Posted on 01/19/2019 6:57:46 AM PST by lowbridge
why stop at 33?
NYT is guilty of false consciousness, they are standing in the way of progress.
Anyone who refuses to let our economy be run by magic pixie dust so that everyone can get lots of free stuff is just pure evil
Has Ginia ever held a real job? Ran a real business?
A $15 burger? $12 fries? Condiments a buck a squeeze or pump.
Oh yeah, great idea. Your order is up, Ginia. Got credit card? (or is this going on your NYT expense account?)
Corporations are starved for people who are go-getters at the entry levels. Lot of opportunity out there. But I see so many people starting at entry level that never really want to move up the ladder. They just want to punch in, punch out, and never want to take on responsibility or challenges.
Then you got the college kids who move right into corporate positions without having much of a clue how the company works at the customer-facing levels. That's not always a good thing either.
Democratic math - “We should raise the minimum wage for everyone to $100 an hour and make ourselves rich!”
List of minimum wages by country
https://en.wikipedia.org/wiki/List_of_minimum_wages_by_country
DEMS doing their best to make sure that giant sucking sound of jobs leaving this country for cheap labor markets continues.
#KeepingUSAjobsNonCompetitive-ItsWhatTheyDo
Why we need a 20% across the board import tariff. There are plenty of states where labor is lot cheaper so no need to go overseas.
Lets do the math. A $10 appetizer. A $25 entrée. I don't drink so no bar bill. Takes me 60 minutes to eat. The restaurant gets $35/hr from me. How many customers do they need per hour if they pay the help $33/hr? What is the cost of that meal to the restaurant? How high will they need to raise prices?
“In the long run, we’re all dead.” - John Maynard Keynes
One of the stupidest things Keynes ever wrote. Each one of is dead in the long run, but not “all” of us are dead, assuming there are future generations.
“The minimum wage was enacted to cut black kids out of the workforce.”
I don’t know if that was the intention of the original minimum wage law (it might very well have been), but it has certainly been the consequence of that law over the past 80 years.
Not only do they not know the customer level things, too many have never had ANY kind of job or responsibility. Mom and dad provided for them even through college.
All they have is the knowledge gained from books that were written by people who read books that were written by people who studied what others had done.
Too far removed from the actual “work of things” for any practical smarts.
Henry Ford II did it right.
Ford scoured the colleges for the best graduating engineers. On their first day at Ford they were handed brooms or shovels and assigned to the plant floor. They didn’t get near a design team until they had mastered every job in the factory.
As for the time card punchers, too many are content to show up, collect their pay and go home. Those types have always been around but seem to be a majority these days. Too many don’t want to take responsibility.
One of my sons works in a plant that makes industrial conveyor equipment. He has worked in every department in the company. By request of the supervisors. He has also learned the basics of the plant foremans job, job scheduling, material ordering, shipping requirements, etc.
I expect he’ll be running the plant someday. So does he.
Robots will be making Big Macs.
It is better than applying communistic or socialistic principles.
ROFLMBO. Simple Economics is still lost on you, I see.
Like you, Communists also want to control worker wages. Either way through force or through artificially flooding the market it’s the same thing Komrade Kabar.
Teacher are you telling the cost of labor in Wichita KS is the same as on Manhattan Island? Really. You get an F.
You are really missing basics here. If employers have to cut low-skill workers because the government has forced their labor costs up, then that business will not be able to offer the same services at the same cost to its customers. Wealthy customers no doubt will still be able to afford whatever, if the business manages to stay open, but lower-income customers likely won’t. And, of course, those low-skill workers may end up on the dole rather than employed at all.
The answer is to kick all the illegals home so there is less labor competition driving down labor prices, but also less need to tax everyone to cover their costs for decades to come. So even if prices go up then, taxpayer/consumers will still come out ahead.
Sure, some economic adjustments from that, but far healthier for the country and its rightful residents.
I get it. I was 3 credits short of a minor in economics. I majored in Computer Science. I am not economically ignorant. But the labor situation in the USA has been manipulated by artificial/political means. The labor supply at both the upper and lower skill levels is greater than demand because both parties let it happen, both wanted it and forced it on us again the will of the working class which I am a part of.
So you can't apply totally free market principals to an unfree artificial manipulated labor situation. This is all I am saying. Please think and not react with dogma. The floor on wages is artificial and I get it. But deal with it. The whole thing is artificial....
Making it worse is not a solution.
And unemployment at the high end is very, very low.
You may mean that more Americans—because I mean really, all Americans—want to be at that top end, but you need a willing employer to make that hire. (And take away H1-Bs, like it or not, and more tech jobs do go abroad.)
So what? We can't those jobs anyway. And I don't believe that for second those jobs would not go overseas the trend is high tech in on-shoring Masters want more direct control of their slaves ) using indentured foreign national imported slave labor.
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.