famicommander

Saturday Oct 18 2008, 10:04 PM

If they didn't pay a livable wage, then no one would work there. The minimum wage gives them an excuse to pay their workers as little as they do, and that small amount seems even smaller because it causes inflation and price increases. With the minimum wage, uneducated workers are typecast into terrible-paying jobs.

If there were no minimum wage, Walmart would have to pay their workers enough to satisfy them or no one would work there. They'd lose money because there'd be no one to sell their products. Logically, they're going to find the middle ground between paying them so little that no one would work their and so much that it would hurt their profit margins. That's how the free market works.

famicommander

Sunday Oct 19 2008, 02:04 PM

You don't understand economics then. You're getting paid a higher dollar amount with a minimum wage, but because of the extra strain that puts on business owners that dollar is worth less money.

famicommander

Thursday Oct 16 2008, 05:06 PM

Solution:
1. Legalize drugs. That will severely decrease the financial incentive for a lot of them to come here.

2. Make it easier for people with legitimately good intentions to come into this country legally.

3. Make it harder for illegal immigrants to get in.

4. Grant full citizenship to any immigrant who serves a full term in the United States military.

5. Cut taxes on business owners. That way, they'll be less likely to take the risk of hiring illegal immigrants in the first place. They'll be able to afford legal citizens, and the demand for illegal laborers will decrease.

6. Eliminate the minimum wage. The minimum wage is an illusion. By forcing business owners to have a minimum wage, you're removing some of their legal options. This encourages them to seek labor from illegals and people in foreign countries (outsourcing). When they're actually forced to pay a minimum wage which is 1) more than they can afford or 2) more than the worker is actually earning, they're going to raise the prices of their products in order to make the same profits. This ulimately results in people working minimum wage being forced to pay more for the same products. Working wages should be negociated on a case-by-case basis. If a business doesn't pay enough, no one will want to work there. If a worker wants too much money, they won't get a job. By removing the minimum wage and taxes, business owners will be able to offer their goods at lower prices and the requirements for living will also be lower. They'll be able to pay legal citizens a decent wage, and other citizens will be able to afford their products.

That solves the illegal immigration problem, increases the power of our military, eliminates intrusive prohibition laws, cuts back on crime, and patches a huge hole in our economy. But it makes sense, so no politicians will care.

LoOpY

Sunday Oct 19 2008, 03:08 PM

Why would it cause strain though? I know it would mean a little extra organisation and checking is necessary but that will surely mean little as far as costs and profits are concerned.

This is the only kind of strain I'm seeing from the minimum wage - and guess what? It is the rate increasing like I said earlier.

http://www.newschat.co.uk/2008/10/08/national-minimum-wage-hikes-cause-strain-on-convenience-stores/

famicommander

Sunday Oct 19 2008, 06:12 PM

LoOpY

Sunday Oct 19 2008, 03:08 PM

Why would it cause strain though? I know it would mean a little extra organisation and checking is necessary but that will surely mean little as far as costs and profits are concerned.

This is the only kind of strain I'm seeing from the minimum wage - and guess what? It is the rate increasing like I said earlier.

http://www.newschat.co.uk/2008/10/08/national-minimum-wage-hikes-cause-strain-on-convenience-stores/

*facepalm*

If employers are forced to pay a minimum wage, then people who aren't working as hard as others at the same position will get paid the same. That's a decrease in productivity.

If a business owner can't afford to higher someone at minimum wage but needs more help, they'll raise the prices of whatever goods or services they're offering. That makes it harder for other people who are working minimum wage to afford said goods and services.

Uneducated workers are typecast into minimum wage positions regardless of their capabilities, and there is not a lot they can do about it because the minimum wage sets a precedent.

Setting a minimum wage increases prices, decreases productivity and sets a low precendent, thereby decreasing the value of the dollar.

famicommander

Sunday Oct 19 2008, 08:17 PM

I see what you're saying, but you're simply wrong. The minimum wage creates unemployment, and you still haven't grasped the concept of inflation. It doesn't matter how many pieces of paper with an amount printed on it you have if the real world value of that paper is instantly decreasing.

There is an economic consensus about minimum wage, and that consensus holds that it is bad for the poor and it is bad for the economy. The only reason it exists is because of moronic, self-termed humanitarians that don't realize they're doing more harm than good.

The Cato Institute is one of the most credible sources you'll ever, ever see. Take a read and educate yourself:
http://www.cato.org/pubs/pas/pa106.html
http://www.cato.org/pubs/regulation/reg18n1c.html

famicommander

Monday Oct 20 2008, 03:43 PM

Inflation, taxation, and supply side economics. Look them up. Learn what they mean.

famicommander

Tuesday Oct 21 2008, 03:39 PM

The minimum wage makes it so the money you're paid can purchase less. Understand?