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I see a lot of people talking back on economics 101.
But if the model was any good...would we be in the dire economic straights we are in now?
Originally posted by bigfatfurrytexan
reply to post by oblvion
You are making blanket statements. I have had many total slackers work for me that didn't deserve a livable wage. So i fired them.
Not all employees produce. And no one would produce at all without the guidance of someone who knows how to run a business. You know, that guy you think produces nothing: the owner.
nightstalker78
reply to post by Aazadan
If what you say is true then you are/were simply not worth hiring. You probably have a horrible background (read: drug or alcohol addiction. Or you have some kind of record. If,as you claim,you have all those degrees you'd be working.And making good money.
ETA : I currently work in retail,and someone like you would be useful in corporate. if you passed the background check you'd get hired instantly.edit on 30-8-2013 by nightstalker78 because: (no reason given)
queenofswords
So many people see the big profits of the large companies like McDonald's and because these people don't understand business, they automatically think, "why doesn't McDonald's just spread their wealth to the lowly hamburger flipper".
They don't realize that each McDonald's is a franchise, owned by a small business person, who is responsible for, not only payroll, but a host of other expenses. On top of all that, they have to pay a fee to the mother company based on their profits.
Basic explanation of franchises
Phage
reply to post by CirqueDeTruth
I see a lot of people talking back on economics 101.
But if the model was any good...would we be in the dire economic straights we are in now?
The economic problems we are seeing are not the result of Econ 101. They are the result of those who decided Econ 101 wasn't making them enough money and went far afield of basic economics.
As it turns out Econ 101 is actually getting things back to a more normal status.edit on 8/30/2013 by Phage because: (no reason given)
jjkenobi
reply to post by HanzHenry
What are you babbling about? Servants? Everyone has to earn a living. You expect to play video games and have everything provided to you? Then you belong in your mother's basement. The only alternative I see is to become a farmer and make/barter for all your other needs. How is that any different than providing a service to others?
WeAreAWAKE
If you have to work in fast food for a living what you need to do is vote Obama and the Dems out, not force your employer to raise prices and pay minimum wage workers more. Because if you raise the cost of the product, raise the pay of the worker...the product and your employer may go out of business. If you elect people who know how to build businesses, allow the business to thrive...then they can pay more without charging more and everything will get better. Hell...you may even end up working somewhere else...if you prefer.
So...want someone to blame? Blame your voting choice.
Originally posted by mikell
So I take it a bunch of low level workers finally found out what their free insurance was going to cost
Neat. With about 1.8 million employees that means each one gets about a buck.
the company could easily.. allocate an extra million or two to salaries for the following year. and if they make another 120 mill in that year or more, they can then allocate another 2 million out of that in salaries.
Aw shucks. You mean they have to do their job.
in addition to flipping burger the worker now has to also sweep the floor, wipe the counter 12 times a day instead of 6
Huh?
loses his insurance plan
Really? You seem to know a lot about the employee review and promotion policies.
and the price of everything around him raises. but his salary stays the same
How do you know they don't get raises?
and part of that payment comes from the sweat off the backs of the burger flippers who didnt get a raise.