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Wages and Poverty

Friend of Mara

Active Member
You see a detriment.
I see a benefit.
When housing was needed, developers,
construction companies, & landlords provided.
I would argue the landlord position is not required and the history is rooted in aristocratic European society. We didn't have a problem with housing before the housing market. It is currently the way that need is filled (albeit poorly) but it is not the way it has always been done and doubtfully the way it always will be.
I've dug may holes & ditches.
They are worth an interesting read.
 

Revoltingest

Pragmatic Libertarian
Premium Member
I would argue the landlord position is not required and the history is rooted in aristocratic European society.
I'm not aristocratic, but thank you for the accusation.
Instead, I'm practical. Developers, construction companies,
& landlords provided what was needed. And we do it better
than government. I've seen their housing, its condition, &
how government treats them. We're better.
We didn't have a problem with housing before the housing market.
The housing market arose because people wanted housing.
We provided.
 

Friend of Mara

Active Member
I'm not aristocratic, but thank you for the accusation.
Instead, I'm practical. Developers, construction companies,
& landlords provided what was needed. And we do it better
than government. I've seen their housing, its condition, &
how government treats them. We're better.
What is your current opinion of there being more homes than homeless?
The housing market arose because people wanted housing.
We provided.
The concept of renting as we know it only began in the 1920's. Prior to that to be a tenant was almost lateral to a slave. It was also when we began to commodify housing for the middle class.
 

Kfox

Well-Known Member
It's My Birthday!
That doesn't make much sense.
Lots of factories produce things that people won't pay much for. Think about cheap stuff at Dollar General or Dollar Tree.
Oh you talking about thoooose factories? You talking about stuff made by child labor in Thailand, or sweatshops in India, and sold in Dollar Tree? Are you sure this is the argument you wanna make here?
Lots of factory made things are cheaper than many fast food items.
That’s because the people who work in those factories (sweatshops) getting paid $2 per day, and McDonalds has to pay at least minimum wage!
Not all factories are also related to mega corporations.
Definitely not those you talking about; it’s not like Dollar Tree sells products that say “Made in USA with Union labor” on the tag. (LOL)
McDonalds could easily afford to pay more than many of the local and very small factories scattered around Indiana.
Really? How much more can McDonalds pay their employees? Would you like to crunch some numbers?

The average McDonalds owner makes a profit of $150,000.00 per year.
How Much McDonald's Franchise Owners Really Make Per Year

The average store costs approx $1.5 million to open. Let’s use a store with 20 employees who are getting paid an average of $10 who get an average of 30 hrs per week for our example.

In our example weekly labor will cost $6000.00 per week, or $312,000.00 per year.
In order to give each employee a 20% raise ($12 per hr) it will cost him an additional $62,000. That will have to come out of his profits of $150,000 which cuts it down to only $88,000 per year. Now keep in mind franchise owners usually work at least 50 hrs per week in his own store.
IOW in order to pay his employees $12 per hr instead of $10 per hr, he will have to cut his investment of 1.5 million profits to $88,000 per year while working. Keep in mind 1.5 million given to an investment broker will give you a return of approx $75,000 per year; and that is without working. Does that sound reasonable to you?
 

Kooky

Freedom from Sanity
I disagree. I would say 90% of the people in good paying jobs have at some point in their lives worked a low paying job during their lifetime.
Well, first of all, you have presented no basis for that number.

Second of all, even if I took this claim at face value, that doesn't mean a whole lot, because the majority of people aren't working in "good paying jobs" to begin with.

In the US, average incomes have been steadily rising above the median income level (that is, the level at which 50% of all workers earn less), implying that the portion of the workforce who can reach highest wincome levels has been steadily decreasing for the past 20 years or so.
 

Shadow Wolf

Certified People sTabber & Business Owner
Oh you talking about thoooose factories? You talking about stuff made by child labor in Thailand, or sweatshops in India, and sold in Dollar Tree? Are you sure this is
It's not always from those places. Much like Walmart, it's a mixed bag of results. Except damn near everything now is made in China. Some of it is made in America, some of it available for cheap.
The average McDonalds owner makes a profit of $150,000.00 per year.
How Much McDonald's Franchise Owners Really Make Per Year
Franchise owners aren't the corporate owners. Amd that's a part of what makes being one attractive. The franchisee gets to own the store while paying royalties to use the name, images and products of a much larger corporation. That also can help to reduce the financial risk of the franchisee.
Does that sound reasonable to you?
No, because you left a ton of numbers and facts out. Like how much the store makes, all of it's bills, royalties, and many other parts that must be considered for such a thing.
 

Kooky

Freedom from Sanity
Yea, McDonald's doesn't actually pay the majority of fast food workers working at McDonald's - they are a real estate company first and foremost, who make most of their profits from licensing fees and real estate sales. Most of the workforce is being employed by the franchise partners, who shoulder most of the cost of actually running a fast food restaurant. A small fraction of McDonald's restaurants are actually owned by McDonald's.
 

Kooky

Freedom from Sanity
My biggest problem with UBI is the vast majority of the money goes to people who don't need it! I can't think of a worse example of waste than UBI
It would make sense in an environment where wage labor has been abolished.
 

Curious George

Veteran Member
To ignore that it's a generality seems disingenuous.
Do you have more than anecdotal evidence to suggest that your claim is true even in a general sense?

If not, then why not simply toss in a qualifier. I imagine you might take exception to negative blanket statements about landlords.
 

Revoltingest

Pragmatic Libertarian
Premium Member
Do you have more than anecdotal evidence to suggest that your claim is true even in a general sense?

If not, then why not simply toss in a qualifier. I imagine you might take exception to negative blanket statements about landlords.
I'll just avoid your usual bickering.
 
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