Romney on minimum wage

[Ausm]

In a GOP utopia, we would all be making menial wages and the Corporations would be raking in more then the record profits they all ready enjoy. The best part of this is they will keep cutting down their workforce and over working their works which we can clearly see happening now. In the GOP's mindset when the over worked worker croaks off he/she can easily be replaced by a menial labor peon...no big deal at all. That how the "Free" market works with peoples lives.....

 

[palehorse]

I did not say wages should be based off marital status.

Reading comprehension fail.

I will ask you again, do you like the idea of walmart paying minimum wage to a single mother. Then that single mother drawing food stamps and medicaid? That is our tax dollars subsidizing the walmart benefits package.

I comprehend what you're saying/implying just fine, and you ARE saying/implying that their wages should be higher based on their marital status and children --> "...a single mother..."

Do you like your tax dollars subsidizing walmart employees? Yes or no?

Separate question and issue; but, my answer is NO.

That said, nobody who has ever proposed a higher minimum wage has also proposed cuts, or the elimination of, welfare programs. I guarantee that our welfare costs would ultimately stay the same -- or, worse yet, they'd continue to grow.

 

[palehorse]

Isn't that 15,080 before taxes? So after social security, medicaid/medicare and income tax, how much is left?

http://seattletimes.nwsource.com/html/localnews/2002791346_walmart07m.html

http://www.pbs.org/itvs/storewars/stores3.html

Would you please answer the question, do you like your tax dollars subsidizing walmart employees? Yes or no?

Full-time standard = 40 hrs per week (minimum)

Try again son...

 

[momeNt]

Isn't that 15,080 before taxes? So after social security, medicaid/medicare and income tax, how much is left?

http://seattletimes.nwsource.com/html/localnews/2002791346_walmart07m.html

http://www.pbs.org/itvs/storewars/stores3.html



Would you please answer the question, do you like your tax dollars subsidizing walmart employees? Yes or no?

To answer your question, no I don't like tax dollars subsidizing employees. It allows both Walmart and the employee to not allow any of the tax subsidization benefits to be bargained for, they are essentially raising the floor of the wage negotiation so Walmart never needs to offer that, nor the employee to demand it. If these families were actually going hungry and not just forced to be on government assistance it may start to be demanded by the employee and of walmart in the public sense to offer this.

 

[dank69]

Irrelevant -- nobody here has mentioned lowering minimum wage. Texashiker wants large/successful corps to be FORCED to pay a higher minimum wage than less successful, or simply smaller, companies.

He is trying to tie "minimum wage" directly to corporate profits without considering any other market factors.

Oh, I'm sorry. When I read the bolded statement below I interpretted it as you thinking that the minimum wage idea as a whole was 'breaking shit' since the minimum wage is technically the government getting in the way of the free market. If that is what you are thinking, then it stands to reason that you do not want a minimum wage 'breaking shit.'

Are you saying that companies shouldn't maximize profits when they can? Or that the market itself shouldn't determine wages based on relative skill sets?

A cashier is a cashier is a cashier. If Walmart wants to, they can maintain a force of the best cashiers simply by offering $1 more than the competition, or by offering more benefits. Or, if they can live with a certain amount of employee turnover, they can pay their cashiers the exact same rate as any of their competition... or even less!

The good news is that they also employ higher-educated finance gurus to determine the perfectly balanced wage amounts for any particular locale.

This entire "living" process is one of the key aspects of free-market capitalism. Any time something artificial or avoidable gets in the way (ie. government, unions, illegal immigration, etc), shit breaks.

So please stop breaking shit.

Kkthxbye.

 

[Orignal Earl]

Try again son...

lol

Remember back in the day when I used to call you son, and you would get all crazy and mad.

 

[Texashiker]

I comprehend what you're saying/implying just fine, and you ARE saying/implying that their wages should be higher based on their marital status and children --> "...a single mother..."

You are trying to put words in my mouth, please stop it.

I never said wages should be based on marital status.

I am saying wages should be based off the profits of the company. At the end of the year, after all of the bills have been paid, how much did the company make?

But, there should also be a bare minimum wage like what exist today.

If a company makes 30 billion in profits, their minimum wage should be X amount of that profit.

 

[palehorse]

lol

Remember back in the day when I used to call you son, and you would get all crazy and mad.

LOL! Yes, I certainly do!

 

[palehorse]

You are trying to put words in my mouth, please stop it.

I never said wages should be based on marital status.

I am saying wages should be based off the profits of the company. At the end of the year, after all of the bills have been paid, how much did the company make?

But, there should also be a bare minimum wage like what exist today.

If a company makes 30 billion in profits, their minimum wage should be X amount of that profit.

So why bring up "single mothers" at all? And trust me, I know exactly what you've been proposing concerning profits... and it's garbage.

 

[momeNt]

You are trying to put words in my mouth, please stop it.

I never said wages should be based on marital status.

I am saying wages should be based off the profits of the company. At the end of the year, after all of the bills have been paid, how much did the company make?

But, there should also be a bare minimum wage like what exist today.

If a company makes 30 billion in profits, their minimum wage should be X amount of that profit.

What you are advocating is extreme corporate fascism where government completely dictates how these companies operate.

 

[Orignal Earl]

LOL! Yes, I certainly do!

