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-   -   Seattle?s $15 Min. Wage Is Making Something Happen That City Leaders Never Expected (https://gfy.com/showthread.php?t=1163565)

arock10 03-26-2015 05:27 AM

Low minimum wages (below the cost of living) simply allow corporations to get their employees incomes subsidized by the government. Then who do you think are helping pay these wages? The tax payer aka us
So when a McDonald's or walmart pays $7 an hour, it's us picking up the difference instead of a multi billion dollar company just paying living wages

So for profit businesses are the ones abusing the tax payer and the government. Sorry that people have been blinded by conservative propaganda talking shit against the min wage. Which by the why when accounting for inflation peaked in the 1970s at over $10 in today's dollars.

arock10 03-26-2015 05:29 AM

And Kane mostly just beat me to it

MaDalton 03-26-2015 05:31 AM

one fulltime job at 40 hrs/week should pay enough to secure a living above welfare level

if your business relies on paying your employees below that and you have the rest of the tax payers substitute that by having to pay your employees food stamps or whatever, then you need to figure out how to be better or close.

and I do have employees, they earn about 3 times the minimum wage in this country

Magnetron 03-26-2015 06:45 AM

It's all adapt or die until someone's McWhopper goes up 25 cents.

Grapesoda 03-26-2015 09:30 AM

Quote:

Originally Posted by MaDalton (Post 20429763)
one fulltime job at 40 hrs/week should pay enough to secure a living above welfare level

if your business relies on paying your employees below that and you have the rest of the tax payers substitute that by having to pay your employees food stamps or whatever, then you need to figure out how to be better or close.

and I do have employees, they earn about 3 times the minimum wage in this country

when I was 18 I started working with a construction company.... I was earning top pay as a heavy equipment operator... running a scrapper, make $3.75 per hour, same as all the other guys... (we did works 60-80 hours a week though) that was in 1973... those guys are the last guys to work a job and support a stay at home wife, family and buy a home.... minim wage was $1.45... pretty much 1/2 top scale I guess... what happened? 'Arab oil crises'

Rochard 03-26-2015 09:55 AM

Quote:

Originally Posted by kane (Post 20428354)
The idea in the article was that if a company makes a 22% profit margin they may only make a 19-20% profit margin after paying higher wages.

There would still be profit, just not as much as before.

No restaurant makes a 22% profit margin. Ever.

crockett 03-26-2015 10:00 AM

Quote:

Originally Posted by MaDalton (Post 20429763)
one fulltime job at 40 hrs/week should pay enough to secure a living above welfare level

if your business relies on paying your employees below that and you have the rest of the tax payers substitute that by having to pay your employees food stamps or whatever, then you need to figure out how to be better or close.

and I do have employees, they earn about 3 times the minimum wage in this country

This is my thinking as well. Certain groups love to talk about govt leeches, but the truth of the reality is, any company whom purposely keeps workers as "part time" in order to get out of paying their obligations as an employer or much worse paying people at such a low wage the govt has to supplement their employees. Well that company is the true govt leech.

Walmart and most fast food is perfect example of govt leech business model.

MaDalton 03-26-2015 10:04 AM

Quote:

Originally Posted by Rochard (Post 20430047)
No restaurant makes a 22% profit margin. Ever.

McDonalds is not far off

McDonald's Profit Margin (Quarterly) (MCD)

they could for sure afford paying their people more

Axeman 03-26-2015 10:19 AM

Quote:

Originally Posted by arock10 (Post 20429758)
Low minimum wages (below the cost of living) simply allow corporations to get their employees incomes subsidized by the government. Then who do you think are helping pay these wages? The tax payer aka us
So when a McDonald's or walmart pays $7 an hour, it's us picking up the difference instead of a multi billion dollar company just paying living wages

So for profit businesses are the ones abusing the tax payer and the government. Sorry that people have been blinded by conservative propaganda talking shit against the min wage. Which by the why when accounting for inflation peaked in the 1970s at over $10 in today's dollars.

One could argue it is the government's willingness to hand out these subsidies to employees as being the problem. Allows these people to never work harder to be great employees and increase their worth to their current or next employers who value their skills. Doesn't make them accountable to survive. Lets them get by doing the bare minimum, with the least responsibility.

I would argue the safety net has gotten too big, too vast, and too easy to make people complacent and lazy.

dyna mo 03-26-2015 10:25 AM

Quote:

Originally Posted by Rochard (Post 20430047)
No restaurant makes a 22% profit margin. Ever.

