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Profit is not a four-letter word - The Galveston County Daily News: Columns

July 29, 2016

Profit is not a four-letter word

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7 comments:

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  • paul-hyatt posted at 6:48 am on Mon, Sep 1, 2014.

    paul-hyatt Posts: 557

    Excellent article that needs to go nation wide.... Problem is though I know it won't....

     
  • gecroix posted at 10:54 am on Mon, Sep 1, 2014.

    gecroix Posts: 5833

    The people who so despise anyone being profitable may need to consider where the money for their entitlements comes from...

     
  • raifm posted at 10:55 pm on Mon, Sep 1, 2014.

    raifm Posts: 87

    I think all businesses should make a profit. However if they can't pay a living wage, they should not hire people

    If all business pay a living wage, they have a level playing field.

    Then the tax payers would not have to subsidize businesses with food stamps, housing, etc

    I hear people ranting about illegals,. Who hires these people? Why are they not charged with breaking the law?

    Would people need entitlements if employers paid a living wage?

    Why do people want businesses
    to receive tax subsidizes but not people?

    Why are some people so anti people?

     
  • paul-hyatt posted at 5:57 am on Tue, Sep 2, 2014.

    paul-hyatt Posts: 557

    raifm, how is a business supposed to pay what you call a living wage, when the labor isn't worth what you would deem a living wage? Minimum wage jobs were not designed to support a family they were designed to teach a person some skills and work ethics so that they could move on to a better paying job. None of the Burger Kings or any of those other similar types of companies can afford to pay ALL of their employees what you call a living wage? Besides what is a living wage.... Does that pay you enough to buy a new car and at what price range. A home? How many cell phones should that be able to afford? Many people have a different take on what a living wage is? I saw a chart where if you had 5 kids you needed to make X number of dollars to have a living wage. I agree, but you need to find a job with a different set of job skills to make that kind of money.... A business should not have to pay you based on the number of people that are in your family they should pay you based on your education, your job skills, people skills and the way you present yourselve.... Not on the number of people who are in your family that you are supporting....

     
  • Matt Coulson posted at 6:45 am on Tue, Sep 2, 2014.

    Matt Coulson Posts: 154

    So will you end HUD. Snap, etc if the minimum wage is doubled? I don't think so.

     
  • gecroix posted at 8:49 am on Tue, Sep 2, 2014.

    gecroix Posts: 5833

    WHAT is a 'living wage', other than yet another Administration divisive diversion?
    Is it the same for a guy with 4 kids and a mortgage as it is for a single guy living at home? How about if they both have the same job, and do it equally well?
    Should the former get paid more than the latter because of his personal need for more money?
    'Living wage' - just another DC buzz phrase meant to gin up support for people who have proven for 50 years that attempting to lift people up cannot be done with handouts or minimums - it can only be done with good paying jobs with benefits, something utterly foreign to the current powers that be.
    Or, winning the lottery...

     
  • bogeygolfer posted at 9:41 am on Tue, Sep 2, 2014.

    bogeygolfer Posts: 42

    Thanks to the Gays for having the courage to pen and submit this article. As a small business owner, I agree fully with their opinion.

    raifm, do yourself a favor and spend a little time reading some of Milton Friedman's work for a better understanding of the potential of free-market capitalism.

    We, in the USA, are in the process of dismantling our capitalist society - the greatest, most broadly-affluent society in all of world history. All this socialist stuff sounds great - until you try to put it in practice. We have seen it fail time and time again. What you propose and advocate is just a form of socialism with a little communism sprinkled in for good measure. Won't work - ever - and we know this because it fails every time it's tried.

    Is capitalism always fair? Heck no. But it's the best hope for every free person to prosper - but they must do it, not depend on others, or the government to do it for them. Some succeed, some fail, some fall in-between and live a happy life. Point is: at least you had a chance to succeed, and were free to try whatever you choose as the best path to your own success. Certainly, there is a need for laws and some regulation to punish bad actors - but overall, we are going way, way too far right now.