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Re: health care providers: Are you saying you are in favor of a universal health care system then?
What do you mean about people under 18 being treated as useless? Back when the economy was good (remember that?) many, if not most, high school kids were working.
Re: your last statement, I. . . don't. . . think. . . so!
No I am not in favor of a government run health care system. Nor do I think employers should be required to provide health insurance to employees.
Many jobs are not allowed to be performed by people under the age of 18 by law.
What's wrong with my last statement? Like I said, there is always work to be done. There is always someone willing to pay someone else to do that work. There is always someone willing to do the work.
All we have to do is get the hell out of the way and let people work out their own working relationships. Anyone that wants a job would then be able to get one. In other words: 100% employment.
However, having made the above statements this is a total lie. If capitalism is evil and I would not argue that it has many evil allowances on the other hand socialism is 10x as bad. If capitalism is the first rung of hell socialism is the tenth.
False dichotomy. The best thing about the devil is making us believe he does not exist. During the enlightenment we had laborers, merchants and gentry. The gentry have taken their lot up with the "capitalists" , and they are anything but. People who collect from land, minerals and monopolies are a third unproductive class. Tax them, and no dead weight loss to productivity. Some of these people do productive things but still have some income from those factors.
The worst thing Marx ever did was assume capital would become dominant. The site that a model-T factory sat on will still have some value. The model-T will not.
Do people not realize that setting price floors on the labor market causes unemployment? What if the fair value of my labor is less than $7.25/hour?
When wages are inflated above the market value, to me it it is like a ripple effect. Other areas will suffer.
So you inflate the commodite price on any item. Guess what? The consumer will complain that the commodity is more expensive, they will in turn go to their bosses they want a raise because things are more expensive, if unions or other forces mandate higher wages, what happens next? The commodity values goes up again that the cycle repeats.
A good book to read is entitled "Race and Economics". To me the title is somewhat missleading becuase when I saw it I said "Oh boy! Another race victimization book". Well, even though it covers about blacks, it actually is saying how it would help blacks if minimum wages did not exist and how it actually hurt blacks when it was instituted when unions pushed for it. They did it to supposedly help the people when in reality it was by whites to help whites compete with blacks that had many jobs and they wanted them. In today's world it actually hurts the people at the bottom instead of helping them. Minimum wage law are similar to protectionism that very often is to help certain groups and hurt people in the lower economic bracket. What to do next? Look like the nice guy and come up with laws to help the poor souls at the lower bracket. No, let them compete with others with no need for minimum wage laws. Take care.
When wages are inflated above the market value, to me it it is like a ripple effect. Other areas will suffer.
So you inflate the commodite price on any item. Guess what? The consumer will complain that the commodity is more expensive, they will in turn go to their bosses they want a raise because things are more expensive, if unions or other forces mandate higher wages, what happens next? The commodity values goes up again that the cycle repeats.
A good book to read is entitled "Race and Economics". To me the title is somewhat missleading becuase when I saw it I said "Oh boy! Another race victimization book". Well, even though it covers about blacks, it actually is saying how it would help blacks if minimum wages did not exist and how it actually hurt blacks when it was instituted when unions pushed for it. They did it to supposedly help the people when in reality it was by whites to help whites compete with blacks that had many jobs and they wanted them. In today's world it actually hurts the people at the bottom instead of helping them. Minimum wage law are similar to protectionism that very often is to help certain groups and hurt people in the lower economic bracket. What to do next? Look like the nice guy and come up with laws to help the poor souls at the lower bracket. No, let them compete with others with no need for minimum wage laws. Take care.
One of the best posts I've seen on C-D.
And I'd like to add that the primary reason unions started in the U.S. a to keep blacks and Asians from taking jobs from white people. Unions are about the racist groups you can find even today.
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