:1orglaugh:1orglaugh


you couldn't be more wrong.

dyna mo 03-26-2015 10:30 AM

Quote:

Originally Posted by Due (Post 20429534)
I have done so before, it was profitable but taking away time from other ventures that was more profitable. Sure I could have kept it running and have 2 half ass ventures or hired someone and loose the profit but keep the risks..
you need to look at what your own time is worth and invest it wisely

that's not at all the same thing and certainly not what the article is trying to portray. The article claims the owners shuttered their businesses, closed them and walked away from their investment because of a pending accounting issue. didn't even try to sell them. that's not savvy in the slightest. and that's because the article is misleading. the business owners didn't do that.

dyna mo 03-26-2015 10:32 AM

Quote:

Originally Posted by woj (Post 20429089)
you guys make it sound like there is something to "figure out"... you will magically "figure out" how to increase your sales by lets say 30% next month to cover the additional expenses?

in many businesses if things are not quite working right, you are LOSING $$ each month... not making less, but actually have to pull money out of your saving account to piss away, with little hope of ever getting it back...

so imagine you worked out the numbers and unless sales increase by 30% next month you will be out of $20k...

What solution do you propose for a business owner in that position?

how can i provide solutions to a bullshit problem? the article was misleading. they didn't shutter their businesses due to impending pay problems.

and yes, in most business roadblocks, stumbling points, etc, there is plenty to figure out. that's what running a business is. figuring shit out.

woj 03-26-2015 11:04 AM

Quote:

Originally Posted by MaDalton (Post 20429763)
one fulltime job at 40 hrs/week should pay enough to secure a living above welfare level

if your business relies on paying your employees below that and you have the rest of the tax payers substitute that by having to pay your employees food stamps or whatever, then you need to figure out how to be better or close.

and I do have employees, they earn about 3 times the minimum wage in this country

Welfare level is defined by the government at about $1000/month, which translates to $6.25/hr... which is way less than the current minimum wage, and that makes $15/hr about 2.5 of the "welfare level"...

so the whole argument: "no one working full time should live in poverty" is complete bullshit...

MaDalton 03-26-2015 11:09 AM

Quote:

Originally Posted by woj (Post 20430104)
Welfare level is defined by the government at about $1000/month, which translates to $6.25/hr... which is way less than the current minimum wage, and that makes $15/hr about 2.5 of the "welfare level"...

so the whole argument: "no one working full time should live in poverty" is complete bullshit...

where exactly is the minimum wage $15/h right now? I must have missed when this became law

and i'll leave the "complete bullshit" comment to you - as far as i know you don't have employees

arock10 03-26-2015 11:10 AM

Quote:

Originally Posted by crockett (Post 20430052)
This is my thinking as well. Certain groups love to talk about govt leeches, but the truth of the reality is, any company whom purposely keeps workers as "part time" in order to get out of paying their obligations as an employer or much worse paying people at such a low wage the govt has to supplement their employees. Well that company is the true govt leech.

Walmart and most fast food is perfect example of govt leech business model.

socialism is bad unless its for multi billion dollar companies!

woj 03-26-2015 11:18 AM

Quote:

Originally Posted by MaDalton (Post 20430107)
where exactly is the minimum wage $15/h right now? I must have missed when this became law

and i'll leave the "complete bullshit" comment to you - as far as i know you don't have employees

it's not now, but it will be soon in Seattle (whole point of this thread), making it 2.5x level of "welfare level"...

how can someone working full time live below poverty line? minimum wage is 7.25 so that translates to about $1100 per month... which is ABOVE welfare level...

so where is the problem?

MaDalton 03-26-2015 11:30 AM

Quote:

Originally Posted by woj (Post 20430121)
it's not now, but it will be soon in Seattle (whole point of this thread), making it 2.5x level of "welfare level"...

how can someone working full time live below poverty line? minimum wage is 7.25 so that translates to about $1100 per month... which is ABOVE welfare level...

so where is the problem?

i was going to write an answer and then i thought of an old polish proverb: "not my circus, not my monkeys"

dyna mo 03-26-2015 11:33 AM

Quote:

Originally Posted by MaDalton (Post 20430136)
i was going to write an answer and then i thought of an old polish proverb: "not my circus, not my monkeys"

90% of your posts are you starting an argument then bailing out. :1orglaugh

Magnetron 03-26-2015 11:54 AM

Quote:

Originally Posted by woj (Post 20430121)
it's not now, but it will be soon in Seattle (whole point of this thread), making it 2.5x level of "welfare level"...

how can someone working full time live below poverty line? minimum wage is 7.25 so that translates to about $1100 per month... which is ABOVE welfare level...

so where is the problem?

