American Wages, the Minimum Wage and Income Brackets

Discussion in 'Economics & Trade' started by Kari Sims, Mar 25, 2019.

  1. Robert

    Robert Well-Known Member Donor

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    San Francisco hijacked the companies in it's city and has been losing restaurant upon restaurant.

    [​IMG]

     
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  2. Robert

    Robert Well-Known Member Donor

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    Business has to please, workers, customers and the lawmakers.
    When business starts up, a common problem is short of capital. They work longer hours to make up for it. They skip vacations. So why pay workers a huge wage when the owners get pennies back?
     
  3. danielpalos

    danielpalos Banned

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    higher paid labor pays more in taxes and creates more in demand.
     
  4. Robert

    Robert Well-Known Member Donor

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    The labor is more of a write off for business. And where is the theory saying higher wages causes a rise in demand? I see it causes a rise in costs though.
     
  5. Robert

    Robert Well-Known Member Donor

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    May i suggest you never attempt to start a business. For your own sake, you show how to lose your capital.
     
  6. danielpalos

    danielpalos Banned

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    The least wealthy tend to spend most of their income; we "get the biggest bang for our buck" there.
     
  7. Robert

    Robert Well-Known Member Donor

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    Yes but booze is not the best cure for an ailing economy.
     
  8. danielpalos

    danielpalos Banned

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    why should i waste my time, if I can Only make it on cheap labor instead of creating demand for a commercial product.
     
  9. danielpalos

    danielpalos Banned

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    your special pleading, not mine.
     
  10. hudson1955

    hudson1955 Well-Known Member Past Donor

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    Small employers employ a large percentage of workers. When they put more regulations on these businesses while their cost of doing business continues to increase they cannot afford to raise employee wages. Many businesses went bankrupt or were forced to close under the Obama Administration. Larger Corporations, such as McDonalds and similar size businesses can afford to raise wages and still make a profit. Apartment rents are out of sight as is the cost of food and transportation. Doctors I solo practices are barely making it due to the high cost of new regulations under ACA.

    The federal government is to big. We don't need the department of education, we did better without it.just one example of government over reach.
     
    Last edited: Apr 16, 2019
  11. LafayetteBis

    LafayetteBis Well-Known Member Donor

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    The present situation of the working-poor has become acute because of two historical factors:
    *The advent of the Information Age, which replaces industrial jobs lost in the past Industrial Age. Those jobs were displaced to the Far East in the 1990s.
    *No modern western country is/was "saved" from the disastrous effects on entry-level jobs that have hightailed it to China. (Which is an inescapable historical fact and not only in the US!)
    *American voters are unaware of the consequences of the Great Recession, which has meant that (in 2008, ten years after the advent of Information Age and Internet) a higher level of knowhow was necessary to find a decently-paid job. Meaning the the requirements for many, many jobs is an advanced schooling-degree. That requirement is the prevailing factor today when more than half students who graduate with a high-school degree DO NOT PURSUE A POSTSECONDARY-LEVEL diploma! Whyzzat?!?
    *Because even at the entry-level (vocational), such training is far too expensive for the poorest household. (Or, there is simply no motivation to undertake the training.)
    *Uncle Sam must get off his FAT-ARSE and start educating his youth for the Information Age, where - regardless of discipline - manipulating computers and databases
    thoughtfully are necessities. And he must do so free, gratis and for nothing for all who subscribe to such courses in state-schools! We, as a nation, can no longer afford to fund a DoD that swallows (this year) 52% of Uncle Sam's Discretionary Budget. (See here!)

    Waiting for a cogent reply on your part. But, confident that you haven't got one ...

     
  12. LafayetteBis

    LafayetteBis Well-Known Member Donor

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    From here:

    (Costs below are ANNUAL!)
    Is an average fee at a post-secondary state-school (including Room&Board) of $12K too much for the state and Federal governments to assume?

    And if not, why not!?!
     
  13. LafayetteBis

    LafayetteBis Well-Known Member Donor

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    One-liner sarcasm is hardly suitable in a Debate Forum.

    Perhaps you would be happier on a Message Board ... ?
     
  14. LafayetteBis

    LafayetteBis Well-Known Member Donor

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    Bollocks!

    Given the fact that soooooo FEW of any graduating generation actually achieves ATTAINING an advanced degree, it is very indicative that cost is the major issue. To wit (from here):
    So, instead of wasting money on the DoD, why not make an investment in our children's future? Let's fund (state and Federal governments together) the post-secondary education of our children. It will prove to be a LOT CHEAPER than paying Unemployment Benefits!

    The "payback" would be far more important for the entire nation ...
     
  15. LafayetteBis

    LafayetteBis Well-Known Member Donor

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    Or here: Evolution of US University Attendance Costs

    AVERAGE ANNUAL COSTS:
    Public two-year schooling fee (in District): $12,320
    Public four-year schooling fee (in State): $21,370

    Not that expensive! Then why do so few students take the courses?

    NB: All that need be done is make those fees above (only state-schools) tax-deductible!
     
    Last edited: Apr 16, 2019
  16. danielpalos

    danielpalos Banned

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    a fifteen dollar an hour minimum wage is a cost of living adjustment; Labor must be able to afford our First World economy.
     
  17. Ddyad

    Ddyad Advisor Staff Member

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    Will only idle the poor and help Big Business. Any collective interest in helping unskilled workers should be addressed with a direct subsidy from government.
     
  18. Ddyad

    Ddyad Advisor Staff Member

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    SF is just another example of a failed DP ruled urban Hell Hole.

     
  19. Ddyad

    Ddyad Advisor Staff Member

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    1. Uncle Sam Can't educate.
    2. All of our collapsing DP run urban Hell Holes reveal unlimited entry level unskilled jobs - but not for the minimum wage.
     
  20. danielpalos

    danielpalos Banned

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    why is that?
     
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  21. danielpalos

    danielpalos Banned

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    Upgrading our blue Cities could include public facilities.
     
  22. Ddyad

    Ddyad Advisor Staff Member

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    The minimum wage helps Big Business eliminate competitors.
    Most unskilled workers, especially those with no work history are worth very little to the individuals and small businesses who might employ them.
    It would be worth a great deal to the community as a whole to get these idled Americans into the workforce.
     
  23. Ddyad

    Ddyad Advisor Staff Member

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    The best solution would be jobs for those who can work, and strictly enforced vagrancy laws and public facilities for those who are unable to take care of themselves.
     
  24. danielpalos

    danielpalos Banned

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    increasing the minimum wage is one way to increase market participation for Labor.
     
  25. danielpalos

    danielpalos Banned

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    why so much socialism? i thought you were for capitalism.
     

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