NEWS POINT – MINIMUM WAGE

Larry has a small janitorial service. He has three employees and his goal is to make enough money to pay each of them $100 a day – $15 an hour. Larry thinks he should make more for himself but he has to make $15 an hour. He bites the bullet with a dream to build his business and get his rewards in the future. He works at least 10 hours counting paperwork, insurance plus other red tape, and he has to buy and and maintain equipment. So let’s say he gets $150 a day for himself. Larry has to make $450 a day. Larry business has four contracts with small mall stores. He makes it work.

Mark, an employee is sick for two or three days. Larry and his workers are diligent. They work harder to make up time for the sick one. Mark takes paternity leave for a month. Larry loses one of his contracts because the cleaning is not up to par. Larry lays Mark off. Now he is subject to a lawsuit.

Larry decides it is not worth the effort so he disbands and competes with the other three for a job for someone else for $100 a day. Problem is that this is happening to many other small businesses and there is a flood of people applying for work.

The chances are some will lose motivation and join the couch sitters and food stamp receivers, lose their health, and become depressed, addicted, or suicidal.

All this is why I’m not in favor of any minimum hourly wage. People should be paid according to how much they can contribute to their business in quantity/quality. If you can make money or provide services needed for your boss, he/she will pay you to stay with him/her.

So President Biden orders a minimum wage for all federal contract employees. No problem for the feds. Just raise the taxes on the Larrys out there. That will get you votes, legal or otherwise.

About oneta hayes

ABOUT ME Hello. To various folks I am Neat’nee, Mom, Grandma Neta, Gramma, Aunt Neta, Aunt Noni, Aunt Neno, and Aunt Neto (lots of varieties from little nieces and nephews). To some I’m more like “Didn’t you used to be my teacher?” or “Don’t I know you from someplace?” To you, perhaps, I am a Fellow Blogger. Not “fellow” like a male or a guy, but “fellow” like a companion or an adventurer. I would choose to be Grandma Blogger, and have you pull up a chair, my website before you, while I tell you of some days of yore. I have experienced life much differently than most of you. It was and is a good life. I hope to share nuggets of appreciation for those who have gone before me and those who come after me. By necessity you are among those who come after me and I will tell you of those who came before. Once upon a time in a little house on a prairie - oops, change that lest I commit plagiarism - and change that “house on the prairie” to “dugout on the prairie.” So my story begins...
This entry was posted in minimum wage, politics, Uncategorized and tagged , , . Bookmark the permalink.

8 Responses to NEWS POINT – MINIMUM WAGE

  1. pranabaxom says:

    Spoken like a true capitalist.

  2. oneta hayes says:

    Never given you reason to doubt. Tell me why socialists want to come to America, please. Perhaps part of the reason I am a capitalist is because my life has been lived in the work of government. And I’m honest. Not many people in government are honest about government. The higher education (is that where you are?) is rampant with do nothings, sitting with feet on desks, while TA are grading tests that are rolling off originals that were done eight years ago! Then they get bored and decide to cause a little stir-up. Give the students a reason to go protest about something that makes their folks (or government) money to pay the high priced schemes with their capitalist labor/or government jobs.

  3. Faye says:

    I understand your point. Know its truth from personal experience. Thank you. Oneta.

  4. floridaborne says:

    I agree with you completely! And I can read into innuendos that I agree with completely, too. 🙂

    Fast Food places are already changing the way you order your food. Instead of someone taking the order, you push the buttons yourself. Several years ago, I read about a machine that could flawlessly put a hamburger together.

    There is a lot more I could say, but I believe I’m “preaching to the choir.” 🙂

    • oneta hayes says:

      Mostly I say what I think, not leaving much for innuendos. 😀 Hey, I may not have very many more years to shout out some truth and common sense. I have another birthday tomorrow. Guess I’d better go write a blog for that special day – wish myself a Happy Birthday. 😀

      • floridaborne says:

        I wish you a happy birthday — but don’t know where or not to wish either of us too many more. Perhaps I should be wishing a happy rapture? 😇

        • oneta hayes says:

          I’m sure many on earth would find the rapture more pleasurable. I’m with you for that event. Thanks to Jesus. And thanks for the bd wishes. Don’t miss my big announcement on my blog. I make a big to-do about it. Just having fun.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s