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Old 06-16-2018, 12:29 PM
 
Location: Honolulu, HI
4,636 posts, read 1,159,020 times
Reputation: 6627

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Quote:
Originally Posted by Cloudy Dayz View Post
The elite in this country are creating an entire underclass of slave labor that they can exploit.
Does this "underclass" know they can get a college education?

 
Old 06-16-2018, 12:56 PM
 
Location: Los Angeles (Native)
24,249 posts, read 13,725,676 times
Reputation: 11413
The richest man in the world.. Jeff Bezos ( founder and CEO ) of Amazon

Was once a McDonald’s employee

Instead of working there for his whole life and saying he deserved more he actually did something about it and said his time at McDonald’s was a learning experience in regards to automation etc .

This is what he said about working there

“He added: "You can learn responsibility in any job if you take it seriously. You learn a lot as a teenager working at McDonald's. It's different from what you learn in school. Don't underestimate the value of that!"”


Amazon's Jeff Bezos worked at McDonald's - Business Insider
 
Old 06-16-2018, 01:16 PM
 
Location: U.S.A., Earth
4,347 posts, read 2,617,334 times
Reputation: 3819
Quote:
Originally Posted by jm1982 View Post
As another poster said people get roommates or they live with family .
Where did it say minimum wage was created so that single people could live alone without roommates right in the city ?


Iíd like to see minimum wage be abolished . I know the pro min wage crowd always screaches
ďbut then employers will only pay $1 an hour !Ē

Well if someone only values their time at $1 an hour let them work for that .

In reality nobody would accept $1 hr an hour . Wages should be based on the demand for the labor and value of the labor . Not an arbitrary number like $15 hr like the idiot politicians in CA and elsewhere have decided .
I wouldn't. This'll open the floodgates to companies disregarding environmental regulations, requiring workers to be on the job 16 hours a day (hey, they merciful b/c they let them sleep ), requiring family and children to pitch in. It needs to stop.


If there's no MW, then there should definitely be a maximum wage since the company is pissing away a lot of their money paying some execs and CEOs up to $40 million per year, with benefits and perks.






Quote:
Originally Posted by jm1982 View Post
Yeah we need the change the system . People need to be encouraged to work rather than living at taxpayers expense . The middle class has been disappearing in these bigger cities like L.A.... they are moving to states like Arizona and Texas where itís more affordable .

The local politicians donít even mention the middle class anymore .

You can find rooms for rent in Phoenix for $350 month
https://phoenix.craigslist.org/searc...labilityMode=0

A big growing city with a good economy

Min wage looks to be $8 hr but youíll see places are offering more than that if you look at job listings there

Working full time someone canít afford a $350 month room ?

All the Lower end service industry jobs seem be offering starting wages at $10.50 hr ..so even though they can legally pay less they arenít because they know they wonít get applicants

https://www.indeed.com/m/jobs?q=rest...5c_AKnSmWk_754

I imagine it doesnít take too much experience to get hired as a manager at these places and wage goes up significantly and doesnít require a college degree .
This I can agree to. I wish an individual would work if they could, but when they do a cost analysis and see that it's cheaper to NOT work, then I don't blame them. Companies do this too... if it's between "the right thing", or "the profitable thing", more cases than not, they'll choose the latter. It's hypocritical to criticize when individuals do it, but NOT companies.


There was news that panhandlers in places like San Francisco can make $40K (tax free). Shame them all you want... but in the end, it shows a sad state of the job economy when you can make more money (even if it weren't tax free) doing that. Not to mention you can get that "job" ASAP (no online forms to fill out). It really shows how we've sunken as "the greatest nation in the world".
 
Old 06-16-2018, 01:16 PM
 
Location: Las Vegas
13,447 posts, read 24,235,663 times
Reputation: 24778
Quote:
Originally Posted by Copymutt View Post
Cut to the chase here.
Note:I've not read the posts so you can tell me to bug off.
The picture as I see it.
Minimum wage jobs are for kids that have no skills, i.e. Baby sitting, flipping burgers. sweeping floors.
Do not expect to survive on such wages, that's not remotely possible and you can not complain that it's not a living wage. Get educated, get experienced, get paid accordingly
That used to be true. But now we have a surplus of McJobs and not enough decent jobs to go round.
 
