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Old 02-20-2015, 07:08 PM
 
82 posts, read 55,154 times
Reputation: 42

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Quote:
Originally Posted by Spot View Post
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.
25-35% of college grads work in low wage jobs. And I'm adduming you know for a fact that all mcworkers dropped out of high school? Regardless of what a "fair" wage is you're making assumptions that don't ring true. And the argument of the difficulty level of work has little to do with wage. What's harder, standing on your feet for 8 hours lifting heavy things or sitting on your ass while everybody makes money for you? I'll give you a guess which pays more money.
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Old 02-20-2015, 07:09 PM
 
79,907 posts, read 44,241,574 times
Reputation: 17209
Quote:
Originally Posted by ContrarianEcon View Post
That is a matter of opinion. We have every right to set up domestic tax codes that favor paying people that are going to make things for sale in the US, US minimum wage. And that is a good start.
Think about this for a bit please.

If we put a tax penalty of 110% on the dividends paid and on capital gains deriving from the sale of stock that the company pays anyone, buys anything made buy anyone, or uses contract labor at less than US minimum wage. Then will they not insist on paying everyone in the supply chain US minimum wage?
This is the kind of thinking that has Venezuela in such a mess.
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Old 02-20-2015, 07:12 PM
 
79,907 posts, read 44,241,574 times
Reputation: 17209
Quote:
Originally Posted by FrankMiller View Post
Was there a recession in 2008 that drove people out of work, or did all the companies suddenly decide to move all the jobs overseas on the same day? I think it was the first one. But go ahead and believe whatever you want, I guess.
LOL.....O.K. You win. Jobs haven't actually been outsourced. All the links I provided were wrong and everything has just been made up.
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Old 02-20-2015, 07:12 PM
 
Location: Barrington
63,919 posts, read 46,773,354 times
Reputation: 20674
Quote:
Originally Posted by non-linear View Post
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.
GM sells more cars and trucks in China than they do in the US.
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Old 02-20-2015, 07:14 PM
 
79,907 posts, read 44,241,574 times
Reputation: 17209
Quote:
Originally Posted by Spot View Post
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.
Fair enough. Still wondering where all these arguments were when they were happening.
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Old 02-20-2015, 07:15 PM
 
79,907 posts, read 44,241,574 times
Reputation: 17209
Quote:
Originally Posted by urbanlife78 View Post
And this is our problem, why? If a business can't afford to pay their employees, why should we subsidize that company?
Don't.
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Old 02-20-2015, 07:18 PM
 
Location: Pacific NW
9,437 posts, read 7,374,928 times
Reputation: 7979
Quote:
Originally Posted by urbanlife78 View Post
And this is our problem, why? If a business can't afford to pay their employees, why should we subsidize that company?
The business CAN afford to pay their employees, until big brother and the "every job deserves a living wage" crowd forces business to pay someone more than their job is worth. It's mind boggling how some people can't understand such a simple concept. In the real world not every job is worth $15 / hour.
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Old 02-20-2015, 07:38 PM
 
Location: Portland, Oregon
46,001 posts, read 35,204,331 times
Reputation: 7875
Quote:
Originally Posted by Haakon View Post
The business CAN afford to pay their employees, until big brother and the "every job deserves a living wage" crowd forces business to pay someone more than their job is worth. It's mind boggling how some people can't understand such a simple concept. In the real world not every job is worth $15 / hour.
What about businesses that can't afford to pay the current federal minimum wage. Should we subsidize those businesses so they can pay employees less than what they make now? Talk about a race to the bottom.
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Old 02-21-2015, 06:51 AM
 
Location: Steeler Nation
6,897 posts, read 4,755,909 times
Reputation: 1633
Quote:
Originally Posted by pknopp View Post
O.K. so Wal Mart can afford it. Sears is on the verge of Bankruptcy, would this push them over? Would that be wise? Yes, maybe at some point it happens anyway but not even all large businesses are the same.
I am not a fan of the minimum wage law, but since it exists, it should not be cut and dry, exceptions should be made for companies with financial difficulties.
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Old 02-21-2015, 06:54 AM
 
Location: Portland, Oregon
46,001 posts, read 35,204,331 times
Reputation: 7875
Quote:
Originally Posted by Ghostrider275452 View Post
I am not a fan of the minimum wage law, but since it exists, it should not be cut and dry, exceptions should be made for companies with financial difficulties.
Why? Why should we subsidize a company with financial difficulties? That is like rewarding failure. I thought right wingers were against rewarding people just for participating, even if they fail at what they do.
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