Anyone need a job? NC people only...

[Chimera]

If wages go up and nothing else does than sure that's great. However, if you think that would be the case you aren't living in reality. No one is going to let that eat into their bottom line. Costs will go up on EVERYTHING. So it's the same problem at a different number. Raise min wage to 100 bucks an hour if you think that will make people "feel" better but it changes nothing. The poor will still be poor they will have more paper in their hands but it will be worth less. I don't understand why that's a difficult thing to grasp.

 

here's a list of the richest americans

http://www.forbes.com/forbes-400/list/#tab:overall

 

if you notice, there is one name that appears four times in the top 10. I think walmart, for example, can afford a little wiggle room regarding employee pay.

some businesses may fail, and the ones who do are already in bad shape. the resulting "price increase" is make-believe. look at costco's business model: pay employees well, still better returns than walmart.

[cbully]

As a part time gig it wouldn't be so bad I guess.  Extra money for the holidays kinda thing.

yes

[PandaPancake]

The back of that cat looks similar to one of mine. He is a snowshoe siamese - blue eyes.

He just showed up. We got him to the vet, checked it, vaccinated, chipped, and neutered. I'm calling him Sir Purr.

He was born out in the streets but uses a litter box like any normal cat. He likes to stand on my shoulders when I'm typing up emails and yells at everyone who walks past

[toldozer]

here's a list of the richest americans

http://www.forbes.com/forbes-400/list/#tab:overall

if you notice, there is one name that appears four times in the top 10. I think walmart, for example, can afford a little wiggle room regarding employee pay.

some businesses may fail, and the ones who do are already in bad shape. the resulting "price increase" is make-believe. look at costco's business model: pay employees well, still better returns than walmart.

Costco's is a model and a choice and not a forced model. Could Wal-Mart absorb that cost and still be profitable? Absolutely, however I'd it's a forced move the guys at the top aren't just going to be cool with making less money when their labor cost just DOUBLED.

[CarolinaAllDay]

Nothing you said is accurate

Do u eco101 bro?

When the price of labor increases, the increased cost of doing business gets passed onto the consumer, unless the producer is a "price taker", Meaning they have a small piece of the total marketshare.

[cbully]

Work from home but NC only? Sounds confusing

actually NC is the closest state. I wrote it as NC due to the majority of people here. nevertheless... Arizona, Kentucky, Texas, West Virginia, Delaware, Florida, Georgia, Kansas, North Carolina, Tennessee and Virginia.

[Chimera]

Do u eco101 bro?

When the price of labor increases, the increased cost of doing business gets passed onto the consumer, unless the producer is a "price taker", Meaning they have a small piece of the total marketshare.

 

Could you remind us all what happened when Henry Ford doubled the wages of all his workers?

 

Did the automobile industry crash?

Did Ford Motor Company vanish?

Was the Model T priced out of budget for most people?

[Chimera]

Costco's is a model and a choice and not a forced model. Could Wal-Mart absorb that cost and still be profitable? Absolutely, however I'd it's a forced move the guys at the top aren't just going to be cool with making less money when their labor cost just DOUBLED.

 

read this

http://www.calaborfed.org/index.php/site/page/could_walmart_pay_a_living_wage/

 

 

e: i know you won't, so here is an excerpt:

 

The move would cost Walmart $3.2 billion if applied to all workers in the U.S. – which amounts to about 1 percent of the company’s annual sales. Even if Walmart passed the entire cost of the wage increase on to consumers, we estimate shoppers would pay about $12.50 more per year, or 46 cents per shopping trip--less than the cost of a pack of Tic Tacs at the check-out stand.

[cbully]

Just wanted to say very nice of you to post it here.  Sounds like it would be a very good position for some people. 

just trying to help someone out bro.... realistically its no way everyone on this board is employed and even if so many spouses are not. I didn't think this thread would have taken this type of turn as I posted it and am now just getting back to it. several people pm'ed me so hopefully all will be well for them. considering working solo at home, no gas, no dining out, no clothes, no attitudes, drama, no competition, no stress, and a simple job that just requires you to help people mainly with tracking issues, many more should jump on it too. Super easy and legit with a successful company! Also there is a referral bonus of $250. but I guess in the eyes on some this isn't  a "real job." smh personally "real jobs" are why many are worn down even in their bodies and stressed out and hoping a 7 day vacation will restore them. smh. This is a blessing for others who know how to manage life and work.  

