View Poll Results: Should min wage be removed?

Voters
89. You may not vote on this poll
  • Yes

    28 31.46%
  • No

    61 68.54%
Page 3 of 29 FirstFirst 1234513 ... LastLast
Results 21 to 30 of 289

Thread: Should min wage be removed?

  1. #21
    Professor
    The_Patriot's Avatar
    Join Date
    May 2010
    Last Seen
    02-06-12 @ 06:25 AM
    Gender
    Lean
    Very Conservative
    Posts
    1,488

    Re: Should min wage be removed?

    Quote Originally Posted by samsmart View Post
    Or that company can just cut the pay of those who earn the highest salaries in it's company. That wouldn't result in a loss of jobs at all.
    You're under the false asumption that a CEO and an entry level worker have the same basic job functions and responsibilities. This isn't the case since those at the top of the company are responsible for all of the employees under them and if they fail to do their job properly they affect everyone that is below them. An entry level worker doesn't have the same effect, since their decisions do not impact the company to the same degree as the top salaries and definitely do not impact anyone below them since there isn't anyone there.

  2. #22
    pirate lover
    liblady's Avatar
    Join Date
    Aug 2009
    Location
    St Thomas, VI
    Last Seen
    03-14-16 @ 03:55 PM
    Gender
    Lean
    Progressive
    Posts
    16,165
    Blog Entries
    1

    Re: Should min wage be removed?

    Quote Originally Posted by The_Patriot View Post
    You're under the false asumption that a CEO and an entry level worker have the same basic job functions and responsibilities. This isn't the case since those at the top of the company are responsible for all of the employees under them and if they fail to do their job properly they affect everyone that is below them. An entry level worker doesn't have the same effect, since their decisions do not impact the company to the same degree as the top salaries and definitely do not impact anyone below them since there isn't anyone there.
    those at the top in most cases are certainly NOT worth 6 hundred times more than those at the bottom. ceo salaries are grossly out of line, and that's a fairly recent occurrence.

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


  3. #23
    Professor
    The_Patriot's Avatar
    Join Date
    May 2010
    Last Seen
    02-06-12 @ 06:25 AM
    Gender
    Lean
    Very Conservative
    Posts
    1,488

    Re: Should min wage be removed?

    Quote Originally Posted by Camlon View Post
    I was talking about what makes the burger more expensive.
    1. Inflation
    2. Real wage increases. Burgers isn't any more efficiently made today, that they were 30 years ago. But the ones making burgers, from farmers to employees want their wage to be increased with the rest of society.

    It is true that poor people in the US hasn't got any richer the last 30 years and the minimum wage has decreased in real terms. However, it's not true for the whole population. However, I must comment that this inequality has very little to do with the minimum wage.
    Your chart is meaningless since it doesn't include a key to understand what the two columns mean. Minimum wage hasn't decreased in real terms. It has increased as evidenced by the fact that the amount has increased. The buying power of the wage has decreased due to inflation. What would have cost to purchase before minimum wage increased should have remained constant with the increase, but due to inflation eroding the value of the dollar has decreased what the same amount of money could buy.

  4. #24
    Professor
    The_Patriot's Avatar
    Join Date
    May 2010
    Last Seen
    02-06-12 @ 06:25 AM
    Gender
    Lean
    Very Conservative
    Posts
    1,488

    Re: Should min wage be removed?

    Quote Originally Posted by liblady View Post
    those at the top in most cases are certainly NOT worth 6 hundred times more than those at the bottom. ceo salaries are grossly out of line, and that's a fairly recent occurrence.
    Do you run a multibillion dollar company? If you don't then you have no idea what the top employees are worth.

  5. #25
    pirate lover
    liblady's Avatar
    Join Date
    Aug 2009
    Location
    St Thomas, VI
    Last Seen
    03-14-16 @ 03:55 PM
    Gender
    Lean
    Progressive
    Posts
    16,165
    Blog Entries
    1

    Re: Should min wage be removed?

    Quote Originally Posted by The_Patriot View Post
    Do you run a multibillion dollar company? If you don't then you have no idea what the top employees are worth.
    nope.....but i work for one that has been run into the ground by our ceo.

