"Don't just put the blame on Obama. Take it up with the CEO" got posted in /r/conservative (np.reddit.com)
SubredditDrama
19 ups - 2 downs = 17 votes
22 comments submitted at 17:47:20 on Feb 23, 2014 by 75000_Tokkul
"Don't just put the blame on Obama. Take it up with the CEO" got posted in /r/conservative (np.reddit.com)
SubredditDrama
19 ups - 2 downs = 17 votes
22 comments submitted at 17:47:20 on Feb 23, 2014 by 75000_Tokkul
Why should a company keep employees if the increased wage means that employee is losing money for them. Ill use numbers. Pre wage increase an employee earns 9$ an hour and is paid 7$. That employer wants to keep that employee because they are a net gain for their company. Now minimum wage goes up and that employee is now choosing them 10$ but still only making 9$. So managing this employee on staff is a net loss for the company so why besides the goodness of their hearts should they keep the employee?
where do your numbers come from?
From his ass.
What is the APA format for citing one's ass?
pfft APA?
MLA 4 LYFE
The proof that your entire post is a contrived scenario is here
> Now minimum wage goes up and that employee is now choosing them 10$ but still only making 9$.
Next time you want to come up with a scenario, try to not pull numbers out of your ass.
Ok why else would you fire an employee because of a wage increase? If you hired that employee in the first place the only reason you would it's because that employee earns more money for the company then that employee costs. Because what sane person would pay someone 10$ to earn them 5$. So the employee had some value to the company that is more then the employee costs. But if that employee gets more expensive then there is a risk that that employee is costing them more then he is earning them now. Which is what my made up scenario was trying to show. A company is not a charity and they should not be expected to pay more then an employee is makes them cause that is just horrible business practice. The fear when it comes to raising the minimum wage is how many people's jobs will now be worth less then what they cost now.
We have had almost 20 min wage increases since FDR passed the law.
Show me where your contrived theory happens.
Here I will make a citable claim to balance yours out.
http://www.cepr.net/index.php/blogs/cepr-blog/the-minimum-wage-and-economic-growth
>If the minimum wage had kept pace with productivity growth it would be $16.54 in 2012 dollars. It is important to note that this is a very conservative measure of productivity growth. Rather than taking the conventional data published by the Bureau of Labor Statistics for the non-farm business sector, it uses the broader measure for economy-wide productivity.[1] This lowers average growth by 0.2-0.3 percentage points.
>Ok why else would you fire an employee because of a wage increase?
I wouldn't.
> If you hired that employee in the first place the only reason you would it's because that employee earns more money for the company then that employee costs.
Yes.
>Because what sane person would pay someone 10$ to earn them 5$.
No one. That's not happening though.
>But if that employee gets more expensive then there is a risk that that employee is costing then more then he it's earning them now.
That's not happening with the minimum wage increase nor the ACA. The only place it could possibly happen are very small businesses, which is why they are exempt from the ACA.
>Which is what my made up scenario was trying to show.
Your made up scenario is unrealistic because the minimum wage being increased by $2 or $3 won't suddenly mean the employee costs more than he or she brings in.
First off, there's the whole how do you calculate how much an employee brings in to begin with? How much does the IT guy bring in, for example? How would you calculate that? How do you calculate how much Accounts Payable brings in? How do you calculate how much the cleaning staff brings in?
But lets say you've somehow shown a formula for each and we have numbers. Are you seriously saying that companies are the difference between how much the employees cost and how much they are being paid are less than $2? Because that's the only way it would suddenly make all these employees cost more than they bring in. Can you see how ridiculous that scenario is?
>A company is not a charity and they should not be expected to pay more then an employee is makes them cause that is just horrible business practice
No one is expecting them to do that.