Paradoxium
Making Your Head Explode
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epic fail 

Raising the minimum wage IS an undeserved raise not only for the employee who hasnt earned it, but the other employees who were making over minimum wage must also get an increase. That raises the cost of absolutely every aspect of business.
And what people are doing is blaming everyone but the individual for the persons lot in life. Your life is YOUR responsibility, not mine. It is a FACT that if you take responsibility for your own, get an education, and bust your rear end you CAN advance. Every company wants to promote the best people who's talents will benefit the profit margin the most.
But no...lets blame society and the evil cheapskate boss and the taxpayer and lets never, ever blame the individual for their lack of success.
Maybe its an overly simplistic view, but don't prices increase a lot in capitalist economies? Isn't it all about making money?Please explain this statement to me.
I apologize for my knowledge of economics not being as superior as yours. But can you at least capitalize the beginnings of your sentence? Gosh! I guess you don't know everything either!epic fail![]()
Many wrongs there to address...
When you take the unskilled employee who shows no initiative, and give them a raise because its the taxpayers responsibility to make their lives easier, then you have an entire stream of people who are then shortchanged. What happens when the unskilled labor makes only slightly less than the supervisors? They get a raise. Then they make what the assistant makes, so they get a raise...and they make what the manager makes, so the manager gets a raise.
End result: The price of everything goes up due to increase costs, and the increased minimum wage has done NOTHING to increase the original employees lot in life because everything costs more.
Its a scheme to bleed "the rich"...because lets give money to the lazy, unskilled people instead of the people with a proven track record of hard work and wealth creation.
Second, minimum wage employees are NOT tax payers. If you are only making minimum wage then you are ABSOLUTELY getting a full refund on your taxes, an probably extra bonuses like head of household etc so you actually get back more taxes than you put in every year. Of course, I abhor the Federal Reserve for enslaving our country, and believe both it and the IRS should be abolished, but thats another subject.
Yes, I am a business owner...but my only employee is me...so Im not affected by any increase. Nice try though.
A corporation is not a human being. It exists only to make money. It is the RIGHT thing to do to guard the profit margins for the shareholders. Lets face it...Wal-Mart and McDonalds could hire the dumbest people on earth to do the grunt work and have a few skilled people to oversee the morons. There is no need to pay unskilled, lazy people top dollar. So, if you are a valuable employee, why are you at Wal-Mart or McDonalds? Times are tough, so i can see why someone would take a job there...but if your skills and work ethic are above the braindead co-workers you have, you should either rise to the top quickly, or move on to another job...and if you are truly valuable then they will give you a raise just so they dont lose one of the good workers. What you as a good employee should NOT do, is accept that you have an entry level job, get comfortable in that position, and not try to advance. if you do...again, that is your fault.
I am half serious katie, don't take it personally. It's more of a pet peeve that riles me up.t:
scarlet spidey's point is really important. The vast majority of price increase and expenses is combo of many factors. A chunk of it comes from the government and their control of the money supply (whilst perverting the private market). Technically speaking, a hardcore capitalist economy would have a full reserve system or gold standard. Under a tight reserve or gold system, most prices would be stable as hell, even to the point where it will deflate. Meaning $20 100 years ago would be worth pretty much the same now, maybe even more if people spend less.
Look up the topic "fractional reserve" system (here and here), because this is what we have. It is government demand management of the economy, the opposite of capitalism. Hence the irony of your post.
edit add: In other words, price increases for the most part is a symptom of inflationary practices by the government. While companies have some degree of control of prices it is negligible at best. It is not the case where companies act like ***** and decide to raise price arbitrarily. If they did that in a full reserve or gold standard system, they will have no demand anymore. They they would go bankrupt, because no one would be able to afford it by virtue of the limit in money in circulation. They have the ability to do so in our modern banking system because of more money pumped into the system (thus devaluing the value of each dollar - but its a bit more complicated than this, but giving you the thrust of the point).
I am half serious katie, don't take it personally. It's more of a pet peeve that riles me up.t:
scarlet spidey's point is really important. The vast majority of price increase and expenses is combo of many factors. A chunk of it comes from the government and their control of the money supply (whilst perverting the private market). Technically speaking, a hardcore capitalist economy would have a full reserve system or gold standard. Under a tight reserve or gold system, most prices would be stable as hell, even to the point where it will deflate. Meaning $20 100 years ago would be worth pretty much the same now, maybe even more if people spend less.
