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"Starbuck" wrote in message ... Chuck , You are absolutely incorrect. It is in the businesses best interest to make sure his cost as good or better than his competitors. It is in the businesses best interest that his employees spend lots of money expanding the economy. You like to look at the world as a us vs. them. There are many people who believe all negotiations can be a win win situation. It is pretty comical to see chuckie rant about corporations needs to keep people poor, when in truth it is the guvmint's need (at least the ass side of the aisle) to keep as many dependant on the guvmint as possible. There will always be "poor" people........20% of the population will always be making the bottom 20% of earnings.....no amount of raising the minimum wage will ever change that. Except for the percentage of the population that refuses to do anything to better themselves, no one stays in the bottom 20% for thir lifetime. wrote in message oups.com... P Fritz wrote: "*JimH*" wrote in message . .. wrote in message oups.com... . My daughter is making $10/hour at a part time job she has while attending OSU. My son made $9/hour painting houses as a summer job. Both jobs pay/paid well above minimum wage. Thank yoy for reinforcing my point. Take your son, as an example. He was working at a skilled trade, and paid at a rate that would gross him $18,000 a year if he worked 50 40-hour weeks. It's a fairly safe assumption that your son got very few, (possibly no) fringe benefits as part of the deal- so the employer's cost was probably under $10 an hour with FICA, your state UE tax, etc. What sort of lifestyle would 18,000 a year provide anybody? Let's figure that after very minimal deductions for income tax and Social Security, a full-time house painter in your community takes home $1350 a month from a $1500 gross. If you have a state income tax, the amount could be less. (in reality, I bet there is very little exterior house painting done in your climate for several months each winter, so the house painter would be laid off and earning $zero- or probably working at whatever menial task was available- for part of the year.) From the $1350, deduct a flophouse rent. What is that in your area? Let's say $450 to rent a dirty little apartment in a questionable neighborhood or to split rent with a buddy on a decent place. Down to $900 bucks. Employer doesn't provide transportation to the job site so the housepainter needs a car. Figure $100 a month (average) in repairs to a wretched old beater and 50 gallons of gas per month at $3, and you're down to $650. Car insurance would be another $50 a month, but the housepainter will drive around without because he's got nothing to lose in a lawsuit and he can't afford to take $50 out of his $650. The housepainter does need to keep the lights on in his crumby little apartment and keep his cell phone going so he can take calls from the boss telling him where to go and paint the following day, so let's figure he keeps most of the lights off most of the time and gets by for $100 a month in utilities. Down to $550. A housepainter is going to burn up a lot of calories in a day, so there will be some grocery expense each week. I think a single guy can get by on about $7-8 a day if he eats a lot of rice and beans and maybe some cheap ground beef. Down to $300 a month, so out of the remaning $75 a week the housepainter needs to be totally responsible for all his medical and dental bills, maybe put aside something so he can take a college class once in a while and become better educated, gawd forbid buy a ticket to a movie or a ballgame or some other frivolous pastime once in a while, keep shoes on his feet and clothes on his back, and, of course, save for retirement. I wish him good luck. Maybe after 40-50 years he can save up enough capital to start his own business. Oh, wait.......he'll be 70 years old.......never mind...... Why can an employer, billing you son's time at $50-60 an hour or more, get by with sharing only $10 (including taxes) of that $50 or $60 with your son? It is precisely because that $9 wage *is* well above minimum. Despite the fact that nobody can live any sort of realistic life on $1500 a month these days, the fact that some jobs pay even less makes it easy to fill a job like this with somebody trying to rise by their bootstraps from abject and brutal poverty to a level of bare economic subsistence. Betcha a buck your son's employer thinks minimum wage is far too high, as he feels the need to pay a couple of bucks an hour more in order to attract adequate help. Betcha another buck he feels the "market" should set wages, that minimum wage distorts the market, and that he thinks his labor "costs" would be less in a "free market" environment. Few people objecting to the minimum wage feel that it is artificially *lowering* the cost of labor. Pssst, Chuck............he is in high school. This is not a career but a summer job. If he comes back next year he will be making $10/hour. The 3rd summer brings $12/hour. Not bad for a non skilled summer job. ;-) And you made my point. If one chooses to skip