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PostPosted: Thu Sep 04, 2014 1:14 pm 
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SomeGuy wrote:
So....what do you think they should "make?"



Nothing. The Waltons should be in prison for dumping Chinese goods and the McDonald's execs should be in prison for poisoning America.

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PostPosted: Thu Sep 04, 2014 1:15 pm 
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Hank Scorpio wrote:
I'm all for people making more money but it isnt realistic to raise min wage to $15. I dont want McDonald's Corportation or the Waltons to keep making billions but the fact is that if min wage is raised the costs will all get passed along to everyone else BUT McD's and Wal-Mart. They will raise their prices accordingly and now we all have less spending power including the min wage employees who just fought for more money. It's just going to keep going around and around... I dont see a fix to the problem.
They won't though. They honestly can't raise prices that much more than they already have them at. Why would you pay $10 for a McDonalds sandwich? You can get a much better sandwich for less than $10 right now. That sandwich isn't going to raise as much.

They would adjust accordingly. Their prices would go up some but who cares? They would have to improve the quality or find another way to do it cheaper. Let them go out of business if they can't cut it.

McDonalds isn't some ultra important thing that needs to be protected at all costs. Let them figure it out.

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PostPosted: Thu Sep 04, 2014 1:16 pm 
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rogers park bryan wrote:
Hank Scorpio wrote:
The problem is that both welfare and min wage are broken.

Welfare is full of abuses and loopholes and you end up with people that really need it not getting it and people that get it and dont need it.

I'm all for people making more money but it isnt realistic to raise min wage to $15. I dont want McDonald's Corportation or the Waltons to keep making billions but the fact is that if min wage is raised the costs will all get passed along to everyone else BUT McD's and Wal-Mart. They will raise their prices accordingly and now we all have less spending power including the min wage employees who just fought for more money. It's just going to keep going around and around... I dont see a fix to the problem.

That's the part that I dont think will happen.

They've neglected the wages for so long, it requires a drastic raise. They will not get away with such a drastic raise in food prices.


No, I dont think milk will go from $3-4 to $6-8 but I do think that everything across the board will go up some and your $200 grocery bill becomes $260. If everything goes up $0.50 you are gonna notice it in total.

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PostPosted: Thu Sep 04, 2014 1:16 pm 
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Boilermaker Rick wrote:
Hank Scorpio wrote:
I'm all for people making more money but it isnt realistic to raise min wage to $15. I dont want McDonald's Corportation or the Waltons to keep making billions but the fact is that if min wage is raised the costs will all get passed along to everyone else BUT McD's and Wal-Mart. They will raise their prices accordingly and now we all have less spending power including the min wage employees who just fought for more money. It's just going to keep going around and around... I dont see a fix to the problem.
They won't though. They honestly can't raise prices that much more than they already have them at. Why would you pay $10 for a McDonalds sandwich? You can get a much better sandwich for less than $10 right now. That sandwich isn't going to raise as much.

They would adjust accordingly. Their prices would go up some but who cares? They would have to improve the quality or find another way to do it cheaper. Let them go out of business if they can't cut it.

McDonalds isn't some ultra important thing that needs to be protected at all costs. Let them figure it out.

Im so tired of agreeing with you all the time.

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PostPosted: Thu Sep 04, 2014 1:17 pm 
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Hank Scorpio wrote:
I meant that I dont want min wage raised and then the corporations not have to feel any of the pain and pass it along to the consumers. I worded that poorly.
They would feel major pain. That is why they fight against minimum wage at every opportunity.

The fact that the government provides about 50% of their employees salary is probably the most important part of their business plan. Let them go out of business if they want. Someone else will step up.

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PostPosted: Thu Sep 04, 2014 1:18 pm 
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If the minimum wage goes to $15, I get fired.

Not a fan. I'd rather have a job.

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PostPosted: Thu Sep 04, 2014 1:18 pm 
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Boilermaker Rick wrote:
Hank Scorpio wrote:
I'm all for people making more money but it isnt realistic to raise min wage to $15. I dont want McDonald's Corportation or the Waltons to keep making billions but the fact is that if min wage is raised the costs will all get passed along to everyone else BUT McD's and Wal-Mart. They will raise their prices accordingly and now we all have less spending power including the min wage employees who just fought for more money. It's just going to keep going around and around... I dont see a fix to the problem.
They won't though. They honestly can't raise prices that much more than they already have them at. Why would you pay $10 for a McDonalds sandwich? You can get a much better sandwich for less than $10 right now. That sandwich isn't going to raise as much.

