Pay Living Minimum Wage-Don’t Outsource to Cheaper State
Livable minimum wage for those who work at entry-level jobs at fast-food restaurants, retail, and other positions filled by those in their late teens and early twenties? (r/The_Donald/)
Democrats argue that the minimum wage should be increased, that labor unions are a necessary evil, that jobs should provide a livable wage, that businesses should not outsource, etc. Their argument gives the impression that any job out there is meant for them.
A conservative counter-argument to these claims? Jobs exist as an investment. They exist because businesses are hoping to make money. They don’t exist to put food on the table. Whether or not a person lands a job with a decent wage or salary depends on a lot of factors… Including the job seeker’s marketability, experience, skillset, etc.
But, what if the “progressives” get what they want? For example, they receive a 40-hour workweek that’s enough to support their standard of living. What if they get their other demands, like companies not being able to outsource? They receive a livable wage for working at a fast-food restaurant, no second job needed?
Milt Thomas, a Newsmax contributor, adds a dose of reality to leftist expectations:
Big Box retailers exemplify the consequences of this paradox. Their size, mass and buying power allow them to deliver EDLP (Everyday Low Price) guarantees through sinfully brutal negotiations and, thereby, meet the ever-escalating low-cost consumer demands, while sustaining product integrity.
Consequently, the sails that ferry jobs offshore are filled by a gale force called a spoiled consumer, low-cost expectations have become a subculture unto itself and show no signs of abating.
If American companies are ever politically, socially or legally required to remand job-hires to on-shore American workers, a rude awakening would bring inevitable and extreme hiking of consumer prices.
The consumer wants better quality at a lower price. Corporations meet the cost aspect by finding ways to cut production costs. Outsourcing to a location with cheaper labor and more attractive tax rates makes business sense. Even when outsourcing isn’t factored in, there’s this contradiction that involves raising taxes on corporations, their leaders, and on their investors while preventing them from outsourcing.
The entire article can be read on Newsmax.
Category: Politics
Awwwww shit, Seagull and whatshisface coming soon, rattling like empty wagons…
While I’m appreciative of folks working at (or close to) minimum wage jobs keeping what’s left of our economy/supply lines, etc… intact this post is a hard truth the “we can print more $$” crowd need to absorb.
If business cost increases so too does consumer cost. Factor in inflation/stagflation/whatever is affecting the value of the dollar to the price of goods and you eventually end up where you were before.
Those who have skill sets in demand make more $$. Those who don’t have skill sets in demand don’t make a whole lot of $$. We are in a knowledge economy, not a manual labor economy. Employers value the most important real estate (the 12″ between your ears) and not a person’s ability to conduct unskilled labor.
In three paragraphs, you have shown more knowledge of economics than AOC acquired with a 4 year degree.
She undoubted obtained that Econ degree using her only marketable skills on her perfessors, and it wasn’t mixing a good cocktail. Although, cocks and some tail were likely involved.
…undoubtedly, dammit.
Many past accounts of her say that AOC was a mediocre Bartender at best.
Can you imagine what would happen if the US started engaging in currency manipulation like China? The world economy would implode.
But hey, if Rep Tlaib says we can just mint a couple trillion dollar coins and we’ll be ok, why not?
Money is made up anyways. So we can simply pass a law or use wishful thinking to move the economy in any direction we wish. It’s not like anything bad could happen…
As wages go up, so does business costs.
And business costs go up, so do retail prices.
As retail prices go up, they will surpass minimum wages again, and we will be the same place we are now.
The BIGGEST problem with increasing minimum wage, is absorbed by the people currently making around $20hr. After several years in their position.
Their wages stay stagnant, as business are forced to pay more and more for new-hires with no experience.
The experienced workers are therefore struggling more and more as minimum wage catches up to what took them years to earn. And the cost of everything around them is out of control for their income.
First comment? Welcome aboard. Unless you’re a long time lurker, please hit the TAH FNG at the top of the site. It’ll tell you what we’re about, and what you can expect. I also edited your display name. Go to the Valor Vulture tab and scroll to my PSA there to see shy.
Increasing the minimum wage sounds great, but in reality has lots of unintended consequences. Look at Seattle, with the highest minimum wage in the country. How’s that working out? As usual the answer is “depends.”
While some workers at the upper end of the low wage scale benefited, the rest were not.
Economics 101:
Source: Investors.com
The minimum wage is always zero.
