Capitalism - DOES NOT COMPUTE.

[FaithLikeARock]

Since Republicans don't seem to like the idea of all people getting paid equal thus getting rid of the need for things like welfare, assistance and everything they despise so much, I have a solution.

We pay minimum wage jobs more.

Not only would this make it where those less fortunate who couldn't get a secondary education no longer need to live off government funding, but it's also fair. See people in jobs which pay more typically enjoy their jobs. That's why they studied it. But people in fast food usually are only working there because they have no other choice and don't enjoy it but still work hard anyway. Doesn't this mean that THEY should be paid more for providing service to people when they don't want to?

I'm 17. I work in fast food because it's pretty much the only choice I have as well as retail. And it is worth far more than the $8/hr they pay me. Imagine standing on your feet for up to 10 hours at a time, waiting on customers who will yell and moan and complain about the tiniest things which generally aren't even your fault and then getting a paycheck that will hardly pay for my car insurance let alone my rent. Let's compare this to say, an actress, who spends her day doing something which I PAY to do at school. It's fun, it's what she likes to do. And she's going to get worldwide fame and millions of dollars for it. Let's even look at the CEO. He loves his job and makes a ton of money and because business is his favorite thing enjoys every second and his paycheck will send him and his family on vacation. Now, look at this, all these are fairly corporate businesses. The difference is that first person is either too young to work anywhere else or didn't get a chance to go to school because they already didn't have the money. The other two probably did go to school. Also, the first job is not enjoyable at while the other two are very enjoyable to individual people.

Now since all these companies likely make very close to the same amount of money, why do their employees get such meager pay in the first job, but lots in the second? "Because they're educated!" Yeah, so?

This is the fatal flaw in Capitalism. It wants people to pay their way through college, support their family, work their way up the ladder and then make money either doing their hobby or doing nothing. BUT before they make this money they have to pay for school, living costs and every other necessity. Unless your mommy and daddy will pay for it, it's impossible. It's like telling the cow to make his own milk and then cutting off his utter.

So what's your take?

 

[joebudda]

You are providing a product/service in this case your time and labor. And people will trade you for your time and labor depending on the available supply and demand of others offering their time and labor. And if there are a lot of people who are qualified for the task they will agree to beat out the other guy by offering the better price for their time and labor.

Which becomes a competition with others who are willing to beat the price of the other guy.

So the more you are able to separate yourself from the "pack" the more you will likely be compensated for your time and labor. And you don't need collage to do this, I only have about 2 semesters of collage under my belt because I couldn't afford it. But that didn't stop me from educating myself. I lived out of my car reading everything I could get my hands on regarding what I am interested in. And I was able to get my foot in the door of a business with about 25 employees. I started at the bottom doing all the low man on the totem poll stuff. I kept asking for more responsibilities and took on everything I could convince them I was able to do and accomplish. Within 6 years I was pretty much running the show. And I bought the business 3 years after that. And now I am responsible for the livelihood of around 75 employees. So I am doing quite well for myself today.

All I can say is don't fall into what others tell you that you need to do. Do it your own way and with a little incentive the world can be yours.

 

[LonesomeTexan]

raise it. you'll just end up with more unemployed people anyway. that's what the leftists want. it's easy to buy the votes of the unemployed.

 

[FaithLikeARock]

Actually it would fight unemployment since it would give people a reason to work. I don't actually agree with this. I just think that if this isn't what we're going to do then we shouldn't have to pay for college.

 

[keith99]

Years ago I remember a bit about minimum wages where one person made a comment like. 'I make minimum wage and haven't gotten a raise in 8 years'. That says it all. Minimum wage does serve a purpose. It allows people to start in a job and not starve. It is their 'job' to do enough to prove they are worth more after a while.

Oh and the idea that those on the top all love their jobs and everything abouit those jobs is garbage. CEOs end up missing Little League games, Graduations and even their Daughters weddings because of company emergencies. Department heads can expect calls at 2 AM Sunday mornings if things go wrong. Sports figures play with pain that would keep most people from getting out of bed. And Actors put in 14 hour days. I've met many who love performing, but I have yet to meet anyone who loves spending 4 hours in makeup and 2 in wardrobe.

Simply put those who can do things that others can not make more money if those things have any value. Those who can only do hte things anyone can and only as well as anyone can will never rise above minimum wage, if they can get a job at all.

 

[keith99]

Actually it would fight unemployment since it would give people a reason to work. I don't actually agree with this. I just think that if this isn't what we're going to do then we shouldn't have to pay for college.

Minimum wage 8 dollars and I have a job that it will take 10 guys with shovels 2 8 hour days to do. Cost $1220.

If the same job takes a backhoe with operator who gets $25 per hour a half day to get done and the backhow rents for 1500 a day that costs me $1600 and I'm done in 1/2 day instead of 2 days. Are those 1 1/2 days worth $380? Actually very likely yes. But I still might go with the guys with shovels.

