did all that on $7.25/hour, ben?
The positive, economic effect of lowering the minimum wage to $0
- Thread starter Uncle Ben
- Start date
ttystikk
Well-Known Member
Did it ever occur to you how many other people had a hand in helping make your life so financially successful? Nope- the answer is obvious based on your whole mindset.
If you offer to pay an employee nothing, what quality of work will you get? How much will that person be able to participate in the economy? Or is it simply too much trouble to think about anyone else but yourself?
Uncle Ben
Well-Known Member
Yep, they've got to make money somehow - fees, churning your account, etc.
If you're into mutual funds will link you to some I'm in or have played in the past. I also hold a few bonds and stocks but am mainly in cash. This market scares me and when the fed does finally raised interest rates, the bottom's gonna drop out.
Ranked #1 by Zack's. Am playing this one: http://finance.yahoo.com/echarts?s=RPMGX+Interactive#{"range":"5y","showPrePost":false}
Why? Just look at the mid-cap index. http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=XX:DWM&insttype=Index
Another high flyer I'm out of now - http://finance.yahoo.com/echarts?s=POAGX&t=1y&l=on&z=l&q=l&c=#{"range":"5y","showPrePost":false}
http://finance.yahoo.com/echarts?t=1y&l=on&z=l&q=l&p=&a=&c=&s=JAMRX&ql=1#{"range":"5y","showPrePost":false}
And here's a cannabis stock that I never played but know someone who did, soon to go bankrupt or be de-listed. How about $8 down to pennies.
http://finance.yahoo.com/echarts?s=SRNA+Interactive#{"range":"2y","showPrePost":false}
Uncle Ben
Well-Known Member
Actually less. While in high school I worked a summer job at $0.60/hour, 10 hour split shift, 6 days a week bussing tables at a restaurant. It was tough work but I was damn happy and proud to have some money to spend on the chicks. I've also picked cotton alongside blacks and Mexicans in south Texas.
EVERYONE has to start at the bottom. Folks don't want to work, they want a job. Many do not have a clue of what the concept of "deferred gratification" is or means.
^ There in lies the problem with too many of America's youth, and liberals.
i will never play the market again, seriously..what good are bollinger bands when the market is rigged?..which all now know, it is..Yep, they've got to make money somehow - fees, churning your account, etc.
If you're into mutual funds will link you to some I'm in or have played in the past. I also hold a few bonds and stocks but am mainly in cash. This market scares me and when the fed does finally raised interest rates, the bottom's gonna drop out.
Ranked #1 by Zack's. Am playing this one: http://finance.yahoo.com/echarts?s=RPMGX Interactive#{"range":"5y","showPrePost":false}
Why? Just look at the mid-cap index. http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=XXWM&insttype=Index
Another high flyer I'm out of now - http://finance.yahoo.com/echarts?s=POAGX&t=1y&l=on&z=l&q=l&c=#{"range":"5y","showPrePost":false}
http://finance.yahoo.com/echarts?t=1y&l=on&z=l&q=l&p=&a=&c=&s=JAMRX&ql=1#{"range":"5y","showPrePost":false}
And here's a cannabis stock that I never played but know someone who did, soon to go bankrupt or be de-listed. How about $8 down to pennies.
http://finance.yahoo.com/echarts?s=SRNA Interactive#{"range":"2y","showPrePost":false}
torontoke
Well-Known Member
So how does paying $0 minimum wage help the economy?
People are going to be happier and faster flipping burgers they cant afford to eat?
I thought the idea behind a free economic system was that everything is in supply and demand. You pay your employees well they are happy and can afford to live. Might not be able to afford nikes that have already been outsourced like everything else.
Instead of paying $0 to everyone and expecting to see positive change id love to see a country actually stimulate their economy pay $100 an hour and before you say ya and how is the business suppose to afford that remember business goes both ways.
Most people generally live well beyond their means so id rather my customers be walking around with extra disposable cash then none
People are going to be happier and faster flipping burgers they cant afford to eat?
I thought the idea behind a free economic system was that everything is in supply and demand. You pay your employees well they are happy and can afford to live. Might not be able to afford nikes that have already been outsourced like everything else.
Instead of paying $0 to everyone and expecting to see positive change id love to see a country actually stimulate their economy pay $100 an hour and before you say ya and how is the business suppose to afford that remember business goes both ways.
Most people generally live well beyond their means so id rather my customers be walking around with extra disposable cash then none
Uncle Ben
Well-Known Member
You're asking the wrong person. You need to speak with John Bollinger.
Uncle Ben
Well-Known Member
That's a nanny attitude. What an employee does with his money and life style is none of my business. If they can't "afford to live", then they best find a way to make it happen.
The person worth a $100 an hour is the EMT rushing my injured wife to an emergency room, or a doctor, or plumber when my house is flooded and I need help fast....not some jerk who can't count or make change without the aid of a cash register at Micky D's.
exactly. disposable to spend on american products and services..when they have more they will spend more.
the only misers are the righties.
torontoke
Well-Known Member
If its your employee than it is absolutely your business or lack of business sense for that matter.
North america is cyclical no one buys things when they have no money. Your employees are also customers. If everyones broke everyone loses thats not nanny attitude its called common sense
sheskunk
Well-Known Member
As they fly off the shelf.
Looks like a college dorm room. How do these kids afford this?
TBoneJack
Well-Known Member
OK, I'm dense. Sorry.
Run the numbers for a small, fast food restaurant. Let's say a Burger King with manager, assistant manager, 3 shift leads, and 10 other low-level employees (one of which has to clean up the bathroom floor whenever @UncleBuck shits on it).
The manager, assistant manager, and shift leads probably already make above any proposed minimum wage.
Uncle Ben
Well-Known Member
My employees are not broke. Again, it's their problem if they are based on their poor choices. It's not my problem or yours. You've got this liberal mindset whereby you think you know what's best for the individual. Sorry....you don't.
That's that liberal nanny, "have-nots" thinking which I find nauseating.
torontoke
Well-Known Member
By stealing money from their tight ass dictator bosses when they arent looking.As they fly off the shelf.
Looks like a college dorm room. How do these kids afford this?
torontoke
Well-Known Member
I dont think i know whats best for anyone else but i do know that a $0 minimum wage is good for no one.My employees are not broke. Again, it's their problem if they are based on poor choices. It's not my problem or yours. You've got this liberal mindset where you think you know what's best for the individual. That's liberal nanny, "have-nots" thinking which I find nauseating.
Sorry....you don't.
If there are people willing to work for free then they must be living on a different planet than this one.
Its ok soon enough everything will be imported from asia and u can order your fast food led burger in record time.
Hopefully drs are still making money tho or all the money you pulled out of your employees wallets wont be good for much
Uncle Ben
Well-Known Member
Mommy and Daddy
Uncle Ben
Well-Known Member
You're really missing the point. Oh well......
Red1966
Well-Known Member
I know you. You abandoned your children and quit working to live on government largess. You are a bought and paid for Democratic supporter.
torontoke
Well-Known Member
What am i missing?
Poor people should be happy to be poor and a $0 minmum wage should make them even happier?
Im trying to understand your logic dude but im not getting it at all.
If you think the service sucks in a restaurant manned by $15 an hour employees what do u expect the service to be like in a $0 an hour restaurant?