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Thread: McJobs and the Minimum Wage[W:123,226]

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    re: McJobs and the Minimum Wage[W:123,226]

    Quote Originally Posted by greengirl77 View Post
    Here is a though go try to servive on minimum wage in New York for a week and see how far that gets you maybe a couple of cab rides. So the right complains about people being on welfare, then they gripe when they do have a job and want a raise while the profits of these companies are in the 100 million range. GOP new slogan should be: Keep them poor, Get them sick, let them die quickly.
    What is this? The Alan Grayson response? Come on now greengirl, if people can't survive on minimum wage, then they have to get a different job. If they don't possess the skills to get a higher paying job then get the training to do so. And as a conservative, while they are training to get that better job, I have no problem if they are on assistance while doing such. As long as they are bettering themselves while collecting it.

    The faux issue you seem to have with a business making profit that YOU deem excessive, is really irrelevant. It isn't up to you to decide how much a business should make or not. And might I say how pretentious does one have to be to first assume what a business is making as profit, then assume that because you agreed to do a job for them, at a certain wage, that now in that job you have any right to claim their profit.

    My suggestion to anyone trying to support a family on a job designed to introduce teenagers to what it means to work, that maybe they shouldn't vote in a President, and government that obviously thinks that these jobs are fine for that individual.
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    re: McJobs and the Minimum Wage[W:123,226]

    Quote Originally Posted by Erod View Post
    Comical isn't it. Most every "right winger" has put more than their fair of time in along the minimum wage scale. We're the ones not standing in the welfare line, and we worked and scrapped our way out of those ranks.

    Liberals don't understand money. It's not a "reward" for work. It's a measurement of value; it indicates how rare or unique something is. That's why a diamond costs more than a regular rock. That's why a brain surgeon makes more than a salesman, unless that salesman can outsell 10 other salespeople.

    A third grader could work at McDonalds. Literally.
    Well said, sir!

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    re: McJobs and the Minimum Wage[W:123,226]

    Quote Originally Posted by greengirl77 View Post
    Here is a though go try to servive on minimum wage in New York for a week and see how far that gets you maybe a couple of cab rides. So the right complains about people being on welfare, then they gripe when they do have a job and want a raise while the profits of these companies are in the 100 million range. GOP new slogan should be: Keep them poor, Get them sick, let them die quickly.
    LOL, no offense, but you have zero understanding of economics.

    Fine, let's raise their pay to $15 an hour. You know what you've done? You've just devalued the dollar, so everything else is going to cost a lot more now because the dollar isn't worth as much.

    The net is, that person isn't in any better shape than before. They have more numerical money in their pocket, but it has exactly the same value as the lesser amount before.

    The market dictates. Always.

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    re: McJobs and the Minimum Wage[W:123,226]

    Quote Originally Posted by ttwtt78640 View Post
    Show me how more productivity occurs by paying the same worker twice as much to do the same thing. We can use running a cash register as an example of a "typical" minimum wage job. Crickets...
    Look into a company called American Apparel and it's owner, Dov Charney.
    American Apparel | Fashionable Basics. Sweatshop Free. Made in USA.
    American Apparel - Wikipedia, the free encyclopedia

    They make clothing in LA and pay over $30,000/year, compared to about $600 their competitors pay workers in Bangladesh. Management greed and incompetence is easily justified sometimes.

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    McJobs and the Minimum Wage

    Quote Originally Posted by Deuce View Post
    Somebody didn't even read the freaking OP.
    I did - I was addressing you.

    If labor costs are 30%, then doubling them will result in a 30% increase in the final sales price.
    No business owner can afford to absorb a 30% increase in labor cost.

    This will drive away most customers.

    It will also fuel inflation, which has averaged about 3.3% annually for the last decade or so.

    Once inflation hits, then these workers loose all that buying power, the economy slows, and small businesses start laying off workers.

    Great plan!
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    re: McJobs and the Minimum Wage[W:123,226]

    Quote Originally Posted by greengirl77 View Post
    Here is a though go try to servive on minimum wage in New York for a
    week and see how far that gets you maybe a couple of cab rides. So the right complains about people being on welfare, then they gripe when they do have a job and want a raise while the profits of these companies are in the 100 million range. GOP new slogan should be: Keep them poor, Get them sick, let them die quickly.
    Thats pathetic even by some of OUR Liberal posters.

    Feel free to post relevent rebutals anytime you like.

    Its encouraged here

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    re: McJobs and the Minimum Wage[W:123,226]

    This thread highlights the liberal doctrine of economics.

    If you don't have enough money, then just print some more money so you have more money.

    Hey, let's print a whole bunch of money, then we can all drive brand new Cadillacs!

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    re: McJobs and the Minimum Wage[W:123,226]

    Quote Originally Posted by SMTA View Post
    I did - I was addressing you.


    If labor costs are 30%, then doubling them will result in a 30% increase in the final sales price.
    No business owner can afford to absorb a 30% increase in labor cost.

    This will drive away most customers.

    It will also fuel inflation, which has averaged about 3.3% annually for the last decade or so.

    Once inflation hits, then these workers loose all that buying power, the economy slows, and small businesses start laying off workers.

    Great plan!
    And then they will demand more money, because 15 dollars an hour is no longer a " livable wage".

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    re: McJobs and the Minimum Wage[W:123,226]

    Quote Originally Posted by Grand Mal View Post
    Look into a company called American Apparel and it's owner, Dov Charney.
    American Apparel | Fashionable Basics. Sweatshop Free. Made in USA.
    American Apparel - Wikipedia, the free encyclopedia

    They make clothing in LA and pay over $30,000/year, compared to about $600 their competitors pay workers in Bangladesh. Management greed and incompetence is easily justified sometimes.
    $85 for a pair of jeans? Are you kidding me? I can pick up a pair at WalMart for $10.
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

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    re: McJobs and the Minimum Wage[W:123,226]

    Quote Originally Posted by j-mac View Post
    What is this? The Alan Grayson response? Come on now greengirl, if people can't survive on minimum wage, then they have to get a different job. If they don't possess the skills to get a higher paying job then get the training to do so. And as a conservative, while they are training to get that better job, I have no problem if they are on assistance while doing such. As long as they are bettering themselves while collecting it.

    The faux issue you seem to have with a business making profit that YOU deem excessive, is really irrelevant. It isn't up to you to decide how much a business should make or not. And might I say how pretentious does one have to be to first assume what a business is making as profit, then assume that because you agreed to do a job for them, at a certain wage, that now in that job you have any right to claim their profit.

    My suggestion to anyone trying to support a family on a job designed to introduce teenagers to what it means to work, that maybe they shouldn't vote in a President, and government that obviously thinks that these jobs are fine for that individual.
    The media is part of the problem. They say that McDonalds makes billions of dollars, which no doubt is true. They don't own that many stores though. Individual stores are owned by franchisees or franchise groups. They are not billionaires and have nothing to do with McDonalds making billions of dollars other than the rent they pay for their land leases and the six or seven percent franchise fee they pay to the franchisor.

    The individual stores owned by the franchisees make about 10% net on sales that could range from a couple million dollars to five or six million for stores in extremely good locations. Without going into a bunch of restaurant accounting, 10% in not much when you look at the capital investment each store owner has to make in their buildings, and FF&E. That's not much room for error. A bad winter storm can take all of the profit out of one month.

    Brazilians tell a joke about Argentineans. They say if you want to make a lot of money, buy an Argentinean for what he's worth and sell him for what he thinks he's worth. Same could be said for burger flippers evidently.

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