The rich should fund all welfare. Most avoid paying a decent wage and then avoid paying the taxes that take care of them. That burden falls on the working class.
What objection can there be to only artificial persons of wealth being burdened wth funding unemployment compensation, with the public sector making up any shortfalls?
This. Obama sounds like one of those out of touch Spanish soap operas where the poor woman gets to marry a rich handsome man. Anybody who had a course in economics will tell you that if minimum wage is raised then prices will be raised as well. Not just only that, but how can you charge $15 to a job that requires no skill then expect people who get about this amount for entry level careers to not expect more? After a raise has been done for minimum wage then everyone would want a raise, then all products will cost more to compete with rising salary.
General forms of taxation are generally less taxatious than direct forms of taxation. What objection can there be to only artificial persons of wealth being burdened with funding unemployment compensation, with the public sector making up any shortfalls?
Not true. Workers wages are a small percent of the product cost usually. To that thinking then why should there be millionaires who made it with 99 cent cheeseburgers. Thats just propaganda that "makes sense" with no actual thought to the process. They was saying $1.60 to $2 would do the same thing and they are more millionaires now than then.
You can't beat the facts. Here is a graph which covers 35 years of income distribution in the US. It is easy to see that the bottom line (curve) stays even all across the board. The graph, from the census bureau, is adjusted for inflation so effectively the lines are approximately the same as buying power. View attachment 25193 Click on the link. The graph shows everything.
The statement that " when you raise employees pay the product cost more" is false... Thats saying there is no cost in advertising, marketing, or upper management, waste, or lost time accidents.Money can easily be diverted from those areas to fund it. Also the companies that pay the best around here by far have less employee theft, waste and are more productive. happy employee is a productive employee
Economic rubbish!!! this is the kool aid that is served up to defy a decent living in this economy so that the wealthy are even more wealthy An increase in minium wage increases money spent in the economy and directly comes out of the bank accounts of business and corporations and their Wall street assets No one is going to raise the price of goods and services that would harm the economy the masses that are working for peanuts have zero life Obama saying it would allow them to save is inane and cruel to for a president to say.giving false hope is not his job , but he seems to be really good at it. it's just less money in the hands of businessmen , who seriously if they cannot afford this minor bump, then their business sucks corporations would not see anything significant in their bottom line . The amount of propaganda being pushed down Americans throats is at a level of absurdity. the fact people buy into this degradation of the human spirit and fear any sort of decent living is tantamount to the pressure put on the middle classes.. America is living in fear .check out the gun ownership levels they buy into fear like kids buy candy...
If you are working minimum wage then there is high chance you are using government help. Minimum is not supposed to be living wage. I currently have a job that pays $17 an hour. Do you seriously think I will be fine thinking somebody who has not studied and has no skill be making $2 less than me? By the way you are thinking small numbers. A business like mcdonald's that raises the minimum wage to $15 would have to probably spend billions of dollars more per year. Do you really think they will do that? They will most probably lay off people.
I was thinking 10 for McDs and you will be fine at 17 a hr with your training and skill set. Also McD will be fine paying 10 a hour. They can divert some of there advertisment and marketing funds to ensure that. Speaking of layoffs is a scare tactic. The guys on top might not have huge profit margins is what would happen. If someone is working 60hrs a week anywhere they should be able to live on that wage!!! I make 20 a hr with a GED and 2 weeks training a year while my wife has a associates degree making 12 so that's irrevlavent
If you earn $20 an hour then you most probably have some skill,education and experience. So living wage was never meant to be minimum wage. It is an entry for teenagers to earn some money. As you grow older you should know some skill that require to use your brain more. Why do you think businesses are employing Asians to do the job in the U.S? Because our culture has made our people lazy, obese and unintelligent. An associates degree will only get you so far. Actually any degree will that is less than four years won't get you far in this day and age. A person who does a job that does not require a lot of thinking nor education shouldn't expect to earn the same as someone who bust their behinds at school, doing accounting and legal work. You would be fine that someone who has no skill nor education make $2 less than your wife?! I am assuming your wife had to take out loans to get that education. I doubt anyone would want to take out loans nor go to school knowing it won't make much difference in their bank accounts. It is just not going to happen.
