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Other than the so-many-times explained that a 'living wage' is not a definable figure, pretending that it is, let me ask you.....what if the incresed costs would eat up all or most,of a companys profit, would that be acceptable to you?
Would the resulting effects on the stock of publically owned companies be acceptable to you?(Do you understand the ramifications to begin with?)
Ae you ready to have a government cap on how profit is allowed in the US?
If you say yes, are you prepared to have a cap on the excess (profit) of the individuals paycheck?
Other than the so-many-times explained that a 'living wage' is not a definable figure, pretending that it is, let me ask you.....what if the incresed costs would eat up all or most,of a companys profit, would that be acceptable to you?
Would the resulting effects on the stock of publically owned companies be acceptable to you?(Do you understand the ramifications to begin with?)
Ae you ready to have a government cap on how profit is allowed in the US?
If you say yes, are you prepared to have a cap on the excess (profit) of the individuals paycheck?
All or most profit? No. More of their profit? Yes. Are you really saying that corporations cannot possibly afford to pay their employees more?
Back in the early seventies, I worked in the office at a K Mart for three years. I always volunteered for holidays and weekends.
Many times in my later years, when I worked in a job that was M-F......I always wished I could get a weekday off without using a personal day. It is hard to get anything done or repaired at home when you don't have a weekday off. Many businesses like lumber yards, nurseries, etc. have short hours on Sat. and are closed on Sunday too.
In my ideal work week, I would have liked Friday and Saturday.....or Sunday and Monday off.
Better yet, 4 ten hour days.....and three days off.
Working FT in a hospital, I always had at least one day off during the week. In my current job, FT is 4 days, b/c they days often go over 8 hrs, and they don't want to pay any OT. It is nice to have the time off during the week.
Quote:
Originally Posted by Magritte25
I am pro-union and while I don't think they should be mandatory, I do think each industry needs one. IMO, you can have all the rules you want - if you don't have a checks & balances system the rules are too easily broken.
You are correct. I do remember that from the union job I had.
8 bucks an hour. And 3.00 an hour for the waitress at wild wings/chain sports bar we went to yesterday, she has to work for tips. I had no idea how truly lousy wages are for food servers in the state of tennessee.
All big corporates make more than enough profit. Wages to employees is only 1% of what they make annually.
"More than enough" ? Gee, what's a fair profit for a corporation ?
Should the government step in and cap a company's profit ?
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