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:Oh crap
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Uh.. so they tell me. I wouldn't know personally. :winkwink: |
it is I believe $8.00 here in Ontario Canada. They were saying something about bringing it up to $10.00 as well very soon.
Well I think that is great and dandy..but the problem is.. wages go up.. then so do prices on EVEYRTHING. This is why some things are cheaper in the US. Since wages are less. Here are Canada's wages to date. http://canadaonline.about.com/library/bl/blminwage.htm |
woot? Minimum wage her in norway is 15$ I think... But only 18 year old kids make that...
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I'm torn on this topic, but what I think sucks is (for example--yep, I have a friend that works at walmart)... He started out at 6/hour and gets 10 cent raises here and there, been there for four years almost and these new kids coming in are hired in way above him. I personally think companies should adjust and reward loyal employees before bringing in fresh/clueless meat and paying them way more than the ones that have been there all along.
9.50 seems fair for minimum wage. Someone made a point, if you keep MW too low, then we all pay for the welfare, food visa cards (new food stamps) etc. I personally think anyone on welfare for more than 3 months that claims they can't find a job because of this or that, boo-fucking-hoo...... the government should give them jobs picking up trash at parks or whatever, but make them work for their welfare check, period! Might make them think twice about picking up dog shit in Central park and getting a job slinging hotdogs....... at least it would be an honest living. |
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You said that overtime law was for anything over 8 hours a day until the republican congress changed it. That is patently false. If you're going to make shit like that up why should we believe anything else you say? |
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Time and a half over eight hours a day has to be something from that particular unions labor agreement. It is NOT from the Federal Gov.
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It may have been the Fair Play act passed in 2004 (but as I stated I am not going to research the matter so I am not certain about the specific act or when it was passed) that according to the Republicans was designed to provide overtime pay for more than forty hours per week of work that previously employers were not required to pay to certain employees...but in essence what it really did was give an out for employers not to have to pay overtime for working more than eight hours per day. Some employers took advantage of this...some did not...but overall it hurt the working man.
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Less fat fucks = good. The only people complaing about this are fat fucks and people that sell fat fucks because their production costs rise :1orglaugh |
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well i sure prefer it that way..... $10 minimum wage would push the crack heads out & put decent middle class children in the jobs :thumbsup |
they said it was bad news when there was a hike in the minimum wage in england, yet everything played out well and I think everyone benifited well.
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That'll suck for small businesses who have to increase wages for employees even if they can't afford to do so.
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How about explaining what's wrong with my logic instead of posting some lame pic? Someone's skills are for example worth $5/hr, can you explain why the employer should be forced to pay $9.50/hr for work that is worth $5/hr? |
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The fact is that federal overtime laws have NEVER, EVER, EVER, required employers to pay overtime for people who worked more than 8 hours per day. It has required employers to pay overtime for more than 40 hours in a week. As for your fact check, the 40 hour work week was a policy signed into law by FDR. The idea was that it would be better to have more people working 40 hour weeks than fewer people working 60+ hour weeks, which was the standard at that time. Under the rules that were changed in 2004, they exempted some professions and changed the rules on what the income limits would be for "salaried employees" who do not receive overtime. The rule was NEVER that over 8 hours a day was overtime, and therefore, that rule was not changed, because it never existed. |
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When unemployment rates get too low, that has an inflationary impact on the economy. Then the fed steps in, and raises rates and lowers the money supply to slow the economy down and drive unemployment back up. Hence, the laws of supply and demand don't really apply because the government always ensures that there is a surplus supply in the labor market. Because of this a minimum wage is necessary. IMO, if you're going to have a minimum wage, it should at least be at or slightly above the poverty level. :2 cents: |
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Who's to say someone's skill is only worth $5. Besides say there wasn't a minimum wage. Well in my area wal-mart, McDonald's etc would pay maybe $3.50 an hour. First of all that would reduce the income of the area meaning people have less money to spend at palces at wal-mart and McDonald's etc. And thus their sales would hurt but they are too stupid to see that because they only look short term. so their solution would be to either cut wages further ot cut hours further hurting sales. Because as I said they are stupid. Also this guarantees high turnover in employees. Once again NOT good for profit. when you're always having to train new people productivity is bound to go down. Higher productivity=higher profits. Simple economics. Also people would be eligible for MORE welfare MORE food stamps etc etc. Is that good? where does this money come from. ME the taxpayer. There is absolutely ZERO reason I should have to subsidize the wages of a person working full time because their employer doesn't want to pay decent wages. That person whose wages are gong to go from $5.15 to $7.25 will get LESS welfare( that=GOOD ) pay MORE in taxes ( meaning LESS is needed from me ) LESS earned income credit( which is an oxymoron anyways ). They'll get less in foodstamps. Now food stamps are free from sales taxes. Where I live sales tax on food is 8.25% so every $1 spent on food using food stamps means 8.25 less cents that is needed for the state and local coffers. Considering where I live 40% of the people are get food stamps, my local area is shorted of thousands of dollars each year in revenue. Doesn't sound like much, but in a rural area it is. So either services get cut or taxes are raised on us that aren't on government assistance. All because a company like wal-mart that makes nearly a half a TRILLION in in sales doesn't want to pay decent wages. Now lets' face it, many of wal-mart and McDonald's customers are their own employees. So those employees getting paid higher wages will inevitably spend that extra money at wal-mart and McDonald's thus offsetting the higher pay these places have to pay out. There's no doubt that the worker whose take home pay is $3400 a year more is going to spend that money at palces like wal-mart. How that is somehow BAD for wal-mart is beyond me. |
