JC Callender
DP Veteran
- Joined
- Jan 26, 2013
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- Metro Detroit
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They are laughing at the taxpayers for supplementing the wages of their staff. Yes...I think work exchange programs are a good idea, especially in areas of shortages. No one should get a hand out for doing nothing..but those who are truly trying, should receive a hand up such as an increase in minimum wage. Working for entitlement benefits builds a work ethic and self esteem and all companies should consider it. Even with all of the expenses you listed, McD's is still killing it in profits.
It doesn't work like that...for the one person making 15.00 per hour....there are 25 or more customers spending 15-20 per transaction.
So the true and simple ratio...15.00 per hour: 375.00 in sales for the hour. They are still making a great profit based on volume. I do agree, the Unions were a big part of pushing jobs overseas...but by doing that...look what happened to our middle class. Overall, their reasoning to earn greater profits hurt the US gravely. Even tho, the wages of the auto workers were inflated, they were able to spend more money...they built nice houses, were able to buy cars for their kids sweet 16 birthdays and many industries benefited from it. Today, a new auto worker for Ford starts at 13.00 per hour..but you notice the price of cars have not gone down...and are more expensive than ever. I was in sales in the 80's and burned through a lot of cars...I used to pay cash for them and drove them till they died. I paid cash for a Pontiac Fiero...3500.00 (1987) brand new out the door, today that car would be 20,000.
This is partly true...so since these company's and CEO's are American...do they have any responsibility to the overall financial health of the folks who work for them...or is it ok to you..that the CEO's and stockholders are living much larger today...enjoying the fruits of this wonderful country..while screwing over the ones who put them where they are? A mistake was made with the Unions and their extortion of wages..but even with that..are we better off today with lower wages and high profits. I could see your point..if these companies were struggling, but they are not and much better off than they were before. So, to you, the best solution was to move the companies into other countries...and screw Americans? This is as unpatriotic as it comes.
we are told tough luck. that is my problem I make good money now, but if the burger flipped makes 15 an hour no one is going to give me a 60% increase in pay and my job is way more difficult requires travel and a whole bunch of other things.
I will get the same pay increase as I always get.
The folks who work at places like McD's, might have had a good job at one time...but lost it during the recession and off shoring. We also have seniors working at these places too...because they lost a big portion of their retirement during the Bush Administration and now forced to work at Walmart or fast food. I admire the folks who swallow their pride and take a job like this after earning a good middle class wage...at least they are paying their way. Nothing wrong with a honest days work. The part that bothers me...they can't live on less than 8 dollars per hour and the taxpayers supplement their wages while the upper crust of the company laughs about it. This should bother any tax payer. Then when these companies start to get nervous about minimum wage hikes..they threaten their customers with higher prices...making us supplement these wages again. I earn a very good wage...I also pay 36% in taxes...but I could care less if someone less fortunate earns more..it is no skin off my nose at all. Anyone with a degree in business, can see when more money is circulated, the better the economy. Higher wages equal more spending power and everyone benefits...right down to the Mom and Pop shop who sells ice cream.
A $15 an hour worker costs a lot more than $15 an hour. That's one of the problems with paying people more. It's $15 + SS + workman's comp + Medicare, and, if they're full time, + medical insurance. Often, you have to add in sick leave along with other sorts of leaves.
Now, if the worker is worth $20 or $25 an hour, that' OK. If they're only worth $10, then the employer has a problem, which is generally solved by hiring fewer workers in one way or another, or by hiring illegal labor.
FUD, larger towns generally pay more for the same position.
I can tell you from personal experience you'd be wrong. I'm glad you got the help to move, but making things up is just silly. There is a reason a lot of the fly over states are called "economic black holes" its hard to escape them without assistance. Be it college acceptance or a job offer from another state. That is why mobility is a luxury.
It doesn't work like that...for the one person making 15.00 per hour....there are 25 or more customers spending 15-20 per transaction.
So the true and simple ratio...15.00 per hour: 375.00 in sales for the hour. They are still making a great profit based on volume. I do agree, the Unions were a big part of pushing jobs overseas...but by doing that...look what happened to our middle class. Overall, their reasoning to earn greater profits hurt the US gravely. Even tho, the wages of the auto workers were inflated, they were able to spend more money...they built nice houses, were able to buy cars for their kids sweet 16 birthdays and many industries benefited from it. Today, a new auto worker for Ford starts at 13.00 per hour..but you notice the price of cars have not gone down...and are more expensive than ever. I was in sales in the 80's and burned through a lot of cars...I used to pay cash for them and drove them till they died. I paid cash for a Pontiac Fiero...3500.00 (1987) brand new out the door, today that car would be 20,000.
I am not sure where you work...but the CEO approves the operating budget and salaries are part of that. They determine what the annual increases will be.
A new hire at Ford makes $13/hr?
Hardly.
Wage increases for Entry-Level workers add to their base pay | UAW
View attachment 67184612
As to prices, do you have any idea how much it costs Ford to meet all the government mandates?
