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Minimum wage now $9 an hour!!!!
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[quote:Anonymous Coward 34146475:MV8yMTM3NTM3XzM2MDk0NzIxXzQ5REY2ODky] [quote:Sundara:MV8yMTM3NTM3XzM2MDk0NjU3X0VFM0YzMTU3] [quote:Anonymous Coward 34146475:MV8yMTM3NTM3XzM2MDk0NjAyX0UzMjIzMTlE] [quote:Anonymous Coward 11574345:MV8yMTM3NTM3XzM2MDk0NDkyXzMxNjQ1RUJB] And ask yourself: What is the lowest you would pay your employees if there were no laws? $1 an hour? Would you maybe buy some slaves so you could have free labor? Do you know your employees'. I'm a Republican and I earn a good living. But I have seen the other side of life and there are areas in this country where pulling yourself up by your own bootstraps is complete garbage. [/quote] If you live in an area where you can't sell your unskilled labor. You either move to a place where you can sell your unskilled labor....or you stop selling unskilled labor and arrange to sell labor that is needed in your area. What good does raising the price of unskilled labor in an area that apparently does not need it? None. Does raising the price of ice in the Arctic help at all? No. Your only choice are to increase the demand for unskilled labor or reduce the supply of it. That is the ONLY way to get the price of unskilled labor up. How do you do that? Well...you can stop the flow of unskilled labor across the border. You can have your lawmakers stop sending unskilled labor jobs overseas. You can educate and train unskilled laborers with skills that are actually in demand. You can encourage business that uses unskilled labor to expand so that they need more unskilled labor. Arbitrarily raising the price of unneeded unskilled labor...does nada. [/quote] not all min wage jobs are labor jobs, now days many other types of jobs are only offering min wage... i know because i have have been job searching for over two months.. it's not really fair to just put it all on unskilled people, we are just trying to survive in the material world, not trying to take from anyone just trying to take care of our children. [/quote] The same laws apply for any labor market. Unskilled or skilled. If your skill is only pulling minimum wage then that skill is not in demand and there is a supply of that skill that exceeds the demand. Your choices are...change to sell a skill that is in demand....raise the demand for your skill....decrease the supply of your skill. It's just the way it works. It can't be avoided. There is no magic wand or decree that can change it. It's Econ 101. Take action accordingly. [/quote]
Original Message
Is he trying to run us out of business!!! If you raise one side the other would even out with it!!! The money comes from the people that buy the product and the price just rose by $1 cause of the minimum wage raise!! He does not get it!!
[
link to www.businessweek.com
]
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