re: Waffle House workers are the latest group to strike, requesting $25 per hour

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Have you ever managed a restaurant? They hire out of the fricking halfway houses and replace employees monthly if not weekly.

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Has no bearing on the fact that if they are not covering the costs of their employees production they are being subsidized. Your halfway house is fine damn example of what I am talking about...that employer is relying on the taxpayer to store their employee while they are not producing. Are you as willing to store that employers back hoe and dump truck when it is not producing on your dime? Of course you aren't, because even filled with hate as you are you can't wrap your head around hating a back hoe and a dump truck, but a person??? Oh yeah...hate that motherfricker for sure. Hate that person so bad that you are willing to reach into your fricking wallet and pay for their storage at the halfway house instead of insisting that their employer pay for their storage so you can feel good about that poor bastard at the halfway house suffering. That is some sick shite going on but it is not unusual...

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Link?

I gotta see this.

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I have read your shite for a while and I know you are deranged beyond hope. If you are truly interested in seeing where you have been supporting corporate welfare all you need to do is read your meanderings in this thread...just this one, never mind any of the others.

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Stop supporting food stamps and welfare, boom.

Whats the tradeoff to higher wages? Lets hear your very short answer.

Is it increased cost or less profit?

What are the issues with both?

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It is neither my friend. The costs of production remain the same no matter who is paying them. There could be a slight reduction in costs and a rise in profitability as social spending goes down and taxes follow. There is also the inherent inefficiencies in government that would be eliminated if employers paid the full cost of their employees production...that might make a significant difference in lower prices and higher profits. There are no free lunches...the cost of production is constant, the variable is in who foots the bill.

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The costs of production remain the same no matter who is paying them.

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You have a very Marxist view of economics which is fitting, since Marx was a begger who never formally studied economics and lived off the labor of others.

Lets see your link. You have yet to back up any of your asinine comments.

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Youre a fricking liar, you have no clue what youre talking about and are flinging shite to cover for your lack of formal education

Lets see your links and proof, liar.

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Proof

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The chief benficiaries of each are low wage employers like walmart and mcdonalds

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The Great Society helped created Walmart et al and kept wages from rising.

Good job Democrats. Open borders and welfare have doomed wages.

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EarlyCuyler3

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Oh frick. This thread just got dumber. I am going to hit golf balls.

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I just want to make sure you are emphatically stating that production costs are a fixed cost that does not vary

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No my friend of course that is not the case...what is categorically the case is the cost of production does not vary based on who is footing it....it remains constant in that sense and that sense alone. If It costs me $10 to produce a widget and $5 of that is labor and you are forced to pay $2 of that and I pay $3 the production costs have remained $10, the labor costs have remained $5, no matter if somehow you are forced to pay the whole labor cost or I am...

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No my friend of course that is not the case...what is categorically the case is the cost of production does not vary based on who is footing it....it remains constant in that sense and that sense alone. If It costs me $10 to produce a widget and $5 of that is labor and you are forced to pay $2 of that and I pay $3 the production costs have remained $10, the labor costs have remained $5, no matter if somehow you are forced to pay the whole labor cost or I am...

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And you think doubling the labor cost will have no effect on production cost?

And if that did affect production cost, you think the business is just going to eat that cost?

What fantasy world do you live on?

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We are not discussing wages my friend we are discussing production costs. That is the problem, you can't keep up with the conversation. Wages are what one is paid to produce. Production costs are what it costs one to produce. The difference is not remotely subtle it is stark....

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Production costs refer to the costs a company incurs from manufacturing a product or providing a service that generates revenue for the company. Production costs can include a variety of expenses, such as labor, raw materials, consumable manufacturing supplies, and general overhead.

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What are Production Costs?

Production costs are those costs incurred when a business manufactures goods. The three main categories of costs that comprise production costs are noted below. Once these costs are incurred, they are assigned to units produced, and then charged to the cost of goods sold once the goods are sold.

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production cost
noun
: the combined total of raw material and direct labor costs and burden incurred in production

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