12/06/2023: Localization News - Tengai Makyou/Far East of Eden: Ziria!!!
Quote from: guest on 06/26/2017, 06:55 PMActually no you haven't.Quote from: guest on 06/26/2017, 06:31 PMI agree. Post the numbers that prove corporations can't afford to pay their employees a living wage.Well I think I've posted more numerical logic than anyone else.
Quote from: Johnpv on 06/26/2017, 01:04 PMThe fact of the matter is that minimum wage isn't what it used to be. It hasn't adjusted with inflation, hell most people's salaries haven't adjusted with inflation. The best minimum wage has ever been was in the 1960s when it had a purchasing power around 11.50 today (1968's minimum wage of $1.60 adjust for inflation is $11.48). I mean you guys get that effectively people working these jobs are making SIGNIFICANTLY less money than people doing those jobs in 1968.How can CEOs and business not go out of business in other Countries without paying their CEOS 350X the average worker's, but American companies can't afford that?
While fast food jobs or say custodial work isn't ideal or highly skilled, the people who work those jobs still deserve to make a wage they can live on. The fact of the matter is that a nation can't survive on just white collar jobs, and people need to be doing the menial crappy jobs. Paying these people a livable wage isn't going to cause McDonalds or any of these other places to go out of business. They can absolutely afford to do so, they just need to stop treating these companies like their CEOs personally piggy bank.
I don't know if this image will show up being from the washington post but here's the link to it if not. https://img.washingtonpost.com/wp-apps/imrs.php?src=https://img.washingtonpost.com/blogs/wonkblog/files/2014/09/It-pays-to-be-a-CEO-in-the-U-S-The-ratio-between-CEO-and-average-worker-pay_chartbuilder.png&w=1484
*EDIT* I should note that data is from 2014, and the ratio is only going up in the US, last I heard I think it was around 400x now.
It's absolutely ridiculous the CEO to average worker Ratio in the US. It is unlike any other first world nation and is more inline with a 3rd world nation.
The life blood of any nation is the middle class, and we should be doing what ever we can to protect it, to raise as many people out of the poor and lower classes into the middle class. Paying people a livable minimum wage is a giant first step towards that.
I don't think this is entitlement or anything of the sort, its just people wanting a fair pay for a days work.
Besides, trickle down economics DOESN'T WORK. Money doesn't flow down stream, it never has. Giving a CEO, 3 VPs, and some other higher management hundreds of millions of dollars in bonuses does nothing, that money doesn't go back into the economy. Giving the working class, 7 bucks more an hour instead would see our economy blossom. Because the majority of it would be spent. You need to give the middle class money to spend it, to keep the economy happy and growing. But the CEOs of American business are too fucking greedy to see or understand this. Instead they're just slowly pushing us into collapse.