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qman
Stranger

Registered: 12/06/06
Posts: 34,927
Last seen: 2 days, 20 hours
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Re: R U OK with this? [Re: Icepic] 4
#18915070 - 10/01/13 08:41 AM (10 years, 4 months ago) |
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Quote:
Icepic said: If Walmart starts paying higher wages, price of everything in stores go up, a bunch of stores must close because there is not enough money to pay people at all the stores, people quit shopping there because of ridiculously high prices, in the end Walmart collapses. So as an heir to a business lets make sure we completely destroy our families legacy by giving hand outs to people. Walmart is in business to make money not give someone a job, as an employee you are less important then toilet paper, if there is only enough money for toilet paper or an extra employee, I gurantee there will be toilet paper for current employees and customers to wipe their ass with and the extra employee won't be there.
I don't understand why people bitch about wages, go start your own business, I didn't like the $8.95 I made at Starbucks for years, I started my own company and now bill out at $100-$125 an hour depending on the job. If your wage sucks do something else staying at a job that under pays is a choice, people who understand logistics of business know you can't just start paying people a bunch of extra money it is not sustainable, the margins on a lot of businesses are super thin to begin with. If I have $300 an hour allotted to pay employees at $10 an hour I can give thirty people jobs, everyone starts bitching wanting $20 an hour and I being the nice guy I am, comply with the demands, unfortunately 15 people get the $20 an hour and the other fifteen get fired because I can't pay them, an extra $300 an hour just doesn't materialize in my budget. It may suck but it's a fact people start business to make money and you can't do that if you over pay everyone that works for you.
"If Wal-Mart starts paying higher wages, price of everything in stores go up."
Not likely, in a price competitive environment companies do not have the luxury of hiking prices. The more likely outcome is a smaller profit margin, which hurts shareholder value.
A smaller profit margin does NOT mean they will have to close stores, they just become slightly less profitable, why people make this such a black or white issue is beyond me.
For the record, minimum wage is at a all-time low in real terms (inflation adjusted), this is a sign of economic deterioration more than anything else, this is not going to change.
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Shins
Fun guy



Registered: 09/15/04
Posts: 16,337
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Re: R U OK with this? [Re: qman] 1
#18915077 - 10/01/13 08:44 AM (10 years, 4 months ago) |
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A low minimum wage is good. It allows low value workers to be employed.
otherwise they are priced out of the market.
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vinsue
Grand Old Fart



Registered: 02/17/04
Posts: 17,953
Loc: The Garden State(NJ)
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Re: R U OK with this? [Re: B_BOY]
#18915081 - 10/01/13 08:46 AM (10 years, 4 months ago) |
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Quote:
B_BOY said:
gotcha, i guess, so you are just baiting people really? With no opinion yourself?
Opinion? Here ya go
Walmart sucks, haven't been in one for years, and never will. My sons and daughters don't either.
Minimum wage should be around 10$/hr.
Hiring part time to avoid paying benefits is Bullshit.
A little off topic, I hope Pappa John slowly chokes to death on his shitty pizza.
Also off topic, Gov. Chris Christie has earned a lot of respect from me this past year, but he still will not get my vote on Nov. 5... . . .
--------------------
"All mushrooms are edible; but some only once." Croatian proverb. BTW ... Have You Rated Ythans Mom Yet ?? ... ... HERE'S HOW ... (be nice) . ...
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Shins
Fun guy



Registered: 09/15/04
Posts: 16,337
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Re: R U OK with this? [Re: vinsue]
#18915089 - 10/01/13 08:49 AM (10 years, 4 months ago) |
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How the fuck do you know what minimum wage should be? Why $10? Why not $20? $50? $100? $1000 /hour?
Do you want to price young and unskilled workers out of the market so that then they would have no job at all? That's what minimum wage does.
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B_BOY
Phuck Ewe



Registered: 07/17/11
Posts: 2,819
Loc: O
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Re: R U OK with this? [Re: vinsue]
#18915095 - 10/01/13 08:50 AM (10 years, 4 months ago) |
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Quote:
vinsue said:
Quote:
B_BOY said:
gotcha, i guess, so you are just baiting people really? With no opinion yourself?
Opinion? Here ya go
Walmart sucks, haven't been in one for years, and never will. My sons and daughters don't either.
Minimum wage should be around 10$/hr.
Hiring part time to avoid paying benefits is Bullshit.
A little off topic, I hope Pappa John slowly chokes to death on his shitty pizza.
Also off topic, Gov. Chris Christie has earned a lot of respect from me this past year, but he still will not get my vote on Nov. 5... . . . 
Hiring part time to avoid obamacare you mean. And Chris Christie?
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something super extreme
NIGGA YOU A FUCK NIGGA!


Registered: 10/29/12
Posts: 17,397
Loc: TURNT UP!
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Re: R U OK with this? [Re: Shins]
#18915099 - 10/01/13 08:52 AM (10 years, 4 months ago) |
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Low value. Precisely. They are paid mediocre wages to do unsophisticated work. It's really a no-brainer. Demanding to be paid +$2.50-$7.50/hour results in the loss of a minimum of $5.5m per year for a company with two million employees. Any remotely business-savvy person would be able to tell you why throwing away money is a poor idea
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qman
Stranger

Registered: 12/06/06
Posts: 34,927
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Re: R U OK with this? [Re: Shins] 2
#18915101 - 10/01/13 08:52 AM (10 years, 4 months ago) |
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Quote:
Shins said: A low minimum wage is good. It allows low value workers to be employed.
otherwise they are priced out of the market.
Let me ask you, if we used that line of reasoning, what makes you think that low-skilled labor in the US is anymore valuable than that of China?
If not, the only way low skilled labor in the US is going to get employed again (real unemployment rate is 23-24%), is to directly compete with the wage costs (China is .50-$1.50 per hour)
So you suggest that US citizens drive to work and make $2-3 per hour for the sake of working? That is what a real "free" market brings to the table.
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Uzziel
O_o


Registered: 12/30/10
Posts: 11,689
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Re: R U OK with this? [Re: Shins]
#18915105 - 10/01/13 08:54 AM (10 years, 4 months ago) |
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Quote:
Shins said: How the fuck do you know what minimum wage should be? Why $10? Why not $20? $50? $100? $1000 /hour?
Do you want to price young and unskilled workers out of the market so that then they would have no job at all? That's what minimum wage does.
Way to blow it out of proportion, $10 is more reasonable and more "livable"...
common really....... $10/hr is NOT a lot of money......
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vinsue
Grand Old Fart



Registered: 02/17/04
Posts: 17,953
Loc: The Garden State(NJ)
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Re: R U OK with this? [Re: Shins]
#18915109 - 10/01/13 08:55 AM (10 years, 4 months ago) |
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Quote:
How the fuck do you know what minimum wsge should be?

Easy there fella. Dude asked my opinion.
20 would be better, but that will never happen what with the union busting that's so popular here in the USA... . . .
--------------------
"All mushrooms are edible; but some only once." Croatian proverb. BTW ... Have You Rated Ythans Mom Yet ?? ... ... HERE'S HOW ... (be nice) . ...
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Uzziel
O_o


Registered: 12/30/10
Posts: 11,689
Last seen: 4 years, 2 months
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Quote:
sVs said: Low value. Precisely. They are paid mediocre wages to do unsophisticated work. It's really a no-brainer. Demanding to be paid +$2.50-$7.50/hour results in the loss of a minimum of $5.5m per year for a company with two million employees. Any remotely business-savvy person would be able to tell you why throwing away money is a poor idea
Ohhhhhhh a few million huh? They rake in billions in profit. Oh boo hooo.
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something super extreme
NIGGA YOU A FUCK NIGGA!


Registered: 10/29/12
Posts: 17,397
Loc: TURNT UP!
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Re: R U OK with this? [Re: Uzziel]
#18915113 - 10/01/13 08:56 AM (10 years, 4 months ago) |
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$7.50 is livable. People just wrongly believe they are entitled to needless luxuries, and desire to live well above their means.
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something super extreme
NIGGA YOU A FUCK NIGGA!


