Fast food workers strike: Fire 'em all.

BNGO

And for some reason these people have let them convince them that we live in some sort of "free market" LO

 

A true free market would allow for maximizing profits and would have no min wage ... I don't think anyone believes we have this type of market .

 

Yet for some reason in every one of these threads at least 20 people pop in with remarks about we're a free market and then go on to claim that they have some great knowledge of either the COTUS or of business.

We are in a CONTROLLED market, and we always have been. The federal government was in fact empowered to control the market by the founding fathers in our founding document.

 

Based n the FISCAL REALITIES of your business, as opposed to government mandate = NOT the same.

 

I agree with 90% of this and would a 100% if you can show me where you read about the founding fathers allowing our federal government to control our market. I thought that aspect came a bit later , but I could easily be wrong .

 

We are a DEMAND economy, not a COMMAND ECONOMY, despite the obvious Leftefforts to change that, and the equally obvious negative results we are seeing. Sorry.

 

You do realize that you have just demonstrated no understanding of market economics, right?

 

I was speaking of the COTUS where the founders specifically empowered the federal government to regulate commerce. Of course I fully admit that that phrase is another of several weak areas of the COTUS and we could argue all day long about what regulate means

 

Fair enough .

 

I nominate this for post of the week. Economics is controlled by value. Some of our fellows have been deceived into believing it is controlled by "fairness."

 

No I didn't run over the children, but I did get out and kick the living crap out of the irresponsible jackasses that allowed them to run in the street...the SAME irresponsible jackasses that made ZERO PLANS for their childrens' lives, before having them. Once they understood that, the kids started HELPING ME beat the crap out of their SELFISH, IDIOT PARENTS.

EVERY COMMAND ECONOMIES in HISTORY HAVE FAILED, at a cost of MILLIONS of LIVES. Stop trying to turn the US into one.

I have already shown, WITH PROOF, how increasing minimum wage per government fiat, leads to JOB LOSSES.

 

You can demand whatever you want, but you'd better have something of value to offer if you hope to get it. Flipping $1.29 burgers is not an activity that is intrinsically high in vale, for example.

 

Sorry bro, but we are most certainly not a demand economy, would you like me to list the various products that have regulated production and or regulated pricing. The minimum wage is one such item.

 

If you are "starving in America", you are either INCREDIBLY STUPID, or INCREDIBLY LAZY.

There are food resources EVERYWHERE, even in the horrid OBAMECONOMY....

 

2%

That's how many minimum wage employees will lose their jobs if we raise the minimum wage. That figure is PROVEN.
50% of min wage earners will be immediately ineligible for welfare if the minimum wage is raised. Again that number is PROVEN

So, even if 2% of of them go on full welfare, 50% of are off ANY welfare, the government saves a (*)(*)(*)(*) load of money.

Your argument is fail. Again

 

Tremendous DANCING, to try to spin the ACTUAL NUMBERS, with your arbitrary nonsense. I merely posted the ACTUAL, REAL WORLD FACTUAL DATA, unlike you, without any "spin".

And the FACTUAL, REAL WORLD DATA clearly shows: minimum wage hikes, LEAD TO JOB LOSSES...no "spin" needed.

http://www.forbes.com/sites/realspin/2013/04/17/the-record-is-clear-minimum-wage-hikes-destroy-jobs/

 

Demanding a higher wage isn't increasing one's value.. which is what you were responding to there.

A government set minimum wage is fine, and maybe even necessary in some situations.

But the employer is allowed to set the value of any position in his company (despite what the goof arguing against me on that has to say).

Of course there is a "minimum" he has to pay, but that doesn't affect any wage higher than the minimum (which is most wages in the country), nor does it make a person worth the more.

Their ability to perform a certain skill is what makes a person worth more.


So back to your comment about people having the right to aspire to a higher wage.... they do.
But they have a better chance of earning it, than they do of having it handed to them via the government.

 

Here is the study itself: Read it and weep.


http://www.socsci.uci.edu/~dneumark/min_wage_review.pdf

All I note is that you are reduced to DESPERATELY TRYING TO SPIN the data, while the DATA ITSELF, SPEAKS for ITSELF:

MINIMUM WAGE HIKES lead to JOB LOSSES.


That, in addition to MY SOURCE being one of the most respected BUSINESS PUBLICATIONS on EARTH, and the article being by WELL KNOWN ECONOMISTS, as opposed to your PURELY POLITICAL PROPAGANDA SITE.

MINIMUM WAGE HIKES LEAD TO JOB LOSSES, a reality which the FACTS have borne out, again, and again.

http://www.forbes.com/sites/realspin/2013/04/17/the-record-is-clear-minimum-wage-hikes-destroy-jobs/

We'll all just pretend we didn't just witness the UTTER ANNIHILATION of your claim that there was "no proof" of this FACT.

Later, you can dance around, and pretend "you won", too; it's all part of the comedy routine we've grown to expect.

 

^ THIS I agree with, there should be no demands that the CEO can only make X times the lowest paid worker or whatever. That is none of our business since even if we believe that CEOs are overpaid, that overpaying does not cost us the taxpayer one dime. If , for example, WM can meet the minimum wage, at whatever level it is be that the current or even if it WERE raised to the ridiculous $15 and still pay their CEO $22M a year, I don't care if $22M is 1000 times the lowest pay or not. That's Wal Mart's business.

 

It's established by leverage not actual value.

The value of employees (certainly not the individual) in this day and age isn't based on any assessment of their true value, it is a result of the manipulation and meddling within the market to benefit a selective few, which has created an over abundance of labor from which to choose from, and exploit at will.

 

What are you on about now? I didn't try to spin ANYTHING. I took the numbers and did the math and since 1990 minimum wage increases have resulted in unemployment rates that are 2% higher on average than the previous year. Simple as that.

Unless of course you argue that the numbers reported by the government are false, in which case I suggest you blame Clinton, Bush, and Obama I suppose.

 

I'm tired of all of this debate. It's almost lunch time where I live. I cannot wait until McDonalds installs kiosk like the following so I can order from it and all the whiners can get laid off and be on the streets trying to find a job in this Obama economy.




$15/hr.... how about $0/hr???? Morons....

 

I think that occurred about 750 posts ago. Its just been confirmed since then.

 

Distinction without a difference: You won't have leverage without value. Value is determined by useful output of a consideration over demand.

- - - Updated - - -

Too true... and as soon as the robots can flip the burgers and toast the buns....

 

That kiosk is coming regardless of the min wage.SO that argument just doesn't fly.

CLEARLY whether the minimum wage is $7.25 or even if it were $15 those working in fast food better be prepared to find another line of work.

But that has proven true in every industry at every level of pay throughout our history, and is irrelevant to this conversation because even if THOSE jobs disappear there will still be some other industry that starts out at the min wage.