The biggest "trust" of all is the government. It serves itself while pretending to serve the people. It's the new ruling class, more powerful and more dangerous than the old top-hatted tycoons. Who will bust this trust?
Quite right. The government loves itself and wants to grow bigger - because it does so much good, not because it serves those associated with it, of course.
well hey identified your problem your business acumen is non existent...my example is based on myself and mrs wyly being the only couple in the restaurant which is extreme a restaurant like that wouldn't be in business for more than a week...we would be joined by many diners and all would share in that minimum wage increase and addition to our meal would be negligible...you're being ridiculous to claim a $3.50 increase will prevent anyone from having a meal... and no meal is going to double in price, MacDonalds works on volume, the shear number of customers keeps prices low and profits extremely high...MacDonald franchises are extremely lucrative paying employees a liveable wage will not prevent the owners from becoming millionaires, in fact they are millionaires before they own one as each franchise cost between $1-$ 2.2 million dollars and once up and running average sales of $2.4million per franchise...ya their really hard done by those unfortunate millionaires it's a good thing they have the poor to subsidize their ambition for ever more wealth...
you said: no they are not naturally occurring they are more like a controlled burn… government regulations allowed for greed, it was implemented this way to allow for crack like growth. at the top of the food chain they knew exactly what was going to happen. you want to paint it differently, thats your prerogative ..it wash;t some natural occurrence…it was implemented and laws allowed for it to happen. a small group of millionaires sold everything they owned , it caused a run on the banks and fear…then when the market crashed that group of american millionaires bought back the stock at an all time low... you are saying i am right in order to make a point of your i do not agree with… forum fun... you just did it again…it is now like you are talking to yourself and ignoring my understanding of the history of the depression and the various recessions ... ok we are on the same page now it was Reagonomics that led to the mortgage bubble in exactly the way it destroyed the world economy…which as you know is still not fixed this system of printing trillions is only really benefitting the market manipulators…they use the trillions to keep the corporations surviving and reap billions in gold market shares. , money is being put into gold, ahh so you are a republican …it was reagan's doing ,end of…not going to cut hairs what ever flavour of the day is in power ...it's the central banks and their Quantum easing Alchemy flavour of the day... muslims do not believe in interest , it;s against the Koran or something…so lets not go there and keep it civil… canada has the soundest banks on the planet right now. and thats not some patriotic crappolla from me. your definitions are americanised…a liberal in /canada is not the same thing and i think socialists and commies have a total different meaning in the reality of Canadian living comedic relief….i was a kid when that movie came out… we spent the day in Platsburg NY, from Montreal…we saw the SAC airforce bace and then watched that at the drive in…never forget the day i drink spring water and the whole fluoride thing always bugged me anyway 1. Fluoride - read up... there's a reason more countries are disbanding from the practice of fluoridation. 2. Ice Caps Expanding 3. Polar Bears flourishing, says Canadian journal (among others, but felt this would be good for you). 4. Coldest temp ever recorded in Antarctic 5. Bald Eagle Massacare via wind farms, and hundreds of thousands of other deaths. they might go up…actually everything goes up , but the price of the little business man and the not so painful price of the larger corporations if it went to 10 bucks …would be worth the billions of dollars a day poured into the economy… 100 million people with 24 bucks more in their pocket daily….great boost for an economy that is being fed trillions at the other end and it would be taxed all the way down the line too…the initial wage tax…the tax a the cashier….erm do you people have a sales tax? like Canada…the tax on the profit of where the money was spent…and on and on… i do look a lil ahead eh…lol the inflation at the retail level can only be slow .. chicken little concept fear tactic i stopped at costs going up at an extraordinary rate…i doubt it. they already do ..and they can only go up at a right the market can afford them to go up…slight dip in profit for a higher growth in over all spending which leads to healthier economy due to amount of goods traded..more goods traded ..healthier economy… good talking to you...
You insist there's no difference between a low volume high price business and a high volume low price business. In the former, if it's a restaurant, each staff person serves only a few customers who are willing to pay for the privilege. They expect to spend a lot, and they tip, which no one does in a fast food place. You may be unaware that the minimum wage laws have always excluded waiters, who are expected to make most of their income through tips. In your $60 restaurant, the waiters are paid less than the normal minimum wage, but may do well on tips. That insulates the business from the effects of the minimum wage because they don't pay it. In fast food places there are no tips and the minimum wage applies, so these businesses are highly vulnerable to their labor cost. This is especially true because their margin per meal is low, so they depend on volume. A large staff is needed to turn out the high volume of food, and prices must stay low because people don't go to McDonald's for the fine cuisine or the refined atmosphere - they go for acceptable eats at cheap prices. Raise the prices even by what you would consider a little and volume would fall dramatically because low prices are so much a part of what brings in customers. As to the price of franchises, most owners take out loans to buy them. This is like the mortgage on a house. Far from being millionaires, most franchise buyers start out deep in debt and give much of their gross revenues toward loan payments. Add to that the cost of food, equipment, insurance, utilities, rent, taxes, fees to the franchiser for use of the brand (it's not just a one-time fee), and then labor, and most franchise owners make no more than a decent living. The most successful do better, but that takes more skill and hard work than you seem to know. Doubling the labor cost would close the weaker franchises and force steep price increases on the others. To repeat, low prices are a big part of what they sell, so those increases would cost many of their customers. And what about those customers? I suppose you think working people should never eat out at all. What a big heart you have. You're ignorant about business, and ludicrously off-center in your beliefs about franchise owners and what you suppose to be their evil greed, and even more off-center in your implied belief in your own moral superiority.
