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Old 05-19-2015, 02:08 PM
 
26,694 posts, read 14,555,493 times
Reputation: 8094

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Quote:
Originally Posted by Storm Eagle View Post
So because it is a franchise that means they can not make a lot of money? There must be a bunch of bad franchise owners out there if they can not make money when they are handed an established business like McDonalds to own.

Even they make gazillion amount of money, they still shouldn't pay for above fair market rate for the labor cost.

Not sure why it's hard to understand. It's not that the employers don't want to pay; it's the work or job isn't worth even the minimum wage.

Would you pay above fair market rate for something?
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Old 05-27-2015, 11:07 PM
 
Location: South Carolina
3,022 posts, read 2,272,347 times
Reputation: 2168
Quote:
Originally Posted by lifeexplorer View Post
Even they make gazillion amount of money, they still shouldn't pay for above fair market rate for the labor cost.

Not sure why it's hard to understand. It's not that the employers don't want to pay; it's the work or job isn't worth even the minimum wage.

Would you pay above fair market rate for something?
Fair market is a made up concept there is no number for any job it is just what employers want to pay but people like you who want the people to live in poverty do not understand this. If a job is not worth min wage why do we as a society allow it to exist? We tell people they need a job to live but then we tell them the job they work is not good enough to live on? You can not have both.

Last edited by Storm Eagle; 05-27-2015 at 11:18 PM..
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Old 05-27-2015, 11:20 PM
 
41,110 posts, read 25,719,480 times
Reputation: 13868
Quote:
Originally Posted by Dockside View Post
Yo libs, we wouldn't even be having a minimum wage discussion except Obama has failed America miserably on the economy. When business starts booming and there's competition from Help Wanted signs posted everywhere, employers will boost wages to hang on to their employees. Minimum wage is a starting salary, you people want to make it another form of welfare.
Leftists can’t repeal the law of supply and demand.
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Old 05-27-2015, 11:26 PM
 
Location: CA
1,716 posts, read 2,500,053 times
Reputation: 1870
Quote:
Originally Posted by Storm Eagle View Post
Fair market is a made up concept there is no number for any job it is just what employers want to pay but people like you who want the people to live in poverty do not understand this. If a job is not worth min wage why do we as a society allow it to exist? We tell people they need a job to live but then we tell them the job they work is not good enough to live on? You can not have both.
Um, I may be chemically blond, but that's FUNNY!

Here's your sign!! ->> Fair market is a made up concept (KBB anyone?)

BTW, maybe this has already been discussed (I'll go back and look), but, ha-hum, a better economy would go a loooooooong way to increase wages. Are you working on that? (Or is that a made up concept too? )
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Old 05-27-2015, 11:34 PM
 
41,110 posts, read 25,719,480 times
Reputation: 13868
At a low hourly wage, a businesses can afford to hire a person with minimal skills to do a simple job, which means it's easier for those at the bottom to get a foot in the door and gain work experience.

With a high minimum wage the employer needs to ensure that the employee will be worth the high wage and can perform higher level skills. A higher wage becomes a barrier to entry for those at the bottom won't won't be able to get a job. They become trapped.

Yes Libs follow your emotions blindly without understanding the reactions and consequenses.

Last edited by petch751; 05-27-2015 at 11:42 PM..
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Old 05-28-2015, 12:07 AM
 
3,201 posts, read 4,408,008 times
Reputation: 4441
Default Living Wage Crusaders...

i'm surprised that all these people who are stuck on this whole living wage thing havent said that everyone should just get a minimum guaranteed salary

wouldnt you still have a problem "living" if you worked a $15/hr fast food job if your hours are limited to say 15-20 per week?

response: "well they can just get 2 jobs"

really? so if jobs are that easy to just "get" then why are people unemployed and/or still working in fast food type jobs?


so, how does a $36k minimum salary sound?

you'd also get 4 weeks vacation and sick days, so the man doesnt force you to work sick

and up to 3 mos. paid for maternity leave for the ones who keep having kids when they already cant "live"

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Old 05-28-2015, 03:26 AM
 
Location: South Carolina
3,022 posts, read 2,272,347 times
Reputation: 2168
Quote:
Originally Posted by Zelva View Post
Um, I may be chemically blond, but that's FUNNY!

Here's your sign!! ->> Fair market is a made up concept (KBB anyone?)

BTW, maybe this has already been discussed (I'll go back and look), but, ha-hum, a better economy would go a loooooooong way to increase wages. Are you working on that? (Or is that a made up concept too? )
Nice come in here throw an insult out and think you actually make a point or sounded smart. Why do they let 12 year olds or people with the IQ of 12 year olds in here?
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Old 05-28-2015, 08:13 AM
 
1,069 posts, read 1,047,177 times
Reputation: 748
You all realize in the early 70's, when you calculate inflation min. wage was approximately $10 per hour? Right? I think keeping that standard is fair. The economy is hurting right now because too many people live in poverty, at the least Min. wage should keep up with inflation. Things get more expensive constantly, I notice higher prices in groceries, housing, gas, etc. You can't really expect people's wages to stay the same, while those things increase in price and expect everyone to be all hunky dory. Min. Wage should be a living wage, we're not a 3rd world country people. $10 is just scraping by to be considered a living wage.
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Old 05-28-2015, 08:15 AM
 
1,069 posts, read 1,047,177 times
Reputation: 748
Quote:
Originally Posted by Ace_TX View Post
i'm surprised that all these people who are stuck on this whole living wage thing havent said that everyone should just get a minimum guaranteed salary

wouldnt you still have a problem "living" if you worked a $15/hr fast food job if your hours are limited to say 15-20 per week?

response: "well they can just get 2 jobs"

really? so if jobs are that easy to just "get" then why are people unemployed and/or still working in fast food type jobs?


so, how does a $36k minimum salary sound?

you'd also get 4 weeks vacation and sick days, so the man doesnt force you to work sick

and up to 3 mos. paid for maternity leave for the ones who keep having kids when they already cant "live"

Haha, to everything except the last point. We're the only developed country that doesn't have guaranteed maternity leave, it's pretty sad. America is floundering. Is there such thing as a 2nd world country? Because that's us.
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Old 05-28-2015, 08:27 AM
 
33,016 posts, read 27,443,387 times
Reputation: 9074
Quote:
Originally Posted by Zelva View Post
Um, I may be chemically blond, but that's FUNNY!

Here's your sign!! ->> Fair market is a made up concept (KBB anyone?)

BTW, maybe this has already been discussed (I'll go back and look), but, ha-hum, a better economy would go a loooooooong way to increase wages. Are you working on that? (Or is that a made up concept too? )

What exactly is fair market (value)?

Let's say government restricts the supply of some product P and the price of P is X.

Let's say that under unrestricted supply the price of P is Y.

Is the fair market value of P equal to X, equal to Y, or equal to something else?
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