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Old 12-02-2013, 09:06 AM
 
Location: Portland, Oregon
46,001 posts, read 35,211,133 times
Reputation: 7875

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Quote:
Originally Posted by EdwardA View Post
You are a funny guy. You think businesses just give cost of living raises just because they raised the minimum wage for fast food workers?
Depends on the employer.
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Old 12-02-2013, 09:08 AM
 
Location: Portland, Oregon
46,001 posts, read 35,211,133 times
Reputation: 7875
Quote:
Originally Posted by EdwardA View Post
Lol your posts are based on some alternative reality. There is demand for doctors though. Trust me I know doctors in high demand specialties such as orthopedics can name their price. I also know what happens when they leave a hospital. Admissions decline and the downstream revenue tanks. They are not so easily replaced. It usually takes 12-18 months to find a suitable replacement. A fast food worker doesn't show up Monday an owner can have a new one by Friday.
So doctors are in high demand, but aren't a part of supply and demand? You want to try that post again? If doctors are in high demand, then there needs to be a supply of doctors...it is called supply and demand.
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Old 12-02-2013, 09:14 AM
 
Location: Maryland
18,630 posts, read 19,431,930 times
Reputation: 6462
Quote:
Originally Posted by urbanlife78 View Post
So doctors are in high demand, but aren't a part of supply and demand? You want to try that post again? If doctors are in high demand, then there needs to be a supply of doctors...it is called supply and demand.
Look up differentiation and get back to me. It is the differentiation in doctors that allows them to command higher prices than a fast food worker. Supply and demand is but one part of the puzzle. You are in Real
Estate correct? This shouldn't be a difficult concept for you.
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Old 12-02-2013, 09:20 AM
 
14,292 posts, read 9,686,936 times
Reputation: 4254
Quote:
Originally Posted by HappyTexan View Post
The automation being tested and used in Europe would get fast tracked to get installed here.

You'll end up with lots of self-serve places only needing few employees.
Profit margins of 4% don't give a lot of buffer to finance Utopia.

I wouldn't be surprised to see these places turn into drive through only places.

Look at Papa John's...get it delivered or pick it up..there is no order and eat in the store.
There's your future people.
That's Obama's future, but the rest of us are waiting out this Obama storm and get employment and our economy back to normal. We are hoping to flush him and all the Utopian progessive crap he's given us right down the toilet when he leaves office.
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Old 12-02-2013, 09:23 AM
 
Location: Great State of Texas
86,052 posts, read 84,541,572 times
Reputation: 27720
Quote:
Originally Posted by urbanlife78 View Post
So doctors are in high demand, but aren't a part of supply and demand? You want to try that post again? If doctors are in high demand, then there needs to be a supply of doctors...it is called supply and demand.
medical schools are limited in how many can get residencies per year.
that creates a low supply so the demand is greater and higher salaries go with that demand to retain them.

McDonalds doesn't even require a HS diploma or ability to speak English.
That creates an infinite supply of workers. Post you are hiring and thousands show up.
No need to offer any more than min wage because they don't last and there's always 100 more ready to take that job.

Did school not teach you the basics of supply and demand ?
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Old 12-02-2013, 09:25 AM
 
Location: Great State of Texas
86,052 posts, read 84,541,572 times
Reputation: 27720
Quote:
Originally Posted by OICU812 View Post
That's Obama's future, but the rest of us are waiting out this Obama storm and get employment and our economy back to normal. We are hoping to flush him and all the Utopian progessive crap he's given us right down the toilet when he leaves office.
Well some things cannot be undone once they are put into motion.

Offshoring is an example that lasted through both parties in power with the ability to change it yet neither did.
National Security is another.
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Old 12-02-2013, 09:44 AM
 
14,292 posts, read 9,686,936 times
Reputation: 4254
Quote:
Originally Posted by HappyTexan View Post
Well some things cannot be undone once they are put into motion.

Offshoring is an example that lasted through both parties in power with the ability to change it yet neither did.
National Security is another.
We could flush a lot of Obama's policies down the toilet, that would be a good start.

An ever expanding tax and regulatory burden on the private sector business is helping to drive away jobs. Free trade with countries that profit off slave labor which makes legitimate competition all but impossible, is another. We can slowly phase in trade restrictions and tariffs, and phase out some taxes and regulations that are stimulating the flow of jobs overseas.
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Old 12-02-2013, 09:57 AM
 
Location: Portland, Oregon
46,001 posts, read 35,211,133 times
Reputation: 7875
Quote:
Originally Posted by EdwardA View Post
Look up differentiation and get back to me. It is the differentiation in doctors that allows them to command higher prices than a fast food worker. Supply and demand is but one part of the puzzle. You are in Real
Estate correct? This shouldn't be a difficult concept for you.
So you admit there is supply and demand in place when it comes to doctors as well. You are really trying too hard to disprove simple logic.
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Old 12-02-2013, 09:58 AM
 
Location: Portland, Oregon
46,001 posts, read 35,211,133 times
Reputation: 7875
Quote:
Originally Posted by HappyTexan View Post
medical schools are limited in how many can get residencies per year.
that creates a low supply so the demand is greater and higher salaries go with that demand to retain them.

McDonalds doesn't even require a HS diploma or ability to speak English.
That creates an infinite supply of workers. Post you are hiring and thousands show up.
No need to offer any more than min wage because they don't last and there's always 100 more ready to take that job.

Did school not teach you the basics of supply and demand ?
Yes, and it taught me all of what you just send fall under supply and demand, thus all employment is a part of supply and demand.
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Old 12-02-2013, 09:59 AM
 
Location: Great State of Texas
86,052 posts, read 84,541,572 times
Reputation: 27720
Quote:
Originally Posted by OICU812 View Post
We could flush a lot of Obama's policies down the toilet, that would be a good start.

An ever expanding tax and regulatory burden on the private sector business is helping to drive away jobs. Free trade with countries that profit off slave labor which makes legitimate competition all but impossible, is another. We can slowly phase in trade restrictions and tariffs, and phase out some taxes and regulations that are stimulating the flow of jobs overseas.
Once you start handing money out as subsidies you cannot take it back.
The window of opportunity to repeal has shut.

Now we hope that the 7 million young sign up or else Bernanke will be pumping that $80 billion a month into insurance and healthcare to pay the bills.
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