I once believed in utter market contolled free enterprise...but when I think about all the money Walmart makes and the percentage the lowest employees get...I'm outraged. When I think of engineering firms or law firms, if their company is successful their employees share in that success; their employees also share the failure.
JUST BECAUSE something CAN be done...does that make it right?
Just because these service, low-skill oriented jobs can pay every worker minimum wage, is it right? I used to believe that the market would determine the wage and that certain businesses would pay their workers what the workers deserved; in many markets this is true. The context that I'm looking at are those markets that are dominated by very successful organizations.
There must be some solution. Namely, because everyone can't be: a technical worker, professional worker, or government employee. As a matter of fact, I'm going to be an air traffic controller. I'm not an economist or accoutant or professional businessman so I don't understand every element involved with gigantic corporations. But think about this, one family, the owners of Walmart is worth near 100 billion dollars.
I'm not suggesting that every successful person give their money to government...I'm suggesting every successful CORPORATION give MORE of that success to their workers.
My concept of a perfect pay system.
When business is good...employees share the wealth (comparatively), and when business is bad...employees share the loss. Just that simple.
1 posted on
02/26/2004 2:06:43 PM PST by
Kenautry
To: Kenautry
Is cooking a hamburger patty and inserting the meat, lettuce and ketchup inside a bun a manufacturing job, like assembling automobiles?Um, no.
To: Kenautry
But think about this, one family, the owners of Walmart is worth near 100 billion dollars. So?
4 posted on
02/26/2004 2:13:29 PM PST by
facedown
(Armed in the Heartland)
To: Kenautry
It's ideas like this that give Democrats hope.Take this genius out into the woods. Shoot him and call it improving the breed.Republicans survived calling ketchup a vegetable, I don't know if they'd survive calling making a Big Mac manufacturing. It never helps to look ridiculous.
5 posted on
02/26/2004 2:16:39 PM PST by
xkaydet65
To: Kenautry
Namely, because everyone can't be: a technical worker, professional worker, or government employee. But every single American believes his or her can and should be. And *that* is why there will always be a need for an economic underclass. The Dem's know this and choose to exploit them via the unions or as political pawns in the case of illegal immigrants. It's all a scam.
Perhaps on some level we're fortunate there are so many underachievers and drop outs. Or are we?
7 posted on
02/26/2004 2:21:21 PM PST by
newzjunkey
(NO on 55 & 56 -- YES on 57 & 58)
To: Kenautry
Is cooking a hamburger patty and inserting the meat, lettuce and ketchup inside a bun a manufacturing job, like assembling automobiles?![](http://images.google.com/images?q=tbn:v21JQHy8SdQJ:www.cnn.com/2000/US/02/16/energy.oil.01/link.bill.clinton.jpg)
"Well, I guess that depends on what the definition of 'manufacturing' is."
It a good thing we have Republicans now, otherwise we'd be stuck with dishonest politicians who parse meanings of words for political advantage!
8 posted on
02/26/2004 2:21:23 PM PST by
freeeee
("Owning" property in the US just means you have one less landlord)
To: Kenautry
![](http://members.shaw.ca/victoriausa/SaberCrouch.jpg)
But the presidential report points out that the current system for classifying jobs "is not straightforward." The White House drew a box around the section so it would stand out among the 417 pages of statistics. "When a fast-food restaurant sells a hamburger, for example, is it providing a 'service' or is it combining inputs to 'manufacture' a product?" the report asks. "Sometimes, seemingly subtle differences can determine whether an industry is classified as manufacturing. For example, mixing water and concentrate to produce soft drinks is classified as manufacturing. However, if that activity is performed at a snack bar, it is considered a service."
Stupid writer and stupid proofreader for this report, if this account is true. In a speech to Washington economists Tuesday, N. Gregory Mankiw, chairman of the president's Council of Economic Advisers, said that properly classifying such workers was "an important consideration" in setting economic policy.
Mankiw, of "outsourcing is good" infamy, looks like he might be getting set up here. His only quote is "an important consideration," yet the NYT is trying to link it directly to the quotes from the report. So does every other article I found on the subject... Special Ed Administration Cornell Daily Sun - Feb 25, 2004 ... written by Chairman of the Council of Economic Advisors N. Gregory Mankiw, is presented ... In a speech to Washington economists Tuesday, Mr. Mankiw was blunt and ...
Quaqmire World Mother Jones, CA - Feb 22, 2004 ... In a speech to Washington economists Tuesday, N. Gregory Mankiw... said that properly classifying such workers was 'an important consideration' in setting ...
Bush Wants to Classify Fast Food Worker as a Manufacturing Job ShortNews.com - Feb 23, 2004 ... N Gregory Mankiw, Council of Economic Advisers chairman, says this is "an important consideration" in setting economic policy. Fast ...
Forest and Trees The Dominion, Canada - Feb 23, 2004 ... N. Gregory Mankiw, chairman of the president's Council of Economic Advisers, this distinction is "an important consideration" when looking at economic policy. ...
