even though prices will go up, it wont go up so much that your new price/hr becomes obsolete. they wont rise that much.
also, with a higher minimum wage, and prices going up, the economy as a whole will go up.
even though prices will go up, it wont go up so much that your new price/hr becomes obsolete. they wont rise that much.
also, with a higher minimum wage, and prices going up, the economy as a whole will go up.
tell that to the single mother rasing two children making 5.50/hr.Originally Posted by Ruiner
YOU WILL DEFINATELY NOTICE IT....I HATE KNOWING THAT 30% OF MY FUCKING MONEY I DONT EVER SEE AND BUST MY ASS AND IF I GET OVERTIME AND WORK HARDER, I LOSE MORE MONEY...
DUE TO FUCKING TAX BRACKETS, I WOULD ALMOST RATHER TAKE SHIT EASY MAKING 30K A YEAR THAN BUST MY ASS FOR 20K MORE KNOWING I WILL GET REAMED BY UNCLE SAM
FUCK B&D COMMUNICATIONS!
yeah, i won't lie, this fucks over the people making salary wages per year. but if they are already making that much, then even though it is a blow to them, they will still beable to suffice. where as the low class of society finally gets a break. and while this may seem pointless to most people, it is pushing the economical classes together, while through the past years they have grown more and more apart. pushing them back together is a big step.
why cause he reposted what i said? lol
Val for President
maybe her child should be in school learning the english language
Val for President
can't argue with you there.maybe her child should be in school learning the english language
yeah, because no one has unprotected premarital sex. good call.
They shoulda done this 5 years ago. Who can survive on $5 and change an hour?
Vossen CV3 20x9 & 20x10.5
teenagers who live at home, but thats about it
Val for President
yeah, thats why i said unprotected, because not everyone uses a condom every time.
maybe they should? if they cant afford a kid/abortion
cause i sure as fuck dont want my tax money goin towards her kids
Val for President
My tax dollars > her pain of taking it in the ass
Val for President
well yeah, i agree with you. i'm just saying accidents happen. condoms break, morning after doesnt always work, precum will get girls pregnate. things happen, and the raise in pay will really help people like that, and help bridge the seperating classes in society.
LOL dont justify that like that....newflash...mickey dees pays over $7 an hour...the only people this helps is VERY few
FUCK B&D COMMUNICATIONS!
yeah, but there are a lot of other companies that pay well under 7. and like i said earlier, when this does happen, and the prices will inevitably rise. and the fact that people are making more money, and products in the US costing more, it will lead to an overall better economy.
the raise is not going to help bridge anything
the raise will force companys to raise their prices on their goods they sell, so in turn the cost of living will increase and everyone will be making more. its been said many times in this thread already.
its gonna make the US dollar weaker
Val for President
x2
or we're all fuct! this is a VERY BAD IDEA!
The average wage for tuna workers in American Samoa is $3.60 an hour. One of the biggest employers there is Starkist Tuna...which is headquartered in San Francisco...Nancy Pelosi land. Anybody care to take a closer look at the campaign contributions of Democrats in the last election? One thing is for sure, the delegate from American Samoa, a Democrat, is loaded down with campaign cash from the tuna industry.
So there you have it...a double standard. On the one hand, we're told you can't raise a family on $5.15 an hour and the minimum wage must be raised to $7.25 an hour. But for the right price in campaign contributions, the tuna industry in American Samoa can avoid the minimum wage altogether...they just have to stuff the pockets of the right Democrats. Where is the media on this one?
Will the press be taking a closer look at Nancy Pelosi's campaign finance disclosures? Probably not. But somebody will.
From what I've read, only about 2-3% of American workers actually make minimum wage and out of those, about 2/3 of them are part time workers and the vast majority of them are also in their teens or early 20's. Meaning that in reality, not many people are relying on minimum wage to support a family.
I don't know how many people make between $5.15 and $7.25 though.
