I Am Bored

Loads of viral videos, games, memes, lists and social networking for when you're bored. Updated every day, so visit often.
Latest Popular Most Bookmarked Most Emailed Top Rated My Favorites Random Chat
All Games Funny Entertainment Quizzes Weird Tech Lifestyle, Arts & Lit. News & Politics Science Sports Misc
T-Shirts   Submit Content  

Minimum Wage - Does The Minimum Wage Hurt Workers?

Robbing the more needy to give to the less needy.

submitted by: AntEconomist
< Back Next >
Minimum Wage - Does The Minimum Wage Hurt Workers?. Robbing the more needy to give to the less needy.
+ Add to Favs
View/Add
Hits: 8970 | Favorites: 2 | Emailed: 1 | Rating: 2.0 | Category: News & Politics | Date: 04/14/2012
 
 popular today
The Most `Animated` Anime T-Shirt Ever [Gif] I need to buy one of these. Now. I don`t even like anime.
10 Funny Dating Jokes [Pix] This speed date is going so well, I think we have already broke up.
Adult Fairy Tale Fantasy Art [Pix] The fantasy artwork of J. Scott Campbell turns the world of the classic fairy tale into adult erotica.
Treat Her Tonight [Pic] Nothing says `I love you` quite like this.
Nicki Minaj`s Anaconda Is All About The Booty[Pix] Mind boggling amounts of booty. Oh my god-Becky look at her butt-It is so big.(100 points if you get the reference) NSFW
More Comments >

patchgrabber
Male, 30-39, Canada
 5689 Posts
Monday, April 16, 2012 9:22:16 AM
*minimum dammit.

patchgrabber
Male, 30-39, Canada
 5689 Posts
Monday, April 16, 2012 8:53:55 AM
Minumum wage is not just a thing that should be raised/lowered at a whim, it's set where it is because of the market and the economy. I`m not saying it`s not low, I`m just saying it`s not very simple to just change minimum wage.

The bigger problem is that wages haven`t remained consistent with inflation. If this were the case, people wouldn`t be complaining about this, likely.

MeGrendel
Male, 40-49, Southern US
 4333 Posts
Monday, April 16, 2012 6:38:54 AM
Darkolin-"Where the drat are you getting a 10 cent hamburger?"

Please don't vote. At no point in the video was a 10 cent hamburger mentioned.

We`d explain it to you, but your head would probably explode.

Musuko42
Male, 18-29, Europe
 2820 Posts
Monday, April 16, 2012 6:13:18 AM
@Samsquanch

"No...what a business will do if he's forced to increase minimum wage is increase his profit margin to cover the cost."

For some businesses, and their customers, that may be a problem: the businesses where the labour costs are a high proportion of the cost of the finished product.

I can`t imagine this applies to all products. For those that have a small percentage of labour cost, the price rise would be minimal.

And the implied suggestion that the benefit to the worker will be robbed in the end by prices going up at the same rate as their pay is simplistic: it will only hurt them if the prices of the things they personally need to pay for go up, and I have yet to see anyone crunch the numbers to establish that, for instance, food, shelter and utilities have a large proportion of labour cost.

Darkolin
Male, 30-39, Eastern US
 54 Posts
Sunday, April 15, 2012 9:10:42 PM
Where the drat are you getting a 10 cent hamburger?

More Comments >
 


Bored | Suggest a Link | Contact I Am Bored | About I Am Bored | Link to I Am Bored | Live Submission | Privacy | TOS | Ad Choices | Copyright Policy |
© 2014 Demand Media, Inc. All rights reserved.