Registered: 10/29/12
Posts: 17,397
Loc: TURNT UP!
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Re: R U OK with this? [Re: Uzziel]
#18915118 - 10/01/13 08:57 AM (10 years, 4 months ago) |
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So a company should needlessly throw away millions, yes or no? Why? Because everyone is really nice and deserves a few more dollars? Give me a fucking break.
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nicechrisman
Interdimensional space wizard



Registered: 11/07/03
Posts: 33,241
Last seen: 4 years, 6 months
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Yes we should continue to scrap the "American Dream" so that Walmart owners can make more money.
-------------------- "Cosmic Love is absolutelely ruthless and highly indifferent: it teaches its lessons whether you like/dislike them or not." John C. Lily
Edited by nicechrisman (10/01/13 08:58 AM)
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Shins
Fun guy



Registered: 09/15/04
Posts: 16,337
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Re: R U OK with this? [Re: qman]
#18915122 - 10/01/13 08:58 AM (10 years, 4 months ago) |
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Quote:
qman said:
Quote:
Shins said: A low minimum wage is good. It allows low value workers to be employed.
otherwise they are priced out of the market.
Let me ask you, if we used that line of reasoning, what makes you think that low-skilled labor in the US is anymore valuable than that of China?
If not, the only way low skilled labor in the US is going to get employed again (real unemployment rate is 23-24%), is to directly compete with the wage costs (China is .50-$1.50 per hour)
So you suggest that US citizens drive to work and make $2-3 per hour for the sake of working? That is what a real "free" market brings to the table.
I'm fine with that. If you can only produce $2 worth of work would I pay you $10?
If All you can produce is $2 youd better check yourself
the Alternative is that i dont hire you at all and you end up making $0
would you rather make $1.50 or $0?
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B_BOY
Phuck Ewe



Registered: 07/17/11
Posts: 2,819
Loc: O
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Quote:
nicechrisman said: Yes we should continue to scrap the "American Dream" so that Walmart owners can make more money.
To many of you want the dream just givin to you for nothing, that is the problem
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Uzziel
O_o


Registered: 12/30/10
Posts: 11,689
Last seen: 4 years, 2 months
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Quote:
sVs said: $7.50 is livable. People just wrongly believe they are entitled to needless luxuries, and desire to live well above their means.
Didn't you just talk about how they need to own up and get a better job? They certainly aren't doing that on $7.50. They aren't going to get overtime either. I don't think its reasonable to work 80 hours a week, every week either.
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Uzziel
O_o


Registered: 12/30/10
Posts: 11,689
Last seen: 4 years, 2 months
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Quote:
sVs said: So a company should needlessly throw away millions, yes or no? Why? Because everyone is really nice and deserves a few more dollars? Give me a fucking break.
We should all just be happy with $2 a hour, fuck it right? You just need enough to eat peanut butter and rice.
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lowbrow
Paddy Time!!!!


Registered: 09/12/08
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Re: R U OK with this? [Re: Shins]
#18915129 - 10/01/13 09:01 AM (10 years, 4 months ago) |
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Quote:
Shins said: How the fuck do you know what minimum wage should be? Why $10? Why not $20? $50? $100? $1000 /hour?
Do you want to price young and unskilled workers out of the market so that then they would have no job at all? That's what minimum wage does.
What you just said makes absolutely no sense.
-------------------- Amanita86 said: Sui is trying to mod right now. Kinda like a newborn calf tryin ta stand fer the first time ain’t it..
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Shins
Fun guy



Registered: 09/15/04
Posts: 16,337
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Re: R U OK with this? [Re: Uzziel]
#18915130 - 10/01/13 09:01 AM (10 years, 4 months ago) |
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Quote:
Uzziel said:
Quote:
Shins said: How the fuck do you know what minimum wage should be? Why $10? Why not $20? $50? $100? $1000 /hour?
Do you want to price young and unskilled workers out of the market so that then they would have no job at all? That's what minimum wage does.
Way to blow it out of proportion, $10 is more reasonable and more "livable"...
common really....... $10/hr is NOT a lot of money......
$1000 is even more "livable" point is you pulled that number out of your ass. The market should determine wages not people pulling numbers out of their butts.
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nicechrisman
Interdimensional space wizard



Registered: 11/07/03
Posts: 33,241
Last seen: 4 years, 6 months
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Re: R U OK with this? [Re: B_BOY]
#18915131 - 10/01/13 09:01 AM (10 years, 4 months ago) |
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Quote:
B_BOY said:
Quote:
nicechrisman said: Yes we should continue to scrap the "American Dream" so that Walmart owners can make more money.
To many of you want the dream just givin to you for nothing, that is the problem
I don't think people who are employed are asking for something for nothing. Just a living wage. When you look at wage vs cost of living figures, you can see how little Americans are really being paid these days compared to the 70s and 80s.
-------------------- "Cosmic Love is absolutelely ruthless and highly indifferent: it teaches its lessons whether you like/dislike them or not." John C. Lily
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