flipping burgers you got much bivger problems than minimum wage.

Well it's alot closer to work than inheriting a big stock portfolio from your parents and then sitting around on your ass all day living off the profits that the real people who do the real work are generating for you.

 

[NYcarbineer]

The state of Washington has a minimum wage of $9.19 and an unemployment rate of 7.6%, below the national average.

According to some of the arguments in this thread, WA should have the highest UE in the country.

Obviously those arguments are without merit.

If that is what you think then you haven't been listening very well. North Dakota minimum wage is $7.25/hr. Their unemployment rate is like 3%. Clearly your pattern doesn't hold and you are not able to grasp the fact that more than just what the minumum wage is plays into unemployment rates. Nor does the min wage have a large impact in total unemployment. What would have to be measured to determine the effect of the minumum wage is does the number of min wage jobs go up or down when there is a mandated min wage increase. In ND for example a min wage increase may no effect on unemployment rates because everyone already gets paid well more than that. In another place where there are a lot of min wage jobs you may see greater increases in unemployment.

Thanks for proving my point. There is no correlation between minimum wage and UE.

It's immoral to pay people crap wages for their labor. That's the only truth that really matters.

 

[NYcarbineer]

Labor is getting less and less a portion of what it produces in this country. More and more going to corporate profit.

That's as clear a representation of the redistribution of wealth in this country as you'll ever see.

To be clear sliding a product across a pricing scanner or dunking fries in grease are not really labor in my eyes as much as they are menial tasks that even a mildly retarded person could do.

The jobs pay what they are worth. Most minimum wage jobs do. If you're in your mid 20's and flipping burgers you got much bivger problems than minimum wage.

Jobs pay what they are worth? So you're saying what? that at the beginning of the chart I posted,

American workers were overpaid?

 

[ScreamingEagle]

The state of Washington has a minimum wage of $9.19 and an unemployment rate of 7.6%, below the national average.

According to some of the arguments in this thread, WA should have the highest UE in the country.

Obviously those arguments are without merit.

If that is what you think then you haven't been listening very well. North Dakota minimum wage is $7.25/hr. Their unemployment rate is like 3%. Clearly your pattern doesn't hold and you are not able to grasp the fact that more than just what the minumum wage is plays into unemployment rates. Nor does the min wage have a large impact in total unemployment. What would have to be measured to determine the effect of the minumum wage is does the number of min wage jobs go up or down when there is a mandated min wage increase. In ND for example a min wage increase may no effect on unemployment rates because everyone already gets paid well more than that. In another place where there are a lot of min wage jobs you may see greater increases in unemployment.

Thanks for proving my point. There is no correlation between minimum wage and UE.

It's immoral to pay people crap wages for their labor. That's the only truth that really matters.

"crap wages" are NOT "crap" to the guy who takes the job.....otherwise why would he take the job...?

 

[NYcarbineer]

Labor is getting less and less a portion of what it produces in this country. More and more going to corporate profit.

That's as clear a representation of the redistribution of wealth in this country as you'll ever see.

To be clear sliding a product across a pricing scanner or dunking fries in grease are not really labor in my eyes as much as they are menial tasks that even a mildly retarded person could do.

The jobs pay what they are worth. Most minimum wage jobs do. If you're in your mid 20's and flipping burgers you got much bivger problems than minimum wage.

So what's fair price for assembling I-phones, or the related mfg jobs? The Chinese get less than a dollar an hour.

Is that what a job like that is worth? Shouldn't, therefore, any American doing comparable work also be paid $.50 an hour?

 

[NYcarbineer]

If that is what you think then you haven't been listening very well. North Dakota minimum wage is $7.25/hr. Their unemployment rate is like 3%. Clearly your pattern doesn't hold and you are not able to grasp the fact that more than just what the minumum wage is plays into unemployment rates. Nor does the min wage have a large impact in total unemployment. What would have to be measured to determine the effect of the minumum wage is does the number of min wage jobs go up or down when there is a mandated min wage increase. In ND for example a min wage increase may no effect on unemployment rates because everyone already gets paid well more than that. In another place where there are a lot of min wage jobs you may see greater increases in unemployment.