an education in lieu of taking a $9/hour job painting houses, that is *their* choice. Now what is that saying about making your own bed? Chuckie is full of crap.........he has been blinded by the socialist liebral mindset. The whole notion that somehow raising the minimum wage will automatically raise the lifestyle of people is just horse ****. All it does is creat inflation, and make outsourcing overseas that more economical. My point was that business has a vested interest in maintaining a certain number of poor and desperate people who will work for mini-wage or less, not that mini-wage should be raised. That would be another discussion. No one is guaranteed anything in life......a "decent" apartment with no roomate nor a car, tickets to a ball game etc etc. Funny thing, I know many people that started their own businesses on a H.S. education, without saving for 40 years, it is called ambition and hard work........unlike the liebral slobs that want to sit around and have guvmint tale care of their every need. |
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wrote in message oups.com... My point was that business has a vested interest in maintaining a certain number of poor and desperate people who will work for mini-wage or less, not that mini-wage should be raised. That would be another discussion. There will always be people at the bottom of the income scale. You may not like it but it is a fact. Now, if those people at the bottom of the income scale work hard and are ambitious then they will work themsleves up the income scale. |
Bert Robbins wrote:
There will always be people at the bottom of the income scale. You may not like it but it is a fact. Yep. Jesus said so! But why do you think Chuck doesn't like it (the fact of poor people, not necessarily being poor himself, which I know for a fact he ain't). Now, if those people at the bottom of the income scale work hard and are ambitious then they will work themsleves up the income scale. Maybe. It's a chancy thing. It's much easier and more certain to move to the capitol (state or national) and suck up to those in power. That way you get juicy profit-guaranteed contracts & immunity from prosecution. DSK |
Doug,
If we raised everyone salary 25%, the net income gain in spending power would be 0%. The only way you get a net increase in spending power is with a corresponding increase in productivity. Without the increase in productivity, inflation will offset any increase in salary. "DSK" wrote in message ... Bert Robbins wrote: There will always be people at the bottom of the income scale. You may not like it but it is a fact. Yep. Jesus said so! But why do you think Chuck doesn't like it (the fact of poor people, not necessarily being poor himself, which I know for a fact he ain't). Now, if those people at the bottom of the income scale work hard and are ambitious then they will work themsleves up the income scale. Maybe. It's a chancy thing. It's much easier and more certain to move to the capitol (state or national) and suck up to those in power. That way you get juicy profit-guaranteed contracts & immunity from prosecution. DSK |
Don't challenge Doug, he is our resident expert in economics. And if you
don't believe me ask him and he will tell you so. "Starbuck" wrote in message ... Doug, If we raised everyone salary 25%, the net income gain in spending power would be 0%. The only way you get a net increase in spending power is with a corresponding increase in productivity. Without the increase in productivity, inflation will offset any increase in salary. "DSK" wrote in message ... Bert Robbins wrote: There will always be people at the bottom of the income scale. You may not like it but it is a fact. Yep. Jesus said so! But why do you think Chuck doesn't like it (the fact of poor people, not necessarily being poor himself, which I know for a fact he ain't). Now, if those people at the bottom of the income scale work hard and are ambitious then they will work themsleves up the income scale. Maybe. It's a chancy thing. It's much easier and more certain to move to the capitol (state or national) and suck up to those in power. That way you get juicy profit-guaranteed contracts & immunity from prosecution. DSK |
The problem with raising salaries without an increase in productivity is it
places a "inflation tax" on those who can least afford the tax, those on a fixed income. I am sure many in here can remember the stories during the 80's when we had 17% inflation and the elderly were eating dog food because that is all they could afford. "Bert Robbins" wrote in message ... Don't challenge Doug, he is our resident expert in economics. And if you don't believe me ask him and he will tell you so. "Starbuck" wrote in message ... Doug, If we raised everyone salary 25%, the net income gain in spending power would be 0%. The only way you get a net increase in spending power is with a corresponding increase in productivity. Without the increase in productivity, inflation will offset any increase in salary. "DSK" wrote in message ... Bert Robbins wrote: There will always be people at the bottom of the income scale. You may not like it but it is a fact. Yep. Jesus said so! But why do you think Chuck doesn't like it (the fact of poor people, not necessarily being poor himself, which I know for a fact he ain't). Now, if those people at the bottom of the income scale work hard and are ambitious then they will work themsleves up the income scale. Maybe. It's a chancy thing. It's much easier and more certain to move to the capitol (state or national) and suck up to those in power. That way you get juicy profit-guaranteed contracts & immunity from prosecution. DSK |
