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I said increasing the minimum wage doesn't result in layoffs... most studies show know ill effects from wage increases and it usually results in less turnover which saves employees money.
I know someone who owns a chain of grocery stores.. I remember sitting in a meeting with them discussing the purchase of some of their property contracts when the last vote for a minimum wage increase was approved.
They immediately got on the phone and put the word out to replace cashiers with self checkout lines..
No, the President decided they are worth $10 after 3 years.
THEY have decided they are worth $15/hour NOW based on the signs from their several one-day walkouts.
Depends on where you live, in NYC the minimum wage should be about $15/hr.
States are free to raise the min wage to whatever they want above Fed min wage.
These people should be crying to their Governor rather than Obama.
Sad thing is it is mostly red states that try to hurt the poorest Americans in their state by intentionally keeping minimum wage at the lowest point possible.
I know someone who owns a chain of grocery stores.. I remember sitting in a meeting with them discussing the purchase of some of their property contracts when the last vote for a minimum wage increase was approved.
They immediately got on the phone and put the word out to replace cashiers with self checkout lines..
Tens of thousands lost their job..
You were saying?
All that shows is that they are heartless bastards.. who care less about the people and more about money. So, because of this callousness our options are : have people work for us at a wage that doesn't allow them to support themselves or replace them with computers.
Maybe we all need to be more careful consumers and start choosing companies that care about people over profits.. The days of a company caring about its employees are long gone.. taken over by the green eyed monster.
The issue here is not raising the minimum wage.. the issue is raising the morality of the swine that would make such callous decisions.
WHY do people that have NO clue about running a business or economics post threads......
Companies WILL increase prices on their items to make up the wage hike. If its a small hike, sometimes they wont but( they will eventually tho ) if you go from 7.25 to 10.00 right away thats a big hit for everyone.
Thats 2.75 more PER employee an hour. Sounds like a small amount but do the math. If you have 5 employees working for you , 8 hours a day for 5 days a week. 4 weeks , thats an extra $2200 our of the owners pocket or income. This would be the low side of things too , since many people usually work over 8 hours a day and sometimes 6 days a week. Thats an extra 26K out of a small business owners income a year. This hurts the small mom and pop shops BIG TIME, the big corporations wont feel it as much and chain food restaurants.
The other problem is that most of you that cry about wanting more wage hikes probably have never run an actual business that employees people and pays rent , taxes, over head costs , etc. Just because a business reports sales of 1 million dollars doesnt mean the owner makes that much . I am in the business and i know of gas stations that that gross 3-4 million a year but their income for the year will be 100-150k . Now pay all the taxes and your personal bills at home and your down to not a whole lot of money. Just an example.
If you people are so damn concerned about helping people and saying owners only care about money then please do donate half of your paycheck then. Simple
So tell me.... how do you propose to magically make everyone's labor WORTH $10 an hour or more?
You are talking common sense to a liberal, the two are incompatible. Liberals think every employer has millions of unallocated dollars, just laying around in stacks, and waiting for government to tell them what to do with them all.
BTW, the new ObamaCare era has created the 29ers and the 49ers. Employers are cutting employee hours down to 29 hours so as not invoke the wrath of government regulations. Employers are also looking for ways to trim the total number of employees below 50, so as to not invoke the wrath of government regulations.
For every person who could be working forty hours a week, there are two people working eighteen-twenty hours a week, and many are making $11 an hour. There is a reason for that, and it's called ignorant government laws and regulations. The private sector is engaging in unproductive activities all to get around these stupid laws and regulations created by ignorant politicians and bureaucrats; the ACA being one of the most ignorant and most destructive of them all.
All that shows is that they are heartless bastards.. who care less about the people and more about money. So, because of this callousness our options are : have people work for us at a wage that doesn't allow them to support themselves or replace them with computers.
Maybe we all need to be more careful consumers and start choosing companies that care about people over profits.. The days of a company caring about its employees are long gone.. taken over by the green eyed monster.
The issue here is not raising the minimum wage.. the issue is raising the morality of the swine that would make such callous decisions.
The fact that employees could be replaced by NO ONE, indicates what their value was to begin with.
All that shows is that they are heartless bastards.. who care less about the people and more about money. So, because of this callousness our options are : have people work for us at a wage that doesn't allow them to support themselves or replace them with computers.
Maybe we all need to be more careful consumers and start choosing companies that care about people over profits.. The days of a company caring about its employees are long gone.. taken over by the green eyed monster.
The issue here is not raising the minimum wage.. the issue is raising the morality of the swine that would make such callous decisions.
Not every business owner is swine that hoards their profits.
If a business allocates a percentage towards payroll then what do you think will happen when wages are raised by government means, not due to rising profits ?
This is not about "caring about people". Business is not a charity organization.
If you want that then push for government ownership of business.
Communism will allow the government to raise those wages as high as your elected officials deem.
The left are pushing for what amounts to communism.
They stop short though of wanting the government to take over.
Many of your big multinationals are not raking in profits from US sales.
Their profits are coming from other countries and they are reinvesting their money over there, not here.
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