2005 Mazdaspeed MX-5 -1.8L Turbo
^the # of people working for minimum wage is not the issue.^ if it was there would be no reason to raise it in the 1st place b/c so few actually make it. the real issue is "WHAT" they make working for that minimum wage. this big of a raise will cause the cost of most of the everyday stuff we make to grow in cost or(if it can) get outsourced to a place like China or India where people will work for pennies on the dollar to produce the same item.
Not really. If most of the people who actually produce things aren't making minimum wage to begin with.
If most people making minimum wage are teenagers working part-time, then they are certainly not the ones producing the goods we buy. If it can be made more cheaply in China, India, Mexico, etc., chances are it already is. I'll do more research and see what sectors the lowest paid workers actually work in.
I believe the main idea behind an increase in minimum wage is to bump up the base of pay for all hourly workers, not just to pay more to the absolute lowest paid workers.
I remember the last hike in minimum wage, and it really wasn't a big deal at all. I'm not saying this one won't make any differnce but it's not the end of the world where everything is going to become too expensive for your average person.
Besides, minimum wage is actually set by the states. It has to be at or higher than the federal rate but it can be and is much higher in many states. Over half the states in the US already require that workers are paid over $5.15 per hour and about 12 or 13 of those are at or well over $7. This change doesn't even have to effect them. States that already pay over $7 an hour include some of the largest ones... California, NY, NJ, etc.
Last edited by JennB; 01-12-2007 at 10:28 AM.
2005 Mazdaspeed MX-5 -1.8L Turbo
ok honestly now ... does this matter to any of us ??? cause i dont believe anyone on this site makes less unless they are 16 and work at a mcdonalds..what i believe is everyones pay should go up each year ... doesnt the price of living , gas etc... there are just raising minimum wage to make all the mexicans who were actually legal and stayed here happygot raised to 7.25/hr
Folks, this is one of the worst ideas our gov't has come up with in a long time.
Some of you have no concept of how a REAL business is ran in the REAL business world, hence you're probably loving this "idea" because you were making $5.25 and now will be making $7.25....
Profits are the difference between cost of goods and goods sold. It costs me X to buy a widget and I sell it for Y. The difference between X and Y is where my profit comes from. That gap is comprised of lots of things if you have more than a 1 man show business. Wages is one of them that eats into that profit margin. Wages are already a part of the equation in PRICING of your product(s). The gov't just FORCED millions of small businesses whose profit margins were already close enough W/O their brilliant ideas to make a decision: Either A: hire LESS people to do the same amount of work or B: raise prices of consumer goods to make up the new higher cost inherited or C: make less money. Which do you think is more likely to happen? Certainly NOT C.....right? Both A and B are DETRIMENTS to both the consumer and the employer. So how's that new minimum wage "increase" look now?
So let's review:
Widget costs $2.00 now because I pay Timmy $5.25/hr to put them up on the shelf 20 hours/wk. I can feed my family in that equation.
Now......
Widget costs $4.00 because I have to pay Timmy $7.25/hr to put up the SAME widget on the SAME shelf for 20 hrs/wk. Why? So I can STILL feed my family.
Get it? Probably not......because you're name is TIMMY.......
Use your heads people. Not many people work for $5.25 now. So how many people is this REALLY helping??? Not a single one. Why? Think about the places where minimum wages are even paid out. Because when they get $2.00/hr more, they'll have to turn around and SPEND more for the same things they bought before. How's that an advantage?
Don't buy this placebo. It's designed and orchestrated to LOOK like it's a step forward, when in reality it is a step backward. It is a POLITICAL move. Nothing less.
"You must spread more reps to Jamie b4 you can rep him again" DAMNIT!
very very good pointFolks, this is one of the worst ideas our gov't has come up with in a long time.
Some of you have no concept of how a REAL business is ran in the REAL business world, hence you're probably loving this "idea" because you were making $5.25 and now will be making $7.25....
