The Dirty Little Truth About the Minimum Wage

[owebo]

That's not to mention that only 3% of our workforce actually works for minimum wage in the first place. And many of them (providing they stay with the same company) will be working above minimum wage within a year.

So why are you so keen on letting big corporations exploit 3% of the population?

You mean employ?

 

[Ray From Cleveland]

So why are you so keen on letting big corporations exploit 3% of the population?

Who's being exploited? Companies offer work to people, and they are free to accept it or decline.

That's not to mention out of those 3% of people, most are senior citizens just looking to keep occupied, high school or college kids looking for extra money, or stay at home wives that want to add to the household income while the kids are in school.

 

[Ray From Cleveland]

I agree. We totally need to cut the Million Dollar salaries of CEO's to make it fair for the consumer....

Yeah, that would make it fair to the consumer. Let's see, if we get rid of that million dollar salary, divide that by the tens of millions of products Walmart sells per year, why that could reduce the cost of the products they buy by almost one-cent each.

You are amazing Joe, you missed your call with these great ideas of yours, how sad. To be a rock and not to roll.........

 

[JoeB131]

That's not to mention out of those 3% of people, most are senior citizens just looking to keep occupied, high school or college kids looking for extra money, or stay at home wives that want to add to the household income while the kids are in school.

So let me get this straight. Senior Citizens lose their shirt in the Wall Street Casino, have to work for minimum wage to keep from eating dog food, and you think this is a good thing?

Battered Housewife Conservatism, everyone. No matter how badly the rich beat him down, he'll keep making excuses for them. He'll drive through the ruins of Cleveland - a true cesspool- and blame poor people for it.

Yeah, that would make it fair to the consumer. Let's see, if we get rid of that million dollar salary, divide that by the tens of millions of products Walmart sells per year, why that could reduce the cost of the products they buy by almost one-cent each.

Okay, let's look at that.


None

"The Walton family, which owns Wal-Mart, controls a fortune equal to the wealth of the bottom 42 percent of Americans combined."

Bivens wrote that in 2010, the wealth of six Walton family heirs was $89.5 billion, 22 percent higher than in 2007.

Meanwhile, the median wealth of American families in 2010 was $77,300, nearly 39 percent lower than three years earlier.

(Median wealth refers to the American family that is exactly wealthier than half of all families and less wealthy than half.)

As for measuring one against the other, Bivens said the Walton family wealth in 2010 was as large as the wealth of the bottom 48.8 million families in the United States, or 41.5 percent of all American families.

 

[Wyatt earp]

You stupid dumb **** propaganda tool

What about the price of

A ding dong?

Bread?

A candy bar?

Lawn care

God Damn fool pennies add up to probably around an extra $50 bucks or so a week

I agree. We totally need to cut the Million Dollar salaries of CEO's to make it fair for the consumer....

Oh, wait. Sorry, that's not what you are going for, is it?

Was Does the multimillion dollar salary CEOs have to with anything except your jealous and don't know payroll or profit margins

 

[Wyatt earp]

That's not to mention out of those 3% of people, most are senior citizens just looking to keep occupied, high school or college kids looking for extra money, or stay at home wives that want to add to the household income while the kids are in school.

So let me get this straight. Senior Citizens lose their shirt in the Wall Street Casino, have to work for minimum wage to keep from eating dog food, and you think this is a good thing?

Battered Housewife Conservatism, everyone. No matter how badly the rich beat him down, he'll keep making excuses for them. He'll drive through the ruins of Cleveland - a true cesspool- and blame poor people for it.

Yeah, that would make it fair to the consumer. Let's see, if we get rid of that million dollar salary, divide that by the tens of millions of products Walmart sells per year, why that could reduce the cost of the products they buy by almost one-cent each.

Okay, let's look at that.


None

"The Walton family, which owns Wal-Mart, controls a fortune equal to the wealth of the bottom 42 percent of Americans combined."

Bivens wrote that in 2010, the wealth of six Walton family heirs was $89.5 billion, 22 percent higher than in 2007.

Meanwhile, the median wealth of American families in 2010 was $77,300, nearly 39 percent lower than three years earlier.

(Median wealth refers to the American family that is exactly wealthier than half of all families and less wealthy than half.)

As for measuring one against the other, Bivens said the Walton family wealth in 2010 was as large as the wealth of the bottom 48.8 million families in the United States, or 41.5 percent of all American families.

So what?

Curious, I got my first "real" job when I was 16. That would have been 1960. I got a job bagging groceries for $0.85 an hour because we also got tips. Minimum wage otherwise was $1.00. NO ONE, NO ONE, expected or even dreamed of that being a "LIVING WAGE" or anything upon which to start a household. It is a place to START, learn a work ethic and move up.

