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Old 12-06-2013, 06:40 PM
 
Location: Buckeye, AZ
38,936 posts, read 24,005,598 times
Reputation: 14125

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Quote:
Originally Posted by bobtn View Post
That is why we need to insure we do not keep raising a minimum wage that is already at least Fair Market value for services rendered, since were it not FMV, those making $7.25 would already make more.

The higher it is raised, the more attractive Mr. Robot is, and the less likely Suzie the 16 year old is to get her first job.
But the problem is "fair market value" on a large scale is unsustainable in the long term. The issue is too many people are on these fair market value wages or below.

Even though Mr. Robot is attractive to stockholders now, the problem is in the future it is detrimental when more companies do that to cut costs. The issue is this can easily turn into a perceived win on a game theory decision board that turns into a total loss when the full effects happen.
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Old 12-06-2013, 06:55 PM
 
Location: NJ
18,665 posts, read 20,018,090 times
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Quote:
Originally Posted by mkpunk View Post
But the problem is "fair market value" on a large scale is unsustainable in the long term. The issue is too many people are on these fair market value wages or below..
I agree the average US skill set must be increased tremendously.
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Old 12-06-2013, 07:46 PM
 
Location: Buckeye, AZ
38,936 posts, read 24,005,598 times
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Originally Posted by bobtn View Post
I agree the average US skill set must be increased tremendously.
And how do we when they get underpaid so they cannot pay out of pocket for the training and the companies wont pay for training? There isn't much out of the necessities for Americans to improve (if she wanted to.)
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Old 12-06-2013, 07:56 PM
 
1,049 posts, read 3,017,592 times
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I'm glad I'm one of those people automating others out of a job. Not so much to cost people jobs, but because I know mine will be secure
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Old 12-06-2013, 08:01 PM
 
Location: NJ
18,665 posts, read 20,018,090 times
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Quote:
Originally Posted by mkpunk View Post
And how do we when they get underpaid so they cannot pay out of pocket for the training and the companies wont pay for training? There isn't much out of the necessities for Americans to improve (if she wanted to.)
Student loans, work 2 jobs during summer, p/t work during school year, scholarships, grants, and many states have Lottery funded scholarships.
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Old 12-06-2013, 08:23 PM
 
Location: Central Ohio
10,838 posts, read 14,973,907 times
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Quote:
Originally Posted by pvande55 View Post
Well, the ADP report showed a big increase last month. Let's hope they were more skilled, well paying, not the peanuts. Good to see the jobs requiring STEM skills are returning. They suffered greatly the past five years.
Yes, I am gushing Obama Love!

41% of Net New Jobs in November Were in Government41% of Net New Jobs in November Were in Government

41% of Net New Jobs in November Were in Government | CNS News
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Old 12-06-2013, 08:33 PM
 
Location: Buckeye, AZ
38,936 posts, read 24,005,598 times
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Originally Posted by bobtn View Post
Student loans, work 2 jobs during summer, p/t work during school year, scholarships, grants, and many states have Lottery funded scholarships.
And for those that don't they become soylent green right?
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Old 12-06-2013, 08:36 PM
 
Location: NJ
18,665 posts, read 20,018,090 times
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Originally Posted by mkpunk View Post
And for those that don't they become soylent green right?
If that is THEIR choice. Or they could work more hours than those with higher market value.
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Old 12-06-2013, 08:58 PM
 
Location: Buckeye, AZ
38,936 posts, read 24,005,598 times
Reputation: 14125
Quote:
Originally Posted by bobtn View Post
If that is THEIR choice. Or they could work more hours than those with higher market value.
Provided that they are offered to interview with the jobs. I mean look at the market right now, employers can cherry pick like it is nothing and ask for all of the purple squirrel requirements that they want. That and having the degree and at least two years of experience.
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Old 12-07-2013, 06:58 AM
 
1,256 posts, read 4,206,042 times
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"Robot mechanic" sounds like a job with a future.
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