NM Governor Martinez vetoes minumum wage hike bill

Mar 31, 2013 | Posted by: roboblogger | Full story: Deming Headlight

Gov. Susana Martinez on Friday vetoed a bill to increase the state's minimum wage by $1 an hour, to $8.50. Martinez, a Republican, blamed majority Democrats in the state Legislature for seeking too large an increase.

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“Freedom is never free”

Since: Jan 09

El Paso, Texas

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#1
Apr 1, 2013
 

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She promised jobs, just not good pay.
martinezFOOLSday

Glendale, AZ

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#3
Apr 1, 2013
 

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I think it's 'Martinez Fools Day'. Just ask the 40% of the low-income, working poor of New Mexico who voted for her.

One and done!
MrAlbucrazy

Albuquerque, NM

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#4
Apr 1, 2013
 

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Effin ridiculous. How much poorer should the poor be.

“Each Thought Creates A Reality”

Since: Nov 08

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#5
Apr 1, 2013
 

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Absolutely. And what about the maximum wage. Look at the Hollywood Elites, The Wall Street Scions, The Beltway Billionaires and Steve Alford.
Con Todo

United States

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#6
Apr 2, 2013
 

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Not a big fan of Suzi's but I got say that a buck an hour seems a little too ambitious, especially since neighboring state Arizona's 2013 minimum wage is $7.80 an hour.

BTW: Arizona ties their minimum wage to the local CPI, a fairly objective index of consumer goods. In addition, small businesses are exempt based on annual revenues, not number of employees like NM's proposal.

“US Navy”

Since: Jan 10

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#7
Apr 2, 2013
 

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So apparently there is no downside in some peoples minds to raising the minimum wage - right?
- Raising operating costs which lowers profits is not a viable issue.
- And of course all these people who would make $1/hr more would not have a problem with having to spend that increased income for the same items they buy today at a lower cost.
- Businesses who pay minimum wage are likely small mom & pop operations, not the larger businesses, which means the impact upon them would be far greater than on a large businesses who probably pay well above minimum wage already.

Its a tough pill to swallow but NM needs jobs badly, and hopefully this along with the tax incentives will attract some larger businesses who will employ more people, pay more and offer benefits too. This is what NM needs.

If we always set our sites upon minimum wage jobs, how will we ever keep our youth in NM and prosper and advance as a state?

“Freedom is never free”

Since: Jan 09

El Paso, Texas

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#8
Apr 2, 2013
 

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CornDogz wrote:
So apparently there is no downside in some peoples minds to raising the minimum wage - right?
- Raising operating costs which lowers profits is not a viable issue.
- And of course all these people who would make $1/hr more would not have a problem with having to spend that increased income for the same items they buy today at a lower cost.
- Businesses who pay minimum wage are likely small mom & pop operations, not the larger businesses, which means the impact upon them would be far greater than on a large businesses who probably pay well above minimum wage already.
Its a tough pill to swallow but NM needs jobs badly, and hopefully this along with the tax incentives will attract some larger businesses who will employ more people, pay more and offer benefits too. This is what NM needs.
If we always set our sites upon minimum wage jobs, how will we ever keep our youth in NM and prosper and advance as a state?
Of course raising minimum wage will increase costs, but does it have to? No. The only reason the costs go up is so that the corporate execs can maintain a high profit margin, that's the bottom line. They do not care if their employees are paid a fair wage they just want the profits. That's the real issue, it's called greed.

Now consider this the cost of living increases constantly and yet minimum wage is stagnant. And you are comfortable with that?

As for keeping youth, if they see that they will get paid twice as much in another state they are not going to stay in New Mexico. Young people do not take into consideration that living expenses might be higher all they see is the amount of their pay and they take it. To them it's a better opportunity. For example at one time the average base pay for teachers here in El Paso was $28,000 and in a Dallas district the base pay was $48,000, and you think a fresh graduate would have wanted to stay here? That's $20,000 difference, with that in your mind I doubt the cost of living factors in.

Granted you did contradict yourself:

"attract some larger businesses who will employ more people, pay more"

So you do want companies to pay more, just not raise minimum wage. If a company opens in an area and sees they can pay minimum wage and its low I guarantee you they will pay the least amount they can pay because the bottom line is PROFIT.

“Each Thought Creates A Reality”

Since: Nov 08

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#9
Apr 2, 2013
 

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Obviously a small business owner. The voice of experience is always helpful.

“Each Thought Creates A Reality”

Since: Nov 08

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#10
Apr 2, 2013
 

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And it is only the next step to really establish a salary czar who will set wages for everyone. It is only fair. Businesses are in it for the profit. What a concept. Thought it was just altruism. But then the poster must know, having a successful business, themselves.

“Freedom is never free”

Since: Jan 09

El Paso, Texas

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#11
Apr 2, 2013
 

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Willothewisp wrote:
And it is only the next step to really establish a salary czar who will set wages for everyone. It is only fair. Businesses are in it for the profit. What a concept. Thought it was just altruism. But then the poster must know, having a successful business, themselves.
You soooooo miss the point.

I worked for a company which had their base of operations in New Jersey. In New Jersey the employees were getting $15 per hour for the day shift. They moved to here, El Paso, TX and paid the day shift minimum wage and paid the graveyard shift $7.50 per hour. They then moved to Juarez and paid people there $3 PER DAY.

