I posted a topic called "Fools Gold" earlier but this is a great example of it. Why Fools Gold?
Because it fattens the wallet of the worker demanding higher wages for a very short time until both prices increase and employers leave to find a new workforce where wages allow a profit to be made. After all, isn't that why businesses are formed, to make money? And what happens to the fool who demands the higher wage? He soon can not afford anything with his wage increase because prices of products increase to compensate for the new wage expense incurred by employers. Not only that, but now the fool has also lost his job because employers have to cut down on hires. And the hires must work much harder to compensate for those the employer can no longer afford to keep on the payroll.
The entry level minimum wage job was never intended to be a lifetime occupation. It is a starting point to give the person entering the job market work ethics and experience. They are expected to advance to a higher paying job. ( But now that potus has decimated the job market that requires a bit of work.) Regardless, the laws of economics in the entry level job market are : Higher wages = fewer job = harder working conditions = more competition for those entry level jobs. The youth of America (THE REAL AMERICANS) are screwed.. After all, the goal of a business is not to become a charitable institution, it is to make money.
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How the Minimum Wage is Killing Off Farmers
Gherkins
Wikimedia/Srisez
http://www.breitbart.com/london/2015/05 ... mers-hard/
by Sarkis Zeronian22 May 20150
Germany’s famous Spreewald gherkins, so iconic a regional speciality they receive the EU’s Protected Geographical Indication, are under threat. International competition is not to blame, not yet, rather it is the country’s own politicians introducing a higher minimum wage that concern Brandenburg’s vegetable farmers.
The Local reports that gherkin producers have warned that Germany’s new minimum wage, introduced as part of the coalition agreement by the Social Democratic Party (SPD) is forcing prices up and sales down.
Around 4,000 seasonal workers arrive from from Poland and Romania during harvest season. Before the new law brought the phased introduction of new pay scales for the agricultural sector into force, gherkin pickers were paid €5.00 an hour. That sum represented 2 to 3 times what was on offer for agricultural workers in their home countries according to one gherkin producer as reported in Berliner Morgenpost. Now they receive €7.20 an hour now jumping to €7.90 at the start of 2016 and further to €8.60 in 2017.
In response to the increased costs producers have been forced to raise prices. There is increasing concern that this will mean consumers stop buying the iconic product threatening the future existence of the Spreewald gherkin. This year alone gherkins production has fallen 20 per cent, around 8,000 tonnes.
“More than 200 years of tradition will come to an end if consumers don’t carry on buying our gherkins,” said pickle-maker Konrad Linkenhell, “because of higher wages the raw ingredients have become massively more expensive – by more than a half. It’s a disaster.”
Citing the effects of minimum wage in the Netherlands, Linkenhell continued:
“Almost immediately the gherkin industry disappeared, which is why new opportunities arose in Germany. Gherkin production will disappear and move to Eastern Europe, Turkey, India or Vietnam.”
The German Trade Union Confederation (DGB) disagrees. It doesn’t agree that the minimum wage is a threat, instead believing that consumers are prepared to weather the extra cost. According to Lothar Judith, DGB chair in Cottbus:
“Anyone who doesn’t pay its work force enough to live well on doesn’t have a right to exist.”
Because it fattens the wallet of the worker demanding higher wages for a very short time until both prices increase and employers leave to find a new workforce where wages allow a profit to be made. After all, isn't that why businesses are formed, to make money? And what happens to the fool who demands the higher wage? He soon can not afford anything with his wage increase because prices of products increase to compensate for the new wage expense incurred by employers. Not only that, but now the fool has also lost his job because employers have to cut down on hires. And the hires must work much harder to compensate for those the employer can no longer afford to keep on the payroll.
The entry level minimum wage job was never intended to be a lifetime occupation. It is a starting point to give the person entering the job market work ethics and experience. They are expected to advance to a higher paying job. ( But now that potus has decimated the job market that requires a bit of work.) Regardless, the laws of economics in the entry level job market are : Higher wages = fewer job = harder working conditions = more competition for those entry level jobs. The youth of America (THE REAL AMERICANS) are screwed.. After all, the goal of a business is not to become a charitable institution, it is to make money.
..............................................................................................................................................................................................................................................................................................
How the Minimum Wage is Killing Off Farmers
Gherkins
Wikimedia/Srisez
http://www.breitbart.com/london/2015/05 ... mers-hard/
by Sarkis Zeronian22 May 20150
Germany’s famous Spreewald gherkins, so iconic a regional speciality they receive the EU’s Protected Geographical Indication, are under threat. International competition is not to blame, not yet, rather it is the country’s own politicians introducing a higher minimum wage that concern Brandenburg’s vegetable farmers.
The Local reports that gherkin producers have warned that Germany’s new minimum wage, introduced as part of the coalition agreement by the Social Democratic Party (SPD) is forcing prices up and sales down.
Around 4,000 seasonal workers arrive from from Poland and Romania during harvest season. Before the new law brought the phased introduction of new pay scales for the agricultural sector into force, gherkin pickers were paid €5.00 an hour. That sum represented 2 to 3 times what was on offer for agricultural workers in their home countries according to one gherkin producer as reported in Berliner Morgenpost. Now they receive €7.20 an hour now jumping to €7.90 at the start of 2016 and further to €8.60 in 2017.
In response to the increased costs producers have been forced to raise prices. There is increasing concern that this will mean consumers stop buying the iconic product threatening the future existence of the Spreewald gherkin. This year alone gherkins production has fallen 20 per cent, around 8,000 tonnes.
“More than 200 years of tradition will come to an end if consumers don’t carry on buying our gherkins,” said pickle-maker Konrad Linkenhell, “because of higher wages the raw ingredients have become massively more expensive – by more than a half. It’s a disaster.”
Citing the effects of minimum wage in the Netherlands, Linkenhell continued:
“Almost immediately the gherkin industry disappeared, which is why new opportunities arose in Germany. Gherkin production will disappear and move to Eastern Europe, Turkey, India or Vietnam.”
The German Trade Union Confederation (DGB) disagrees. It doesn’t agree that the minimum wage is a threat, instead believing that consumers are prepared to weather the extra cost. According to Lothar Judith, DGB chair in Cottbus:
“Anyone who doesn’t pay its work force enough to live well on doesn’t have a right to exist.”
://.soundclick/band/page_music.cfm?bandID=178805
Google You tube Slacker G Guitar skills (1&2)
The same spirit that ruled over Hitler is headed our way.
Let those with ears to hear understand.
Google You tube Slacker G Guitar skills (1&2)
The same spirit that ruled over Hitler is headed our way.
Let those with ears to hear understand.
