Minimum wage, good or bad?

[Bruce Wayne]

Re: Minimum wage, good or bad?

If corporations want to force children to work 14 hours a day and contract with other companies that utilize sweatshops, “then they should be allowed to. It's a free world isn't it? We may not like it but that's too bad.”

Right ?

#

Are you serious? Companies forcing people to work for them? I can just imagine what my staff would say if I tried to do this.

[Dingoluv4eva]

Re: Minimum wage, good or bad?

A lot of white collar workers who dont get paid Overtime.. (or alteast didnt until they started suing the companies recently)

they pretty much get forced to work..

Tru most get paid monthly salary but also most are in low level jobs making maybe a mere 35,000 a year which in MA is pathetic.. but their work day is still supposed to be 8 hours long..
when they pretty much get forced to work 12+ hours 6 days a week.. being a customers slave... NOT BEING PAID EXTRA, FOR THE EXTRA WORK.

ofcourse if they refuse to work the extra hours, to keep the customer happy, as their boss wants them to do.. they will be shown the door..

Are they forced to work? yeah i would call that forced.
If it was legal to hire 10 year olds.. i don't see why any company would say no to them. IF they wanna try, give them a chance, is their mentality. and than squeeze out of them all u can.. and we'll show them the door if they don't like it. Maybe later in court if they feel they got a case.

[dealsaver]

Re: Minimum wage, good or bad?

Yes, REALLY.According to a study of executive compensation by consultant 'Pearl Meyer & Partners', CEO pay increased in 2004 by 12 percent over 2003. Conversely, the average worker’s pay DECREASED in 2004:

"Too often, CEO pay enriches executives without regard to their individual performance to their company"

#

Once may be too often, however overall companies' CEOs and their compensation are linked to the performance of the companies they work for.

Your linking of CEO compensation and the average worker's pay displays a common misunderstanding of statistics and corelation. Ask Dr.Math for High School at mathforum.org is a good place to start for a better understanding of these concepts.

BTW, is "the guy at factcheck" still a hack when the analysis is critical of the current administration or only when you disagree with their findings?

[VJW]

Re: Minimum wage, good or bad?

Once may be too often

It’s not “once”, it’s the norm.

however overall companies' CEOs and their compensation are linked to the performance of the companies they work for.

Nope.

Check the airlines, as just one example.

Your linking of CEO compensation and the average worker's pay

Is not only very illustrative, but quite relevant.

displays a common misunderstanding of statistics and corelation.

Your attempt to change the subject shows your inability to substantiate your assertions.

Ask Dr.Math for High School at mathforum.org is a good place to start for a better understanding of these concepts.

You may benefit from a remedial economics classes, as theses are facts, not "concepts".

Gotta go.

#

[dealsaver]

Re: Minimum wage, good or bad?

You may benefit from a remedial economics classes, as theses are facts, not "concepts".
#

Thankses.

[jmjj215]

Re: Minimum wage, good or bad?

And there goes the thread..

[VJW]

Re: Minimum wage, good or bad?

Are you serious?

Quite.

Companies forcing people to work for them? I can just imagine what my staff would say if I tried to do this.

OK, leave the word “force” out:

If corporations want children to work 14 hours a day and contract with other companies that utilize sweatshops, “then they should be allowed to. It's a free world isn't it? We may not like it but that's too bad.”

Right ?

#

[VJW]

Re: Minimum wage, good or bad?

Thankses.

You reinforce my point once again.

Unable to support your unsubstantiated assertions, you resort to emphasizing spelling errors ? What’s next, syntax ? Optional tenses ?

How pathetic.

#

[VJW]

Re: Minimum wage, good or bad?

Jesse,

I’ll address your question when I have more time.

#

[Bruce Wayne]

Re: Minimum wage, good or bad?

If corporations want children to work 14 hours a day and contract with other companies that utilize sweatshops, “then they should be allowed to. It's a free world isn't it? We may not like it but that's too bad.”

Right ?

#

Companies can want to do that if they want but nothing is forcing people to work in ways that they don't want to work.

I doubt very much that even if laws against such things didn't exist that companies operating in America, Britain, Europe etc. would/could employ such tactics. In the developing world it is another matter but suggesting it is a common practice in the western world is laughable.

[Dingoluv4eva]

Re: Minimum wage, good or bad?

If big corporations like Walmart take the risk to hire Illegal immigrants.. and are willing to risk paying hefty fines for it..

and that is an illegal practice..

I think its laughable, to think that Companies would avoid Child labor.. (if child labor were legal)

[dealsaver]

Re: Minimum wage, good or bad?

You reinforce my point once again.

Unable to support your unsubstantiated assertions, you resort to emphasizing spelling errors ? What’s next, syntax ? Optional tenses ?

How pathetic.

#

VJW, here are examples of unsubstantiated posts:

No they can't

I’m afraid not.

Nope.

Yes, REALLY.

They are all yours. You ask for substantiation and when it is given with reference you confuse your opinion(or the AFL-CIO's?) with the facts. You point to examples while ignoring the overall picture. It's a kind of stereotyping you engage in that I hope only extends to big business.

When you do go on to try to back up one of your one line answers, you mix apples and oranges by comparing CEO compensation and the pay of the average worker. The average worker includes people who work on farms, doctors in private practice, and others not employed by major corporations. It would be silly to link their fortunes to companies they are not even employed by.

[Bruce Wayne]

Re: Minimum wage, good or bad?

If big corporations like Walmart take the risk to hire Illegal immigrants.. and are willing to risk paying hefty fines for it..

and that is an illegal practice..

I think its laughable, to think that Companies would avoid Child labor.. (if child labor were legal)

I don't know about the US but here in Britain we are moving rapidly towards a service based economy where brains are what make us stand out in the marketplace. Manufacturing is going overseas where the cost base is lower.

In such an environment, what is the point of hiring cheap schoolkids when they don't have the brains or the skills to do what you want?

This isn't Victorian times when you shove them up chimneys you know

[Dingoluv4eva]

Re: Minimum wage, good or bad?

oh ok, Bruce..
this is where we conflict at..

I live in the USA.,.
u're in Britain..

Britain is civilized...

USA is different.. we're ruthless.

MANCHESTER UNITED fans aren't being stupid for staging unrest over the american buying the team.. in due time.. those that rebelled against it.. will be proud of it, and would have wished they did more lol

[jmjj215]

Re: Minimum wage, good or bad?

USA is different.. we're ruthless.

I was talking w/ my parents early this morning. My dad said that this country (USA) was built on utilizing unjust labor - slaves in the south and children in the north.

Interesting thought huh?

It seems every "developed" country "developed" through such a stage. Europe is no different. Is that really necessary to develop your economy? Is there no other way to grow your economy except through exploitation? Because every big economy has done it at one time - in a big way.