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Topic: State of the Union speech< Next Oldest | Next Newest >
 Post Number: 31
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PostIcon Posted on: Jan. 29 2014,4:53 am  Skip to the next post in this topic. Ignore posts   QUOTE


(Moparman @ Jan. 29 2014,2:52 am)
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(Self-Banished @ Jan. 28 2014,5:46 pm)
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That is probably the most out of touch unrealistic article ever written. No idiot could possibly think these numbers or the advice given would work in the real world. It should titled "How to Maybe,Barely Exist on Minimum Wage".

Good grief, they even recommend for one to go ON government assistance!

Maybe they should have added, robbing a liquor store, making meth, selling a kidney, or prostituting yourself. These things all make about as much sense. :rofl:

Bottom line: Current minimum wage= Corporate welfare. Pure and simple.

When I was first out of school I had roommates, no car but I made a little more than minimum. I had a bike and extra money to burn because I had a full time job plus two part time jobs. It can be done.

As far as your other suggestions? I didn't have to because I wasn't a dumbass and go out a knock up some trailer park queen.

Prostitution? Nope, that's union people.


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PostIcon Posted on: Jan. 29 2014,4:58 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE


(grassman @ Jan. 28 2014,9:29 pm)
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(Santorini @ Jan. 28 2014,8:18 pm)
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Wow...he's obvious...did ya see his greet to Eric Cantor!!

He didn't kick him in the nads, did he. I would! After I b!tch slapped his pompous face. Just kidding! :blush:

Why not? Maybe we should have a few slobberknockers. I bet we wouldn't have so many lawyers in there.

Brock Lesnar for senate. :thumbsup:


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PostIcon Posted on: Jan. 29 2014,9:03 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

I talked with some state reps on this last Aug. It really doesnt matter  what the wage is if people are not looking for jobs. Many companies in the area offer a starting wage higher then 10.50/hr and yet nobody is knocking the doors down to apply. I was at an hiring event a few days ago. I was there for 5 hours and had 6 people come in. 1 I had let go from a different job. 1 who showed up for 1 day and never came back, 1 who could not read or write or even interview, but was able to answer her phone 4 times during the interview process. This is pretty much the norm. 50% might make it to the next step of the hiring process. Then comes the drugscreen, I'll lose 1 there so maybe 2 out of that 6 have a shot. Many times I have offered someone a position and they turn it down stating they'll just stay on the Presidents vacation. When we make the system nicer then it is to work we have an issue, and kids... We have an issue.
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PostIcon Posted on: Jan. 29 2014,9:30 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

The government jumps in and specifies the minimum price for gasoline and cigarettes, and nobody bats an eyelash. Why all the furor over minimum wage?

It should be no less than $10.00 per hour.


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PostIcon Posted on: Jan. 29 2014,10:07 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE


(Memphis @ Jan. 29 2014,9:03 am)
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I talked with some state reps on this last Aug. It really doesnt matter  what the wage is if people are not looking for jobs. Many companies in the area offer a starting wage higher then 10.50/hr and yet nobody is knocking the doors down to apply. I was at an hiring event a few days ago. I was there for 5 hours and had 6 people come in. 1 I had let go from a different job. 1 who showed up for 1 day and never came back, 1 who could not read or write or even interview, but was able to answer her phone 4 times during the interview process. This is pretty much the norm. 50% might make it to the next step of the hiring process. Then comes the drugscreen, I'll lose 1 there so maybe 2 out of that 6 have a shot. Many times I have offered someone a position and they turn it down stating they'll just stay on the Presidents vacation. When we make the system nicer then it is to work we have an issue, and kids... We have an issue.

If they turn down a job that is close to what they used to make, they have to take it or lose their benefits. Turn them in.

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PostIcon Posted on: Jan. 29 2014,10:25 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

I have, and when I asked the reps and the UI office on the procedure to do this, none of them had a clue if they even had a procedure. So when the people who make the laws and hand out UI have no clue how to manage it. We have an issue. The one rep was amazed that this type of abuse is happening. As another HR manager behind me said" come on, its been going on for years".
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PostIcon Posted on: Jan. 29 2014,10:37 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE


(Botto 82 @ Jan. 29 2014,9:30 am)
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The government jumps in and specifies the minimum price for gasoline and cigarettes, and nobody bats an eyelash. Why all the furor over minimum wage?

