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

To: Road Walker who wrote (739461)	9/14/2013 5:31:26 PM
From: i-node	Read Replies (2) \| Respond to of 1576180

>> Everybody that works 40 hours a week in worth $40k a year. RW, that is nonsense. There are many, many 40-hour/wk jobs who cannot conceivably contribute a multiple of $40k/y to a business' profitability. As you know, a 40K/y job requires a significant multiple of that amount in incremental revenue to cover that cost, let alone for it to be profitable. There are TONS of jobs out there that simply cannot do that, under the best of circumstances. Walmart store "associates", McDonalds order-takers are examples. But there are many, many workers in this category. Daycare workers, for example. An important job that simply CANNOT pay much money because the margins are far too thin to permit it. And the cost of daycare cannot rise beyond where it is without the customer base getting creamed. Hotels cannot pay housekeeping people $40K. It just isn't remotely feasible to pay that kind of money for housekeepers. Now, your argument is, "Oh, well you can pay a few dollars more for a hotel room." But you can't; because if a hotel raises its price, people will travel less, which of course, is bad for the entire economy. You seem to be under the impression that there is some kind of free ride that can be obtained; that you can just require employers to pay more with no downside. We know, historically, that increasing the minimum wage increases unemployment (a couple weeks ago CJ tried to make the opposite argument, and was proved wrong on this very thread). The only way for these people to be better off is to make themselves more valuable to businesses by working harder. If a housekeeping employee can clean twice the number of rooms and do a better job than the next person, then he/she will ultimately get better pay. That's how it works.

To: Road Walker who wrote (739461)	9/14/2013 6:00:52 PM
From: Brumar89	Respond to of 1576180

If you believe that, you should make it up to all the low wage workers in businesses you patronize. When you go out to eat or shop, pull out your wallet and hand out five or ten dollar bills to every checker, stocker, waitperson you see.

To: Road Walker who wrote (739461)

9/15/2013 10:16:51 AM

From: Brumar89

Read Replies (1) | Respond to of 1576180

Why are you against the New Deal, plutocrat? FDR put a $25K limit on salaries. That's all you should be allowed to make.


Letter to the House Ways and Means Committee on Salary Limitation. February 15, 1943

presidency.ucsb.edu

Some days ago you wrote me that there was a proposal before your committee to amend the Public Debt Bill by adding a provision nullifying the Executive Order issued by me under the Act of October 2, 1942, limiting salaries to $25,000 after taxes, .....