1. Computer problem? Tech Support Guy is completely free -- paid for by advertisers and donations. Click here to join today! If you're new to Tech Support Guy, we highly recommend that you visit our Guide for New Members.

Minimum/living wage

Discussion in 'Controversial Topics' started by bomb #21, Nov 4, 2018.

Advertisement
  1. bomb #21

    bomb #21 Thread Starter

    Joined:
    Jul 1, 2005
    Messages:
    8,546
    There was a post in a Trump thread about "quality of jobs" ratios. I thought it was interesting but didn't belong there, since Trump hasn't been in office 2 years so it would be a stretch to "blame" him for that.

    Anyway, here's the post ...
     
  2. bomb #21

    bomb #21 Thread Starter

    Joined:
    Jul 1, 2005
    Messages:
    8,546
  3. bomb #21

    bomb #21 Thread Starter

    Joined:
    Jul 1, 2005
    Messages:
    8,546
    It was subsequently suggested that "the solution" to 62% of jobs barely paying enough to live on is for (paraphrasing) individuals to educate/qualify themselves to improve their individual lots. My question about that is as follows ...
     
  4. bomb #21

    bomb #21 Thread Starter

    Joined:
    Jul 1, 2005
    Messages:
    8,546
    How would (example) a million Americans suddenly/collectively deciding to improve themselves over the next couple years actually lead to an increase in the number of middle class/professional jobs?
     
  5. bomb #21

    bomb #21 Thread Starter

    Joined:
    Jul 1, 2005
    Messages:
    8,546
    (it could be argued that the current occupant of the White House is sufficient proof that one doesn't need to be a genius to "get on" but that's a different matter - probably. Laters)
     
  6. Johnny b

    Johnny b

    Joined:
    Nov 6, 2016
    Messages:
    5,970
    First Name:
    John
    'Nice' dodge on avoiding the concepts of capitalism and socialism.

    BTW, 'minimum wage' and 'living wage' are different concepts.
     
  7. bomb #21

    bomb #21 Thread Starter

    Joined:
    Jul 1, 2005
    Messages:
    8,546
    Hmm. 1, I'm not an idiot. 2, possibly LW is an "evolution" of MW. 3, do we need labels? Because "The National Living Wage (UK) was introduced by the Conservatives in April 2016".

    If you don't feel like answering the question at #4, then you don't. :D
     
  8. Johnny b

    Johnny b

    Joined:
    Nov 6, 2016
    Messages:
    5,970
    First Name:
    John
    Not interested in your rant to embrace socialism, bomb.

    It simply doesn't work well as shown by extreme events in the old USSR and Yugoslavia.
    There is a point where the concept of entitlements over runs the ability to pay for them, with out harming an economy. Economic socialism is simply too inefficient to be practical.

    You can argue all you want, but economic socialism is a losing proposition even the Chinese voluntarily recognized and the Russians forced to (edit: ) abandon.

    You are only arguing to be a loser :D
     
    Last edited: Nov 4, 2018
  9. bomb #21

    bomb #21 Thread Starter

    Joined:
    Jul 1, 2005
    Messages:
    8,546
    Riiight.

    I'll just take that as "I don't have an answer".

    ...

    "All our hourly paid people earn above the national minimum wage".

    Who knew that McDonald's is a paragon of "socialism"? Bordering on communist, probably. :D
     
  10. Johnny b

    Johnny b

    Joined:
    Nov 6, 2016
    Messages:
    5,970
    First Name:
    John
    I gave you an answer but you just didn't like it :D

    And so you blather on desperately Googling for statements of support that actually avoid the differences and application of economic theories.

    History does not favor economic socialism.
    And I gave examples ....and they were much larger in scope than the chain of restaurants
    you provided :D ..... :rolleyes:


    Now I know how Brexit must have occurred :D
     
  11. Johnny b

    Johnny b

    Joined:
    Nov 6, 2016
    Messages:
    5,970
    First Name:
    John
    And now others probably understand why I have little interest in your socialist rant ;)

    'Twaddle' must be an English disease??


    :D
     
  12. Johnny b

    Johnny b

    Joined:
    Nov 6, 2016
    Messages:
    5,970
    First Name:
    John
    And as to socialist rants, few seem to realize that the left wingers don't own all the rights to the term, socialism.

    Right wingers also have their angle in abusing capitalism.

    It's called 'corporate socialism'.
    This is where profits are privatized and losses are socialized.
    In case some of our foreign members ( I'll let him remain nameless :rolleyes: :D ) don't remember, there was a world wide great recession a decade ago and it was related to corruption in the securities sector, and essentially the public held accountable for corporate losses through tax dollars supporting their recovery.
    Many examples exist.

    Anyone thinking solutions are as easy as legislating a living wage to bring prosperity is only fooling themselves. :cool:

    An interesting read:

    https://thehill.com/blogs/pundits-blog/economy-budget/268947-a-democracy-lost-to-corporate-socialism

    As far as economic models go, the US has too much socialism and not enough capitalism.
     
  13. bomb #21

    bomb #21 Thread Starter

    Joined:
    Jul 1, 2005
    Messages:
    8,546
    TBH I didn't expect one reply so - I'm "honored".

    "I gave you an answer but not to the single, precise question you posed"

    Fixed it for you. :)
     
  14. bomb #21

    bomb #21 Thread Starter

    Joined:
    Jul 1, 2005
    Messages:
    8,546
    IDKY you keep referring to "rants". If I post 2 replies to your 3 would that be acceptable.

    FTR you (from your comments) have no idea how Brexit "occurred". But you do give me an idea as to why Trump might be so popular in your country.
     
  15. Brigham

    Brigham

    Joined:
    Aug 24, 2010
    Messages:
    1,358
    First Name:
    John
    Hear hear!
     
  16. Sponsor

As Seen On
As Seen On...

Welcome to Tech Support Guy!

Are you looking for the solution to your computer problem? Join our site today to ask your question. This site is completely free -- paid for by advertisers and donations.

If you're not already familiar with forums, watch our Welcome Guide to get started.

Join over 733,556 other people just like you!

Short URL to this thread: https://techguy.org/1218718

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
    Dismiss Notice