There goes Florida's economy

Dang. I totally missed that. I thought it failed.

 

Which is the opposite of what I did. I voted Biden for president, but Libertarian on the rest. Generically speaking - I voted for more freedom, less taxes, more options.

 

You first.

 

I dont resort to that, I defer to your expertise.

 

No? That sounds like silly gobbledygook!

 

I've been in business a long time. Lots of people have come along and tried to take my clients away by under cutting fees. It works for a little while, until clients realize they are getting what they pay for or the competition realizes that in order to grow they have to charge more.

The market determines price, not outside influences like social justice.

You're living in fantasy land.

 

Anybody that doesn't maximize prices inside the confines of market rates is leaving money in the table and failing to grow. There will always be somebody willing to temporarily undercut your prices to try and steal clients. Have been for my 20 years in business. Somebody will even try to undercut you.

You want to be the cheapest, and sell hamburger. Ok. Ill sell steak and charge appropriately for it. But you can't charge hamburger prices and deliver steak. Not for long.

 

How are the poor exploited, exactly? Keeping in mind no one is forced to work at W@lmart.

 

Not especially moral, even then.

 

WTF are you talking about? Out of "nothing"? No!

Have you ever heard of GDP? Why do you think it always (well... almost always. Mostly when there is a Democrat in the WH) goes up? Do you think domestic product is created out of "nothing"?

Easy. By consuming! Companies produce goods and services because consumers consume them. If their buying power increases, they buy more goods and services and, therefore production (the "P" in GDP) increases, which demand a bigger workforce to produce them, more employment, more wealth....

That's it in a nutshell

Economy 101. If you really think this is an "interesting process"... you could go to your local college and ask the professor if they would let you sit in on a class. There are also very basic courses online, I believe.

Of you could ask somebody who knows how to run a business. I do, but I don't have the time or the drive to give you a class on Basic Economics.

 

If you actually do what you say you do, i.e., pass any expense increase to your clients.... I don't know what to tell ya... but your competitors will have a field day. Profiting by increasing prices rather than grasping the opportunity to grow is not a wise move, in my opinion.

I already beat my competitors on quality. If they think like you I'll also beat them on price.

Unless, of course, you don't have any competitors. Or if they all think like you. But that doesn't help the economy grow.

 

So looks as though you're for robust capitalism! That's good news

 

Obviously the solution for our economy is for the government to print huge amounts of money, hand it out as a stimulus and raise the minimum wage to $50/hour and then everyone can afford anything they want and our economy will take off like gang busters.

 

I used to know a guy that ran a restaurant, and his number one concern in anything was being the cheapest. He thought that's all people cared about. Price.

He would minimize profits to keep costs down, he would sacrifice quality, while of course claiming it was the highest quality, he would under pay staff and have huge turn over.

Seemed to work. Until it didn't. He burnt himself out, burnt out his team, and started to have trouble just making rent.

You want to be the cheapest, that's your model. Great.

Not everybody wants Motel 6, some will pay for the Hilton. Trying to be the Hilton with a Motel 6 mind frame. Best of luck.

 

$15 an hour? Why not make it $40 an hour? Don't be such a cheapskate.

 

They should make it at least $2,0000 an hour. We would all make at least $400,000 per year. That way Biden could tax us at a higher rate. We would still have a lot of money left over and the government would make out like bandits. .

 

Yep cons don't even know the existence of the concept of moderation.

 

They simply forget a time where it was okay to just want to work 40 hours and have a meaningful, non-money grabbing, lifestyle.

All of a sudden, not wanting to work 60 hours/week for a bare existence was considered the height of laziness.

All of this, despite the fact that productivity has gone through the roof, costs have fallen, and profits increase.

Workers are to blame for all of that.

I miss REAL republicans.

 

Why is $15 an hour "moderate" but $40 an hour isn't?

 

I'm not a Republican. I'm just someone who understands basic economics.

 

Proving my point.

 

Not proving anything. What is magic about $15 per hour? Why not $1 and hour or $100 per hour? Just merely calling it moderation doesn't hack it.

It comes down to one basic problem. When you increase the minimum wage, someone has to pay for it. There are three basic possibilities. Increase the cost of the product, decrease the profit to the owners or lay off some of the workers. That is about it. They all have negative consequences.

 

Still proving my point.

 

60% win. I voted against but reluctantly, preferred somewhere around $12.50. It is what it is, it will take time for real impact to kick in, costs will increase in some areas of the economy.

9/1/21, the race begins for employees to justify to their employer that they are worth a 20% increase in pay and for employers to eliminate as many employees as possible.

I wish those who dont make the cut well and I hope there aren't too many.

 

You have not proved anything. Fifteen dollars an hour is more than a one hundred percent increase. Never in my many decades in the work force with multiple promotions did I ever get anything close to a hundred percent increase in pay. Arbitrary claims of moderation proves nothing.