casual encounters only
Living wage advocates, how are restaruant owners supposed to deal with being squeezed like this?
- Thread starter Camile.Bidan
- Start date
ADevilYouKhow
Rhyme Reason
Won't someone PLEASE think about the business owners
All business owners lives matter.
Doesn't matter if you don't represent the amounts with purchasing parity represented.Do you think the countries.listed have more or less purchasing power?
Just showing conversion rates is fukking useless.
And yes, some nations have more purchasing parity with those wages.
$100 in the US is nothing in Australia even for the cost of goods and services
I see a gap thats supposed to be inherent.
If you work for MW, that isn't supposed to cover you. Its just supposed to represent the basal amount of compensation.
ITs not meant to support a family or anyone on hard times. Its merely the representation of a transaction of labor.
There are ways to supplement that OR many people on MW work part time or use other means like welfare or food stamps. And not to mention only 2% of workers are making MW.
So where does this leave us?
We can argue if marginal wages need to increase. I agree. But theres no way to raise the wage floor enough to affect middle income earners....without some sort of massive legal precedent.
Even industry specific MW would be interesting. Or age graduated MW would change how I view MW as a basal floor of wages.
NZA
LOL
dont you progressive jerks understand that being able to "live" on your wages is a drag on the economy?
you libtards dont get it. yes it is smart to pay executives millions of dollars, but we cant afford to risk overpaying the people who do the work by a few bucks. those workers' IQs are only at 95, while the execs can score an average of 115 after a coke binge and a wild night with hookers. that 20 point difference matters A LOT!!! does it make sense now, you commies?!
you libtards dont get it. yes it is smart to pay executives millions of dollars, but we cant afford to risk overpaying the people who do the work by a few bucks. those workers' IQs are only at 95, while the execs can score an average of 115 after a coke binge and a wild night with hookers. that 20 point difference matters A LOT!!! does it make sense now, you commies?!
SAME shyt I told dude
Dude kept trying to refer me to dollar amounts.
its NOT the same
Japan, France, Canada all with higher minimum wage and comparable PPP. All with more extensive social safety nets as well.
JahFocus CS
Get It How You Get It
You don't understand. PLEASE look at how small those countries' populations are compared to the U.S. population
You don't understand. PLEASE look at how small those countries' populations are compared to the U.S. population
Please don't look at their wealth gap though.
I don't understand why more businesses just do profit sharing
- blackierobinson
- blackierobinson
Do you not realize what purchasing parity is????????
You can't just post the converted dollar amounts.
Purchasing parity is assessed often in ratios, not dollar amounts!!!
Broke Wave
The GOAT
The proble with the argument that wage increases have a direct negative correlation with price increases and unemployment is not only is the research against it, its that simply from a logical perspective the inverse would have to be true.
Lowering wages will lead to lower prices and less unemployment, therfore Greeks should lower wages and everything will work out. A 0.30 cent minimum wage in greece will lower all prices and make labour very affordable.
ill
Superstar
Japans economy has been stagnant or receding for the past 3 decades.
France has high unemployment especially with their youth aka the people that are supposed to get into these MW jobs...
Food for thought
NZA
LOL
i bring it up because overpaying based on "IQ points" is what the threadstarter brought up. look at the first page.