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Originally Posted by fenianforever1689
I don't disagree with your motivation. I just don't believe that it is anything more than empty rhetoric talking about outsourcing and jobs moving overseas.
I agree that there are problems. Overall though I think that, and it is empirically possible to show, that the US has the best economy right now in the history of this country.
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you are right about the US economy. It is at it's greatest point in anytime in history. Shame that the general public doesn't know this. And as far as rhetoric i dont see as this.
I have colleges of mine that have experienced the
negetative effects of involentary labor cost increases. And i will be honest with you a few of them decided it wasn't worth it anymore and closed there doors. And a couple of them teamed together outsourced the production and are doing good business. The cost of doing business is so expensive in the states but on the other hand it's the place where you will get the highest possible return for your investment when it comes to selling to the general public as the cheif consumer.
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Originally Posted by fenianforever1689
This is called a false dichotomy.
I can think of at least one other choice: free up the labor markets.
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you may see it as a false dichotmoy and yes there are other resolutions and ways that are unique to every individual business and industry. i am just giving. And as far as freeing up labor markets. This is easier said then done.
If labor wasn't such a big deal then why do we see all the big box stores installing the automated checkout lanes.
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Originally Posted by fenianforever1689
The exchange rate has NOTHING to do with labor.
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no it doesn't but its a direct projector of US goods and there price points in foreign lands and foreign goods on our shores. It does play a role.
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Originally Posted by fenianforever1689
Manufacturing jobs don't pay minimum wage so raising it won't impact manu-jobs.
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most of them dont. allote of assemply jobs do depending on what part of the country you are. But raise the minimum wage puts upward pressure on all
wages. In a organizaton where a low skilled job aproaches the level of compensation of the lowest level skill job it puts pressure on the semi skilled workers to ask for raises. Usually the raise is given or the person quites to aquire a minimum wage job that requires less work and almost the same amount of pay......If they do get a raise it puts pressure on the nest teer of compenstation and so forth and so on. It may not be linear but dont expect to have a minimum wage increase without having to raise your overall payroll. Maybee not in the same percentage of the orginal minimum wage increase but there will be upward movement.