You are overlooking that the poverty level is adjusted based on how many individuals are living in a household.

2015 Poverty Guidelines

It would be a different story if everyone was single without kids and could rent a room above a one car garage like Fonzi.

MaDalton is simply saying there would be less welfare if the average employee was better compensated rather than just paying them the bare minimum allowed by law.

Magnetron 03-26-2015 11:54 AM

Quote:

Originally Posted by MaDalton (Post 20430136)
i was going to write an answer and then i thought of an old polish proverb: "not my circus, not my monkeys"

:1orglaugh

MaDalton 03-26-2015 12:14 PM

Quote:

Originally Posted by dyna mo (Post 20430140)
90% of your posts are you starting an argument then bailing out. :1orglaugh

that is true - i am working on not even starting an argument

SuckOnThis 03-26-2015 12:26 PM

http://dudelol.com/img/chris-rock-on-minimum-wage..jpeg

woj 03-26-2015 01:13 PM

Quote:

Originally Posted by SuckOnThis (Post 20430209)

and what's wrong with that? the person on the receiving end should then get a flash in his mind: "maybe I don't have any skills? maybe I should get my shit together and acquire some skills so employers would be willing to pay me more than minimum wage?"

then 2 seconds later: "fuck that, I'll just complain... I will rally politicians to raise the minimum wage to $15 and all my problems will be solved..." :1orglaugh

:2 cents::2 cents:

crockett 03-26-2015 01:28 PM

Quote:

Originally Posted by woj (Post 20430252)
and what's wrong with that? the person on the receiving end should then get a flash in his mind: "maybe I don't have any skills? maybe I should get my shit together and acquire some skills so employers would be willing to pay me more than minimum wage?"

then 2 seconds later: "fuck that, I'll just complain... I will rally politicians to raise the minimum wage to $15 and all my problems will be solved..." :1orglaugh

:2 cents::2 cents:

You mean like nunchuck or computer hacking skills?


kane 03-26-2015 02:32 PM

Quote:

Originally Posted by Axeman (Post 20430076)
One could argue it is the government's willingness to hand out these subsidies to employees as being the problem. Allows these people to never work harder to be great employees and increase their worth to their current or next employers who value their skills. Doesn't make them accountable to survive. Lets them get by doing the bare minimum, with the least responsibility.

I would argue the safety net has gotten too big, too vast, and too easy to make people complacent and lazy.

I agree. There are some people who will do the bare minimum so long as they can continue to get their welfare and live their lives.

If there was no welfare or it was very difficult to get on I would bet that wages would increase one way or another. People would either demand higher wages because they can't otherwise survive on them or there would be more unionization and through it an increase in wages.

If people have no safety net then tend to demand more and work a little harder.

RandyRandy 03-26-2015 03:54 PM

Quote:

Originally Posted by Rochard (Post 20430047)
No restaurant makes a 22% profit margin. Ever.

http://imageshack.com/a/img538/2338/9QyqLx.gif

kane 03-26-2015 04:44 PM

Quote:

Originally Posted by Magnetron (Post 20430168)
You are overlooking that the poverty level is adjusted based on how many individuals are living in a household.

2015 Poverty Guidelines

It would be a different story if everyone was single without kids and could rent a room above a one car garage like Fonzi.

MaDalton is simply saying there would be less welfare if the average employee was better compensated rather than just paying them the bare minimum allowed by law.

Also many programs have different qualifiers. You might be able to be at say 133% of the poverty level and still qualify for the program

kane 03-26-2015 04:46 PM

Quote:

Originally Posted by Rochard (Post 20430047)
No restaurant makes a 22% profit margin. Ever.

According to Bloomberg Taco Bell sits at about 20%. It's not 22%, but it is pretty close.

Grapesoda 03-26-2015 09:14 PM

Quote:

Originally Posted by MaDalton (Post 20430056)
McDonalds is not far off

McDonald's Profit Margin (Quarterly) (MCD)

they could for sure afford paying their people more

Ma, mc donalds is not a restaurant...don't confuse corporate earnings with individual franchises.... completely different ball games...


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