Posted on 07/20/2014 12:03:29 AM PDT by 2ndDivisionVet
Establishing a minimum wage does nothing more than devalue the basic increment coin of the realm for example the penny and moves that value on to the next increment in our case the nickle. As those minimums increases continue that policy devalues the coin’s of any realm worth furthur. Meaning in our case the dollar until it’s worth nothing.
Which is why we’re paying a $1.00 for what was once upon a time a 5 cent candy bar.
Establishing a minimum wage does nothing more than devalue the basic increment coin of the realm for example the penny and moves that value on to the next increment in our case the nickle. As those minimums increases continue that policy devalues the coin’s of any realm worth furthur. Meaning in our case the dollar until it’s worth nothing.
Which is why we’re paying a $1.00 for what was once upon a time a 5 cent candy bar.
And the retired cittizens grow poorer as the cost of living steepens because of the increase of the cost of essentials made by the entry-level workers.
Mine is $25.
Actually, it pretty much is.
Didn't get my first telephone until I was age 38 (when I married). Never have gotten a cell phone.
Doing fine.
Regards,
Sorry, but in today’s world I don’t recommend telling an employer you don’t have a phone. Will not help you get hired.
Voice of Russia?
Wow...at $15 per hour, that’s our whole service rate.
Prices would have to go up significantly just to cover paying the employer half of the SS, make sufficient money to pay for worker compensation coverage, and 0bamacare!
I really want to start including with every paycheck the amount of ‘extras’ we have to pay ...just to employ someone! You know, that stuff the hourly person never considered part of his GROSS benefit of working here.
Just like most people don’t realize how much they pay in taxes...they often don’t understand their full compensation either.
“It is much better to enact a minimum-wage law even if it deprives these unfortunates of work… better that the state should support the inefficient wholly and prevent the multiplication of the breed than subsidize incompetence and unthrift, enabling them to bring forth more of their kind.”
Royal Meeker, U.S. Commissioner of Labor, under Woodrow Wilson.
Minimum wage jobs were never meant to be jobs held by adults for their entire life. Those jobs are mostly for young people starting out (hamburger flippers, ice-cream scoopers, doughnut venders).
If you raise the wage for those jobs, then the business owner will need to raise the price of the product and service. How much are you willing to pay for a scoop of ice cream or a doughnut? Eventually, these businesses will no longer exist.
Big supporters of Castro and Hugo Chavez.
If increasing the minimum wage does not cost jobs, there is no reason for the minimum wage to be so low. If everything improves by increasing the minimum wage, it ought to be set at $100,000 per year, so everybody is comfortable. Anything less means proponents of an $11/hr minimum wage want people living on the margins.
No cell phone is mandatory, though.
I didn't say that I would tell an employer that I didn't have a phone...
Would an employer necessarily ask? And IF he did ask, couldn't one simply give him the number of one's old maiden aunt, who lives two doors down the street?
The way you're saying it, it sounds as if employers now routinely give candidates the "third degree" about their 24-7 accessibility.
Employer: "Do you have a phone?"
Candidate: "Yes."
Employer: "Umm.. Would you mind telling me what the number is?"
Candidate: "555-6178."
Employer: "Umm... I meant your CELL phone number!
Candidate: "Oh, why didn't you say so? It's 4197-077-6178."
Employer: "And do you keep your cell phone switched ON all of the time? Are the batteries always fully charged? Do you ever find yourself in a 'blind' spot?"
Etc.
And then, a few weeks after your probationary period has elapsed, you cancel your cell phone contract.
Seriously, I don't doubt that there are SOME jobs nowadays that might require around-the-clock accessibility... But I suspect that there are still millions of well-paying jobs that don't require it.
Regards,
This horse’s ash is in the right place. Wagner is a typical liberal crap hole.
Most of these minimum wage increases are in dimes per hour. Worse, the measurable effects will take time. This analysis is an abuse of statistics, particularly averages. What if all the increase occurred at salaries well above minimum wage and therefore essentially unaffected by them?
Whenever liberals claim up is down they’re lying or citing a lie.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.