"Starbuck" wrote in message ... The problem with raising salaries without an increase in productivity is it places a "inflation tax" on those who can least afford the tax, those on a fixed income. I am sure many in here can remember the stories during the 80's when we had 17% inflation and the elderly were eating dog food because that is all they could afford. The unions won't care since they are the least likely group ever to pay union dues in the future, the the liebral socialist democrats would rather coddle the up and coming potential voters than those that will only be around for one or two more election cycles. "Bert Robbins" wrote in message ... Don't challenge Doug, he is our resident expert in economics. And if you don't believe me ask him and he will tell you so. "Starbuck" wrote in message ... Doug, If we raised everyone salary 25%, the net income gain in spending power would be 0%. The only way you get a net increase in spending power is with a corresponding increase in productivity. Without the increase in productivity, inflation will offset any increase in salary. "DSK" wrote in message ... Bert Robbins wrote: There will always be people at the bottom of the income scale. You may not like it but it is a fact. Yep. Jesus said so! But why do you think Chuck doesn't like it (the fact of poor people, not necessarily being poor himself, which I know for a fact he ain't). Now, if those people at the bottom of the income scale work hard and are ambitious then they will work themsleves up the income scale. Maybe. It's a chancy thing. It's much easier and more certain to move to the capitol (state or national) and suck up to those in power. That way you get juicy profit-guaranteed contracts & immunity from prosecution. DSK |
Harry,
I noticed you ignored the issue of "inflation tax" and the damage it does to those who can least afford a new tax. This is the most repressive tax of all. The working class do not pay the tax, they receive salary increases to offset inflation, those on fixed income pay the tax. "Harry Krause" wrote in message ... P Fritz wrote: "Starbuck" wrote in message ... The problem with raising salaries without an increase in productivity is it places a "inflation tax" on those who can least afford the tax, those on a fixed income. I am sure many in here can remember the stories during the 80's when we had 17% inflation and the elderly were eating dog food because that is all they could afford. The unions won't care since they are the least likely group ever to pay union dues in the future, the the liebral socialist democrats would rather coddle the up and coming potential voters than those that will only be around for one or two more election cycles. Wow...you really truly do have crap for brains, Fritz. No wonder your wife divorced you. "The unions won't care since they are the least likely group ever to pay union dues..." What, exactly, does that sentence mean, Fritz? Well, enough for now. It's time for breakfast. I'll contemplate your bizarre sentence for a moment or two. |
"Starbuck" wrote in message ... Harry, I noticed you ignored the issue of "inflation tax" and the damage it does to those who can least afford a new tax. This is the most repressive tax of all. The working class do not pay the tax, they receive salary increases to offset inflation, those on fixed income pay the tax. harry always ignores the issues in favor of throwing perosnal insults.........because he wouldn't know an issue if it bitch slapped him in the head..............beside the fact he can seem to follow a simple thread. "Harry Krause" wrote in message ... P Fritz wrote: "Starbuck" wrote in message ... The problem with raising salaries without an increase in productivity is it places a "inflation tax" on those who can least afford the tax, those on a fixed income. I am sure many in here can remember the stories during the 80's when we had 17% inflation and the elderly were eating dog food because that is all they could afford. The unions won't care since they are the least likely group ever to pay union dues in the future, the the liebral socialist democrats would rather coddle the up and coming potential voters than those that will only be around for one or two more election cycles. Wow...you really truly do have crap for brains, Fritz. No wonder your wife divorced you. "The unions won't care since they are the least likely group ever to pay union dues..." What, exactly, does that sentence mean, Fritz? Well, enough for now. It's time for breakfast. I'll contemplate your bizarre sentence for a moment or two. |
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