U.S. inequality is curable

Prudent Bear ^ | 6 January 2014 | Martin Hutchinson

[RipSawyer]

Totally correct, some people, especially leftists, do not comprehend that there are some who would like to have a small income with a small effort expended but are either unable or unwilling to put forth the effort to earn a better income. Some retired people are happy to take a job at $7.25 an hour to earn a little mad money so long as no great effort is required. A higher minimum wage would eliminate the opportunity to do something of that sort. Some people just want a way to get out of the house while earning a few dollars rather than spending money. For those who crave being around people it is far better to be a greeter, even at $5.00 an hour, than to sit home and watch TV. Minimum wage laws simply destroy such opportunities without doing anything really positive for anyone.

As always, for those who think the minimum really helps people, why don’t we raise it to at least $500. an hour?

[4Liberty]

Why would we want to “cure” it?

These differences are called: price signals.

We can all be “rich.” People should select useful careers. Electrical engineering instead of women’s studies.

And if you do see income “differences” — it’s not ‘the economy’ that’s the problem. It’s your MAJOR:

If you selected a GOOD (high-yield, useful) Major, it would be a “good” economy. wouldn’t it?

;-)

But no, you selected Feminist Haiku Studies. Now you live in your dad’s basement and are still unemployed at age 40.

[CorporateStepsister]

“We save and defer to accumulate.”

This is my philosophy; I’m not a university graduate because I’m not going to take out a loan for school. Hence, I don’t have a degree, but I am debt free.

Frankly I think it’s the biggest blessing in the world to be able to say that at my age (I’m 30).