Posted by Louise on 9/2/2009, 4:50 pm, in reply to "Re: How sad if much needed health care reform doesn't pass because of this"
Sadly, the inflation of housing prices in the late 90's to 2006/7 far outpaced a living wage where I live.
Minimum wage in California is much higher than the national average, but it is not a wage a person could live on.
Sadly, not every person can afford a college education. Financial aid covers a minimum, and living takes lots of expenses.
I would rather see the money being put forth for "heath care initiatives" be put forth in providing post-secondary education so people can get jobs that provide them with insurance benefits. Unfortunately, government screws education too, because they are in the business of government not education.
--Previous Message--
: One of the worst forms of government
: intervention is the minimum wage and part of
: the reason I didn't shed any tears for Ted
: Kennedy was that he was constantly
: advocating for a higher minimum wage.
: $7.25/hr. is outrageous. Just a little over
: 2 years ago, the minimum wage was $5.15/hr
: which I thought was too high. That means
: workers without high school diplomas
: received a 40% increase in just 2 years.
:
: --Previous Message--
: When businesses take government handouts,
: then
: absolutely does the government have a right,
: and the responsibility, to address issues
: such as this. In the absence of such
: government assistance (which I wholly
: opposed from day 1 as it is an affront to
: the tenets of free market capitalism), then
: private corporations are free to do as they
: wish, regardless of how ostentatious their
: actions might be. Frankly, I wish greed
: weren't such a prevailing factor. I wish
: American executives earned pay more in line
: with their counterparts in Europe or Japan.
: But I do not support the government stepping
: in to regulate pay. Again, free market
: capitalism is far more productive (and yes,
: subject to abuses) than other forms of
: economies.
:
: JR
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