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backwater

Posted 9:24 pm, 05/28/2016

The quality of life @ $.69 per hour in Vietnam is at the highest rate ever.one can buy a lot of Rice for $.69.

springtime123

Posted 7:31 pm, 05/28/2016

backwater (view profile)

Posted 6:17 pm, 05/28/2016

In 2002 the average Vietnamese worker in a Nike factory was being ****.27 per hour.in Feb.2015 looking thru the TPP report the same Nike worker is being paid between $.49 to $.69 per hour.working only 74 hour work week.Nike shoes on an average are valued at $5.74 per pair in Customs.However when making a purchase at a local retail store value is between $60.00 to over $200.00.

What this shows is that big business is screwing everyone.

Truthseeker911

Posted 6:26 pm, 05/28/2016

2) Myth: An increase in the minimum wage won't help anyone if all other costs go up, too

One assumption about increasing the minimum wage is that it will force to the cost of living to increase at the same rate, and in doing so, we'd really just be speeding up inflation.

This isn't really how economics works. A 2013 study by the Chicago Fed found that increasing the minimum wage even just to $9 would increase consumer spending by $28 billion. When spending—i.e. demand—increases, manufacturers and other purveyors of goods and services can actually charge less or at least avoid increasing their prices, because they're increasing overall revenue.

While increasing minimum wage, thus, benefits the economy, there are hidden costs of low-wage work which impact everyone. Working full-time at the current federal minimum wage of $7.25 means employees make just about $165 per month above the federal poverty level. If they have even one child, they are well below it, which means they are dependent on social services to the tune of about $152.8 billion in taxpayer money per year.

http://www.dailydot.com/opi...y-seattle/

backwater

Posted 6:17 pm, 05/28/2016

In 2002 the average Vietnamese worker in a Nike factory was being ****.27 per hour.in Feb.2015 looking thru the TPP report the same Nike worker is being paid between $.49 to $.69 per hour.working only 74 hour work week.Nike shoes on an average are valued at $5.74 per pair in Customs.However when making a purchase at a local retail store value is between $60.00 to over $200.00.

antithesis

Posted 6:17 pm, 05/28/2016

OMG, seriously? No, it wouldn't raise the price one cent, it would cause the manufacturers and growers to go to another country where they can get cheap labor.

The jobs could pay $25 an hour, and no one would want them. There are 94 million people in the US, right now, that don't have a job and don't want one. We have 5 million jobs available, and no one wants them. It's basic logic that if we don't want the job then someone else will take it.

You're an intelligent person so I don't know how you can't understand this. Raise salaries, and prices go up to match. That's the most basic explanation I can think of to explain how inflation works.

springtime123

Posted 5:50 pm, 05/28/2016

Face the facts, illegals are hired out of greed. Paying American workers a fair wage might increase the price of an apple one cent each. Besides, who owns America? Big business or the people? Once you answer that question everything else falls in line. Your problem is that you think big business owns America. You think people are just pawns to be used up and replaced with cheaper workers. Your head is on wrong.

springtime123

Posted 5:44 pm, 05/28/2016

My numbers are based on a 50 cent apple.

chendo

Posted 5:43 pm, 05/28/2016

Picking jobs don't pay by the hour period. It's incentive/performance based pay

antithesis

Posted 5:42 pm, 05/28/2016

And then no one would buy the $20 apples. We've come full circle.

I know you're thinking that the companies wouldn't raise their prices, they would just make less of a profit. I'm just shocked that you're that naive. If anything, they would use it as an excuse to raise their prices more than necessary so that they make more of a profit, and then they could blame it on the increased payroll!

springtime123

Posted 5:41 pm, 05/28/2016

The grower would still make over $200.00 and hour on each worker.

springtime123

Posted 5:39 pm, 05/28/2016

If picking apples paid $25.99 and hour half of Wilkes county would be trying to get thse jobs.

springtime123

Posted 5:37 pm, 05/28/2016

antithesis (view profile)

Posted 5:23 pm, 05/28/2016

Exactly, Bestill! They're confusing corporate CEOs with the small and medium sized businesses that would be the ones hurt.
And with 5 millions jobs available in the US that no one wants, who do you think is going to take these jobs? Brushy Mtn Bee Farm is ALWAYS hiring, but people think it's too much work and won't do it!

It is not that Americans don't want the jobs, they just want to be paid a fair wage for the job. If picking apples paid $25.00 and hour you would have half of Wilkes county trying to get a job picking apples.

antithesis

Posted 5:36 pm, 05/28/2016

Minor semantics We're just talking about apples because Marie used it for an example and it makes for easy math. We could just as easily be talking about catching chickens.

chendo

Posted 5:26 pm, 05/28/2016

They pick apples by the basket...not the hour

antithesis

Posted 5:23 pm, 05/28/2016

Exactly, Bestill! They're confusing corporate CEOs with the small and medium sized businesses that would be the ones hurt.

And with 5 millions jobs available in the US that no one wants, who do you think is going to take these jobs? Brushy Mtn Bee Farm is ALWAYS hiring, but people think it's too much work and won't do it!

Bestill

Posted 8:20 am, 05/28/2016

Of all the apple orchard owners I know, not one has a private jet.

springtime123

Posted 7:52 am, 05/28/2016

Yea but how much do they sale the apples for? Apples sale for about 50 cents a each. That means @ $5.00 an hour a picker would only have to pick 10 apples an hour to pay his/her wages. I would say a picker will pick about 500 apples an hour. that is a total in sales of $250.00 and hours for only $5.00 in pay. @ $12,00 an hour that is still $238.00 an hours in sales. How much does an American worker have to give up in order to maintain the owners private jet?

MarieLaveau

Posted 7:27 am, 05/28/2016

That sounds great anti. Just to say big business is not going to lose money regardless of who they hire. They're not happy with only making say 20-30 million a year. With all the loop holes & such the gov. allows they're only gonna make more. Only the middle class are the ones to suffer. Always have & always will. GREED, i think is the term used. If owners of such business & workers paid only, say 12-15% percent of their earnings, i mean every body, we would be the wealthiest society on earth except maybe QATAR & SAUDI ARABIA?

antithesis

Posted 10:49 pm, 05/27/2016

Sorry Pillbilly:: But will hiring illegal immigrants lower the price of an APPLE you purchase just because labor cost were lower for one owning orchard? Simple as i can make it.

Yes. Think of it like this.

There's an apple orchard with 500 employees. They pay illegal immigrants $5 an hour under the table, and don't pay overtime, so they get 50 hours of work for $250 a week. 500 employees, that's $125,000 a week in payroll.

Those immigrants get deported, and now the orchard hires 500 citizens and pays minimum wage, $7.25 an hour. The employee pays FICA of 6.2%, and the employer has to match that.

So at 50 hours a week, the new employee costs:

40 x 7.25 = 290
10 x 10.87 = 108.70 (overtime pay)
FICA = 24.72 (6.2%)
Total = $423.42

With 500 employees, the employer now pays $211,710 in payroll. That's a difference of $86,710 a week.

Do you think the company is just going to start losing $86,000 a week? Are they being greedy by not wanting to lose money? No, they have to raise their prices to offset the cost.

Their overhead goes up by 70%, so their prices go up by 70%. So now, that apple that used to cost $5 is now going to be $8.50, and the company makes the same profit as before.

MarieLaveau

Posted 4:47 pm, 05/26/2016

Ask swucy, he'll tell you all about it.

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