Should HUGE companies be forced to pay a living wage?

[davew]

Some of the richest people in the world are in charge of HUGE companies that have many employees. Some of these pay so low to most of their workers that these employees are eligible and receive food stamps, housing assistance, medicaide, ....


I am talking about the likes of Amazon, Walmart, Uber, ...



Bernie Sanders feels these companies should be charges for their employee 'government assistance'. What do you think?

[fast4522]

Make no mistake, its Bernie Sanders against President Donald J. Trump in November. Watch the whole video davew, if you do you will know how the year ends.

YouTube

[JustRalph]

The market sets wage rates. Plain and simple.

[horses4courses]

[newtothegame]

Originally Posted by horses4courses

Not sure where you live but your meme is not accurate..(which is normal for you).
McDonalds prices have increased.....
Now its up to me to decide if I wish to purchase or not......

[davew]

Originally Posted by newtothegame

Not sure where you live but your meme is not accurate..(which is normal for you).
McDonalds prices have increased.....
Now its up to me to decide if I wish to purchase or not......

Don't forget about the decrease in sizes, which also equates to an increase in price.

[newtothegame]

Originally Posted by davew

Don't forget about the decrease in sizes, which also equates to an increase in price.

yes sir...larger prices, decrease in sizes....

[Tom]

Of course horsey leaves out the fact that many MCD's are private franchises and are not at all connected to the big guy's salary.

Fact of live - not all jobs are WORTH a living wage.
The value an employee contributes to the deal is a major factor.

Is a Walmart greeter worth $40K a year?

[boxcar]

Originally Posted by Tom

Of course horsey leaves out the fact that many MCD's are private franchises and are not at all connected to the big guy's salary.

Fact of live - not all jobs are WORTH a living wage.
The value an employee contributes to the deal is a major factor.

Is a Walmart greeter worth $40K a year?

MCDs and Walmarts of the world are valuable in that they offer every incentive for many people to want to better themselves, move on and get better and higher paying jobs. Many of the positions at these kinds of companies are low rungs on the ladder to success. They are simply means to higher ends.

[chadk66]

If you want the country to go to hell in a hand bag force companies to do that.

[GaryG]

The salary of the CEO is irrelevant. As Ralph said, the market determines the wages. That is, unless you live in a socialist country. The new democrat slogan is: From republicans according to their ability, to democrats according to their hearts' desires.

[lamboguy]

capitalism is what made the USA, we get away from it and the place ain't so great.

there are always winners and losers in everything and the game is not played fair most of the time.

smart people work the system to their advantage. bankers steal from the rest of us and pay fines when they get caught.

if you are a poor schmuck and has a kid that gets caught with marijauna in your house, the government takes your house away from you because the government can suspect that you are drug trafficking.

i just read this somewhere today, TRUTH, MORALS, REASONING, have all gone by the wayside, slowly, gradually and surely.

to make matters worse, we in this country fight each other because we believe our way is the better way than the other guys. when it comes time to fight a real war, we might have trouble defending ourselves.

[jimmyb]

Two decades ago, the pay gap between big-company CEOs and the average American was 195 to 1, and now it’s 354-to-1.

You put money in their paths, and they find a way to make it their own. Boards of directors never bother to ask whether a CEO will be more concerned with his own fortune or the fortunes of the shareholders or the pay of employees. And, too often, the more one pays a CEO, the worse he performs: Kind of like that Ron Johnson guy at J.C. Penney who was essentially paid millions upfront and then nearly took down the iconic retailer.

[JerryBoyle]

Agree with everyone, you shouldn't legislate how money is dispersed within a company. Perfect case for unionization...

[Inner Dirt]

I thought minimum wage entry level jobs were places to gain work experience, students working part time, home makers that want some time out of the house or bored senior citizens who don't hunt, fish or garden. I didn't know a person should be able to make a career out of one and support a family on the pay.



Most people who are low skilled or uneducated at an advanced age have no one to blame but themselves. I saw evidence of that first hand in the 20 years of working for small and big companies before becoming self-employed.


A good chunk of that time was spent running and repairing automated manufacturing equipment and then supervising people that did the same.


At one place in a department I worked in running automatic machinery I would say the average worker had to spend an average of 30 minutes per hour actually doing physical work. Some guys spent the half hour easy time leaning or sitting on their work bench, others spent it sitting on the toilet reading the newspaper. For some reason reading non work related material was only supposed to be done on breaks out of the work area.


There were a select few that asked for extra work like sorting another department's small parts for rejects. There were also guys that used the easy time to keep their area spotless. Some guys read the operation manuals of more difficult machinery than they were running trying to be the first in line when people were needed for advanced training and possible promotion.


It was a good lab experiment, I left that place in 1995 to become self-employed, but keep in touch with a guy who continued to work there till he died in 2017.