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Thread: Minimum Wage Hikes Reduced Employment of Low-Skilled Workers

  1. #81
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    Re: Minimum Wage Hikes Reduced Employment of Low-Skilled Workers

    [QUOTE=Papa bull;1064206773]
    Quote Originally Posted by KevinKohler View Post

    It is the difference and you still get it wrong. An employer pays what A JOB is worth. Your desire to live a better life doesn't change or drive that.
    I don't give a **** about a better life.



    Well, yeah, I do. You see, in order for MY bonus to get me into 6 figures this year, I need people to spend more. At least 14% more. And the best way I can figure to make people spend more is for them to have more to spend. Paying people more means they have more to spend. Sure, it will mean a FEW will have LESS to spend, but then, they have so much money, they could hardly spend it all anyway. Unless they're just idiots with their money, anyway.
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

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    Re: Minimum Wage Hikes Reduced Employment of Low-Skilled Workers

    [QUOTE=KevinKohler;1064206787]
    Quote Originally Posted by Papa bull View Post

    I don't give a **** about a better life.



    Well, yeah, I do. You see, in order for MY bonus to get me into 6 figures this year, I need people to spend more. At least 14% more. And the best way I can figure to make people spend more is for them to have more to spend. Paying people more means they have more to spend. Sure, it will mean a FEW will have LESS to spend, but then, they have so much money, they could hardly spend it all anyway. Unless they're just idiots with their money, anyway.
    Well, raising minimum wage MUGHT benefit you short term IF most of your customers make minimum wage AND they spend all their extra income in your store. With less than 3% of all employees making minimum wage, good luck with that. Meanwhile, jobs will get cut and prices will increase so you can hope maybe it might help you get closer to making your six figure salary with bonus.
    You can't reason anyone out of a position they didn't reason themselves into in the first place.

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    Re: Minimum Wage Hikes Reduced Employment of Low-Skilled Workers

    [QUOTE=Papa bull;1064206809]
    Quote Originally Posted by KevinKohler View Post

    Well, raising minimum wage MUGHT benefit you short term IF most of your customers make minimum wage AND they spend all their extra income in your store. With less than 3% of all employees making minimum wage, good luck with that. Meanwhile, jobs will get cut and prices will increase so you can hope maybe it might help you get closer to making your six figure salary with bonus.
    Most of my companies customers make more than minimum wage. Most of my companies employees make minimum wage...or at the least, start OUT at minimum wage. Of course, those employees are OTHER people's customers, too. And those OTHER people? They are my companies customers. So when my company puts more money into THEIR customer's pockets, they have more money to spend at BJ's.

    As for jobs being cut, which jobs are being cut as a DIRECT result of increases to minimum wage? Thus far, no one has presented any credible evidence to support such a theory. And as stated before, prices will not increase because market competition will keep them as low as possible. You can thank a generous man at Costco for that, in other words.
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

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    Re: Minimum Wage Hikes Reduced Employment of Low-Skilled Workers

    But enough about my crazy theories.



    Tell me YOURS. How would YOU go about increasing the growth of a CONSUMER economy?
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

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    Re: Minimum Wage Hikes Reduced Employment of Low-Skilled Workers

    Quote Originally Posted by KevinKohler View Post
    But enough about my crazy theories.



    Tell me YOURS. How would YOU go about increasing the growth of a CONSUMER economy?
    You seem to have some sort of crazy idea that strong economies are built by governments instead of industry. If you want a strong economy, stop screwing around with free market principles. They're not broken and attempts to "fix" what isn't broken aren't helping. Bin fact the attorney to "fix" the free market with policies to promote homeownership to people that haven't proven they are responsible enough to own homes caused this mess.
    You can't reason anyone out of a position they didn't reason themselves into in the first place.

