Author Topic: Does Our Media Work For The People ?  (Read 340254 times)

0 Members and 2 Guests are viewing this topic.

Offline Lady luck

  • Hero Member
  • *****
  • Posts: 22628
  • Karma +0/-2
Re: Does Our Media Work For The People?
« Reply #1872 on: August 13, 2019, 08:22:01 pm »
See Jackie, even a blind squirrel finds a nut occasionally!

In the above example, this minor child is still a "dependent" on his father's tax return. He is being paid $0 .25 above Federally established minimum wage.  Any state, can provide a higher minimum wage but cannot pay any given employee less-than $7.25 per hour. Please note: when I first punched a clock, the Federal minimum wage was $1.80 per hour! So do the math, $1.80 in 1972 to $7.25 in 2019, what 8s the increase and how does that flow, against cost of living index?  Note to, tipped employees, wage per hour is substantially less, than $7.25 per hour, $2. and change.

The basic supply/demand rule, holds true here. If unemployment continues it downward trend and it will, thanks to Trump. Wage and hour employers will began competing for employees. Employers will be forced to offer employees, more money per hour, incentive packages, vacation time, flexible work hours etc... to lure desirable people! It's a win, win situation! Additionally, when unemployment reaches about 3 to 4%, its bottomed out. In other words that pecentage of the available workforce, will never get a job!

Artificially setting the minimum wage, say to $15.00 per hour, has disastrous effects for both the employee and employer. Generally speaking, people will not pay $10.00 for a BigMack, demand drops and said business closes. The supply/demand rule is the heart of free-enterprise, it cannot be ignored. Remember this old adage: Appeal to the masses and eat with the classes!

Ps. If she were smart, she would tell her son to clean the server's tables first, who tip him!  Suppy/demand...
He can't clean the server's table first as he gets paid an hour and they don't so he doesn't care about tips being split to him. He cleans the tables he is told or assigned and there are no server's tables is this or that. You really do show your stupidity.  By the way, even though he is claimed on our taxes not just my husband's  but ours as we do have joint tax statements he also does a tax return also.
You continue to show your ignorance as in 1972, federal minimum wage was $1.60.