Quote:
Originally Posted by Rudeboyelvis
I'm trembling at the thought that we are witnessing the reincarnation of Riot.
You keep quoting the same flawed labor-union sponsored, labor-union paid for study. It is complete biased crap that says only what the labor unions want it to say. Common sense dictates that an imposed rise in labor costs will be passed on to the consumers - If corporations thought they would increase profit by paying higher minimum wages, do you honestly think they wouldn't? Do you honestly believe that they do not have economists staffed to determine precisely what wage scale would generate the most return on investment? To assume that Employers are either too naive or short-sighted to see how great/profitable their companies would operate if they paid unskilled labor higher wages - is ironically naive and short-sighted.
Economic Policy Institute:
EPI advocates for low- to moderate-income families in the United States. EPI also assesses current economic policies and proposes new policies that EPI believes will protect and improve the living standards of working families.
that doesn't make them bad, it just makes them biased.
Funding:
Eight labor unions made a five-year funding pledge to EPI at its inception: AFSCME, United Auto Workers, United Steelworkers, United Mine Workers, International Association of Machinists, Communications Workers of America, Service Employees International Union, and United Food and Commercial Workers Union.
http://en.wikipedia.org/wiki/Economic_Policy_Institute
It's disingenuous to keep cutting and pasting quips from this document like it is some sort of "independent" study.
Free markets cannot survive when employers are coerced and strong-armed into paying higher than market-priced wages for unskilled labor. Instead of encouraging this behavior, perhaps these folks clamoring to be overpaid might be better served to be encouraged to take accountability for themselves instead. That's the way it used to work at least. |
for starters, let's try to stay on topic. i'm not riot, and never will be.
do you wish to continue to subsidize low paid workers thru welfare?
and why is it that before, corporations could pay a living minimum wage, but now they can't?
overpaid? below federal poverty level is correct pay? living at poverty level is overpaid?
as for unskilled-define unskilled. as has been shown, many of these 'unskilled' workers are in these jobs because of layoffs in their previous field, many have a skill, a degree, or at least some college.
as for corporations, they are like racetracks, they only consider their own slice of the pie without looking at the bigger picture. and since we taxpayers help these same corporations thru tax deals, subsidies and the like, the least they could do is pay their workers enough that we wouldn't have to subsidize both employer and employee.
it's a simple question-do we want corporations who make billions in profits to pay their workers enough to get off welfare, or do you want to continue to help these people get by via welfare?
'EPI advocates for low- to moderate-income families in the United States. EPI also assesses current economic policies and proposes new policies that EPI believes will protect and improve the living standards of working families.' sounds good to me, since i'm a member of a working family-the backbone of this country.