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Minimum Wage Raise
2691 cr points
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28 / M / "Podunk USA" Brun...
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Posted 1/9/07
They are on the news saying raising the minimum wage will ruin the economy.
Congress raises their wage everytime they meet(for the last 12 years for inflation ), hundreds of thousands of dollars aren't enough for them to sit there and vote, then go back to their successful businesses, and screw their wives and mistresses!?!?!:angry:

While we bust our asses at thankless jobs, and pay higher insurance premiums, pay for higher utilities(every year our phone and electric bill goes up as they adjust to inflation) including fluctuating gas prices, and ride out a recession(during a war, which f***ing unheard off!! )

Who do these corrupt businessmen think they are kidding. If they raise minimum wage, they will fire workers and maintain profits, then every greedy business will raise prices on everything to adjust for the new higher minimum(just like gasoline).

If they don't raise minimum wage, the utilities raise the prices yearly and everyone else adjusts and calls it inflation. Except now, the workers are below the salary needed to maintain quality of living. They end up on welfare or competing for new more advanced jobs, that are outsourced to foreign nations with slave wages. Capitalism at it's finest.

The solution to this problem is to actually collect taxes on those companies that have 200% yearly that range into the billions, and use that money to take care of anyone they have forced onto welfare.
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28 / M / Montréal, Canada
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Posted 1/9/07
I agree totaly with what you say. It is true that the wages are not that high. ex:look at the Euro. Its insane, europeans rake in the cash, while we ponder.
7147 cr points
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34 / M / 中国
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Posted 1/9/07
Actually, all raising minimum wage does is make it more expensive to hire american workers. It's not like its guranteed that one has to hire americans anymore. Why pay an american alot of money for 8 hours of work, when you can pay a indian or chinese individual a fraction of that amount for 12 hours of work?

I agree that big business has pretty much run amok, but they're pulling all the strings right now (regardless of party affiliation) so nothing will be done about it.

Nobody actually cares about fixing problems right now - all anyone cares about it is making as much as they can while they can. This "war" has been nothing more than an excuse for over inflated defense contract spending and oil price fixing.

Myself, I've read the writing on the wall and am about to start learning chinese in school so I'll be valuable in the new global economy. I've already got an internship setup in China, barring disaster.
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26 / M / New Zealand
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Posted 1/9/07
The solution is communism that works. Which is impossible and human nature will always create people who get richer and more powerful by exploiting others. So I guess the true solution is a reset switch to human civilization, activated every millenium or so.
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28 / M / "Podunk USA" Brun...
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Posted 1/9/07

azrael910 wrote:

Myself, I've read the writing on the wall and am about to start learning chinese in school so I'll be valuable in the new global economy. I've already got an internship setup in China, barring disaster.


Damn, that is smart.

But I hated learning Spanish, I'll never freakin' learn Chinese, willingly or not.
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Posted 1/9/07

lusulpher wrote:


azrael910 wrote:

Myself, I've read the writing on the wall and am about to start learning chinese in school so I'll be valuable in the new global economy. I've already got an internship setup in China, barring disaster.


Damn, that is smart.

But I hated learning Spanish, I'll never freakin' learn Chinese, willingly or not.


El Español es demasiado bello para que tu lo aprendas
And you pretty much said everything I think in the first post.
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77 / F / in the club
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Posted 1/9/07
The solution to this problem is to actually collect taxes on those companies that have 200% yearly that range into the billions, and use that money to take care of anyone they have forced onto welfare.

This is insane. Business sector won't even agree a bit on that. It's unrealistic cos if the government tries to hold the throat of 'these' big companies, investors might pull their shares. And you know what will happen if that's the case.
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22 / M / the darkness
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Posted 1/9/07
of course the media(who are also rich) and the rich do not want to see an increase in the min wage because it affects profit. The sad thing is that these companies that talk about having to send work to other countries already are doing that. Companies lay people off by the thousands so they can do that, to keep production costs down and their profit goes up, and the money stays in their pocket. Then they point the blame at rising costs and taxes, which many do not pay.
The fact is if people make more money they spend more money,because they can now get those little extras in life. Seems to me a way of making sure the rich stay rich and the poor stay poor.
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29 / M / US
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Posted 1/9/07
Hell, I'm no economist so I won't write much. Note that in SanFran its over $9 (but a high cost to live area). I'm for raising it to at least account for inflation, so around 7.50. Well, in more areas at least, it may hurt some. Your solution is does seem pretty crazy though.

Oh one point of fact on the first post. Some business surely will fire workers and try to make due or get cheaper ones, but I find it more likely that mainly product/service prices will increase. ref=
http://www.forbes.com/businessinthebeltway/2006/11/01/minimum-wage-debate-biz-wash-cz_jn_1101beltway.html

Just about everywhere I turn I see people professing to get ready to work with the Chinese. I'm interested in the reasoning behind this, anything other then the likelihood of China's economy surpassing the US within 10y? I suppose it seems like a good path to make as much as you can while you can.
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22 / M / the darkness
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Posted 1/9/07
OH and isn't interesting how they all get their raises
17206 cr points
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Posted 1/9/07
http://en.wikipedia.org/wiki/List_of_U.S._state_minimum_wages

I live in L.A so the minimum wage is around nine dollars.... I dont know much but its a interesting subject.
Posted 1/9/07
bottomline...

minimum wage goes up... so does cost of living.
7147 cr points
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34 / M / 中国
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Posted 1/9/07

Eros wrote:

Just about everywhere I turn I see people professing to get ready to work with the Chinese. I'm interested in the reasoning behind this, anything other then the likelihood of China's economy surpassing the US within 10y? I suppose it seems like a good path to make as much as you can while you can.


China has alot of things going for it. Abundant cheap labor, quality workmanship (they're quality is more often better than americ's), and very little of the red tape you have to deal with. For example, environmental standards - not a problem in china, where as a very significant cost here. Let alone worker benefits or anything like that.

Their resources are extradorinary too, and by that I mean human resources. Millions upon millions people lining up to work, no questions asked, quality workmaship, long hours - for next to nothing.

Another thing is the motivation of the people. China is motivated to succeed. Right now, the US is not. The chinese government is also building up China to be an economic juggernaut. They are putting an incredible infrastructure in place - this is basically their industrial revolution.

If things keep going the way they're going (and they don't show any signs of stopping) China will be the new premier world super power, though that is ways off. Even if China does plateau (which would be many years down the road), there is still far more than enough foreign investment over there to rationalize getting involved with them now.

It's all about the bottom line and american companies don't see any reason to put up with the nonesense here when it can all be done much cheaper overseas. This is a global economy now, and workers need to realize exactly what the competition is like, and to lower their standards if they want to keep a job. The world - including the US - is becoming a two class system again, and the seperation has already started. It's certainly an unpleasant thought, but it is reality and one needs to prepare for it.

Basically, ask yourself, what can you do that someone else can't do cheaper? Because that is exactly what you're employers will be asking.
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25 / M / U.S. Canada U.K....
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Posted 1/9/07
the real answer is to DESTROY THE WORLD!!! MWHAHAHAHAHAHA!!!! j/k
but really there really is a problem with the population here and sooo many people just need more money to live
Posted 1/9/07
the thing that scares me about china is... US used to be the most gas guzzling country in the world, since China broke free from britain it has now become China..... what does that mean in a nutshell? mind splitting progress....

we were known as the sleeping giant in the 40's, now I see that title being
transferred over to china.
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