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Old 12-02-2016, 06:54 AM
 
Location: New Jersey
12,764 posts, read 7,827,604 times
Reputation: 13083

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Quote:
Originally Posted by duster1979 View Post
If the minimum wage had kept pace with inflation since it's inception (25 cents in 1938) it would now be $4.29. So I don't think that's the problem.
It's not so much the 'worth'; it's the buying power.

http://www.google.com/url?sa=t&rct=j...MezsH_PIb4VbbQ
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Old 12-03-2016, 06:13 PM
 
7,185 posts, read 2,756,317 times
Reputation: 3172
Back to the actual thing trump said about wages. Rather than get all waylaid about minimum wage, which is pretty pointless as we are not trying to grow more McDonald's type jobs, what wages are we actually not competitive in? Seems like it would be factory, IT, other skilled work.

If these wages hold as significantly higher than they are in the rest of the world, how can US companies be competitive globally? The rest of the world isn't going to pack up their tents and steal out in the night and leave the US all alone to do what it wants. Like it or not, we must compete globally for money. So... do the companies come back and build robotic factories or not? Where will all those jobs come from? And, what will they pay?

Last edited by Ibginnie; 06-25-2019 at 02:56 PM.. Reason: off topic
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Old 06-25-2019, 11:22 AM
 
79,193 posts, read 33,616,016 times
Reputation: 15840
Default "Our wages are too high" Donald Trump.

I would hope that this stays here as it is a far bigger picture argument than just immigration, even though immigration plays a role this goes to Trump's mindset overall.

If people are educated, wages go up. If we get rid of the illegals wages go up. etc. Trump isn't interested in that. Remember, it was Trump who said he was all about "greed, greed, greed". It's taken awhile but his mouth has really exposed his true self.

Donald Trump doubles down: 'Our wages are too high'

https://www.businessinsider.com/dona...-hNKj75L35-Quw

This isn't about immigration though it plays a role. This is about Trump's greed, greed, greed.

My whole life Iíve been greedy, greedy, greedy. Iíve grabbed all the money I could get. Iím so greedy.

Donald Trump.
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Old 06-25-2019, 11:25 AM
 
Location: Kansas City, MISSOURI
9,013 posts, read 2,738,961 times
Reputation: 6945
And people accuse the democrats of wanting to turn the US into a 3rd World country!
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Old 06-25-2019, 11:29 AM
 
8,897 posts, read 2,765,544 times
Reputation: 5443
Quote:
Originally Posted by pknopp View Post
I would hope that this stays here as it is a far bigger picture argument than just immigration, even though immigration plays a role this goes to Trump's mindset overall.

If people are educated, wages go up. If we get rid of the illegals wages go up. etc. Trump isn't interested in that. Remember, it was Trump who said he was all about "greed, greed, greed". It's taken awhile but his mouth has really exposed his true self.

Donald Trump doubles down: 'Our wages are too high'

https://www.businessinsider.com/dona...-hNKj75L35-Quw

This isn't about immigration though it plays a role. This is about Trump's greed, greed, greed.

My whole life I’ve been greedy, greedy, greedy. I’ve grabbed all the money I could get. I’m so greedy.

Donald Trump.
Spoken by someone (Trump) who is truly clueless about money since he had his daddy's millions to start out with.
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Old 06-25-2019, 11:32 AM
 
3,743 posts, read 1,807,440 times
Reputation: 3762
Quote:
Originally Posted by trobesmom View Post
Spoken by someone (Trump) who is truly clueless about money since he had his daddy's millions to start out with.
I see logic isn't one of your strong points.
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Old 06-25-2019, 11:33 AM
 
79,193 posts, read 33,616,016 times
Reputation: 15840
Quote:
Originally Posted by madison999 View Post
He made a blunder. Article is almost four years old.

Then you spun it around your finger and made a dishonest post.
No, it goes to show what his true goal really is. It's why e-verify is NOT being enforced.
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Old 06-25-2019, 11:42 AM
 
Location: Stillwater, Oklahoma
15,000 posts, read 13,343,183 times
Reputation: 4585
So is or was Trump right? Are wages too high?
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Old 06-25-2019, 11:55 AM
 
Location: Cumberland Co., TN
21,920 posts, read 21,734,003 times
Reputation: 21489
Quote:
Originally Posted by StillwaterTownie View Post
So is or was Trump right? Are wages too high?
In the context of the debate and in response to a question about whether he had sympathy for protesters who wanted to raise the minimum wage to $15 an hour, probably along with Ben Carson and other candidates.


Quote:
"We have to become competitive with the world. Our taxes are too high, our wages are too high. Everything is too high. We have to compete with other countries."

Trump said. "Our country is not competitive anymore. That's why we're losing all of the manufacturers.
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Old 06-25-2019, 12:14 PM
 
Location: Near Falls Lake
2,791 posts, read 1,915,889 times
Reputation: 2612
Are our wages too high? There is no cut and dried answer. If a company has to compete in a global market where others pay much less, it would necessitate said company to be much more productive and cost efficient in other areas. If they can do that successfully, then no, wages are not too high. If they can no longer compete because no amount of improvement in productivity will allow them to do so, then yes, wages are too high. When I sold my engineering/manufacturing company several years ago I could see the handwriting on the wall. How could I compete when I was paying engineers 80k and my competition in India was paying 15k? You can be better, but that only takes you so far!
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