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Old 02-12-2013, 07:16 PM  
Count Zarth Count Zarth is offline
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Obama wants to raise minimum wage to NINE DOLLARS AN HOUR



@RyanLizza: Obama will call for raising the federal minimum wage to $9.00/hour.
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Old 02-12-2013, 09:57 PM   #46
mnchiefsguy mnchiefsguy is offline
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Originally Posted by J Diddy View Post
I remember when the minimum wage went up in 08 (I think). It wasn't an automatic wage increase for everyone. Plus they did it in 2 steps.
It was not an automatic wage increase for all. But the economics of raising the minimum wage put pressure on salaries across the board, up to a certain point. That is just reality....if your fast food worker is making $7.25/hr, and his immediate supervisor is at $9.00 an hour, do you think that the supervisor is going to be happy keeping the same pay rate?

Raising the minimum wage raises prices for customers also.
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Old 02-12-2013, 10:03 PM   #47
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I don't care if you want to give the kids and losers a couple bucks more an hour. It is meaningless to me, but let's not pretend that these are big contributors to society or anything.
Depends on how hard they want to work and what they want their life to be.

I started out in minimum wage. Didn't think it was a very good place to be and decided to GTFO. It's up to the individual.

It's just to keep up with inflation. No one is getting rich and no business has ever went under thanks to a minimum wage increase.
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Old 02-12-2013, 10:08 PM   #48
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Does it come with Obama care ?
Everything gets the Obamacare treatment.
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I believe Hitler hated Jews and had a lot of them killed. I dont believe it was anywhere close to 6 million though. I'm not an anti-semite; I just think that number has been severely inflated and there is a lot of evidence that supports this belief.
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Old 02-12-2013, 10:09 PM   #49
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Originally Posted by mnchiefsguy View Post
It was not an automatic wage increase for all. But the economics of raising the minimum wage put pressure on salaries across the board, up to a certain point. That is just reality....if your fast food worker is making $7.25/hr, and his immediate supervisor is at $9.00 an hour, do you think that the supervisor is going to be happy keeping the same pay rate?

Raising the minimum wage raises prices for customers also.
Yup. The cost of virtually every consumer good is going to go up and fairly substantially in many cases.

In the meantime, 90% of heads of households aren't going to see an increase in their wages to offset it.

The idea that there is this massive segment of America that is trying to feed families off minimum wage is just bullshit. Some of them may start at that rate but they're full time laborers that are competing against high school/college aged kids and/or people that are moonlighting in an area or doing it for reasons other than pure economics. They rapidly get raises that put them above 7.25.

Minimum wage increases are by and large bad for 'working class' families and worse for the economy at large.

But hey, why expect economic sanity when there are cheap political points to be earned and populist axes to grind?
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Old 02-12-2013, 10:11 PM   #50
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This is ridiculous! MINIMUM wage is not for someone to live on, its an entry level job, designed to get you in the door and work your way up.

I employ a young man, for more than the current minimum wage and he is working his way up the ladder. Had I been forced to pay him 9.00 an hour in the beginning, I probably wouldnt have hired him.

This isnt a career position, its an entry level position that people should have access to. This young man is right out of high school and is doing quite well for someone in his position.

Minimum wage isnt for someone to raise a family on, its to get a JOB and see what you can do with it...

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Old 02-12-2013, 10:11 PM   #51
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Originally Posted by BigRedChief View Post
Depends on how hard they want to work and what they want their life to be.

I started out in minimum wage. Didn't think it was a very good place to be and decided to GTFO. It's up to the individual.

It's just to keep up with inflation. No one is getting rich and no business has ever went under thanks to a minimum wage increase.
None of this is a reason to give these people more money.
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Old 02-12-2013, 10:12 PM   #52
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Originally Posted by chiefforlife View Post
This is ridiculous! MINIMUM wage is not for someone to live on, its an entry level job, designed to get you in the door and work your way up.

I employe a young man, for more than the current minimum wage and he is working his way up the ladder. Had I been forced to pay him 9.00 an hour in the beginning, I probably wouldnt have hired him.

This isnt a career position, its an entry level position that people should have access to. This young man is right out of high school and is doing quite well for someone in his position.

Minimum wage isnt for someone to raise a family on, its to get a JOB and see what you can do with it...
It's called buying votes
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Old 02-12-2013, 10:12 PM   #53
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It's the safest welfare program going. Mandate a higher minimum wage, blame resulting price increases on greedy business. It's a beautiful thing.
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Old 02-12-2013, 10:14 PM   #54
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Originally Posted by BigRedChief View Post
Depends on how hard they want to work and what they want their life to be.

