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View Diary: Raising the minimum wage: The right thing to do, and a winning issue, too. (135 comments)

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  •  no one is speaking of forcing people to hire (0+ / 0-)

    unqualified workers.  That was not the question.

    I'll ask the question again----> since companies who pay minimum wage NOW are making a profit at it, why do we need to lower the minimum wage in order for them to make a profit?

    Or is this just a matter of greedy bastards who want to make even MORE profit?

    •  I am not "forced"... (0+ / 0-)

      ...to hire an unqualified worker.

      Minimum wage law prevents me from hiring the unqualified worker.

      I would take a chance on an unqualified 19-year-old if I could legally pay him $5/hr. But that is illegal. So the 19-year-old remains unemployed.

      •  and once again you miss the point utterly (1+ / 0-)
        Recommended by:
        sethtriggs

        The 19-year old doesn't matter.  The person you hire instead of him (at minimum wage) does.

        If you are making profit from him at minimum wage, why do you need to lower his wage in order to make profit.

        It's a simple question.

        I get that you'd rather hire someone else for cheaper (and you think being 19 is a good excuse for you to hire him cheaper so you make more money--after all, McDonald's doesn't seem to have any problem making a profit by paying its 19-year olds minimum-wage but they are constantly weeping that they shouldn't have to).  Indeed, if you could get a slave to do the work free, you'd rather do that (as would McDonald's.)

        That wasn't the question.

        •  The person I currently... (0+ / 0-)

          ...hire makes more than minimum wage. That is the skilled painter I mentioned.

          But suppose I was paying my skilled painter minimum wage (lucky me). If the minimum wage law is repealed, I can't just cut his wages. If I do, he will refuse to work.

          I get that you'd rather hire someone else for cheaper (and you think being 19 is a good excuse for you to hire him cheaper so you make more money...
          No, I don't make more money. Read my post. I pay the 19-year-old less, but his work is less valuable. For me, it's a wash. (Literally, "a wash". I have to clean up the paint spills).
          Indeed, if you could get a slave to do the work free, you'd rather do that (as would McDonald's.)
          This statement is just insulting.
          •  what I find insulting is (1+ / 0-)
            Recommended by:
            sethtriggs

            the idea that particular people don't deserve a living wage.

            But you've still not answered my question, and still gone off on irrelevant side paths.

            If a company is making a profit by paying someone minimum wage, then why do we need to lower minimum wage for them to make a profit?

            •  I will try again. (0+ / 0-)
              If a company is making a profit by paying someone minimum wage, then why do we need to lower minimum wage for them to make a profit?
              Let's say the minimum wage is $10. If so, I am going to hire all the people who meet two conditions:

              1) They are willing to work for $10.
              2) They are able to add $10 worth of value.

              Once all those guys are hired, my business cannot expand any more. I can't hire people who don't want to work, and I can't pay people $10 for $9 worth of labor. I'm stuck.

              If you lower the minimum wage to $4, I can hire more people. I can now hire (in addition to my current workforce) all the people who also:

              1) Are willing to work for $4.00 -$9.99
              2) Are able to create $4.00 - $9.99 worth of value.

              This DECREASES UNEMPLOYMENT. This is good, right?

              The problem is that $4 is not enough to live on. So we need to hand out benefits to poor workers so they can live. The best place to get the money for this is by taxing the business owners.

              •  and you have still not answered the question (0+ / 0-)

                I already understand that McDonalds and others would LIKE to pay their employees even less than the minimum wage and would be happy for taxpayers to pay their workers instead of themselves (though of course they don't give a flying fuck about "reducing unemployment--they just want to get more profit per employee).

                The question remains, though, if McDonalds and every other company is already making a profit by paying people minimum wage, then why do we need to lower minimum wage for them to make a profit?

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