aRoMaN21
over 14 years in the shade...
under 5'3
Do you agree though that the dollar wont inflate anymore? I dont think there is gonna be a minimum wage increase bc of china.
last week was the start of a whole new monetary value concept.
opinon: $7.25 an hour is not a living wage
- Thread starter BlackonBlackCrime
- Start date
under 5'3
Do you agree though that the dollar wont inflate anymore? I dont think there is gonna be a minimum wage increase bc of china.
last week was the start of a whole new monetary value concept.
O.iatlhawksfan
Devoted Joel Embiid hater
Mom and pop businesses prolly don't even employ that many people for them to be severely hit.
aRoMaN21
over 14 years in the shade...
employee wages and salaries are tax deductible as business expenses 
mom and pop stores are dead. they don't employ a significant amount of our population anyway.
employee productivity has sky-rocketed, yet wages have stayed the same
mom and pop stores are dead. they don't employ a significant amount of our population anyway.
employee productivity has sky-rocketed, yet wages have stayed the same
I don't think anyone can predict what's going to happen with the global economy at this point. China's is setting themselves up for doom with aligning itself to Bitcoin. They also have a significant middle class now so it was only a matter of time before they stopped buying the dollar. There are still places in the world that haven't been globalized and will be exploited for growth.
china has much larger problems on its hands. they're building entire ghost cities to prop up their economy
I know. People are acting as if America is the only country that's about to get rocked when it's the whole fukking world
The 1 percent and these corporations aren't tied to any particular country...
O.iatlhawksfan
Devoted Joel Embiid hater
But the thing with China is that they're not playing fair game. They're making it harder to trade, and they're workers are being abused, Look at the documentary on netflix. it's up to the world to continue to expose them
Man listen, NJ rent is fukking 700 and up for fukking studios.
i hear everything you saying and you;'re on to something. but you're missing a key point.
lets do it like this. i create a business for selling shoes. its just me by myself. i'm doing well. i feel its time to expand. i need to bring in more orders. but i cant handle the customers without some help. i now need someone to work at the front desk, i also need another instore shoe sales person. someone to take orders while i attempt to keep expanding the business and stay creative with my shoe designs.
but doing so will cost me the price of 3 employees(not counting myself).
if my business doesnt make enough money to pay all 3 a true LIVING WAGE. then i need not to expand to that point until i know for a fact my expansion will bring in enough money to pay a living wage to that many people. its that simple. yes this will slow business growth. but oh well. its the right thing to do. and it stops the fools gold we have with small businesses now. if you dont earn enough doe in your business to pay your employees a legit wage. then you aint making as much as you think. when you need slave labor in order to make a come up your product isnt as great as you thought it was.
Rockstar Mom
PhatGurlSwag
Ya'll doing something wrong.
Yep, putting too much money into my house
http://www.huffingtonpost.com/2013/07/18/walmart-worker-wages_n_3611531.html
Walmart could pay their workers $12 an hour at only a 46 cent increase to the consumers. Other super corps can pay similar wages for similarly small price increases. But it's like someone already said, the companies are greedy so they rather cut worker's hours and out source jobs.
It's kind of twisted that people are more concerned about saving these greedy billionaires money but don't care about people struggling on their own block.
Walmart could pay their workers $12 an hour at only a 46 cent increase to the consumers. Other super corps can pay similar wages for similarly small price increases. But it's like someone already said, the companies are greedy so they rather cut worker's hours and out source jobs.
It's kind of twisted that people are more concerned about saving these greedy billionaires money but don't care about people struggling on their own block.
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CashmereThoughts
Veteran
You don't have to do any of that tho.
Broke Wave
The GOAT
It's a misconception that Corporations can even pay X wage without adjusting their business. Even a maximum wage of 7.25 cents would cause serious business adjustments across the board due to the costs of the products, it would probably have some types of extreme consequences that I am not really able to think about right now. Anyway, a lot of these corporations profit margins are extremely thin and depend on little things like the ability to pay their workers nothing and the government subsidizing the true cost of the worker. If the minimum wage was 5 dollars, who is picking up the tab for the food housing and healthcare of said worker?
Taxpayer.