Eg and other business owners

[extragreen]

So set the example and give your employees an increase.

You sometimes (usually) are real dim witted. One of the advantages of raising a wage floor is that it puts businesses on at least a somewhat fair playing field regarding paying their employees more. I'm not interested in advice from a failed ex business owner, you got that?

 

[i am herdman]

You sometimes (usually) are real dim witted. One of the advantages of raising a wage floor is that it puts businesses on at least a somewhat fair playing field regarding paying their employees more. I'm not interested in advice from a failed ex business owner, you got that?

Who was a failed business owner? Not me. I cashed in and out sucker. Make more money now because someone pays for my skills and the money I make them.

You are just a typical liberal. You want to talk a good game but not back it up yourself and won't follow your own advice. You want to play with somebody else's money. You don't want to pay your employees shi*.

 

[i am herdman]

The National Bureau of Labor Statistics reports the mean hourly wage for carpenters is $21.92 an hour.

You paying near that, greed? The lower 10% makes $12.33 an hour. is that more in line? You are as greedy as an business owner out there, maybe worse. You talk about what should be done with someone else's money and hide behind your BS talk.

 

[extragreen]

The National Bureau of Labor Statistics reports the mean hourly wage for carpenters is $21.92 an hour.

You paying near that, greed? The lower 10% makes $12.33 an hour. is that more in line? You are as greedy as an business owner out there, maybe worse. You talk about what should be done with someone else's money and hide behind your BS talk.

You don't know the difference between a carpenter and a cabinet maker. Like I said ....dim witted.

 

[ohio herd]

Greed I am not against people making a good paycheck. I just don't understand your position. Even advocates of increasing the min wage only argue for 10.10 an hour. Here is a quote from one source.I am not sure if we should raise it or not. However raising it to 9-10 may be alright. Raising it to 15 is a train wreck.
The Fair Minimum Wage Act sets the minimum wage at a level that will help workers and their families, be good for the economy, and is consistent with past levels of the minimum wage. If the minimum wage had been indexed to inflation starting in 1968, it would currently be $9.39. And if the minimum wage were indexed to be 50 percent of the average wage, roughly where it was in 1968, it would currently be $10.08. In inflation-adjusted dollars, by 2016 when the Fair Minimum Wage Act would be fully implemented, the minimum wage would equal about $9.45 in today’s dollars, consistent with past values.

If we raised it to 15 an hour it would cause harm. I mean why not raise it to 21 an hour. At what point does raising the wage hurt?

 

[extragreen]

You keep saying it would cause some kind of harm. Yet you ignore that it has been done before in this country 1950-1956. Tell me what it ruined.

 

[i am herdman]

You don't know the difference between a carpenter and a cabinet maker. Like I said ....dim witted.

Cabinet Makers Mean avg is $16.11 an hour. Of course I would think skilled makers for custom cabinets would make more than the Mexican in a big factory. I bet not! LOL

 

[extragreen]

http://www.bls.gov/oes/current/oes517011.htm

 

[i am herdman]

http://www.bls.gov/oes/current/oes517011.htm

I corrected my original error.

Right now that wage, $16.11 an hour, is about $9 an hour above minimum wage. I would think if minimum wage is raised you would raise your pay accordingly.

 

[ohio herd]

You keep saying it would cause some kind of harm. Yet you ignore that it has been done before in this country 1950-1956. Tell me what it ruined.

what was done between 1950-56. Give me some data. Give me a source.are you saying that the wage rate being raised from .40 to 1.60 an hour worked during this time. The data of that period is unclear. Try this
http://www.politifact.com/rhode-isl...eed-says-minimum-wage-1950s-and-1960s-would-/
here is a quote Based on federal data, the minimum wage didn't become high enough to support a two-person family until about 1956 and it wasn't consistently high enough to lift a family of three until 1967. It never covered a family of four, regarded as a typical family size in that era.
So there never has been a time when the min wage was able to provide a wage like you think. Furthermore, things are much different today. In the time period you reference we were in a post war economy. There was no real global economy like we deal with today. Today we must compete in a global marketplace. That is one of the challenges we are faced with on a daily basis. The division of labor makes it hard to duplicate what you suggest.That is one reason why Textiles no longer exist in large numbers and why the US steel industry is hurting. Foreign govt prop up nationalized industries in places like Russia and China. Countries like India don't care about pollution and clean coal.Higher labor costs and subsidized industries make it impossible for us to compete in some cases.In other words it isn't always apples to apples when you try to use data from 60 years ago.

