"Businesses that pay less than living wages don't deserve to exist" - President

so you pay sticker price for cars then I take it. After all, "paying someone the LEAST amount you can" is evil and greedy. Surely you aren't a hypocrit that thinks others have to follow arbitrary ethics you deem appropriate, then find a way why the same ethics don't apply to you when it's time for you to pay money out

 

Really? It does? I was always under the impression that you get what you pay for. Pay less, you'll definitely get less.

 

Hyperbole much? Wow- a whole lot of empty words right there. Care to add anything substantial?

 

not when you are bartering over sticker price it doesn't.


now, beyond that... min wage employees are not worth a whole lot. Every once in a while, you will get one that is working their way up and out and this min wage job is simply a rung on their life's ladder of success. but most of the time, you only get those applying that can't get jobs anywhere else because they don't have a valuable skill set, or they are less than trust-worthy (ie - criminal record, been fired from the past 5 jobs, etc)


but let's be realistic about it.... do you need a person with a doctorate in burgerlogical sciences to cook a big mac?

 

So, in other words, the jobs should not exist. That would be a liberal nirvana, more people on welfare.

 

The opposite is now true. Highest paying job I had before I graduated from college was 14$ an hour. At the time, that was a hell of a lot.

But even at that rate, I saw so many of my coworkers get fired for being late, taking long breaks, not clocking out for lunch etc.

 

Convert Obama's pension to a 401(k), then let's see if he still thinks so.

 

yep.... never ceases to amaze me that some don't realize the importance of having a job.


I have had run-ins with the boss, even in my career.... but I'm never going to shoot myself in the foot while waiting it out. I move on to bigger and better,

 

Individuals choose to pay money as a representation of value. Typically, you try to pay the least amount of money for the most amount of value.

It's the law of demand. All other factors remaining the same, as price increases, demand decreases.

There are exceptions of course. One of them, called the Alchian–Allen effect, is the main reason why unions love it when the minimum wage increases...

 

The issue with this is the majority of the companies affected will be small local businesses.
The mega corporations will simply shift operations around or move overseas while the small companies will close completely - shifting more business to the large corporations. Rinse and repeat.

For the left to hate mega corps they sure are wanting to drive more business to them.

 

Well, they got fired then. The company was not required to keep them.

 

but it goes against your "you get what you pay for all the time" theory. I've hired plenty of min wage employees that are now onto bigger and better things. Heck, I like to consider myself a helluva min wage employee as I worked my way up and out

so someimte, you get min wage genius, sometimes you get some 100k POS's.... but the reason why one job is worth 8$/hour vs the other that is worth 6 figures..... skillset required to replace them when they leave.

 

Hypocrite much? Why not just answer my question with something substantial?

Did you not understand it?

Money is exactly like a scale. Changing the minimum wage is an attempt to change the "zero" setting of the scale to a new number. This of course, does nothing to change the values the scale measures. In the same way, making the minimum wage 10 dollars or a million dollars does nothing to change the value that the minimum must represent.

Liberals can't seem to wrap their heads around that concept. Instead they appeal to emotion with specious arguments. Any logical thinking person can easily see that the argument is just a shallow attempt to foment envy between groups that the liberals divide people into. Rich. Poor. Black. White. Male. Female. Gay. Straight. Christian. Jewish. Etc It's the same argument liberals use to impose tyranny in every aspect of their social policy.

 

Ok? The point is that paying people more doesn't insure anything anymore.

The market dictates what a product is worth, even if that product is labor.

Growing up, I never once thought that a lowing paying job would support me throughout my life. Do you think it should?

 

So, FDR wanted to kick all the business that didn't agree with his standard out of country and you're asking how I can call myself an American and disagree???????????? WTF!!!! How about you answer the question; how can you call yourself an American loyal to a free society and agree with that nonsense? I mean, really...get a grip!

