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Title: McDonald's response to the $15 dollar an hour minimum wage
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Published: May 28, 2015
Author: Interwebs
Post Date: 2015-05-28 09:46:33 by Jethro Tull
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Views: 1170
Comments: 88
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#2. To: Jethro Tull (#0)
I have asked this question many times from those that decry unions, minimum wages etc etc... If union and wage laws were repealed, would the hourly rate go up, remain the same or go down????
Some of each, imo.
If the law does not allow lesser wages and does not prohibit greater wages, one has to wonder why 99 per cent of employers have no employees warranting more than minimum wage.
Some jobs are just meant to be entry level minimum wage jobs. In other cases, employees that have worked years to rise slowly and slightly above minimum wage are being reset back to minimum wage, or very close to it, every time that minimum wage is raised and they don't get a comparable cost of living increase in their wages too. No matter how much minimum wage is raised, it is still just minimum wage. Businesses can simply increase their prices by the percentage of increase, regardless if they have just one or very few minimum wage workers, and they profit much from the rest of their staff's earnings staying the same (thereby losing more and more of their percentage margin above minimum wage each time). Businesses make a big show of grumbling about it but they are actually being enriched each time by that raise robbery sleight-of-hand scam and its resultant virtual rollback of their longterm/above minimum wage workfore closer towards entry level payment where they started.
HISTORY.... Henry Ford broke ranks with the capitalist barons by paying his workers five dollars a day. The business world was outraged. Ford was making millions, then he turned greedy, he "needed" to make more millions, but how? Ford invented the assembly line system. He had a bright idea, he could make more millions by speeding up the assembly line, paying the "laborers" the same pay to turn out more cars. Brilliant idea, make labor sweat, Ford has more millions to count. When the dastardly laborers had the audacity to go on strike, Ford and the police shot and killed a few of them, how dare they strike. No one went to jail, good men were dead and labor had learned their place at the bottom of the ladder.
#19. To: Cynicom (#10)
(Edited)
Henry Ford broke ranks with the capitalist barons by paying his workers five dollars a day. The business world was outraged. Ford was making millions, then he turned greedy, he "needed" to make more millions, but how? Ford invented the assembly line system. He had a bright idea, he could make more millions by speeding up the assembly line, paying the "laborers" the same pay to turn out more cars. Brilliant idea, make labor sweat, Ford has more millions to count. When the dastardly laborers had the audacity to go on strike, Ford and the police shot and killed a few of them, how dare they strike. No one went to jail, good men were dead and labor had learned their place at the bottom of the ladder. I'd have to check but that strike might be what sent Ford to Russia, where he likely made additional millions from his factory set ups there instead roundabout here. Do people really need a union to go on strike? I don't think so. The coal miners, for example, should have asserted that the resources being extracted were their State's property and theirs too as citizens of it, imo, and if the proprietors didn't see it that way, they could try to go elsewhere and the workers would continue working for their economy. The unions did nothing to facilitate any bargainings like that to benefit laborers.
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#4. To: Cynicom (#2)
If union and wage laws were repealed, would the hourly rate go up, remain the same or go down????
#6. To: Lod (#4)
Some of each, imo.
#9. To: Cynicom (#6)
(Edited)
If the law does not allow lesser wages and does not prohibit greater wages, one has to wonder why 99 per cent of employers have no employees warranting more than minimum wage.
#10. To: GreyLmist (#9)
Replies to Comment # 10. HISTORY....
End Trace Mode for Comment # 10.