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To: Kaslin
Had American businesses been forced to raise minimum wage to $20 an hour, the cost of doing business would have skyrocketed, which in turn would have forced businesses to choose between passing the higher cost on to consumers (which businesses have limited power to do) and reducing hiring.

While $20.00/hr is hyperbolic rubbish the premise is unsound here also. If Company X needs Y man-hours per wk/mo/year to provide product/service Z then Y is fixed. Either they cut man-hours and produce less product or raiae prices. If they can get the same amount of product/service with less man-hours Y-R then the company was being mismanaged. Reduction R was waste and should have been done regardless of the per hour labor cost.

8 posted on 05/14/2016 5:53:18 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

Everyplace I’ve worked, 20% of the workers do 80% of the work. That includes factory, office, construction, community organizing, IT and food service. I have yet to see management that is able to change that.

I have seen some management better than others. Allocating the better workers to the critical paths and the slackers/ incompetents to the less critical paths.


39 posted on 05/14/2016 7:32:53 AM PDT by spintreebob
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