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Thread: Bush take two.

  1. #81
    AzDon
    So hypothetically, assuming I don't presently pay a living wage.... and now am forced to by President 3 hearts Kerry...
    Would you prefer to buy an inflated prop shaft coupler for $250 that's presently worth $150
    OR
    Not have a US made prop shaft coupler available to buy because I had to fire everyone and send them home to go on welfare because no one would buy my now $250 prop shaft couplers. btw I just downsized or went out of business too, so now I'm now working for low wages or on welfare.
    Or maybe now I'll just buy some couplers from mexico or china for $50 because I have to to survive.
    Sounds like a great plan. Take from the workers and give to the deadbeats.
    At least everyone will now be living in poverty together, not just the deadbeats or those who made poor choices.... whether they wanted to work or not.
    All you have to do is look around the world to see countless examples of failed and surpressed societies based on governments screwing with and dictating restrictions and rules on free markets. A living wage (whatever that is, not even sure its definable) is a great first step towards achieving just that.
    Your illustration takes the pessimistic view that there would be no upside to having most blue collar wages pushed upward by a living wage for bottom-rung people. You look at it as an increased cost for your business rather than an opportunity to reach out to a whole new batch of entry-level customers and I don't think you'll find them overseas just because they've gotten our jobs. Our jobs don't pay much overseas and, culturally, I think our style of boating isn't going to catch on anytime soon!
    I will say though, that a living wage law would have to be accompanied by protection of our consumer market from cheap foriegn products. None of our trading partners takes such a pacifistic approach to the invasion of their consumer markets at the expense of their citizen's jobs. Japan actually targets certain products for startup, governmental support and fierce protection with the full intent of invading our market, knowing that we won't try to stop them. They have built a vibrant economy by invading our market while protecting theirs. If we are to maintain our lifestyle, we are going to have to stop the invasion of the cheap foriegn products that stole our jobs. They have every right to make the stuff wherever they want, but I don't believe it's their right to expect to sell HERE!
    Anyway, back to the original subject...
    Mike- Even if you built 80K boats, I don't see how more people with a livable amount of money would be a bad thing. Entry-level boaters might start buying up all the old, neglected boats languishing in backyards and start restoring them. You know where they might get parts for these projects? Wouldn't you rather sell at retail prices anyway?
    You will only fire and send somebody home at the point that you don't need them enough to pay their wages (it's called a layoff) Thanks to our "socialist" system, those employees can apply for the "unemployment" part of their wages that the government collected from you as a condition of their employment. Since I'm sure you employ capable people, they should have no problem finding another employer that is willing to pay for their services. If not, you don't hafta feel guilty about ruining their lives because unemployment insurance assures that they won't starve.
    I'm not clear about who you were calling deadbeats, but it looks like you were implying that a person immediately becomes a deadbeat when they become unemployed. Or were you calling underpaid foreign workers deadbeats? Or maybe you were calling underpaid domestic workers deadbeats? (If they work for you and they aren't worth the wage, get rid of them!)
    As for your attack on "free market restrictions" I rebut your argument by pointing to Japan as an example of a country that had gone from a defeated military machine to an economic superpower in about 50 years by fiercely regulating everything about their market and protecting it from foriegn invasion. They made it a mission to relentlessly export while refusing imports and it has worked VERY well for them!

  2. #82
    OGShocker
    AZDon, funny you bring up Japan. The Japanese economy has been pounded since 1988. I pulled four sectors and ran a historical on the TOPIX. Follow the link to see (http://quote.tse.or.jp/tse/quote.cgi...M&histtype=CSV) the results.

  3. #83
    AzDon
    Japan would hafta fall a long way to be back to 1945.....I don't see that happening as long as Americans buy lots of Toyotas!

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