But if they make $11 per hour it costs me $1760. Hmm pay more for a job that may delay my project.

Those guys are unemployeed until there is a shortange of backhoes or operators.

There is almost always a substitute for minimum wage workers. Raise minimum wage and all those who can economically be replaced will be.

 

[LonesomeTexan]

Actually it would fight unemployment since it would give people a reason to work. I don't actually agree with this. I just think that if this isn't what we're going to do then we shouldn't have to pay for college.

Hun, it's economics. You wonder why this nation has been exporting jobs overseas? I'll let you in on a secret. It costs (legitimate) businesses too much to operate here. Increasing the minimum wage will only put more burden on employers and they will seek to cut costs by laying off people that aren't worth what the business owner is forced to pay them. But by all means, increase the welfare roles and buy some more votes with more socialist programs that in turn will send more jobs overseas. It's a vicious cycle. That's what the leftists are best at. Making Americans dependent on the state. Increasing taxes on the wealthy. Eventually, they will pack their bags. In fact, many are already leaving for China. Legendary investor Jim Rogers moved his family to Singapore. His daughter now speaks fluent mandarin chinese. More power to him. America isn't the land of opportunity or freedom any more.

What you need to do is open an Roth IRA. Make your money work for you. Get a better job. At 17, you can be doing alot more than fast food. Heck, my sister was waiting tables at a country club and bringing home $100 working a 6 hour shift. You've got to expand your mind and get out of this victim mentality. There is no one holding you back but the government itself, and even the government isn't able to steal my prosperity (yet...). I've got some hot stock picks too (I'm up over 40% on the year), but you've got to make it happen for yourself. Heck, I've already got college paid for, and I'm only 19. And mommy and daddy didn't spot me anything. And to be completely honest, I wouldn't have it any other way.

 

[FaithLikeARock]

And you think people who work minimum wage jobs don't do that? I'm luck. I'm young enough where they can't work me on holidays because of child labor laws. But I have coworkers who haven't spent a holiday with their families for years.

I repeat, I don't actually think this is a solution. But it's better than this nonsense "survival of the fittest". If you don't want to pay them more, make education free. Why is it we go through 12 years of free education only to be met with a thousand dollar price tag at the education that REALLY matters.

EDIT: It varies state to state. I could go get a job at a restaurant, but that would mean abandoning my current job which I've held for 1 year which would make me unstable since if anything happened at the restaurant, I would be jobless. Not to mention, where I live, finding a job is very difficult. Most positions for the summer have been filled and so almost no places are hiring. It would end up costing me more money to leave and then have trouble finding a new job. As for stocks, I know about as much about such things as my grandmother. My grandfather has some stocks in my name and when I'm 18 he'll hand them over to me, but from what I've seen stocks are doing horribly right now, so I doubt such an investment would help especially for someone who doesn't have a lot of business capabilities.

 

[jgarden]

Why not just reinstate slavery - but this time have the "whites" working in the fields while the new slave owners have the luxury of holding conventions, writing Constitutions and discussing such high-minded principles as freedom, democracy and equality.

 

[mont974x4]

raise it. you'll just end up with more unemployed people anyway. that's what the leftists want. it's easy to buy the votes of the unemployed.

Yep, and it's been proven every time well meaning people vote for the minimum wage hike. I wish more people would understand that.

 

[joebudda]

And you think people who work minimum wage jobs don't do that? I'm luck. I'm young enough where they can't work me on holidays because of child labor laws. But I have coworkers who haven't spent a holiday with their families for years.

I repeat, I don't actually think this is a solution. But it's better than this nonsense "survival of the fittest". If you don't want to pay them more, make education free. Why is it we go through 12 years of free education only to be met with a thousand dollar price tag at the education that REALLY matters.

Schooling isn't free. People pay for it.
And you don't need to pay for school to educate yourself. All you need to be able to do is be willing to read.

EDIT: It varies state to state. I could go get a job at a restaurant, but that would mean abandoning my current job which I've held for 1 year which would make me unstable since if anything happened at the restaurant, I would be jobless.

If you are not willing to take a risk you will never get ahead.

Not to mention, where I live, finding a job is very difficult. Most positions for the summer have been filled and so almost no places are hiring.

Then figure out what you can do that others find of value and create your own job.

It would end up costing me more money to leave and then have trouble finding a new job.

Life cost money, there is no avoiding that. But it takes risks and separating yourself from the "pack" to get ahead.

As for stocks, I know about as much about such things as my grandmother. My grandfather has some stocks in my name and when I'm 18 he'll hand them over to me, but from what I've seen stocks are doing horribly right now, so I doubt such an investment would help especially for someone who doesn't have a lot of business capabilities.

If it interests you buy a book about it, or go down to your local library and learn about it.

 

[mont974x4]

Why not just reinstate slavery - but this time have the "whites" working in the fields while the new slave owners have the luxury of holding conventions and writing Constitutions about such high-minded principles as freedom, democracy and equality.

