Posted on 03/25/2014 3:15:31 PM PDT by Oldeconomybuyer
don’t forget to ask for the saddle and bridle too while you’re at it.
One critical fact is missing from this discussion.
In the USA, we have deliberately imported a MASSIVE oversupply of cheap foreign labor.
We have at least 7 million illegal foreign workers, because the laws are not enforced.
We issue at least 1 million new Green Cards each year to legal foreign immigrants.
We issue or renew 750,000 work visas each year to legal foreign workers.
The law of supply and demand is ALWAYS enforced.
When there is a surplus of labor, wages and salaries go down, unless the government artificially pumps them up.
We’ve imported a lot and labor...and we’ve also massively added to the cost of labor in administration and non-cash benefits, while diminishing the profit impetus that inspires businesses and people to invest in said labor.
We’re hitting it from every side.
Piker! The minimum wage should be at least $500. an hour, how is a fifty foot yacht not a basic human right? People should not have to drive a Ford Fusion, they should have at least two Lexus, a four wheel drive diesel superduty pickup and a motor home. Every burger flipper should have at minimum a five thousand square foot McMansion.
If this post needs a sarcasm tag a pig needs a Sunday school book.
I don’t think kids were that illogical when I was in eighth grade. They had already been exposed to the real world.
“I would like some estimates grounded in real numbers. How long?”
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I estimate about fifteen more minutes, maybe less.
Good point, in 1971 I worked for a short time at an employment agency. I learned a lot but made very little money there. One fellow in his early forties came in unemployed and looking and wanted me to find him a job with a “livable” income. He told me that he had been, “tryin’ tuh make it on two hunnerd a week.” At that time in South Carolina two hundred dollars a week bought at least as much real estate and groceries as two thousand a week does now but this character claimed he had been struggling to live on that. In reality I doubt that he had ever made two hundred in one week. After he left I told a coworker that if I found a job that guy could qualify for that paid more than two hundred he would never hear about it because I would be applying.
Instead of increasing the gap between zero dollars and a wage, she could call for pension relief, a property tax expiration date (your mortgage is paid off in 30 years, but your property taxes are never paid off), and an energy push with petroleum and nuclear. All those would provide growth and tax relief.
The poor face the highest percent costs for food, housing and energy. Those three areas are the most government heavy aspects of our economy. Now toss in health care.
Then, on top of that they even taught about communism and how it quells personal incentive, produces poor efficiency and causes lack of opportunity and equal misery etc.
Now, we slide toward communism because they don't teach about it.
Well, it stinks, and were not even all the way there yet... they call it socialism...I call it conditioning the masses for the acceptance of slavery...the mass suicide of hope. communism is slavery for the worker and poison all around unless you belong to the ruling class.
bkmk
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