View Poll Results: Should the minimum wage be raised?

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  • Yes

    30 43.48%
  • no

    23 33.33%
  • It should be repealed

    15 21.74%
  • other

    1 1.45%
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Thread: Should the minimum wage be raised?[W:30]

  1. #81
    Educator hallam's Avatar
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    Re: Should the minimum wage be raised?

    Quote Originally Posted by Capster78 View Post
    Thats a good 30-50 years off. Until then, we need companies to be responsible employers and pay people instead of enslave them. Why punish those who are WILLING to be productive individuals? The same people get pissed about people living on public assistence, don't want to reward people who do become a part of productive society. It just puzzles me.
    I would guess that the first fast food service robots to be in place within the next couple of years, not 30 to 50. Applebee's already has a pilot to replace servers with Ipads this year. but i do agree that some jobs will be harder to mechanize than others. the pizza deliver person will have to wait until Amazon gets those drone things off the ground. It'll happen more quickly than what you believe.

    I am not talking about punishing anyone. I am just saying that if a person takes a job at minimum wage and can't either get a better paying job, educate themselves, or move up in a company, then I don't see a need to improve their wages for their current productivity. People have to put into themselves first.

  2. #82
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    Re: Should the minimum wage be raised?

    For what purpose? The minimum wage was never intended to be a living wage, it is supposed to be for high school and college students who have very few expenses and are just learning a work ethic. It is meant to be a starting off point where you learn work skills and then get promoted to a wage that you can live on after you move out of your parent's house.

    Anyone who is trying to live with a family on minimum wage is a moron.
    There is nothing demonstrably true that religion can provide the world that cannot be achieved more rationally through entirely secular means.

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  3. #83
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    Re: Should the minimum wage be raised?

    Quote Originally Posted by jamesrage View Post
    The idea those workers are unfordable is completely laughable
    If something costs more than its value-added, it is unaffordable for a business which wishes to remain in business.

    Look, you don't have to like reality, but it isn't optional. Reality is that regardless of your feelings about it, if you hike the minimum wage, you will reduce the demand for low-skill labor in America, resulting in throwing the people you are nominally trying to help out of a job and onto the street. You don't have to like that reality, but unless you wish to borrow a page from our friends on the left and argue that Hope Can Conquer All, you should acknowledge it.

    Walmart employs 1.4 million people in the US and makes at least 32.64 billion in gross profits. It can easily afford to pay its workers an extra 6- 8 bucks an hour more
    Incorrect - because WalMart has competitors, and its' business model is Low Prices. Jacking up prices relative to its' competitors is to destroy it's business model, which is to fire those employees when stores start going under, and definitely not to hire any new ones.

    Also you may want to check that profit claim. Gross Profit in the last reported year was $116,674,000. Once you pull out all their costs and detractors their net income comes to $16,999,000.

    Walmart uses those machines to pocket in more profit
    That is correct. And the only reason they are able to do so is because a bunch of idiots in Congress made it profitable to do so, by jacking up labor costs.

    good for him. He's running the largest company in America, possesses an extremely rarified skill set which he has honed, and is (apparently) doing a great job. His value added to the company is immensely larger than the checkout-clerk, hence, his compensation is larger. If a checkout clerk does a really really good job, what happens? Maybe a few repeat customers, at a return of (max) a few hundred bucks. If a CEO does a really, really good job what happens? Apparently $32.64 Billion in "Gross Profits".






    Hey, you know who else makes lots more? You do. Compared to kids in Zambia. Let me know when you want to equalize salaries betwixt the lot of you.

    Honestly, the envy angle is depressing to see among conservatives. Look at that rich guy, how mean he is to have so much! The only reason others have little is because he has lots! Mrs Thatcher rightfully derided that foolishness.

    Last edited by cpwill; 01-07-14 at 11:55 PM.

  4. #84
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    Re: Should the minimum wage be raised?

    In proportion to what a common worker earned in comparison to a CEO in 1954, today's average employee should be earning around 40 dollars an hour. I can live with half that is regards to minimum wage, and I say that as a Republican.

