On 11/4/2011 1:09 PM, Tom S. wrote:
wrote in message
.. .

"John wrote in message
...


There is no choice ... without fair wages, we will soon look like
ethopia. In case you haven't noticed, we have made some serious inroads
to there already ... homeless, 1 out of every 6 on food stamps, printing
worthless dollars backed by air, etc.

Sit back, this will only get better, or worse ... and I ain't bettin' on
better!


So who decides what a "fair wage" actually is ?
The so-called minimum wage laws are based on the notion that there should
be a "fair" minimum wage.
And yet minimum wage laws are a prime cause of joblessness at the low end
of the scale of employees
And it also does nothing from stopping people paying less than that
legally defined "minimum wage".

The dolt is evidently unaware of the adage, "Prosperity (i.e., productivity)
leads to high wages; high wages do not LEAD to prosperity."



Actually, in 1969 I was working a Shell gas station, making ~$1.65
p/hr., I think that must have been a student wage, as I was 17 at the
time -- gas was .25 - .30 a gal, loaf of bread .15 to .25 a loaf, pack
of cigs .50 or less, six pack of beer ~.75, etc., rented a two bed apt
at 75.00 a month, etc.

Now that everything is 10x as much, that would make that $1.65, 16.50
p/hr, and like I said, I believe that was a student wage!

That would get us near to fair ... and return us to near sanity as a
society.

I can honestly say I do NOT believe I would be enjoying the retirement,
homes, cars, security, etc. I enjoy now if not for those, back then,
knowing what a fair wage is ... perhaps another method to recognize a
fair wage is one which will support what it took in past times ... my
past experience sure seems to indicate such ...

One thing I can say, and for damn sure, I would never have been able to
own my own businesses, pay others wages (fair wages) to support
families, etc. if those in business, back then, were as stupid and
confused as to what a fair wage is, at they are now! And, if I had to
compete against the slave labor being used in our prisons, the slave
labor of china and other countries, I would doubt I would have been
successful!

Most can look at that, job/employment history, and be able to figure it
out immediately ... others, it seems, will be stuck in confusion or just
trying to enslave others to work for poverty wages ... but I damn well
know, I lived it, and it wasn't easy -- today, it just looks impossible
to me ...

Regards,
JS