listening to the radio the other day and it had a snipet of hillary. she basically said this.

" little boy came up to me and said, mrs clinton my mom is getting more now with the increased minimum wage but since then they have cut back her hours. can you fix that, and i told the little boy, yes i can."



now does anyone think that the increase of minum wages has caused allot of small business to cut back hiring do to now not having the cashflow to hire them. or cut back on hours or let people go because of this extra expense and could this be contributing factor with the econemy today?

and im not saying this is the only reason for the poor econemy and employment rate. but it could be a factor in my opinion.


http://www.flickr.com/photos/sndsgood/ https://www.facebook.com/#!/Square1Photography

Well, an increased minimum wage is a double edged sword though, On the one hand, it helps individuals because there is quite literally nothing that is a staple that is cheaper now than it was the last time minimum wages were increased by mandate, on the other it makes it harder for businesses to compete because they have a greater built-in overhead. If a businessperson is smart, they're going to automate as much as possible, which may mean less jobs.

On the other hand, most people that work for minimum wages should have some recourse to gain access to higher-paying jobs.




Transeat In Exemplum: Let this stand as the example.

No this is not a real reason as to why there is less hiring nowadays. To be honest the slowing economy means less consumerism which means less business opportunities. In one sense raising the minimum wage will raise the price on most goods and eventually level out.

How I see the raise of minimum wage at this moment and the raise that are due to set in the next few years will help the economy out. It will give people more money and and therefore increase consumer purchase. One thing about looking at the economy that i have noticed is that most people only look at the past and the present they never try to look at the future. Things have a tendency to even out and fluctuate in the economy which means that it goes up and down.

So no I don't think that the raise of the federal minimum wage is a major factor in the slowing economy in fact I think it is something that is working to reverse it. What worries the hell out of me is that clinton thinks it is alright to get involved with private business and tell owners, operators, and bosses what to do and how long to work. Wait I think there is a term for that called communism. Wow that is what scares me not the minimum wage.

sndsgood wrote:" little boy came up to me and said, mrs clinton my mom is getting more now with the increased minimum wage but since then they have cut back her hours. can you fix that, and i told the little boy, i'm a hooker."

fixed

I think along the lines more of damian an evil hooker that gives you every disease possible. I mean look at her she hasn't aged in like 20 years only evil can do that.

m-1 erma clinton has aged a ton in the last 8 years or so. shes looking really old now.



now if the minimum wage goes up for every business and a certain percentage of companies now has to either cut back peoples hours or not hire people or let some people go. now all those people that fit that mark now have no more or even less money to spend which could have an effect on the econemy. not saying it is a cause of the econemy just that it could factor in. yes the increase in minimum wage will give people more money but it wont give more people more money. meaning. me as a business owner would rather see two people come into my store with $10 rather then one person come in with $20 increase minimum wages, so now owners can' afford to hire more people they just have to pay the same people the same. some business could be forced to let people go. now two people making less money, both of them still need to buy milk, if its a lower minimum wage. both people are working and both come into buy milk, higher minimum wage, business can only afford to pay 1 of those people so you have one person coming into the store to buy milk, and the other standing on the unemployment line.



http://www.flickr.com/photos/sndsgood/ https://www.facebook.com/#!/Square1Photography

Bringing this back from the recently deceased...

In Iowa we just had the minimum wage rise almost $2 per hour over the course of the last year or so. It truly is a double edged sword, the price of most things, gas, milk, bread, whatever was always quite a bit below the national average. In the last year our prices on essentials have swiftly caught up to the national average, and that's without taking into account the outrageous fuel prices lately.

I read this the other day and found it interesting. The minimum wage in England is (in pounds) 5.35. That equals about $10.47. I guess that might be why they pay more for gas then we do, they have to pay their gas station attendants over $10 an hour. Everythings relative, I guess.

No, they pay more for gas because the north sea oil fields are pumping out heavy sour crude... a lot heavier than from the mid-east, they don't have pipelines, and they don't have enough refineries on their shores.

Not to mention, European engines run on 95 Octane as their low-grade.




Transeat In Exemplum: Let this stand as the example.

I think if you want to fix the economy, don't rase miminum wage for employees, but put a salary cap on the executives.


Goodbye Callisto & Skaði, Hello Ishara:
2022 Kia Stinger GT2 AWD
The only thing every single person from every single walk of life on earth can truly say
they have in common is that their country is run by a bunch of fargin iceholes.

