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Old 11-02-2005, 11:38 AM
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beyelzu beyelzu is offline
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Default Re: First Minimum Wage Increase Since 1997 Voted Down

Quote:
Originally Posted by Darren
So the money is there, it's just not being distributed fairly. Those on the bottom of the economic ladder are already suffering, even if they work, there being no guarantee that any work they do will be fairly remunerated. Those on the top are becoming richer and richer and the gap between rich and poor is dramatically widened.
and yet if you work 48 weeks out of the year, you are almost certain to move up the economic ladder. also in america, how suffering is there by the poor. most of them own cars, fridges, color tvs, and a signigicant percentage have cable. being poor in america is not being poor romania or albania or susaharan africa. on that note, my friend cat is from romania came here when he was about 7 or 8, his mom couldnt understand that there were poor people here that were fat, because such an animal did not exist in romania.
Quote:
It is clear that some areas are worse off than others, it is these areas which need to be prioritized through economic assistance. There is little incentive in a free market economy to develop poor zones. In fact, the opposite is the case, since such zones provide an abundant supply of cheap labour.
A minimum wage, coupled with other planned measures of income distribution, could remove the precarious situation many famillies face in the U.S. - the down side Waluigi referred to being daily reality for about 40 million people in the U.S. It seems pretty clear that the free market works for some and leaves others behind (as one might expect), and that it is disastrous for much of humanity.
and yet i cant remember the last time i heard about someone starving to death in america. btw, i would love to see a comprehensive study on raising the minimum raise to see if after a brief downturn it actually helps the economy, poor people dont save money as a rule and thus spend the raise, the rich invest and save, the spending does much more to help the economy.
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