
07-17-2016, 02:43 PM
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Quote:
Originally Posted by Guest
How about the proponent giving us a lesson in where and how they came up with the number $15???
Since when did the requirement for minimum wage become being adequate to raise and support a family?
I find most who are the loudest proponents of the magical $15 have no business accumen what so ever.
They do not understand that a business has a certain amount of margin many times the largest expense being wages.
To raise the wages and remain at the same profitability requires an increase in income.......higher prices....to get more margin to pay the higher minimum wage.
When there is no room to recover the margin due to increased wages expense the only other option is to cut hours or reduce the number of employees.
BFD!!! You now get $15 per hour!! You now work less hours and are not bringing anymore pay home than when making less.
The bleeding heart approach to giving money away only works in the government. They are the only ones who can keep raising wages and opearte with negative income.
How about making it personal. If the utility company decided they were not making enough profit to give their employees all a raise to the feel good level and they had to increase your monthly bill $30 per month to do so; would that be OK? Hell it is only $1 per day. Surely a resident of TV can afford that measly amount.
Same BS logic applies to minimum wage.
I still want to know where the $15 need came from!
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