[quote=Keeper Of The Light™ (Strazca)]I think if you want to fix the economy, don't rase miminum wage for employees, but put a salary cap on the executives.

couldn't agree more


Brian

I make a little over $14 an hour and that's not bad at all where I live..... Last time I checked.... Minimum wage was $6.75 but it might have went up since then.

I agree on salary caps for executives.... and using some of the money that the rich ass people make to pay the poor with.... but at the same time.... it doesn't hurt to have a skill or 2 to fall back on either. The only reason I'm making decent money at all is because I had my class A licence to fall back on when I got out of the military.

Basically... more of these people that are stuck working at McDonald's.... wouldn't be if they bothered to get an education, or learn a trade. Although some people don't have a choice... most do.

I believe min wage is supposed to top $10/hr in 2010 here in Ontario. My issue is, when min wage was $6/hr, I had to work 5 years to get my way up to $10/hr. Now when people are starting people at $10, are the people with 5+ years in the job getting the jump to $14-15/hr?

Also, on another note, the better you pay the unskilled, the less incentive they have to accomplish a skill, trade, career, etc. While it would be nice to see people that are struggling make a little more, you have to wonder if you are just feeding the problem, rather then making it better, by encouraging these people to train themselves for something better.







**there is only one true love in my life... and my girlfriend has learned to live with it**

People that work minimum wage jobs are generally terrible employees. After all, if you do your job to the next level, you will get paid more. An increase in minimum wage will effect the raises and salaries of good established people in the workforce.
I'm not making enough more this year than last year to offset the rising cost of living, that digs into my expendable income, the areas where cuts have to be made. There a lot of people in the same boat as I am, therefore a slow economy.
And the stimulus checks are nice, but does not even begin to cover it.

Weebel wrote:I make a little over $14 an hour and that's not bad at all where I live..... Last time I checked.... Minimum wage was $6.75 but it might have went up since then.

I agree on salary caps for executives.... and using some of the money that the rich ass people make to pay the poor with.... but at the same time.... it doesn't hurt to have a skill or 2 to fall back on either. The only reason I'm making decent money at all is because I had my class A licence to fall back on when I got out of the military.

Basically... more of these people that are stuck working at McDonald's.... wouldn't be if they bothered to get an education, or learn a trade. Although some people don't have a choice... most do.

your responce for the poor works the same for executives. people usually bust their ass at their job and become executives because of that work. why would you bother going thru all the hard work if your going to have a low cap on your salary. executives should be making the most money its why they are the boss. ive never worked for a company where people were making the same money, every business i worked at the owner or ceo made the big bucks, if you don't like it, go out and start your own company or work your way up the ranks and get it yourself.

remember seeing an article a few years back and it was talking about ceo pay etc. and it looked at one of the highest paid ceo's in the country and they figured if they got rid of his salary and gave it to the workers in the company it would amount to about 10$ more a week for the employee's big whoop.


http://www.flickr.com/photos/sndsgood/ https://www.facebook.com/#!/Square1Photography

snds: The problem is profit margins. Take Oil, right now--each company is posting BILLIONS with the price gouging and speculation going on. Now, where does that money go--most likley back into the the company and investments, but you know that those exceutives are making HUGE bonuses and taking home bigass raises.

Now, when the issue with oil is settled, and oil goes into a recession, will those executives take pay cuts? Why? it means they have to sell their large yacht for a medium sized one.

The problem with unadulterated capitolism, is that like socialism and feudalism, is that it eventually breeds an aristocracy--but in this case, its those with the most cash, and they aren't exactly going to want to share it with the rest of the populace otherwise they lose their seats of power--and means of grafting the politicians.

Now, in an ideal situation, what you'd need to do is figure out a living wage--as in what one can live on, on their own, to actually get by. Right now, that is NOT 6.75 an hour. So, you bring the minimum wage up to that point for basically unskilled labor jobs. After all, they have to get by too, otherwise you're going to have to go for illegal labor to work at less of a wage. But basically, you set the living wage as minimum wage, and based on the corporation's profit margins, make it so there's enough of a cap on the executives that when you do raise the minimum wage, there's no incentive for them to cut jobs--or even make it so that their salary gets less and less the more workers they cut. Granted, it's hard to implement, but the real problem is that there is such a disparity of wages that a salary cap on executives really will still have the organizational structure based on linked salaries.

Plus, usually, it's not JUST the CEO that needs their salary capped, and further, when you're talking minmum wage, usually that $10 can go a LONG way.

