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In reply to the discussion: You Call This A Middle Class? “I’m Trying Not to Lose My House” [View all]HughBeaumont
(24,461 posts)23. Shared. It's all about what I asked in my recent post about wages . . .
Is this situation the fault of the government for trying to make things an atom speck fairer for severely underpaid workers or is this situation the fault of said short-term/short-sighted small businessperson for being under the mistaken notion that the ridiculously low 7.25 an hour insult would remain in place for eternity? Is the small business owner under the notion that workers in 2014 are paid too much? Fact after chart after graph after study proves that idea dead freaking wrong, and if you have workers with no disposable income, there will be no DEMAND. That's not "Economics 101", that's Common Freaking Sense.
I just have to understand why these people thought that they could get away with paying people a pittance forever . . . and it IS a pittance. With studies showing that 40% of workers now making LESS than the inflation-adjusted minimum wage of 1968, it borders on idiotic to think that a proper inflation correction (which used to be sound economics and sound capitalism but is now apparently "SOSHULTITS" in 2014) is "asking too much".
Is it that they just want every other company besides theirs to get demand going by increasing worker's wages? Or should it be phased in gradually for small businesses, right away for large ones? Is that a fair plan or is there more to it than that?
I just have to understand why these people thought that they could get away with paying people a pittance forever . . . and it IS a pittance. With studies showing that 40% of workers now making LESS than the inflation-adjusted minimum wage of 1968, it borders on idiotic to think that a proper inflation correction (which used to be sound economics and sound capitalism but is now apparently "SOSHULTITS" in 2014) is "asking too much".
Is it that they just want every other company besides theirs to get demand going by increasing worker's wages? Or should it be phased in gradually for small businesses, right away for large ones? Is that a fair plan or is there more to it than that?
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this country's economy is nothing any politician, or their loyal followers, should crow about...
KG
Mar 2014
#1
this country's economy is nothing any politician, or their loyal followers, should crow about...
Plucketeer
Mar 2014
#35
They may not be worried about control, but they are eyeing the exits as far as the casino is concern
reformist2
Mar 2014
#14
"All the employees were invited to go along." This is unusual for 2011 businesses.
Sunlei
Mar 2014
#8
I understand those reasons but that is a choice to not accept offered continued employment.
Sunlei
Mar 2014
#21
let's get a bill through where before any foreign visa workers are imported unemployment ranks must
Sunlei
Mar 2014
#9
There is definitely something to this. I'm of the mind that I target a few employers and spend my
Ed Suspicious
Mar 2014
#24
That's not to say my method will land a job, and I acknowledge times are tough out there. I just
Ed Suspicious
Mar 2014
#25
I looked requirements up. More is required than just 2 or 3 email 'contacts' a week.
Sunlei
Mar 2014
#43
Cleveland? Have you ever been there? Might as well move to Camden. You will need a gun.
L0oniX
Mar 2014
#32
Many here will take the slightest opportunity to make a dig at an area they
ScreamingMeemie
Mar 2014
#48
I've walked down Market street of San Fransico , NYC 42nd street, down town Tampa past midnight...
L0oniX
Mar 2014
#65
Walking from the Hall of Fame to bus station after close is safe now? Ok good for you then.
L0oniX
Mar 2014
#67
Yes, downtown is the safest part of the entire city, statistically and numerically, it is lower
Ikonoklast
Mar 2014
#72
It could be that many people still have the Reagan restructured economy in mind; only now
DhhD
Mar 2014
#36
good points. republicans have said they want to do away with the (way to low)minimum wage
Sunlei
Mar 2014
#50
"All declined, including Brown, who had lived in Chicago her entire adult life..."
ScreamingMeemie
Mar 2014
#29
My dad did the same thing. My parents were both born, grew up, went to school in NYC
riderinthestorm
Mar 2014
#46