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    Re: Minimum Wage Hikes Reduced Employment of Low-Skilled Workers

    Quote Originally Posted by Papa bull View Post
    You seem to have some sort of crazy idea that strong economies are built by governments instead of industry. If you want a strong economy, stop screwing around with free market principles. They're not broken and attempts to "fix" what isn't broken aren't helping. Bin fact the attorney to "fix" the free market with policies to promote homeownership to people that haven't proven they are responsible enough to own homes caused this mess.
    There is no such thing as a free market. There never has been, there never will be. These free market principles you speak of...what are they? Just what regulations upon our market would you get rid of? No minimum wage at all? Is that what you advocate? No too big to fail? No rules at all? Or some rules....as long as you approve of those rules? Tell me about these principles you hold dear.
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

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    Minimum Wage Hikes Reduced Employment of Low-Skilled Workers

    Quote Originally Posted by KevinKohler View Post
    There is no such thing as a free market. There never has been, there never will be. These free market principles you speak of...what are they? Just what regulations upon our market would you get rid of? No minimum wage at all? Is that what you advocate? No too big to fail? No rules at all? Or some rules....as long as you approve of those rules? Tell me about these principles you hold dear.
    So now I say "free market principles" and you pretend that you have no idea what they are and then go on to argue some asinine tangent about me saying we ARE a free market. Do you really have no clue at all that there is a difference between free market principles and the idealistic state of a free market? Or do you know the difference but find it convenient to pretend you don't.

    Google "free market principles" if you are truly that clueless. Educate yourself. I'm not about to try to teach you the fundamentals of free market principles just so we can have a reasonable discussion. You need to do your own homework.
    You can't reason anyone out of a position they didn't reason themselves into in the first place.

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    Re: Minimum Wage Hikes Reduced Employment of Low-Skilled Workers

    Quote Originally Posted by KevinKohler View Post
    Minimum wage went up to 9.15 in CT. From 8.25, or something. My company employees a lot of minimum wage workers. None of them got laid off. Not in any of the stores.


    The bottom line is this...a company doesn't hire or fire based on the expense of doing so, their primary reason is need. We NEED those employees, so even though the cost to employ them just went up, we can't AFFORD to let any of them go.

    We have also not raised prices....well, except for beef. Beef is skyrocketing all over the place, though.

    Prices do increase when the Goverment steps in with their arbitrary mandates that increase cost .

    These cost increases aren't justified through efficient and effective free market principles.

    They're justified politically, with narratives and plattitudes based on " equity ".

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    Re: Minimum Wage Hikes Reduced Employment of Low-Skilled Workers

    Quote Originally Posted by Papa bull View Post
    So now I say "free market principles" and you pretend that you have no idea what they are and then go on to argue some asinine tangent about me saying we ARE a free market. Do you really have no clue at all that there is a difference between free market principles and the idealistic state of a free market? Or do you know the difference but find it convenient to pretend you don't.

    Google "free market principles" if you are truly that clueless. Educate yourself. I'm not about to try to teach you the fundamentals of free market principles just so we can have a reasonable discussion. You need to do your own homework.
    I am perfectly familiar with free market principles, I listed a few. The problem is, I don't know which ones YOU value, which is what we are now discussing, yes? You see, I asked YOU how YOU would go about increasing economic growth in this country, and your answer was "free market principles".

    Well, free market principles are ideas surrounding free trade, reduced regulation, or no regulation of markets, thus allowing supply and demand set prices, and let the buyer beware.
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

  10. #90
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    Re: Minimum Wage Hikes Reduced Employment of Low-Skilled Workers

    Quote Originally Posted by Fenton View Post
    Prices do increase when the Goverment steps in with their arbitrary mandates that increase cost .

    These cost increases aren't justified through efficient and effective free market principles.

    They're justified politically, with narratives and plattitudes based on " equity ".
    So, no minimum wage, then?

    And by your like of this post, I am to surmise that you agree with this as well, Papa?

    Be less vague, folks. Come out and say it, do you, or do you not, support a minimum wage?
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

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