Can Anyone Define What a "Living Wage" is to me?

[AlabamaPaul]

I'm sensing stupidty. Meanwhile, aside from senses and such, anything ain't being supplied, you know of?

I would suggest some anti-stupidity compound. Yes, a vibrant economy that would be able to absorb excess labor...

 

[Sisyphus]

I would suggest some anti-stupidity compound. Yes, a vibrant economy that would be able to absorb excess labor...

So we're short of a supply of folks buyin' stuff, yer thinkin'?

 

[AlabamaPaul]

I am aware of the problems with starting and trying to maintain a small business. Get busy and have kids who can slave for you, and make sure their kids can too. Lot's of Asian, Indian, and South-east Asian immigrant families do this, very successfuly. That way you only have to worry about providing for your family out of their labor, and not have to depend on someone else for it.

Unless you're willing to restrict the growth of your business in that manner, you might have to hire others. Personally, my family is not large enough, nor does it have all the skills we require, for ours...

 

[AlabamaPaul]

So we're short of a supply of folks buyin' stuff, yer thinkin'?

No, it's just not that simple as we have buyers with enough resources to create a trade deficit...

 

[polgara]

I would suggest some anti-stupidity compound. Yes, a vibrant economy that would be able to absorb excess labor...

AP, if such a compound is available, could you direct me to the company that makes it? I'll buy a bunch of shares, knowing it's going to be a winner! :2bow:

 

[Sisyphus]

No, it's just not that simple as we have buyers with enough resources to create a trade deficit...

So more trade deficits is the goal? Hmmm?

Where might I buy a compound that'll make you go away?

 

[Sisyphus]

No, it's just not that simple as we have buyers with enough resources to create a trade deficit...

Anyway, back to supply-side: what supply is lacking that we need to solve the terrible shortages with tax cuts and such for producers?

 

[Captain Adverse]

Unless you're willing to restrict the growth of your business in that manner, you might have to hire others. Personally, my family is not large enough, nor does it have all the skills we require, for ours...

Well, since you can't grow your own free labor force who benefit by sharing in the profits when you feed, clothe and house them...

be willing to PAY people, who do not owe you anything else BUT the labor you PAY FOR, a wage THEY can live off of.

 

[AlabamaPaul]

So more trade deficits is the goal? Hmmm?

Where might I buy a compound that'll make you go away?

You really are having a bit of trouble tonight. Your post indicated we lacked demand, and I responded the demand was sufficiently large enough to maintain a trade deficit which in turn removes assets from the private sector of the economy...

 

[AlabamaPaul]

Anyway, back to supply-side: what supply is lacking that we need to solve the terrible shortages with tax cuts and such for producers?

When you show me where I have posted anything resembling this, I'll respond to your concerns...

 

[Bonzai]

Free, not fair, trade agreements? Oh, good evening BTW...

That certainly was a factor. But the absurdly massive expansion of illegal workers in this country was fueled by blatant flaunting of the law by employers and zero enforcement of the law by those institutions entrusted with such functions. A country that is harnessed by industrial trade agreements does not experience a simultaneous boom in other sectors on such a scale without either the citizens accepting a drastically reduced pay rate or the widespread and flagrant use of workers who are not citizens....................

 

[polgara]

Unless you're willing to restrict the growth of your business in that manner, you might have to hire others. Personally, my family is not large enough, nor does it have all the skills we require, for ours...

In my family, I have the home building, education, and health care areas covered. All I need are some lawyers and CPAs! A casino owner would be nice, too. :lamo:

 

[AlabamaPaul]

Well, since you can't grow your own free labor force who benefit by sharing in the profits when you feed, clothe and house them...

be willing to PAY people, who do not owe you anything else BUT the labor you PAY FOR, a wage THEY can live off of.

Why should we or any other business pay more than the skills someone brings to the job opening? FYI, we employ no one at minimum wage...

