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Political Discussion
Reply to "Help me understand the impact of a $15 minimum wage? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote]I'm sorry you find having to pay your employees a living wage so confounding.[/quote] Telling that you assume that anyone arguing for the business owner is a business owner. Far from it. My dad started a business that didn't succeed. He paid his employees when he was not paying himself. He sold the business to someone who had the capital to invest. Because of capital, the business became successful. Took dad years to get back on his feet financially. It was his dream, and it didn't work out for him. But, that is why I know how hard starting a business can be. Spouse and I have only worked for others. I never had any desire to start a business--I know how hard it is to make a buck. You obviously do not.[/quote] I actually am a business owner. And I don't have any employees yet, [b]because I wouldn't be able to pay them what I feel is fair.[/b] Instead I do a lot of the work myself, and I hire contractors for specific tasks within projects. The business owner is not entitled to the success that comes from building a business AT THE EXPENSE of paying their employees a living wage. I really don't understand why that's so hard for you to grasp. [/quote] What an asinine way of looking at employee expenses. The real reason you don't have employees is that your business is not demanding enough to the point where the marginal value of your time is high enough to justify the expense of an employee. When you offer to pay someone a market wage, and he/she accepts, you are not building your business at the expense of that employee. He/she is not producing any excess economic value that you are not paying for. If the employee is not productive enough to earn a "living wage", that is not because you somehow cheated or swindled him/her. By this same token, you think your customers care whether your business is generating a "living wage" for you? They don't. They pay for your products/services based on how much value they derive from your product/services, and the availability of alternatives on the market. It doesn't surprise me that you have failed to grasp these fundamental ideas of how capitalism works within a liberal society, given the modest size of your business. [/quote]
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