I work 4 jobs and I'm still struggling

[hoyle21]

And you think that raising the minimum wage will fix this issu? it will only make it worse

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That's not a factual statement.

 

[hoyle21]

While it is true that prices would rise if minimum wage was raised they would rise very little compared to the wage increase. If McDonalds doubled their wages a Big Mac meal would only increase 30 cents.

I don't see how anyone doesn't believe that's a fair trade off.

 

[Swfl]

I don't know where you think it's only going to raise end user costs by 30 cents that's ridiculous. As an employer if I see my lowest paid workers wages double that's a 100 percent increase. Ie more than double taken from the bottom line. Then I will have to increase my charge rate. Also now I have to raise everyone else's wages because it is unfair to them they worked for the higher wages and now they're making the same price as the entry-level employee, it simply isn't feasible

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[troubador]

If McDonalds doubled their wages a Big Mac meal would only increase 30 cents.

That's not a factual statement. You have no idea what McDonald's would decide to do.

 

[hoyle21]

That's not a factual statement. You have no idea what McDonald's would decide to do.

According to several studies that 30 cent increase would offset the hike in minimum wage, but you are correct. They "could" do anything they want.

 

[hoyle21]

I don't know where you think it's only going to raise end user costs by 30 cents that's ridiculous. As an employer if I see my lowest paid workers wages double that's a 100 percent increase. Ie more than double taken from the bottom line. Then I will have to increase my charge rate. Also now I have to raise everyone else's wages because it is unfair to them they worked for the higher wages and now they're making the same price as the entry-level employee, it simply isn't feasible

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Sounds like you're very unfamiliar with McDonalds business model and more than likely a shitty manager.

 

[hoyle21]

Another cost that is completely related to low wages that is often ignored is the cost of voluntary attrition.

 

[Swfl]

Sounds like you're very unfamiliar with McDonalds business model and more than likely a shitty manager.

Typical liberal argument, when someone calls us you have to insult them you have no idea how many businesses I ran with multiple employees in the real issue here is not what is going to do to a huge business its what's it going to do to the 90 percent of the small businesses in operation today therefore more small businesses that will be shut down or put out of competition because of this than a few McDonalds

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[hoyle21]

That's completely not true.

While labor is an employers largest controllable expense it accounts for a pretty small percentage of total expenses.

Furthermore businesses fail all the time. Technology and competition make businesses obsolete constantly. If your conservative viewpoint is correct businesses that are effected by higher wages (very few) will be replaced by more efficient models.

This stagnet wage issue is just government subsidized business. If those businesses didn't have the help of the government subsidies they wouldn't be in business because nobody would work there.

Either way the expense is passed to the citizens.

 

[KILLEROFSAINTS]

Typical liberal argument, when someone calls us you have to insult them you have no idea how many businesses I ran with multiple employees in the real issue here is not what is going to do to a huge business its what's it going to do to the 90 percent of the small businesses in operation today therefore more small businesses that will be shut down or put out of competition because of this than a few McDonalds

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cant compare whatever small buisness you had to mcds

 

[hoyle21]

Lots of McDonalds are small businesses. It's a franchise.

 

[Jamzy]

I am a Veterans Educational Counselor and help a lot of our servicemen to choose a career path and enter into school. I have many success stories but my most recent was seaman that came to me wanting to get into college. That was 4 years ago. He just graduated from school as a Petroleum Engineer at a starting wage of $160,000 a year. He was told he would get rapid raises, His family is very happy. If you look at our governments Occupational Handbook, you will see the present top occupational demand and how they pay. I assure you that Liberal Arts Degrees are not even on the same page as the Top 10 Paying Jobs. That guy was a dumbass.

 

[KILLEROFSAINTS]

Lots of McDonalds are small businesses. It's a franchise.

Still

 

[Swfl]

That's completely not true.

While labor is an employers largest controllable expense it accounts for a pretty small percentage of total expenses.

Furthermore businesses fail all the time. Technology and competition make businesses obsolete constantly. If your conservative viewpoint is correct businesses that are effected by higher wages (very few) will be replaced by more efficient models.

This stagnet wage issue is just government subsidized business. If those businesses didn't have the help of the government subsidies they wouldn't be in business because nobody would work there.

Either way the expense is passed to the citizens.

