You missed the point. If the only skills someone has are those that would be considered chores outside of the workplace, one should not be expected to make a high wage.
Minimum wage rate and labors’ market prices.
- Thread starter Supposn
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You missed the point. If the only skills someone has are those that would be considered chores outside of the workplace, one should not be expected to make a high wage.
T. A. Gardner
Thread Killer
ls it their purpose or it is that they simply can't do any better? Sometimes it hard to tell whether or not someone screwed up because they didn't want to get asked to do anything again or because they are stupid.
TexanManWithPlans
Verified User
TexanManWithPlans
Verified User
T. A. Gardner
Thread Killer
I've hired unskilled help a lot over the years as day labor. There are some people that are just too stupid to even do simple jobs. One guy was hired to assist in general painting. Fired him within an hour because he was creating a bigger mess than anything. How can you be so stupid you can't use a paint brush? Or on a cable pull and you have to keep telling some of the help to lift and carry the cable bundle, not drag it so they won't damage the insulation. These are simple tasks and they usually get $10 an hour cash for doing them (with taxes etc., that's close to a $14 an hour pay rate).
Some people are just really stupid. It can't be helped it seems.
Sammy Jankis
Was it me?
it's happening. can you prove they're really trying hard to fill every position? of course they manipulate the labor market. it's naive of you to not consider it.
Yakuda
Verified User
Your telling me isn't proof. I dont doubt anything can be manipulated I just need more then someone's belief as evidence for it.
Sammy Jankis
Was it me?
ok, pollyanna. they wouldn't doooooo that. corporations are pure.
https://truedollarjournal.blogspot.com/2018/08/the-labor-shortage-myth-is-propaganda.html
Exposing the Labor Shortage Fallacy
Under free markets capitalism, there never is a labor shortage. There is only an unwillingness to shift resources to their most demanded uses because of political interference.
In an efficient economy under capitalism, would-be producers will compete for all resources (through bidding) so as to put those resources to the best, highest uses.
There are no labor shortages. There are many would-be producers who lack the buying power to bid high enough to secure enough of extant labor. How they desire to produce is inefficient. Since they can not sell at prices high enough to overcome their inefficiency, society, that is, everyone involved in voluntary exchange, have deemed what they offer to produce as undesirable.
Under capitalism, when producers can not get enough labor, they must hit upon a mechanized means (tool capital) to leverage the labor they have to get their labor to be more efficient. That is the whole point of capitalism!
Labor is merely another kind of capital to an enterpriser. Under free markets, free enterprise competitive capitalism, investors are forced to surrender shares of profits until they can secure enough labor as capital for their undertakings. Under true competition, there are very few rich and those who are rich are not much richer than those who are not.
Claiming there is a labor shortage is a fallacy, an error of thought owing to not understanding reality.
Capitalism Death Whorl
Increasing labor reduces capitalism and leads to the Capitalism Death Whorl. Those who argue for more immies argue against their own livelihoods.
Wages come from the return to capital.
Wages set all other prices.
Increasing the working-age population faster than the return to capital rate makes true wages fall (not current dollar wages).
When real wages fall, true prices fall (not current dollar prices).
When real prices fall, the true returns to capital fall.
When the true returns to capital fall, future capital investment falls.
When future capital investment falls, future returns will be lower and thus future wages will be lower.
In order to maintain profits by maintaining productivity, firms must increase the working-age population.
And with that, we return to Step 3.
Most Economists (PhD Academicians) and Politicians Simply Do Not Understand How Capitalism Works
Without capitalism, there can be no wages (e.g., much of Africa). Where there is high cap spend per capita, there are high wages (e.g., Norway). Where there is low per cap capital spend, there are low wages (e.g., China, India).
For more of my works on this important subject, check out:
UNFETTERED IMMIGRATION IS KILLING AMERICAN CAPITALISM
CURTAILING IMMIGRATION MAKES CAPITALISM WORK. ECONOMIC ILLITERATES VERSUS PRESIDENT TRUMP'S IMMIGRATION REFORM PLAN. - TRUE DOLLAR JOURNAL
ILLEGAL IMMIGRATION. WHY IT'S BAD FOR YOU AND A BOON FOR ANTI-CAPITALISTS.
CONFUSED BILL CLINTON SAYS AMERICANS NEED IMMIGRANTS. NORWEGIANS VS AMERICANS.
NAFTA? CANADIANS SHOULD PAY A 15.5% TARIFF FOR EXPORTS INTO THE USA. THE WORLD SHOULD PAY MUCH MORE.
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Slapping on paint is a simple job. Painting properly does require some skill. There is a difference between a painter and putting on paint.
The stupid ones you describe have to be given specific details a skilled worker with common sense could figure out.
Your stories have been dismissed as fiction.
Capitalism isn't broken. It's brought more people out of poverty than any other system that's ever existed. The system isn't broken because you failed within it just like a car isn't broken if you dumbass fails to put gas in the tank.
Where I live, we don't have curbside trash collection. If I choose, I can pay a capitalist based private company or continue to do what I've done and carry it to work and put it in the dumpster.
TexanManWithPlans
Verified User
TexanManWithPlans
Verified User
I'm certainly not a failure. I have a decent-paying job, I have a nice house, my IRA is worth a lot, and I'm only thirty.
But here's the funny thing. You know how you claimed that having skills means you'll earn more? Maybe my situation is unusual, but I earn more as a manager in a warehouse than I did as a welder or as a mechanic. Car mechanics are always in demand, yet the pay is awful unless you snag an elite job at BMW or something. Same with welding (not to mention the health hazards).
Quote Originally Posted by Yakuda View Post:
Right they want $15 to flip a fucking hamburger.
Regardless of what individual employers then decide, the USA will, (as it always has) economically and socially benefitted from the increases of the federal minimum wage rate. Respectfully, Supposn
Right they want $15 to flip a fucking hamburger.
CFM, I'm an old man and confident that if I do not die unexpectedly sooner, within my lifetime the purchasing power of the federal minimum wage rate will be substantially increased beyond its peak February -1968 value, thereafter annually monitored and be adjusted to retain that achieved value. Employers my then choose to pay the rate for those "chores", or invest in the developing, purchasing, maintaining and upgrading of devices to perform those chores, or the employers could do their own chores while their enterprise's competitors drive them out of business.
Regardless of what individual employers then decide, the USA will, (as it always has) economically and socially benefitted from the increases of the federal minimum wage rate. Respectfully, Supposn
You don't economically benefit by paying someone more than they're worth and teaching them that all they have to do whine to get a raise.
You must have been a shitty welder and mechanic. It also depends on what type of welding you and what level of repairs you can do on cars.
It's not my responsibility to prove YOUR claim. You didn't make generic claims you made specific ones about yourself and people you personally know.
What you say hasn't hurt me. Unless you can prove what you say, it's not fact only a baseless claim.
So much for your argument.