I started out in minimum wage. Didn't think it was a very good place to be and decided to GTFO. It's up to the individual.

It's just to keep up with inflation. No one is getting rich and no business has ever went under thanks to a minimum wage increase.
Nah, that's why tons of jobs are flowing to the Chinese sweat shops and the hiring of illegal immigrants is soaring.
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Old 02-12-2013, 10:18 PM   #55
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Oh, what the hell. At least this will make it a little easier for minimum wage workers to pay their fines when they don't buy health care coverage.
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Old 02-12-2013, 10:18 PM   #56
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It's called buying votes
I dont believe its buying votes, but I do think its a way to say the average American is making more than when I took office.
Very disappointing and a cheap way to improve some statistics. In the end it wont benefit the employment numbers or small business.
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Old 02-12-2013, 10:19 PM   #57
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It's called buying votes
It may be pandering but only the Democrats give a shit about those working Americans living below the poverty line. So, it is doing the bidding of the people that got you elected. Like the Republicans putting all the Wall street and billionaire loopholes in the tax code.
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I believe Hitler hated Jews and had a lot of them killed. I dont believe it was anywhere close to 6 million though. I'm not an anti-semite; I just think that number has been severely inflated and there is a lot of evidence that supports this belief.
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Old 02-12-2013, 10:52 PM   #58
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Depends on how hard they want to work and what they want their life to be.

I started out in minimum wage. Didn't think it was a very good place to be and decided to GTFO. It's up to the individual.

It's just to keep up with inflation. No one is getting rich and no business has ever went under thanks to a minimum wage increase.
I can tell you this - it's going to cost someone with a family a job at my firm.

We hire a lot of college labor to do basic prep work. It's fairly easy stuff but it's easy resume padder and we offer extremely flexible hours so we have a ton of college kids that take the jobs.

Jumping minimum wage to 9 will cost my firm about $40K (and that's conservative; even the kids we're paying $8 or more an hour are going to get sizeable bumps as well). We can't get rid of the college kids; they do the ministerial labor that has to get done. At the same time, we don't have the profit margin to just eat it. That money has to come from somewhere.

So the moment this passes, 4 of us are going to have to sit down and figure out which manager we're going to have to fire. There are 3 of them on the block and they all have families.

This is ****ing stupid. From both a macro and micro economic perspective it makes absolutely no sense. When applied to my company it will make no sense. This goddamn politician that knows nothing about the private sector continues to punish those of us that are desperately trying to keep businesses afloat to score cheap populist points.

This infuriates me. I'm going to have to fire trained, quality staff so I can give more money to my completely fungible staple monkeys.

And why? Because your populist Messiah doesn't know how the real world operates and you and the rest of your mindless followers won't call him on any of this idiocy.

This is reckless and it's irresponsible. It's politics ahead of pragmatism and it's par for the course for the empty suit you so blindly follow.
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Old 02-12-2013, 10:55 PM   #59
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Well, relax a little.

I'd be surprised if he actually gets this pushed through.

He can't change minimum wage with a friggin' executive order can he?
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Old 02-12-2013, 10:57 PM   #60
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Originally Posted by DJ's left nut View Post
I can tell you this - it's going to cost someone with a family a job at my firm.

We hire a lot of college labor to do basic prep work. It's fairly easy stuff but it's easy resume padder and we offer extremely flexible hours so we have a ton of college kids that take the jobs.

Jumping minimum wage to 9 will cost my firm about $40K (and that's conservative; even the kids we're paying $8 or more an hour are going to get sizeable bumps as well). We can't get rid of the college kids; they do the ministerial labor that has to get done. At the same time, we don't have the profit margin to just eat it. That money has to come from somewhere.

So the moment this passes, 4 of us are going to have to sit down and figure out which manager we're going to have to fire. There are 3 of them on the block and they all have families.

This is ****ing stupid. From both a macro and micro economic perspective it makes absolutely no sense. When applied to my company it will make no sense. This goddamn politician that knows nothing about the private sector continues to punish those of us that are desperately trying to keep businesses afloat to score cheap populist points.

This infuriates me. I'm going to have to fire trained, quality staff so I can give more money to my completely fungible staple monkeys.

And why? Because your populist Messiah doesn't know how the real world operates and you and the rest of your mindless followers won't call him on any of this idiocy.

This is reckless and it's irresponsible. It's politics ahead of pragmatism and it's par for the course for the empty suit you so blindly follow.

Raising the minimum wage sounds good in a political speech, but does not have such a positive impact on real life, as the above example of unintended consequences shows.

Business's will have a choice to make....pass the cost along to customers, or trim back payroll in other areas to keep their costs in line. When business does the later, it is the middle class, middle manager who suffers.
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