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To: Marxbites
It's amazing to me that the libs think some magic number will make the value of entry level labor worth more. Money is just a symbol, it lets you trade your labor for an amount of goods and services. Your labor is worth what someone will trade in goods and services for your labor. My guess is minimum wage earners will always have trouble supporting a family on their salary, won't be purchasing Tiffany diamonds, etc, because no one would directly give someone with no skills that level of compensation. Setting some "magic number" you have to pay them means either inflation rises (so they get the same level of goods and services) or nobody hires them (because nobody will trade that level of goods and services for low skill labor.) Rocket science this isn't.
16 posted on 05/03/2006 12:39:30 PM PDT by justanotherfreeper
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To: justanotherfreeper

Good on ALL of you! Thanks for your considerable logic.

Yesterday I posted an article on the Rockefeller created CFR, and how they've positioned their members in every Whitehouse & Cabinet (ex-Ronnie) since WWII, and all I got was tinfoil hat crowd flames and the idiot treatment.

What gives here at FR, too few with too little self serving non-public education???


18 posted on 05/03/2006 12:48:02 PM PDT by Marxbites (Freedom is the negation of Govt to the maximum extent possible. Today, Govt is the economy's virus.)
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