Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Nadine Carroll who wrote (232424)	12/23/2007 8:21:03 PM
From: skinowski	Read Replies (2) \| Respond to of 794207

Employers simply won't hire if it costs them more to do so than the return in profit. Exactly. If we do get a serious recession (as has been so extensively advertised), the minimum wage will slow down the recovery. The way things stand today, with the unemployment being low, the min. wage is little more than a legacy populist gimmick. The vast majority of people able and willing to work can do better than the min. wage. .................. OT - bought a few of those new "twisted" light bulbs. Walmart had only the less expensive, weaker selections. And still, they are quite impressive. They say that a 23 watt bulb gives as much light as a 100W regular bulb - and it does. And they remain cool. I think they are a must at least in enclosed light fixtures, where the heat burns out bulbs quickly. I also put some in fixtures where "normally" they do not recommend anything above 60W. Will buy some stronger ones on line. Thanks for bringing this up.

To: Nadine Carroll who wrote (232424)	12/24/2007 3:32:04 AM
From: John Carragher	Respond to of 794207

i doubt minimum wage has accomplished any economic impact in this area mid atlantic. most stores cannot hire help.. help wanted signs are out all the time at wages starting around $8. and they cannot hire people. I am talking about the wal marts, gas and go grocery stores, 711, etc etc... i go bye several service stations with posted signs all along the road in several years i have yet to drive bye and not see help wanted sign on its property. the turn over is high, of course shift work has something to do with it.. transportation perhaps from inner city to suburbs.? before a company hires , it usually will max out overtime vs paying more in benefits, like health care , insurance, 401k program, vacation.