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Minimum wage
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Nov 23, 2019 12:54:29   #
Lonewolf
 
Godsncotrl wrote:
Funny how people complain how raising minimum wage will raise prices from my neck of the woods most businesses wont pay more that min wage no matter how many yrs you been with them or how good you are at your job but yet prices still rise and wages remain flat its so upsetting and unfair to hard working family raising parents


Agreed

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Nov 23, 2019 16:32:41   #
Lt. Rob Polans ret.
 
Lonewolf wrote:
The biggest reason to keep it low is greed people making 60 billion a year want to keep their boot on the neck of the working man who made them rich in the first place!


That sounds like the best of Che Gueverra.

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Nov 23, 2019 16:43:30   #
Lt. Rob Polans ret.
 
waltmoreno wrote:
The issue is simple: Does a government-mandated minimum wage help or hurt the very workers and job seekers it's intended to help? Well empirical data shows conclusively that raising the minimum wage to an artificial number drives companies of businesses. So the wage should be wh**ever the market shows the worth of that employee's contribution to the company is.
Remember AOC, the former coffee shop employee who was elected to Congress, who then v**ed FOR a minimum wage of $15 New York. Shortly after that she went to the closing of the coffee shop where she used to work, to commiserate with her former fellow employees. The owner said that he had to close due to the mandatory minimum wage.
So go ask her former boss, Charles Milite, who owned The Coffee Shop diner in Union Square where AOC used to work. The Coffee Shop closed its doors after 28 years, sidelining 150 employees. New York's minimum wage law would have added $46,000 a month to his labor costs in 2019. Milite said: "I know it doesn't sound like much -- $2 an hour. But when you multiply it by 40 hours, by 130 people, it becomes a big number. It was going to increase our monthly payroll $46,000."
The unintended consequences of 'good ideas' strikes again! It's infallible!
The issue is simple: Does a government-mandated mi... (show quote)


I'll tell you how for a short time (3 years) my father and I worked our factories. Don't get the image of a factory being a guy covered in soot, there was an office too. What we did was start out with wh**ever the minimum wage was then fairly soon give raises and more responsibilities. The other workers seemed to enjoy that, they also liked that we got in the factory with them. A little bit of my past.

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Dec 3, 2019 07:04:26   #
promilitary
 
Lonewolf wrote:
It's pretty much common sense I've run many businesses and I've always paid my workers more than the competition I did that to keep my help rather then Train new people over over as employees left looking for better jobs. Tell me something why do the heirs of Walmart make $1000000 an hour Henry fuse to give their workers 40 hours a week and benefits they keep their pay so low that their employees are eligible for public benefits like food stamps.
So considering the six of them make $1000000 an hour they would only have to use a fraction of their income so employees could make a decent living and it really wouldn't have to raise the price on anything to do it but greed prevents them I'm doing it.
How many burgers does a burger flipper flip in a 8 hr shift probluy at least 500 so 200 into a hundred so you see were talking Pennies on each Burger
It's pretty much common sense I've run many busine... (show quote)


I agree on the greed Walmart brats. Who the hell needs that much money? Just so they can say
they are the richest people on the planet. Sam Walton had the right idea; that Walmart sell good
made in America. But the Walmart kids got greedy, now everything is made in China. There are
ships continually coming from China that contain nothing but goods destined for Walmart stores.

Considering these greedy kids wealth, Walmart employees should be the highest paid people
in the world.

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Dec 3, 2019 08:25:45   #
Parky60 Loc: People's Republic of Illinois
 
promilitary wrote:
I agree on the greed Walmart brats. Who the hell needs that much money? Just so they can say
they are the richest people on the planet. Sam Walton had the right idea; that Walmart sell good
made in America. But the Walmart kids got greedy, now everything is made in China. There are
ships continually coming from China that contain nothing but goods destined for Walmart stores.

Considering these greedy kids wealth, Walmart employees should be the highest paid people
in the world.
I agree on the greed Walmart brats. Who the hell ... (show quote)

Walmart has over 1.5 million employees in the US alone. Assuming each works 30 hours per week, a "meager" $1 per hour raise for each of them would result in over a $2.2 BILLION increase in labor costs per year. And who would absorb those costs?

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Dec 3, 2019 09:21:25   #
promilitary
 
Parky60 wrote:
Walmart has over 1.5 million employees in the US alone. Assuming each works 30 hours per week, a "meager" $1 per hour raise for each of them would result in over a $2.2 BILLION increase in labor costs per year. And who would absorb those costs?


Well we would, but only because the Walton brats are too greedy to.

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Dec 3, 2019 11:18:49   #
Lonewolf
 
promilitary wrote:
I agree on the greed Walmart brats. Who the hell needs that much money? Just so they can say
they are the richest people on the planet. Sam Walton had the right idea; that Walmart sell good
made in America. But the Walmart kids got greedy, now everything is made in China. There are
ships continually coming from China that contain nothing but goods destined for Walmart stores.

Considering these greedy kids wealth, Walmart employees should be the highest paid people
in the world.
I agree on the greed Walmart brats. Who the hell ... (show quote)



Reply
 
 
Dec 4, 2019 01:17:38   #
Saspatz007 Loc: The goat sheds
 
Parky60 wrote:
Walmart has over 1.5 million employees in the US alone. Assuming each works 30 hours per week, a "meager" $1 per hour raise for each of them would result in over a $2.2 BILLION increase in labor costs per year. And who would absorb those costs?


Out of 120 billion. Not so much.

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