Trump Says He 'Needs God Even More' as President (Who can argue with that?)
- Thread starter Angel4Truth
- Start date
A little excessive...that's why you're asking, yes?
Takes one to know one
glassjester
Well-known member
Well wouldn't everyone live better if the minimum wage was $30?
Lets find out. Seriously, we've let the minimum wage fall way behind. Maybe we should see what happens when it's a lot higher.
Don't know, I'm not an economics guru. But per rex's suggestion...let's conduct a 30$ an hour minimum wage social experiment.
You like the idea?
ok doser
lifeguard at the cement pond
let's say i run a lawn care service
last summer, i hired three college students in the summer at $10 an hour to cut grass, run weed-whackers and blowers, etc
bump that minimum wage up to $30/hour and what does that do to my business?
do i hire a single student and expect him to do the work that three did last year?
do i hire three students and expect my customers to pay three times as much?
last summer, i hired three college students in the summer at $10 an hour to cut grass, run weed-whackers and blowers, etc
bump that minimum wage up to $30/hour and what does that do to my business?
do i hire a single student and expect him to do the work that three did last year?
do i hire three students and expect my customers to pay three times as much?
How much were you charging for lawn care before?
Ask Trump for a bail out.
ok doser
lifeguard at the cement pond
enough to support my family and the costs of running the business
Ah, so you're not going to have to triple the cost?
I didn't say you wouldn't have to pass some of it along. I'm saying it won't be triple.
Lets not. I don't think most people run businesses as charities.
Then get off the computer and get behind a mower! :idea:
ok doser
lifeguard at the cement pond
ok, how much of my costs should i attribute to labor?
and how should i cover those increased costs when the labor cost is tripled?
Maybe half. Assuming you're a full-time manager, you have to pay labor, yourself, your gas, your equipment maintenance, and taxes.
Some combination of raising prices and cutting your own take-home.
ok doser
lifeguard at the cement pond
let's say i'm just starting out (i'm not a full time manager, i'm a working manager) and my take-home is barely covering my living expenses - every bit of profit is going into maintaining the business
if i cut my take-home, the business fails
how much of a price increase can i expect my customers to bear?
:baby:
Work harder...on volume. Do more work with little or nothing to show for it...then wake up and do it again, and again.
Pick yourself up by your boot-straps.
What are you a lazy, whiny liberal?!