Thanks for proving my point. There is no correlation between minimum wage and UE.

It's immoral to pay people crap wages for their labor. That's the only truth that really matters.

"crap wages" are NOT "crap" to the guy who takes the job.....otherwise why would he take the job...?

Oh, so your position is that everyone in low paying jobs is there voluntarily because they prefer to be poor?

lol, you're retarded.

 

[ScreamingEagle]

Thanks for proving my point. There is no correlation between minimum wage and UE.

It's immoral to pay people crap wages for their labor. That's the only truth that really matters.

"crap wages" are NOT "crap" to the guy who takes the job.....otherwise why would he take the job...?

Oh, so your position is that everyone in low paying jobs is there voluntarily because they prefer to be poor?

lol, you're retarded.

why would they be there "voluntarily" if they have the chops to get a better job....?

 

[Remodeling Maidiac]

Labor is getting less and less a portion of what it produces in this country. More and more going to corporate profit.

That's as clear a representation of the redistribution of wealth in this country as you'll ever see.

To be clear sliding a product across a pricing scanner or dunking fries in grease are not really labor in my eyes as much as they are menial tasks that even a mildly retarded person could do.

The jobs pay what they are worth. Most minimum wage jobs do. If you're in your mid 20's and flipping burgers you got much bivger problems than minimum wage.

Jobs pay what they are worth? So you're saying what? that at the beginning of the chart I posted,

American workers were overpaid?

I didnt look at nor do I give a damn about some stupid chart. I live in the real world and pay real wages. I do t give a **** what walmart pays their highschool drop outs.

Get it?

 

[Gadawg73]

No one on the Obama administration understands small business or economics.
These clowns want to raise the wages small business pays their employees by 20%.
And guess what the margins are for most all small business that hires low skilled uneducated workers?
Right at 20%.
If this happens immediately these businesses will be out of business unless they lay people off.
Which is exactly what happens every time the minimum wage is raised.
I keep hearing this shit about "a family can not live on the minimum wage"
NOT MY ******* PROBLEM.
If a family is making that low wage because they are too lazy and ignorant to educate themselves to what the market demands THEN DO NOT HAVE ANY DAMN KIDS.
Amazing how stupid this country has become. These fools go out and have kids, have no education, no skills, no smarts at all and then they demand we pay them enough so they can live without having to suffer the consequences of their actions.
**** THEM.

 

[Gadawg73]

This is all about the unions and the Democrats bending over backwards and taking it up the ass from them with a smile.
Many union contracts the starting wage is set a certain % above the minimum wage.
And Obama is pimping for them once again. All he does is campaign.
Unions are for losers that are too stupid to negotiate on their own and have to have Mommy wipe their ass for them.
This is pay back for the tens of millions unions steal from their workers to give to Democrat candidates only.

 

[1Templar]

"I can't speak for everyone, I can only speak for me.

Paying pittance is lots of fun, even if its still slavery. "

 

[Gadawg73]

"I can't speak for everyone, I can only speak for me.

Paying pittance is lots of fun, even if its still slavery. "

A job pays what the market demands.
My neighbor's son is 21 and graduated with an IT degree. He started at 48K a year.
Something about not majoring in Greek mythology which is not in demand in the business place.
Friend of my oldest son went to HVAC vocational school for 18 months and got his certificate. His first year he made $12 a hour for the first 6 months and then $15 a hour.
After he was there for 18 months they put him as a trainee for service calls at $16 a hour. Within 6 months they had him making the service calls. His pay?
1/2, ONE HALF of what he billed out in labor. Most days he makes $200+
24 year old kid making 60K a year doing HVAC.
Ditto for plumbers, auto mechanics and the hundreds of thousands of other skilled jobs that are unfilled in America.
Why?
Because Americans are ******* lazy and want a "living wage" for saying "do you want fries with that" 8 hours a day.