Isabella, I understand what you are saying but there is one thing that differs here. You are not a business that makes money, you hire someone to clean your house, you don't have to pay minimum wage. You can set your own amount. I'm sure the wage increase is for businesses.
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Piemaker, you are missing the point everyone is trying to make to you. Many businesses cannot afford the increase in minimum wage to over $7 per hour. They will eliminate jobs then the people you are referring to will not have a job. Another point, they will have to increase the price for services/goods. Cost of living will increase. They will not be better off. If an employer is making enough profit they will increase their rate of pay to employees who deserve it. Employers should have the freedom to make this decision themselves, not the federal governmemt. I have tried to explain it as simple as I can for you.
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I agree with Pie. The minimum wage increase will only effect people who are working minimum wage jobs.
Also, we need to be clear about one thing. Productivity has nothing to do with how much a particular field of employment pays. What makes one field of employment pay more than another? Is the productivity? NO! It's the rarity of the skills needed to fill that position. I've worked in McDonald's before, flipping hamburgers, and I will admit that I worked longer and harder hours doing that then the standard 9 to 5 job I work now. Yet, my current job pays more. Personally, I think if far fewer people flocked to these minimum wage jobs, the demand for these jobs would increase, causing an increase in pay for that field. That's supply and demand for you. Maybe employment just isn't dispersed enough, but what can you do short of supporting communism? |
Piemaker, please don't take offense. I don't mean to be picking on you. You are not looking at the whole picture, though. It would be wonderful if everyone could make higher wages.
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I can agree that if a company can't afford to pay the higher wage, than they will likely increase the cost of their goods. However, if the company pays higher than minimum wage to begin with, they could expect a more generous productivity from their employees, thus higher income for the overall company. When such minimum wage raises like this come along, the company would not be effected in the least.
It's really a competition between worker and boss. Both are trying to make more money from the other. If the boss demonstrates that he is willing to toss a bone once in a while, than the worker will likely work harder. After that, it is up to the boss to decide if the worker's performance meets the reward. |
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You can not blame the wage increase for the cost of living increase. The cost of living increase is because of the government and your big oil companies and companies like sweepco that has no competition for their product. Do you think sweepco would have as many customers for power if there was another company with cheaper rates. That is another case of your supply and demand. They supply power, there is a demand for it but there is no competition so they charge whatever they want to a certain point. It's pay what we charge or we'll cut you off. Great for supply and demand. Another thing that affects the cost of living, people like that CEO of Enron, how many people did he put the shaft too? No the wage increase was not responsible for that.
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I will have to weigh in on this one. What it comes down to is we will have to do more with less. In the end the people living on the bottom level of income will find themselves with out a job. The sad part is the people with out money will vote for the people that are doing this to them.
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Also do you think our elected people deserve the big bucks they make. A lot of our polticians own business that they make money at but they still draw enormous paychecks from us. And we give them the power to vote theirself a raise when they want.
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I grew up during the cold war with the Soviet Union. As a child we had an former Soviet citizen who excaped that country come and speak to our class and explain how in the USSR, garbage men and doctors all made the same salary, and the government told you what your job is going to be. Government intervention such as minimum wage laws bring our country one step closer to that goal of "fairness for all" (socialism). If you are counting on government laws to provide fairness, and not the natural laws of supply and demand, then you will be disappointed time and time again and will never earn a chance to become truely independent. I think that government is like crack, every addictive. Once you are high on government, it is hard to get off it. |
Piemaker, if an employer refuses to give raises then don't work for this company. Truth of the matter there will always be those at the bottom of the totem pole who will never be able to better themselves. Some causes are lack of education, lack of experience, lack of intelligence, and laziness.
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I believe I can speak from both ends you keep referring to Pie. I have been the low wage earner and now can speak as the business owner. The minimum wage increase is not going to be all that you think it is. It is going to hurt business owners which will in fact trickle down and hurt the worker. Business owners can not continue to keep having to fork out large wages, insurance, taxes, etc. It is becoming more impossible for some of these people to stay in business. I understand (but don't agree with) why so many do hire illegal aliens. We've had many construction workers and the such at our house over the last couple of years. The Mexican will get out here and work an American boy under the table and then some for $5.00 an hour. But that white boy expects $10.00 an hour and won't hardly work. Where is the fairness in that? Who wants to pay for that? Not me. My husband came from absolutely nothing. Grew up in a house with holes in the floor. He worked minimum wage jobs and put himself through college and medical school. He never ever whined about that minimum wage and how he was OWED more. He MADE it happen for himself. Anybody and everybody has the same opportunities that he did and can do the same thing he did. He put himself through school with the minimum wage, took care of a family while doing it, had student loans, grants, etc. so it is all possible. It is a matter of what is important to you. I too at one point was a single parent making little money but I worked hard. I proved myself to my employers and got raises one right after the other. Before I knew it I was making more than ever. It certainly wasn't six figures but it was good money. It was about working hard and proving myself. I never stopped and whined about that minimum wage. I just kept working hard which is how I got ahead. Everybody can do this. You just have to try. |
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>If you already make above minimum wage then you will not be getting a raise.
