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Thread: How a powerful rightwing lobby is plotting to stop minimum wage hikes [W:33]

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    Re: How a powerful rightwing lobby is plotting to stop minimum wage hikes

    Quote Originally Posted by iguanaman View Post
    Since the minimum wage is usually the entry level, the established employees wages go up from there. Wages are a smaller and smaller % of company expenses and given the record profits in many companies, I doubt that raises will be all that painful.



    http://www.nytimes.com/2014/09/01/op...urge.html?_r=0
    Thank you for your opinion. However, I don't see how a change makes other wage increases automatic. I see lots lots of memes about record profits, etc., but who cares about that? Why would other wages go up? Why wouldn't it just end up being parity across the board?

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    Re: How a powerful rightwing lobby is plotting to stop minimum wage hikes

    Quote Originally Posted by iguanaman View Post
    What about them? If a company cannot afford to pay it's workers, it won't last long no matter what the wages. Since when is the health of failing companies the only concern? Perhaps you want more bailouts?
    No, I don't want more bailouts. If a company was surviving, you may kill it by raising its personnel costs. When that company fails, their portion of the market will go to a larger company who will more than likely not higher those people. Overall reducing jobs and making larger corporations. Is that what you want, companies that can't fail and reduced jobs?

    I think using the statement that companies are making record profits therefore the raise in minimum wage will be painless doesn't take into account the 66% of America which does not work for a large corporation.
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

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    Re: How a powerful rightwing lobby is plotting to stop minimum wage hikes

    Quote Originally Posted by upsideguy View Post
    Companies can not simply raise prices because they want to. The incidence of the cost will be partially borne by the market and partially borne by the employer. On the flip side, putting pay in the hands of workers means putting more money out into the economy as low income workers spend nearly 100% of her income, thus it will translate to more sales of products.

    no....the employers will not just EAT the difference

    they will cut jobs, cut services, and reduce any other expense possible to cover

    and then they will raise prices....period

    if you think any different, you arent in business, or wont be for long
    “Most of the shadows of this life are caused by standing in one's own sunshine.”

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    Re: How a powerful rightwing lobby is plotting to stop minimum wage hikes

    Quote Originally Posted by upsideguy View Post
    You each could use a course in economics. Prices are set by the market; not by the supplier of the product. The ability of a player in the market to change prices is governed by a concept known as price elasticity. To the degree the commodity / product is high inelastic, such as oil, the companies can pass costs along and not bear as much of the cost themselves. To the extent the commodity / product is highly elastic, then they have little latitude to off-load costs in the form of price increases and eat more of the cost themselves. Much of the travel industry, particularly airlines, have a high degree of price elasticity.

    Price elasticity of demand - Wikipedia, the free encyclopedia
    Price Elasticity of Demand

    Now granted, in inefficient markets with oligopolistic participants, there is generally less price elasticity than in a free market.... but, generally less does not mean that companies can dictate prices.

    Companies already set prices to maximize revenue based upon what the market will bear. If companies could simply dictate the price, they would naturally just charge more. But, they can't, so they don't.

    if you change the COST of labor, they will change their prices

    they have to.....there is no other place for it to come out of

    do you own or manage a business?

    i would assume not....i would assume you are in government, or education in some format

    most businesses that employ minimum wage workers are small companies

    little drug stores, car washes, food joints

    low margins high failure rate businesses......

    the owner is entitled to a return on his/her investment

    increasing his/her labor cost has to come from somewhere
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    Re: How a powerful rightwing lobby is plotting to stop minimum wage hikes

    Quote Originally Posted by Paxaeon View Post
    `
    All I needed to see in your first link was this phrase; "Research conducted by the Heritage Foundation in 2003 found..." The Heritage Foundation is so ideologically biased that the only people that take it seriously are conservatives and the TP. I'll pass.

    Now, on the second think, under "About us" and "Advocacy" I found this: " Our mission is to defend the right of small business owners to run their businesses without undue government interference...." More right wing propaganda."

    Please find sources like mine that are not associated with political ideology.
    and your sources are better?

    lmao

    Background

    A fundamental promise of America is that work will be a ladder to economic opportunity and an anchor of economic security for working families. But that promise has unraveled over the past three decades. Globalization has combined with domestic policy choices to yield an economy that creates too many low-wage jobs and not nearly enough good ones. Lax enforcement of workers' rights, increased subcontracting and misclassification of employees as independent contractors, and failed immigration policies have heightened insecurity for all workers. Inequality has grown to historic levels, the middle class is imperiled, and many fear our best days are behind us.

    The National Employment Law Project (NELP) responds by working to restore the promise of economic opportunity in the 21st century economy. In partnership with national, state and local allies, we promote policies and programs that create good jobs, strengthen upward mobility, enforce hard-won worker rights, and help unemployed workers regain their economic footing through improved benefits and services.

    Read more about NELP's recent work in our 2013 Annual Report.

    NELP works from the ground up to build change. Our model is to develop and test new policies at the state and local level, then scale them up to spur change at the national level. We partner with strong advocacy networks, grounded in the full range of stakeholders - grassroots groups and national organizations, worker centers and unions, policymakers and think tanks. With our staff of lawyers, policy experts and researchers, we provide the following:

    In-depth legal and policy analysis, developing innovative strategies to create good jobs, improve working conditions and bolster economic security;

    Rigorous empirical research, documenting key trends in the economy and spelling out effective solutions;

    Expert legal advice and technical assistance, helping advocates craft viable policies in light of legal restrictions;

    Strategic leadership in coalitions, bringing together diverse constituencies to pursue common goals;

    Communications, public education and messaging, shining a spotlight on the struggles of today's working families and helping to increase understanding of key economic problems and viable policy solutions; and

    Capacity building through dissemination of policy and research reports, hosting conferences, and student training.