 

[video=youtube;XSojNSwAb7I]http://www.youtube.com/watch?v=XSojNSwAb7I[/video]

[video=youtube;xZjtw6iZISE]http://www.youtube.com/watch?v=xZjtw6iZISE[/video]

Who cares??? When labor gets too expensive, companies will just use robots. Low enough jobs are not meant to be a career. It's suppose to be temporary.

 

A job exists every time an entrepreneur pays someone to produce a product or service that can be sold for more than the cost of production.

It's not supposed to be anything other than that. This is how capital is generated.

And this speaks to the fundamental misunderstanding liberals have with the function of the economy. You can hear it in their arguments when they complain about the rich getting richer and the poor getting poorer. They don't understand what capital is, and how it is created. They think it's a finite resource, and if the rich are getting richer, they must be taking it from the poor who are getting poorer. To solve this problem they think that raising the minimum wage takes money from the rich and directly gives it to the poor.

This flaw is commonly illustrated with a pie analogy. They think there's 1 pie, and the rich eat more of the pie than everyone else. What the liberals don't understand is that capital generation is the ability to make pie. In short, more capital generated is exactly like more pie generated. But the liberals seek to punish the people who know how to make the pie, and steal their pie using the envy and greed of people who like to eat pie.

 

Yes, but if things get to expensive (cost of parts, LABOR, regulation, etc), a job wouldn't exist because nobody will buy the product. Look at flat panel TVs. In the beginning only rich people would afford them. Because of this, not as many people were employed in this field. As TVs got cheaper, more people bought them, and more jobs were created.

 

who in their right mind would pay $374 for a 32-inch LCD TV? I'll be waiting for Black Friday this year where I expect them to be $79-99 everywhere and I'm going to hang one on the wall in the kitchen and one in the porch. I have them in all the bedrooms and paid $149-$199 and those are 1080

here's a buying tip, get the wall mount brackets at Harbor Freight for half the price of elsewhere

but to your point, the beauty of lower prices is that technology gets pushed deeper and affordable flat panels triggers the sale of streaming players or blu ray players which results in Netflix sub, redbox rentals and/or dvd/bluray disc sales

 

Living wage? More like luxury wages, far as anyone can tell nobody has died from not being paid what the Ivory Tower dwellers deem appropriate...

 

But nothing. I'm not disagreeing with you. I just hate to see people get caught in the weeds of liberal arguments.

I'm pointing out that the liberals create conditions to employment that are frivolous. Don't argue with a liberal about what something is supposed to be. That's the fantasy world they live in. Liberal arguments are all about the way things should be, without regard to the way things actually are. Instead, tell them what it IS. This is the only way to destroy their fantasy.

Employment is simply an agreement to create capital for an employer.

Money is simply an instrument that measures value.

You can change the number of marks on the instrument all you want, but that will never change the value the instrument measures. You don't make a short man taller by making a foot 16 inches. You don't make a fat man skinnier by making a pound weigh only 4 ounces and you don't make a poor man richer by making the minimum he's allowed to earn 10 dollars.

 

They sure do. I know, I've managed several install projects that included robotic equipment. And if I where younger I'd be in school learning how to program the things.

 

What does wages have to do with being American and loyal to his countrymen? You forgot countrywomen.

 

There goes tons the jobs for young adults, working moms/dads, part time extra, special needs adults, season jobs, etc....

It's time to close gas stations, fast food restaurants, nearly all small restaurants, convenience stores, retail stores, movie theaters, fun zones, and more.

Congratulations Mr. President and Liberals, in your economic neophyte stage you would basically destroy the U.S. Economy completely.

 

All legal. He get's the same tax break as everyone else does when they make a profit from investing. Long term capital gains are taxed at 15%. Earned income generally starts at around 15%. Push to change the tax code. But it will also earned everyone who has a 401K or any other investment plan. Romney doesn't need to work because he has so much money in investments. Many people do on in both party's. It's no scam as it is perfectly legal.