If someone declares a five dollar worker to be worth fifteen, no one is likely to hire that person. Thus zero.
Anyone else notice computer “place your order” kiosks and floor buffing robots are increasingly common?
Personally, I’d rather order on a kiosk than have to deal with a ADD teenager who has an earbud in and won’t look me in the eye. Computers don’t screw up orders.
When talking about the minimum wage with a lefty zealot, remind them that all their favorite countries in Northern Europe that they point to as successfully integrating socialist policies don’t have one.
Finland, Sweden, Norway, and Denmark the favorite examples of where socialism (which they aren’t, but that doesn’t stop the lefties) works have no minimum wage. None.
“Economics 101” or EC101 but everyone called it
Easy 101 because it was an easy 3 credit hours.
Most likely a students first 3 credit hours.
Spot on thebesig, too bad neither you not Milt Thomas will be heard by the people wanting to shove their progressiveness down everyone else’s throats. You because you’re a PTSD crazy Veteran and Milt cause he is an Unka Tom that has left the Plantation in SW GA and doesn’t toe the Party Line. Those people have no clue on how a business actually works and what a profit means because they’ve never had to produce anything. Most of this type crowd got their allowance from Mom and Dad, had everything paid for them by someone else, and that is just the way it was. Those of us who have had to work for a living and produce something of value understand.
I could go on and on giving failed examples of teh stoopid business models that made a race to the bottom for pricing, selling out their distribution networks to the lowest bidder big box stores and seeing how fast the core manufacturing jobs could be sent off shore. Anybody remember a little outfit called RCA? How about GE? Zenith? Westinghouse? (there is some hope for WH with their 40 watt Phased Array Plasma Gun)
The cheaper labor desire has been around forever and with the global market the Communist Chinese Government perfected the best business model since the slave labor of Adolph Hitler. Pay no wages and mush/gruel is cheap.
I once compared entry level buying power of the Cinese workers at our Shenzhen area plant with an entry level Walmart worker. Unless the American lived very close to work more or less rent free, like with their parents, they were no better and in many states far worse off financially.
Dems never understand that money is just not out there in the universe somewhere waiting to be used. Someone always pays. The customer or the employer and were I an employer, I wouldn’t take home less because an increased wage was legislated on my business. The customer would pay for it. If the level of service in my state is what $15 and hour gets me, then what the hell do they think more will give me? Hard enough now to get a drive-thru order taker I can understand over the speaker. Their English and service isn’t going to get better with more money and I damned sure not going to learn another language.
But the new class of American Heroes deserve a living wage! That’s where I think this stockboy “hero” stuff is headed.
New heroes? Fuck that.
Go talk to a power lineman who did their job for the last 30-40 years in the shittiest of conditions, away from home on storm duty for days/weeks at a time, ask them how many coworkers funerals they’ve been to, and then ask them how many times THEY got treated like heroes.
When everyone is a hero, nobody is.
“how many coworkers funerals they’ve been to”
Lost a local here not too long ago.
Walked into a downed live primary in the dark.
Young guy, wife and kids.
Sparky, I agree BTW. I tried to type in “sarc” font but it was edited out. Must have been the punctuation I used.
The ones who showed up here a few years ago in the middle of the night in an ice storm got treated like they were heroes. Made coffee for them. Didn’t have any food for them but finally got the foreman to take some $$ to buy them all breakfast. (I told him I’d just follow them around until they stopped at a restaurant and give the $$ to the cashier, so he would be doing me a huge favor to not make me do that.)
Just the next stage of “everyone gets a trophy”
Fight For $15 seems like ancient history.
Fight For $50K is the new rallying cry.
Granted, $50,000 annually doesn’t go very far for a family of four here in the PDRofMA, but its a good starting point.
CCR, I too am a subject within the borders of the PDFofMD. My MIL is dyed-in-the-wool blue and swears the “fight for 15” is a just one. However, when I ask if $15 is good, why not go for $200/hr, she has some issues with it; none that can be articulated.
FWIW, she REFUSES to read any HRC Wikileaks links I send to her. Go fucking figure…
This is why automation is becoming prevalent in American manufacturing. They don’t not show up, they don’t strike, and they don’t ask for pay raises.
They don’t do drugs on duty, either. Nor do they steal everything that isn’t nailed down.
Millions more unemployed/unemployable folks are expected to vote reliably for their Donk patrons.
Thus the “anti virus” orders to close businesses.
The Donks and other Progtards will wreck the whole nation for power. “For you own good”.