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Aren't Federal contractors paid money that the Federal Goverment took from tax payers? Wouldn't raising the wages of their workers be a way to give more of that money back to the tax payers? Who can be against that?
They don't have the money to pay $10 / hr while having a federal contract? They shouldn't be in business then lol
Quote:
Originally Posted by Darkatt
So? what happens when they figure out they don't have the money to pay the new minimum wage that Emperor Obama hath declared, and lay off 38% of the Federal Contractor workforce?
Aren't Federal contractors paid money that the Federal Goverment took from tax payers? Wouldn't raising the wages of their workers be a way to give more of that money back to the tax payers?
While placing a greater tax burden on those who aren't contractors. Great argument champ.
Obama is such a little prick he just does not get the fact he is not the king
too bad we have a pansy ass congress that does nothing
but he is just nailing the lid on his party in 2014
people are sick of this ******* and his kingdom
I agree with you in theory, but a minor point of correction: Minimum wage hikes have very little to do with wage gaps, income gaps, etc. Minimum wage is in place to assist in baseline standard of living thresholds (ie. assist in the purchase of the basic necessities) in accordance with inflation and the Consumer Price Index. Wage and income gaps cannot be adequately addressed through minimum wage regulations.
I don't disagree that raising the minimum wage is not the cure for the disease, but I think that's the underlying issue that's really at the heart of the American economy and our society as a whole. It's unsustainable to have a group of people who are getting paid obscene amounts of money while the middle class gets gutted. Raising the minimum wage won't change that, but I think it at least brings attention to the struggles that a lot of people are facing right now, and that struggle is why so many people - despite lower unemployment figures and economic growth, so we're told - still have a very sh*tty feeling about the future.
Obama is such a little prick he just does not get the fact he is not the king
too bad we have a pansy ass congress that does nothing
but he is just nailing the lid on his party in 2014
people are sick of this ******* and his kingdom
And congress is full of pricks who don't get the fact that they have a responsibility to more than just the "people" who contribute money to their campaigns. Not the biggest Obama fan, as of late, either, but congress is absolutely useless right now.
I think it's probably fair to debate the effects of raising the minimum wage, but let's not lose sight of the core issue here. The minimum wage is being raised for a reason, which is that the wage gap, the income gap, the wealth gap are getting ever wider. I don't care what party you belong to, that's just not healthy. Everyone's frothing at the mouth about a few hardhats - most or probably all of whom actually for for-profit businesses, btw - getting some extra spending money in their pockets so they can breathe a little easier after their rent checks clear. Yet nobody's talking about the obscene 'performance' pay of guys like JP Morgan's CEO Dimon, or the a-hole who got paid $6-8 million dollars to leave Yahoo because he lied on his resume. When someone can earn more money than hundreds of his employees for failing or to get fired, something's wrong. Spin all you want, but on some level, everyone knows that's true.
The other side of the coin, pay more for labor, charge more for goods and services, you charge more, other people pay more, they raise the cost of THEIR goods and services, and the end result is, everyone is back where they were when it all started, except you are making more money, and paying more in taxes.
Hey..the min wage workers have nowhere to go now.
We OFFSHORED most of the rungs on the career ladder.
The only recourse the FedGov has now is to raise min wage.
Your low skill min wage worker will never have a white collar job.
Where does he go after McD's ?
And to think..the FedGov was the very one that created this problem decades ago.
They promised you "cheaper goods". They said everyone would "move up" and away from menial labor.
Didn't quite turn out that way did it ?
Their only recourse is to get Congress to legislate a higher min wage and push the financial burden on companies.
I don't think it's going to work out as they envision. It never does, does it ?
The other side of the coin, pay more for labor, charge more for goods and services, you charge more, other people pay more, they raise the cost of THEIR goods and services, and the end result is, everyone is back where they were when it all started, except you are making more money, and paying more in taxes.
I'm not arguing for a blanket raise of the minimum wage, which is a blunt instrument. I'm just pointing out that income inequality's on the minds of a lot of people, and it's increasingly difficult for even the more anti-socialist members of the ordinary working middle class not to notice how executive compensation trends are rewriting the book on American morality and ethics. People are going to do not as 'leaders' say, but as they do. And if it's right for Jamie Dimon and other "job creators" to take $20 million at a time when none of the people who do the leg work for that bank get increases of even pennies on the dollar, then it's anything goes time in good ole America. People are going to start saying f*ck ethics; f*ck morality; f*ck teaching my children that lying, cheating, stealing, and bullying are 'wrong' because they're not wrong, they're obviously right. It's going to come down to winning and losing - and nothing else. And that road can lead to a lot of places, most of them not so good.
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to take $20 million at a time when none of the people who do the leg work for that bank get increases of even pennies on the dollar, then it's anything goes time in good ole America. People are going to start saying f*ck ethics; f*ck morality; f*ck teaching my children that lying, cheating, stealing, and bullying are 'wrong' because they're not wrong, they're obviously right. It's going to come down to winning and losing - and nothing else. And that road can lead to a lot of places, most of them not so good.
