Minimum Wages Goes Up Today
http://money.cnn.com/2007/07/23/news...ex.htm?cnn=yes
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>You know this is good,
No, this is bad. Everybody else's wages just went down. |
It is always bad when government interferes with market forces. Anytime the government manipulates market forces, it is a slap in the face of capitalism and a vote for, well, something else.
In case nobody noticed, the Al-Qaeda attacks were attacks on Western capitalism. They bombed the world TRADE center, the center of capitalism in the western world. I'm sick and tired of two faced politicians comforting the enemy, and/or opposing capitalism and free enterprise which is what made this country great to begin with. Many Americans died so that I would not have a socialistic governments telling me what I must pay people or else go to jail, (if I am allowed to be in business to begin with) |
The WTC was not the center of capitalism in the western world. The NY and London Stock Exchanges (and, to a lesser extent the US Federal Reserve Bank) were/are.
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I am against this minimum wage increase. With that said I guess all the people that work at SBLive will be getting a raise :D
Hey rherz I am so glad to see you put your foot down so hard on something so political :clap: :clap: |
Okay, now the truth comes out. The little people don't count and should not be allowed a raise of any sort. Even the people in fast foods that wait on your sorry butts. If a company owner would give raises without the government making them, then the government would not intervene. It was already said that this was the first raise in 10 YEARS. You can say a company would pay more if the workers worked harder, but you can also say a worker would work harder if the company paid more. Business owners have had 10 years of financial peace without the governments intervention, now it is the workers turn. You know I use to work at a restaurant in Jonesboro, when I started I made 90 cents a hour, when I quit and moved here I was making $3.00 a hour, it took 30 years to get a $2.10 raise. The customers use to tell us we were worth an egg a hour because that is what 1 egg and a piece of toast cost on the menu. So excuse me if I don't have pity for ya.
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Employers (by definition) pay employees what they're worth. Nobody deserves to have their salary artificially inflated by the government, that does nothing but hurt the rest of the country.
If you worked at a minimum wage job for thirty years then there is something wrong with you. At no point in those three decades did you develop a skill that someone in the universe felt was worth more than what the government mandated was the bare minimum allowable by law? How are you able to operate a computer? |
>should not be allowed a raise of any sort.
Who said anything about allowed? We're talking about mandated. The minimum wage is nothing more than welfare that paid directly by the employer instead of filtering through the treasury. "Your skills are actually worth $3/hour, but we're demanding you get paid twice that because...well...because there are a lot of stupid people in this country and they voted themselves money because they don't know anything about economics." |
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I did not work for a straight 30 years for this company, I worked on and off for this company. It was just a tight waded employer that couldn't let go of a nickel, that is the reason the man always needs help, he can't keep help because of low pay. As far as my skill, I can work a computer, I am also a CNA, Emt, a first responder, I also worked in a paper mill, so I have plenty of skills, though it's none of your business what skills I have. I on the other hand wonder about your skills. |
If you weren't being paid what you were worth, why did you work there? Since you agreed to work for that money, you obviously felt you were being compensated appropriately and since the guy is still in business after thirty years he apparently pays his employees an acceptable amount.
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I am not for the increase either. If an employee is good then they will be paid accordingly. Best example, I have two employees, one works for minimum wage and the other I pay $8 per hour. The minimum wage employee sits around watching TV and works very slow while the other does not watch TV and works fast and does a much better job. Neither are well educated. I am not going to pay someone more than they are worth. When the pay goes over $6 per hour I will no longer employ the minimum wage employee, because I am not going to waste my money. Raising the mininum wage may put many people out of work. There are people who have no education, not very bright and efficient, but you hire them since you don't have to pay them much.
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A rose by any other name.....
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Socialism |
I would like to know if there is anyone out there that is not an employer that is against the minimum wage raise.
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The only legal way to earn less than minimum wage is to work for oneself. I earned less than minimum wage this month. Where's my government mandated check? (But I'm not expecting one on any moral basis whatsoever) Another reason minimum wage is a bad idea is that it excluded employers! (the one who should probably be protected the most since we hire others!) |
I have no employees and I oppose the minimum wage increase because I have at least a basic grasp of economics processes and how they affect the economy.
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>You know no one can talk to you. You are rude, sarcastic and annoying to all of us. So blow it out your BUTT.
