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Originally Posted by stevo
No its not. Its about making people who are in favor of minimum wage feel good about themselves.
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What a fantastic point! Yes, the one and only reason for minimum wage is to make me sleep better at night. It's not like McDonalds would be paying people $3.45 an hour if they could. It's not like busniesses have to be heald responsible for the ability to give out fair wages to their employees.
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Originally Posted by stevo
We don't try to prevent murder as much as we try and punish people who have comitted murder. Anyway the bumper analogy is pointless. If my bumper was falling off I wouldn't tape it back up. I'd bolt it back on. Bumpers on cars are nothing like poverty.
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Well what if you can't afford bolts because you only make $1.25 per hour? Punishment = deterrant so far as murder.
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Originally Posted by stevo
Some <- thats the key word here. What about the average business owner the guy who is the working stiff? It sure is convenient to ignore him when we talk about minimum wage.
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Again, anything over $20 million a year isn't a working stiff. You can't tell me that the CEO of Viacom works harder than my gardener (who makes about minimum wage). That's the bottom line.
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Originally Posted by stevo
With today's technology it is less expensive than ever to start a business. While I personally don't run my own business I have (and still help) family members run theirs.
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Could poor people afford computers without minimum wage?
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Originally Posted by stevo
But no one has yet to answer the question - Where does the money come from to pay the minimum wage? Where?
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The income of the company. I don't know why you are making this seem so complicated. Company X has 4 levels of employees. Level 1 is the bottom level worker comprised of 40 people that do manual labor and makes minimum wage (about $10k a year). Level 2 is local managment comprised of 12 people that makes about $15 per hour (about $25k a year). Level 3 is the board of 4 people who makes about $70k a year. Level 4 is the CEO who makes about $750k a year. Is something wrong with this picture?
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Originally Posted by stevo
yes. way back when.
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And what would life have been like for you then if you did the same job for $2.00 per hour? What if that was the best paying job for your work experience that you could find?
The answer to the above "Is anything wrong with this picture" is, of course, the CEO makes more than ALL the level 1 employees COMBINED.