Minimum wage hike voted down...

mikepegg44

Hypothetical stituation:

I have $40,000 budgeted for employee wages. I have 120 hours to give to employees in a given week spread out of multiple hours of service, should I hire 3 people and give them 40 hours a week? Should I hire 20 people and give them 6 hours a week? What situation would benefit my customers the most? I have an idea, why doesn't the gov't just tell me how many I should hire and how much of my profit from my risk I should be entitled to...

People do realize that not all companies are fortune 500 hundreds making obscene profits right?

There are consequences with the most well-intentioned of legislation. Small business would be affected by this, there is no doubt about. Some folks may even see their benefits received by the state reduced or eliminated because of the amount of money they now take in but still be struggling, possibly worse than they were making a little less. Some folks would benefit greatly from the added income...damned if you do, hate the poor if you don't.


Gimmie,

CosCo experiencing profits does nothing in terms of Proving republicans wrong. they are a massive discount retailer. The kind that people fight all the time because they destroy small business. Paying their employees 11.50 an hour might offer them the service they need to compete, but that doesn't mean all businesses are in a position to make that jump.

Last-12-Exit

gimmesometruth27 wrote:

anyone arguing that raising the minimum wage would destroy business need look no further than costco.

Costco is a huge corporation that can (and does) pay their employees well. Johnson's landscaping, on the other hand, is not a huge corporation. So 1 of 2 things would happen, they lay off employees or shut down.

SPEEDY MCCREADY

So if I own a business making widgets and employ 10 people making minimum wage, the government wants me to now pay out an additional $60k a year in payroll? But my business only profited $80K last year. Am I better off laying off 5 people and cutting my business? Or am I better off laying all 10 of them off, and getting myself a job at McDonalds cooking french fries and working 80 hours a week?

Last-12-Exit

SPEEDY MCCREADY wrote:

So if I own a business making widgets and employ 10 people making minimum wage, the government wants me to now pay out an additional $60k a year in payroll? But my business only profited $80K last year. Am I better off laying off 5 people and cutting my business? Or am I better off laying all 10 of them off, and getting myself a job at McDonalds cooking french fries and working 80 hours a week?

You'll lay off 6, cut the hours of the remaining 4 and give those 4 the responsibilities of the laid off 6 and tell those 4 they will do it and if they don't like it, you know 6 people that would take their job in a heart beat.

gimmesometruth27

Last-12-Exit wrote:

gimmesometruth27 wrote:

anyone arguing that raising the minimum wage would destroy business need look no further than costco.

Costco is a huge corporation that can (and does) pay their employees well. Johnson's landscaping, on the other hand, is not a huge corporation. So 1 of 2 things would happen, they lay off employees or shut down.

if you can't afford to pay your employees a living wage with benefits it can be argued that you have no business being in business.

SPEEDY MCCREADY

Last-12-Exit wrote:

SPEEDY MCCREADY wrote:

So if I own a business making widgets and employ 10 people making minimum wage, the government wants me to now pay out an additional $60k a year in payroll? But my business only profited $80K last year. Am I better off laying off 5 people and cutting my business? Or am I better off laying all 10 of them off, and getting myself a job at McDonalds cooking french fries and working 80 hours a week?

You'll lay off 6, cut the hours of the remaining 4 and give those 4 the responsibilities of the laid off 6 and tell those 4 they will do it and if they don't like it, you know 6 people that would take their job in a heart beat.

And those remaining 4, better NOT EVEN THINK of ever getting any over-time.

SPEEDY MCCREADY

gimmesometruth27 wrote:

Last-12-Exit wrote:

gimmesometruth27 wrote:

anyone arguing that raising the minimum wage would destroy business need look no further than costco.

Costco is a huge corporation that can (and does) pay their employees well. Johnson's landscaping, on the other hand, is not a huge corporation. So 1 of 2 things would happen, they lay off employees or shut down.

if you can't afford to pay your employees a living wage with benefits it can be argued that you have no business being in business.

I remember a time when the minimum wage jobs were saved for the high school kids. Not for people trying to raise a family, own a car, and dream of buying a house.