 

[AlabamaPaul]

That certainly was a factor. But the absurdly massive expansion of illegal workers in this country was fueled by blatant flaunting of the law by employers and zero enforcement of the law by those institutions entrusted with such functions. A country that is harnessed by industrial trade agreements does not experience a simultaneous boom in other sectors on such a scale without either the citizens accepting a drastically reduced pay rate or the widespread and flagrant use of workers who are not citizens....................

As I believe you reside in the NE, I would suggest you contact the members that represent you in DC to vote against any form of immigration reform...

 

[Captain Adverse]

Why should we or any other business pay more than the skills someone brings to the job opening? FYI, we employ no one at minimum wage...

Really? Are you saying you currently pay your employees over minimum wage? That's wonderful...what are you arguing about?

 

[AlabamaPaul]

Really? Are you saying you currently pay your employees over minimum wage? That's wonderful...what are you arguing about?

The government has no business in trying to set a wage floor any more that it should set a wage ceiling. It's not their purview...

 

[Bonzai]

As I believe you reside in the NE, I would suggest you contact the members that represent you in DC to vote against any form of immigration reform...

Unfortunately, the scale of these practices has resulted in actual demographic changes, which I, as a nonpolitician, am not qualified to judge in regards to what would be the best policies henceforth.........................

 

[Sisyphus]

When you show me where I have posted anything resembling this, I'll respond to your concerns...

No need. And my many apologies for assuming from your post that "more productive output" meant you wanted more supply, ergo supply side.

I think it's nonsense, too. So I'm delighted we agree that supply-side is hogwash. Kudos, Pauly.

 

[AlabamaPaul]

Unfortunately, the scale of these practices has resulted in actual demographic changes, which I, as a nonpolitician, am not qualified to judge in regards to what would be the best policies henceforth.........................

If you choose to accept that those demographic changes resulted from illegal immigration, then supporting amnesty is not logical...

 

[Sisyphus]

You really are having a bit of trouble tonight. Your post indicated we lacked demand, and I responded the demand was sufficiently large enough to maintain a trade deficit which in turn removes assets from the private sector of the economy...

Yes; I believe businesses need more customers, smaller businesses especially, who depend on the domestic (often from within their communities) market. Are you saying they have enough business already?

 

[AlabamaPaul]

No need. And my many apologies for assuming from your post that "more productive output" meant you wanted more supply, ergo supply side.

I think it's nonsense, too. So I'm delighted we agree that supply-side is hogwash. Kudos, Pauly.

No policies can be considered without a basic understanding of our monetary system, be they supply or demand driven...

 

[AlabamaPaul]

Yes; I believe businesses need more customers, smaller businesses especially, who depend on the domestic (often from within their communities) market. Are you saying they have enough business already?

Do you believe these small businesses are buying solely "made in the USA"?

 

[Sisyphus]

No policies can be considered without a basic understanding of our monetary system, be they supply or demand driven...

So monetary policy in the US or elsewhere overrides supply and demand? How so?

 

[Captain Adverse]

The government has no business in trying to set a wage floor any more that it should set a wage ceiling. It's not their purview...

I see, so you are arguing as a matter of principle. You believe that businesses will offer a decent wage on their own initiative without government interference, is that it?

This despite all evidence of prior history to the contrary when our society did not have a minimum wage prescribed by Federal law?

Hmm, perhaps you're right and times have changed. Maybe if we got rid of minimum wages then businesses in the main would act with enlightened self-interest by paying decent wages and reasonable benefits, re-introducing major industry back into the USA, stopping their out-sourcing of jobs to over-populated foreign states where sweat-shop labor is dirt cheap and there are no constricting Federal wage, safety, or environmental regulations....

Perhaps...but I doubt it.

 

[Sisyphus]

Do you believe these small businesses are buying solely "made in the USA"?

No. That's ridiculous. But many small businesses indeed rely on close-in markets. The corner gas station is not filling the tanks in cars in Zimbabwe.