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Egnever

(21,506 posts)

1. These people all make the same mistake

Reply to n2doc (Original post)

Wed May 18, 2016, 08:04 PM

May 2016

they assume that cost of business lives in a vacuum. As if when making popcorn if the price of corn goes up all the popcorn makers go out of business. Labor is no different than corn (other than it is a person and not a thing) if the cost of labor goes up for one business it goes up for everyone and the price of the product goes up to reflect the increased cost. The people they are competing against all have the same labor increase.

If you can't afford the labor then you need to rethink your pricing.

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Paul Ryan Thinks Overtime Pay Is Actually�Wait for It�Bad for Workers [View all] n2doc May 2016 OP

These people all make the same mistake Egnever May 2016 #1

As I know four salaried employees who would be directly affected by this... Shandris May 2016 #2

I honestly don't get your point. dgauss May 2016 #5

No, you've drawn it together, except that the point of the law is to 'increase their pay'. Shandris May 2016 #7

Thanks for the thoughtful reply. dgauss May 2016 #10

It's not just about laborers getting better paychecks, Ilsa May 2016 #13

The GOP sells this bull shit all the time liberal N proud May 2016 #3

How many times have we heard that - "This regulation hurts the very people it alleges to help" packman May 2016 #4

It hurts some, it helps some. Igel May 2016 #8

Also "forces" business to act a certain way Cresent City Kid May 2016 #14

Biggesg. Fake. Ever malaise May 2016 #6

I so hate that little fucker. smirkymonkey May 2016 #9

Worst speaker ever??? Initech May 2016 #11

He gets that nonsense from Heritage I bet. Kingofalldems May 2016 #12

He has worked in government his entire career essentially - has no clue what is good for private Justice May 2016 #15

K&R it's surrealistic Jeffersons Ghost May 2016 #16