 

[extragreen]

I corrected my original error.

Right now that wage, $16.11 an hour, is about $9 an hour above minimum wage. I would think if minimum wage is raised you would raise your pay accordingly.

And I would think that since CEO salaries are 300x the typical worker, you are making no less than 150x the typical worker. If not, why?

 

[extragreen]

what was done between 1950-56. Give me some data. Give me a source.are you saying that the wage rate being raised from .40 to 1.60 an hour worked during this time. The data of that period is unclear. Try this
http://www.politifact.com/rhode-isl...eed-says-minimum-wage-1950s-and-1960s-would-/
here is a quote Based on federal data, the minimum wage didn't become high enough to support a two-person family until about 1956 and it wasn't consistently high enough to lift a family of three until 1967. It never covered a family of four, regarded as a typical family size in that era.
So there never has been a time when the min wage was able to provide a wage like you think

The minimum wage increased from .40 to 1.00 between 1950-1956.

http://www.bls.gov/oes/current/oes517011.htm

 

[ohio herd]

The minimum wage increased from .40 to 1.00 between 1950-1956.

http://www.bls.gov/oes/current/oes517011.htm

things are much different today. In the time period you reference we were in a post war economy. There was no real global economy like we deal with today. Europe was rebuilding and China was a shadow of what it is today. Japan was also in ruins.Today we must compete in a global marketplace. That is one of the challenges we are faced with on a daily basis. The division of labor makes it hard to duplicate what you suggest.That is one reason why Textiles no longer exist in large numbers and why the US steel industry is hurting. Foreign govt prop up nationalized industries in places like Russia and China. Countries like India don't care about pollution and clean coal.Higher labor costs and subsidized industries make it impossible for us to compete in some cases.In other words it isn't always apples to apples when you try to use data from 60 years ago.

 

[extragreen]

You are once again ignoring historical facts and relying on your ideology. Doubling the minimum wage has been done, and all the excuses and conditions you mention exist now, before any raise in the minimum wage. I'm not interested in competing with 3rd world countries to see who can work for the least amount of money or who can offer the lowest corporate tax. THAT is a lot of the problem.

 

[herdfan429]

The only thing I see from you is that you're concerned that wages would go up for working Americans. You don't seem to understand that I want wages to go up for everyone. If raising the minimum wage increases other wages, great. You seem to think it's catastrophic. It's been done before without negative employment and inflation results.

Extra once again you think wage increases happen in a vacuum. What do you think Halle s to the price of your custom kitchens if your employees start making minimum wage and you start increasing your take home? What do you think happens to the cost of lumber when the lumber yard increase all of their employees salaries? What happens to the cost of screws stain etc when lowes starts paying all of its employees more?

 

[raleighherdfan]

This is why Greed should just be ignored. (I will start taking my own advice). He is embarrassingly ignorant.

 

[extragreen]

For crying out loud, how many times do you want me to answer the same questions?

 

[herdfan429]

You haven't answered the question

 

[extragreen]

You haven't answered the question

I most certainly have. Your question, simply put, is will prices go up.

Here's your answer from me yesterday......"If a restaurant had to increase the price for their food by 10% in order to pay for increased wages , how bad would that affect you since a $20 meal would then cost $22? Now, if 40 million Americans got a raise, you don't think demand for food at restaurants would go up? A $4 Big Mac goes to $4.40."

Now go ahead and ask the same question, but word it differently.