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


  6. #26
    Professor
    The_Patriot's Avatar
    Join Date
    May 2010
    Last Seen
    02-06-12 @ 06:25 AM
    Gender
    Lean
    Very Conservative
    Posts
    1,488

    Re: Should min wage be removed?

    Quote Originally Posted by liblady View Post
    nope.....but i work for one that has been run into the ground by our ceo.
    Then you have no idea what decisions your CEO has to make to keep the business running profitably. Does an entry level worker have the same responsibilities as a CEO?

  7. #27
    Global Moderator
    Truth will set you free
    digsbe's Avatar
    Join Date
    May 2009
    Location
    Metro Washington DC
    Last Seen
    Today @ 08:51 AM
    Gender
    Lean
    Other
    Posts
    18,984

    Re: Should min wage be removed?

    Quote Originally Posted by The_Patriot View Post
    I believe you're confusing a for profit business with a charity. If a company doesn't make a profit then it won't be able to employ people. One of the nasty side effects of the minimum wage is that when it increases jobs actually decrease in order to maintain a company's profitability. If you're for minimum wage you hate the poor and workers everywhere.
    And workers have to work for a living wage. I think people can barely make it working full time on minimum wage. Employees are people with lives and expenses. If a for profit company can't afford $7.45 an hour, then there is something wrong with them. Having a higher minimum wage puts more money in the pockets of employees, who also pay and circulate their wealth in our economy.
    When the debate is lost, slander becomes the tool of the loser. -Socrates
    Tired of elections being between the lesser of two evils.

  8. #28
    pirate lover
    liblady's Avatar
    Join Date
    Aug 2009
    Location
    St Thomas, VI
    Last Seen
    03-14-16 @ 03:55 PM
    Gender
    Lean
    Progressive
    Posts
    16,165
    Blog Entries
    1

    Re: Should min wage be removed?

    Quote Originally Posted by The_Patriot View Post
    Then you have no idea what decisions your CEO has to make to keep the business running profitably. Does an entry level worker have the same responsibilities as a CEO?
    no, nor do i believe an entry level worker should be paid the same as a ceo. i said the gap is too large, and it is, imo.

    and clearly, my ceo has no idea what it takes to keep a company running profitably, since he hasn't been up to the task.

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


  9. #29
    Banned
    Join Date
    Jul 2009
    Location
    Oslo, Norway
    Last Seen
    07-07-16 @ 08:11 PM
    Gender
    Lean
    Slightly Conservative
    Posts
    2,854

    Re: Should min wage be removed?

    Quote Originally Posted by The_Patriot View Post
    Your chart is meaningless since it doesn't include a key to understand what the two columns mean. Minimum wage hasn't decreased in real terms. It has increased as evidenced by the fact that the amount has increased. The buying power of the wage has decreased due to inflation. What would have cost to purchase before minimum wage increased should have remained constant with the increase, but due to inflation eroding the value of the dollar has decreased what the same amount of money could buy.
    When the buying power of their wage is decreases, then their wage is decreasing in real terms. Real wage is adjusted for inflation and can't get eroded by inflation.

    Here is inflation asjusted minimum wage. it has decreased.

  10. #30
    Professor
    The_Patriot's Avatar
    Join Date
    May 2010
    Last Seen
    02-06-12 @ 06:25 AM
    Gender
    Lean
    Very Conservative
    Posts
    1,488

    Re: Should min wage be removed?

    Quote Originally Posted by digsbe View Post
    And workers have to work for a living wage. I think people can barely make it working full time on minimum wage. Employees are people with lives and expenses. If a for profit company can't afford $7.45 an hour, then there is something wrong with them. Having a higher minimum wage puts more money in the pockets of employees, who also pay and circulate their wealth in our economy.
    As evidenced by the figures I posted concerning minimum wage increases can you say that minimum wage has actually helped them make a living wage? What is a living wage in your definition? I've already disproven your assertation that a higher minimum wage puts more money in the pockets of the employees. In fact, it has removed more money from their pocket when combined with inflation.

Page 3 of 29 FirstFirst 1234513 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •