Topic: Minimum Wage?
markc48's photo
Sun 05/18/14 07:54 PM
Not welfare it's SSI or SSD. plus there free insurance. You know about half of them could work. I mean if there was jobs. And maybe they got kicked off.

no photo
Sun 05/18/14 08:25 PM


So now if minimum wage was set to be lets say 5.00 an hour and the

cost of living continues to go up and up and minimum wage hasn't

risen to accommodate ..then minimum wage has just become less than

minimum wage...So now look at how many times minimum wage wasn't

increased and how long it went before it was increased and tell me

that the cost of living didn't go up during these extended

periods..there again minimum wage is not what minimum wage should be

..so it's not even minimum wage anymore..spock

msharmony's photo
Sun 05/18/14 08:29 PM
the employer is more important, we have to make sure they can pay little enough to be able to take care of their needs, and feel fortunate if that pay allows us to take care of ours,,


at least that's how it seems

though, as previously state, I think it would be simple to raise it to a level where fewer would be in poverty

no photo
Sun 05/18/14 09:06 PM

It doesn't matter even one bit what the number is. A higher number is arbitrary. Purchasing power is what matters. If less people are working because businesses can't afford the higher wages, then less is produced which means less for everyone no matter how you redistribute it.

If EVERYONE worked, even at 1 cent an hour, more wealth would be created and we could all buy more. Money is after all nothing but a representation of labor. If no one labors, doesn't matter if you have a $500 minimum wage.

Not suggesting that we have a 1 cent minimum wage, but not $16 per hour for flipping burgers either.


the problem with this premise is that the gov't inflates real pay with aide when people do not earn enough to realistically live on and that costs me money. I would rather see employers required to pay a realistic wage, maybe even a scaled minimum based on ones educational accomplishments.

Supported by:

use of any illegal workers with fines so large they are actually punitive and automatic boycotts advertised (some how get the word out to customers that the company was caught using illegals and asking them to stop buying there)with the money from the fines going to support entitlement programs that American citizens are on because they lost jobs to illegals or HB-1 Visas

All HB-1 Visas contingent on an employer PROVING that they could not hire an American worker at at least the minimum wage for the required educational level. (or some other measure of market value like emplyment.com)

I actually read some AZZ*ole today who commented that Americans were too stuck on their nationality as a reason to be employed and that we need to quite whining and get the proper credentials. What an idiot. Many many Americans have the proper credentials...probably better suited that HB-1s who do not know our culture well.

Our gov't should be required to hire citizens first on American soil regardless of the nationality of the company in the same way that we all responded to "buy American" when we were asked a few decades ago.

if foreign companies don't like it we can simply nationalize them.

Chazster's photo
Mon 05/19/14 05:55 AM

The Act applies to enterprises with employees who engage in interstate commerce, produce goods for interstate commerce, or handle, sell, or work on goods or materials that have been moved in or produced for interstate commerce. For most firms, a test of not less than $500,000 in annual dollar volume of business applies (i.e., the Act does not cover enterprises with less than this amount of business).


http://www.dol.gov/compliance/guide/minwage.htm

Now little business do you think mom and pop stores do? If you are opened 300 days of the year (1 day closed plus holidays) and do only $200 in volume a day (very low) how much volume is your business doing? The govermnet classifies a small business as anything making less than $7 million. So yea minimum wage might not hurt someone with no employees running a shop in their house, but if they have enough volume to pay rent for a store and workers they are most likely pushing over 500k volume.

Conrad_73's photo
Mon 05/19/14 06:44 AM


It doesn't matter even one bit what the number is. A higher number is arbitrary. Purchasing power is what matters. If less people are working because businesses can't afford the higher wages, then less is produced which means less for everyone no matter how you redistribute it.

If EVERYONE worked, even at 1 cent an hour, more wealth would be created and we could all buy more. Money is after all nothing but a representation of labor. If no one labors, doesn't matter if you have a $500 minimum wage.

Not suggesting that we have a 1 cent minimum wage, but not $16 per hour for flipping burgers either.


the problem with this premise is that the gov't inflates real pay with aide when people do not earn enough to realistically live on and that costs me money. I would rather see employers required to pay a realistic wage, maybe even a scaled minimum based on ones educational accomplishments.

Supported by:

use of any illegal workers with fines so large they are actually punitive and automatic boycotts advertised (some how get the word out to customers that the company was caught using illegals and asking them to stop buying there)with the money from the fines going to support entitlement programs that American citizens are on because they lost jobs to illegals or HB-1 Visas

All HB-1 Visas contingent on an employer PROVING that they could not hire an American worker at at least the minimum wage for the required educational level. (or some other measure of market value like emplyment.com)

I actually read some AZZ*ole today who commented that Americans were too stuck on their nationality as a reason to be employed and that we need to quite whining and get the proper credentials. What an idiot. Many many Americans have the proper credentials...probably better suited that HB-1s who do not know our culture well.

Our gov't should be required to hire citizens first on American soil regardless of the nationality of the company in the same way that we all responded to "buy American" when we were asked a few decades ago.

if foreign companies don't like it we can simply nationalize them.

yep,do the Venezuela-Jig!:laughing:

willing2's photo
Mon 05/19/14 07:18 AM

I wonder why those who aren't black even care what blacks do, or those who aren't female care what females do, or those who aren't American care about what americans do,,,



Extreeemly separatist and bigoted statement.

Like you say. We don't live in a vacuum. So, get y'alls hand out of our pockets and start doing for yourselves.

You sticking with the BS that Small Business is exempt from paying minimum wage?rofl rofl rofl rofl rofl rofl rofl rofl rofl rofl rofl rofl rofl rofl rofl rofl rofl slaphead

msharmony's photo
Mon 05/19/14 08:26 AM
Edited by msharmony on Mon 05/19/14 08:33 AM


The Act applies to enterprises with employees who engage in interstate commerce, produce goods for interstate commerce, or handle, sell, or work on goods or materials that have been moved in or produced for interstate commerce. For most firms, a test of not less than $500,000 in annual dollar volume of business applies (i.e., the Act does not cover enterprises with less than this amount of business).


http://www.dol.gov/compliance/guide/minwage.htm

Now little business do you think mom and pop stores do? If you are opened 300 days of the year (1 day closed plus holidays) and do only $200 in volume a day (very low) how much volume is your business doing? The govermnet classifies a small business as anything making less than $7 million. So yea minimum wage might not hurt someone with no employees running a shop in their house, but if they have enough volume to pay rent for a store and workers they are most likely pushing over 500k volume.



sigh,,,,


first, for government purposes, a small business is determined by the type of business, different types have different standards based upon either number of employers or revenue,, no BLANKET amount for all small business,,,

and


second a 'small business' is not the same as a 'mom and pop' business
depending upon industry a 'small business' can be netting millions

when I consider a 'mom and pop' store, I am thinking of the little consignment clothing store that ON A GOOD DAY makes 500 dollars in sale but most days is happy to pull in 200


all mom and pops are small business but not all small business is a mom and pop


as to your concern with rent and minimum wage.....

you can rent a space for as low as 500 per month for business space

at 200 per day that would STILL only be 60000 per year in sales

half a mill would be more like nearly 2000 a day in sales


I Have friends who own their own store, that would be a good/busy day for them,, and business has slow and busy days, not all or even most are gonna net a lot of sales EVERYDAY,,,,,especially considering what hours they stay open,,,,,

so IF I rented a space for 1400 a month and did have to pay 3 employees say 10 per hour to work 8 hours that's 240 per day or 72000 per year, plus the rent would be a total of 89000 per year out of that required 500000 in sales

still leaving over 400000



msharmony's photo
Mon 05/19/14 08:30 AM


I wonder why those who aren't black even care what blacks do, or those who aren't female care what females do, or those who aren't American care about what americans do,,,



Extreeemly separatist and bigoted statement.

Like you say. We don't live in a vacuum. So, get y'alls hand out of our pockets and start doing for yourselves.

You sticking with the BS that Small Business is exempt from paying minimum wage?rofl rofl rofl rofl rofl rofl rofl rofl rofl rofl rofl rofl rofl rofl rofl rofl rofl slaphead


who stated 'small business' was exempt,, certainly not I.

I gave the SPECIFIC wording of the FSLA about who is exempt, concerning interstate commerce and sales,,,,

willing2's photo
Mon 05/19/14 11:56 AM
Edited by willing2 on Mon 05/19/14 12:00 PM
Mom and Pop.

AKA, Small Business.

How about that bigoted and separatist statement? laugh

msharmony's photo
Mon 05/19/14 12:32 PM
which one,, Ive read so many on these threads we share together?


laugh

willing2's photo
Mon 05/19/14 02:11 PM

which one,, Ive read so many on these threads we share together?


laugh

The one in purple that you posted. happy laugh

isaac_dede's photo
Mon 05/19/14 02:25 PM
I don't think a dollar amount minimum wage should be enforced, but I do agree with a sliding scale percentage from the top employee to the very bottom level employee at the same location

Back in the 50's minimum wage was 0.75/hr and just fyi, if were were to compare the cost of living today with the cost of living in the 50's and have the same minimum wage equivalent that would mean the minimum wager would have to be somewhere between 20-25/hr but that isn't the solution in my opinion

The CEO's used to make between 50-100% more than their bottom level workers....now some of them make 1000's of times more than their bottom level workers.

There was a documentary on this guy who was delivering pizza's he worked their for 5 years, and during that time his wage went from 10 to 12/hr a whopping 20% increase... However, the business owners wage went up by 500%, and currently the cultural is "well they put it back into the business raising peoples wages" well that would be true...if the business's(and money) stayed in the U.S. but instead we have corporations shipping their money elsewhere where it can't be touched, much less re-invested in their company.

If they wanted to make a rule for example where the top paid employee couldn't make more than 200%(or whatever other reasonable percentage is chosen as a cap) than the lowest level employee I'd be fine with that.

If the top guy wanted more money, he'd have to raise the wages of those beneath him to achieve that.

Conrad_73's photo
Mon 05/19/14 02:38 PM
Edited by Conrad_73 on Mon 05/19/14 02:57 PM

I don't think a dollar amount minimum wage should be enforced, but I do agree with a sliding scale percentage from the top employee to the very bottom level employee at the same location

Back in the 50's minimum wage was 0.75/hr and just fyi, if were were to compare the cost of living today with the cost of living in the 50's and have the same minimum wage equivalent that would mean the minimum wager would have to be somewhere between 20-25/hr but that isn't the solution in my opinion

The CEO's used to make between 50-100% more than their bottom level workers....now some of them make 1000's of times more than their bottom level workers.

There was a documentary on this guy who was delivering pizza's he worked their for 5 years, and during that time his wage went from 10 to 12/hr a whopping 20% increase... However, the business owners wage went up by 500%, and currently the cultural is "well they put it back into the business raising peoples wages" well that would be true...if the business's(and money) stayed in the U.S. but instead we have corporations shipping their money elsewhere where it can't be touched, much less re-invested in their company.

If they wanted to make a rule for example where the top paid employee couldn't make more than 200%(or whatever other reasonable percentage is chosen as a cap) than the lowest level employee I'd be fine with that.

If the top guy wanted more money, he'd have to raise the wages of those beneath him to achieve that.

yep,that's been tried in a far away land,with disastrous results!

and,Good Luck finding Investors for that kind of setup!

http://www.futureofcapitalism.com/2014/05/mcdonald-installs-7000-robot-cashiers

McDonald's in Europe is installing 7,000 kiosks that will allow customers to place their own orders without the assistance of a human cashier,

http://www.futureofcapitalism.com/2014/05/restaurant-self-order-kiosks

http://mises.org/daily/6638/Welfare-Minimum-Wages-and-Unemployment


as an aside,we are voting whether to install a Minimum-Wage here in Switzerland or not this very weekend!bigsmile

yep,that's right!

There is NO minimumwage here,and there still might not be!laugh

isaac_dede's photo
Mon 05/19/14 03:15 PM


I don't think a dollar amount minimum wage should be enforced, but I do agree with a sliding scale percentage from the top employee to the very bottom level employee at the same location

Back in the 50's minimum wage was 0.75/hr and just fyi, if were were to compare the cost of living today with the cost of living in the 50's and have the same minimum wage equivalent that would mean the minimum wager would have to be somewhere between 20-25/hr but that isn't the solution in my opinion

The CEO's used to make between 50-100% more than their bottom level workers....now some of them make 1000's of times more than their bottom level workers.

There was a documentary on this guy who was delivering pizza's he worked their for 5 years, and during that time his wage went from 10 to 12/hr a whopping 20% increase... However, the business owners wage went up by 500%, and currently the cultural is "well they put it back into the business raising peoples wages" well that would be true...if the business's(and money) stayed in the U.S. but instead we have corporations shipping their money elsewhere where it can't be touched, much less re-invested in their company.

If they wanted to make a rule for example where the top paid employee couldn't make more than 200%(or whatever other reasonable percentage is chosen as a cap) than the lowest level employee I'd be fine with that.

If the top guy wanted more money, he'd have to raise the wages of those beneath him to achieve that.

yep,that's been tried in a far away land,with disastrous results!

and,Good Luck finding Investors for that kind of setup!

http://www.futureofcapitalism.com/2014/05/mcdonald-installs-7000-robot-cashiers

McDonald's in Europe is installing 7,000 kiosks that will allow customers to place their own orders without the assistance of a human cashier,

http://www.futureofcapitalism.com/2014/05/restaurant-self-order-kiosks

http://mises.org/daily/6638/Welfare-Minimum-Wages-and-Unemployment


as an aside,we are voting whether to install a Minimum-Wage here in Switzerland or not this very weekend!bigsmile

yep,that's right!

There is NO minimumwage here,and there still might not be!laugh


But don't you also have free college for your citizens? I don't think we'd need a minimum wage here either if we didn't have to pay insane tuition costs in order to get a degree either...

Conrad_73's photo
Mon 05/19/14 03:23 PM



I don't think a dollar amount minimum wage should be enforced, but I do agree with a sliding scale percentage from the top employee to the very bottom level employee at the same location

Back in the 50's minimum wage was 0.75/hr and just fyi, if were were to compare the cost of living today with the cost of living in the 50's and have the same minimum wage equivalent that would mean the minimum wager would have to be somewhere between 20-25/hr but that isn't the solution in my opinion

The CEO's used to make between 50-100% more than their bottom level workers....now some of them make 1000's of times more than their bottom level workers.

There was a documentary on this guy who was delivering pizza's he worked their for 5 years, and during that time his wage went from 10 to 12/hr a whopping 20% increase... However, the business owners wage went up by 500%, and currently the cultural is "well they put it back into the business raising peoples wages" well that would be true...if the business's(and money) stayed in the U.S. but instead we have corporations shipping their money elsewhere where it can't be touched, much less re-invested in their company.

If they wanted to make a rule for example where the top paid employee couldn't make more than 200%(or whatever other reasonable percentage is chosen as a cap) than the lowest level employee I'd be fine with that.

If the top guy wanted more money, he'd have to raise the wages of those beneath him to achieve that.

yep,that's been tried in a far away land,with disastrous results!

and,Good Luck finding Investors for that kind of setup!

http://www.futureofcapitalism.com/2014/05/mcdonald-installs-7000-robot-cashiers

McDonald's in Europe is installing 7,000 kiosks that will allow customers to place their own orders without the assistance of a human cashier,

http://www.futureofcapitalism.com/2014/05/restaurant-self-order-kiosks

http://mises.org/daily/6638/Welfare-Minimum-Wages-and-Unemployment


as an aside,we are voting whether to install a Minimum-Wage here in Switzerland or not this very weekend!bigsmile

yep,that's right!

There is NO minimumwage here,and there still might not be!laugh


But don't you also have free college for your citizens? I don't think we'd need a minimum wage here either if we didn't have to pay insane tuition costs in order to get a degree either...
Free?
Not for College or University!
Problem is,that many people really have no use for a College-or University-Degree,and it's simply a matter of prestige,and an expensive one at that!

Conrad_73's photo
Mon 05/19/14 03:30 PM
Edited by Conrad_73 on Mon 05/19/14 03:33 PM
http://www.swissinfo.ch/eng/swiss_news/Swiss_say_no_to_world_s_highest_minimum_wage.html?cid=38543758

by Jessica Dacey, swissinfo.ch
May 18, 2014 - 19:44

Voters in Switzerland have rejected plans for a nationwide minimum wage. At CHF22 ($25) an hour, the limit would have been the highest in the world.

In Sunday's nationwide vote 76.3% of voters were against the initiative. Voter turnout was 55.5%.

Under the initiative, someone on a minimum wage in Switzerland would have earned double the rate in Britain or the United States. Although high, the Swiss limit was set against the country's high cost of living, where the median hourly wage is around CHF33.

Luxembourg currently has the top real minimum wage at $10.70 an hour, when adjusted for purchasing power, and the Swiss wage would have been comfortably ahead of that at $14. (See infobox)

The country's biggest trade union umbrella group had pushed the initiative to a vote, arguing a nationwide limit would entitle everyone to a decent rate of pay. In the grander scheme of things, they said the change would help reduce poverty and fight wage dumping, where firms bring in workers from abroad but pay them less.

The Trade Union Federation had the backing of the Social Democrats and the Greens. But opponents most political parties, the government and the business community argued it would be tantamount to state interference in a free market economy and could prove counterproductive, forcing firms to cut costs by killing some low paid jobs.

Once the vote outcome was clear, unions vowed to continue to fight against low pay. The Trade Union Federation chief economist, Daniel Lampart, conceded that a large majority had come out against the minimum wage being enshrined in law. But that does not mean that the Swiss back wages that people are unable to live on, he said.

People want collective bargaining agreements to guarantee good salaries, he noted.

Other union groups responded saying they had succeeded in launching a major debate on salaries and that the question of salary protection would now remain on the political agenda.

The Greens said they would focus on change at a cantonal level and regularisation of collective agreements. The initiative campaign showed that a very high number of people are not party to a collective agreement.

Economics Minister Johann Schneider-Ammann, however, welcomed the result, saying the alternative would have meant job losses. Work is the best antidote to poverty, he said.

The Swiss Business Federation, economiesuisse, described the rejection of the initiative as a clear signal that the electorate wouldn't tolerate government intervention in a free market economy.

Its president, Heinz Karrer, said: In recent weeks we were able to show that the initiative hurts low-paid workers in particular. He added that the issue of minimum wages would be addressed in collective agreements in some regions and industries.

The strongest opposition was felt in canton Appenzell Inner-Rhodes where it was rejected by 87.9% of voters. It was even turned down in Neuchâtel and Jura, two cantons where similar salary moves are being rolled out.

Results vote May 18, 2014

Nationwide minimum wage
Yes: 23.7% No: 76.3%

Chazster's photo
Mon 05/19/14 04:51 PM



The Act applies to enterprises with employees who engage in interstate commerce, produce goods for interstate commerce, or handle, sell, or work on goods or materials that have been moved in or produced for interstate commerce. For most firms, a test of not less than $500,000 in annual dollar volume of business applies (i.e., the Act does not cover enterprises with less than this amount of business).


http://www.dol.gov/compliance/guide/minwage.htm

Now little business do you think mom and pop stores do? If you are opened 300 days of the year (1 day closed plus holidays) and do only $200 in volume a day (very low) how much volume is your business doing? The govermnet classifies a small business as anything making less than $7 million. So yea minimum wage might not hurt someone with no employees running a shop in their house, but if they have enough volume to pay rent for a store and workers they are most likely pushing over 500k volume.



sigh,,,,


first, for government purposes, a small business is determined by the type of business, different types have different standards based upon either number of employers or revenue,, no BLANKET amount for all small business,,,

and


second a 'small business' is not the same as a 'mom and pop' business
depending upon industry a 'small business' can be netting millions

when I consider a 'mom and pop' store, I am thinking of the little consignment clothing store that ON A GOOD DAY makes 500 dollars in sale but most days is happy to pull in 200


all mom and pops are small business but not all small business is a mom and pop


as to your concern with rent and minimum wage.....

you can rent a space for as low as 500 per month for business space

at 200 per day that would STILL only be 60000 per year in sales

half a mill would be more like nearly 2000 a day in sales


I Have friends who own their own store, that would be a good/busy day for them,, and business has slow and busy days, not all or even most are gonna net a lot of sales EVERYDAY,,,,,especially considering what hours they stay open,,,,,

so IF I rented a space for 1400 a month and did have to pay 3 employees say 10 per hour to work 8 hours that's 240 per day or 72000 per year, plus the rent would be a total of 89000 per year out of that required 500000 in sales

still leaving over 400000





Except for the fact that it isn't profit that is the classification criteria. From the department of labor site you posted it said 500k volume not income.

msharmony's photo
Mon 05/19/14 04:55 PM
sales,, in SALES,,,,

Chazster's photo
Mon 05/19/14 04:56 PM




I don't think a dollar amount minimum wage should be enforced, but I do agree with a sliding scale percentage from the top employee to the very bottom level employee at the same location

Back in the 50's minimum wage was 0.75/hr and just fyi, if were were to compare the cost of living today with the cost of living in the 50's and have the same minimum wage equivalent that would mean the minimum wager would have to be somewhere between 20-25/hr but that isn't the solution in my opinion

The CEO's used to make between 50-100% more than their bottom level workers....now some of them make 1000's of times more than their bottom level workers.

There was a documentary on this guy who was delivering pizza's he worked their for 5 years, and during that time his wage went from 10 to 12/hr a whopping 20% increase... However, the business owners wage went up by 500%, and currently the cultural is "well they put it back into the business raising peoples wages" well that would be true...if the business's(and money) stayed in the U.S. but instead we have corporations shipping their money elsewhere where it can't be touched, much less re-invested in their company.

If they wanted to make a rule for example where the top paid employee couldn't make more than 200%(or whatever other reasonable percentage is chosen as a cap) than the lowest level employee I'd be fine with that.

If the top guy wanted more money, he'd have to raise the wages of those beneath him to achieve that.

yep,that's been tried in a far away land,with disastrous results!

and,Good Luck finding Investors for that kind of setup!

http://www.futureofcapitalism.com/2014/05/mcdonald-installs-7000-robot-cashiers

McDonald's in Europe is installing 7,000 kiosks that will allow customers to place their own orders without the assistance of a human cashier,

http://www.futureofcapitalism.com/2014/05/restaurant-self-order-kiosks

http://mises.org/daily/6638/Welfare-Minimum-Wages-and-Unemployment


as an aside,we are voting whether to install a Minimum-Wage here in Switzerland or not this very weekend!bigsmile

yep,that's right!

There is NO minimumwage here,and there still might not be!laugh


But don't you also have free college for your citizens? I don't think we'd need a minimum wage here either if we didn't have to pay insane tuition costs in order to get a degree either...
Free?
Not for College or University!
Problem is,that many people really have no use for a College-or University-Degree,and it's simply a matter of prestige,and an expensive one at that!

Correct me if I am wrong, but what your country does is that it teaches skills for work in high school instead of strictly academia. This way people are prepared for skilled labor when they graduate.