California Agrees To Raise Minimum Wage To $15

originally posted by: onequestion
a reply to: Edumakated

Show me proof that they use that money to expand and grow in a way that it positively impacts the communities it expands and grows in?

I think the growth and expansion they are experiencing is good. They grow into a community where they offer lesser quality goods for lower prices because of the leverage hey have in purchasing power and put everyone else out of business.

Don't sit here and try to tell me that these massive profits are a good thing holy crap.

Fed up with this conversation.

Umm... that is what companies do with profits. The use it to finance their expansion so they don't necessarily have to take on debt. Everything a company does is predicated on generating profits. The more profit they generate, the more excess cash they have to invest in the business and grow or do other things whether it is offering more perks for employees or building new headquarters or investing in new business lines.

Seriously, you need to take a basic business course if you asking these kind of questions.

a reply to: Specimen

Housing has doubled and wages haven't moved.

Besides raising wages what's the solution?

a reply to: DBCowboy

What about the sweatshop people in foreign countries who make the products that your "shares" profit from?

You feel guilty about that? How about the unemployed Americans who YOU ARE PAYING TAXES TO SUBSIDIZE because your precious stocks are going up by not paying them enough? YOU are paying for their foodstamps and Section 8 housing.

Do you feel guilty about that?

(My guess: No. No, you don't.)

Or, is it just "screw them, I got mine."
??

a reply to: Edumakated

I don't need any basic business courses I know exactly how it works.

I'm telling you why it's wrong.

originally posted by: onequestion
a reply to: ketsuko

Your living in a false paradigm of scarcity.

You think there's not enough when there's plenty.

It's concentrate into the hands of a few 100 people and everyone else is kept on the dark and locked out of the market.

Stop believing this illusion.

Well whats wrong with people not treating fast food as a career choice? It didn't used to be that way.

This whole thread seems to be filled with your hyperbole..

a reply to: BuzzyWigs

F the world I'm awesome?

Always comes down to selfishness every time.

a reply to: Edumakated

Umm... that is what companies do with profits. The use it to finance their expansion so they don't necessarily have to take on debt. Everything a company does is predicated on generating profits.

Ummm.... yeah.
And if their employees drop dead they don't give a rat's ass.
They have no care whatsoever about the quality of life of their employees.
Sick thinking.

a reply to: onequestion

Well, economically go to outer space and play god, stop making babies till then, and eating and buying less or from mega corps.

Other then that, just save and buy what you need, look for better deals, not what you don't need.

Like a Lamborghini, or pool on a private space ship...With bitches and tonnes of drugs.

a reply to: BuzzyWigs

Doesn't matter what I say.

I'm just a greedy bastard to those that want and encourage a class division.

originally posted by: onequestion
a reply to: DBCowboy

Oh I already addressed this perspective in the thread.


Like I said on page one.

Wealth generates more wealth generates more wealth.

Eventually it will always end in socialism or communism every single time.

Not to pick on you or make fun of you, but you are really struggling to pick a theory and stick with it. You might think many of us are stomping on your ideas, but my friend, you seem to be doing a good enough job contradicting your own beliefs mores so than those of us who are disagreeing with you.

I want to star you on one post and then the next post you make is totally the polar opposite of what you said previously.....

a reply to: DBCowboy

Doesn't matter what I say.

Yeah, you are right. It doesn't matter.

I'm just a greedy bastard to those that want and encourage a class division.

And yeah, you are. One of those who want to encourage that.
Glad you at least own up to it.

a reply to: seeker1963

I don't generally agree with you, but I have to agree with your assessment there.

Then again, I'm very confused on some issues as well.

a reply to: onequestion

Plenty of people's wages have gone up... your job is to not be the buggy whip manufacturer or typewriter repair man. You have to constantly be accessing and developing your skills to make them compatible with the workplace.

In any economy, there will always be people who are getting the smelly end of the stick as technology and other developments make certain jobs obsolete.
an life is not fair.

a reply to: Edumakated

Speak to the off-shoring of IT jobs, please.
Explain that.

This economic tinkering should be in trial. The law is only good for one year and must be renewed by the legislature and signed by the governor for another 2 years. If by the end of the 3rd year of the law it is renewed and signed again by the governor it becomes "permanent".

I think both sides of the debate present interesting perspectives so let it be a trial.

originally posted by: DBCowboy
a reply to: onequestion

Many states are doing similar things. California isn't the only one.

Have any of the other states made it through the entire phase-in/ramp-up period to reach the target wage rate yet? Last I heard, Washington state is increasing the state's minimum wage to $15, but I don't think it's reached that target. Being phased in over a number of years.

Have other states who HAVE reached the end of the ramp-up period lost a lot of businesses? That's one of the biggest talking points used by the opposition.... businesses will leave the affected state in droves.

a reply to: Edumakated

Oh here we come with this logic.

So what's the new industry popping up putting everyone out of business?

The horse and buggy was put out of business by cars right?

What's the new car?

originally posted by: BuzzyWigs
a reply to: seeker1963

I don't generally agree with you, but I have to agree with your assessment there.

Then again, I'm very confused on some issues as well.

You just put a smile on this old mans face!

Right back atcha!

I'd like to see the minimum wage jump up to $100/hr. Not over a five year period, but in a one year timetable.

If you give a five year schedule, it just gives businesses a head start to raise prices so that by the time the wage hike is implemented, it's already obsolete. It doesn't really help the lower economic levels it was intended to help.

If the minimum wage is hiked up "immediately" to $100/hr., prices and wages will all go up proportionally, albeit in a staggered fashion. A Big Mac might be $50, a skilled welder might make $350/hr., etc. But one thing will change: current mortgages, student loans, credit card debts, etc. could be paid off ten times faster. The big winners would be the lower and middle classes with high debt, the big losers would be the banks holding that debt. It would be like a reverse bank bailout.

a reply to: seeker1963

You're not that old. I was born in 1958.