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DireStrike

(6,452 posts)

36. Literally impossible - bosses cannot pay their employees the value of their labor

Reply to kpete (Original post)

Mon Dec 15, 2014, 07:30 AM

Dec 2014

Profit comes from either overcharging customers, which is unsustainable in the long term, or paying workers less than the value of their labor (which is unsustainable in the longer term.) That's the only option for someone running a business to make a long-term profit. The lower the wages, the bigger the profit.

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How does $25.18 per hour sound? [View all] kpete Dec 2014 OP

K&R.... daleanime Dec 2014 #1

My home would be paid for. SamKnause Dec 2014 #2

Ditto all that. And my husband with a degnerative disease could have retired at 66 !/2 instead 1monster Dec 2014 #12

I became disabled in 2007. SamKnause Dec 2014 #20

perhaps you could refinance hfojvt Dec 2014 #22

Thank you for your reply and input. SamKnause Dec 2014 #23

hmm, 12 acres hfojvt Dec 2014 #24

Thanks for you kind words. SamKnause Dec 2014 #29

Just about right. marym625 Dec 2014 #3

As Chris Rock says, when a worker making minimum wage mountain grammy Dec 2014 #4

Join a good Union. dotymed Dec 2014 #5

Okay, but what sounds even better is to multiply that rate of growth above minimum wage. TheKentuckian Dec 2014 #6

^^^^^ Great post ^^^^^ woo me with science Dec 2014 #8

"Minimum wage ought to be called homeless pay" < This. Perpetual servitude. n/t jtuck004 Dec 2014 #15

Increasing the min wage would also reduce welfare a good bit 7962 Dec 2014 #7

Sounds like a bare minimum as far as I'm concerned...... socialist_n_TN Dec 2014 #9

Wonderful, but sadly unrealistic PumpkinAle Dec 2014 #10

Up until last year Sweet Freedom Dec 2014 #11

Nice for today. I always disliked basing minimum wages on dollar amounts though. Cleita Dec 2014 #13

Wow! When I made $21/hr I could afford to live and go see my family sometimes. Less than that and DesertDiamond Dec 2014 #14

Another stange thing is a lot of Republicans actually want to do away with the Minimum wage. BlueJazz Dec 2014 #16

Just curious about people making between $10-$25 an hour now B2G Dec 2014 #17

Sounds good, but if that's the base Gman Dec 2014 #18

It should be accompanied by a higher tax rate though ErikJ Dec 2014 #19

This is what it REALLY sounds like 951-Riverside Dec 2014 #21

I have to say I'm not sure I object to that daredtowork Dec 2014 #25

I don't see anyone making an honest living as humiliating themselves Skittles Dec 2014 #26

You don't see it that way daredtowork Dec 2014 #27

that's some people Skittles Dec 2014 #31

But do all of them want to remain in those jobs? daredtowork Dec 2014 #32

Who in their right mind wants to go to work? aspirant Dec 2014 #33

False dichotomy daredtowork Dec 2014 #34

If they consider it WORK,known or unknown to others,there can be a better way aspirant Dec 2014 #35

Machines taking our jobs are a reality everywhere JonLP24 Dec 2014 #30

In the right ballpark Prophet 451 Dec 2014 #28

Literally impossible - bosses cannot pay their employees the value of their labor DireStrike Dec 2014 #36

Sounds like about double what i make right now... Rhythm Dec 2014 #37