Micky D's Minimum Wage Budget Ignores Tax Credits, Food Stamps and Reality
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Thread: Micky D's Minimum Wage Budget Ignores Tax Credits, Food Stamps and Reality

  1. #1
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    Arrow Micky D's Minimum Wage Budget Ignores Tax Credits, Food Stamps and Reality

    McDonald's Minimum Wage Budget Ignores Tax Credits, Food Stamps And Reality - Forbes

    Interestingly, you should be able to spot the underlying issue... government intervention. What the supporters of minimum wage fail to understand, is that by forcing (via law) civilian employers to pay it's employees more... the work force will simply be reduced to make up for the losses in revenue by more pay. You see, if employer X pays it's 50 employees $7.25hr... it can sustain the 50 employee work force. If said employer is forced to pay it's employees $9-10.00hr... they will just cut five employees from the force to cover the difference. The remianing employees will have to pick up the slack of the fired employees, thus still feeling underpayed for the work they do. Further, those employees who were fired are now unemployed and sucking the gov't teet of unemployment. The system hasn't gone anywhere, people. Between the overhead, taxes and regulations... AmeriKan businesses are already on thin ice and more gov't intervention isn't the solution.
    Quote Originally Posted by Deanimator View Post
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    Not only that, but in the future, people with few skills will have a harder time finding work if minimum wage is increased. Those who favor a minimum wage law seem not to understand that the law of supply and demand also applies to wages; the more they're required to spend on labor, the less labor they'll use, and the higher the unemployment rate will be in the long run.

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    Quote Originally Posted by tattedupboy View Post
    Not only that, but in the future, people with few skills will have a harder time finding work if minimum wage is increased. Those who favor a minimum wage law seem not to understand that the law of supply and demand also applies to wages; the more they're required to spend on labor, the less labor they'll use, and the higher unemployment will be in the long run.

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    Right on, tattedupboy! People don't understand the dynamics of employment in the civilian market, specifically the service industry where minimum wage earnings are the 'special of the day'. Case in point, my wife works in the food-service industry part-time while she's going to school. She is a shift-leader and earns a little more than the 'regular' workers. These other workers always b!tch about not getting enough $$$... unknowingly to themselves (I assume), they're the least productive. The owner has a hard time firing these people (the regular employ in general, not these specific people) b/c if he does so, he'll put more strain on employees like my wife. Oddly enough, the shift-leaders are part-time students as well who have little room in their schedules for more hours. If they did squeeze in more hours and more work load b/c of the reduced manning (after say, firing the crappy ones) they'd all ask for more $$$. He's gotten nowhere... it's like whipping your ass with a wagon wheel. So, what happens is he keeps a certain number of regular employees (minimum wage only) on the payroll to be the 'worker bees' and handle the odds & ends while keeping more productive employees handling the direct customer requirements. This way, he keeps his more porductive employees handling the 'important' stuff while the minimum wage/regular employees do the "b!tch work"... while they b!tch about not being paid enough.

    If he was able to pay his other employees what they were worth, they'd get something like $5.00hr. Then the rest could be profit or be turned back to the more productive employees who surpass their peers. But... we have minimum wage laws that keep everybody at a lower level. Way to go government... you've f*cked this up too.
    Quote Originally Posted by Deanimator View Post
    [*]Don't be afraid to use sarcasm, mockery and humiliation. They don't respect you. There's no need to pretend you respect them.
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    Fast food, minimum wage workers go on strike. Read the comments from their spokesman, what an idiot.