Look up the topic "fractional reserve" system (here and here), because this is what we have. It is government demand management of the economy, the opposite of capitalism. Hence the irony of your post.
edit add: In other words, price increases for the most part is a symptom of inflationary practices by the government. While companies have some degree of control of prices it is negligible at best. It is not the case where companies act like ***** and decide to raise price arbitrarily. If they did that in a full reserve or gold standard system, they will have no demand anymore. They they would go bankrupt, because no one would be able to afford it by virtue of the limit in money in circulation. They have the ability to do so in our modern banking system because of more money pumped into the system (thus devaluing the value of each dollar - but its a bit more complicated than this, but giving you the thrust of the point).
Majic Walrus:
When the forces a company to increase the pay of their least skilled workers, the company is all but forced to raise everyones salary. Companies ALWAYS want skilled, hard working people in the key positions, so to keep them from leaving, they will generally increase their pay.
McDonalds and Wal-mart dont fire unskilled employees because you dont have to be skilled to do those jobs! Those jobs are not intended to be life-long careers that you raise a family on. They are for people just starting out who are unskilled and likely have a poor work ethic. Fortunately, being a cashier at McDonalds doesnt require you to be anything more than a functional idiot. They dont fire you because they dont need a brain surgeon in that position...
So...these are ENTRY LEVEL positions designed for ENTRY LEVEL employees...and yet we are forcing the companies to pay them enough to raise a family on??????
Also, while entry level employees do pay sales tax, they are NOT being raped by the IRS. They are getting MORE than they paid back in return.
Of course, I am much more interested in ridding the country of the real problem, which is the devaluing of the dollar due to the Federal Reserve. As the actual worth of the dollar sinks to a quarter of what it was once worth, people need more of those pieces of paper to afford what they need. People always blame evil rich corporations for inflation, yet never focus on the Federal Reserve, which even former Presidents have said has taken over and enslaved the country.
I make 35 an hour, so this really has no effect on me.![]()
Moderating the Hype.
Majic:
When Ronald Reagan came into office, he wanted to lower taxes, but needed to know what income tax money went where so he wouldn't hurt the country in the process. So, he brought about the Grace Commission, to study these things. They found, AND I QUOTE:
"100 percent of what is collected is absorbed solely by interest on the Federal debt and by Federal Government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services which taxpayers expect from their Government."
Therefore...ALL OF YOUR INCOME TAX is going to the Federal Reserve. NONE OF IT goes to roads, education etc. Income taxes were created to pay the Federal Reserve to make money...which happens to be a job that Congress is suppose to do, according to the Constitution. So...if we followed the Constitution and ended the Federal Reserve, then there would be no need to pay them 100% of our income tax, and therefore no need for a federal income tax at all.
I suppose I shouldnt even get into the fact that the Supreme Court has ruled that the 16th amendment did NOT create any new taxes, and therefore the IRS is illegally stealing our money.
Raising the wages for the supervisors and managers are decisions that the company makes. If it is a good company to work for than the worker will stay, if the company chooses to neglect their upper-level positions by not increases their wages then the supervisors and managers can just go out and work hard and get a better job, right?
I agree. And for the record I don't think that this wage increase was necessary I just think that a minimum wage is necessary and that eventually increases will have to occur.
My question of earlier still remains, why do places like McDonald's keep lazy unskilled workers employed? Isn't it the responsibility of the company to only hire people and only keep people employed that do the job well?
If McDonald's only hired and kept satisfactory employees then they would only be increasing the wages of satisfactory employees.
I agree that the Federal Reserve and IRS should be eliminated but it doesn't change that minimum wage employees are tax payers. Not just income tax though, sales tax on the stuff that they can afford to buy now that they make enough money to go shopping for more than what their food stamps can buy.
Thanks.I try when I can.
Oh you answered the earlier question I asked. McDonalds and Wal-Mart specifically hire lazy and generally unskilled workers so that they don't have to give them raises. They hire people who are not ambitious and do not wish to succeed and then proceed to ***** when they have to pay those people more.
Why?
Because the entire reason of hiring them in the first place was to not have to pay them money. If someone is an unskilled worker then FIRE them, don't complain when you have to pay them more even though they are unskilled. If they were really unskilled and lazy then they would be fired.
What do you do making 70K+ a year?
Maybe everything costs more because Production and Labor is so expensive.Out here in California it's $8.00...but everything out here is more expensive than the rest of the states anyways so I guess that's fair.