Posted by Alan on 9/5/2009, 7:30 am, in reply to "Re: How sad if much needed health care reform doesn't pass because of this"
The minimum wage was never about fairness. It is about making workers to expensive to be legitimately hired. One of the biggest proponents of increasing the most recent minimum wage act was not surprisingly Nancy Pelosi who is from California perhaps to stop the exodus of California jobs.
--Previous Message--
: 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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