http://www.cbsnews.com/stories/2005/...in957660.shtml

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JMS gets another English lesson:

Quote:

there is no "mostly unique;" thats like saying "sometimes always," its an oxymoron - its either one or the other.

The result:

Quote:

By the mid-19th century unique had developed a wider meaning, “not typical, unusual,” and it is in this wider sense that it is compared. The comparison of so-called absolutes in senses that are not absolute is standard in all varieties of speech and writing.

It is called minimum wage because it is the minimum that a company is forced to pay their employees. If it weren't for minimum wage, people would still be working as basically slaves. Not that what they make now is much better.

Besides, companies typically will increase other wages because they WANT to, not because they HAVE to. Minimum wage would go up because it has to. Companies COULD agree to maintain the wages of higher paid employees and things would be fine, but people are greedy and can't stand it when they see that someone who didn't go to college is actually making ends meet for once.

It is not a competition, yet these people want minimum wage to remain low, to keep the poor down, away from their level. Keep them down, so they can't afford to send their kids to college, and keep the cycle going.

And I'm not going to pretend that these people are only conservative republicans....this is something that both parties are at fault for. People need to understand that because of this trend to always have your wages go up when minimum wage goes up, affects inflation and we are back where we started. People need to understand that just because their poor neighbors got a new car finally, doesn't mean that they have to go out and buy 2 new cars, each worth 4 times as much as the one car the poor people bought. People need to understand that it would be good for our economy overall if poor people were made a little bit richer. They would be able to spend more, they would be able to invest more, save more, they would get off of government programs...not all but some.

I don't know, maybe I'm just wasting my breath. Go ahead keep the wage low, and continue to ask for a raise each year of about 3.5%. greedy sons of (*)(*)(*)(*)(*)es

Your Dad is smart. Obviously YOU have bought into the Democrat propaganda which is that they are FOR the "little people." If that were true, then everytime they came into power they would have resolved the problem of poor and the homeless. But funny.....everytime they DO come into power, it's as if neither of those problems exist.

What the Democrats are very good at is keeping the "little people" down.

And as far as Wal-Mart and wages.....there is NOTHING stopping them from doubling or tripling the wages of those at the bottom in their stores. NOTHING.

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"This is a time for a national imperative not to fail in Iraq." Condoleeza Rice, January 11, 2007

...they'd have to increase the percentage of "Made In America" merchandise imported from China up to 80% just to keep the obscene profits at the same level....

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The last time this country mixed politics with religion, people got burned at the stake.

In a way agree with you welfare is outdate and need to be changed, but you conservative want to get rid of it.

If wal-mart wants to the minium wage to be raised why don't they do it themselves for their own workers, this is not socialist country, we don't have govt-runned industries. Wal-Mart just want to look good and gain some sympthy to the common American buyer.

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At twenty a man is full of fight and hope. He wants to reform the world. When he is seventy he still wants to reform the world, but he know he can't.
- Rodney Dangerfield

How in the hell does ten billion dollars in profits last year add up to a "thin profit margin?"

And what the hell is this crap supposed to mean? Is he blaming poor customers for Wal-Mart inability to raise wages? What a f---ing jerk!

Wal-Mart doesn't need a raise in the minimum wage to raise their own wages. They can do anytime they want. This is all a BS publicity stunt to make them look good, just like their pathetic radio commercials going on and on about how even a cart pusher can move up to district manager in their company. Blah, blah, blah.

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LET ME SEE YOUR WAR FACE!!!

[/quote]

How in the hell does ten billion dollars in profits last year add up to a "thin profit margin?" [/quote] Because profit margins are measured as a percentage of sales rather than in absolute dollars. So, without knowing the gross sales figure as well as the net profit figure, you cannot figure what the profit margin is. Now, let's do a little math here. How to eliminate $10 billion in profits. Give each of 1.7 million employees raises in the amount of $5,882.35/year (salary) or $2.83/hour (wages). Do you really think people should invest money in business hoping to make zero profit?

Ah, theo, but you forget. Using Scott's logic about poor people, um excuse me, "people of modest means" spending their money at Wal-Mart, we would have to conclude that if he gave his employees (most of whom are people of modest means) a raise, much of the raise would be spent at Wal-mart. So, if he gave his employees a $1.00 an hour raise, his cost would only be 3.4 billion, BUT his sales would increase to compensate.

So what's he afraid of? I mean if he truly believes what he's saying.

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Order without liberty and liberty without order are equally destructive. - Theodore Roosevelt

Okay, I've calmed down now and can speak rationally. Thanks Theo for explaining about profit margins. My knowledge of economics is even less than that of politics.

Wal-Mart is getting a lot of bad publicity because of criticism about their low wages and poor benefits. In fact, a Wal-Mart proposal for NYC was recently rejected because New Yorkers didn't like Wal-Mart's wage policies. Therefore, they are trying to reshape their image as a company who cares about its employees. Now, it is true that not all of the 1.7 million employees are making minimum wage. It would look bad for Wal-Mart to only raise wages for those making minimum wage, and to raise wages overall would put them above their profit margin. Therefore, pushing the government to raise the minimum wage would allow them to only raise wages for those making minimum wage and still save face.

This is a major dilemma for a company trying to keep prices low to appeal to "people of modest means."

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LET ME SEE YOUR WAR FACE!!!

What you are failing to understand is that increasing the minimum wage won't help the poor. I know it seems counter-intuitive, but LOTS of things in economics are. If it were that easy, why not make the minimum wage $50,000 a year? Any thoughts on what might happen?

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See y'all after the election. Good luck to whichever Republicrat you are voting for.