Profits are the difference between cost of goods and goods sold. It costs me X to buy a widget and I sell it for Y. The difference between X and Y is where my profit comes from. That gap is comprised of lots of things if you have more than a 1 man show business. Wages is one of them that eats into that profit margin. Wages are already a part of the equation in PRICING of your product(s). The gov't just FORCED millions of small businesses whose profit margins were already close enough W/O their brilliant ideas to make a decision: Either A: hire LESS people to do the same amount of work or B: raise prices of consumer goods to make up the new higher cost inherited or C: make less money. Which do you think is more likely to happen? Certainly NOT C.....right? Both A and B are DETRIMENTS to both the consumer and the employer. So how's that new minimum wage "increase" look now?
So let's review:
Widget costs $2.00 now because I pay Timmy $5.25/hr to put them up on the shelf 20 hours/wk. I can feed my family in that equation.
Now......
Widget costs $4.00 because I have to pay Timmy $7.25/hr to put up the SAME widget on the SAME shelf for 20 hrs/wk. Why? So I can STILL feed my family.
Get it? Probably not......because you're name is TIMMY.......
Use your heads people. Not many people work for $5.25 now. So how many people is this REALLY helping??? Not a single one. Why? Think about the places where minimum wages are even paid out. Because when they get $2.00/hr more, they'll have to turn around and SPEND more for the same things they bought before. How's that an advantage?
Don't buy this placebo. It's designed and orchestrated to LOOK like it's a step forward, when in reality it is a step backward. It is a POLITICAL move. Nothing less.
Actually, I'm a corporate accountant. I deal with business finances every day and have since I got out of college. Also, it has been proposed that there be a clause in this new legislation to protect small businesses and lessen the effect on them.
I'm not at all saying it's a great idea, I think minimum wage should be raised from time to time, just by smaller amounts. But it's the natural evolution of an economy, it's been raised many times since it's inception and it's yet to be the downfall of our economy. My point in showing how many people actually work for minimum wage is to show that this isn't some big step in helping people out of poverty, it's just legislation to try to look good. I don't know why they waited 10 years to change it... 25-35 or so cents every other year would make it mush easier on businesses.
It was estimated that maybe over 100,000 jobs were lost with the last increase ten years ago but it's hard to really say. As I said though, if you add up the populations of the states that already require over $7 an hour, a HUGE part of the population of this country is covered by that already.
This country is already moving in the direction of phasing out almost all low paying jobs, this is just more of a step in that direction. I mean look at the tags on your clothes and the goods around you... barely any of them are produced here. Look at how many things are becoming automated or simplified to the point that the low level worker is not needed in any part of it. The lowest paid jobs that are still very common are things like stock people or cashiers... and in some places, cashiers are being replaced by machines. But I actually worked as a cashier in high school... and I made more than minimum wage.
Last edited by JennB; 01-12-2007 at 11:03 AM.
2005 Mazdaspeed MX-5 -1.8L Turbo
What clause? Being that you are an accountant, you should know that NUMBERS work for you the same way they work for me the same way they work for IBM and COKE. Math is math. If you MAKE me have to pay someone $2.00/hr MORE today than I did YESTERDAY to do the same amount of work on the same job which produces the same output......how can I maintain my profit margin UP enough to maintain the same level of income WITHOUT raising the price to the consumer somewhere????
We totally agree on that.My point in showing how many people actually work for minimum wage is to show that this isn't some big step in helping people out of poverty, it's just legislation to try to look good.
Exactly, then why mandate an additional cost to any company? How is raising the cost of production stimulating ANY economy?It was estimated that maybe over 100,000 jobs were lost with the last increase ten years ago but it's hard to really say. As I said though, if you add up the populations of the states that already require over $7 an hour, a HUGE part of the population of this country is covered by that already.