The problem, though, with trying to implement that means more governing, which everyone with half a brain knows is a bad idea. But letting corporations govern is also a bad idea. so we're pretty much screwed either way.

The biggest problem, I see, is lack of accountability and greed.


Goodbye Callisto & Skaði, Hello Ishara:
2022 Kia Stinger GT2 AWD
The only thing every single person from every single walk of life on earth can truly say
they have in common is that their country is run by a bunch of fargin iceholes.

some ceo's have taken pay cuts in bad times, im sure its a small majority but some have. now taking big pay cuts when your not doing good sounds easy, but how far do you go. do you just nix the ceo's funds because he makes the most. or do you take it down the line so now that when i screw up on a job do i get half my pay check for a year? if a company does bad a few years in a row shareholders generally step in and take care of the situation because they are losing the money, if its a private company and the president keeps taking a big bundle when their losing profits the company goes under, in both ways the problem works its way out.


as for the minimum wage its great to say just raise it so everyone can have a nice living. but you have to remember that there are tons of companies out there that are small business that just can't afford to raise the pay up that much, and if they do they have to cut back so much that now they have 3 employee's working for them instead of 6. most people work their way out of minimum wage jobs before their out of college. if your in your 30's and still working minimum wage with a few kids then somewhere along the lines you didnt put in the effort. sure some people have some circumstances that caused it to happen but those people should work their way up the line quickly and out of that job. if job a doesnt pay enough for me i'd work there and on day one i'd be looking for a better job. i think what you suggested could work in the corporate type situations but it will hurt the small business tremendously and they emmployee a good potion of the u.s. and then you hit it on the head about the fact that yoru bringing in more goverment regulation and we all know (well some of us) that more goverment involvement isn't a good thing in the majority of instances.


http://www.flickr.com/photos/sndsgood/ https://www.facebook.com/#!/Square1Photography

You're mistaking a few things i've said:

1) Not *just* the CEO needs a salary cap. The board of directors and any executives all need one.
2) I'm not referring to a "nice" living. I have a nice living and make a decent amount of money. I'm referring to being able to afford a place that's at least structurally sound, and afford basic food and clothing and at least transportation to and from your job (which if it's public transit c'est la vie).

The point was, in regards to raising the minimum wage, that's where the salary cap comes in, because, yes, there are a few altruistic CEO's and Boards of directors that would take a pay cut to keep the cost of their product down and employee retention down, but let's be honest--they're the minority. If we were, say, to raise minimum wage, what happens? Employees get let go and/or there's a product hike so the CEO's can still afford a Humvee in every state.

The small business model, unfortunately, would take more of a hit, but again, they'd be exempt from the salary cap model since most of them wouldn't hit the salary cap issue: the company simply wouldn't make enough. The minimum wage to basic living, though, would hit them, but from that, they've overreached their sustainability if their business model is based on current wage conditions IMHO. You'd have to be living under a rock to not expect minimum wages to increase and inflation to hit given the economy fluctuations that have happened in the past 40-50 years.



Goodbye Callisto & Skaði, Hello Ishara:
2022 Kia Stinger GT2 AWD
The only thing every single person from every single walk of life on earth can truly say
they have in common is that their country is run by a bunch of fargin iceholes.

i was lumping all high end people in the mix when i was stating ceo's just to lazy to spell it out. but again shareholder could take care of the problem if it was a real issue, instead. if my stocks are going up then if the ceo has 10 hummers i really could care less. but if its losing money i'll pull my money out of that company. and i do agree that those that take a pay cut are in the minority. i just believe that if your running a business you should be able to pay yourself whatever you want. i surely wouldnt want the goverment to come to my house and go " hey your making to much money so were going to take your car and one of yoru tv's sorry salary cap. yeah your company is doing great, but we feel your making to much so give it to us." i mean look at mc donalds. the pretty much bottom wrung for working, they have always paid over minium wage.


i bet if a study was done on the poor you'd find a good portion were poor due to their upbringing and not because minimum wage is holding them back. i remember watching a news show a few years back and they were going thru the lines at a soup kitchen where people were getting free food these were the poor people. and half of them had cell phones, vcr's and dvd players. if it was me if you were in the soup line and you had a cell phone you'd be kicked out of line. that to me isn't poor.




ive always been one to believe that if a job isnt paying you enough dont't work there. but then again im a good worker so finding a job has never been an issue. kinda like if a resteraunts food is bad, i won't come back.


http://www.flickr.com/photos/sndsgood/ https://www.facebook.com/#!/Square1Photography

