SI
SI
discoversearch

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 : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: J_F_Shepard who wrote (704144)3/13/2013 6:42:17 PM
From: i-node  Read Replies (1) | Respond to of 1577814
 
>> You don't share the republics views about minimum wage and contend that even 50 cents an hour is too much and will put many businesses out of the market???

The real concern, IMO, is it puts more people on foodstamps as jobs are lost to it.

As Ten said, Costco can do whatever the hell it wants.



To: J_F_Shepard who wrote (704144)3/13/2013 10:05:21 PM
From: Tenchusatsu1 Recommendation  Read Replies (3) | Respond to of 1577814
 
Shep, in my opinion, the minimum wage is only meant to provide a floor for wages so that:

a) There aren't any obvious cases where businesses get ahead by severely underpaying workers, and
b) All other wages above minimum wage have some support.

Minimum wage was never meant to provide a "living wage." If you need a "living wage," you have to work your way up. If you can't, you'll have to rely upon support from family, friends, or even the state. Or you'll just have to live very cheaply, e.g. in public housing, on Medicaid/ObamaCare, etc.

To force employers to pay "living wages" would cause many employers to go out of business and unemployment to go up.

Tenchusatsu