Wednesday, September 14, 2005, 7:02:18 PM, Paul Stone wrote: >>Mike Geary wrote: >> >>"Raise the minimum wage. It's as simple as that. Make the minimum wage in >>this country a living, family, saving wage." PS> This a defeatist proposition. Let's say a professional makes 25 bucks an PS> hour. She went to school for 6 years. She has a graduate degree. She owns PS> her own company. She can only charge what the market will bear for her PS> service. Now... let's say, a guy, working at McDonald's with absolutely no PS> education (he dropped out when he was 16) is suddenly told by the PS> government, "hey, it's okay, you can make 20 bucks an hour -- a fair, PS> living, family, saving wage." This hardly seems fair to the woman who work PS> her ass off to get where she is. NOW, instead of being 5 times richer, she PS> is 1.25 times so. Minimum wage laws certainly are unfair in that somewhat narrow sense, but it's an unfairness I'll go in to bat for PS> Now, this goes on for a few years, and what happens? EVERYONE goes directly PS> to McDonald's. Why not, it's completely economically feasible. And... it PS> punishes [certainly does NOT reward] the ambitious people. except they don't. That's the thing. If you paid the same basic wage for every job people would not all choose to be drain-cleaners or garbage collectors. PS> Now... I hear you say, well, the professional can jack her price up to 50 PS> bucks an hour, the market will bear it, everyone is making tons of cash PS> now. AND... we're back to the beginning again. It's all relative. Then the PS> people making 'minimum' wage would start crying again. we're at the beginning now (you want some stats on wage inequality?) PS> A society cannot reward everyone without penalizing a lot of people. a society cannot reward people unequally without penalizing a lot of people. PS> The reason that people in the "civilized" countries won't work for minimum PS> wage [and certainly not for below] is that it's a shit wage. They THINK PS> that they are entitled to a 'living'. Well, they ain't. For most people PS> [those not born into money] in order to have a nice comfy life, you have to PS> work hard and get a good job. you slipped up here: you should have put the full stop after "work hard". "And get a good job" gives the game away. PS> Raising minimum wage so that everyone was PS> comfortable would make a WHOLE lot of people uncomfortable. *so*? PS> bordering on the uncomfortable me too -- mailto:judithevans001@xxxxxxxxxxxxxx ------------------------------------------------------------------ To change your Lit-Ideas settings (subscribe/unsub, vacation on/off, digest on/off), visit www.andreas.com/faq-lit-ideas.html