Originally posted by: Philippine Mango
Originally posted by: JS80
Originally posted by: Philippine Mango
Originally posted by: Citrix
Originally posted by: BigJ
Originally posted by: Philippine Mango
Originally posted by: Citrix
i wonder how much of a price hike the store will have to impliment to make up for the profit loss.
Something I'm willing to pay for, I don't care if I have to pay a dollar extra on clothing or a computer product if that means that I don't have to spend an extra $5000+ a year on social services because these people can't afford to live like this. I don't think people understand the consequences of having 'slave labour', when you do this, you pay at least 2X as much in paying for services for making up for the fact that people can't live on low wages and therefore you negate any savings from paying them less in hourly wages. People are so short sighted it's fscking hilarious.
Got any empirical data?
sure you might want to pay for it, but the worker who is getting that low wage might not. so lets sum it up. raise min wage X amount, Prices across the board go up a X amount to make up for the profit loss. so tell me how the min wage worker makes out when their cost of living just went up as well.
Because there is data out there that say that the price of living does not go up every single time they've increased minimum wage, that's why. People charge low wages because they can, not because they're required. Just because you raise minimum wage, it doesn't mean prices will increase across the board.. Think about oil, if you increase minimum wage, do you really believe this will have an effect on oil? Highly doubt it. Making cars? Doubt it, food? Unless you're expecting to run a whole economy on illegal immigrants because you're a cheap a-hole, no... There are plenty of examples of industries that aren't effected by such things as a minimum wage increase because they don't pay minimum wage.
Wow you are very uneducated. Have you even ever taken an economics class?
Wow you must not read do you?
"In early industrial capitalism, the middle class was defined primarily as white-collar workers?those who worked for wages (like all workers), but did so in conditions that were comfortable and safe compared to the conditions for blue-collar workers of the "working class." The expansion of the phrase "middle class" in the United States appears to have been predicated in the 1970s by the decline of labor unions in the US and the entrance of formerly domestic women into the public workforce. A great number of pink-collar jobs arose, where people could avoid the dangerous conditions of blue-collar work and therefore claim to be "middle class" even if they were making far less money than a unionized blue-collar worker." -Wikipedia
According to wikipedia, it says that the middle class spawned because there was a need for whitecollar, semi-educated jobs. Ok, well let's say everybody who does blue-collar work ATM now has the equivalent education of a typical white collar worker, then what? That typical white collar worker now has a slightly better education. Do we have wages that are the equivalent of white collar of today but just call them lower class anyways since they make less money or are we back at square one with the same wages as they did before, except now we have more skilled workers out there...?
If a middle class be created out of nothing, what's to say a lower class can't be all but eliminated? (At least financially speaking) Personally I don't care if there is a lower class, what bothers me is the fact that I feel like I'm being told there should be a lot of people who are barely making it by no matter how good the situation is simply because 'thats the way it is".