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I don't understand the point you're trying to make. My point is: lifeguards aren't worth $15/hour. What is yours again?
That you are most likely not being honest in your argument.
so how much ARE they worth? Should they be paid enough to not collect food stamps? If not, why not? If we have to subsidize the employee then either the job is underpaid, or its not worth doing.,
A person's labor is worth as much as both parties agree it's worth. There's no objective amount. If both employer and employee agree on the trade of labor for money and vice versa, great. If not, no deal and no trade occurs between them.
False premise. no one is only worth 3 dollars an hour.
Mexican auto workers make about $3 an hour and they are very glad to have the jobs. Major factories are moving there like crazy.
If Americans want to compete on the global stage then they need to be willing to work for what the market dictates, not some artificial government imposed number.
A person's labor is worth as much as both parties agree it's worth. There's no objective amount. If both employer and employee agree on the trade of labor for money and vice versa, great. If not, no deal and no trade occurs between them.
Hey guess what! The government elected by the people are a party to this! Its great to see you agree that a democracy should have a say in the minimum wage.
Additionally once we start paying benefits to someone being paid too low, we as a nation have a seat at that table.
The whole fantasy that we don't is the most foolish idea ever. Its "capitalism is awesome" taken beyond the point where its rational. It always reminds me of people who drive off cliffs because their GPS says to.
Wow. A lot of nonsense in the first couple pages. If an employer is operating efficiently, he will not hire more people if he's allowed to cut pay by .50 or a dollar. That savings will go to the bottom line, not in hiring people he doesn't need.
So you don't believe in the basic economic principle that price affects demand?
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Quote:
Originally Posted by kidkaos2
You don't really understand what a false premise is. It's irrelevant whether or not someone is worth 3 dollars an hour. The 3 dollars figure is just an arbitrary number. It does not affect the logic of the argument that was made, so therefore whether someone is worth 3 dollars an hour or not is not the premise at all, much less a false one.
Try actually making a point in response to what was said instead of misusing a logical fallacy that does not apply.
His actual point was that people have skills worth only 3 dollars, so that is in fact a false premise. So next time, reread the post before trying to scold someone else.
You need to actually go back and read the discussion. the OP argues in favor of Sowell's philosophy which is that minimum wage laws hurt employment numbers. the current minimum wage is 7.25, so Sowell is arguing that we should be allowed to pay people under that amount. Is 3 dollars not less than 7.25 ? of course it is less. If you argue for no minimum wage then you are arguing in favor of 7.24, 7.00, 5.00 and so on. Also didnt argue against the 3 dollar number, at least in the context you are trying to claim I did.
Sowell is arguing a philosophical point and basing it on facts. Where are you facts disputing his facts?
You introduced the $3 figure and continued to talk about it.
If there were no minimum wage and no huge pool of illegal labor distorting the labor pool the wages in this country would be on average much higher than they are now.
Quote:
Originally Posted by VTHokieFan
I think back to high school when I was a life-guard for two summers in high school. I just cannot believe there are people out there that think that job is worth $15/hour.
You are in the wrong area obviously VT, lifeguards in my city can clear $200,000 a year
Additionally once we start paying benefits to someone being paid too low, we as a nation have a seat at that table.
So one government program justifies another? Only in a liberal's mind.
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