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Old 07-23-2019, 12:09 PM
 
Location: San Jose
2,594 posts, read 1,242,758 times
Reputation: 2590

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For those frothing at the mouth at the notion of minimum wage going up, let me break it down for you.

In order for a worker to make profits for their greedy boss, they need a certain amount of income in order for them to be able to function at their job. They need food, water, shelter, transportation to work, healthcare, etc. The sum total value of this depends on location but we can give it an abstract value and call it just X.

Now if minimum wage is below the value of X, which is absolutely is, then the worker must rely on other means in order to account for the missing value of X, remember they need X in order for them to function at their their job. Where do they find this missing value, through public assistance programs like Food Stamps for example. (50% of all people who make minimum wage are on at least one public assistance program) Who pays for public assistance programs? We do the tax paying public.

By not paying their employees enough to function at their job (X) these companies have instead relied on YOU the tax payer to help pay for their employees ability to function at work. But do these companies then share the labor profit these employees make with you the tax paying American? NOPE...they keep it all for themselves and give you nothing. So you are helping to foot the bill but get nothing back in return while they make a lot more money for themselves.

If the cost of minimum wage goes way up and those working for these companies can have the total value of X paid for through their wages, then they wouldn't need your tax dollars. Thus saving YOU money, allowing it to be better spent on other things like better roads, schools, whatever....

To sum it up, you the American taxpayer are being taken for a fool by keeping the minimum wage so low by the people who are making all the money. To top it off, they have brainwashed most of you lot into thinking the problem is with the minimum wage worker.

Americans are easily the most gullible and manipulated people in human history....it really is just beyond comprehension.
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Old 07-23-2019, 01:26 PM
 
36,539 posts, read 30,885,552 times
Reputation: 32823
Quote:
Originally Posted by KenFresno View Post
For those frothing at the mouth at the notion of minimum wage going up, let me break it down for you.

In order for a worker to make profits for their greedy boss, they need a certain amount of income in order for them to be able to function at their job. They need food, water, shelter, transportation to work, healthcare, etc. The sum total value of this depends on location but we can give it an abstract value and call it just X.

Now if minimum wage is below the value of X, which is absolutely is, then the worker must rely on other means in order to account for the missing value of X, remember they need X in order for them to function at their their job. Where do they find this missing value, through public assistance programs like Food Stamps for example. (50% of all people who make minimum wage are on at least one public assistance program) Who pays for public assistance programs? We do the tax paying public.

By not paying their employees enough to function at their job (X) these companies have instead relied on YOU the tax payer to help pay for their employees ability to function at work. But do these companies then share the labor profit these employees make with you the tax paying American? NOPE...they keep it all for themselves and give you nothing. So you are helping to foot the bill but get nothing back in return while they make a lot more money for themselves.

If the cost of minimum wage goes way up and those working for these companies can have the total value of X paid for through their wages, then they wouldn't need your tax dollars. Thus saving YOU money, allowing it to be better spent on other things like better roads, schools, whatever....

To sum it up, you the American taxpayer are being taken for a fool by keeping the minimum wage so low by the people who are making all the money. To top it off, they have brainwashed most of you lot into thinking the problem is with the minimum wage worker.

Americans are easily the most gullible and manipulated people in human history....it really is just beyond comprehension.
In order for a business owner to provide an income + medical coverage+workman's compensation insurance+FICA and pay overhead expenses they can only pay a certain wage to each employee in order for them to run their business and make any profit.
If minimum wage is $20/hr. a business would have to pay its base skilled worker at least $40/hr., its experienced workers a minimum of $80/hr. and up. These additional salaries and corresponding FICA would force the business to either go under because they could not pay operating expenses, make no profit themselves or reduce their staff causing more people to go on public assistance.
Minimum wage jobs are not intended wages to raise a family, buy a home, etc. but as starter jobs, second jobs, transitional jobs.
My grandson is working a summer job as a grunt, step and fetch it laborer for slightly over minimum wage ($8/hr). Why should he be paid the same as a skilled tradesman (20$/hr)?
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Old 07-23-2019, 01:29 PM
 
Location: NMB, SC
43,128 posts, read 18,298,681 times
Reputation: 34997
Funny in that she really has no standing in Congress being so new.
And she hasn't submitted any bills either.