In the New Economics: Fast-Food Factories? New York Times, NY - Feb 19, 2004 ... N. Gregory Mankiw, chairman of the president's Council of Economic Advisers, said that properly classifying such workers was "an important consideration" in ...
In the New Economics: Fast-Food Factories? New York Times - Feb 19, 2004 ... N. Gregory Mankiw, chairman of the president's Council of Economic Advisers, said that properly classifying such workers was "an important consideration" in ...
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9 posted on
02/26/2004 2:21:41 PM PST by
Sabertooth
(Malcontent for Bush - 2004!)
To: Kenautry
When I think of engineering firms or law firms, if their company is successful their employees share in that success; their employees also share the failureYou obviouly have never worked in a law firm or in an engineering firm. Many of their employees are among the lowest paid anywhere. Only the partners share in the success or failure. Rarely do their employees.
To: Kenautry
Mankiw needs to stop running his sewer. He's costing Bush untold numbers of votes among people who would otherwise be inclined to support him every time he opens his lousy trap. Bush is already in trouble on the jobs and economy issue, the Rats are slaughtering him with it. If these bonehead "advisors" try a stupid stunt like this, it could very well be the final nail in Bush's reelection hopes.
12 posted on
02/26/2004 2:37:34 PM PST by
chimera
To: Kenautry
...one family, the owners of Walmart is worth near 100 billion dollars. Considering that sometime, in the beginning, the Waltons started with little or nothing, and through very long hours, hard work, smart business, investing in themselves and in their company, the business expanded and prospered beyond their wildest dreams, and is now a staple of most communities nationwide, I don't see how you cannot say, "Good for Them". That's what America is about. Same thing with Bill Gates. People may hate Microsoft and how he runs it and how it controls the market, but he built the business from the ground up. "Good for Him". And if someday you build that better mousetrap and find your worth in the Billion dollar range, Good for You.
13 posted on
02/26/2004 2:37:56 PM PST by
theDentist
(Boston: So much Liberty, you can buy a Politician already owned by someone else.)
To: Kenautry
Mankiw is going to cause Bush to lose in Nov
15 posted on
02/26/2004 2:42:49 PM PST by
raloxk
To: Kenautry
This seems logical to me. Hamburgers are a manufactured product. These products endanger the public health, so say the shyster lawyer class. The government closes down these factories to protect the public health. We start importing tofu or whatever the politically correct deem the fashionable food of the day and the government has done what it does best and that is expedite the exporting of manufacturing jobs to Asia. Not to worry because the government has already declared outsourcing healthy to the economy.
To: Kenautry
From a tax basis, food preparation is considered manufacturing. In fact, because of that classification, many companies can save $$ on utility bills from having portions of the bill regarded as tax exempt.
So, for the WH to make this change wouldn't be that much of a stretch.
19 posted on
02/26/2004 2:54:07 PM PST by
Solson
(Our work is the presentation of our capabilities. - Von Goethe)
To: Kenautry
When business is good...employees share the wealth (comparatively), and when business is bad...employees share the loss. Just that simple. LOL, you are a riot.
Fight taxes not BUSINESS. Socialism kills business and leads to these WalMart fuedal/sharecropping systems becase they tax them out of the country. Destroy socialism completley and you wouldn't have to worry about your jobs leaving. DESTROY TAXES, there is your answer in two words. No deep philosophical pondering, economic analysis about interest rates, debt or assets.... Communism fails every time, and if the government keeps getting involved in every aspect of American life, there will be another 1860
23 posted on
02/26/2004 3:04:17 PM PST by
Porterville
(I see you (o)(o))
To: Kenautry
I'd classify some of them as Waste Management.
26 posted on
02/26/2004 3:14:14 PM PST by
Paul Atreides
(Is it really so difficult to post the entire article?)
To: Kenautry
What the hell are they smoking over there? First that BS about outsourcing being good for the economy (incomplete to the point of being inaccurate) and now this! Someone's got to take a walk over this one. Sheeesh!
28 posted on
02/26/2004 3:21:12 PM PST by
Petronski
(John Kerry looks like . . . like . . . weakness.)
To: Kenautry
I suppose you prefer federal gov't control of wages and prices, soviet style. It didn't work for them and it wouldn't work here. Give it up and get a life. If all you can do is flip burgers, or work at Walmart, then go for it.
On the other hand, if life is pretty good for you, maybe you should MYOB, and stop trying to fix what ain't broke.
30 posted on
02/26/2004 5:11:26 PM PST by
Eva
To: Kenautry
There must be some solution. Namely, because everyone can't be: a technical worker, professional worker, or government employee. Virtually everyone I know has far too much self-respect to ever desire to be, much less actually be, a government employee.
The few I know who are, are almost to a man, complete dolts.
34 posted on
02/26/2004 6:13:45 PM PST by
Hank Rearden
(Never let your life be directed by people who could only get government jobs.)
To: Kenautry
Yeah and plugging in the buffer is an electrical engineering job.
36 posted on
02/20/2014 7:07:13 PM PST by
jwalsh07
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