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Re: Forum gossip thread by Lokmar

Impossible to even comprehend these numbers....

Started by Obvious Li, October 13, 2013, 11:49:43 PM

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Anonymous

The name calling aside, I would like to know how Romero as a franchisee or micro business owner would react to wages being arbitrarily raised by 20% by people who have no stake in your success. I know he would innovate as Mickey D's franchisees in other countries have been forced to do.

Renee

"It is well known among economists and lawmakers that a higher minimum wage

leads to job losses, and the economic evidence supporting this conclusion is outlined

below. But it is also important to focus on exactly who suffers job loss following

a minimum wage hike. Recent research18 strongly suggests job loss is concentrated

among low-skilled adults."



">http://www.epionline.org/studies/epi_mi ... 5-1997.pdf">




The above PDF deals with data from 1999 but the same applies to today. The economic effects of raising the minimum wage have not changed over time.
\"A man\'s rights rest in three boxes. The ballot-box, the jury-box and the cartridge-box.\"

Frederick Douglass, November 15, 1867.


Renee

Quote from: "Shen Li"The name calling aside, I would like to know how Romero as a franchisee or micro business owner would react to wages being arbitrarily raised by 20% by people who have no stake in your success. I know he would innovate as Mickey D's franchisees in other countries have been forced to do.


Oh, he would just happily comply and eat the loss because that's the kind of guy he is.  :lol:
\"A man\'s rights rest in three boxes. The ballot-box, the jury-box and the cartridge-box.\"

Frederick Douglass, November 15, 1867.


Romero

Quote from: "Renee"Really; you're not offended? Then stop crying about being called names when you act like a jackass.

Crying? Try laughing, H.R. Pufnstuf.



You know what you always say about others using childish insults. You just keep forgetting that you're one of them. :)

Romero

Quote from: "Shen Li"http://www.bls.gov/cps/minwage2011tbls.htm#7">http://www.bls.gov/cps/minwage2011tbls.htm#7

Quote from: "Renee"http://www.heritage.org/research/reports/2013/02/who-earns-the-minimum-wage-suburban-teenagers-not-single-parents">http://www.heritage.org/research/report ... le-parents">http://www.heritage.org/research/reports/2013/02/who-earns-the-minimum-wage-suburban-teenagers-not-single-parents

Hey, these stats don't include 19-24 year olds. That's a lot of adults left out.

Renee

Quote from: "Romero"
Quote from: "Shen Li"http://www.bls.gov/cps/minwage2011tbls.htm#7">http://www.bls.gov/cps/minwage2011tbls.htm#7

Quote from: "Renee"http://www.heritage.org/research/reports/2013/02/who-earns-the-minimum-wage-suburban-teenagers-not-single-parents">http://www.heritage.org/research/report ... le-parents">http://www.heritage.org/research/reports/2013/02/who-earns-the-minimum-wage-suburban-teenagers-not-single-parents

Hey, these stats don't include 19-24 year olds. That's a lot of adults left out.


See chart 1. Age Distribution of Minimum Wage Workers.

 

"Minimum-wage workers under 25 are typically not their family's sole breadwinners. Rather, they tend to live in middle-class households that do not rely on their earnings. Generally, they have not finished their schooling and are working part-time jobs. Over three-fifths of them (62 percent) are currently enrolled in school.[5] These workers represent the largest group that would benefit directly from a higher minimum wage, provided they kept or could find a job"



 :lol: :?
\"A man\'s rights rest in three boxes. The ballot-box, the jury-box and the cartridge-box.\"

Frederick Douglass, November 15, 1867.


Renee

Quote from: "Romero"
Quote from: "Renee"Really; you're not offended? Then stop crying about being called names when you act like a jackass.

Crying? Try laughing, H.R. Pufnstuf.



You know what you always say about others using childish insults. You just keep forgetting that you're one of them. :)


When I insult you Romero it's not childish, Those insults are statements of fact.  :lol:
\"A man\'s rights rest in three boxes. The ballot-box, the jury-box and the cartridge-box.\"

Frederick Douglass, November 15, 1867.


Anonymous

Quote from: "Renee"
Quote from: "Romero"
Quote from: "Shen Li"http://www.bls.gov/cps/minwage2011tbls.htm#7">http://www.bls.gov/cps/minwage2011tbls.htm#7

Quote from: "Renee"http://www.heritage.org/research/reports/2013/02/who-earns-the-minimum-wage-suburban-teenagers-not-single-parents">http://www.heritage.org/research/report ... le-parents">http://www.heritage.org/research/reports/2013/02/who-earns-the-minimum-wage-suburban-teenagers-not-single-parents

Hey, these stats don't include 19-24 year olds. That's a lot of adults left out.


See chart 1. Age Distribution of Minimum Wage Workers.

 

"Minimum-wage workers under 25 are typically not their family's sole breadwinners. Rather, they tend to live in middle-class households that do not rely on their earnings. Generally, they have not finished their schooling and are working part-time jobs. Over three-fifths of them (62 percent) are currently enrolled in school.[5] These workers represent the largest group that would benefit directly from a higher minimum wage, provided they kept or could find a job"



 :lol: :?

Renee, I think you have more than adequately made your point that very, very few workers making minimum wage are the family's sole breadwinner. I think we have both shown that you can't just raise wages 30% or more without corresponding changes in the way you operate your small business.

Anonymous

Opening and running a little business like a restaurant, self serve food stand or a bakery costs a lot of money and they have a high probability of failing..



Their owners work long hours, often risking everything and some make next to no money after expenses including salaries..



I worked for five years in a Chinese restaurant and on weekends I frequently made as much if not more than the owners with my tips..



I want to see everyone have enough money to support themselves, but that includes these little entrepreneurs too..



I have often thought of starting a small business like that, but I cannot risk my family's security.

Renee

Quote from: "Shen Li"
Quote from: "Renee"
Quote from: "Romero"


Hey, these stats don't include 19-24 year olds. That's a lot of adults left out.


See chart 1. Age Distribution of Minimum Wage Workers.

 

"Minimum-wage workers under 25 are typically not their family's sole breadwinners. Rather, they tend to live in middle-class households that do not rely on their earnings. Generally, they have not finished their schooling and are working part-time jobs. Over three-fifths of them (62 percent) are currently enrolled in school.[5] These workers represent the largest group that would benefit directly from a higher minimum wage, provided they kept or could find a job"



 :lol: :?

Renee, I think you have more than adequately made your point that very, very few workers making minimum wage are the family's sole breadwinner. I think we have both shown that you can't just raise wages 30% or more without corresponding changes in the way you operate your small business.


I feel we have done a more than adequate job as well. But unfortunately Romero will more than likely still come back with some leftard driven emotional nonsense demonizing business owners and people like you and I who understand what this issue is all about.

 

People like him never give up. They know that if they can keep at it with the same old emotionally driven lies defending the need for government involvement in defense of the poor they can win popular opinion. The reality is that they care not for the plight of minimum wage works as much as they just want to raise the minimum wage for the sake of the additional tax revenue that they think it will bring. It's all about raking in more payroll tax money so they can expand the ever reaching tendrils of the government God they live for and worship.



The proof in the fact that they are just looking for additional tax revenue is in this "living wage" buzz term that they throw around all the time. Anyone knows that minimum wage is not even close to a "living wage" unless you raise it far beyond what minimum wage labor is worth. His entire argument is all one big lie designed to fool stupid people (liberals) who don't know any better.
\"A man\'s rights rest in three boxes. The ballot-box, the jury-box and the cartridge-box.\"

Frederick Douglass, November 15, 1867.


Anonymous

Quote from: "Renee"I feel we have done a more than adequate job as well. But unfortunately Romero will more than likely still come back with some leftard driven emotional nonsense demonizing business owners and people like you and I who understand what this issue is all about.

 

People like him never give up. They know that if they can keep at it with the same old emotionally driven lies defending the need for government involvement in defense of the poor they can win popular opinion. The reality is that they care not for the plight of minimum wage works as much as they just want to raise the minimum wage for the sake of the additional tax revenue that they think it will bring. It's all about raking in more payroll tax money so they can expand the ever reaching tendrils of the government God they live for and worship.

Two things on this issue Renee. First is that both parties involved are not wealthy. Neither fast food operators nor the kids working for them are rolling in dough. Difference is that the 19 year old first year uni student working part time didn't have to take out a second mortgage on his/her home to get his micro enterprise off the ground. He/she can just walk away at any time for greener pastures or for any other reason he/she can think of. The owner of the store does not have that option yet they are the ones being thrown under the bus by wealthy leftists and their bought and paid for politician stooges(Obongo).



Secondly, I agree with you about taxes. Politicians both left and right crave power. Taking away people's disposable income and giving it to allies keeps the power(decision making) out of your enemies hands and transfers it to your allies. Your suggesting it is ALL about revenue and while I will NOT deny government craves revenue they crave it for reasons of power....buying votes to stay in power. This is why I no longer think North American style democracy is the best form of governing. It's about pandering and self-interest.

Romero

Quote from: "Renee"But unfortunately Romero will more than likely still come back with some leftard driven emotional nonsense demonizing business owners and people like you and I who understand what this issue is all about.

I haven't demonized business owners or you or Shen. So dramatic! We're just having a discussion.

Anonymous

Quote from: "Romero"
Quote from: "Renee"But unfortunately Romero will more than likely still come back with some leftard driven emotional nonsense demonizing business owners and people like you and I who understand what this issue is all about.

I haven't demonized business owners or you or Shen. So dramatic! We're just having a discussion.

Dude, I never took it personal ffs!! I know when you and I tangle we try not to let it degenerate into an EU- style junior high attack fest. That shit is hard for any adult to read. If every discussion here comes to that I'm looking for another place to hang my thoughts.

Romero

I know. It was Renee who said I was demonizing. I don't know where she's seeing that.

Renee

Quote from: "Romero"
Call me childish names all you want, but you're the one wanting to keep millions of Americans in poverty and hungry.


So accusing me of wanting to keep Americans poor and hungry isn't demonization?  :lol:



I guess in your mind because you fell short of accusing me of wanting to murder the poor you are not trying to demonize me.  :lol:



I guess your constant squawking about how greedy and unfeeling McDonalds corporate is should not be considered demonization as well?  :lol:



And you wonder why I go out of my way to call you a dumbass; you fucking deserve it.
\"A man\'s rights rest in three boxes. The ballot-box, the jury-box and the cartridge-box.\"

Frederick Douglass, November 15, 1867.