I have never advocated to remove the minimum wage.
And you can deny the dart board, but the $15 suggestion is absolutely arbitrary. It sounds good to the bleeding hearts and to the slouches who might want to rely on forced pay hike rather than an earned one.

But your most alarming words are your last paragraph.
Businesses don't "take a profit by percentage of their costs".
If that were true, companies wouldn't spend money to streamline costs. They'd simply raise prices. Hell, they'd want to increase costs so their profits could go up.
Repeat that last sentence out loud.
Sounds stupid, right? Well it's exactly what you said.

tailgater wrote:

So, in your world of economics you cut wages to workers ,increase CEO pay , causing the workers to have to work longer hours,increasing their time away from the family, then let their kids go out and buy one of the guns you made sure are available causing a mass shooting the blame it on religion? So every tier of the economy gets nailed multiple times while you have part of society brainwashed into thinking you're doing it for them ?




By the way the only gun control I believe in is a 1/4 " group at least 300 meters .

Covfireman wrote:

Well I'm in the industrial equipment business (but nessisarily white). And when the price of steel goes up we pass along the cost increase, by percentage, to customers. It's in our standard contract. So we make more $$$.

We spend tons of efficencey and cost savings. But that almost all goes to profits......

Brewha wrote:

Typical lib call for gun control but not for yourself. Can't have it both ways.

Reminds me of the $15 per hour groups in Seattle that were looking for temp employees but were only offering to pay them minimum wage.

99cobra2881 wrote:

automation creates jobs.

recycling has created tons of jobs.

changes can be opportunities...especially in our land of entrepreneurs.

frankj1 wrote:

http://4.bp.blogspot.com/-9MJXhMcFSSQ/TbjX0NLZc0I/AAAAAAAAAW4/i_bbtvyLWmc/s1600/sheetz.jpg

Look at all those jobs

gummy jones wrote:

And when the price of labor goes up, companies will pass the cost increase along to consumers. Or they may cut workers. Or they may implement more automation. Or a combination of all three.

borndead1 wrote:

Well I'm in the industrial equipment business (but nessisarily white). And when the price of steel goes up we pass along the cost increase, by percentage, to customers. It's in our standard contract. So we make more $$$.

We spend tons of efficencey and cost savings. But that almost all goes to profits......

Brewha wrote:

which does not address my post.

theoretically, and historically pure capitalism works when businesses get breaks, and I am all for that type of stimuli. But the reality in recent years has been that they have made tremendous record profits due to corporate welfare and bailouts and not created meaningful jobs that pay well. Many of the new returns to the workforce have not resulted in increased wages for American workers. It has created working poor. This has resulted in the shrinking middle class.

Perhaps corporate tax breaks and free stuff should have requirements attached...? Just asking cuz I am not a genius.

frankj1 wrote:

And when the price of labor goes up, companies will pass the cost increase along to consumers. Or they may cut workers. Or they may implement more automation. Or a combination of all three.

borndead1 wrote:

And when workers make more money they have more money to spend, creating demand for more products leading to a growing economy.

tonygraz wrote:

And when workers make more money they have more money to spend, creating demand for more products leading to a growing economy.

tonygraz wrote:

Nobody wants corporate tax breaks, but we all b*tch and moan when corporation move overseas for the lower tax rates.

The only obvious solution is to move towards higher import tariffs, even at the risk of being viewed as isolationists.

tailgater wrote:

You're right!
Let's raise the wages to $75/hour!
Think of the spending they'll do.

tailgater wrote: