<font size="2" face="Verdana, Helvetica, sans-serif">Oh, it makes perfect sense, and it's simple economics. *Very* simple economics.You make no sense, and I stuggling to understand your glaring contradictions
I wish they'd teach it in Europe.
Here is a list of the top 50 occuaptions in America according to Money magazine.
http://money.cnn.com/magazines/money...p50/index.html
On the right side of the page, there is a way to look up your job and what it pays on a national average or even locally. (beware, this could either make you feel great or really really cruddy about your situation)
<font color="#a62a2a" size="1">[ April 14, 2006 10:08 AM: Message edited by: cincygreg ]</font>
<font size="2" face="Verdana, Helvetica, sans-serif">Oh, it makes perfect sense, and it's simple economics. *Very* simple economics.You make no sense, and I stuggling to understand your glaring contradictions
I wish they'd teach it in Europe.
You raise the price of something, the consumer will purchase less of it. (That's a generality, but it works for the sake of this particular discussion.)
In this case, the consumer is the employer. You raise the price of labor, the employer will purchase less of it.
But it doesn't end there. Raising the price of labor makes a job more attractive. A higher salary will not only increase the number of applicants, it will attract better applicants.
The end result is that not only are there fewer jobs, there are more and better qualified people applying for them.
In a nutshell, those at the bottom are screwed.
Common sense.
<font color="#a62a2a" size="1">[ April 14, 2006 11:13 AM: Message edited by: The Big Sexy ]</font>
Another aspect of raising wages is that that sometimes humans are replaced by machines.
Much unskilled labor can be automated. Just think of how much transacting business has changed in just the last 10 years.
I no longer need a travel agent to buy a plane ticket. I do that online, and I also reserved my rental car and hotel without ever talking to a person.
I almost never go to a bank. I do almost all my transactions via atms and the computer. Almost no need for a minimum wage teller, and I can transact business 24 hours a day.
I can go to the grocery store and check out my own items, without EVER talking to a clerk.
I enroll in classes at the university without leaving my desk.
I can purchase made-to-order light fixtures and never talk to a sales person and have it delivered to my house and never see any of the people involved with the process.
I can buy gasoline without human contact.
I buy tickets for sporting events without ever talking to anyone.
I can go to a movie theater and buy my ticket without human involvement.
My point is, you tinker with the natural movement of the labor market, you tend to eliminate jobs, not create them. You make labor too expensive, you tend to have it replaced.
I'm not sure where the social justice is in that.
Like I said, if you want to see the downside of tinkering with labor, look at the unemployment and discontent in "socially friendly" Western Europe. It's a joke.
<font color="#a62a2a" size="1">[ April 14, 2006 11:03 AM: Message edited by: The Big Sexy ]</font>
<font size="2" face="Verdana, Helvetica, sans-serif">A few places just south of us. I don't know about you, but I sure would leave.Originally posted by travelinman:
</font><blockquote><font size="1" face="Verdana, Helvetica, sans-serif">quote:</font><hr /><font size="2" face="Verdana, Helvetica, sans-serif">Originally posted by The Big Sexy:
I've often wondered about the allure of these minimum wage jobs to these immigrants. What causes them to travel literally thousands of miles -
For a full motion view of what you pass on your way out of Mexico City to the Pyramids of the Sun and Moon Watch this</font><hr /></blockquote><font size="2" face="Verdana, Helvetica, sans-serif">Let me see, the top pic is Covington and the second pic is Clermont County?
Very nice spiel [img]graemlins/thumbs_up.gif[/img]
And you are to be commended on a flourishing economy. But Like France and the vast majority of western Europe you share a common economic theme, The one we have been talking about here, We all have a minimum wage [img]rolleyes.gif[/img] So that would lead me to belive Western europes woes are maybe down to something else.
Perhaps the greatest upheaval since ww2 in europes economy. MMMNNN the European Union might have something to do with it.
Please read post before resorting to the predictable abuse.
Couldnt care aless about US s economy, but was slighly disturbed by the Health care issues raised. I repeat
One more thing. I think Dulc pointed out that most "minimum wage" jobs actually end up paying more than the minimum. This is a result of supply and demand.
A florishing economy is the the best way to have demand outstrip supply and increase salaries and promote upward mobility.
Later, I will specifically address the aid to those who seriously have no other means of support.
Thats all very nice and you obviously have a good grip in your own mind of how to sort or avoid the problem.
But, Feck off and start your own thread [img]biggrin.gif[/img]
By the way have you seen Morgans 30 days on minimum wage??
If so maybe you would like to discuss the topic
<font size="2" face="Verdana, Helvetica, sans-serif">Let's start from the beginning, with the all caps proclamation, "MAN ALIVE, I WOULDN'T WANT TO BE A POOR PERSON IN YOUR COUNTRY!"Originally posted by Sean Pa:
Very nice spiel [img]graemlins/thumbs_up.gif[/img]
And you are to be commended on a flourishing economy. But Like France and the vast majority of western Europe you share a common economic theme, The one we have been talking about here, We all have a minimum wage [img]rolleyes.gif[/img] So that would lead me to belive Western europes woes are maybe down to something else.
Perhaps the greatest upheaval since ww2 in europes economy. MMMNNN the European Union might have something to do with it.
Please read post before resorting to the predictable abuse.
Couldnt care aless about US s economy, but was slighly disturbed by the Health care issues raised. I repeat
Off to a good start, huh?
I first tried to attack the premise of trying to live off the minimum wage and who benefits from low wages. I also tried to give some perspective on what "poor" means in the United States. That could be a topic on its own.
Since I live in a neighborhood where roughly one third fit the definition of "poor" I think I can offer *some* perspective.
From there, I planned on addressing all the benefits (unemployment, health care, housing, etc) that many Western European citizens get, and we can start to understand why the European economy continues to lag.
Governments in France and Germany are such social welfare sponges they are doomed due to its overgenerous benefits, combined with their grossly restrictive labor laws. It's a situation that simply cannot continue.
Not only do these uncompetitive structures drive away drive growth, the generous benefits discourage people from attempting to find employment.
To tie this all together, much of the unrest you see in Europe today, particularly France, is due to these generous benefits. Poor, unskilled immigrants are initially welcomed, but there aren't any jobs for them. The labor market is rigid, and native populations have the upper hand. They go on the generous government dole, where they are not compelled nor forced to integrate into the greater society.
This "socially conscious" policy in Europe is and has been a ticking time bomb, and if governments there don't change, it's only going to get worse, and France appears to be the flash point.
My point from the very beginning is that the free market overall is better at accomodating wealth generation and prosperity, and ultimately better provides for the social good. The definition of poor in this country HAS changed over the course of decades, which is why the destitute of the world gladly comes here to take their slice of poverty.
<font size="2" face="Verdana, Helvetica, sans-serif">Where Is it Big Sexy, where is the attack on the US economic policy, Because I dont see it, I see questions, answered by others, But yet again you see, what you want to see. You really need to see some one on that issue, Because as you grow up that will really become a problem.Originally posted by Sean Pa:
Just watched morgan living for 30 days with partner on the US minimum wage.
MAN ALIVE WOULD I HATE TO BE POOR IN YOUR COUNTRY.
Seriously If anyone has seen it, Is there any truth to it?? Are there NO welfare handouts to help with housing and does it really cost over $1000 for two trips to the A&E deptment.
Tell me there has been artistic license aplenty in this documentary, I m still reeling from what I watched, Astonishing filmaking. (IF TRUE)
You say:"In general, I don't consider Europeans very well versed in economics. They'll continually snub their noses at us even as our economy grows at a much greater pace than western Europe, as it has for a couple decades now."
Well woop de doo. I couldnt give a rats ass, and no where on here have I ever claimed we have a better system in fact i slated our own system for paying people for sitting at home.
You must of missed that.
You say: "Otherwise, I've done more studying on the minimum wage over the last seven years than you have. You've watched a television show. Maybe you should be the one who does his homework. "
Yet again , you miss the point, The whole thread is about the programme, YOU DORK. I would love to debate the minimum wage on aother thread. This one is about the 30 days programme. Sadly though its obvious you are incabable of any sensible debate [img]frown.gif[/img]
I have loads of questions need answering on MW.
But thanks all, who answered my questions on Morgan spurlocks 30 days, Obviously its poor programme making and the guy should be brought to task.
Thanks to all bar,the big-dork for not turning this into a were better than you dick measuring contest, Although obviously I would of won that [img]biggrin.gif[/img]
I think that is now thread closed
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