If only you understood even just a little bit about the US Constitution you might not sound so confused.
This is due to inflation and the back end cost of business going up. Prices have been going up for years... An across the board wage increase will prompt an even greater increase in prices. Hell, the new normal for gas prices is $3.20+ for regular. That, alone, will account for inflated prices for products, since the cost of shipping goes up across the board.
it should be raised and then all future increase tied to the cost of living raises congress gives itself
Why don't you spell it out, slowly because I am dyslexic. I say while only "career Federals" are promoted to the Supreme court the Supreme Court consistently erodes our rights and the rights of our States. What do you say? I say it is YOU who do Not Get It. So you post curtly with no substance. I look forward to your demonstration of Constitution lessons you say I need. Moi I suspect you are really
He said that the people determined to destroy the Constitution, and hence the United States, appoint, to permanent lifetime positions, career federal employees similar determined to slaughter the golden goose of freedom, because they're parasites, too.
More to the point, not only is there NOTHING in the Constitution granting the Congress the power to regulate wages, there's the (*)(*)(*)(*)ing Tenth Amendment. Run along little boy, read that, then get back to us. The grown-ups are busy and don't feel like telling you the Tenth Amendment is found in the Constitution.
Really? When did Supreme Court rulings supersede the Constitution? Only when the Court is wrong, off course. Sheesh, the friggin' courts have ruled that black people don't have standing to sue in federal court, that separate-but-equal is valid constitutional law, that woman can murder babies, that governments can steal private property to give to other private parties, and that O-BAAA-MACare is constitutional, even though that ruling places O-BAAA-MACare in direct violation of the Originations Clause... ...and YOU PEOPLE still insist on committing the logical flaw of Argument From Authority, as if that court was some infallible oracle.
Inflation goes for everyone. It cost to eat drive have a home. Wages should rise with inflation. You said it gas is 3.20 a gallon minimum wage is 7.25 that is just crap.
Not sure who "you people" applies to, but I didn't say or imply they were infallible. But their decision has stood for how long now? Whether we agree or not, unless legislation changes things, we have what we have based on SCOTUS decision. Should you disagree with their ruling, perhaps pressuring the system for new legislation is your next step?
I don't think you quite understand; we have a Supreme Court to interpret the US Constitution....so it really doesn't matter what you and the other amateur constitutional scholars think about it. That's the point.
I'd just stop eating there (it's crappy, overpriced food anyway). I have no problem with a reasonable minimum wage As it stands the min wage is enough for people to sustain themselves if they budget responsibly - if hypothetically it dropped too low - to say $2 an hour, then that would not be realistically possible to survive on - even for a single person with no children living on bare bones expenses (ex. at $2 an hour, you might literally not be able to afford the gas it takes to get to work) And the argument that the only people working at min wage jobs isn't applicable, since people with solid work history or education do end up out of work, and might have to settle for an entry level job to get by until something better opens up - expecting them to work for slave wages is a fantasy and would never work in the real world.
Raising The Minimum Wage: Australia Proves Your Burger Won’t Cost $20 http://www.addictinginfo.org/2013/10/02/australias-minimum-wage/
True, but I doubt you'd just be saying, "well, they're SCOTUS" when they hand down a landmark ruling you find to be inaccurate.
Anyone who thinks minimum wage shouldn't be lowered to 3 cents an hour must not be too bright either, cause lower is better for the employer. Simple matter of economics.
You have people wanting 15 bucks an hour to do entry level work, demanding 100+ percent raise is quite frankly not feasible, and if this goes through then the cost will be shifted to the consumer the consumers living cost will go up, consumers with skilled jobs will get more money and everything will become more expensive that raise will cost min wage workers more in the long run. If someone doesn't want to make min wage then it is quite simple they need to get educated by learning a trade of some kind. People need to stop making excuses for why they are in the position they are in and if they want to get out and succeed then they need do something about it.
Looks good on paper and sounds wonderfully simplistic. Just get educated, and go do it. Geez, why didn't I think of that? Thanks, man! I don't know what everybody's beetchin' about, if that's all they have to do. You sure this works often?
Gas could be cheaper and minimum wage shouldn't exist. A person's pay should be based on current competitive wages for unskilled workers. Competitive wages will account for inflation, naturally, because people will always look for the highest paid job for their skill set, accounting for current costs. People aren't meant to live off minimum wage - they're meant to get a start in life to build up a skill set. Skills come in different varieties - but these entry-level positions build professional business skills (ie - showing up to work on time, working hard at your daily duties for a specific amount of time, learning to do as you're asked, learning how to deal with customers/customer relations, and generally being responsible). They are literally reserved for people who haven't any experience in the business world. That is why they're low-wage. Even still, they present opportunities - if you work hard, you get raises, if you stick with it, you can get promoted... and some people become managers and eventually run their own stores.