Old 06-16-2018, 01:59 PM
 
5,237 posts, read 2,386,359 times
Reputation: 5119
Quote:
Originally Posted by 2sleepy View Post
This tax bill was allegedly designed to stimulate the economy and trickle down to workers in terms of higher pay and increased benefits.

The tax bill was designed to cut taxes. Period. If it didn't include specific provisions designed to "stimulate the economy" and "trickle down to workers in terms of higher pay and increased benefits" then those WEREN'T the reasons for the tax cut. Period.



Quote:
Stock buybacks do not stimulate the economy in the long term.
"Stimulating the economy" isn't the purpose of a stock buyback.



Quote:
They do increase the price of stock and in that way they benefit pension funds and 401k's
Excellent!



Quote:
but money not in the economy does not stimulate the economy.
Invested money is "in the economy," it isn't buried in Mason jars in rich people's backyards.
 
Old 06-16-2018, 02:00 PM
 
5,237 posts, read 2,386,359 times
Reputation: 5119
Quote:
Originally Posted by 2sleepy View Post
Technically workers got a pay raise, but they are worse off now than they were the year before because inflation consumed all of the pay raise and then some, is that better?

Some are better off, some aren't. This is a pretty simply concept to understand.
 
Old 06-16-2018, 02:08 PM
 
24,759 posts, read 26,832,393 times
Reputation: 22786
Quote:
Originally Posted by LifeIsGood01 View Post
The point is you should care and you dont.
Not agreeing with you = don't care. 'Cause there's only one best way to do things, right?
 
Old 06-16-2018, 02:12 PM
 
24,759 posts, read 26,832,393 times
Reputation: 22786
Quote:
Originally Posted by hitpausebutton2 View Post
That is the issue we have now.


You cant find any housing other the public housing that is base on income to live in. Dont get me start on that issue, as nearly half of those living in them CAN WORK but refuse to work when we the tax payers are footing the bill.

But to the point.. Housing in cities has more win wage workers then middle class workers doesn't exist. Heck even you was making 15$ hour still be SOL for housing. Not many places in the country pay employees above $20hr unless your in a very high demand skill set, and then you might get a one bed room apt.
The biggest issue in expensive cities is they don't build enough housing. So the people at the bottom of the income ladder will always get priced out of even the most basic housing, regardless of how high the minimum wage is. Hiking the minimum wage does not fix the underlying issue.
 
Old 06-16-2018, 02:15 PM
 
24,759 posts, read 26,832,393 times
Reputation: 22786
Quote:
Originally Posted by jm1982 View Post
Youíre talking about billion dollar companies , most small businesses are mom and pop places just trying to get by . Take a look at some small businesses for sale .
For every big multinational there are thousands of small businesses .

Think about it who does $15 hr min wage hurt ? The multinational fast food place who can invest in robots and automation ? And has locations overseas ?

Or the mom and pop place that canít afford all that ?

But then the pro crowd says they donít care if those small businesses canít afford to pay $15 or $20 an hour or whatever the activists demand .

The margins on businessss are much much smaller than people think . These places are lucky to keep 10 cents of every dollar that comes in after all actual expenses .
And to continue the bolded...these activists then gripe when the small businesses are all gone and everything is dominated by a few big companies. Yet they don't see how they contributed to the very thing they gripe about.
 
Old 06-16-2018, 02:16 PM
 
Location: Phoenix-Valley of the Sun
2,462 posts, read 1,207,978 times
Reputation: 3047
Quote:
Originally Posted by BeerGeek40 View Post
First of all you don't need to work 100 hours a week -- get a roommate to share the costs.
This. I was gonna suggest this.
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