They would adjust accordingly. Their prices would go up some but who cares? They would have to improve the quality or find another way to do it cheaper. Let them go out of business if they can't cut it.

McDonalds isn't some ultra important thing that needs to be protected at all costs. Let them figure it out.


I just used them as an example of the MEGA corporation. Every company will raise the costs, the cost of everything will go up. People making $15 an hour now will demand raises and so on and so on. I think it needs to go up slowly, a big jump will be a disaster.

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PostPosted: Thu Sep 04, 2014 1:19 pm 
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Boilermaker Rick wrote:
Hank Scorpio wrote:
I meant that I dont want min wage raised and then the corporations not have to feel any of the pain and pass it along to the consumers. I worded that poorly.
They would feel major pain. That is why they fight against minimum wage at every opportunity.

The fact that the government provides about 50% of their employees salary is probably the most important part of their business plan. Let them go out of business if they want. Someone else will step up.


I dont think they would feel it as acutely as the poor and middle class would.

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PostPosted: Thu Sep 04, 2014 1:20 pm 
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Joe Orr Road Rod wrote:
SomeGuy wrote:
So....what do you think they should "make?"



Nothing. The Waltons should be in prison for dumping Chinese goods and the McDonald's execs should be in prison for poisoning America.


and then all these guys bitching about giving the enwurds $$$ can experience the joy of a disillusioned horde of poor people with nothing to lose descending on the suburbs* where everyone's been programmed to think "hey wait a minute i'm all for diversification but why the hell is it happening here?" and then it's too late.

little known fact: urban black ppl omit psychic waves that cripple the white man and cause them to begin to revert to a fetal state, making them far more open to suggestions of things even to their own detriment. pic very related

Image

(much sarcasm was abused in the creation of this post)

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PostPosted: Thu Sep 04, 2014 1:23 pm 
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City of Fools wrote:
If the minimum wage goes to $15, I get fired.

Not a fan. I'd rather have a job.

What?

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PostPosted: Thu Sep 04, 2014 1:23 pm 
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Hank Scorpio wrote:
I dont think they would feel it as acutely as the poor and middle class would.
The middle class is already funding $15 an hour. It is just rolled into your tax bill.

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PostPosted: Thu Sep 04, 2014 1:23 pm 
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Boilermaker Rick wrote:
Hank Scorpio wrote:
I'm all for people making more money but it isnt realistic to raise min wage to $15. I dont want McDonald's Corportation or the Waltons to keep making billions but the fact is that if min wage is raised the costs will all get passed along to everyone else BUT McD's and Wal-Mart. They will raise their prices accordingly and now we all have less spending power including the min wage employees who just fought for more money. It's just going to keep going around and around... I dont see a fix to the problem.
They won't though. They honestly can't raise prices that much more than they already have them at. Why would you pay $10 for a McDonalds sandwich? You can get a much better sandwich for less than $10 right now. That sandwich isn't going to raise as much.

They would adjust accordingly. Their prices would go up some but who cares? They would have to improve the quality or find another way to do it cheaper. Let them go out of business if they can't cut it.

McDonalds isn't some ultra important thing that needs to be protected at all costs. Let them figure it out.

That would include the minimum wage workers losing their jobs too wouldn't it?

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PostPosted: Thu Sep 04, 2014 1:24 pm 
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Hank Scorpio wrote:
I just used them as an example of the MEGA corporation. Every company will raise the costs, the cost of everything will go up. People making $15 an hour now will demand raises and so on and so on. I think it needs to go up slowly, a big jump will be a disaster.

That's just not realistic, Hank.

What Rick is saying is true. If they raise their prices drastically people will go elsewhere. You can apply that to any company large or small


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PostPosted: Thu Sep 04, 2014 1:25 pm 
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badrogue17 wrote:
Boilermaker Rick wrote:
Hank Scorpio wrote:
I'm all for people making more money but it isnt realistic to raise min wage to $15. I dont want McDonald's Corportation or the Waltons to keep making billions but the fact is that if min wage is raised the costs will all get passed along to everyone else BUT McD's and Wal-Mart. They will raise their prices accordingly and now we all have less spending power including the min wage employees who just fought for more money. It's just going to keep going around and around... I dont see a fix to the problem.
They won't though. They honestly can't raise prices that much more than they already have them at. Why would you pay $10 for a McDonalds sandwich? You can get a much better sandwich for less than $10 right now. That sandwich isn't going to raise as much.