It should be no less than $10.00 per hour.

I'm not so sure the gov't sets the price of gas.  There are taxes that technically set the minimum.  Plus MN has a law that says retailers cannot sell gas below a certain percentage/price below cost.
This was to keep large retailer from pricing out the smaller stores.  Been on the books since the 30s as I recall.  But then again my memory isn't what it used to be.


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PostIcon Posted on: Jan. 29 2014,10:51 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

NEW YORK (CNNMoney)

Tom Perkins says the rich are "threatened."

The tech venture capitalist initially compared the assault on the wealthy to a wave of Nazi attacks on Jews ahead of the Holocaust, in a letter this past weekend. He has since allowed that the comparison went too far, but he doesn't apologize for the overall message and his warning about anti-rich "radicalism."
The rich are under attack, says Perkins in a Bloomberg interview, by "higher taxes, higher regulation and so forth." He added: "We are beginning to engage in class warfare."

The sentiment is not new (and neither are the Hitler references).

First came Steve Schwarzman of the Blackstone Group in 2010. There had been a proposal to raise the tax rate on some big investors, and Schwarzman compared the idea to "Hitler invading Poland in 1939."
Former GE CEO Jack Welch has written about efforts to "demonize" business.

But here are some facts about how the rich are doing:

1) Income for the rich is way up.

Income for the top 1% grew an estimated 31.4% from 2009 to 2012. The bottom 99% saw a gain of 0.4%.

2) The stock market is way up

The Dow has roughly doubled since January 2009. The middle class benefit somewhat from the gains, but it's the rich that benefit the most.

3) Tax rates on the rich are not way up

The rich have undoubtedly been subject to a fair amount of tax hikes recently.

Households with income above $250,000 will pay a 0.9% surtax for Medicare, plus an additional 3.8% on at least some of their investment income. Some of their deductions have also been reduced.

Households making above $400,000 ($450,000 if married) now pay a top income tax rate of 39.6%, up from 35% under Bush, but the same as during the Clinton years.

Those same high earners have to pay 20% on dividends and capital gains, up from 15%.

Meanwhile, the exemption on the federal estate tax stands at a generous $5 million per person.



But the rich crying class warfare need to think about what could have been if the far left had their way:

Nationalizing the banks: If that had happened, JP Morgan CEO Jamie Dimon would not have just gotten a $20 million payday.

Dividends taxed at ordinary income rates: That would have meant a rate of 39.6%, which would have hit wealthy investors much harder than the current structure.

Higher carried interest tax rates for private equity investors: This is the tax Schwarzman was worried about. Some fees paid to investment managers are taxed as investments, but many think their fees are just ordinary income and should be taxed at the much higher income rates.

The "Buffett Rule:" That would have ensured that millionaires paid a minimum of 30% of their taxable income to the federal government. Fact is, even with the increase in the top tax rate, most wealthy people pay an "effective rate" of far less.


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PostIcon Posted on: Jan. 29 2014,12:49 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE


(Memphis @ Jan. 29 2014,9:03 am)
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I talked with some state reps on this last Aug. It really doesnt matter  what the wage is if people are not looking for jobs. Many companies in the area offer a starting wage higher then 10.50/hr and yet nobody is knocking the doors down to apply.

You're not paying enough, the old saying "if you pay peanuts, you get monkeys" is still as true as ever.

I hear plenty complain about "people these days, entitlement attitude", etc.  Then you ask what they pay.  Often the ones who complain the loudest answer that they start at minimum wage, maybe $8 or $9 an hour with no benefits.  You pay peanuts, you get monkeys...


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PostIcon Posted on: Jan. 29 2014,12:54 pm Skip to the previous post in this topic.  Ignore posts   QUOTE


(Botto 82 @ Jan. 29 2014,9:30 am)
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The government jumps in and specifies the minimum price for gasoline and cigarettes, and nobody bats an eyelash. Why all the furor over minimum wage?

It should be no less than $10.00 per hour.

You are thinking of overburden-some regulations.
The govt does not set the price of tobacco nor gasoline, both are set by the market, some states have laws on the books as to what percentage of said market price that gasoline shall be set at, I have never seen a mandated regulated percentage price for tobacco.

Flipping burgers / paper delivery, etc.,  is now worth $10.00 /hr?  Unskilled labor is to be treated as skilled labor now?


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