GatorB For Presidentttttttttttttttttttttt
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Yeah 5.85 is federal but only like 10 states have it at that rate |
Here's Canadian minimum wage by province ;-)
Alberta $8.00 BC $8.00 Manitoba $8.00 New Brunswick $7.25 Newfoundland $7.50 NWT $8.25 Nova Scotia $7.60 Nunavut $8.50 Ontario $8.00 PEI $7.50 Quebec $8.00 Saskatchewan $8.25 Yukon $8.37 |
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Actually 18 states have minimum wages either at or lower than the federal level or no minimum wage law at all, not 10. My state is one of them. approxomitely 29% of the population of the US lives in those 18 states. Of the other 32 most have raised thier recently beause the federal government refused too. Florida is one of them that have yearly increases. This benefits business by not socking them every 10 years with a huge 40% increase in wages they have to pay out. For example in January the minimum wage went from $6.67 to $6.79. MUCH easier on businesses. |
hahahahahahahah pathfinder is such an idiot
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I'm sure that's Candaian $$$ so it's harder to compare |
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Would YOU work at McDonald's for $5 an hour? No and neither would 99% of the people out there. I think a job in which 99% of he people would refuse to work is worth more than $5 an hour. By contrast a benchwamer on a MLB team that never plays makes over $300,000 a year. Now if I ask if people would do that job for $300k 99% would say yes. And It doesn't really take a whole lot of skill to sit your ass on the bench now does it? |
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As consumers, we're constantly demanding lower prices. As investors, which many of us are, we're constantly demanding higher returns. The wage component of price is therefore reduced the most, to satisfy our demands. Employers are able to get away with paying inadequate wages because of the welfare system, they simply offload the responsibility of maintaining their labourers to the state. Remove, or restrict the entitlement system, and employers will be compelled to provide wages sufficient to guarantee the subsistence of the labourer. |
Raising minimum raise will fix nothing. If you make $6/hr at mcdonalds and the law changes to $9.50 it now costs mcdonalds more money to make that delicious hamburger. Who do you think is going to absorb that cost? McDonalds? LO fucking L. McDonalds will simply raise the price of the hamburger so its a wash in the end. Your $1 burger will now cost $1.50.
What I'm saying is that if minimum wage is raised, the cost of goods and services will absorbed by consumers not businesses. A great deal of big business run very low profit margins (10%-15%) To test this check the stock information. You can find the operating profit for any publicly traded company. General Electric - net operating profit 13% Toyota Motor Co - ~6% Best Buy - A Whopping 3% Fact is they cant afford a wage hike like this. They have to make it up somewhere and thats the price of the goods. As for the "what constitutes full time" debate, 40+ hours a week if full time. Regardless of hours worked, no employer MUST provided benefits such as health care once you reach 20, 40, 60, 8000 hours a week so who cares if your full time or part time if there is no law to force benefits. There is no guarantee. |
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Fact is every other time minimum wage was raised the haters all said inflation would increae when in fact it did just the opposite. You can't find me ONE example of where minimum wage increased and inflation went up and the minimum wage was the cause of it. NOT ONE. Quote:
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QUOTE= And prices are too high customers won't buy. So no McDonald's won't raise prices. As I said the local wal-mart eat at Mcdonald's right? With more money isn't it logical to assume they will either go more often or perhaps buy a more expensive combo? Don't those increases in sales offset the higher wages? Of course they do. You fail to see the BIG picture. McDonald's raises price anyways even without a minimum wage increase so that's BS. They use that as an easy excuse. Not to mention when they passed the increase they gave businesses a tax cut so please.
I guess McDonalds will sell burgers for a net loss of .10 each. No its not logical for them to buy more because the cost will go up. I make $5/hr a burger costs $1 I make $10/hr burger costs $2 Both increase 20%. Again, a wash. |
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If business person is so inept that he can't proivde for a decent wage perhaps he souldn't be in business? Perhaps he should be working for somone. On ecould make the case that a low minium wage keeps people in business that really shouldn't be in business. If I run a business but the only way I can make profit is paying workers 43 an hours should I be allowed to do that because my skill as abusines person sucks? And if the employee sucks he should be entitled to more than .43 and hour? If all you can do is flip a burger why should you make good money? Its no ones fault but your own. |
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Of course you are right, you shouldn't have to subsidize anyone, but why are you blaming it on businesses? How is it business' fault that there are people out there willing to perform the given job for $5/hr? Businesses are in no way obligated to pay a "decent wage", their only obligation is to their shareholders. |
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on the radio a economist said if walmart decided tomorrow to give every employee a dollar a hour raise tomorrow.it would raise the cost of goods 1 cent.So there goes 9 bucks a hour and prices go thru the roof theory. Also I agree with Gator and I think people dont realize you are paying for these people making 5 bucks a hour. I watched that documentary on walmart,they gave their employees a list of government programs they could take advantage of because they were paid so little.We pay for low wages.
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You are stupid. You're numbers aren't even real. Show me how an $5 increase in wages =$1 increase in prices? ther are othr factors. I've gotten into them you are too obtuse to even look logically at them. |
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Yep half of wal-mart's worker are on medicaid. Now who pays for that? WE do. Appearantly some are perfectly happy with that so as long wal-mart can continue to make BILLIONS in profits. It's WAL-MART's employees since when am I obligated to support thier health care? |
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