Just more activist type activity...get the crowds all riled up with emotion so that logic/thinking go out the door.
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Old 07-23-2019, 01:32 PM
 
Location: San Diego
5,746 posts, read 4,706,142 times
Reputation: 12823
The Dems are getting thei ideas from the kids running for Class President of their Junior High Schools.


"Free pizza ever Friday if you vote for me!"

"No homework ever again if you vote for me!"

"FREE Slurpee machines in every classroom if you vote for me!"



It's going to worse as the election nears.
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Old 07-23-2019, 01:36 PM
 
Location: Long Island
32,816 posts, read 19,496,494 times
Reputation: 9618
Quote:
Originally Posted by StillwaterTownie View Post
Why don't Republicans running for office make things more simpler by advocating the abolishing all minimum wages?
with 1500 different COL areas or economies within the USA, why do you think there should be even one federal min wage...let the states or counties set the min wage for their areas








and think about this for one second


the largest employer in the USA....the federal government


if congress was to double or more (a few are saying 20/hr) the min wage then the entire GS/WG schedule would have to be redone


GS1 only makes $9.13/hr
WG1 only makes $10.02/hr


its not until WG5 that employees are making $15 or more/hr


and since the scales/schedules are prorated..ie steps and grades based on experience and job title...the ENTIRE schedule would have to be majorly adjusted ..... costing the federal government 100's of billions in salary

costing the federal government 100's of billions..and we are currently running huge deficits....

or that's right...liberals don't care about deficits, unless its to bash a republican
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Old 07-23-2019, 01:48 PM
 
Location: NMB, SC
43,128 posts, read 18,298,681 times
Reputation: 34997
Wage is only a part of a company's total labor cost.
That company is paying out more than $20/hour for each employee.

Many fail to see that.
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Old 07-23-2019, 02:00 PM
 
Location: Suburb of Chicago
31,848 posts, read 17,624,362 times
Reputation: 29385
Another point to add to the above is that when minimum wage goes up - employers and hiring managers expect more for their money. The increase would attract a group of candidates who aren't currently interested. So who isn't hired at that point? The low-skilled employees you're advocating for.
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Old 07-23-2019, 02:34 PM
 
Location: Phoenix
30,382 posts, read 19,184,321 times
Reputation: 26282
Quote:
Originally Posted by 2mares View Post
Private business cant afford it and many will go out of business or outsource. More people unemployed, not paying into the tax base. Lot of skilled workers now arent making $20/hr. an doing good to make $15/hr.
Nothing makes a better Democrat voter than one dependent on welfare.
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Old 07-23-2019, 02:45 PM
 
Location: Barrington
63,919 posts, read 46,765,593 times
Reputation: 20674
Quote:
Originally Posted by TMSRetired View Post
Pelosi must be hitting the bottle each time one of the Squad open their mouths with new "Democratic" proposals.
She does not drink alcohol but who knows, may start.

Congress critters in both parties create bills that are DOA, upon arrival.

They claim such bills as accomplishments.

She should have fought this battle in her home state.
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Old 07-23-2019, 03:09 PM
 
Location: NMB, SC
43,128 posts, read 18,298,681 times
Reputation: 34997
Quote:
Originally Posted by middle-aged mom View Post
She does not drink alcohol but who knows, may start.

Congress critters in both parties create bills that are DOA, upon arrival.

They claim such bills as accomplishments.

She should have fought this battle in her home state.
Actually the 4 are Progressives trying to take over the Democratic party.
That is stated right on their web site..Justice Democrats.

From the looks of it though it sure seems like they are making headway.
They are constantly in the news now.
And they are constantly making extreme statements that get the people all riled up with emotion.
And Pelosi can't seem to shut them down either no matter how many times she has addressed them indirectly.

There's 4 now and more targeted for next election.
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