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Liberal Gave All Employees 70k Minimum Wage, Then THIS Happened! (Going Broke)
The Federalist Papers ^
| 8/1/2015
| JASON W. STEVENS
Posted on 08/01/2015 5:39:10 PM PDT by Beave Meister
They say what goes around comes around.
In this case, ignore the basic laws of economics and human nature, and you’ll soon find yourself living in a van down by the river.
That looks to be in the very near future for one liberal CEO who insisted on making a political statement about the minimum wage, rather than looking after the best interests of his employees and company.
We predicted this would happen. But then again, conservatives tend to understand basic economics better than your typical liberal nutcase.
(Excerpt) Read more at thefederalistpapers.org ...
TOPICS: Chit/Chat
KEYWORDS: communism; danprice; gravitypayments; liberalidiot; liberals; minimumwage; obama; seattle; socialism
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To: Beave Meister
“Dan Price, 31, tells the New York Times that things have gotten so bad he’s been forced to rent out his house.”
Why stop there? If he truly is a liberal, he’ll rent out his car too (s/)
2
posted on
08/01/2015 5:42:40 PM PDT
by
max americana
(fired liberals in our company last election, and I laughed while they cried (true story))
To: Beave Meister
I’m thinking he’ll be Hillary’s Commerce Sec’y? Or Labor?
3
posted on
08/01/2015 5:43:25 PM PDT
by
nascarnation
(Impeach, convict, deport)
To: nascarnation
What’s so scary is, this guy has access to a lot people’s credit card information. Yikes....
4
posted on
08/01/2015 5:46:36 PM PDT
by
Beave Meister
(Die Hard Cubs Fan.....if it takes forever.)
To: Beave Meister
5
posted on
08/01/2015 5:49:42 PM PDT
by
nuconvert
( Khomeini promised change too // Hail, Chairman O)
To: Beave Meister
The boy should have taken a few business classes.
6
posted on
08/01/2015 5:50:22 PM PDT
by
FlingWingFlyer
(Stop the DemocRATS' War On Babies! Vote conservative.)
To: FlingWingFlyer
Just another case of someone with more money than brains.
7
posted on
08/01/2015 5:52:47 PM PDT
by
Beave Meister
(Die Hard Cubs Fan.....if it takes forever.)
To: Beave Meister
Twentieth Century Motors.
8
posted on
08/01/2015 5:54:05 PM PDT
by
Fred Hayek
(The Democratic Party is now the operational arm of the CPUSA)
To: Beave Meister
Nothing wrong with him wanting to pay his people above market wages. It is noble, IMHO.
But overpaying by such a huge amount that it causes your company to go out of business is bad for your employees. Better to have a job at market pay or 1.5 times market pay than to have one at 3 times market pay that disappears.
To: Beave Meister
It all fits...
The Seattle CEO....
10
posted on
08/01/2015 5:59:28 PM PDT
by
newfreep
("Evil succeeds when good men do nothting" - Edmund Burke)
To: Beave Meister
How does such a ‘genius’ become a CEO?
To: Beave Meister
Ha! I remember that story.
12
posted on
08/01/2015 6:03:51 PM PDT
by
MNDude
(God is not a Republican, but Satan is certainly a Democrat.)
To: windsorknot
He and his brother started the biz out of a college dorm room.
Like many in the modern era, he realized the key to success is being an FOB (friend of Baraq)
13
posted on
08/01/2015 6:07:56 PM PDT
by
nascarnation
(Impeach, convict, deport)
To: Beave Meister
“He gave raises to people who have the least skills and are the least equipped to do the job, and the ones who were taking on the most didn’t get much of a bump,”
In other words, the least valuable employees got huge raises.
14
posted on
08/01/2015 6:12:22 PM PDT
by
Blood of Tyrants
(There's a right to gay marriage in the Constitution but there is no right of an unborn baby to life.)
To: Beave Meister
15
posted on
08/01/2015 6:18:03 PM PDT
by
right way right
(Disclaimer: Not a prophet but I have a pretty good record.)
To: nascarnation
The only surprise is that it happened even quicker than we thought it would.
16
posted on
08/01/2015 6:20:22 PM PDT
by
Thom Pain
(If you like your country you can keep it. Period. REPEAL 17 !!)
To: Fred Hayek
Twentieth Century Motors Yep.
17
posted on
08/01/2015 6:24:06 PM PDT
by
usconservative
(When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
To: Publius
You might be interested in this one...
To: Tired of Taxes
A twist on the Twentieth Century Motor Company of Starnesville, Wisconsin.
19
posted on
08/01/2015 6:34:16 PM PDT
by
Publius
("Who is John Galt?" by Billthedrill and Publius now available at Amazon.)
To: Beave Meister
Ain’t Marxism wonderful?
Pray America is waking
20
posted on
08/01/2015 6:34:34 PM PDT
by
bray
(Cruz to the White House)
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