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Every one should at least be given a basic subsistence wage regardless of their present condition.
Nope. Wage is win-win compensation in exchange for value created. It is incumbent upon the worker to add a minimum of value. Far too many people are not willing to add any value to society. They are net drains and just wasting the oxygen in the atmosphere.
No they are not. A prospective employee might need to demonstrate some initiative and go above & beyond, but there are plenty of jobs out there. Or, the prospective employee can create his own job adding value to society directly.
So what are you gonna do with unemployable people??
I'd love to hear your theories.
Bring back interment camps but make them work/wage camps. A bed, three meals a day and work everyday for pay. Nothing else. Some years doing that and the unemployable people will have no trouble keeping a job after that experience.
It's either that or more tax payer money wasted trying to jail the unemployable. Your choice.
Bring back interment camps but make them work/wage camps. A bed, three meals a day and work everyday for pay. Nothing else. Some years doing that and the unemployable people will have no trouble keeping a job after that experience.
It's either that or more tax payer money wasted trying to jail the unemployable. Your choice.
But one thing i wanna make sure.
You guys all agree that we'll need less working people.
Let's get this straight first.
Automation and outsourcing will totally kick in big league!
No they are not. A prospective employee might need to demonstrate some initiative and go above & beyond, but there are plenty of jobs out there. Or, the prospective employee can create his own job adding value to society directly.
On 10 dollars an hour you're screwed in the Bay Area
Nope. Wage is win-win compensation in exchange for value created. It is incumbent upon the worker to add a minimum of value. Far too many people are not willing to add any value to society. They are net drains and just wasting the oxygen in the atmosphere.
Adding value does not equate to increased wages in this economy. That's the problem, writ large.
Let me give you a real life example of what I'm talking about:
I have a friend that had an idea that he thought would save the company he worked for close to a million dollars per year. He sat down with his boss and got the go ahead to design and implement his idea. He was assured they would take care of him with a large bonus if he was able to pull it off. So he did it, and his idea was even more successful than advertised. He then asked his boss for a large bonus and a large raise.
Instead of getting his large bonus and large raise, they gave him a one time token bonus with no raise. End result- company is 10 million to the good after 10 years, my friend is 1k to the good.
I realize this is an extreme example, but I believe it's relevant. Often times, none of the people that matter actually care how much money you can produce or save for the company, because they aren't going to see any of it, anyway.
This is what happens when you have too many people chasing too few jobs.
This is an Economics forum, and in Economics we deal with numbers, not anecdotal nonsense.
Quote:
Originally Posted by J.Thomas
We'll need less working people.
What Law of Economics says everyone must be employed?
Quote:
Originally Posted by J.Thomas
So what are you gonna do with unemployable people??
I'd love to hear your theories.
Why do anything at all?
Study this very important chart on Employment to Population Ratio
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