View Single Post
  #11   Report Post  
Posted to rec.crafts.metalworking
Buerste Buerste is offline
external usenet poster
 
Posts: 457
Default Income gap between rich and poor


"Ignoramus5662" wrote in message
...
On 2010-04-23, Buerste wrote:

Far too many people believe that low paying jobs should be
eliminated. Minimum wages are pushed up and the consequence is these
low-end jobs disappear and society supports these people with social
programs. These people are denied the satisfaction of
accomplishment and contribution and their pride is stolen from them.
Don't blame machines, that is a reaction by business to control
cost, a counterplay to political induced instability to a free
market. Is a person truly better off sitting at home collecting
government hand-outs that keep them under control and in a state of
hopelessness?


I am confused as to what you are saying.

Are you saying that, if minimum wage was eliminated, the progress of
replacing people with machines would stop? I find this to be very
unlikely.

And, if minimum wage was dropped, the wage disparity would increase,
not decrease, so I cannot see how you can blame wage control for
income disparity. It seems to be a bogus argument.

What percentage of the bottom earners are there because they just
lack the ability to be trained for more lucrative positions and what
percentage are there because of bad decisions, bad choices and
apathy? If there are no consequences because society will always
provide a big TV, food, clothing and shelter...why try?


To have a better TV, more clothing and bigger shelter?

i


I think that minimum wage laws have been detrimental to the lowest of the
low end employees, but have not had any impact on anyone else. Minimum
wage laws only affect a very small percentage of people. From my own tiny
speck of experience, I used to have a couple of min-wage guys to do gopher
work. I can't do that anymore, those functions have been eliminated or
absorbed by other people. BUT, I sure learned that not all people are
trainable for more complicated tasks! So, the couple of people that I
gainfully employed are now on the dole. That sure makes sense, doesn't it?
On the other hand, There have been times that I have offered signing bonuses
and significantly higher wages than industry standard to attract better
quality people.

My only little point is that I don't think it's always a good idea for the
gov to interfere with supply and demand in the labor market. Wages are
driven up when more jobs than people are available, not by gov decree. Wage
laws don't affect the average employee. If there were no wage laws, do you
really think wages would fall? I don't...supply and demand!