goducks10 wrote:Walaby wrote:
Minimum wage jobs were never intended to be a full time, able to live, off of job. Min wage jobs were supposed to be (and used to be) the jobs young people got to train them how to be productive and effective workers in the marketplace.
The shipping of manufacturing overseas, and the continual erosion of jobs and loss of jobs to other countries (and yes to automation as well), has made it such that the min wage jobs are no longer the entry level positions in the marketplace. When the states push min wage to $15, the net result will end up being less jobs. Businesses will be forced to look at ways to be more efficient and even more automated. The profit margins are very thin in the restaurant/food industry. There is no way a business can keep the same number of employees and pay them all a min of $15 and still remain profitable.
We have moved from a manufacturing/industrial nation to a nation of service providers. Not going to be sustainable. Hence my believe that we need to do everything we can, as a nation, to bring manufacturing jobs BACK to the US. Even if it upsets our current trade partners.
Mike
Wages will go up across the board if the minimum wage is increased. Everyone will have more money to spend to buy goods. Tax revenue will increase. More jobs will open up because with more money being spent more goods and services will be needed.
They go down if the minimum wage was lowered.
Walaby wrote:
Minimum wage jobs were never intended to be a full time, able to live, off of job. Min wage jobs were supposed to be (and used to be) the jobs young people got to train them how to be productive and effective workers in the marketplace.
The shipping of manufacturing overseas, and the continual erosion of jobs and loss of jobs to other countries (and yes to automation as well), has made it such that the min wage jobs are no longer the entry level positions in the marketplace. When the states push min wage to $15, the net result will end up being less jobs. Businesses will be forced to look at ways to be more efficient and even more automated. The profit margins are very thin in the restaurant/food industry. There is no way a business can keep the same number of employees and pay them all a min of $15 and still remain profitable.
We have moved from a manufacturing/industrial nation to a nation of service providers. Not going to be sustainable. Hence my believe that we need to do everything we can, as a nation, to bring manufacturing jobs BACK to the US. Even if it upsets our current trade partners.
Mike
Walaby wrote:
Minimum wage jobs were never intended to be a full time, able to live, off of job. Min wage jobs were supposed to be (and used to be) the jobs young people got to train them how to be productive and effective workers in the marketplace.
Mike
Charlie D. wrote:fj12ryder wrote:
Sorry, but bankruptcy to me means you did something poorly and are facing the consequences. I don't like loopholes and bankruptcy in most cases is just that. It may be legal but that doesn't help the people who got shafted get what is legally coming to them.
We'll just have to agree to disagree on loopholes. :)
I hear you. BUT there are many reasons for bankruptcy. Over taxation, regulations, economy, customers that don't pay, suppliers who can't/deliver on time and yes poor management. I am all for living wages but I wonder how many jobs will be lost by those who can only work in fast food and other service jobs when wages go to $15.? Mc Donalds is installing kiosks in some place to allow customers to place order without workers. Punch button on what you order, zip credit card and turn around and pick up what you want.
I remember as a kid how there was a big sensation about food being placed in machines. One person could fill enough to service a hundred customers. Kind of like vending machines today. Didn't get very far but I see them returning.
Bedlam wrote:
I served under Presidents that I elected and ones that I did not while in the military, but I always gave the Commander in Chief respect. I expect the same from the losing party this round.
Walaby wrote:
NJRVer... Didn't realize you were in the know about this. Were you one of the workers 'shafted'? Im betting there's more to the story, as there usually is.
and fj12ryder, there is nothing wrong with taking full advantage of every legal avenue available to you. Just like taxes, until someone closes the legal loopholes, you can't whine and complain about someone taking full legal advantage of the rules and regulations.
And before anyone says Im a blind Trump loyalist, I voted for Ted Cruz in the primary. I voted for Trump in the General because he's the better of the two for this country right now. I have more confidence in him than I could ever have had in the alternative. We've dealt with that, and seen the result.
Mike