    NELP has offices around the country and programs that touch the lives of workers across the economic spectrum. We welcome your inquiries and participation.

    http://www.nelp.org/index.php/conten...us/background/


    its a union loving leftist organization.....

    not exactly unbiased in it's opinions
    “Most of the shadows of this life are caused by standing in one's own sunshine.”

    Ralph Waldo Emerson

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    Re: How a powerful rightwing lobby is plotting to stop minimum wage hikes

    America should return to the days of company housing where the workers lived in company houses, shopped in company stores and were paid in company tokens. Fewer problems, little bickering over money, no long drives to shopping mall where we could be killed by ISIS, no worries about someone hacking in to your bank account or credit cards, noting in your homes to worry thieves will come in and steal. Sounds pretty good does it not? Think of it, we could all be exactly the same ending all race and class and social disputes. Heck, we could eventually marry within our own families.

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    Re: How a powerful rightwing lobby is plotting to stop minimum wage hikes

    Quote Originally Posted by ocean515 View Post
    Thank you for your opinion. However, I don't see how a change makes other wage increases automatic. I see lots lots of memes about record profits, etc., but who cares about that? Why would other wages go up? Why wouldn't it just end up being parity across the board?
    For the same reason that some get more than the minimum now, to keep them from losing employees with valuable experience.

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    Re: How a powerful rightwing lobby is plotting to stop minimum wage hikes

    Quote Originally Posted by iguanaman View Post
    For the same reason that some get more than the minimum now, to keep them from losing employees with valuable experience.
    That might happen I suppose. But, the average small business, which represents that vast majority of employers, probably is going to have a difficult time handling such a big increase. Do you know how much revenue needs to be generated to create the additional profit needed to cover the higher wages?

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    Re: How a powerful rightwing lobby is plotting to stop minimum wage hikes

    Quote Originally Posted by gdgyva View Post
    and your sources are better? lmaoA fundamental promise of America is that work will be a ladder to economic opportunity and an anchor of economic security for working families. But that promise has unraveled over the past three decades. Globalization has combined with domestic policy choices to yield an economy that creates too many low-wage jobs and not nearly enough good ones. Lax enforcement of workers' rights, increased subcontracting and misclassification of employees as independent contractors, and failed immigration policies have heightened insecurity for all workers. Inequality has grown to historic levels, the middle class is imperiled, and many fear our best days are behind us.
    The National Employment Law Project (NELP) responds by working to restore the promise of economic opportunity in the 21st century economy. In partnership with national, state and local allies, we promote policies and programs that create good jobs, strengthen upward mobility, enforce hard-won worker rights, and help unemployed workers regain their economic footing through improved benefits and services.Read more about NELP's recent work in our 2013 Annual Report. NELP works from the ground up to build change. Our model is to develop and test new policies at the state and local level, then scale them up to spur change at the national level. We partner with strong advocacy networks, grounded in the full range of stakeholders - grassroots groups and national organizations, worker centers and unions, policymakers and think tanks. With our staff of lawyers, policy experts and researchers, we provide the following: In-depth legal and policy analysis, developing innovative strategies to create good jobs, improve working conditions and bolster economic security;Rigorous empirical research, documenting key trends in the economy and spelling out effective solutions;Expert legal advice and technical assistance, helping advocates craft viable policies in light of legal restrictions;Strategic leadership in coalitions, bringing together diverse constituencies to pursue common goals;Communications, public education and messaging, shining a spotlight on the struggles of today's working families and helping to increase understanding of key economic problems and viable policy solutions; andCapacity building through dissemination of policy and research reports, hosting conferences, and student trainingNELP has offices around the country and programs that touch the lives of workers across the economic spectrum. We welcome your inquiries and participation.National Employment Law Projectts a union loving leftist organization.....not exactly unbiased in it's opinions
    `
    Thank you for posting things from my link. I'm not sure why you posted then because I already read the under the "about us" tab. However, you left out the part where the NELP has teamed up with the "Raise The Minimum Wage" organization. Their goals are honorable and laudable.

    You seem to be making a fuss over "leftist unions", neither group mentioned ANYTHING about unions. I'm darn curious as to where the leftist unions come into play or is this just another example of seeing things that aren't there?
    `

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    Re: How a powerful rightwing lobby is plotting to stop minimum wage hikes

    Quote Originally Posted by gdgyva View Post
    if you change the COST of labor, they will change their prices

    they have to.....there is no other place for it to come out of

    do you own or manage a business?

    i would assume not....i would assume you are in government, or education in some format

    most businesses that employ minimum wage workers are small companies

    little drug stores, car washes, food joints

    low margins high failure rate businesses......

    the owner is entitled to a return on his/her investment

    increasing his/her labor cost has to come from somewhere
    Your impressions of how things work does not equate to how things actually work. Again, I suggest you take an economics course.

    I do own and manage a business. Apparently you do not, or you would understand that while you may try to pass cost increases along, it isn't that simple. The market caps your price. You have to work within what the market will bear. You will be able to pass some, but rarely, if ever, can you pass all cost increases along...

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