Comments on: Minimum wage boost already killing jobs

By: Queeg

Queeg — Wed, 13 Aug 2014 01:33:36 +0000

A muddled but interesting journey.

At a bed and breakfast two gals did rooms and common area, a combined total of eight part time hours, and they provided morning breakfast for guests.

The minimum wage went up. Decisions to be made.

The owner discontinued weekday breakfast saving one person’s labor of 4 hours plus food costs, utilities, supplies.

The owner got a pay raise- An employee lost 80 hrs per month compensation.

Business did not fall off, accordingly.

This is how you price services….when your back is against the wall.

By: John Humbert

John Humbert — Tue, 12 Aug 2014 20:51:55 +0000

This is nothing new. If you pay attention, as most people who do a good job of household supply do, you know that every hike in the minimum wage causes an increase in prices. Usually more than one.

When talk starts about raising the minimum wage, prices increase, in anticipation of a potential increase in the cost of doing business. When the minimum wage is increased, there tends to be a second increase in prices along with a loss of jobs. Workers are told they have to increase production to cover their raise in wages.

Usually, within a year there is a third price increase based on a supposed increase cost of doing business which usually is not backed up by the numbers, and a decline in profits due to a lack of sales.

By: Fred Mangels

Fred Mangels — Tue, 12 Aug 2014 20:32:58 +0000

In reply to Bill Gore. " I do NOT need dispirited slaves who cant read or write their own name -". So you don't want to pay $14.00 an hour for that sort of worker? Imagine that. Raising the minimum wage for those sort of workers does nothing to improve their reading or writing. Bottom line is, this is only a temporary raise for some workers. When the minimum wage goes up, everybody else's wages are eventually raised to compensate. It doesn't take long before minimum wage workers are back to square one. There will always be workers at the bottom of the pay scale.

By: bob

bob — Tue, 12 Aug 2014 20:11:28 +0000

In reply to S Moderation Douglas. Just a typo, Doug!

By: Queeg

Queeg — Tue, 12 Aug 2014 15:43:48 +0000

Ah….so well spoken…will cut this out and put it on the outside lunch spot wall for comrades…there is someone out there who cares! Trouble is that reading thingee….eh?

By: Bill Gore

Bill Gore — Tue, 12 Aug 2014 15:42:12 +0000

Further musings: our anglo-american business culture is addicted to high volume/low margin/low quality production. Our business culture HATES paying for labor (unless it’s the ‘work’ of the mafiosi ‘elite’ corporate reptoids, then the sky’s the limit.) and is always chasing the quick buck, the quicker the better. So like locusts we americans move across the globe, seeking the rock bottom cheapest labor and raw materials, all for the further disgusting enrichment of the tiny financial elite. We neglect our own people, eat our own seed corn, throw sand in the face of the next generation. The problem with slave systems is there is no long term sustainability. Real wealth creation requires real innovation and a real lifting up of the greatest number of people. Example: the Ruhr Valley in Germany was a major textile manufacturing center 150 years ago. Guess what: right now it is STILL a major center of textile production, but instead of bulk cotton cloth it is the region the world turns to for the most advanced high tech textiles. Factory workers in this area are like PhD’s in America.

By: Bill Gore

Bill Gore — Tue, 12 Aug 2014 15:20:06 +0000

Let’s get kinda truthy here: Nobody ‘lives’ on the income from a minimum wage job. Got it? Everyone that punches in at MickyDy’s, to serve toxic greasy pink slime and sawdust to the bloated sickly diabetic lumpenproletariat is getting a smorgasborg of benefits for the working ‘poor’, including SNAP WIC cash assistance free medical dental rent assistance Earned Income Tax Credit etc etc etc….If they are not getting these benefits they are homeless. Raising the minimum wage reduces the SUBSIDY that is flowing through to the corporate income statement. Additionally, real inflation adjusted wages for the working class have been stagnant since the 1970’s for crying out loud while the share of income and assets acruing to the top 1% has exploded…Make business actually PAY for their labor force. Crazy concept. I own/manage a professional services business, I need smart hardworking independent people to get things done. I do NOT need dispirited slaves who cant read or write their own name……

By: T Mind of Ted Your God

T Mind of Ted Your God — Tue, 12 Aug 2014 13:27:53 +0000

Bagdad Bob! I forgot about that troll!

By: Queeg

Queeg — Tue, 12 Aug 2014 05:15:25 +0000

Comrades…..someone please check the background of the article writer. He was related to Bagdad Bob?
Faux wages via minimum wages or union bought jobs are only viable if productivity increases….people are like machines…raising productivity is difficult even in the short run.

By: S Moderation Douglas

S Moderation Douglas — Tue, 12 Aug 2014 03:44:56 +0000

In reply to bob. "Doglass"??? Kind of puerile, Bob, don't you think?