In case anyone ever wants to know what the logical fallacy known as "ad hominem" looks like, here's a textbook example. When faced with questions the opponent either doesn't understand or doesn't want to answer, the opponent attacks the person that asked the question instead of answering the actual question. |
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Piemaker, it is rare people don't get raises after they have worked for a period of time. The mininum wage is a beginning wage. Normally, if you do a good job then your pay will increase over time. Why do you think college & high school students deserve to make as much as people with years of experience? They are learning how to work.
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This is true they may not need to make as much, I believe if a person stays loyal to a company they should gets raises. But this is the first raise in 10 years, I guess you think the economy has not risen in 10 years. I came from a small town where there was not enough jobs for workers, those companies did not give raises because they didn't have to. In a small town minimum wage is not just a starting wage, it is it. If everyone that had minmum wage jobs went to school to better their self who would then do the job, a retired elderly person that don't count. It may be rare for a person not to get a raise in a large city but it is in a small town. Then you have your CNA's that go to school and they start out at minimum wage. I will tell you because I have been there, It takes a special person to work in a nursing home, they really have to like the elderly and be dedicated, it take alot of patience, love and turning the other cheek to work there. They will never be paid enough in my book. |
Personally, I'm glad minimum wage finally went up. The average cost of living is slowly rising and everyone needs a little bonus every now and then.
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Where I live mostly students receive minimum wage. A greeter at WalMart are nomally retired persons. Why do you think greeting people should be a higher paying job? Most retired people have an income and this supplements their income and gives them something to do. Most people don't settle for minimum wage after they have been in the work force after a period of time. They will move to get a better job.
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On top of that, it shows quite a lack of faith in a person to believe they need the government to artificially increase their wage rather than the free market and the person's abilities set the price. |
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I beg to differ, if a retired person has 30 to 40 years paid on a house, they are not just going to move on a whime. Why do you think they don't deserve to get a raise in minimum wage. If a person has invested 30 to 50 years in a job to retire and they work to supplement their income, your saying they don't deserve it. Listen to the news it is filled with stories of elderly who can't afford their medicine on a fixed income or have trouble paying utilities on a fixed income because of high fuel cost. Besides you ask awhile ago why I thought a student deserved a higher wage, but you say you live in a place where mostly students recieve minimum wage, but they don't deserve a raise. |
>Personally, I'm glad minimum wage finally went up. The average cost of living is slowly rising and everyone needs a little bonus every now and then.
That's shows an incredible lack of understanding. You know one of the best ways to raise the cost of living? Increase the minimum wage. The least productive members of our society just got raises. Everyone else just got a pay cut. |
<That's shows an incredible lack of understanding. You know one of the best ways to raise the cost of living? Increase the minimum wage>
What a joke, HaHa, very funny. The cost of living has been rising for several years with fuel adjustments on your lights. gas for your home, gas for your car and minimum wage ain't went up in 10 years. Funny! |
Rhertz, I agree it is not fair. An employer offers a job at a rate of pay he can afford. An individual has the right to accept it or look for a higher wage. If an employer does not give them a raise then the employee has the right to seek another job with higher pay. Me for instance cannot afford to pay someone over $6 to clean my house who works slowly. I will have to let them go. This person has no transportation and depends on employer to give them transportation. How many people are going to be willing to hire this person? She is much better off receiving minumum wage at $5.15 an hour than nothing. She also gets $350 in food stamps each month. I pay social security on her and do not deduct her part out of her pay. She pays no taxes. There is no way I am going to pay someone over $7 an hour to watch TV and do a job that takes 4 hours in 8 hours. I feed her and pay her while she eats, too. I have to hire another person to come every other week to do the work she does not do. I also clean up after her after she leaves. Some people don't deserve to be paid more and these are the people who will suffer. Pay should be determined on perfomance. My husband gets raises he never asks for because he is valuable to his employer.
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You know we talked about fast food and waiters and waitress that only make $2.13 an hour because of tips. A tip is another name for gratiuty. Do you know what that means?
<gra·tu·i·ty /grəˈtuɪti, -ˈtyu-/ Pronunciation Key - Show Spelled Pronunciation[gruh-too-i-tee, -tyoo-] Pronunciation Key - Show IPA Pronunciation –noun, plural -ties. 1. a gift of money, over and above payment due for service, as to a waiter or bellhop; tip. 2. something given without claim or demand. > It's a gift, not everyone tips these days. Also what I said about you being the reason that woman does what she does, I may have said that wrong. I know some people are kind hearted and when they try to help someone like a job, they tend to over look their sloppy work habits. It was really nothing against you. |
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Your comment about waiters and waitresses, they should be paid minimum wage and not under. I don't see how employers got away with this over the years. It is not all black and white. There are a lot of grey areas. The private sector will be hurt by this increase. Many people will lose jobs. |
The government should not be able to tell a business owner how much he or she should have to pay workers. This will drive up the cost of doing business and cost to the consumer and then the democRATs will blame this on the GOP and use it as another one of their nasty little political tools. All in the name of helping the little man and to buy votes.
