Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: Alien Gunfighter
Now your employer, ConstructCorp, decides they need to cut costs. They find Pedro, who will work for $4 an hour.

It's interesting that you chose the construction industry for your example. From 1995 to 2005, we created almost 2 million construction jobs in this country. The average earnings for a construction worker went from $14.73 per hour in 1995 to $19.72 in 2005. This increase easily outpaced the rate of inflation. Pedro may be working but he isn't doing it for $4.00/hr.

They'll get your job every time, because it costs less to hire them.

I guess you don't believe the old axiom that you get what you pay for?

Higher income for the wealthy + lower income for workers = wider wealth gap.

If you look at this graph showing the income gap between rich and the poor you'll see that, even though the gap is wider, everyone is becoming wealthier because both the top and bottom are rising to levels much higher than before.

From the Freedom Keys website:


16 posted on 01/29/2006 8:02:36 PM PST by Mase
[ Post Reply | Private Reply | To 13 | View Replies ]


To: Mase

Funny, that's not the way I hear it.


17 posted on 01/30/2006 1:56:27 AM PST by Alien Gunfighter (Is Disgusted by the Transparency of the Useless Nations)
[ Post Reply | Private Reply | To 16 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson