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ok lets just say everybody worked hard and became a mechanical engineering or computer programer. This will lead to a deflation of wages for people who are already computer programmers
and mechanical engineer making them poorer.
In the 1960's they start encouraging black people to get high school diplomas.
this led to people who already had diplomas becomiing poorer,because the more people with diplomas, the less money employeers were going to pay people with them.
in any system especially capitalism somebody has to be poor based on supply and demand fundamentals, if you dont understand this basic economics 101 concept you have no right to debate economic and fiscal issues
ok lets just say everybody worked hard and became a mechanical engineering or computer programer. This will lead to a deflation of wages for people who are already computer programmers
and mechanical engineer making them poorer.
And by the same token, if the supply of poor people willing to do the low paying jobs shrinks, their demand rises and their pay increase. Some fast food places are competing for workers in some areas and having to pay more for minimum wage jobs.
A ready supply of cheap labor holds wages down, it is now accident that corporations are sitting on huge stacks of cash while refusing to hire workers they need.
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In the 1960's they start encouraging black people to get high school diplomas.
this led to people who already had diplomas becomiing poorer,because the more people with diplomas, the less money employeers were going to pay people with them.
in any system especially capitalism somebody has to be poor based on supply and demand fundamentals, if you dont understand this basic economics 101 concept you have no right to debate economic and fiscal issues
True and others just do not have the mental capacity then to do more then basic tasks. No one is saying they need to be payed a lot of money but there is no reason for them to not have enough to live on.
Unfortunately there are people who are born with disabilities or limited learning capacity, and some people are simply anti-social and cannot work well in society. I was referring to people who can do better, but they have something of their own making, that is standing in the way of them getting a job commensurate with their abilities.
The poor are poor because it's easier to stay poor.
Many, many, many poor people have worked their way out of poverty. Not by doing the same mundane, minimum wage job more, but by actually working at getting a better income.
Many are surprised when they break free of the slavery of welfare.
Not sure what you're trying to imply.... That unions are evil? If so, that means you're a little out of touch with reality. Compare the education, skill level and abilities of a union tradesman and a non union worker. There is no comparison. I spend thousands of hours trading as a carpenter. Just to "win" that apprenticeship I had to compete with 44 other applicants for 15 openings. 10 weeks of 42 hours of classroom and field training. 30 people didn't get an apprenticeship, 15 including me did. That began 4 years of weekly classroom and field training in addition to my job.
Research union apprenticeship programs before you demonize unions, without them many of our trades people wouldn't learn the skills they need. A less skilled work force is not the answer.
I always said, the only thing wrong with America is it was built by the low bidder. The same could be said about an unskilled labor force.
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, we all would understand how you think, or don't. For your information, I also had employees and worked along side of them. I too am now retired. But I still think it is up to an individual to make his own life, and live off what he earns, and if he doesn't have the desire to make a living it's his fault, not some rich guy that doesn't even know him.
reality is if you're poor, chances are you'll stay poor in the future. IF you're rich chances are you'll be richer in the future
The only way a rich man can make a poor man more poor is to give him everything he wants so he won't want to provide for himself. That is happening in the world today.
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You cannot legislate the poor into prosperity, by legislating the wealth out of prosperity.
Last edited by buzzards27; 02-03-2012 at 01:25 PM..
Not sure what you're trying to imply.... That unions are evil? If so, that means you're a little out of touch with reality. Compare the education, skill level and abilities of a union tradesman and a non union worker. There is no comparison. I spend thousands of hours trading as a carpenter. Just to "win" that apprenticeship I had to compete with 44 other applicants for 15 openings. 10 weeks of 42 hours of classroom and field training. 30 people didn't get an apprenticeship, 15 including me did. That began 4 years of weekly classroom and field training in addition to my job.
Research union apprenticeship programs before you demonize unions, without them many of our trades people wouldn't learn the skills they need. A less skilled work force is not the answer.
I always said, the only thing wrong with America is it was built by the low bidder. The same could be said about an unskilled labor force.
reality is if you're poor, chances are you'll stay poor in the future. IF you're rich chances are you'll be richer in the future
Unions are not inherently evil and differ little from capital formations. However there is the same problem that benefits are confounded with market manipulation. Unions do set standards but standards can also be used to create barriers to entry. A door man may benefit from a little training, but a 10 year apprenticeship to refine this ability would be nothing but a sham to restrict entry. So what I am saying is unions can be as evil as any other monopoly depending on the context.
Poor people are poor, and remain that way, because a rich person refuses to pay them a living wage. Period. Spin it any way you like it is the essence of the paradigm. There are also other extrinsics such as poor people (relatively) being tasked with maintaining the essential infrastructure of the country while richer people are given exemptions from virtually any responsibility for the day to day running of the country. What a fail thread.
H
Are you claiming that those who haven't graduated from high school should be paid a "living wage"? Whatever that is.
How do you justify the thousands of people who were poor and pulled themselves up to not be poor against the hundreds of thousands who are poor and have a family legacy of being poor?
Buying the competition is everywhere in the real world. I remember the groans when IBM bought out Informix because everyone knew IBM was boxing them in again.
I know of a company that IBM bought a few years back. The employees got much better pay and benefits because IBM was much better off and could afford to give what the small company could not afford.
I know of a company that IBM bought a few years back. The employees got much better pay and benefits because IBM was much better off and could afford to give what the small company could not afford.
So your example is NOT finite.
The employees got much better pay and its an anecdote....
The people I speak of were not happy because they liked Informix for not being an IBM product since IBM had infiltrated the entire company as it was.
Consolation is perfectly fine in shrinking industries or where efficiencies are really lacking. However once again this inability to discern one thing from the other seems endemic in this thread. Monopoly consolidation and mergers specifically designed to kill competitors happens all the time and it makes other people poor since monopoly pricing power is not in exchange for more product.
Last edited by gwynedd1; 02-03-2012 at 04:34 PM..
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