I don't like Freetrade.

Discussion in 'Economics & Trade' started by The Rhetoric of Life, Mar 21, 2019.

  1. Longshot

    Longshot Well-Known Member

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    So then the poor guy doesn't get hired. I hope you're happy.
     
  2. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    No problem, we can move the job to China and don't have to pay them the minimum wage here.
     
  3. Longshot

    Longshot Well-Known Member

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    I wonder why everyone in the US doesn't make only minimum wage. If that's all the law requires, then why do employers pay more than what the law requires?
     
  4. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    The question is would there be enough of these better paying jobs for everyone if everyone were so qualified.

    What we've seen in the past is that as qualifications increase, the level of required qualifications go up. It maintains a sort of equilibrium.
     
    Last edited: Apr 16, 2019
  5. Longshot

    Longshot Well-Known Member

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    According to the law, nobody should be making more than minimum wage.
     
  6. gnoib

    gnoib Well-Known Member

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    Nope they get hired, because the minimum wage covers the most lowly jobs.
    But, it increases every wage bracket above it. If minimum goes up $1.00, the current above minimum will go up $1.00 and so on.
    I am in a business were unskilled labour are your employees, it requires the ability of physical work.
    CO had Federal + inflation adjustment. Than CO voted on increasing the minimum over 4 years to $12.00. It is at the present at $11.32.
    Next year it will be $12.00.
    Did I have to increase my prices, every year by 10%, NO.
    Did the prices in CO go up every year by 10% no.
    Did I have to release any employees, No.
    I increased over 2 years my prices by 5% and covered the 4 years hike.
    There a to many jobs in the Service industry, which needs only unskilled labour. They even do not need to read and write, they just need to be able to do a manual and physical job.
    But, they have the need to earn a wage, with 40h a week, that gets them through a pay period.
     
  7. Longshot

    Longshot Well-Known Member

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    Let's say that the minimum wage is $15/hour. Let's say that you're a worker who can't contribute $15/hour of profit. What employer is going to hire you at a loss?
     
  8. gnoib

    gnoib Well-Known Member

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    This is the people I have employed for over 30 years. Small business. So I know every employees story.
    I average about 10 years of employment per employee.
    Its a minimum wage job, no skills required, we teach you what is needed.
    Its honestly the bottom line of a job and requires serious physical work.

    Who comes and fills out an application, the desperate, because neither SSI or any service will get them enough to support themselves and their kids and what ever family attachment they might have.
    That's the folks the service industry uses and abuses, if allowed.
    Most of them live on the edge, from paycheck to paycheck, hardly able to make it from paycheck to paycheck.
    I forgot how many I bailed out from loan sharks.
    They are so frisking desperate to make that buck, to keep that 40 year old trailer in a trailer park, if they can't the bridge is their next home.
     
  9. gnoib

    gnoib Well-Known Member

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    If they want, they should volunteer, they don't need the money.
     
  10. Longshot

    Longshot Well-Known Member

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    So, if their skills aren't worth the minimum wage they are not allowed to be hired? Harsh, man.
     
  11. Longshot

    Longshot Well-Known Member

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    Uh..what? What if a person needs money and is willing to work for less than the minimum wage. You want to prevent them from doing so? That's cruel.
     
  12. gnoib

    gnoib Well-Known Member

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    It is the employers job to make a $15 employee profitable.
    You have to make it work, who cares if utilities go up by 10, 15 or 20%, or if a trade war makes spare parts or materials 25% more expensive, or the goods you sell.
    That's my job and I better do it right.
    If $15 is the wage I have to make it work, because $15 gets me still the bottom of the unskilled workers, which I need, nobody else will do the job, service industry.
    If $ 15 is the lowest level, than $18 or 20 and 25 are the next level.
    If you can not cope, well you have made a mistake, when 3.25 was the wage and fuel cost 50 cents.
    It is my duty as a employer and business owner to make it happen
     
  13. Longshot

    Longshot Well-Known Member

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    An employer is not going to hire a $3.50 employee for $15.00. The employer will pass that person over, and hire a $15.00 employee. The $3.50 employee, who would have been happy to work for $3.50, is now SOL.

    Very cruel, in my opinion.
     
  14. gnoib

    gnoib Well-Known Member

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    Please.
    Do not put words into my mouth.
     
  15. Longshot

    Longshot Well-Known Member

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    If their skills aren't worth the minimum wage, then the are not allowed to be hired. That is harsh and cruel. Everyone should be allowed to be hired for whatever their price.
     
    Last edited: Apr 16, 2019
  16. gnoib

    gnoib Well-Known Member

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    No, I want the Me to pay them a proper wage, without having to sell themselves, out of desperation.
     
  17. Longshot

    Longshot Well-Known Member

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    Huh?
     
  18. gnoib

    gnoib Well-Known Member

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    Nope, since I need the 3.25 which is today a 11.32 I will hire them
     
  19. gnoib

    gnoib Well-Known Member

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    I thought that would fly by you.
    Wuuuuuuuuuuuuuuuuuuuuush
     
  20. Longshot

    Longshot Well-Known Member

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    huh?
     
    Last edited: Apr 16, 2019
  21. gnoib

    gnoib Well-Known Member

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    That is rather silly.
    The law says in CO 11.32 for the lowest job and that is what those folks compete with, the most unskilled workers around, the bottom line.
    It does not matter what you offer to earn, you have to be able to do that job, bottom line job, reliable.
    11.32 is what it is, just show up and be reliable, every day, nothing else.
     
  22. gnoib

    gnoib Well-Known Member

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    I know, to complicated.
     
  23. Longshot

    Longshot Well-Known Member

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    Employers hire workers to make profits. If a worker can't contribute $15.00 to profits, the employer will not hire them.

    I don't think it's cool to price the most needy of us out of a job.
     
  24. FreshAir

    FreshAir Well-Known Member Past Donor

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    and the greedy sob of a employer that wont pay min wage goes out of business and a new one takes over that will hire him, so yes, I am happy not being a 3rd world country that you seem to want
     
    Last edited: Apr 16, 2019
  25. Longshot

    Longshot Well-Known Member

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    Why would the other employer choose to lose money? I don't see that happening. Would you choose to lose money?
     

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