    Being Republican never meant being thieves. It's time to take our party back!

  5. #85
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    Re: Should the minimum wage be raised?

    Quote Originally Posted by SayMyName View Post
    In proportion to what a common worker earned in comparison to a CEO in 1954, today's average employee should be earning around 40 dollars an hour. I can live with half that is regards to minimum wage, and I say that as a Republican.

    Being Republican never meant being thieves. It's time to take our party back!


    I agree that the Republican party is lost and wandering.

    When I hear that thing about the top execs making so much more than the rank and file guys, I get curious as to the size of the companies over which the Big Man presides.

    In 1954, the S&P 500 looks to have topped out around 40. That same index is now above 1600. That is more than 40 time bigger in terms of dollars.

    The guy who sweeps a floor or tightens a bolt or whatever is doing about he did then. The guy at the top is arguably moving much more around than his predecessor of 1954.


    I am not of the mind that a man is either of science or of religion. At his best and his worst, man exists in the misty glimmering where the falling angel meets the rising ape. That he chooses a direction from that point defines him as human.

  6. #86
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    Re: Should the minimum wage be raised?

    Quote Originally Posted by code1211 View Post
    I agree that the Republican party is lost and wandering.

    When I hear that thing about the top execs making so much more than the rank and file guys, I get curious as to the size of the companies over which the Big Man presides.

    In 1954, the S&P 500 looks to have topped out around 40. That same index is now above 1600. That is more than 40 time bigger in terms of dollars.

    The guy who sweeps a floor or tightens a bolt or whatever is doing about he did then. The guy at the top is arguably moving much more around than his predecessor of 1954.


    Excellent graph. Thanks for sharing that.

  7. #87
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    Re: Should the minimum wage be raised?

    Quote Originally Posted by SayMyName View Post
    Excellent graph. Thanks for sharing that.


    I don't know that this justifies the wildly increased earnings of the Big Dogs in the companies. It does indicate the the span of control has grown immensely, though, and the potential for the wildly increased incomes, even at a reduced percent of the pie, might be there.

    I was trying to find out what the size of the average U.S. company was in 1954 vs. 2014.

    I had no luck in this search. It seems logical that the top guy at the local hamburger stand would have been paid about what the top guy at the local stand is paid today in constant dollars. However, the top guy at the local stand today is not the Big Dog.

    The guy who runs McDonalds in 2014 would make more than the guy who ran Earl's Diner over on Main Street in Smalltown USA in 1954.

    Anyone know that answer to the average company size difference year over year?
    I am not of the mind that a man is either of science or of religion. At his best and his worst, man exists in the misty glimmering where the falling angel meets the rising ape. That he chooses a direction from that point defines him as human.

  8. #88
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    Re: Should the minimum wage be raised?

    Quote Originally Posted by SayMyName View Post
    In proportion to what a common worker earned in comparison to a CEO in 1954, today's average employee should be earning around 40 dollars an hour. I can live with half that is regards to minimum wage, and I say that as a Republican.

    Being Republican never meant being thieves. It's time to take our party back!
    What does CEO pay have to do with the pay of the entry level worker? Your discussion ends up talking about the minimum wage which, when adjusted for inflation, was actually a bit higher in 2013 than in 1955.

    Federal Minimum Wage Rates, 1955

    Your complaint seems to be that stock index prices have beaten general inflation (since 1954) by about 4X - which has absolutely nothing to do with the minimum wage level.
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

  9. #89
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    Re: Should the minimum wage be raised?

    Quote Originally Posted by SayMyName View Post
    In proportion to what a common worker earned in comparison to a CEO in 1954, today's average employee should be earning around 40 dollars an hour
    We live in an economy in which intellectual labor leverages greater technology and economy of scale to have greater value-added than standard labor. There is no reason we should adopt the high-point in worker to ceo value added as a benchmark, or indeed, any benchmark at all.

    Again, the envy angle is cheap, tawdry, and a tool for those who prefer emotions to reason. Feel free to listen to Mrs Thatcher take down Jamesrage above.

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