They would adjust accordingly. Their prices would go up some but who cares? They would have to improve the quality or find another way to do it cheaper. Let them go out of business if they can't cut it.

McDonalds isn't some ultra important thing that needs to be protected at all costs. Let them figure it out.

That would include the minimum wage workers losing their jobs too wouldn't it?

They'd get jobs at the place that replaces McDonalds in the market


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PostPosted: Thu Sep 04, 2014 1:26 pm 
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Douchebag wrote:
City of Fools wrote:
If the minimum wage goes to $15, I get fired.

Not a fan. I'd rather have a job.

What?

Yeah, really.

Nice drive-by there.


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PostPosted: Thu Sep 04, 2014 1:29 pm 
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badrogue17 wrote:
That would include the minimum wage workers losing their jobs too wouldn't it?
Of course, but keep in mind that companies like Wal-Mart and McDonalds don't create demand. They simply service a demand that already exists. If they went away that demand would still exist. It's like if a gas station goes out of business. People still need gas and will simply shift it to others. It's much different than a company who produces a product that is then sent away. People still need to eat and buy things locally.

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PostPosted: Thu Sep 04, 2014 1:30 pm 
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PostPosted: Thu Sep 04, 2014 1:31 pm 
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So just to clarify, RPB and Rick are saying that business that now have to pay their employees double, will not pass along the majority of that expense to the consumer? Those that try will be out of business and replaced by companies that DONT want to make as much money? That seems like fairy tale world to me. If I believed that woudl happen I'd grab a picket sign and get in line. Doesnt Target and Meijer just want to be Wal-Mart? Why would they suddenly begin to want decreased profits?

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PostPosted: Thu Sep 04, 2014 1:35 pm 
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I must say, and it pains me, that I am in agreement with Hank on this.

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PostPosted: Thu Sep 04, 2014 1:35 pm 
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Raising minimum wage will raise the wage for all workers and not just those at Walmart and McDonalds. Workers at full-time positions that make more than today's minimum wage will all get raises to continue to be in line with the new minimum wage. Mom and Pop shops will have to raise the wage of all their employees, ect.

This isn't a difficult concept to grasp. The cost of labor in every single business in this country will rise at the same percentage as the minimum wage. Every company in the US cannot just write that off or go out of business.

Getting people out of poverty will take more than giving people more money. It will require changing the thinking of not just everyone below the poverty line, but also the way society feels about poverty. That will not happen in today's world.


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PostPosted: Thu Sep 04, 2014 1:35 pm 
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Nas wrote:
Did IMU post this on Facebook?

C.I.J.

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PostPosted: Thu Sep 04, 2014 1:37 pm 
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Hank Scorpio wrote:
So just to clarify, RPB and Rick are saying that business that now have to pay their employees double, will not pass along the majority of that expense to the consumer?
Yes. They make insane profits right now. This is because they can win on price. They still need to compete on price so they have to take less profit. Imagine you have a McDonalds and a "Rick's Chicken Shack" right next to it. McDonalds sells a chicken sandwich for $4 and I sell one for $7 currently. My costs raise and I may have to sell for $10, but McDonalds has to sell it for $8. Suddenly, my chicken looks a lot better. McDonalds either improves quality or keeps the prices noticeably lower.
Hank Scorpio wrote:
Those that try will be out of business and replaced by companies that DONT want to make as much money? That seems like fairy tale world to me. If I believed that woudl happen I'd grab a picket sign and get in line. Doesnt Target and Meijer just want to be Wal-Mart? Why would they suddenly begin to want decreased profits?
Of course they don't want decreased profits but who cares what they want? They will adjust. If the minimum wage raised, Macy's and other higher end stores still force them to be cheaper.

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PostPosted: Thu Sep 04, 2014 1:39 pm 
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Raising the minimum wage isn't the answer. People in companies that make a lot would have to make less. In not the pie won't change. You have to take from one group and give to others. Just the reverse of what has happened for the past 50 years.

