On 10 Nov 2005 10:59:09 -0800, wrote:

Pete C. wrote:

Minimum wage laws are nothing more than politicians buying votes. Any
minimum wage increase results in a year or so of phony bubble in the
apparent standard of living while the market forces via inflation
re-balance the economy so that the net result is exactly the same work
to standard of living balance as before. The numbers go up in both the
wage and then cost of living, but the ratio remains the same.

It sounds like what you are really pointing out, without realizing it,
is that our economy can only function by exploiting some fraction of
the workforce: ie, paying them less than the cost of living.


A hint...some jobs are NOT worth the cost of living. They are entry
level jobs. They are perfect for part timers, those with other
incomes or only wishing to make a few bucks on the side. There is no
intent to "exploit the masses", but its a fact of life..that working
at a drive up window is not a career you can raise a family on. And
you are a moron if you try. Nor will the wage of that particular job
ever be enough to raise a family on.

Door greeter at Walmart..oh yes indeed..now there is a career you can
depend on to allow you to send your kids to college. Not even tips.

If that's true, we'll have a problem as soon as the various games we
play to deny it catch up with us.

The only game being played, is that of the Socialists who
think/trumpet that all jobs should provide a living wage.

Gunner

"Pax Americana is a philosophy. Hardly an empire.
Making sure other people play nice and dont kill each other (and us)
off in job lots is hardly empire building, particularly when you give
them self determination under "play nice" rules.

Think of it as having your older brother knock the **** out of you
for torturing the cat." Gunner