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Old 03-11-2011, 10:32 AM
 
Location: Capitol & Tully
148 posts, read 570,772 times
Reputation: 131

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Companies making less than a certain amount should pay less than companies that make more. It seems like a good idea to me. I'm sure you conservative douchebags will call me a socialist, but who cares your opinion means nothing you pathetic losers. If you make over 1 billion dollars in profit your minimum wage is 15 dollars an hour. If you make 10 million dollars a year your minimum wage is 7 dollars an hour. It will depend on amount of employees it takes to run the company as well.
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Old 03-11-2011, 10:36 AM
 
26,551 posts, read 36,462,607 times
Reputation: 29693
Is it really necessary to start insulting people before they have even disagreed with you?
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Old 03-11-2011, 10:38 AM
VJP
 
Location: Decatur, GA
721 posts, read 1,723,019 times
Reputation: 691
Higher profits tend to be the result of higher efficiencies/products in demand being sold in the market place. Those things in turn require greater talent who command higher wages.

I think your rambling is due to the fact that you perhaps feel underpaid. I suspect you also do not know the difference between profit and profit margin.

So long as both of these companies are not owned and operated by the government, none of the "conservative douchebags" will accuse you of calling for "each according to his ability, to each according to his need."
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Old 03-11-2011, 10:42 AM
 
Location: NJ
17,574 posts, read 46,038,935 times
Reputation: 16272
Whatever you are getting paid, it's too much.
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Old 03-11-2011, 10:42 AM
 
Location: St Thomas, US Virgin Islands
24,665 posts, read 69,534,324 times
Reputation: 26727
Quote:
Originally Posted by Evergreen7276 View Post
Companies making less than a certain amount should pay less than companies that make more. It seems like a good idea to me. I'm sure you conservative douchebags will call me a socialist, but who cares your opinion means nothing you pathetic losers. If you make over 1 billion dollars in profit your minimum wage is 15 dollars an hour. If you make 10 million dollars a year your minimum wage is 7 dollars an hour. It will depend on amount of employees it takes to run the company as well.
OK.

Next thread?
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Old 03-11-2011, 11:25 AM
 
Location: Phoenix, AZ
6,402 posts, read 8,944,616 times
Reputation: 8491
Ah, a budding economist is sharing knowledge here on CD. Thank you, kind Sir.
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Old 03-11-2011, 11:52 AM
 
Location: Central Ohio
10,817 posts, read 14,886,507 times
Reputation: 16515
Quote:
Originally Posted by Evergreen7276 View Post
Companies making less than a certain amount should pay less than companies that make more. It seems like a good idea to me. I'm sure you conservative douchebags will call me a socialist, but who cares your opinion means nothing you pathetic losers. If you make over 1 billion dollars in profit your minimum wage is 15 dollars an hour. If you make 10 million dollars a year your minimum wage is 7 dollars an hour. It will depend on amount of employees it takes to run the company as well.
Shouldn't you be doing your homework, cleaning your room or something constructive?
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Old 03-11-2011, 12:02 PM
 
Location: Central Ohio
10,817 posts, read 14,886,507 times
Reputation: 16515
I am sure you hold firm to the belief evil business earns trillions and trillions of the backs of employees but that just isn't true. They make money for their shareholders and if you want to be one you can always purchase the stock.

Wal Mart employs 1.4 million people in the US.

Bentonville, Ark.-based Wal-Mart's net income rose 3.4% to $3.6 billion, or 97 cents per share, from a year earlier, thanks to continued cost-cutting initiatives. Analysts surveyed by Thomson Reuters were expecting a profit of 96 cents per share.

Revenue climbed 2.8% to $103 billion, but missed analysts' forecast of $105.3 billion.

$3,600,000,000/1,400,000=$2,571.42.

If Wal Mart (I am not a fan of Wal Mart, they suck) gave each employee a $1.28/hr raise they would have zero in the way of profits to expand or give back to shareholders.
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Old 03-11-2011, 12:14 PM
 
1,786 posts, read 6,885,613 times
Reputation: 1757
Re OP post- these always remind me of when I was selling my first home. A potential buyer's agent was embarrassed to present a ridiculously low offer. The "buyer" knew how much I paid for the house and she decided how much I should be allowed to make on the sale.

This "you built it, but give it to me because I deserve it" mentality is so tiresome.
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Old 03-11-2011, 01:17 PM
 
Location: Central Ohio
10,817 posts, read 14,886,507 times
Reputation: 16515
Quote:
Originally Posted by JTGJR View Post
Re OP post- these always remind me of when I was selling my first home. A potential buyer's agent was embarrassed to present a ridiculously low offer. The "buyer" knew how much I paid for the house and she decided how much I should be allowed to make on the sale.

This "you built it, but give it to me because I deserve it" mentality is so tiresome.
For over half of my life I was self employed having a small company with employing between 4 and 25 employees with an average of 12.

Average weekly payroll I would put at $12 to $15k in terms of today's dollars in addition to providing company paid health insurance for the family.

If I had just a third of the profits my employees were positive I made, all off the backs of the poor proletarian worker class, I would have retired in Hawaii 10 years ago. Nothing irks me more than the stupidity of some idiot who, though never ran his own small company, is convinced the business owner is making millions.

The reality was I earned between 2 and 3 times of what a typical "worker" received and I deserved every penny of it and more.

The average worker worked 40 hours and went home. For me a 60 hour week was considered light duty.

I am the one that had to go to the bank signing my personal life away for a line of credit to fund an upcoming project.

I had to provide the performance and payment bond for many of the jobs we did that provided my employees with a weekly pay check. For a performance bond what you do is sign your rights as a human being away to an insurance company who, if you default on the bond, can literally enter your home day or night without notice and take everything you own. Everything means the underwear in your drawer if they want it and not a thing you can do. A bonding company, with a master surety agreement that you can betcha they will demand, can take everything and anything and to gamble like that you betcha I earned the money I got.

Paydays were on Thursday and many a Wednesday night I laid awake wondering if I would get a much needed check in the mail to cover it or would I have to go to the bank to obtain a short term loan. My employees just knew they could pick up their checks at noon and they were always good.

Many times my paycheck laid in the drawer to be deposited when we had funds. I can tell you this, in 1992 my tax return told me I earned $13k for the entire year but my employees got paid every week.

It is really simple, I never asked my employees to share in the losses the company could take and given that the employees had no right to any profit whatsoever.
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