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Originally posted by ExPostFacto
You obviously make enough to live on plus some. Trust me I understand what you are saying, but I think you are missing one point. That point is those making minimum wage do not actually benefit from a wage increase if the prices rise for basic necessities. You can say all day long you stop buying stuff if the prices go up, but try stopping to buy stuff when all the money you spend or have goes to costs of living.
If you make enough plus some you have that ability to not buy. But when every dollar you make is spent on rent, gas, insurance, food, electricity, school supplies for your kids, and keeping a internet and phone on then really there is not much room to cut back.
I have been down and out before and tried to cut back on telephone, internet, cable, etc. Of course they get you if you cut back, and you end up paying more for a single service or almost just as much for all the services. I have eaten Ramen noodles to get by and my health deteriorates.
You sound very accusatory and ideological.
This country has aspects of socialism since its founding. I think many confuse socialism with communism. Yet, those same people refer to our system as capitalism when in reality it is a corporate fascism. Pure capitalism is dangerous, just as pure socialism is. Especially when ran by centralized government.
Originally posted by Emeraldprophet
The minimum wage should be $100/ hr. It's only fair. After all, those filthy rich, greedy employers have the money, and I need it. They should also be forced to pay 100% of any healthcare costs I incur. Health care is a right, don't you know? Now you might say, maybe the employer can't afford that. Well somebody better damn sure pay for it, 'cuz I'm not paying for my own crap!!!
And if a company can't afford it, then the government should just take over the company. That way they can actually create jobs here, rather than overseas. That's the FAIR way.
Originally posted by David9176
reply to post by beezzer
Small businesses who are forced to pay a set amount are limited to what they can do, due to government intervention. When businesses are forced to raise the minimum wage, they ultimately have to raise their prices or fire people to support the new increases.
Minimum wage: If I could pay you less, I would.
WAGES ARE A LOSS TO PROFITS...again...that's all some care about. It's not really about just being successful and paying their workers as much as possible, it's all about greed and hording all they can.
Not only will those who make minimum wage make less...this will also drive down the wages of damned near everyone else as the minimum wage buffer will be eliminated.
Represent 99.7 percent of all employer firms.
Employ just over half of all private sector employees.
Pay 44 percent of total U.S. private payroll.
Have generated 64 percent of net new jobs over the past 15 years.
Create more than half of the nonfarm private gross domestic product (GDP).
Hire 40 percent of high tech workers (such as scientists, engineers, and computer programmers).
Are 52 percent home-based and 2 percent franchises.
Made up 97.3 percent of all identified exporters and produced 30.2 percent of the known export value in FY 2007.
Produce 13 times more patents per employee than large patenting firms; these patents are twice as likely as large firm patents to be among the one percent most cited.
Sources (see the Office of Advocacy's Research and Statistics page):
U.S. Dept. of Commerce, Bureau of the Census and International Trade Admin.
Advocacy-funded research by Kathryn Kobe, 2007
CHI Research, 2003
U.S. Dept. of Labor, Bureau of Labor Statistics.