Re: ah yes, one more brick...

Donn Cave wrote:

Enough to pay for shelter and food is fair. Less is questionable.
Housing is particularly expensive here, and that probably partly
accounts for the relatively high minimum wage. How do you determine
that someone's "productivity" entitles them to live in their car?

Donn


I can't help but laugh when I see this sort of response, Donn, with all due respect. If at the end of the year I present my books to my CPA and he says to me my labor expenses are too damned high I guess I could respond, "But that's a fair wage." His response would be along the lines of " I'll prepare the bankruptcy papers." The laws of commerce are immutable. I can't change them to meet some arbitrary definition of what a wage should be. I don't know why that is so hard for folks to understand and accept. A business like mine that operates on the thinnest of margins has to monitor and control all the variable expenses. Labor is always the largest. Paying more for labor doesn't make me more efficient, it makes me less efficient without a commensurate increase in productivity. If my staff is serving everyone who comes in the door there will not be more customers coming in the door by my paying them more money. Where do I make up the deficit? Raise prices? Will raising prices increase my business? Not in my world. So when the advocates of increasing minimum wages can show small operators like myself where we make up the differences and stay solvent I suppose a lot of us will jump on board and pay the higher costs. Until then we are bound by the fact that if you increase your expenses without a way of increasing volume or gross you are screwed.
Bernie

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