whysoserious
DP Veteran
- Joined
- Jan 25, 2011
- Messages
- 8,170
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- Location
- Charlotte, NC
- Gender
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- Political Leaning
- Liberal
Business? No, I do not think so. Businesses will always pay low skilled workers on the lower end of the pay scale. This is pretty basic stuff. The problem is the governemtn artificially creating inflation.
You'll note what I say that there is a problem right now because it's been the governments policy to create inflation but it's not fundementally adding anything to the economy. Costs rise. Prices rise but margins do not as a percentage so employee's don't get to benefit.
it doesn't take an economics major to realize that companies are in business to make as much money as they possibly can.
oh yeah :roll: I'm sure the company is just going to absorb the cost and decrease their profit margin :roll: in case you haven't noticed...companies are in business to make money for their owners...NOT to provide a "living wage" for their workers.
That's a simplistic way to view things and I suggest that you probably can't prove that any increase in menial wages would result in price hikes.
American Airlines' unions gave $1.6 billion in concessions a few years ago.
You were saying?
I don't think anyone ever argued that businesses should not pay lower skilled workers lower wages.
but it is a wash. they aren't buying more stuff, they are just paying more for the stuff they were already buying.
walmart isn't buying more product from its suppliers. the only thing that has changed is that the people who didn't get the raise because they don't work at wallyworld get screwed into paying higher prices. that doesn't help the economy.
who said anything about paying people less? :shrug:
It's basic economics. Costs go up, prices go up. Again I'll note, the problem right now is that prices have gone up but wages have not.
then you obviously haven't read many of the threads here that come up on this topic. there is always some liberal whining that people "deserve a living wage" regardless of how uneducated, untrained, unskilled or unmotivated they are.
then you obviously haven't read many of the threads here that come up on this topic. there is always some liberal whining that people "deserve a living wage" regardless of how uneducated, untrained, unskilled or unmotivated they are.
So what?
Businesses need their workers to make money. Workers need the jobs to make money. They will pay as little as they can, and workers will demand as much as they can get.
They are filing bankruptcy.
um...yeah, and how is that in any way relevent to what he said? he did not specify that he had never seen it in this thread :roll:It hasn't come up on this thread though.
Yes. But they gave huge amounts of concessions, in a direct attempt to avoid it, even if it didn't work out. So once again, you made a blanket statement that was demonstrably false. Unions do give concessions in an attempt to help their employer and preserve their jobs. So don't say they don't.
Well thank you for contradicting yourself. I see that you equate respectable pay with paying lower-skilled workers the same wages as everyone else. I don't think anyone said that.
it depends on what you liberals claim "a living wage" to be. I have seen many of your bretheren claim that the HS dropout janitor at mickey D's "DESERVES" the same standard of living as the PhD rocket scientist
which is exactly what I said and your genius reply was to insult me :shrug: they will pay as little as they can. if they are forced to pay more, they will not absorb the cost and make less money, they will raise the price and make the same amount of money.
it depends on what you liberals claim "a living wage" to be. I have seen many of your bretheren claim that the HS dropout janitor at mickey D's "DESERVES" the same standard of living as the PhD rocket scientist
but only as a last resort and only when failure to do so will result is the loss of their jobs.
um...yeah, and how is that in any way relevent to what he said? he did not specify that he had never seen it in this thread :roll:
Uhh, no, it isn't. Depending on the cost, prices may or may not go up, and they they also do not tend to rise and fall at the same rate as the cost itself. Again, do you guys have one ounce of evidence for your claims?
ie. If a company is taxed 5%, they may pass none of it along, 1% along or even all 5% - depending on the situation. So, where is your evidence of the rise and fall? kthxbai
which is exactly what I said and your genius reply was to insult me :shrug: they will pay as little as they can. if they are forced to pay more, they will not absorb the cost and make less money, they will raise the price and make the same amount of money.
crude oil prices go up, does big oil absorb the cost? hell no, they raise gas prices. what makes you think that walmart would act any differently?
That's not a liberal. That's a communist or some ****. lol
Yes. But they gave huge amounts of concessions, in a direct attempt to avoid it, even if it didn't work out. So once again, you made a blanket statement that was demonstrably false. Unions do give concessions in an attempt to help their employer and preserve their jobs. So don't say they don't.
then why not ask him instead of replying to me? :shrug:Then why is he talking about it?
That's my point - it's not relevant.
Can I argue that if costs rise 5% that a company may decide to not pass along all 5%? No, but they are going to make it up somewhere especially with those traded on the markets. If they do not somehow cover these costs their stocks tank. So do I think this is an asinine way of doing things? I do, but still it is right now what it is.
So perhaps a few walk in and are laid off because Wal-Mart just installed the new self check out registers. Businesses are going to cover their increased costs somehow.
Again though, the real problem right now seems to not get addressed. The government creating artificial inflation.
point being, I have seen people on this forum make that claim. contrary to what you have asserted. their political lean is irrelevent
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