a reply to: bbracken677
i'll address both responses at once
It's quality of life vs numbers. I and most people in fact were not born into this world to engage in a numerical pissing game to lay claim to
"titles" like No1 economy highest GDP etc. While in the case of China I would say to Industrialize a nation of 1.5 Billion and build an
infrastructure that can handle that, they are more in a place similar to where we were at the turn of the last century and have less choice, I however
do not see America in that position. Our rankings have little to do with "living well" for most people.
You say in your first retort
Where I have disagreed with you is in that one cannot arbitrarily raise the minimum wage to $15/hr without effect on other pay levels, without effect
on your bottom line, without effect on your pricing structure. If this is done on a universal level, the repercussions will resound throughout the
economy and the least of the effects will be massive inflation.
I say in response to that, the place to take the money from is "The Bottom line" I have done it personally... it's not so terrible. Nations like
China and the USA have locations that resemble the Gaza strip, the wealth discrepancy is ridiculous, one of the great miseries that has created a
nation of terrible entrepreneurs is the "franchise" system... you get 2 types of people 1: those who buy in and loose their shirts because in
actuality they are terrible business men and they actually can't afford to pay their employees squat and 2: those who do it well and reap enormous
profits which they can easily cut into to provide better pay... i'd say if group one went out of business entirely it would be a good thing because
we don't need a nation of terrible entrepreneurs that can't pay well and group 2 picking up the slack can afford to pay better.
While i'm a die hard capitalist I think running a business is a responsibility to your community, customers and employees, I think we have became a
nation that doesn't even know how to run a business, chains and franchise drive away competition, raise the ante on local rents and provide terrible
service and products and lead to a "get rich for doing squat" mentality
I want GOOD businesses to thrive, I want good services and products to succeed and offer Good jobs, running a business should be tough, you should
expect to roll with the economy not make your money providing junk via workers at slavery prices, i'd institute a policy like Japans where management
can't earn more than x percent over employees in a heart beat, if you want the money raise the profits the old fashioned way, by being better than
the rest, by improving service, by having a well fed sharp staff that can go to school and afford health care... if not get out of the game.
America once meant "THE BEST" it's not going to get back there without the general public being able to thrive and yes, i'll earn less to see that
happen. I didn't become an Entrepreneur just for the cash flow, I did it to do something to be Babe Ruth. Business is supposed to be a struggle, a
battle... not an investment op the Ante to be in the game needs to be there, if your business is bringing you in 40 and your employees are making 8 an
hr and can't pay for school and look and work like garbage your doing something wrong and those businesses are supposed to fail
And honestly, those of us who wish to assume the mantle as providers have to weigh that responsibility, along with the titles land lord, business
owner you also take upon yourself a desire to be a pillar and that comes with more than effort than someone who just wants a job, when the economy
rocks, when the competition gets rough...earning that cash for self isn't your only priority you need to tighten your belt and get creative and run
the hrs and fix it the right way, not by driving up prices to keep your lifestyle afloat... the price should come from us not the general public
because these are your consumers and when they are a wreck you have failed at your job.
so yeah, cut the bottom line, If I open a supermarket it would be because I enjoy food, wish to provide good food and if things get tough it's okay
for them to get tough for me to, it's okay to make 40 instead of 80 and help those that actually run your business make 18 instead of 12, if you
can't manage it you should probably wake up to the fact your on a sinking ship, to me it's incentive to do better and creates better workers, better
business and in the long run makes you more competitive
It's called business ethics which has become a singular 3 credit class, one which most franchise owners never even took...
The extra money isn't worth it, it's not worth it when quality of life degrades businesses become pathetic, American competitiveness dries up,
people live in poverty and can't spend money anyway
The answer is those of us who strive for more take the hit, we are the competitors not the spectators, we share the burden, we give tiny tim that damn
Turkey on Christmas we do what business owners should do and take responsibility for the communities and people who make us rich, not just pass the
buck up the price and pretend we did something special