What company pays minimum wage anymore? They will not attract any employees, unless they go to high school! McDonalds starts over the minimum and so does WalMart. KayBee Toys starts over the minimum, gas stations, Pizza Hut does too. They pay an average of 2-4 dollars higher than minimum.James R said:The United States has, in general, a terrible social welfare system, compared to most first-world countries. The people at the bottom end, working for the big corporations, are not joyously happy because market forces are looking after them. Rather the opposite, in fact. These people often are forced to work two or more jobs, with long hours, just to get by. The state doesn't help them to any significant extent, and the companies pay them the lowest possible wages. These people do not have the bargaining power to talk up their wages when they deal with General Motors or McDonalds or whatever. They are easily interchangeable as far as the corporations are concerned. If one person leaves because of poor conditions, well, there are plenty more people scraping buy who desperately need a job.
People are not as expendible as you may think. It is expensive to train. This market is driven by employees, and that is why we see Mexican's picking the cotton, instead of Americans. Americans don't want low wages, so the companies either have to relocate outside of America, or bring in immigrants. All you are seeing is from the employees' perspectives. If you were in management in any time of your life, you would understand the value of an employee in America, but we are starting to choke the corporations and scare them off to foreign countries and find ways to do business cheaper just so that they can make it. We are our own worst enemy. In many respects, closing the borders will help this economy.
My wife and I have two kids, I have two jobs and she has one. Together we only pull around $50,000 and we are going from paycheck to paycheck, scraping by, behind on many bills, and all!
What can the government do to help me out? Lower my taxes, and let me keep more of the money that I bust my butt for! How do we pay for it? Cut government programs! What the heck is NASA good for? Privatize space exploration, there is money to be made there. Let the rich dump millions of dollars into the economy for a trip to the moon, or a weekend getaway. Build a stinkin hotel on the moon! Give incentive for the rich to spread the wealth in a healthy way by offering new products and services like this.
You have a point about this. I don't know how some execs sleep at night on their lush weekend home, when the grunt is sleeping on a hard floor and eating macaroni and cheese. It is their money, but corporations should maybe make some upper exec cuts before the grunts. If they get ticked about it and leave, good! That leaves room for someone who will do the job and a fair wage.James R said:Meanwhile, the executives at the tops of these corporations are being paid obscene sums of money, in the tens of millions of dollars per year. Somebody (perhaps you) said above that this works out to $12 an hour, once you take in all the long hours the poor overworked executives put in. You do the math, with a salary of $10 million, say.
Rampant capitalism is bad and the only way to stop it is to either become more socialistic, or to have more personal responsibility. You can't make people be responsible, so we have to alternative than to become more socialistic, don't we? Religion (Christianity) is not doing its job anymore and teaching responsibility, so what can we do to replace it, because attitudes begin at home. This should be a more free market, but it will only work if massive consumption/rampant captialism takes a back seat. I believe that people can wake up and become the America we were hundreds of years ago. I'm not talking about slave labor, I'm talking about the people who abolished slavery. The people who had a dream that we can be a great nation and willing to do what it takes to contribute to the dream, even if it means working the factory until the day you die so that your children can have a better life, and not expect the government to fix things! It begins with the American people's attitudes.James R said:The assumption by many in this thread that rampant capitalism is necessarily good in and of itself amazes me. I suppose it's strongest in those who remember the cold war, when any hint of communism was considered a danger to the American way of life. There seems to be a great faith that if you let the Market or the Economy rule, everybody will be happy. Forget social welfare. Forget giving people a hand up. Forget free education. If people born into poor circumstances can't drag themselves up out of poverty
There is no such thing as a "free education" Someone is picking up the tab, instead of that person working the factory to get the education. You only fail when you fail to try again. We have trained the poor to get handouts, instead of giving them a job. What happens when you keep feeding that squirrel outside your house? Eventually that squirrel may die if you stop feeding it. They can't drag themselves out of poverty if they stop trying. You can do anything you put your mind to. That is the attitude we've lost, and it will be the end of America as we wanted it to be if we don't wake up. We will have no choice, but to become socialist. That may not be a bad thing, but I don't want it if we can help it!