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Minimum Wage to $10.10
Feb 12, 2014 22:18:24   #
Equinoxinator Loc: USA
 
http://news.yahoo.com/obama-sign-order-federal-minimum-wage-hike-wednesday-110247693--business.html

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Feb 12, 2014 22:30:09   #
Brian Devon
 
Equinoxinator wrote:
http://news.yahoo.com/obama-sign-order-federal-minimum-wage-hike-wednesday-110247693--business.html



Kudos to President Obama

:thumbup: :thumbup: :thumbup: :thumbup: :thumbup: :thumbup:

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Feb 12, 2014 22:34:25   #
Equinoxinator Loc: USA
 
As long as companies don't start firing people to make up the financial difference.

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Feb 12, 2014 23:21:53   #
Kevyn
 
The minimum wage is a winner for the Democrats, a vast majority of Americans including a majority of republicans agree with the president on this issue. The republicans will fight it tooth and nail to serve their masters at the chamber of commerce, and they will be left holding the bag with the voters.

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Feb 12, 2014 23:28:05   #
Brian Devon
 
[quote=Kevyn]The minimum wage is a winner for the Democrats, a vast majority of Americans including a majority of republicans agree with the president on this issue. The republicans will fight it tooth and nail to serve their masters at the chamber of commerce, and they will be left holding the bag with the voters.


You got that one right!

:lol: :lol: :lol:

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Feb 12, 2014 23:33:24   #
Viral
 
Equinoxinator wrote:
As long as companies don't start firing people to make up the financial difference.


It's for federal contractors. Meaning the government will pay. Not businesses.

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Feb 13, 2014 09:34:00   #
Coos Bay Tom Loc: coos bay oregon
 
Without workers there is no company
Equinoxinator wrote:
As long as companies don't start firing people to make up the financial difference.

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Feb 13, 2014 10:32:40   #
permafrost Loc: Minnesota
 
Viral wrote:
It's for federal contractors. Meaning the government will pay. Not businesses.


True, it is for federal contractors, who are required to pay union scale. So how much effect do you think this regulation will have? Union scale or min of $10.10. Which is higher?... could this have been a political statement, with no real effect?....

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Feb 13, 2014 12:43:37   #
TomF Loc: California
 
Can the government simply unilaterally change the terms of these contracts? Doubtful. If this were to raise their costs, would they simply eat it, or demand to renegotiate their contracts? More likely there are next to zero people who would get a raise from this, so it really was just political grandstanding - something to put over on the GOP, and The People.

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Feb 13, 2014 13:19:53   #
Loki Loc: Georgia
 
Equinoxinator wrote:
As long as companies don't start firing people to make up the financial difference.


You realize, of course, that raising the minimum wage of Federal workers to $10.10 per hour, when Federal workers already make more than that, is nothing but grandstanding? You idiots are acting like it is nationwide. I suppose none of you have noticed that every time the minimum wage goes up, within a few months, so do consumer prices? Enough to negate the wage increase. Meanwhile, the number of people who make a little more than minimum, who far outnumber minimum wagers, did not get a pay raise, and see their purchasing power degraded even further, so a minority of wage earners could get a temporary break. Penalize the many for the temporary benefit of the few. Sheer genius.

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Feb 13, 2014 13:28:52   #
Dave Loc: Upstate New York
 
It is easy to pay any amount you want when you can pay it out of funds you are able to take by force - for those who must raise funds on the open market, that is half folks willingly give funds for goods and services with governmental powers, such generosity isn't quite as easy.

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Feb 13, 2014 21:18:18   #
Coos Bay Tom Loc: coos bay oregon
 
I have worked on government contracts. Changes to a contract result in a change order to the original contract. therefore the increase to $10.10 an hour will be paid for and the contractor will not lose
TomF wrote:
Can the government simply unilaterally change the terms of these contracts? Doubtful. If this were to raise their costs, would they simply eat it, or demand to renegotiate their contracts? More likely there are next to zero people who would get a raise from this, so it really was just political grandstanding - something to put over on the GOP, and The People.

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Feb 13, 2014 21:28:07   #
rhomin57 Loc: Far Northern CA.
 
It must just tickle your fancy that Obama and the Dems who circle him have taken our Government down to the moraless level of just "Votes," and the low, deceptive, underhanded, lawless, ways of getting them.
Kevyn wrote:
The minimum wage is a winner for the Democrats, a vast majority of Americans including a majority of republicans agree with the president on this issue. The republicans will fight it tooth and nail to serve their masters at the chamber of commerce, and they will be left holding the bag with the voters.

Reply
Feb 13, 2014 21:49:46   #
Coos Bay Tom Loc: coos bay oregon
 
rhomin57 wrote:
It must just tickle your fancy that Obama and the Dems who circle him have taken our Government down to the moraless level of just "Votes," and the low, deceptive, underhanded, lawless, ways of getting them.

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