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PostPosted: Thu Sep 04, 2014 1:41 pm 
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Hank Scorpio wrote:
So just to clarify, RPB and Rick are saying that business that now have to pay their employees double, will not pass along the majority of that expense to the consumer? Those that try will be out of business and replaced by companies that DONT want to make as much money? That seems like fairy tale world to me. If I believed that woudl happen I'd grab a picket sign and get in line. Doesnt Target and Meijer just want to be Wal-Mart? Why would they suddenly begin to want decreased profits?

You're missing a step here. Its not about what companies want. Its about being viable in the market place.

Its not that Target or whoever wants to make less money, its that they want to stay in business.


If McDonalds changes the Dollar menu to the 5 dollar menu no one will be buying and some other fast food place will come along with a price reasonable to the consumer


That's the corner corporations have painted themselves into buy letting the wage fall so far behind. Now raising prices to match raising wages is NOT an option.


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PostPosted: Thu Sep 04, 2014 1:42 pm 
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Big Chicagoan wrote:
Raising minimum wage will raise the wage for all workers and not just those at Walmart and McDonalds. Workers at full-time positions that make more than today's minimum wage will all get raises to continue to be in line with the new minimum wage. Mom and Pop shops will have to raise the wage of all their employees, ect.

This isn't a difficult concept to grasp. The cost of labor in every single business in this country will rise at the same percentage as the minimum wage. Every company in the US cannot just write that off or go out of business.
Wages have been stagnant for much of the middle class too. Why are these companies who are not giving raises now suddenly going to give everyone a 100% raise?

The problem is that minimum wage has lagged behind what it should have been raised to. We need to correct that. Based on a lot of different metrics, it SHOULD be $15 right now to just keep up with what it was.

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PostPosted: Thu Sep 04, 2014 1:43 pm 
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Boilermaker Rick wrote:
Of course they don't want decreased profits but who cares what they want? They will adjust. If the minimum wage raised, Macy's and other higher end stores still force them to be cheaper.


Yes by forcing higher prices on us. And then when the cost of a golf shirt at Target is getting close to a Ralph Lauren shirt at Macy's, Macy's will raise their price accordingly. Everything, everywhere will go up.

Try raising the min wage slowly and then I think you can make companies adjust. Doubling it is a economic disaster.

And again to clarify, I dont care if Wal-Mart goes out of business or if the 5th generation Walton cant get as big of a boat but I do care about paying more for essential items like food and clothing. A raise in the min wage causes prices to go up for everyone and that only hurts the poor and middle class.

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PostPosted: Thu Sep 04, 2014 1:44 pm 
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Big Chicagoan wrote:
Raising minimum wage will raise the wage for all workers and not just those at Walmart and McDonalds. Workers at full-time positions that make more than today's minimum wage will all get raises to continue to be in line with the new minimum wage. Mom and Pop shops will have to raise the wage of all their employees, ect.

This isn't a difficult concept to grasp. The cost of labor in every single business in this country will rise at the same percentage as the minimum wage. Every company in the US cannot just write that off or go out of business.

Another good point that seems lost on many (not here necessarily)


It seems like blue collar guy who makes 17 and hour thinks he's gonna stay at 17 while the McDonalds cook makes 15.


Not the case


BTW, side note, dont apprentices in many trades start out at 15/hour?

And many times they are untrained and essentially digging ditches to start right?

Why is that ok?


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PostPosted: Thu Sep 04, 2014 1:45 pm 
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rogers park bryan wrote:
Douchebag wrote:
City of Fools wrote:
If the minimum wage goes to $15, I get fired.

Not a fan. I'd rather have a job.

What?

Yeah, really.

Nice drive-by there.


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PostPosted: Thu Sep 04, 2014 1:46 pm 
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Nas wrote:
Raising the minimum wage isn't the answer. People in companies that make a lot would have to make less. In not the pie won't change. You have to take from one group and give to others. Just the reverse of what has happened for the past 50 years.


This is correct. And do you think the people in power are going to voluntarily make less money?!?! It's not the real world. It sucks and I wish it werent that way but it is...

Burger King, Hardees any fast food place isnt going to make less money to try to ride out McDonald's price increase. They cant afford to. They will all raise prices together.

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PostPosted: Thu Sep 04, 2014 1:47 pm 
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