Yes businesses make profits, but that profit does not have to come from paying employees little or no wage. A company can turn a 30% profit, but it is greed when a company pays their employees very little so they can turn a 250% profit.

Should one man earn a billion dollars while the entire employee base is paid less than a million?

You could take one billion dollars and pay 10,000 people $100,000. At some point be honest with yourself, do the math, a $1 increase in minimum wage is not going to hurt a companies profits especially those who have outrageous profit margins.

“Each Thought Creates A Reality”

Since: Nov 08

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#12
Apr 2, 2013
 

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Didn't miss your point at all. Set a profit cap on all those for-profit greedy companies and have done with the whining about what you haven't run or created.

“Each Thought Creates A Reality”

Since: Nov 08

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#13
Apr 2, 2013
 
this is where the government shines. profit caps.

Since: Aug 08

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Apr 2, 2013
 

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CornDogz wrote:
So apparently there is no downside in some peoples minds to raising the minimum wage - right?
- Raising operating costs which lowers profits is not a viable issue.
- And of course all these people who would make $1/hr more would not have a problem with having to spend that increased income for the same items they buy today at a lower cost.
- Businesses who pay minimum wage are likely small mom & pop operations, not the larger businesses, which means the impact upon them would be far greater than on a large businesses who probably pay well above minimum wage already.
Its a tough pill to swallow but NM needs jobs badly, and hopefully this along with the tax incentives will attract some larger businesses who will employ more people, pay more and offer benefits too. This is what NM needs.
If we always set our sites upon minimum wage jobs, how will we ever keep our youth in NM and prosper and advance as a state?
The impact with that one dollar is much greater. That dollar results in increased payroll and unemployment taxes and increased workmans' comp and general liability insurance expense. Long story short, it 'aint just a dollar per hour per employee!

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Apr 2, 2013
 

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Willothewisp wrote:
Didn't miss your point at all. Set a profit cap on all those for-profit greedy companies and have done with the whining about what you haven't run or created.
Not to fear, I'm sure this is in the works too........As I recall, there is something along these lines with the insurance companies as part of Obamacare.
leaveyourhaton

Scottsdale, AZ

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#16
Apr 2, 2013
 

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Just left of right wrote:
<quoted text>
The impact with that one dollar is much greater. That dollar results in increased payroll and unemployment taxes and increased workmans' comp and general liability insurance expense. Long story short, it 'aint just a dollar per hour per employee!
Not necessarily, I ran a 20% payroll for a $1.5 million a year operation in San Diego and my hourly was $1.50 higher than my counterparts in Phoenix who ran a 19% payroll.

You get what you pay for. Find a part-time kid going to college with some ambition and have them wear 2-3 hats and see the results. You'll shed the ghetto wage mentality in a hurry.

“Freedom is never free”

Since: Jan 09

El Paso, Texas

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#17
Apr 2, 2013
 

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Willothewisp wrote:
Didn't miss your point at all. Set a profit cap on all those for-profit greedy companies and have done with the whining about what you haven't run or created.
How do get whining out of text on a screen?

I only made a point, posted my view.

However the government can't nor will place a profit cap. It's called free enterprise.

Greed isn't something the legislature can control. Some people just go south with their moral compass.

Since: Aug 08

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leaveyourhaton wrote:
<quoted text>
Not necessarily, I ran a 20% payroll for a $1.5 million a year operation in San Diego and my hourly was $1.50 higher than my counterparts in Phoenix who ran a 19% payroll.
You get what you pay for. Find a part-time kid going to college with some ambition and have them wear 2-3 hats and see the results. You'll shed the ghetto wage mentality in a hurry.
Ghetto mentality, really? You clearly have zero idea what you are talking about. The FACT is that payroll taxes and insurance expense increase DIRECTLY as a result of payroll dollars. The employer I am thinking about as my reference currently pays people to push a broom $19.86 per hour. HARDLY ghetto! Even in California it's hard to find a job that pays that rate to push a broom! You were clearly not "aware" of the true costs of labor and, clearly, haven't a clue!

Of course, I seriously doubt you were ever even in charge of your families food budget!

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Apr 2, 2013
 

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justice is just a choice wrote:
<quoted text>
How do get whining out of text on a screen?
I only made a point, posted my view.
However the government can't nor will place a profit cap. It's called free enterprise.
Greed isn't something the legislature can control. Some people just go south with their moral compass.
Ha! Are you sure about that? Have you read Obamacare?

“Freedom is never free”

Since: Jan 09

El Paso, Texas

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Apr 2, 2013
 

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Just left of right wrote:
<quoted text>
Ha! Are you sure about that? Have you read Obamacare?
I never said I agreed with the healthcare law.

“Freedom is never free”

Since: Jan 09

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#21
Apr 2, 2013
 

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Let's say a company makes a net profit of $60,000 in a month. They have 10 full-time employees. An extra dollar over a month would total $1,600 in increased pay. Making the net profit $58,400.

So the greedy decision is to raise sales prices or services in order to maintain the $60,000 profit.

You may foolishly believe my figures are low or off, but take into consideration that when Hooters opened by Cielo Vista Mall they averaged $60,000 in sales per week. They had a little more than 10 employees, except the waitresses were not paid minimum wage, they earned mostly tips so do the math. Now consider that on any given day WalMart does well over a $1,000,000 in sales and has a huge employee base, but again $1 per employee is not going to tank their net profit.

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