Do you believe that workers remain in the same income level all their lives?

No, but here's the thing. You should make a living wage. Period.

Why are we even still discussing this?

They would raise wages if there was no minimum wage and only paying a buck an hour no one would work for them. They wouldn't be in business .

The government would take care of them.

 

[Conservative65]

Oh yes, Hugo was very much anti-Catholic as well. Again, much of the New Deal legislation punished minorities including poor Irish (Catholic) immigrants. Racist, anti-black, anti-Asian, anti-Jewish, anti-Catholic policies designed to help white males... that's the legacy of how progressives "help people" in America.

Yeah, funny thing about that. How come things get better for working people when Democrats are in charge and WORSE when Republicans are in charge, then?

Shit, guy, the only Republican you guys can talk nice about is Ronnie Raygun, because all the things he fucked up didn't hit until Bush was president. But the Bushes, Ford, Nixon, Hoover, you don't want to talk about THOSE guys. Ike is someone you could be proud of, but he pretty much admitted the Democrats were right on most of the issues.

Then why are millions more on food stamps at the same 4.9% unemployment as Bush had with only 27 million? Can't the black Democrat do a better job?

 

[Wyatt earp]

That's not to mention out of those 3% of people, most are senior citizens just looking to keep occupied, high school or college kids looking for extra money, or stay at home wives that want to add to the household income while the kids are in school.

So let me get this straight. Senior Citizens lose their shirt in the Wall Street Casino, have to work for minimum wage to keep from eating dog food, and you think this is a good thing?

Battered Housewife Conservatism, everyone. No matter how badly the rich beat him down, he'll keep making excuses for them. He'll drive through the ruins of Cleveland - a true cesspool- and blame poor people for it.

Yeah, that would make it fair to the consumer. Let's see, if we get rid of that million dollar salary, divide that by the tens of millions of products Walmart sells per year, why that could reduce the cost of the products they buy by almost one-cent each.

Okay, let's look at that.


None

"The Walton family, which owns Wal-Mart, controls a fortune equal to the wealth of the bottom 42 percent of Americans combined."

Bivens wrote that in 2010, the wealth of six Walton family heirs was $89.5 billion, 22 percent higher than in 2007.

Meanwhile, the median wealth of American families in 2010 was $77,300, nearly 39 percent lower than three years earlier.

(Median wealth refers to the American family that is exactly wealthier than half of all families and less wealthy than half.)

As for measuring one against the other, Bivens said the Walton family wealth in 2010 was as large as the wealth of the bottom 48.8 million families in the United States, or 41.5 percent of all American families.

They are providing a service, they gave the consumer what they wanted and now you ***** about it?

God Damn someone like Taylor swift is rich as heck. She provided a service , people bought it

 

[dblack]

You stupid dumb **** propaganda tool

What about the price of

A ding dong?

Bread?

A candy bar?

Lawn care

God Damn fool pennies add up to probably around an extra $50 bucks or so a week

I agree. We totally need to cut the Million Dollar salaries of CEO's to make it fair for the consumer....

Oh, wait. Sorry, that's not what you are going for, is it?

If you are responsible for paying CEO's, you should definitely cut their salaries to whatever you think is appropriate.

 

[Boss]

No, but here's the thing. You should make a living wage. Period. Why are we even still discussing this?

Well, we are still discussing it because you're a muscle-headed moron. No, you shouldn't be making a living wage unless the work you're doing for the one who is paying you is worth a living wage, whatever the **** that is. No one anywhere is required to provide you a job and you're not required to accept a job. You shouldn't be entitled to a certain wage and no one should be obligated to pay you a certain wage. These factors should be determined by the free market.

 

[Wyatt earp]

No, but here's the thing. You should make a living wage. Period. Why are we even still discussing this?

Well, we are still discussing it because you're a muscle-headed moron. No, you shouldn't be making a living wage unless the work you're doing for the one who is paying you is worth a living wage, whatever the **** that is. No one anywhere is required to provide you a job and you're not required to accept a job. You shouldn't be entitled to a certain wage and no one should be obligated to pay you a certain wage. These factors should be determined by the free market.

Joe is a slug, he toils to work every day, with the attitude, " if your going to pretend to pay me I pretend to work"

He fantizes about a world that hires 30 grand a year CEOs that make as much as him..in his mind of prentend to pay me I pretend to work a CEO is the same as him, he just got lucky with connections and is white.

