Honest invitation to the Leftist Liberals -- please, tell us on the Right what you REALLY want!

no minimum wage jobs are not entry level jobs. Unless you consider 2 years later still entry level. Minimum wage is the minimum you can pay someone for doing something period. If your business plan requires min wage workers to function, you need a better plan. If everybody needs to pay minimum how does that put one company at a disadvantage vs another company.

Take a restaurant for instance, labor is thought to be 30% of revenue on average for a good business plan. If you assume that 50% of the workers are not cooks, managers or those who work for tips, 25% increase in wages for the for those 50% would be an increase in price of what 5%.

 

I must say, I have noticed that several of these 'bodies' in the Forum seem to have sprouted several different 'heads'....

I'm reminded of the line from "I Am The Walrus"... "I am he as you are he as you are me and we are all together...."

The amusing but similar misuse of grammar and identical spelling errors are dead giveaways....

 

If its not your money being put at risk who cares what your uninformed opinion is?

 

Please tell me why my opinion is uninformed? I have helped create business plans for both for profit and 501c. Take one to the bank that depends on min wage workers to succeed and see how uninformed I am.

 

Now re-read what I said, and actually read what those articles say. You will find I am absolutely correct in everything I said.

Especially in terms of the second article, the stock market deals with float shares. I.e only a small number of shares, are available to the public. While the rest are owned by founders, investors and other interested parties. The shares available to the public attract a dividend, while the other shares may not.

It depends on how corporation is set up, and how many VCs rounds were needed to get the business to where it is now. This is all disclosed in shareholder agreements, company charters and other related documents.

Co-op are just private corporations, structured so that the votes are counted by shareholders, while non co-ops votes are counted by shares.