81

minimum wage goes up......prices go up....that's all that will happen...but people will feel warm and fuzzy.

if you want to make more than minimum wage, go get yourself some training and a skill set that is worth something.

Last-12-Exit

gimmesometruth27 wrote:

Last-12-Exit wrote:

gimmesometruth27 wrote:

anyone arguing that raising the minimum wage would destroy business need look no further than costco.

Costco is a huge corporation that can (and does) pay their employees well. Johnson's landscaping, on the other hand, is not a huge corporation. So 1 of 2 things would happen, they lay off employees or shut down.

if you can't afford to pay your employees a living wage with benefits it can be argued that you have no business being in business.

Yes, it could be argued, but not well.

81

Last-12-Exit wrote:

gimmesometruth27 wrote:

if you can't afford to pay your employees a living wage with benefits it can be argued that you have no business being in business.

Yes, it could be argued, but not well.

SPEEDY MCCREADY

81 wrote:

minimum wage goes up......prices go up....that's all that will happen...but people will feel warm and fuzzy.

if you want to make more than minimum wage, go get yourself some training and a skill set that is worth something.

And when my mom and pop business falls apart because the government has forced me to give 6k raises to my 10 employees.
Those 10 employees can now go to the hated Costco and hopefully get employment.
Hell, when my business fails because the government just handed out 6k raises, I guess I can go to Costco too!

know1

I don't understand why people can't see that forcing businesses to do anything that costs them money is essentially the same thing as a tax on the citizens. All that ever results is higher cost of products and less people employed.

Does anyone actually think that forcing businesses to provide increased levels of pay or benefits to employees doesn't result in the public/employees actually footing the bills themselves?

CH156378

gimmesometruth27 wrote:

if you can't afford to pay your employees a living wage with benefits it can be argued that you have no business being in business.

+1

81

CH156378 wrote:

gimmesometruth27 wrote:

if you can't afford to pay your employees a living wage with benefits it can be argued that you have no business being in business.

+1

if you don't like the pay, you can always leave.

Last-12-Exit

81 wrote:

CH156378 wrote:

gimmesometruth27 wrote:

if you can't afford to pay your employees a living wage with benefits it can be argued that you have no business being in business.

+1

if you don't like the pay, you can always leave.

I hear Costco is hiring at a pretty good wage.

even flow - question mark

Funny according to these stats, the bums who ride the wagon in 40 states make more than an $8 an hour job and 7 states more then $12 hour, ohhh and the kicker 9 states pay a welfare bum more then a teacher. You people keep knocking half decent pay, for a good laugh while your tax dollar basically is providing minimum wage. ha ha ha ha

http://www.statisticbrain.com/welfare-statistics/

pandora

Really the small mom and pop restaurants can't afford more that minimum wage,
it would cost jobs, seems some are pretty loose with those jobs.
I bet those employed would have something to say about losing them.

Pretty much what a dishwasher said on the news awhile back... don't do me any favors
I think were his exact words.... knowing he'd be out of a job.

lukin2006

here in Ontario Canada minimum wage is 10.25 ... haven't seen too many wal marts or mc donalds shut down or even small mom and pop business's. We pay a little more ... BIG DEAL...

Blockhead

No knowledge of Supply vs. Demand...
Liberals are so stupid when it comes to economics. Raising the minimum wage makes everything go up in prices. Sure her McDonald's example makes it look sustainable...but she fails to mention that every other business with minimum wage workers would have to increase their prices too. Then businesses that use those services will raise their prices to compensate...it's an obvious domino effect. If you're making $40k all those "sustainable" price increases add up.


Yes, let's raise the minimum wage to $22 so that the cost of living skyrockets and our economy becomes based on unskilled labor. Then we'd export all our commodities to free market economies because we can't afford them ourselves.

The market would simply adjust and $22/hr would be the new poor.

SPEEDY MCCREADY

So lets give all the kids working at Starbucks a $3 raise.
How much will my $5 cup of coffee cost me next year?


God forbid I am in the mood for a Latte.