The difference is, as a coprporation, the government couldn't take your car, etc. they can only focus on corporate assets. For instance, if your company made too much money, they wouldn't sieze your or the company's assets, but they would basically say that based on your comany, it's growth, it's amount of employees, and the base rates for housing, food, clothing, etc, you would have to pay your employees a min of $xx,xxx/year, and given your current turnover rate and the productivity of your business sector, you and your executives salary will be capped at $xxx,xxx/year. The remaining profits would go to the company itself in holding or stock prices, employee bonuses, and executive bonuses. If you fire fire emploees to increase your take-home pay, sorry, that money goes into the company itself, not to you or the other executive's pockets.

That sort of thing. I know the idea is very rough, but really, if housing, food, clothing, etc prices are going up, and the government is raising the minimum wage to make sure that those employees can have basic food/shelter/etc, it defeats the purpose if once they do that, the executives "lay off" a bunch of those people just so they can afford the executive retreat that year in Cabo rather than Panama City.

However, this applies to those...well, actually working and the amount to cover the basic necessities. If this were to come to fruitation, and someone were to spluge on Chrome Wheels for their lawnmower, and can't afford food...SORRY, no hand-out for you.


Goodbye Callisto & Skaði, Hello Ishara:
2022 Kia Stinger GT2 AWD
The only thing every single person from every single walk of life on earth can truly say
they have in common is that their country is run by a bunch of fargin iceholes.

Telling the higherups at a business they cant make more than a certian amount is BS. They got there for a reason. To punish them is not acceptable to me. They already pay a @!#$ load in tax as it is. I know that the few weeks where I went over $1200 I had to pay more in tax based on a percentage. Went from about 25% to 33%. If you made it to the top of a company and were told tat your pay would be capped by the government you would be pissed.

I think the best possible way to deal with minimum wage is to simply write up a contract between employee and employer about what is acceptable wage/hours/vacation/ect... If you're all for working at 3$ an hour because the job is so mindlessly easy that you can do 70+ hours a week, then why not? It'd be better than the current system because all contracts would have a termination clause so if the employer screws around he/she would have to pay you a settlement.

We live in a Democracy and if people are so stupid that they'll work at 2$ an hour, then so be it.

OK... I was wrong.... winimum wage where I live in Minnesota

Notice: The following state minimum-wage dollar amounts apply as of Aug. 1, 2005.

Large employer -- $6.15 an hour
"Large employer" is defined as any enterprise whose annual gross volume of sales made or business done is not less than $625,000.

Small employer -- $5.25 an hour
"Small employer" is defined as any enterprise whose annual gross volume of sales made or business done is less than $625,000.

Training wage -- $4.90 an hour
An employer may pay $4.90 an hour to new employees who are younger than age 20 during their first 90 consecutive days of employment. Permanent or current employees may not be displaced by new employees covered by the training wage.

As for the price cap for the CEO's thing.... yes if you worked hard enough to make it that for... you deserve the pay.... although I have to admit that when I see a new corvette in the parking lot at work when we have a meeting (with the ceo's) it kinda pisses me off.

Whats really messed up is that all these politicians and people in congress make rediculouseley large amounts of money and keep giving themselves pay raises... while there are families working there asses off that can barely afford food.

Minimum Wage in Canada (Valid from 05/04/08)

Alberta $8.40
British Columbia $8.00
Manitoba $8.50
New Brunswick $7.75
Newfoundland $8.00
Northwest Territories $8.25
Nova Scotia $8.10
Nunavut $8.50
Ontario $8.75
Prince Edward Island $7.75
Quebec $8.50
Saskatchewan $8.60
Yukon $8.58

If you get a corporation that lays off employees because of a hike in minimum wage, meanwhile, the executives vote themselves a pay increase and the rest of the workersa have to pull double or triple shifts (or they nix a lot of workers for those that are under "training wage", that's wrong.

Implementation would be a problem, but, if you think about it, telling a CEO/exceutives that their paycheck will be garnished if it exceeds a certain amount due to shafting the employees and laying them off to increase the amount they make could *theoretically* work. granted, the working of the semantics to a policy like that would take awhile to figure out, otherwise, they'd just pull an end-run around it--like shipping labor overseas.


Goodbye Callisto & Skaði, Hello Ishara:
2022 Kia Stinger GT2 AWD
The only thing every single person from every single walk of life on earth can truly say
they have in common is that their country is run by a bunch of fargin iceholes.