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I would also like to add that this is a FREE MARKET, the one the right pushes all the time. IF a worker decides to price his labor for walmart at $15 an hour, that's his right, if walmart decides to say no, that's his right, if said employees decide to strike, that's their right, and walmart decides now we will pay $10, that's their right. If someone is selling a product, and you offer to buy it for a price they're not willing to sell it for, then they don't sell it to you, plain and simple, a worker walking out, or group of workers walking out, is the same thing. This is not being entitled, this is the power of a free market.
We don't have that right. What we can do is shop our conscience. If you believe in a $15 minimum wage, then refuse to buy from anyone who doesn't pay it. It's really that simple.
The problem is the American consumer shops price tags. They don't care where it was made or how much/little the workers who made were paid. They want the cheapest product they can get. Period. That doesn't mesh with a high minimum wage.
You can raise minimum wage but it will just mean we buy even more cheap stuff made abroad and fewer Americans will have work. Look how well raising our wages did in our manufacturing plants. Those plants have moved over seas. What is made here is made by robots. You can keep pushing but all that will happen is McDonalds will employ robotics to make your big mac.
A $15 minimum wage doesn't work in a world where people shop price tag alone.
GM still operates plenty in the US. Corporations moved over to china because you can have goods made here for $0 an hour and its still cheaper in china because the govt. subsidizes the cost of some of the materials. How is that fair? GMs mexico plant still pays workers $26 an hour.
Lets hear you theories. The increased sales argument doesn't wrk either. If you've got a pizza chain and you have twice as many orders to fill, then obviously you have to hire twice as many delivery drivers to meet demand. According to Forbes, the average restaurant franchise makes a profit of 86k annually, at a place I worked they spent approximately 3k per week on labor, so how in the hell can a company afford to double that cost, adding an extra 156k in labor expenses when there isn't even 156k left over in profit? Even if sales doubles, the net profit comes out to about 20k even without hiring extra labor (which is obviously unrealistic). Who gets the shaft? The franchisee. Why should the guy running the place make less then his employees?
Many business at one time or another have to combat with:
is simply asking one of the most basic business questions:
How to control labor cost.
The answer is thoroughly covered in many business classes and seminar. It is nothing new, and businesses have been wrestling with this issue for ages, some figure it out, some don't. Some business succeed, some fail. It's the free market.
In the big picture I agree with you but we had to support the bad decisions on Wall Street the last 6 plus years. Well, we didn't have to but we did. Just curious.......were you as against that as this?
Yes. We should not have bailed Wall Street out the way we did. There should have been a lot more conditions and a lot more reforms involved. I understand why we didn't want the financial system to collapse, but the consequences of their actions should have included MANY senior Wall Street execs going to jail.
What's your point? That this business deserves to be pushed over the edge? If a business is barely making it paying minimum wage now they are barely making it. That doesn't mean you force them under.
And this is our problem, why? If a business can't afford to pay their employees, why should we subsidize that company?
And this is our problem, why? If a business can't afford to pay their employees, why should we subsidize that company?
Right... we should allow all the businesses that can't afford to pay high wages to fail. That will be great for the economy! Then we can subsidize the entire cost of living for tens of millions of people and watch the economy accelerate into a death spiral. Brilliant!
Right... we should allow all the businesses that can't afford to pay high wages to fail. That will be great for the economy! Then we can subsidize the entire cost of living for tens of millions of people and watch the economy accelerate into a death spiral. Brilliant!
Wow, $15/hr is now considered a "high wage." That is the problem right there. In 2015, $15/hr is no longer considered a "high wage."
Wow, $15/hr is now considered a "high wage." That is the problem right there. In 2015, $15/hr is no longer considered a "high wage."
It's slightly over $31,000 a year. Please tell me why someone who dropped out of high school and takes a job waiting for a buzzer to tell them when to flip a burger is worth over $31,000 a year. Personally, I don't want to pay $12 for a cheeseburger, and neither do most people. Which is another reason that all of those kinds of companies would go out of business and we would end up with countless more unemployed, unskilled workers on the government dole.
It's slightly over $31,000 a year. Please tell me why someone who dropped out of high school and takes a job waiting for a buzzer to tell them when to flip a burger is worth over $31,000 a year. Personally, I don't want to pay $12 for a cheeseburger, and neither do most people. Which is another reason that all of those kinds of companies would go out of business and we would end up with countless more unemployed, unskilled workers on the government dole.
Why would you pay $12 for a cheeseburger? Are you going to a high end restaurant or something? Are we talking about a burger flipper at McDonald's or a cook at a restaurant? That cook at a restaurant is trained and creating food for you to eat that should be beyond heating up things from the freezer.
Again, $31K isn't a lot of money to pay an employee per year these days. When you look at inflation, making $31K today would be like making a little over $16K in 1990. Based on the Big Mac Index, the cost of a Big Mac has only gone up $2 from 1990 to 2015, so the effect the minimum wage has had on your cheese burger has been very minor.
It's slightly over $31,000 a year. Please tell me why someone who dropped out of high school and takes a job waiting for a buzzer to tell them when to flip a burger is worth over $31,000 a year. Personally, I don't want to pay $12 for a cheeseburger, and neither do most people. Which is another reason that all of those kinds of companies would go out of business and we would end up with countless more unemployed, unskilled workers on the government dole.
Don't most of their employees work far less than 40 hrs a week? Even at $10k-$15k its still pretty tough to make it. Especially since their work hours are variable each week which makes it difficult to have a 2nd job.
Would or do you work there?
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If a business is barely making it paying minimum wage now they are barely making it. That doesn't mean you force them under.