    US Fast Food Workers Strike, Demand 100% Pay Raise | Zero Hedge
    Quote Originally Posted by Deanimator View Post
    [*]Don't be afraid to use sarcasm, mockery and humiliation. They don't respect you. There's no need to pretend you respect them.
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    Quote Originally Posted by tattedupboy View Post
    Not only that, but in the future, people with few skills will have a harder time finding work if minimum wage is increased. Those who favor a minimum wage law seem not to understand that the law of supply and demand also applies to wages; the more they're required to spend on labor, the less labor they'll use, and the higher the unemployment rate will be in the long run.
    That's why they are called liberals. You don't have to understand anything, you just have to create victims and then buy their vote with a law that will never effect you anyway.
    Chief

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    The problem is that these jobs were never intended to support a family. When I was young, bored moms wanting a little spending cash worked there in the mornings, high school kids worked there after school and during the summer, and college kids worked there in the evenings for beer money. The only fast food jobs that could be considered full time were (and still should be) management positions. Guess what, once you get to that point you should get a raise.
    -
    Fast food is on the job training about how to be "on the job". Few kids mow lawns for cash, or deliver papers or anything that was available to young kids back in the day. I haven't needed a baby sitter for years, but I bet they are making more than minimum wage now. Both parents work so they can give their kids "things they never had" and the kids are lazy. I know that's a generalization, and some of us parents/kids are different.
    -
    My point is that mickey-d's is supposed to be an entry level position into the workforce. It is something you can put on a resume that says you worked, showed up on time, maybe you get a letter of recommendation from the manager etc.
    Chief

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    If it doesn't fit, FORCE it! If it breaks then it needed to be replaced anyway.


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    Quote Originally Posted by whodat2710 View Post
    The problem is that these jobs were never intended to support a family. When I was young, bored moms wanting a little spending cash worked there in the mornings, high school kids worked there after school and during the summer, and college kids worked there in the evenings for beer money. The only fast food jobs that could be considered full time were (and still should be) management positions. Guess what, once you get to that point you should get a raise.
    -
    Fast food is on the job training about how to be "on the job". Few kids mow lawns for cash, or deliver papers or anything that was available to young kids back in the day. I haven't needed a baby sitter for years, but I bet they are making more than minimum wage now. Both parents work so they can give their kids "things they never had" and the kids are lazy. I know that's a generalization, and some of us parents/kids are different.
    -
    My point is that mickey-d's is supposed to be an entry level position into the workforce. It is something you can put on a resume that says you worked, showed up on time, maybe you get a letter of recommendation from the manager etc.
    Indeed, food service wasn't supposed to be a career job on the make line. Sadly, our under qualified youth (b/c of gov't education) can't make anything of themselves, even with college (Socialist-Indoc II) degrees in large part b/c recently... the well paying job market is minimal at best. Our failing economy is only perpetuating the already bad situation of trained, qualified employees. Oh, and the youth of today in mostly lazy, spoiled and ignorant... I hate my generation.
    Quote Originally Posted by Deanimator View Post
    [*]Don't be afraid to use sarcasm, mockery and humiliation. They don't respect you. There's no need to pretend you respect them.
    Operation Veterans Relief: http://www.opvr.org/home.html

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    Quote Originally Posted by gunnerbob View Post
    McDonald's Minimum Wage Budget Ignores Tax Credits, Food Stamps And Reality - Forbes

    Interestingly, you should be able to spot the underlying issue... government intervention. What the supporters of minimum wage fail to understand, is that by forcing (via law) civilian employers to pay it's employees more... the work force will simply be reduced to make up for the losses in revenue by more pay. You see, if employer X pays it's 50 employees $7.25hr... it can sustain the 50 employee work force. If said employer is forced to pay it's employees $9-10.00hr... they will just cut five employees from the force to cover the difference. The remianing employees will have to pick up the slack of the fired employees, thus still feeling underpayed for the work they do. Further, those employees who were fired are now unemployed and sucking the gov't teet of unemployment. The system hasn't gone anywhere, people. Between the overhead, taxes and regulations... AmeriKan businesses are already on thin ice and more gov't intervention isn't the solution.
    Yup. Plus, if you make me pay workers more I raise the price of the product to compensate. And I'm not paying more $$ to someone who can't fill a simple order of a burger, fries and soda without mashing it together or screwing up the order. No skills, no pride in work = low pay.
    GOD, GUNS and GUITARS

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    When they can make my burger look like the one in the picture they deserve a raise!
    Chief

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