Actually the chart is uplifting and good news. I only based my starting figure on what people have told me. I have students who work for Ford locally and a few neighbors. I wonder if the UAW sets those wages on cost of living in the different States and those figures are averaged.
I wish we could stop arguing from caricature:
Here's what federal minimum wage looks like in our country.
Here's what low-wage work looks like ($10,10 and hour or less):
Those stats should punch a big hole in the caricature of only pimply-faced teens and morons working minimum-wage jobs. As you move up the scale from federal minimum wage to average minimum wage to "low" wage, you see the stats trend older and more educated. These are stats that just can't be waived away with
With these protests, what I see are low-paid workers fighting for a better life for themselves using whatever leverage they have -- the same way everyone else extracts wealth from the economy.
How can this be? We're always told that modern liberalism is all about fairness.
Can you prove that an older person with more schooling can make hamburgers more efficiently than the younger people or seniors?
No need to prove such a thing. I worked at McDonald's for years. It requires no specialized skills, but it involves intense, focused physical labor -- sometimes its quite dangerous. Wages simply haven't kept up in aggregate for decades, so these workers are wise to use apply upward pressure on compensation. It's overdue.
I worked fast food as well and I wouldn't consider it intense labor and I certainly wouldn't considerate it dangerous for anyone with common sense. It's a very basic job that just about anyone could do...it's set up that way. The perfect job for teenagers and seniors.
Not really a liberal mindset..and you are deflecting the question. Retirements are a whole different subject and yes...they too hurt companies who are unionized. You seem to be glorifiying these companies who moved their operation to lower paying countries so the CEO's could get richer..and I just can't understand that mindset. It is a typical conservative mindset tho. You guys worship these folks as if they are gods and they would not give you a drink of water if you were dying of thirst. I just think the US is better than what we are doing with our middle class...the class that actually built this country to greatness and now the middle class is dying a slow death. You also complain of regulation...What regulation? We just saw a huge oil spill due to a Texas oil company not bringing their pipe line up to code. I would love not to pay for the services of the EPA...all they are is a government babysitter that the taxpayers pay for to ensure that these companies are doing the right thing. Why do they need to be told basic safety measures or even forced..after all they must be smart..they are earning into the millions. The nation was forced into regulation by greed. Don't you think we are better than China...a country who shuts down their expressways due to smog? or the fact you have to wear a mask to move about the city?
I meant they are worth $15.00 total, not an hour.
The folks who work at places like McD's, might have had a good job at one time...but lost it during the recession and off shoring. We also have seniors working at these places too...because they lost a big portion of their retirement during the Bush Administration and now forced to work at Walmart or fast food. I admire the folks who swallow their pride and take a job like this after earning a good middle class wage...at least they are paying their way. Nothing wrong with a honest days work. The part that bothers me...they can't live on less than 8 dollars per hour and the taxpayers supplement their wages while the upper crust of the company laughs about it. This should bother any tax payer. Then when these companies start to get nervous about minimum wage hikes..they threaten their customers with higher prices...making us supplement these wages again. I earn a very good wage...I also pay 36% in taxes...but I could care less if someone less fortunate earns more..it is no skin off my nose at all. Anyone with a degree in business, can see when more money is circulated, the better the economy. Higher wages equal more spending power and everyone benefits...right down to the Mom and Pop shop who sells ice cream.
It depends on the individual situation, but certainly far short of $15.Does anybody know with the increase to $15.00 just how much extra the employee would actually keep in his pocket considering he will have to start paying local, state and federal income taxes?
You are claiming you bought a new Fiero in 1987 for $3500.00 cash?
Is that right?
The 1986 Fiero GT, which at $12,999 cost nearly $4,000 more than the base model, came standard with the high-output, 140hp, 2.8-liter V-6 and dual exhausts, a Muncie-built Getrag five-speed manual transmission, staggered-width 15-inch diamond-spoke alloy wheels hiding four-wheel power disc brakes, an AM/FM/cassette stereo and a leather-wrapped three-spoke steering wheel. The GT cost $13,489 in 1987. Major alterations arrived in 1988 when the Fiero's front and rear suspensions were substantially upgraded, all brake discs were vented and the $13,999 GT's V-6 engine received an internally balanced crankshaft for greater smoothness.
I wondered about that.
A new car for $3,500 back in the early '70s would be about right, but in 1987, after OPEC and runaway inflation?
So, I looked it up and found this:
I had my Dad with me when I bought it with a trade in. He was magical with car salesman and taught me everything I know about haggling with them. I think it was a 86 because I bought a Mark Cross Lebaron in 1988 convertible used for 8800.00 which I paid cash for as well. The Pontiac...tho is looked like a sports car was a piece of junk..it only had a four cylinder and could barely get out of the way of itself. I was fresh out of college and driving about 500 miles per week in sales....I roasted through a lot of cars in the 80's and back then, once a car reached 70-100 thousand miles they turned into rattle traps. The Mustang I traded in for the Pontiac was a piece of crap too.
We’re here to tell McDonald’s and its shareholders to invest in the company and its workers instead of wealthy hedge fund managers and executives,”
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