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Growing insecurity grips low-wage workers

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Old 08-24-2008, 05:19 PM
  #11  
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"hmm, I can think of some pilots making 20K a year. Weird you would say that on this site."

The proliferation of credit is one cause of this. Anyone could get a 75k loan to become a pilot, large pilot labor force = low wages (not quite that simple, but almost)... those days of easy loans are dwindling now that several banks are not looking so hot on their numbers. A given job is only worth what the market is willing to pay for the service, this is just basic economics. Generally 20k a year is a little low for a pilot... perhaps starting out but not average.

"I know you're aginst loans, so should I have just not went to college?"

I am against loans as an easy fix, loans (especially if they are easy to get) usually serve only to devalue by inflating the subjective product (i.e. housing market collapse). I would never disagree with going to college, student loans are slightly different (govt subsidized interest, etc)...even these should be minimal. Too much credit makes a product not worth the true value (i.e. inflation). If the price (including interest) of your student loans is less than the market value of your education (i.e. you can't get a higher paying job long term), it is not worth the loans for college.

"who is going to make that car of yours? that airplane? Come to Michigan and let me show you just how wrong you are. there us to be a time where you could make a good wage and living by doing things like making car and car parts, etc. Not anymore. Do THEY want to be out of a job that got sent to Mexico so the company can make more money for the top peoples pockets?"

A certain job is worth what the market is willing to pay for it. There is a great amount of opportunity in America, if you don't want to be a welder, you don't have to... it is what you've chosen and with that comes the market wage. Pretty soon you won't have to worry about outsourcing to Mexico... Mexico is coming to us. I agree with Neil Boortz that we should get rid of corporate income tax to help with domestic production. There are several other issues with that including tariffs,etc. If you shop at Wal-Mart you are supporting serious outsourcing..most people do it just to save a few pennies.

"A government that steals half of what you make, gives it to people who dont work, have more kids then they can afford, and then gives you the rest to pay more taxes on things you have to buy to survive"

I couldn't agree with you more. The more social programs we introduce the worse it gets. The more money we print the worse it gets. America begs for lower prices while asking for handouts.

"When they cuts wages to stay "competitive", milk does not go down."

Milk/Dairy government subsidies are a whole different story
Milking the Customers: The High Cost of U.S. Dairy Policies


"Sorry to tell you, but I think we have seen there are airlines out there that think flying airplanes is worth a low wage."

Yes, because right now flying airplanes is worth a relatively lower wage in the market than it has been. Wages will probably start to go back up.
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Old 08-26-2008, 11:25 AM
  #12  
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explain doctors please. The US gov. pays med schools not to take them because there are too many. There are more doctors than pilots. A company WILL screw its works if it has the choice.

Most, if not all of the problems today are due to the government and banks. many jobs that pay a low wage right now use to pay decent wages. You could buy a house on the average wage. The influx of banking and a government that steals from its people to help these operations out IS the problem. It will continue to be for some time to come. Also, be careful about giving corps. a tax free ticket. Though it would help, not all of that would go to lower product costs and to the workers. A lot would go to the CEO and other members of the board, etc. money flowing like wine does nothing if the wealth is not distributed well. How about get rid of the personal income tax? It's unconstitutional anyways. That way, people have more money to spend on goods and services. The PEOPLE would have more money. I believe that would be better than giving corporations a tax exemption.
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Old 08-26-2008, 01:49 PM
  #13  
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"explain doctors please. The US gov. pays med schools not to take them because there are too many. There are more doctors than pilots. A company WILL screw its works if it has the choice."


I'm not familiar with that aspect of the government, could you provide a legitimate reference? What about SWA? They make money and the employees get paid well... and they provide some of the cheapest airfare!


"Most, if not all of the problems today are due to the government and banks."

Agreed. Throw in lack of personal responsibility and declaring everything a right (i.e. health-care)


"Also, be careful about giving corps. a tax free ticket. Though it would help, not all of that would go to lower product costs and to the workers. A lot would go to the CEO and other members of the board, etc. money flowing like wine does nothing if the wealth is not distributed well."


There are dangers with this of course, however look at the other side to this... what happens when corporations face up to a 65% tax? They either move overseas (i.e. DiamlerChrysler), out source or generally pay less wages. The CEO will still make money in any case, CEOs get taxed on their salary....there are several holes in the current system excluding corporate tax. The advatage to getting rid of corporate income tax is (see FairTax book) creating a haven for foreign corporations to move to the US - creating more jobs and increasing wages. A side benefit would be reducing the embedded tax in goods (up to 22% according to Neal Boortz...and I'm not exactly sure how it will actually work out). This could potentially bring balance by the market.


"How about get rid of the personal income tax? It's unconstitutional anyways. That way, people have more money to spend on goods and services."

Agreed.
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