Employee wages and withholding taxes are between 25 to 35 percent of an average small business budget how was that small? I have no problem with a business failing because it offers poor service or a lesser quality product but if a business is going to be muscled oubt because of government imposed price increases ie wage increases that I'm not for that

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[heckler7]

why are people against a minimum pay increase? My daughter is working 2 part time jobs and in college I think if she made a little more money I wouldnt have to support het as much and she could work on job and focus more on school and sleep

 

[Zaphod]

why are people against a minimum pay increase? My daughter is working 2 part time jobs and in college I think if she made a little more money I wouldnt have to support het as much and she could work on job and focus more on school and sleep

Greed.

 

[Swfl]

why are people against a minimum pay increase? My daughter is working 2 part time jobs and in college I think if she made a little more money I wouldnt have to support het as much and she could work on job and focus more on school and sleep

Because of all of the other problems that will cause. Why don't you encourage her to find a way to generate income perhaps on the Internet there are other ways to make money besides going getting a job she could clean houses in the evening and easily make $25 an hour the list could go on and on

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[Swiper]

why are people against a minimum pay increase?

Minimum Wage, Maximum Stupidity

by Peter Schiff

In a free market, demand is always a function of price: the higher the price, the lower the demand. What may surprise most politicians is that these rules apply equally to both prices and wages. When employers evaluate their labor and capital needs, cost is a primary factor. When the cost of hiring low-skilled workers moves higher, jobs are lost. Despite this, minimum wage hikes, like the one set to take effect later this month, are always seen as an act of governmental benevolence. Nothing could be further from the truth.

When confronted with a clogged drain, most of us will call several plumbers and hire the one who quotes us the lowest price. If all the quotes are too high, most of us will grab some Drano and a wrench, and have at it. Labor markets work the same way. Before bringing on another worker, an employer must be convinced that the added productivity will exceed the added cost (this includes not just wages, but all payroll taxes and other benefits.) So if an unskilled worker is capable of delivering only $6 per hour of increased productivity, such an individual is legally unemployable with a minimum wage of $7.25 per hour.

Low-skilled workers must compete for employers' dollars with both skilled workers and capital. For example, if a skilled worker can do a job for $14 per hour that two unskilled workers can do for $6.50 per hour each, then it makes economic sense for the employer to go with the unskilled labor. Increase the minimum wage to $7.25 per hour and the unskilled workers are priced out of their jobs. This dynamic is precisely why labor unions are such big supporters of minimum wage laws. Even though none of their members earns the minimum wage, the law helps protect their members from having to compete with lower-skilled workers.

Employers also have the choice of whether to employ people or machines. For example, an employer can hire a receptionist or invest in an automated answering system. The next time you are screaming obscenities into the phone as you try to have a conversation with a computer, you know what to blame for your frustration.


There are numerous other examples of employers substituting capital for labor simply because the minimum wage has made low-skilled workers uncompetitive. For example, handcarts have replaced skycaps at airports. The main reason fast-food restaurants use paper plates and plastic utensils is to avoid having to hire dishwashers.

As a result, many low-skilled jobs that used to be the first rung on the employment ladder have been priced out of the market. Can you remember the last time an usher showed you to your seat in a dark movie theater? When was the last time someone other than the cashier not only bagged your groceries, but also loaded them into your car? By the way, it won't be long before the cashiers themselves are priced out of the market, replaced by automated scanners, leaving you to bag your purchases with no help whatsoever.

The disappearance of these jobs has broader economic and societal consequences. First jobs are a means to improve skills so that low-skilled workers can offer greater productivity to current or future employers. As their skills grow, so does their ability to earn higher wages. However, remove the bottom rung from the employment ladder and many never have a chance to climb it.

So the next time you are pumping your own gas in the rain, do not just think about the teenager who could have been pumping it for you, think about the auto mechanic he could have become ? had the minimum wage not denied him a job. Many auto mechanics used to learn their trade while working as pump jockeys. Between fill-ups, checking tire pressure, and washing windows, they would spend a lot of time helping ? and learning from ? the mechanics.


Because the minimum wage prevents so many young people (including a disproportionate number of minorities) from getting entry-level jobs, they never develop the skills necessary to command higher paying jobs. As a result, many turn to crime, while others subsist on government aid. Supporters of the minimum wage argue that it is impossible to support a family on the minimum wage. While that is true, it is completely irrelevant, as minimum wage jobs are not designed to support families. In fact, many people earning the minimum wage are themselves supported by their parents.