[PandaPancake]

actually NC is the closest state. I wrote it as NC due to the majority of people here. nevertheless... Arizona, Kentucky, Texas, West Virginia, Delaware, Florida, Georgia, Kansas, North Carolina, Tennessee and Virginia.

Thanks for clarifying.

[toldozer]

read this

http://www.calaborfed.org/index.php/site/page/could_walmart_pay_a_living_wage/

e: i know you won't, so here is an excerpt:

We aren't just talking about Wal-Mart though. We are talking across the board. We are also talking about 12 bucks an hour increasing to twenty, twenty and hour to forty and so on. I make more than fifteen dollars an hour you don't think if this takes place that I'm not demanding a raise? If this takes place and you make more than minimum wage you aren't asking for a raise???

[Chimera]

We aren't just talking about Wal-Mart though. We are talking across the board. We are also talking about 12 bucks an hour increasing to twenty, twenty and hour to forty and so on. I make more than fifteen dollars an hour you don't think if this takes place that I'm not demanding a raise? If this takes place and you make more than minimum wage you aren't asking for a raise???

 

I keep mentioning Wal-Mart simply because they are the biggest culprit. They shamelessly tell their employees to seek government aid instead of higher wages. They are also the biggest example showing that higher labor costs = higher prices is a myth.

I know the same scenario doesn't apply to every business. Many poor performing businesses will probably fail if they have to increase labor costs.

 

IMO, fighting to keep wages low shows that you only look at short term effects rather than long term growth. I mentioned Henry Ford to another poster because Ford once doubled the salaries of his workers, then called it the best cost-cutting measure he ever made.

 

Minimum wage laws deal with minimum wage; not with other salaries. If the minimum wage goes to higher than what you currently make, your wages will be adjusted. If your employer does not see fit to adjust accordingly then you are very free to seek other employment. Your employer will deal with the cost of finding and training your replacement, then that person's replacement, and so on until your employer figures out that paying more lowers cost in the long run.

[PandaPancake]

I keep mentioning Wal-Mart simply because they are the biggest culprit. They shamelessly tell their employees to seek government aid instead of higher wages. They are also the biggest example showing that higher labor costs = higher prices is a myth.

I know the same scenario doesn't apply to every business. Many poor performing businesses will probably fail if they have to increase labor costs.

 

IMO, fighting to keep wages low shows that you only look at short term effects rather than long term growth. I mentioned Henry Ford to another poster because Ford once doubled the salaries of his workers, then called it the best cost-cutting measure he ever made.

 

Minimum wage laws deal with minimum wage; not with other salaries. If the minimum wage goes to higher than what you currently make, your wages will be adjusted. If your employer does not see fit to adjust accordingly then you are very free to seek other employment. Your employer will deal with the cost of finding and training your replacement, then that person's replacement, and so on until your employer figures out that paying more lowers cost in the long run.

 

 

We aren't just talking about Wal-Mart though. We are talking across the board. We are also talking about 12 bucks an hour increasing to twenty, twenty and hour to forty and so on. I make more than fifteen dollars an hour you don't think if this takes place that I'm not demanding a raise? If this takes place and you make more than minimum wage you aren't asking for a raise???

 

I would love to get in on this conversation but maybe we should split it off into another thread? As were just bumping cbully's thread for nothing.

[toldozer]

I keep mentioning Wal-Mart simply because they are the biggest culprit. They shamelessly tell their employees to seek government aid instead of higher wages. They are also the biggest example showing that higher labor costs = higher prices is a myth.

I know the same scenario doesn't apply to every business. Many poor performing businesses will probably fail if they have to increase labor costs.

IMO, fighting to keep wages low shows that you only look at short term effects rather than long term growth. I mentioned Henry Ford to another poster because Ford once doubled the salaries of his workers, then called it the best cost-cutting measure he ever made.

Minimum wage laws deal with minimum wage; not with other salaries. If the minimum wage goes to higher than what you currently make, your wages will be adjusted. If your employer does not see fit to adjust accordingly then you are very free to seek other employment. Your employer will deal with the cost of finding and training your replacement, then that person's replacement, and so on until your employer figures out that paying more lowers cost in the long run.

Who was Ford really competing with in the car market at the time though? You can't really compare the past to now. A raise in wage would be a good thing for some companies, but a forced major increase in min wage doesn't accomplish that.