Correct, you're getting a pay cut. >So the answer is to keep the little guy down no matter what. No, the answer is the little guy is no more important/deserving than the big guy. If anything he's less. |
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Piemaker, if the employer will not pay you what you expect to be paid then quit. It is that simple. If no one will work for him then he will have to offer more.
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Let's check some six figure pay and see if these people deserve what they get.
From The Congressional Institute: Representatives and Senators currently earn $165,200 per year The Majority and Minority Leaders in both the House and Senate and the President pro tempore of the Senate earn $180,100. The Speaker of the House earns $208,000. -------------------------------------------------------------------------- Salary Effective Date $165,200 January 1, 2006 $162,100 January 1, 2005 $158,100 January 1, 2004 $154,700 January 1, 2003 $150,000 January 1, 2002 $145,100 January 1, 2001 $141,300 January 1, 2000 $136,700 January 1, 1998 $133,600 January 1, 1993 $129,500 January 1, 1992 Nice raises every year, they deserve every penny uh. Most of these people own businesses in the private sector that they make money from. |
I think we disagree on the principle. No one is against the little man. Most just plain think it will not work.
I would love to see a better living for all. But the federal government is not going to do that simply by mandating it. I'm in sales. Everytime I ask my boss for a raise he says "great, go out and earn yourself one." |
>do you think a CEO that makes six figures is worth the pay he gets. Name one that is worth six figures
Almost all of them. $100,000 isn't a lot of money for the job of running a company, especially if your performance means the difference between billions lost or made. >I would love to see a better living for all. No, you wouldn't. If everyone had the same standard of living the world would be a miserable place because we'd all be dirt poor. Economics is about relative values. If you gave everyone in the US $100,000 tomorrow it would be financially devastating, we'd all of a sudden be a lot poorer. |
This Agreement, made and entered into on this ____ day of __________,
_____, and made effective as of August 13, 2001, by and between ENRON CORP., (Company") and KENNETH L. LAY ("Employee"), is an amendment to that certain Employment Agreement between the parties entered into and made effective on December 9, 1996 (the "Employment Agreement"). "3.1 BASE SALARY. During the period beginning on the Effective Date and ending on December 31, 1996, Employee shall receive an annual base salary equal to $990,000, which increased to 1.2 million dollars on May 1, 1997 and then increased to 1.3 million dollars on May 1, 1998 through January 31, 2001. For the period beginning February 1, 2001 and ending August 12, 2001, Employee shall receive a minimum annual base salary equal to $975,000. Effective August 13,2001, Employee's minimum annual base salary shall be increased to $1,000,000.00. He deserved it didn't he, he screwed Thousands of former Enron employees that saw their retirement funds disappear when the energy giant collapsed. |
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Pie, I understand exactly where you are coming from with your beliefs, and it scares the living hell out of me knowing elections are coming up. You aren't going to like hearing this, but you are a prejudiced person - not based on race.... Maybe based on gender (read your own signature)..... and definitely based on those who make 6 figures. You believe they should give a little of that up unconditionally to poor people, just say so and move on... I'm not saying that is even a bad thing. That is what churches, non-profits, and good samaritans do. That is their purpose in the scheme of things. But not big overnment........nuf said... |
Yes, he deserved it, he made the company and its stockholders billions of dollars. He was also a crook, but that has nothing to do with his performance as a CEO. Enron was actually an incredibly successful company and practically invented the energy trading business. The fact that some insiders got even greedier and broke the law doesn't change that. How many of you out there actually know (without googling it) what exactly Enron did wrong?
If a man's labor makes your company ten billion dollars, why is $100,000 too much money to pay him for it? That's one hundredth of one percent of the value he added. And he's not in jail, he died. |
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