The way it is supposed to work is that people do not choose to start families until they can earn enough to support them. Lower-wage jobs enable workers to eventually acquire the skills necessary to earn wages high enough to support a family. Does anyone really think a kid with a paper route should earn a wage high enough to support a family?

The only way to increase wages is to increase worker productivity. If wages could be raised simply by government mandate, we could set the minimum wage at $100 per hour and solve all problems. It should be clear that, at that level, most of the population would lose their jobs, and the remaining labor would be so expensive that prices for goods and services would skyrocket. That's the exact burden the minimum wage places on our poor and low-skilled workers, and ultimately every American consumer.

Since our leaders cannot even grasp this simple economic concept, how can we expect them to deal with the more complicated problems that currently confront us?

http://archive.lewrockwell.com/schiff/schiff34.1.html

 

[Zaphod]

Because of all of the other problems that will cause. Why don't you encourage her to find a way to generate income perhaps on the Internet there are other ways to make money besides going getting a job she could clean houses in the evening and easily make $25 an hour the list could go on and on

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What problems would it cause?

 

[Swfl]

Read above. From swiper this pretty well covers it.

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[bruno229]

All I know is that cost of living is rising every day but our wages are staying the same. I bust my butt and make combine 160k b4 taxes with 4 kids. And still barely making it. I don't own boats or nice automobiles either. My only luxury is kids are in Christian schools.

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[SheriV]

yeah I have a huge problem with cost of living..I'd love to now how it is I buy half as much food, drive half as much, use literally a third less electricity in my house but everything has doubled over the last four yrs.

I cut out every extra expense out of family budget to keep a level playing field with everything else (mortgage, kids clothes etc)
and somehow how I have no real free-d up money floating around or major savings, and I did 8 years ago.

 

[Zaphod]

Read above. From swiper this pretty well covers it.

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There is barely any truth to that.

 

[Swfl]

The long and the short of it is if you've only ever had a job and never work for anyone else then you've never truly taking full responsibility for yourself and you can't understand until you do . When you have to make payroll and pay the taxes and everything else associated with keeping a business operational then even the slightest increase in your expenses can have quite the effect on the bottom line or the customers price that extra money has to come from somewhere either comes from the company taking less profits or the owners not being able to pay themselves as well or the end-user pays more the only two options there are there's no other magical fund that it comes from.

No I'm not saying that businesses are making money but what I am saying is I don't think it's best that businesses or any business makes money that's the purpose of a business.

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[Swfl]

the economy is really screwed and unfortunately the lowest paid workers are going to feel it first and that's what's happening right now the economy collapses. So these people are going to have to learn to become more innovative to take care of themselves they can't rely on someone else giving them work and giving them money yes they are in it but they have to be willing to go out and do their own thing and take their own risks.

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[Zaphod]

the economy is really screwed and unfortunately the lowest paid workers are going to feel it first and that's what's happening right now the economy collapses. So these people are going to have to learn to become more innovative to take care of themselves they can't rely on someone else giving them work and giving them money yes they are in it but they have to be willing to go out and do their own thing and take their own risks.

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I agree with most of this.

 

[Big Puppy]

There is barely any truth to that.

Barely any truth to that?

So what's ginna happen when you pull up to get your #1 with no onions at mcdonalds and they say $13.95?

Pretty irrevelevant lol

 

[Zaphod]

Barely any truth to that?

So what's ginna happen when you pull up to get your #1 with no onions at mcdonalds and they say $13.95?

Pretty irrevelevant lol

How can you confidently say it will cost that much with an increase in the minimum wage? It doesn't take an hour to make a burger. If it did then the cost could indeed go up that much. But with how much they sell? The price increase will be minimal. If it were to go up more than 50 cents it's only because someone wants to make a statement.

 

[Zaphod]

Besides, I don't eat there. I just pop in for a Coke every couple weeks. Maybe it will affect you, won't affect me.

 

[Swfl]

Its the supply line the mcdonalds worker wont be the only person who gets the pay increase. .. the guy who packages the buns in boxes at the warehouse. The truck drivers and everyone else like the farm worker who picks the vegetables. If there all makung $15/hr you cant logically deny that prices wont see a significant increase... most folks font think about everything that goes into making that $4 burger. The burger is only one example.

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