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$15 Minimum Wage Hike Causes Shop to Sell $30 Pizzas, Sales Plummet

#45

Quote:Here's how I see it...  From a small business / middle class worker point of view...

 

The number 1 employer in the USA is Walmart (I heard this on some news show).  Walmart imports most of the goods from overseas in order to keep thier costs low.  They also have economies of scale, so when they purchase thier goods for sale, they get a discount that a smaller business could not get...  So they have driven their costs down, and have in essence driven out small business competitiors.  The only people that can compete with Walmart's prices are the other big chains (Target, Costco, ETC)...  

 

To exaserbate this, we have move to becoming a service based economy, we really don't manufacture that much, except for war materials...  So we have no high paying manufacturing jobs available to workes.  And even in the service based economy, the major players are generally large conglomerated corporations.  So based on our economic policies of little regulation
and free trade agreements we've helped the big businesses at the expense of small businesses and middle class workers.

 

It's time to level the playing field.  It's time to put in some rules that even's the costs that small businesses cannot compete with.  

 

I got to get ready for the day...  But it's something I'm thinking about in regards to the minimum wage.  Consider this:  A minimum wage that only affects the consolidated corporations that are traded publicly but does not affect small businesses could potentially help level the playing field and allow small businesses to compete...  

 

At the end of the day, small businesses are would will help our economy.  If we concede that manufacturing is never coming back, we should begin to figure out a way to ensure we as educated and skilled middle class workers are not having our wages stagnate.  And we should also come up with solutions the level the playing field so that markets are not dominated and taken over by only a few corporations that own all the market share.
 

Believe it or not, you do make a point in a way that is a conservative point of view.  the only part that I disagree with is the part in red.  Regulation more than anything is what hurts small business.  I just read Carly Fiorina's Book Rising to the Challenge: My Leadership Journey.  Here is a quote from the book.

 

Quote: 

Bureaucracies crush human potential, but they do not do so equally. I know firsthand that the rules and regulations churned out by bureaucracies like the EPA and the IRS are relatively easy for big businesses to handle. Big corporations have the lawyers and the accountants to cut through the red tape. It’s the small businesses whose potential is crushed. They can’t afford to jump through all the hoops that bureaucracy creates, and that suits big business just fine. More regulations and more complex taxes mean less competition for them. One of the greatest fictions ever peddled by politicians is that big government is necessary to fight big business. In fact, the opposite is true. Big business and big government are mutually reinforcing. They need each other, and they know it. There’s a reason why six of the wealthiest counties in America are directly adjacent to Washington, D.C. Big business pays big money for lobbyists to influence big government.



There are 10 kinds of people in this world.  Those who understand binary and those who don't.
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$15 Minimum Wage Hike Causes Shop to Sell $30 Pizzas, Sales Plummet - by jagibelieve - 08-20-2015, 03:23 PM



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