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1 posted on 02/12/2014 6:45:15 AM PST by MichCapCon
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To: MichCapCon

Use the government to screw your competition. Nothing new about that.


2 posted on 02/12/2014 6:53:00 AM PST by Our man in washington
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To: MichCapCon

Unaccountable totalitarians need to hide their plunder of the currency, the devaluation of the fiat paper, from the masses. Enter their accomplices/co-conspirators, the corrupt politicians, as champions of the downtrodden raising their minimum wage.

Root cause? Never addressed.

DISMANTLE unaccountable totalitarian/socialist collectives.


4 posted on 02/12/2014 7:37:19 AM PST by PGalt
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To: MichCapCon

Increasing the minimum wage, to what ever value you think is “fair”, will cause other problems.

Remember that there many other things tied to a person’s wages - take a look at you pay stub for a partial list. IMHO all of those will go up to since the rates “charged” are based on the income collected. Then, there are those items that are co-paid - the employer pays part of the “charges”. Then there are items that are totally paid by the employer. Finally, there is the cost of doing business - utilities, multiple levels of taxes and fees, and the list goes on and on.

Bottom line - all of the above comes from the monies collected over the counter. There is no other source.

I read an article a few years ago that claimed that the total cost, to the employer, for an employee was roughly twice what the employee took home in wages. If accurate, that means that your $ 15.00 an hour fast food worker has to generate, as a minimum, $ 30.00 of across the counter business every hour. That goes for everyone in the business; that is what 6 to 8 people per shift hour? That’s around $ 200.00 per shift hour, or 40 Big Macs with fries and drinks (at today’s prices).

As much as I don’t like Big Macs, “that ain’t going to happen Captain”.

You can easily figure out what is going to happen next.


5 posted on 02/12/2014 7:43:55 AM PST by Nip (BOHEICA and TANSTAAFL - both seem very appropriate today.)
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