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LobowolfXXX Inner circle La Famiglia 1196 Posts |
You guys know they're not actually DOING it, right?
"Torture doesn't work" lol
Guess they forgot to tell Bill Buckley. "...as we reason and love, we are able to hope. And hope enables us to resist those things that would enslave us." |
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tommy Eternal Order Devil's Island 16544 Posts |
In the 1950s USA the minimum wage was 40 cents and was raise to 60 cents as I recall.
If there is a single truth about Magic, it is that nothing on earth so efficiently evades it.
Tommy |
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RNK Inner circle 7493 Posts |
Quote: [/quote]
On Jun 11, 2015, The Hermit wrote: Scratching my head for years on why Liberals think that........ It seems its all about equality. They don't understand some jobs are meant for students and people to work temporarily in hindsight to BETTER themselves and get training for a job that you will get paid based on your knowlede and skills. Now be careful Hermit- you may offend some here with your choice of words, "They're not worth it". To the left, those are such harmful words to stomach. In their eyes everybody is worth it and should be given the opportunity to make a living off of flipping burgers so you and I and others who better ourselves and struggle through school with loans and hard work accommodate by paying more. Take from the wealthy and give to the less fortunate who have no work ethic and chooses not to better themselves.
Check out Bafflingbob.com
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rockwall Special user 762 Posts |
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On Jun 12, 2015, LobowolfXXX wrote: |
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mastermindreader 1949 - 2017 Seattle, WA 12586 Posts |
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On Jun 12, 2015, rockwall wrote: Well, if I made the mistake of assuming that rockwall's OP was truthful, I apologize. I certainly won't make that obvious mistake again. But I'm still amazed that there are those here who seem to believe that businesses SHOULD NOT have the right to pay their employees a higher-than-minimum wage if they so choose. |
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Intrepid Inner circle Silver Spring, MD 1179 Posts |
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On Jun 12, 2015, mastermindreader wrote: Who made that claim? Business have to compete with each other for talent.
Bob
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rockwall Special user 762 Posts |
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On Jun 12, 2015, mastermindreader wrote: if anyone here thought that Bob's claim that anyone here suggested that businesses should NOT have the right to pay their employees whatever they wanted was truthful, I hope they are smart enough not to make that mistake again. |
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acesover Special user I believe I have 821 Posts |
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On Jun 11, 2015, mastermindreader wrote: No where did I say what McDonald's should or should not pay their employees. So seriously...you don't know what you are talking about. If you are naïve enough to believe that a company such as McDonald's is able to pay $15 min wage at tis time to their workers you are beyond all hope and live in a fantasy, and have no grasp of how to run and maintain a profitable business. Definitely stick to reading minds as it is all fantasy.
If I were to agree with you. Then we would both be wrong. As of Apr 5, 2015 10:26 pm I have 880 posts. Used to have over 1,000
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landmark Inner circle within a triangle 5194 Posts |
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If you are naïve enough to believe that a company such as McDonald's is able to pay $15 min wage at this time to their workers you are beyond all hope Yes, how could anyone think that a company that clears 2.2 billion in profit a year would be able to pay $15 an hour? It is a real head-scratcher. Anyone got any ideas on this stumper? Where could that money possibly come from, I wonder?
Click here to get Gerald Deutsch's Perverse Magic: The First Sixteen Years
All proceeds to Open Heart Magic charity. |
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Kabbalah Inner circle 1621 Posts |
Quote:
On Jun 13, 2015, landmark wrote: I have an idea, start scratching your head: McDonald's Corp. > Number of employees: 859,978 > Total wage expense at current pay level: $12.27 billion > Total wage expense at $15 an hour: $20.59 billion > Annual wage cost increase: $8.13 billion These are just USA numbers. Source
"Long may magicians fascinate and continue to be fascinated by the mystery potential in a pack of cards."
~Cliff Green "The greatest tricks ever performed are not done at all. The audience simply think they see them." ~ John Northern Hilliard |
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R.S. Regular user CT one day I'll have 184 Posts |
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On Jun 12, 2015, RNK wrote: Loans?? Why did you have to take from the wealthy banks/lending institutions in order to better yourself? Were you less fortunate? If you had a better work ethic you probably could have pulled yourself up by your bootstraps, worked more, and managed on your own without needing any loans. Ron
"It is error only, and not truth, that shrinks from inquiry." Thomas Paine
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tommy Eternal Order Devil's Island 16544 Posts |
Bank loans are we the peoples loans, as we the people have to bail them out. The government actually guarantee the banks house loans. So you don’t have a government, what you have is a banker. You are the collateral damage.
If there is a single truth about Magic, it is that nothing on earth so efficiently evades it.