Then why do you do it?
Part of the whole pretend online persona thing eh
Some things and people never change..

 

[QuantumPion]

Our society is utterly doomed because people like texashiker exist and end up running the country. He mirrors the characters and motives in Atlas Shrugged so precisely it is quite literally terrifying to me.

 

[palehorse]

Then why do you do it?
Part of the whole pretend online persona thing eh
Some things and people never change..

Same reason you did it.

 

[Texashiker]

So why bring up "single mothers" at all?

Two previous post in this thread said it was easy to live off minimum wage, that the posters did it while in college.

I know exactly what you've been proposing concerning profits... and it's garbage.

No, it is not garbage.

The only thing being treated like garbage, is how fortune 500 and fortune 1000 companies treat their employees.

I am tired of my tax dollars being used to subside companies like walmart. Why is the US having financial problems? Because companies like mcdonalds, walmart, lowes, best buy,,, can get away with paying their employees poverty wages.

Fortune 500 employer - even though we make a few billion in quarterly profits, we are going to pay you $8 an hour. I understand you have 2 children at home? You should be able to sign up on welfare and food stamps to subsidize your income.

Employee - are you sure you can not pay more then $8 an hour?

Fortune 500 employer - we need to make sure the CEO gets his Christmas bonus at the end of the year, and he wants a new private jet.

 

[momeNt]

Two previous post in this thread said it was easy to live off minimum wage, that the posters did it while in college.




No, it is not garbage.

The only thing being treated like garbage, is how fortune 500 and fortune 1000 companies treat their employees.

I am tired of my tax dollars being used to subside companies like walmart. Why is the US having financial problems? Because companies like mcdonalds, walmart, lowes, best buy,,, can get away with paying their employees poverty wages.

Fortune 500 employer - even though we make a few billion in quarterly profits, we are going to pay you $8 an hour. I understand you have 2 children at home? You should be able to sign up on welfare and food stamps to subsidize your income.

Employee - are you sure you can not pay more then $8 an hour?

Fortune 500 employer - we need to make sure the CEO gets his Christmas bonus at the end of the year, and he wants a new private jet.

It is all supply and demand, go look at North Dakota where everything is being built up faster than people can get there. McDonald's paying around 20$ an hour.

Wal-Mart's net income per employee is around $8k. Apple's is $110K. So I think your metric needs a little more tinkering.

 

[hal2kilo]

Our society is utterly doomed because people like texashiker exist and end up running the country. He mirrors the characters and motives in Atlas Shrugged so precisely it is quite literally terrifying to me.

You quoting anything from the sociopathic novels written by Ayn Rand literally terrifies me.

 

[Orignal Earl]

Same reason you did it.

No..
I did it because I would do it in real life.
Then I saw how it when a person do it on a message board, it would demean the person, so I stopped.

 

[Texashiker]

It is all supply and demand, go look at North Dakota where everything is being built up faster than people can get there. McDonald's paying around 20$ an hour.

If mcdonalds in North Dakota can afford to pay their employees $20 an hour, then so should the mcdonalds everywhere else.

 

[Mean MrMustard]

If mcdonalds in North Dakota can afford to pay their employees $20 an hour, then so should the mcdonalds everywhere else.

/facepalm

 

[Capt Caveman]

If mcdonalds in North Dakota can afford to pay their employees $20 an hour, then so should the mcdonalds everywhere else.

More :biggrin:

 

[Ausm]

if mcdonalds in north dakota can afford to pay their employees $20 an hour, then so should the mcdonalds everywhere else.

lmfao

 

[momeNt]

If mcdonalds in North Dakota can afford to pay their employees $20 an hour, then so should the mcdonalds everywhere else.

Can you put your wishes into some sort of format that we can see the policy? Right now what you are advocating is vague.

Something like companies that employ greater than 10,000 employees are allowed to keep 5% of net income as retained earnings, 10% as dividends, and the remaining 85% of net income be paid to employees receiving government subsidies and decrease dollar for dollar the subsidies they receive. Total profits collected as part of this law decrease dollar for dollar the total amount of money collected from taxes of the subsidies they replace?

 

[Texashiker]

/facepalm

More :biggrin:

lmfao

So its ok for a company like mcdonalds to rake in a billion dollars, and pay its employees poverty wages?

http://www.nytimes.com/2011/10/22/business/mcdonalds-profit-is-up-but-prices-may-follow.html

http://www.glassdoor.com/Salary/McDonald-s-Salaries-E432.htm

 

[momeNt]

So its ok for a company like mcdonalds to rake in a billion dollars, and pay its employees poverty wages?

http://www.nytimes.com/2011/10/22/business/mcdonalds-profit-is-up-but-prices-may-follow.html

http://www.glassdoor.com/Salary/McDonald-s-Salaries-E432.htm

Is it okay for a company to lose a billion dollars and still have to pay their employees anything at all?

 

[Texashiker]

Is it okay for a company to lose a billion dollars and still have to pay their employees anything at all?

The employees should not be punished for poor management.

I believe there should be a base minimum wage, very much like there is today.

However, companies that can afford to pay more, should be forced to do so.

When someone works for a billion dollar company, my tax dollars, your tax dollars, your neighbors tax dollars should not be used to subsidize the employee benefit package.