You do realize that:

1. America did not start the slave trade, it was waring tribes selling off the losers...and it started long before we existed as a nation
2. Those evil men that made slaves count as less than a whole person did so to weaken the voting strength of the South as a means to help end slavery

 

[joebudda]

Why not just reinstate slavery - but this time have the "whites" working in the fields while the new slave owners have the luxury of holding conventions and writing Constitutions about such high-minded principles as freedom, democracy and equality.

Don't you care about individual rights? Why would you ever want to make people slaves?

 

[billwald]

Slavery has been reinstated. The poor white people are not smart enough to realize they are the new Negros.

 

[FaithLikeARock]

You ask me to take risks and then tell me to buy a BOOK to learn something?

Joe, I already question your credibility because of your conspiracy theorist nature. But I'll give you a fair chance.

Schooling is free for children. No matter what child you are, not only can you go to school but you're REQUIRED. Parents of children who aren't being schooled can go to jail. Why are children required until it matters?

 

[joebudda]

You ask me to take risks and then tell me to buy a BOOK to learn something?

All I am saying is if you want to learn about something you don't need to pay a school to teach you.

Joe, I already question your credibility because of your conspiracy theorist nature. But I'll give you a fair chance.

It is true I believe people do conspire. I have even once or twice.

Schooling is free for children. No matter what child you are, not only can you go to school but you're REQUIRED. Parents of children who aren't being schooled can go to jail. Why are children required until it matters?

School isn't free. People pay for it.
Actually it is forced onto people whether they like it or not.

And if someone decides to have a child/children they are responsible for them and should be able to raise that child/children how ever they believe to be best.

 

[joebudda]

Slavery has been reinstated. The poor white people are not smart enough to realize they are the new Negros.

Who is their owner?
And did they choose this for themselves? Or did someone threaten them into it?
Also why don't they just pick up a book and educate themselves if they believe they don't know something?

 

[LonesomeTexan]

And you think people who work minimum wage jobs don't do that? I'm luck. I'm young enough where they can't work me on holidays because of child labor laws. But I have coworkers who haven't spent a holiday with their families for years.

I repeat, I don't actually think this is a solution. But it's better than this nonsense "survival of the fittest". If you don't want to pay them more, make education free. Why is it we go through 12 years of free education only to be met with a thousand dollar price tag at the education that REALLY matters.

EDIT: It varies state to state. I could go get a job at a restaurant, but that would mean abandoning my current job which I've held for 1 year which would make me unstable since if anything happened at the restaurant, I would be jobless. Not to mention, where I live, finding a job is very difficult. Most positions for the summer have been filled and so almost no places are hiring. It would end up costing me more money to leave and then have trouble finding a new job. As for stocks, I know about as much about such things as my grandmother. My grandfather has some stocks in my name and when I'm 18 he'll hand them over to me, but from what I've seen stocks are doing horribly right now, so I doubt such an investment would help especially for someone who doesn't have a lot of business capabilities.

Hun, you are a child of God. You've got to expect more out of yourself and stop living in fear. A christian has no need to fear. God is your provider. You've got to embrace who you are, what you can be, and be faithful in the promises God has made you. You are blessed so start acting like it. Start believing it. Have some faith. Who would dare doubt God? You are 17 years old and have the entire world in front of you. Make something out of yourself and stop stressing over nothing.

Slavery has been reinstated. The poor white people are not smart enough to realize they are the new Negros.

Yup. The working poor are getting shafted by a highly regressive inflation tax. You can thank the federal reserve for screwing over the most vunerable people in society.

Who is their owner?
And did they choose this for themselves? Or did someone threaten them into it?
Also why don't they just pick up a book and educate themselves if they believe they don't know something?

From what I've been able to gather, billwald is on your side Joe. But yes, our government has coerced us into using a currency that has no real value and is created out of thin air and loaned at interest thousands of times over from the federal reserve all the way down to your local bank. Sheer genius on the parts of the men who created the system. Bad for those that aren't connected to the Illuminati.

 

[FaithLikeARock]

I am making something of myself. See the problem here is your assuming this all applies to me. It doesn't. I'm rather fortunate actually.

But many are not.

And I care enough about others. I know God provides. But I also know that we're called to help and just praying doesn't cut it. That's a big point in James. I don't see this as fairness. Believe it or not, you don't have to live in a situation to understand it or to think it's not fair. You just have to see it. God loves all His children, and as Christians we're called to help. You think going up and telling a person to make something of themself is going to help. They're nice words, but in the end they aren't going to stick.

 

[joebudda]

From what I've been able to gather, billwald is on your side Joe. But yes, our government has coerced us into using a currency that has no real value and is created out of thin air and loaned at interest thousands of times over from the federal reserve all the way down to your local bank. Sheer genius on the parts of the men who created the system. Bad for those that aren't connected to the Illuminati.

My bad.
If it was meant that government was our owner, or at least believes as much, then I would most definitely have to agree. Government does make slaves of us all.