Tommy |
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acesover Special user I believe I have 821 Posts |
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On Jun 13, 2015, landmark wrote: You are a smart guy. Do the math. they have 335,000 outlets. they employ somewhere around 2 million people. employees salaries are the most controllable expense a company has. You want to raise the starting min wage of these employees to ($15-$20) remember that is the min we are talking about here. We still must have managers and co managers. We are also talking 35,000 outlets with as I mentioned close to 2 million employees. Wake up and smell the roses. One does not make $15/hr for flipping burgers and saying "do you want fries with that". Not much skill involved and the only individuals that raise a family on these jobs are managers and maybe co managers. They are part time jobs for kids and in many cases the elderly to supplement their income and in the case of teen agers use for disposable income. just curious. What should one start a phlebotomist at? While not the most trained person in medicine they must have training. Should th4eystart at $50 an hour because of their skill. I mean it is a lot more than flipping burgers and saying, "do you want fries with that?" Not demeaning anyone's position but one must be realistic here and pay people for what they contribute. This contribution usually comes from skil and knowledge.
If I were to agree with you. Then we would both be wrong. As of Apr 5, 2015 10:26 pm I have 880 posts. Used to have over 1,000
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tommy Eternal Order Devil's Island 16544 Posts |
Labor costs are normally reduced by reducing the number of workers and so if wages went up to $15 it is more than likely that the number of workers would be cut. They employ somewhere around 2 million people now but that number can change.
If there is a single truth about Magic, it is that nothing on earth so efficiently evades it.
Tommy |
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LobowolfXXX Inner circle La Famiglia 1196 Posts |
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On Jun 13, 2015, landmark wrote: A comment from the public sector! Some of these numbers are a few years old, but all fairly recent and probably fine for the sake of discussion. Let's say that McDonalds (the huge corporation) owned and operated every one of its restaurants (it doesn't, but we'll get back to that). As of a few years ago, there were about 14,000 locations in the USA. Let's say that on average, each one was staffed with 6 people at any given time. I made that up, but hopefully it sounds at least reasonable. You've got counter people, cooks, drive thru...I think that's low, but close enough. And let's say that they're open 80 hours a week. 11-12 hours a day. I think that's conservative. Most recently, I saw that they pay $9/hour. So, we have 480 person-hours per week at each location. That's 24,000 hours per year. We're going to pay an extra $6 for each of those person-hours, so $144,000 per location times 14,000 locations equals just over 2 billion, so I guess they could do it if they turned into a non-profit. Pretty ugly for investors, though, by which I mean not just corporate billionaires, but pretty much anyone who has a retirement account that invests in mutual,funds. As it turns out, though, more than 80% of those franchises are owned my independent franchisees. Small business owners who aren't making billions; they're making far less on thin margins often in very economically depressed areas. And no, you can't just increase their labor costs by 67% and assume they'll be fine. If the margins were that tasty, we'd all own McDonalds franchises.
"Torture doesn't work" lol
Guess they forgot to tell Bill Buckley. "...as we reason and love, we are able to hope. And hope enables us to resist those things that would enslave us." |
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landmark Inner circle within a triangle 5194 Posts |
Profit means after the (very handsome) salaries are paid out. No one's starving. Except the $7.25/hr guys.
Click here to get Gerald Deutsch's Perverse Magic: The First Sixteen Years
All proceeds to Open Heart Magic charity. |
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landmark Inner circle within a triangle 5194 Posts |
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On Jun 13, 2015, tommy wrote: Normally, eh? Yes, dumping on, and exploiting workers is normal these days. Why does a company making 2.2 billion in profits have to reduce labor costs? When will it become normal to think about normally reducing profits?
Click here to get Gerald Deutsch's Perverse Magic: The First Sixteen Years
All proceeds to Open Heart Magic charity. |
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LobowolfXXX Inner circle La Famiglia 1196 Posts |
Quote:
On Jun 13, 2015, landmark wrote: And if you raised the salaries to $15/hour, the profit would pretty much disappear entirely.
"Torture doesn't work" lol
Guess they forgot to tell Bill Buckley. "...as we reason and love, we are able to hope. And hope enables us to resist those things that would enslave us." |
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LobowolfXXX Inner circle La Famiglia 1196 Posts |
Quote:
On Jun 13, 2015, landmark wrote: There's a difference between reducing them and not jacking them up by 2/3. And mandating $15/hour salary would wipe out many small business owners - they're the ones who own 80% of McDonalds franchises in the USA.
"Torture doesn't work" lol
Guess they forgot to tell Bill Buckley. "...as we reason and love, we are able to hope. And hope enables us to resist those things that would enslave us." |
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Dannydoyle Eternal Order 21219 Posts |
Yea the problem with socialism as Margaret Thatcher pointed out is eventually you run out of other people's money.
So landmark why not tell me how much a company should be allowed to make, and how much a CEO should be able to make? Then tell me where the power to dictate such a thing comes from?
Danny Doyle
<BR>Semper Occultus <BR>In a time of universal deceit, telling the truth is a revolutionary act....George Orwell |
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