Minimum wage increase

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C

Chris

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The day before yesterday it was passed that minimum wage will be going from 9.25 and hour to 15 an hour here in California.

It all sounds good that some will be able to make more money and live the american dream. The part they forget to see is that most all small business can not afford this and big business just won't pay it. Yesterday Heinz announced they are shutting down their plant and moving out of state because of this. Right there is several hundred jobs gone. A small business will cut down on staff to absorb the hit. I will be getting rid of two of my office girls and keep just one. Besides that everything will get more expensive. Housing will go up, gas will go up, food will go up. I honestly don't understand how this is going to help anything?
 
We need to get rid of Governor Moonbeam and all his enabling staff. They are absolutely killing the American Dream, unless your dream is to sit back and drink Colt 45's, get free Section 8 housing, be supplied with all your food from the WIC and EBT programs, and oh yeah, them free Obammy phones and Internet.
 
havasu said:
We need to get rid of Governor Moonbeam and all his enabling staff. They are absolutely killing the American Dream, unless your dream is to sit back and drink Colt 45's, get free Section 8 housing, be supplied with all your food from the WIC and EBT programs, and oh yeah, them free Obammy phones and Internet.
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That is truly the California dream of most. I know several people that actually look forward to that. Those and the ones that want to sit around and smoke pot because they have a medical card. I find it hard to believe you are in your early 20's and need medical cannabis.

I am very very sad for the youth of today. Most seem to be very entitled and are just lazy. Very few of them actually want to learn a trade and work for a living. Then we have the people in charge enabling this attitude with politics. It is more important to get that vote and put money in their pockets than it is to show the true american dream.
 
Chris said:
The day before yesterday it was passed that minimum wage will be going from 9.25 and hour to 15 an hour here in California.

It all sounds good that some will be able to make more money and live the american dream. The part they forget to see is that most all small business can not afford this and big business just won't pay it. Yesterday Heinz announced they are shutting down their plant and moving out of state because of this. Right there is several hundred jobs gone. A small business will cut down on staff to absorb the hit. I will be getting rid of two of my office girls and keep just one. Besides that everything will get more expensive. Housing will go up, gas will go up, food will go up. I honestly don't understand how this is going to help anything?
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It is an adjustment period but it will work out in the end because it always does.
It is hard on companies that pay even well above min.wage as they havew to raise wages too just to keep good people. But the record shoes that the cities that have already raised wages have increased the jobs, not lost them.
Heinz is under new management and is closing plants all over North Amareca and it not about water or wages. If it was they would have kept their plant in Ontario Canada.:beer:
 
nealtw said:
It is an adjustment period but it will work out in the end because it always does.
It is hard on companies that pay even well above min.wage as they havew to raise wages too just to keep good people. But the record shoes that the cities that have already raised wages have increased the jobs, not lost them.
Heinz is under new management and is closing plants all over North Amareca and it not about water or wages. If it was they would have kept their plant in Ontario Canada.:beer:
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“This difficult decision was the result of a comprehensive evaluation to maximize efficiencies, reduce excess capacity and to help make Heinz more competitive in a challenging global business environment,” Mullen said in an emailed statement to the Business Journal.

that double speak my friend = wages and tax's
 
frodo said:
“This difficult decision was the result of a comprehensive evaluation to maximize efficiencies, reduce excess capacity and to help make Heinz more competitive in a challenging global business environment,” Mullen said in an emailed statement to the Business Journal.

that double speak my friend = wages and tax's
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Sure it is ,but it has nothing to do with Cal., min wage. It is simply union busting.
I doubt if they had any empoyees that would have been effected by the higher wage.
 
There's talk about it here also. I'm not sure , I believe it's NYS , but maybe it's on the federal level.

Here's my honest to god view on this. It's just like the post I made about the government printing off money out of thin air and creating inflation......hidden tax.

This is no different. If minimum wage goes up , so does the price of everything else. The cost of living is higher and your dollar that you make is worth less. Hidden tax.
 
buffalo said:
There's talk about it here also. I'm not sure , I believe it's NYS , but maybe it's on the federal level.

