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Message
re: Waffle House workers are the latest group to strike, requesting $25 per hour
Posted on 10/3/23 at 1:53 pm to RogerTheShrubber
Posted on 10/3/23 at 1:53 pm to RogerTheShrubber
quote:
You can't understand 1/10th of what he said.
You can't explain how he's wrong without hurling insults
Posted on 10/3/23 at 1:54 pm to Deactived
quote:
Yea and he isnt there for your security. Giving a cop a free meal and having him there for 15 minutes isnt 'security'.
I know a guy that owns a caffe in a sketchy part of town.
this what he does.
just their spotty presence has drastically cut down on any incidents on his property.
Posted on 10/3/23 at 1:55 pm to Nutriaitch
quote:
just their spotty presence has drastically cut down on any incidents on his property.
This is how retail does it during the holidays. You dont' need a constant presence, just random cop cars in the parking lot from time to time.
Posted on 10/3/23 at 1:56 pm to RogerTheShrubber
quote:
I've informed you throughout this thread what the economic tradeoffs are,
I know, and I don't buy your simplistic and assumption filled analysis. AwgustaDawg seems to have job a much better job of accounting for all the different economic forces in play.
quote:
I believe the Dunning Kruger effect is being perfectly illustrated by yourself.
Couldn't do it, could you? You won't in the next post either. You can't open your mouth without spewing insults.
And I fully admit to not knowing a whole lot about economics, so that's not really what the Dunning Kruger effect is, is it? I'm here to learn. So far I've learned zero from you and that ain't the case with AwgustaDawg or even some of the other right wing posters.
This post was edited on 10/3/23 at 1:58 pm
Posted on 10/3/23 at 1:57 pm to SpidermanTUba
quote:
SpidermanTUba
you don't even know what you are arguing at this point. admit it
Posted on 10/3/23 at 1:58 pm to SpidermanTUba
quote:
I don't buy your simplistic and assumption filled analysis.
Right. Academic facts are hard for simpletons to accept.
Your "education" failed you.
Posted on 10/3/23 at 1:59 pm to SpidermanTUba
quote:Then you are in way over your head in this conversation.
And I fully admit to not knowing a whole lot about economics,
Posted on 10/3/23 at 2:00 pm to RogerTheShrubber
quote:
Stop individual and corporate welfare immediately.
Boom
Finally, you have admitted that you were wrong all along. Guess what? Low wages drive individual welfare my friend...all public assistance in the US has some income aspect to it...to be eligible you must be employed. As income goes up eligibility goes down. Without welfare neither the worker could afford to work for less than their production cost and the employer would not be able to hire anyone for less than their production cost. Workers insisting on wages that reflect their production costs, which you have voiced opposition to, are workers who will no longer be on the dole. How that is bad thing is beyond me.
Posted on 10/3/23 at 2:01 pm to AwgustaDawg
quote:
Finally, you have admitted that you were wrong all along.
Youre dumber than I thought and that's damn near impossible.
I've always been anti welfare for able bodied persons and all corporations, Che.
Posted on 10/3/23 at 2:03 pm to RogerTheShrubber
He has also stated that labor cost does not impact product pricing.
Posted on 10/3/23 at 2:04 pm to RogerTheShrubber
quote:
These people are easily replaceable
Except the reality of today show they are nor easily replaced. The government of my shithole Republican state just commissioned a study to figure put why labor participation rate is at an all time low of 59%.
Posted on 10/3/23 at 2:06 pm to TDTOM
quote:
He has also stated that labor cost does not impact product pricing.
Hes wishcasting and pushing it off as truth.
The impact on your pricing depends totally on the percentage of labor in your product. If labor is a small part, then you don't need to increase much if at all. If labor is all of your business, then it affects pricing nearly 100%.
This will put Waffle House at a competitive disadvantage to competitors, there is no way they can either absorb the cost, or pass it on and still be competitive.
Posted on 10/3/23 at 2:07 pm to RogerTheShrubber
quote:
These people are easily replaceable and have no real market value.
Do you know how to change that? You do it with opportunity, not arbitrary wages.
If they are easily replaceable their employer is dumber than a sack of hammers for having them employed. Are you suggesting that WalMart keeps people employed out of the goodness of WalMart's heart? I would posit this, someone would come along and put WalMart out of business in no time if that were the case. Any business which could reduce labor costs but has not is a business which is being mismanaged in just about the worst way possible.
I agree COMPLETELY that arbitrary wages are an idiotic idea. Low or high there is no function for them. All that matters is what it costs an employee to produce IF your business relies on employees to produce your goods or services. If you can find employees who can produce for you for $.50 an hour and they are not costing me a red penny unless I do business with you and they willing to work for that god bless both of you! If, however, your paying them $.50 an hour costs me a red penny even when I do not do business with you, as is the case today with low wage employers, then you are a welfare recipient who is a parasite dependent on others for your own survival. Thats what WalMart and McDonalds does...
Posted on 10/3/23 at 2:09 pm to TDTOM
quote:
He has also stated that labor cost does not impact product pricing.
Categorically correct and any economic or business theory will support that statement. Production costs have no bearing on market prices in any accepted economic theory, class, or anywhere else except in the convoluted minds of people who ought to know better who think if production costs go up market prices go up.
Posted on 10/3/23 at 2:10 pm to AwgustaDawg
quote:
If they are easily replaceable their employer is dumber than a sack of hammers for having them employed
Have you ever managed a restaurant? They hire out of the fricking halfway houses and replace employees monthly if not weekly.
Posted on 10/3/23 at 2:10 pm to RogerTheShrubber
quote:
Then you are in way over your head in this conversation.
You've got serious self-image problems. Get help.
Posted on 10/3/23 at 2:10 pm to RogerTheShrubber
quote:
Youre dumber than I thought and that's damn near impossible.
I've always been anti welfare for able bodied persons and all corporations, Che.
The only welfare you have supported here today is corporate welfare. You are all in on that if it means your big mac is affordable.
Posted on 10/3/23 at 2:11 pm to AwgustaDawg
quote:
The only welfare you have supported here today is corporate welfare
Link?
I gotta see this.
Posted on 10/3/23 at 2:11 pm to AwgustaDawg
quote:
.production costs have no impact on market price.
This might be the dumbest thing posted in this thread.
quote:
Production costs have nothing at all to do with market price or market value. If your business model relies on labor it is incumbent upon you to control those costs and, unless you are a welfare recipient like WalMart and McDonalds and other low wage employers it is your responsibility to ensure your employes production costs are covered by you and you alone with no help from taxpayers. If you are a welfare queen like WalMart and McDonalds you can rely on the lowest forms of hate filled scum in the United States to defend your tax dollar stealing ways because they are filled with hate and have fricked their own lives up to a point that they are no longer capable of the truth or reason.
I take it back. THIS is the dumbest thing in this thread.
Posted on 10/3/23 at 2:12 pm to LNCHBOX
quote:
production costs have no impact on market price.
This might be the dumbest thing posted in this thread.
Yep, this is first grade understanding of economics. This dude is a frickin fraud.
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