 

[Boss]

Joe is a slug, he toils to work every day, with the attitude, " if your going to pretend to pay me I pretend to work"

He fantizes about a world that hires 30 grand a year CEOs that make as much as him..in his mind of prentend to pay me I pretend to work a CEO is the same as him, he just got lucky with connections and is white.

If Joey works (doubtful) it is a job where he can **** off all the time and post his nonsense on USMB because that's how he spends each day. My suspicion is, he's drawing disability. He seems like that type.

 

[JoeB131]

They are providing a service, they gave the consumer what they wanted and now you ***** about it?

God Damn someone like Taylor swift is rich as heck. She provided a service , people bought it

The Waltons destroyed small business in this country, and you want to pat them on the back for it.

Man, you people raise stupid to an art form.

 

[JoeB131]

Well, we are still discussing it because you're a muscle-headed moron. No, you shouldn't be making a living wage unless the work you're doing for the one who is paying you is worth a living wage, whatever the **** that is. No one anywhere is required to provide you a job and you're not required to accept a job. You shouldn't be entitled to a certain wage and no one should be obligated to pay you a certain wage. These factors should be determined by the free market.

**** free markets. Free markets are working people sending their children to work in sweatshops...

I frankly think that the person behind the counter at a McDonalds has a lot more to do with providing good service than a CEO who gets 8 figures for making bad decisions.

 

[JoeB131]

If Joey works (doubtful) it is a job where he can **** off all the time and post his nonsense on USMB because that's how he spends each day. My suspicion is, he's drawing disability. He seems like that type.

Wrong on all counts. check the tie stamps on my posts. I post eitehr during my lunch hour or before or after work.

On the other hand, you and Bear seem to be here pretty much all day when sensible people are working. So I wonder who is sponging off whom..

 

[Afterword]

I will leave you guys with a few questions to consider.


If a mandatory minimum wage had never been implemented, what would the average wage for unskilled labor be? Would it be what it is today or less? If less, how much less?


In addition there are no government assistance programs. No welfare, Medicaid, employment insurance, etc.


How would this impact our country? Would the crime rate be the same or higher? Would poverty increase or decrease? What impact would this have on the economy?

 

[Wyatt earp]

They are providing a service, they gave the consumer what they wanted and now you ***** about it?

God Damn someone like Taylor swift is rich as heck. She provided a service , people bought it

The Waltons destroyed small business in this country, and you want to pat them on the back for it.

Man, you people raise stupid to an art form.

No Joe the consumers who buy shit from Walmart destroyed the small business mom and pop stores.
Again Joe what came first big box stores or mom and pop stores.

Was Sam Walton devious?

Nope he gave the consumer what they wanted..

Was he wrong to give his kids the money?

He'll no...

Why would you think it's right to give the government the money the empire you created not to your children?

 

[JoeB131]

I will leave you guys with a few questions to consider.

If a mandatory minimum wage had never been implemented, what would the average wage for unskilled labor be? Would it be what it is today or less? If less, how much less?

In addition there are no government assistance programs. No welfare, Medicaid employment insurance, etc.

How would this impact our country? Would the crime rate be the same or higher? Would poverty increase or decrease? What impact would this have on the economy?

Not to worry. Boss and Bear have their guns and bibles, they'll be fine when civilization collapses...

 

[healthmyths]

Most of you, like myself, have learned about the Great Depression through the prism of public education. We were taught that FDR came into office, implemented his New Deal policies and saved the day... Right? Or, at least that's the way it is portrayed. The actual reality is quite different. As we get older and go to college, we are able to read different accounts of what happened and we learn that many of his policies actually prolonged the Great Depression.

I know you done heard that on Hate Radio, Cleetus.

The problem is, no professional or accredited Historian subscribes to that view.

But I'm sure you learned that in the college you went to right after they told you about the Talking Snake.

Well I'm pretty sure YOU never went to college.."done heard"???? How revealing of your intellectual level!

 

[JoeB131]

No Joe the consumers who buy shit from Walmart destroyed the small business mom and pop stores.
Again Joe what came first big box stores or mom and pop stores.

Was Sam Walton devious?

Guy, you need to read up on Walmart's marketting tactics...

Like how they'd open a store in a small town, sandbag all the local businesses until they went under, and then close up shop and get consumer to drive miles further away.

Was he wrong to give his kids the money?

He'll no...

Why would you think it's right to give the government the money the empire you created not to your children?

I think we need a sensible estate tax to keep the wealth from accumulating in too few hands and to make sure essential services are continued.

Again, country ran a lot better when the rich paid their fair share.