Every employer who pays taxes is required to pay at least the minimum wage o their workers of the state they are conducting business in.
Do you think companies (like mine) just eat the cost increase.. no.. it gets added to the "landed cost" of whatever it is that we are selling.. thus the consumer pays for it.
And do you think companies will increase hiring of new employees at the increased minimum wage?..it may happen in a few "niche" markets, but as a whole... no they won't.
quite simply put,, I think people will pay for the value of what they want
period
Well, they haven't shown that so far.
People will continue to shop at Wal Mart type stores and Wal Mart, Target, ect type stores will continue to squeeze vendors even harder.. meaning lower prices and more jobs... offshore... not here in the US.
Fact is, people claim they will pay higher prices.. ( to offset items such as minimum wage increases) until they get to the cash register.. then they forget all about that stuff.
And I would know, because I brought in over 67,000 40'containers of product last year.. to the U.S.( on the same track this year too). Why.. simple.. because Americans do not want to pay the higher cost of product made here. And LABOR is the leader of these costs.
(BTW some of the stuff I make is most likely in your house..Lol)
I wish they would.. I would love to have the factories here.. not there. But the entire mindset of " great value" has to change before that happens.
See ya at Wal Mart :)
I go to Walmart not expecting a QUALITY product,, because the prices are too low
these are products I am going to replace often and therefore don't require that quality
If I spent ten times,, Id expect ten times the QUALITY
Yes.. yes.. I'm sure you would.
I make quality stuff too. ( along while the cheap s***) I am Held to very strict rules regarding quality. My products are tested in labs that would rival the FBI.. and God forbid they fail.
But fact is they are not made in the U.S. So, take another look at the sticker on the bottom of that quality item you have.
Made in America is a niche market.. very small. Why, most of the stuff sold in the gift shops of U.S. museums and other national sites in Washington.. were made in Asia. until somebody complained about it.
And who made it soo small... we all did.. and continue to. Why?.. like I said.. we don't want to spend a lot of money.
And who assisted in this.. The Government.. with that joke they call NAFTA
Do you want to hear another fact.. Those vassals you see LEAVING the U.S. docks loaded to the top with containers... Guess what, 90% of those containers... are empty. The are being rotated back... to Asia.. to be filled with yet more stuff.. made by Asian workers.
Want to right the ship.... start buying AMERICAN products...you buy, I'll build the factories.. how's that sound.
sounds like only buying products that are only made by black people
irrational and illogical
make quality and you can charge for quality,, in a global world wide web commerce society,, it cant be easy to compete,, but people will pay for quality
