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Originally Posted by
trikydik
I pay the guys at the bottom. I pay the guys in the middle. When I hire someone, I offer them the salary I expect to pay them +/- 15% negotiating. You want to work for me, you will take my pay. If not, go work somewhere else.
people who will be out of a job when the pay raise goes into effect. See my reasoning above. And no, my reasoning is not flawed... it is based on 600 years of capitalism and fair trade rules.
You guys don't realize what raising the minimum wage does to everyone else's pay. If I pay my entry level employee $10, then the guy making $10 now has to get a pay raise... The guy making $15 goes up... raising the minimum wage forces all pay rates to go up... People who have never run a business don't seem to understand that. So where does that extra money come from?
If I am a CEO of a company with 20,000 employees. I make 1 million dollars a year in salary and 3 million in stock options. This is normal for CEO pay scales by the way...
If I give everyone of my employees a $1/hr pay raise, that comes to $41,600,000 per year. Guess what, I am not making anywhere near that... so it ain't coming from my salary. So where do I get the money from. I raise prices you consumers pay.