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She's back: World's richest woman makes case for $2-a-day pa
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Author:  Nuggie77 [ Thu Sep 20, 2012 12:00 pm ]
Post subject:  Re: She's back: World's richest woman makes case for $2-a-day pa

saturn_656 wrote:
bootlegga wrote:
How much you want to bet she's never worked for anything close to that wage?


I'd bet my life savings. Her massive fortune she inherited from Daddy.

Never truly worked a day in her life.


She works hard everyday getting her fat arse out of bed!

Author:  saturn_656 [ Thu Sep 20, 2012 1:02 pm ]
Post subject:  Re: She's back: World's richest woman makes case for $2-a-day pa

Nuggie77 wrote:
saturn_656 wrote:
bootlegga wrote:
How much you want to bet she's never worked for anything close to that wage?


I'd bet my life savings. Her massive fortune she inherited from Daddy.

Never truly worked a day in her life.


She works hard everyday getting her fat arse out of bed!


That's what the "help" is for. :lol:

Author:  crystalsm [ Thu Sep 20, 2012 1:03 pm ]
Post subject: 

She inherited her money? So my guess is she has never done any real manual labour.

Maybe she should pick up a shovel and move dirt for 12 hours. Although that would probably kill her.

So maybe she should pick up a shovel and move dirt for 12 hours. :D

Author:  Xort [ Thu Sep 20, 2012 3:10 pm ]
Post subject:  Re: She's back: World's richest woman makes case for $2-a-day pa

I have to wonder just how unproductive her workers are if their wages are the tipping point for an operation being economical.

If one worker has a wage effective of $2 a day, and another has a wage effective of $360, you add that cost to the price of the ore.

Copper on the futures market goes for about $8.80(USD)/kg.

I would have thought stuff like capital costs, maintance, fuel, rights, transport, would have been the most important factors and the wage paid to the workers a small factor.

Author:  BartSimpson [ Thu Sep 20, 2012 3:53 pm ]
Post subject:  Re: She's back: World's richest woman makes case for $2-a-day pa

Xort wrote:
I would have thought stuff like capital costs, maintance, fuel, rights, transport, would have been the most important factors and the wage paid to the workers a small factor.


In most businesses, non-profit organizations, and government agencies labor is the highest cost item on the spreadsheet.

There are some exceptions, of curse, but this applies in most cases and by 'most' I'd say well over 75%.

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