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So true Isaac!
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Mr. Speaker, I appreciate the opportunity to explain why I oppose a bill to raise the federally-mandated minimum wage. Raising living standards for all Americans is an admirable goal, however, to believe that Congress can raise the standard of living for working Americans by simply forcing employers to pay their employees a higher wage is equivalent to claiming that Congress can repeal gravity by passing a law saying humans shall have the ability to fly.
Economic principles dictate that when government imposes a minimum wage rate above the market wage rate, it creates a surplus `wedge' between the supply of labor and the demand for labor, leading to an increase in unemployment. Employers cannot simply begin paying more to workers whose marginal productivity does not meet or exceed the law-imposed wage. The only course of action available to the employer is to mechanize operations or employ a higher-skilled worker whose output meets or exceeds the `minimum wage.' This, of course, has the advantage of giving the skilled worker an additional (and government-enforced) advantage over the unskilled worker. For example, where formerly an employer had the option of hiring three unskilled workers at $5 per hour or one skilled worker at $16 per hour, a minimum wage of $6 suddenly leaves the employer only the choice of the skilled worker at an additional cost of $1 per hour. I would ask my colleagues, if the minimum wage is the means to prosperity, why stop at $6.65--why not $50, $75, or $100 per hour? Those who are denied employment opportunities as a result of the minimum wage are often young people at the lower end of the income scale who are seeking entry-level employment. Their inability to find an entry-level job will limit their employment prospects for years to come. Thus, raising the minimum wage actually lowers the employment and standard of living of the very people proponents of the minimum wage claim will benefit from government intervention in the economy! Furthermore, interfering in the voluntary transactions of employers and employees in the name of making things better for low wage earners violates citizens' rights of association and freedom of contract as if to say to citizens `you are incapable of making employment decisions for yourself in the marketplace.' Mr. Speaker, Congress should not fool itself into believing that the package of small business tax cuts will totally compensate for the damage inflicted on small businesses and their employees by the minimum wage increase. This assumes that Congress is omnipotent and thus can strike a perfect balance between tax cuts and regulations so that no firm, or worker, in the country is adversely effected by federal policies. If the 20th Century taught us anything it was that any and all attempts to centrally plan an economy, especially one as large and diverse as America's, are doomed to fail. In conclusion, I would remind my colleagues that while it may make them feel good to raise the federal minimum wage, the real life consequences of this bill will be vested upon those who can least afford to be deprived of work opportunities. Therefore, rather than pretend that Congress can repeal the economic principles, I urge my colleagues to reject this legislation and instead embrace a program of tax cuts and regulatory reform to strengthen the greatest producer of jobs and prosperity in human history: the free market. -- Ron Paul |
LOL, I was reading and I was thinking, wow he is so right and great points, truly impressed with Latenight then I see the name Ron Paul at the end. Anyway, Ron Paul could not have said it better. The little man will be the one who suffers in the end. Unemployment will rise.
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You know I don't understand why all of you are griping and so against the minimum wage increase. This raise only affects a small portion of workers. If you already make above minimum wage then you will not be getting a raise. It is to help the little people catch up with the economy. You can talk how the people needs to go to school to improve themselves but someone still has to do these jobs. It is also fine and good when you can sit in judgement of these people in your life, with your family and home and you have alot of single parents with children trying to do the best they can with what they can get. If you really understood you know life throws things at people out of the blue. A man dies and the wife has never worked, she has kids she has to take care of. It happens. Sure there are some people in these low paying jobs that are worthless and sorry but those same type of people run your big corperations too. Do you think a CEO of a corperation should deserve to make 6 figure paychecks? I have been where the little people are and unless you have you will never know how they feel. You can also say if a person doesn't like what they are being paid, quit and go somewhere else, but then the boss that pays low will not keep workers. Big amounts of turn overs cost more than a faithful employee that stays put. Have you ever been in a business when everytime you go there someone knew is working and you wonder what is going on.
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