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I dont. NFL players make more than neurosurgeons and Noble Prize in Medicine winners. That is way more absurd and nobody is complaining.
80,000 people do not pay $100-500 a ticket to go see a neurosurgeon do their job. 20 million people do not turn on a TV and tune into a neurosurgeon's day at the office. NFL players are in way higher demand and shorter supply than neurosurgeons, thus, they command a much higher level compensation.
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Originally Posted by random_thoughts
Why such an insane idea that by giving minimum wage workers a raise to $15 anybody who has been making $15 is being screwed over? What dont people focus on what THEY make instead of what other are making?
Hypocrite much? Your presence in this thread, and almost every post by you is directly concerned with what other people besides YOU earn. Why don't you focus on what you make instead of on what retail/service people make? Heck, everyone arguing with you including myself are arguing from the standpoint that we are not worried about what other people make, and other people shold worry about themselves. You're not only focused on what other people earn, you're arguing to have others harmed in order that some people earn what you feel they should.
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Originally Posted by random_thoughts
Some people are OK with bagging groceries and some would rather save lives. Do you think that money is the only incentive? If that was the case we wouldn't have any teachers...
Money is not the only incentive to work, but if one chooses an occupation that has low wages, well, they chose to have less money than others. We are each paid according to a) what we and our employer feel is mutually acceptable, based on b) what our particular market will bear for the job according to the immutable laws of economics.
There's just no getting around that. People are paid what they agreed to be paid for the work they do. If every grocery bagger decided to walk off the job tomorrow in protest over their wages, what do you think would happen? I'll tell you what - we'd all say "see ya!" and bag our own groceries. That's the value that those folks have to most of us....NOT MUCH. That they are there is pleasant, but far, far, far from necessary. And bagging groceries is a skill that can be learned in about 3 minutes, so it isn't like I can't find cheap replacements for anyone who walks off the job.
I dont. NFL players make more than neurosurgeons and Noble Prize in Medicine winners. That is way more absurd and nobody is complaining.
Why such an insane idea that by giving minimum wage workers a raise to $15 anybody who has been making $15 is being screwed over? What dont people focus on what THEY make instead of what other are making?
Some people are OK with bagging groceries and some would rather save lives. Do you think that money is the only incentive? If that was the case we wouldn't have any teachers...
You are more than welcome to move to North Korea where everybody makes the same amount of money.
Minimum wage law is nothing but forcing people to pay above fair market rate for services.
$250 labor to change an outside dripping faucet. 1 hour job.
Same with a kitchen or bath faucet.
$500 labor to change out a hot water heater. 1½ hours. Most of that draining the old water heater
They do 4-5 calls a day. 5 days a week. It adds up.
$250 labor to change an outside dripping faucet. 1 hour job.
Same with a kitchen or bath faucet.
$500 labor to change out a hot water heater. 1½ hours. Most of that draining the old water heater
They do 4-5 calls a day. 5 days a week. It adds up.
I do know all of that, yet would you still claims that NFL's player skill set is higher than that of a neurosurgeon or a Nobel Prize winner in physics?
I've never argued that skills alone are part of compensation. Your skills relative to your job in your market according to supply and demand...that's what sets your compensation. A neurosurgeon and a football player are in wildly different markets, and their individual skills would mater within those markets but are unrelated to other markets.
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Originally Posted by random_thoughts
It a huge difference. I am concerned about well being of other people. You obviously are not.
You are in no way concerned about the well being of other people, because there's a chunk of "other people" that you wish the government to initiate force upon, to their detriment, in the name of other people who you have decided to concern yourself with.
And that was not the quote I was referring to. You admonished another poster to worry about what they make and stop worrying about anyone else....which given your constant bleating and babbling in this thread about what other people earn is both ironic and hypocritical. You're desperately worried about what other people earn, so you may want to not scold others for the same thing.
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Originally Posted by random_thoughts
And the laws of economics tell us that employers can pay people less knowing that foodstamps and other forms of welfare will supplement their incomes.
The employee must still agree to be paid that wage. It is never anything but voluntary. Don't blame employers for an explosion of the welfare state that allows people to work and collect benefits. Blame, in order, Woodrow Wilson, FDR, and LBJ. They built about 90% of the current welfare state, so argue with them on its merits and problems.
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Originally Posted by random_thoughts
Of course there is a way around it. That's why most industrialized rich nations have high minimum wages.
They also have extraordinarily tough immigration law, homogenized cultures, much smaller populations, and far less spending on foreign relations and national defense than we do. Oh yeah, and in almost every one of the countries, the effective tax rates are higher per individual, the unemployment rate is higher at the LOWER END OF THE EMPLOYMENT SPECTRUM, and the cost of living is higher. But hey, good for them, they have a high minimum wage.
I personally know 3 plumbers here in Austin, that make minimum $1000 a day.
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Originally Posted by random_thoughts
Sure they do. lol
Hey that's me!! Just not in Austin. It's not unusual money though. Back in the '90's we needed to bring in $4500 per week where I worked, but that was closer to Philly. Where I live now, the companies are thrilled with $3000 per week.
Nope. Experience is irrelevant. Most fresh out of school medical students make more than most plumbers with 20 years of experience. Sorry, experience is not and should not be a factor.
Apples and oranges. Instead, the comparison should be between a plumber with 1 year of experience versus 20 years of experience. Or a doctor fresh out of medical school versus a doctor with 20 years experience.
ALL is relevant.
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