Restaurants keeping a portion of server's tips

Anthony said:
I meant "here" as in the U.S., not this website. If you believe in government mandating wages, that is more akin to being in China, Cuba, or Venezuela. We live in a highly regulated capitalist society. We don't need to force more businesses out of businesses due to aritificially high wage rates.

You totally misunderstood what I was trying to say, and/or maybe I did not articulate myself the first time. If so, sorry about that.

Everyone is welcome here. Well almost everyone. :D
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:( Many years ago in Atlanta there was a chain of convenience stores owned and operated by Dillard Munford. Every time there was talk of an increase in the minimum wage he would rant on local TV and radio about how this was going to cause him to lay-off people because he just couldn't afford to pay them more money. Now this man's stores were seldom manned by more than one person per shift and thus he'd have to close the store if he eliminated any employees. The stores were filthy and generally located in "less desirable" neighborhoods. He did eventually go out of business by selling his chain to, IIRC, 7-11 stores who cleaned up the locations that had some reasonable prospects and closed others.

Bottom line is that a business hires people if they need them and adjusts their prices to make whatever they want to make. After all, when utility prices go up they just pay the increase. We don't hear much lip service about how ever increasing utility costs are putting them out of business. Minimum wage applies equally to their competitors so I don't see any problem.

BTW the minimum wage has not kept up with inflation. Minimum wage employees in past decades were better off then than now. As a mitigating factor for some of those folks is the fact that some states mandate a higher minimum wage than the Fed.

:mad2:
 
Gmaper said:
:( Many years ago in Atlanta there was a chain of convenience stores owned and operated by Dillard Munford. Every time there was talk of an increase in the minimum wage he would rant on local TV and radio about how this was going to cause him to lay-off people because he just couldn't afford to pay them more money. Now this man's stores were seldom manned by more than one person per shift and thus he'd have to close the store if he eliminated any employees. The stores were filthy and generally located in "less desirable" neighborhoods. He did eventually go out of business by selling his chain to, IIRC, 7-11 stores who cleaned up the locations that had some reasonable prospects and closed others.

Bottom line is that a business hires people if they need them and adjusts their prices to make whatever they want to make. After all, when utility prices go up they just pay the increase. We don't hear much lip service about how ever increasing utility costs are putting them out of business. Minimum wage applies equally to their competitors so I don't see any problem.

BTW the minimum wage has not kept up with inflation. Minimum wage employees in past decades were better off then than now. As a mitigating factor for some of those folks is the fact that some states mandate a higher minimum wage than the Fed.

:mad2:
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+1

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Minimum wage is a humorous distraction; raising it most certainly does cost jobs, because the only people being paid minimum wage are those who are simply not worth more, and usually, are worth less (not "worthless," although there are people to whom that badge is well-suited).

My clients are in the commercial construction trades. The lowest-skilled of these, the most common laborer's position, your most basic "show-up, fog-a-mirror, strong-back" stuff, pay well in excess of minimum wage, because there is no one willing to work at minimum wage. Market at work.

Of course, these days, there are huge swathes of the populace who, notwithstanding common rhetoric, are simply not interested in taking a job which involves meaningful work, the exertion of physical effort, the offense of being expected to show up on a regular and reasonably timely basis.

We reap that which we sow, and we have sown massive fields of disinterested, entitlement-minded drones. Fear for the republic, for grave peril is here.
 
For right or wrong, people are a commodity. Their labor is worth what the market will bear. Artificial wage rates, do the same damage as artificial price controls on products. Both are devastating to the economy.

I think machine parts cost too much, so the government should control prices for those products. Because those machine parts cost so much, I can't make a "living" wage when I use them for my business. What happens next?
 
SCCutler said:
Minimum wage is a humorous distraction; raising it most certainly does cost jobs, because the only people being paid minimum wage are those who are simply not worth more, and usually, are worth less (not "worthless," although there are people to whom that badge is well-suited).

My clients are in the commercial construction trades. The lowest-skilled of these, the most common laborer's position, your most basic "show-up, fog-a-mirror, strong-back" stuff, pay well in excess of minimum wage, because there is no one willing to work at minimum wage. Market at work.

Of course, these days, there are huge swathes of the populace who, notwithstanding common rhetoric, are simply not interested in taking a job which involves meaningful work, the exertion of physical effort, the offense of being expected to show up on a regular and reasonably timely basis.

We reap that which we sow, and we have sown massive fields of disinterested, entitlement-minded drones. Fear for the republic, for grave peril is here.
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I bet the number of people desperate to find a job (especially one that will pay above starvation wages) VASTLY outnumbers the people who desperately wish to never find a job.
 
That is half our problem.. there are too many managers, salesmen, middle-men, beaurocrats, lawyers, paper pushers, and not enough in any kind of meaningful production. Yes many of those jobs I listed are 'necessary evils' but they should represent a very small portion. 99% of college grads all blew too much of daddy's money on the same MBA that all his friends and neighbors got but there aren't any factories in this country to run. Import everything, sure its cheap at first but then the dollar starts sliding while the 3rd world upgrades to wanting what we got and having better means to achieve it than us. Maybe its time America just got their hands dirty.

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p1l0t said:
That is half our problem.. there are too many managers, salesmen, middle-men, beaurocrats, lawyers, paper pushers, and not enough in any kind of meaningful production. Yes many of those jobs I listed are 'necessary evils' but they should represent a very small portion. 99% of college grads all blew too much of daddy's money on the same MBA that all his friends and neighbors got but there aren't any factories in this country to run. Import everything, sure its cheap at first but then the dollar starts sliding while the 3rd world upgrades to wanting what we got and having better means to achieve it than us. Maybe its time America just got their hands dirty.

<---<^>--->
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:idea::idea::idea::idea::yesnod:
 
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