Here's my honest to god view on this. It's just like the post I made about the government printing off money out of thin air and creating inflation......hidden tax.

This is no different. If minimum wage goes up , so does the price of everything else. The cost of living is higher and your dollar that you make is worth less. Hidden tax.
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That is true but capitalism dosn't work without inflation, if wages don't inflate at the rate of the greater economy you have a greater and greater number of poor.
 
nealtw said:
That is true but capitalism dosn't work without inflation, if wages don't inflate at the rate of the greater economy you have a greater and greater number of poor.
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Inflation wouldn't happen , if they dint print money. If the dollar was backed by a specific weight/amount of say gold , then it's worth is established. Now it's worth is in Flux , a downward flux because more money is being printed. Capitalism can work without that .

By raising the minimum wage , they are creating a greater number of poor. Because now you , who has a trade and a skill that not just anybody can do without years 9f experience and training , make less and are poorer. Besides , McDonald's should not be your full time job to support a family. If the government sees it that way then we might as well be socialists, which we are half way there anyway.
 
buffalo said:
Inflation wouldn't happen , if they dint print money. If the dollar was backed by a specific weight/amount of say gold , then it's worth is established. Now it's worth is in Flux , a downward flux because more money is being printed. Capitalism can work without that .

By raising the minimum wage , they are creating a greater number of poor. Because now you , who has a trade and a skill that not just anybody can do without years 9f experience and training , make less and are poorer. Besides , McDonald's should not be your full time job to support a family. If the government sees it that way then we might as well be socialists, which we are half way there anyway.
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No that is not how it works. More people moving into middle class with more money to spend. Trades people have more work than they can handle and raise their rates and higher more people.
 
nealtw said:
No that is not how it works. More people moving into middle class with more money to spend. Trades people have more work than they can handle and raise their rates and higher more people.
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Not more money to spend , because everything else now costs more. Including the rates your now charging.
 
buffalo said:
Not more money to spend , because everything else now costs more. Including the rates your now charging.
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But if you can get all those people off food stamps, they will have to find somewhere else to spend you tax dollars:hide: like infrastructure.
 
No, farm subsidies, check you elected people for who owns farms and how much money they get, and food stamps subsidies big business who pay min. wage.
 
nealtw said:
No, farm subsidies, check you elected people for who owns farms and how much money they get, and food stamps subsidies big business who pay min. wage.
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I would have to look into that , because I don't know. But I feel better about giving money to the poor farmers who work sun up till sun down providing our country with food , than the baby mommas who get more money for each kid they spit out.

We could seriously live just as good as I am now if we quite working. Free rent , free food , free health insurance . maybe even an Obama phone . I just couldn't do it. I guess a saftey net for people to fall on is a great idea for any society. But it's just blantently being taken advantage of here. And tbh , I don't think that's somthing you can change , there will always be those people.
 
That right there just shows the coruption of government. Even ownership aside , it's all about lobbyists. You have a group that can donate a bunch of cash to a campaign fund , your gonna get what you want , wether justified or not , wether for the good of the people or not.
 
The money supply has to grow and reflect the true growth in a country. Something has to be created of worth before the money supply can grow. It would be no different than barter for goods and services money is just a convenient way to barter. Say a guy has a piece of rocky ground and he spends ten years picking up stones and builds a beautiful house out of them. He has taken nothing and made something of worth. Another guy spent ten years clearing and making a beautiful farm out of worthless land and a third guy spent ten years building a factory to make cars out iron oar. They need a method to buy each others created products with the wealth they created thru their hard work. That is free market capitalism and a dirty word now a day. Others like governor moonbeam are Keynesian thinkers and don’t apply measurements or data to their evaluation of a country’s worth and use the money policy as a short term fix to all problems. And yes inflation is a hidden tax we all pay.

If you want to learn more read everything you can get your hands on about Milton Friedman and all he had written on the subject.

Here is a good starting point or just google his name.

http://www.investopedia.com/articles/economics/09/milton-friedman.asp


[ame]https://www.youtube.com/watch?v=RWsx1X8PV_A[/ame]
 
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