Minimum Wage and jobs.

[garyt27]

On Weds. 13th the Cal. Recorder editorial said that minimum wage should not be raised. They said Md. jobs may be outsourced and that the cost of living could go up. Wow have they looked around? Do they shop at all? The same base model Chevy truck has gone up $5000. since '07.
Also, can anyone in the forums name an industry or business in the State Of Tax Me and Fee me Some More Md. That could outsource minimum wage jobs.
You can't outsource Wallyworld or WaWa Or MickyD's, or landscaping.
They said some small businesses would go down, if they made it through this last mess they are not going anywhere, the ones that would fail, have failed.
The state needs a wage increase just to keep up.

[Bean Machine]

Originally Posted by garyt27

On Weds. 13th the Cal. Recorder editorial said that minimum wage should not be raised. They said Md. jobs may be outsourced and that the cost of living could go up. Wow have they looked around? Do they shop at all? The same base model Chevy truck has gone up $5000. since '07.
Also, can anyone in the forums name an industry or business in the State Of Tax Me and Fee me Some More Md. That could outsource minimum wage jobs.
You can't outsource Wallyworld or WaWa Or MickyD's, or landscaping.
They said some small businesses would go down, if they made it through this last mess they are not going anywhere, the ones that would fail, have failed.
The state needs a wage increase just to keep up.

I agree with the editorial. Free markets should be just that. Let the markets set the prices and wages. Competition will drive engine of the economy. Raising the minimum wage NEVER results in what people think it will do. Most people think that by raising the minimum wage, you are raising the standard of living. NO! You are only setting a false floor from where all other costs and wages are derived from. As soon as wages are raised one of two thing happens: businesses cut employers to keep costs down (they still have to compete) OR they will raise their prices and now those minimum wage earners are right back where they started. The only way out of the minimum wage trap is to WORK your way up the chain! Better education, better understanding, and innovation.

I personally worked for a business as an employee...then I decided that instead of "working for the man", I would BECOME the man. I scrapped together all of my savings and bought the business!!! ...and have not had a vacation in over ten years...lol BUT I'm not at minimum wage either!

[Bird Dog (Premo)]

An increase in the minimum wage is just another "tax" on small business....JMHO.

[frequentflier (Premo)]

What many people fail to comprehend is that, in addition to the employee's "pay"- whether it be minimum wage or more- is the cost of unemployment insurance, workers comp, medical insurance (if you offer it- I do not), payroll taxes etc.
Employers don't just pay employees $7.25 an hour. An employee costs me a whole lot more than that!
As far as the minimum wage pay- I offer pay based on employees initiative and abilities. I also offer discounts on items and occasional bonuses. Fortunately, I am blessed with many employees that don't really have to work and do so because they want to or want extra spending money. No one is going to get rich working for my small businesses!

[vraiblonde]

Originally Posted by frequentflier

No one is going to get rich working for my small businesses!

Hell, *we're* not even getting rich working for our small business.

What people don't seem to understand about employee wages is that the money has to come from somewhere. It doesn't just materialize magically out of thin air. So if employers are spending more on payroll, they have to increase their prices to compensate. That passes the cost right on to the consumer, who now is spending more on goods and services, which means they need to make more money, and round and round it goes.

I don't understand what is so difficult to comprehend about this, unless we are just a nation of financially retarded individuals.

[frequentflier (Premo)]

Originally Posted by vraiblonde

Hell, *we're* not even getting rich working for our small business.

What people don't seem to understand about employee wages is that the money has to come from somewhere. It doesn't just materialize magically out of thin air. So if employers are spending more on payroll, they have to increase their prices to compensate. That passes the cost right on to the consumer, who now is spending more on goods and services, which means they need to make more money, and round and round it goes.

I don't understand what is so difficult to comprehend about this, unless we are just a nation of financially retarded individuals.

We try really really hard to not have to raise prices at any time despite everyone raises their prices on us! Just the delivery fees from distributors every time a truck pulls up at the stores is between $12 a pop and $32.50! Multiply that by 3 to 5 deliveries per store per week!

[garyt27]

Ok, if that works then why don't we lower the minimum wage, you think all the businesses will lower their prices. How about pricing yourselves right out of business.

[garyt27]

Oh, and you should not ##### at min. wage employees, you get what you pay for. Basically, you have and you have not, the haves want more too.

[vraiblonde]

Originally Posted by garyt27

Ok, if that works then why don't we lower the minimum wage, you think all the businesses will lower their prices. How about pricing yourselves right out of business.

Originally Posted by garyt27

Oh, and you should not ##### at min. wage employees, you get what you pay for. Basically, you have and you have not, the haves want more too.

What are you talking about? Min wage jobs are typically held by teenagers and low skill 2nd income folks. Yes, you get what you pay for. Who wants or needs a $40k burger flipper or WalMart cashier? Do you realize how expensive that would make your burger and Hanes t-shirts?

What part of "income vs. outgo" do you not understand?

If you are an adult trying to raise a family and support a household on minimum wage, that's your fault. Get some education, learn a trade, put forth some effort, and make yourself employable. That's what the rest of us did.

[MarieB]

The minimum wage argument is based on the assumption that employers could afford to pay employees more but don't.