I haven't completely made up my mind on this issue yet, but wouldn't it make sense to raise the minimum wage and lower corporate income tax (while closing loopholes in the corporate income tax).The US does have the highest corporate income tax out of all the worlds developed nations. This would raise the minimum wage while allowing the consumers and businesses to not take a hit as well as increase the ability of companies in the US to compete globally, wouldn't it? Note: I wouldn't necessarily support raising the minimum wage to $15 or even $10 but I do think the minimum wage should be raised. I also understand that many small business owners file as individuals, but wouldn't this encourage them to file as businesses? I don't necessarily support this as I haven't completely made up my mind on the issue yet, just throwing around some ideas.
The important thing to consider about raising the minimum wage is, all other wage groups above that bottom group with get a raise, and it will be progressively higher the higher the group in which the individual is located. That is not an opinion, neither is it support for it happening. It is simply historical fact.
What's the issue? I'm in that top 50% and I have no problem with that. What I do have a problem with is companies not paying their employees a decent standard of living, leaving society to foot the bill.
How about guaranteeing minimum competency? And if the citizen employee or his governmental sponsor fail expectation, will they be fined and/or imprisoned like the grossly unfair, thievous and greedy monsters they are?
It does nothing for the least wealthy not counted as civil persons for purposes of "official" unemployment numbers.
Society foots a bigger bill when folks who cannot or will not produce enough to earn a minimum wage aren't allowed to work at all. Charity has limits. Private companies shouldn't have to, and will not, continue to make up the increasing difference between what some folks contribute and what some folks arbitrarily describe as a decent standard of living. They will get the job done without those employees. (reference)
Any certification GED, associates, masters, Ph.D., post-doc, Bar exam, etc is simply something saying someone tested you for certain skills or knowledge and that someone claims you have some level of mastery of them. That certification can be helpful in negotiating a job or wage but tt doesn't consider what other skills you might have, it doesn't guarantee any income level, and it doesn't establish the current value what they certified.
The thing about the employees enjoying the profit of a business or even a Corp. at some point the business owner or Corp. founders had to work hard to get it up and running and take all the risk. Just like an investment you can go low risk with low returns or high risk with the possibility of high gain with much higher chance of lossing your shirt. Being an employee is low risk and of course the business being a high risk, so who do you think should reep the harvest! At the end of the day the employee goes home and forgets the job and enjoys life , the business owner takes the job home daily with worry that if business fails they lose their car, house, and their life savings and the employees go to another job without thought about the business owner and his family! So if I had a business and had an employee that showed the same comittment I had for my business I would let them earn a bonus, the way some businesses and Corps. do now!!
Well of course most people here are going to say NO. This questions relates to America, and guess who in America follows politics? Those with higher incomes. Not a surprise. Oh in case my opinion is not clear, of course the minimum wage should go up to $15/hour. Millions of dollars wasted on the military, corporate tax credits, tax loopholes, space missions, and businesses can cover that cost. So there's no real debate here. If I had no skills, I'd rather not work than slave away for $8 an hour. There's no real argument as to why not every working person should deserve a living wage.
What have they done to EARN their wage. "Deserve" has nothing to do with the matter, except in that people "deserve" ONLY what they "earn". State where it's written that people have a right to a job. Then define the word "job". Have fun. People can't have a right to a task that someone else decides they're willing to pay to have performed.
So what you're saying is that people don't have a right to a job. That would be fine if we were living in the jungle. Since there's no other legal way to live by the standards of civilized society, what you're suggesting is that people just live on the streets or die away, because according to you "deserve has nothing to do with the matter." Sure they do; they're getting paid for that task the employer wants done, if it's important enough to hire someone, then pay them a living wage for stealing 40+ hours out of their week, or else do it yourself. What exactly is the reason not to pay them more? Is it to avoid cutting profits? How's that a reason anyone else besides the employer should care about? When they don't pay, we all pay in the form of food stamps, medicaid etc. Since this is a supposed democracy, the people should decide; and corporations aren't people. Neither of us can "state where it's written." Because I could ask you the same thing about your statement. It comes down to morality; some people believe that everyone should be able to live decently (according to a society's standards), and even exceed those standards if he chooses to but within limits. Not for one family to own more of the pie, than a few million people do; that's just preposterous. Others, like yourself (judging by your post), think that only a select few should enjoy the nation's resources and wealth, but simply don't care about the rest of the population. Those people seem to think we're still in the jungle, and whoever is more adapted/stronger/has more connections/is born in a privileged family etc. should survive and essentially steal from others. To me there's a clear-cut issue of morality. Just to let you know, I won't be debating this with you any further, because it's meaningless, we're not even in the same wavelength, and it's not really a reasonable argument, because a reasonable person in my mind is a compassionate/nice person.