RE: Why we need a mandatory living wage:
August 31, 2014 at 10:19 pm
(This post was last modified: August 31, 2014 at 10:26 pm by Drich.)
(August 30, 2014 at 1:33 pm)Rhythm Wrote: Yes, wealth simply slides it's scale up to continue suckling at the public teat, this is understood. That's gotta be addressed as well, don't you think?
In a socialist society absolutely.
In the free world, no.
(August 30, 2014 at 1:36 pm)Losty Wrote:(August 30, 2014 at 1:24 pm)Drich Wrote: Don't you guys get that raising the min wage only cause everything to go up in price? Where do you think the money comes from to give the wage increase?
If everything goes up, then the raise you just got is meaningless.
This is the worst thing you can do.
Rather why not pay the people to work more? Only allow the government to tax the first 40 hours of every workers week, and then allow them to earn OT with out tax? This would negate the need for a second job and increase productivity at the one job. It gives the employee a 50% increases in pay! and it offers the company the production hours of another individual at 1/2 the cost once the 40 hour mark has been met.
No this is not how capitalism is supposed to work. You don't raise your prices to make up the gap when minimum wage is raised. Your company just makes less money. If your company can't survive....too bad that's capitalism.
Uh, no.
I have been a business owner for over 10 years and I can tell you that any additional cost results in a price increase.
For instance why do you think food prices went up sharply, when diesel fuel went up?
Forcing the minumim wage up will absolutely mean that the cost of goods will go up. Google it.
(August 30, 2014 at 3:11 pm)Blackout Wrote: Another problem with raising minimum wage that I believe no one has mentioned yet is that it can cause people to be fired - You can force employers to pay a minimum, you can't force them to not fire someone - If they reach the conclusion that the new minimum salary is too much, they'll fire people - That's how it works
(August 30, 2014 at 2:08 pm)Baqal Wrote: From where I come from, the reason was unregulated privatization. Even with the newly established inspection department, our economy is far too damaged to be self-sufficient. We either go towards the EU or suffocate in the horrors of bankruptcy.
The EU isn't any different from what you're going trough right now...
Not only fired it also will result in the cutting of avaiable hours worked.
Like it or not business have budgets and in order to stay in business a business must stay with in that budget. Raising the min wage is just another form of bucket passing.
The reality is we need a lower class other wise nothing would affordable.