You have a point. Look at the minimum wage today. WHO is it that is working for $5.25/hr? WHERE are they working? They are working in areas of our economic sector where the consumer can and will feel the increase in cost of goods the most. Restaurants, grocery stores, gas stations, mom & pop stores, labor intesive industries, etc. ALL of which can and will bump up their prices in order to maintain their profit levels the same. Again, WHO is ultimately PAYING for this alleged benefit???? THE END CONSUMER. How is that a benefit? The company will maintain their profit margin, because they too have to eat. The employee will see an initial increase in their pay, but then will have to spend MORE for the same goods he bought for less before. The consumer will end up paying for it all in the end. How's that a help? How is higher prices in consumer goods a STIMULANT to any economy? People will spend LESS when prices go up, ie. downward turn to the economy. How's that beneficial?This country is already moving in the direction of phasing out almost all low paying jobs, this is just more of a step in that direction. I mean look at the tags on your clothes and the goods around you... barely any of them are produced here. Look at how many things are becoming automated or simplified to the point that the low level worker is not needed in any part of it. The lowest paid jobs that are still very common are things like stock people or cashiers... and in some places, cashiers are being replaced by machines. But I actually worked as a cashier in high school... and I made more than minimum wage.
This is designed to only benefit ONE sector in our entire community: POLITICIANS. It makes them LOOK like they are doing something about "poverty" and the "little guy", when in reality they are once again BUYING peoples votes by making them THINK they are doing something productive.
Wanna do something about "poverty"? Feed a hungry person. Educate them. Teach them a trade. Make them a productive person of society. Use the billions of dollars being wasted on lazy, lying, and baby spitting scum towards programs that at the end of the line will net society a productive member rather than a DEPENDENT one.
Umm... I'm not saying this is a good idea. I clearly said that a gradual increase would be a much better idea and easier on businees, unfortunately, our congress is not know for making things easy on us. All I'm trying to point out is that not many people actually work for $5.15 an hour so it's not the end of the world. Most people do not know that there are 10-15 states that already require workers to be paid over $7 an hour.
http://www.cnn.com/2007/POLITICS/01/....ap/index.html
"The White House issued a statement saying it opposed the bill because it "fails to provide relief to small businesses."
Senate Democratic leaders have already signaled they will accept changes designed to shield small businesses from adverse consequences of higher labor costs.
"This bill increases costs for mom-and-pop businesses," said Steve Chabot, R-Ohio, contending the legislation doesn't do anything to help offset that burden."
Hopefully this means that the bill will be changed to protect these businesses since the issue has been acknowledged by both political parties.
2005 Mazdaspeed MX-5 -1.8L Turbo
That's what I was just about to say.
I was like Economics 101 anyone?lol.
Yeah prices are abouot to shoot up.
wow, this last page is wayy to long for me to read. Anyways, what happens to the restaurant workers who are getting $2.13-$3.15 an hour with tips? Will it be the same? Ya'll think the prices in restaurants will go up like that? and Anyone think the prices of drugs are gonna go up? If not, the drug dealers are gonna in turn make more money as well, with all these kids making $5.15 an hour spending that shit on drugs, now they got 2 extra $$ to spend on drugs....
1999 Honda CRV
-Tim
wow your dumbass input just ruined a good thread....nothing will happen because a server is essentially a sales job and you get tips...i feel sorry for you if you arent making 9 an hour with tips. I made between $9 and $25 when i was a server so 7 isnt shit
FUCK B&D COMMUNICATIONS!
Yes. That is exactly what will happen.
2005 Mazdaspeed MX-5 -1.8L Turbo
oh...sorry wasnt clear enough, I def. make enough. I was just thinkin about the bussers who make $3.15 an hour plus tips. They only make like $20 a night each. So i was wondering if maybe I would have to tip them more, or their wage would actually go up
1999 Honda CRV
-Tim
LIRL where you work cause if bussers make that, thats shitty as hell....i was making 8.50 as a buffer til i became a server
i guess i would spend $20 on drugs too if i made shit
FUCK B&D COMMUNICATIONS!
got raised to 7.25/hr
Is that for the Nation or just Georgia?
HOOKAH?! WTF..YOU MEAN HOOKER! :boobies:
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