[quote]pittbulll wrote:
orion wrote:
pittbulll wrote:
These problems that are not new are problems all the same. And still need fixing
As far as the business going bankrupt because he giving no employment incentives is silly. That may work if we were in a job market where there are more jobs than workers,
As far as CEO�??�?�¢??s making or breaking a company, I know it happens. But most companies are not made or broke by the CEO. The market is a much bigger predictor than CEO as far as a company�??�?�¢??s success or failure
- The market fixes it. It is called “bankruptcy”.
It is a process where capital is transferred to those who can from those who cannot.
- We are in a job market where there are more jobs than workers. At least as far as the job market goes when it comes to real talent - like successfully running a million dollar company.
That is why they get incentives and those for whom there are less jobs dont.
- That is a false dichotomy.
As I have posted Nokias management decided to go from rubber booths to cell phones, so who decided which market to enter?
Also, some markets may expand rapidly, but that hardly means that YOUR company will benefit. For every Google, and Nokia there are dozen of failed companies that hardly benefit from the expanding market even though they are in the exact same market!
I think it would be a boon to the labor market if they were to start with the lowliest of jobs, which would probably be the lettuce picker, and in that special case allow the free market to work. Disallow any migrant workers to work the field and they would have to pay a wage that would attract employees and then treat the labor they do get right.
I know I am not that old, but when I grew up everybody had a job. In the sixties all mothers were stay at home. And the family lived on Dadâ??s wages
In the seventies all the Mothers went to work, and lived a little better than the sixties.
There were so many jobs the companies had to hire High School students because that was the biggest labor pool available
Now you have both Mom and Dad working and no one is getting ahead, and most are losing ground fast. Every year productivity goes up and up and up, year after year. Wages have been stagnant for middle class since the sixties. But that top one percent is making astounding gains.
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I think you know what would happen.
If you raise the wages of lettuce pickers, it would only mean that lettuce would no longer be produced in the US and then noone has a job.
If you believe that it is wrong that families can no longer live off of one income Id look to those who take away half their paycheck in the name of compassion.