03-20-2013, 12:18 AM
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Nice Kitty
Industry Role:
Join Date: Sep 2002
Location: The good old USA!!!
Posts: 21,053
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Quote:
Originally Posted by Gozarian
Wow, Im honored!
Leopards never change their spots, this shouldn?t require too much mental gymnastics but with you it might require a lobomoty.
The world can be a hard place. But economic laws are not much different from physical laws such as acceleration due to gravity. Death or injury from a fall can be a tragedy but passing a law revoking gravity would not help. Setting a minimum wage rate gives the illusion of helping marginal workers, but in reality, it works to fuck them in the ass by denying them the chance to begin work at a low rate and prove themselves in the market place. It is an illusion that minimum wage laws can help those for whom it is said to be designed. Reality is real and has consequences regardless of your wishes, hopes or sense of fairness. For the government to deny people the opportunity to exchange their labor below a certain wage rate is simply wrong and harms poor people the most.
All prices fluctuate; or, at least they should be allowed to. By imposing a "minimum wage," the government has sabotaged the market process and hurt more than they have helped. That is totally arbitrary. Economic conditions are dynamic, not static. They are subject to constant changes and transformations. Politicians and governments do not like this. You cannot "fix" prices for labor or anything else without short circuiting economic activity.
Some people would rather have higher wages to feel better about themselves. The result is unemployment, jobs going to other countries, a youth that is unable to create a work ethic and work history, employers that are stuck with a substandard work force to choose from and a dependent class that are victims of those that think that their emotions can alter reality.
But carry on, upon passage the soup line beckons.
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Pigshit.
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