Author Topic: Let's get ready to RUMBLLLLLLE! (Read 4616 times)

TweetyBird · « **Reply #135 on:** October 13, 2004, 11:14:36 PM »

>>EVERYONE would be paying more for grocieries because Albertson's has to pay their teenage baggers more money.
<<

It amazes me how people get this with wage expenses but miss it with tax expenses. Who pays the wages in this country? THE CONSUMER. Who pays the taxes in this country? THE CONSUMER. Who consumes the most in this country? People making less than $60,000 a year.

So, you cannot increase taxes on businesses to help the poor guy - its just passed on. You cannot give poor people wage increases that they don't fund themselves. You cant say the wealthiest people in the country pay the most taxes- thats a lie. The consumers pay the taxes and they are not the welthiest- they are WalMart moms.

Gunslinger · « **Reply #136 on:** October 13, 2004, 11:16:19 PM »

Quote

Originally posted by rpm
The last time the minimum wage was raised gas was around .85 a gallon. Raising the minimun wage to keep up with the cost of living is just common sense.

I'd rather people not use mimum wage to pay for the costs of living.

Seriously

If an employer has 20 minimum wage employees on at all time for two shifts we just raised his operating costs by $20 an hour for 16 hours.

that's an extra $2240 a week

$8960 a Month

$107,520 a Year

Don't forget HIS suppliers have to give thier MW employees wages so now his supply costs went up.

So now he has an increase in supply costs AND labor costs

that's all from a one dollar an hour raise for everyone. Do you think he's gonna take that hit.....NOPE prices go up accross the board.

NUKE · « **Reply #137 on:** October 13, 2004, 11:18:42 PM »

Jesse Jackson is on Fox now. Ever notice how his eyes are very far apart? He looks like a bug-eyed fish or something. Other than that, I dislike his dumb arse.

rpm · « **Reply #138 on:** October 13, 2004, 11:20:19 PM »

So... if we LOWER the minimum wage things will get cheaper? Get real.

If we pay Cops less will crime drop? We could afford to hire more.

Steve · « **Reply #139 on:** October 13, 2004, 11:21:27 PM »

Quote

Raising mimium wage would help those majority buy their stuff. Also consider the parents

Try to pay attention. Raising the minimum wage would cause an increase in prices in many many goods and services because it would cost companies that much more to do business. Since goods and services will be more expensive, your pay raise will have gained you nothing in the form of buying power. It will have succeeded, however, in reducing the buying power of your parents' moneysince their salaries will not be raised(assuming they make more than the minimum)

Steve · « **Reply #140 on:** October 13, 2004, 11:22:56 PM »

Quote

if we LOWER the minimum wage things will get cheaper?

To an extent, yes. If you cut the minimum wage in half, many goods would be much cheaper..one follows the other.

Do you not agree that cost of labor has an influence on how much a company charges for widgits?

Gunslinger · « **Reply #141 on:** October 13, 2004, 11:23:06 PM »

Quote

Originally posted by rpm
So... if we LOWER the minimum wage things will get cheaper? Get real. If we pay Cops less will crime drop? We could afford to hire more.

No I don't think lowering the minimum wage will lower costs....employers would probably just enjoy the extra profit.

I don't think the opposite is true in this situation. More cops don't allways equal less crime....lower paid cops sometimes are less productive.

I think this is apples and oranges here.

NUKE · « **Reply #142 on:** October 13, 2004, 11:23:18 PM »

Quote

Originally posted by rpm
So... if we LOWER the minimum wage things will get cheaper? Get real. If we pay Cops less will crime drop? We could afford to hire more.

why do we need a minimum wage? The market would regulate wages on it's own. The Mexican Illegals would be earning about 50 cents an hour if there was no minimum, all Americans would be getting paid fairly, as the market decides.

Martlet · « **Reply #143 on:** October 13, 2004, 11:23:40 PM »

Quote

Originally posted by NUKE
Jesse Jackson is on Fox now. Ever notice how his eyes are very far apart? He looks like a bug-eyed fish or something. Other than that, I dislike his dumb arse.

Could you understand what he was talking about? Rich people have better equipment?

Toad · « **Reply #144 on:** October 13, 2004, 11:24:43 PM »

I'd give this one to Bush by a slight margin. Much better overall performance compared to his last two.

Going to be a close election. I'm near certain it'll go to the courts again.

Steve · « **Reply #145 on:** October 13, 2004, 11:26:19 PM »

Quote

No I don't think lowering the minimum wage will lower costs....employers would probably just enjoy the extra profit.

Only the foolish ones, and then only briefly.

Think about it. If you have a widgit store on the corner and you are charging $2.00 per widget. Your retail location and factories are peopled by minimum wage people. The minimum wage is significantly lowered yet you keep your costs the same.

Within a very short time an enterprising fellow is going to open a widget store across the street and undercut your prices since he can afford to.

Gunslinger · « **Reply #146 on:** October 13, 2004, 11:29:02 PM »

Steve you are correct. Eventually competition OR capitalism would prevail

DREDIOCK · « **Reply #147 on:** October 13, 2004, 11:29:03 PM »

Quote

Originally posted by Gunslinger
I don't know why I insist on attemping to open your eyes....but here goes.

You've been to a shopping mall right? well how about a supermarket? Gas station?

When large corporations...AND small business owners have to pay their employees more they do not eat this expense.

They pass it on to YOU the consumer.....and your PARENTS...consumers as well.

EVERYONE would be paying more for grocieries because Albertson's has to pay their teenage baggers more money.

People who don't even have minimum wage employees suffer as well because THEIR suppliers have to rais prices. This raises costs on EVERYTHING for just about EVERYONE.

the same thing holds true for this so call "Tax on those earning over 200K"

do you really think they are going to absorb this tax?

these are the people who own and run the buisnesses.
Any time their costs go up. for ANY reason including taxes. They just pass it on down the line.
so yea you may get a bigger tax break due to the wealthy having to pay more but thats gonna be offset by the increase in prices
Sooo your just handing it right back.

rpm · « **Reply #148 on:** October 13, 2004, 11:29:03 PM »

Minimum wage laws were enacted because corporations were not paying a "fair" wage...they still don't today. But, if they had not been enacted we would still have people working for less than $1 an hour.

Gunslinger · « **Reply #149 on:** October 13, 2004, 11:31:39 PM »

Quote

Originally posted by DREDIOCK
the same thing holds true for this so call "Tax on those earning over 200K"

do you really think they are going to absorb this tax?

these are the people who own and run the buisnesses.
Any time their costs go up. for ANY reason including taxes. They just pass it on down the line.
so yea you may get a bigger tax break due to the wealthy having to pay more but thats gonna be offset by the increase in prices
Sooo your just handing it right back.

I completly agree on the tax issues.

The bar I used to work at had property taxes raised on him by 10%

You should have heard the grumblings when the price of a bottle beer (domestic) went from $2.00 to $2.25