At 04:16 PM 1/23/02 +0100 Baardwijk, J. van DTO/SLWPD/RZO/BOZO wrote:
>> Are you saying that no matter what people are paid, they should be
>> satisfied with what they receive?
>
>That would be a pretty stupid thing to do. Imagine that you get a college
>education, which causes you to build up a debt of say, USD 40,000. If you
>then accept minimum wage, how are you ever going to pay off your debt? You
>will have a hard time paying off the *interest*, let alone paying off the
>main sum.
Let's say that someone rings up a US$40,000 debt (highly unusual, I might
add - I rang up only $25,000, and I attended a fairly expensive private
school) getting a degree in Physics, and then takes a job as a High School
Science teacher.
She should not then expect to be paid a higher amount as a teacher simply
because of the amount of debt that she has. She should be based on the
value of her work, and how much the community values the service of
Teaching High School Science.
Therfore, I would argue that your example is meaningless, as the worth of a
worker is not determined by the amount of debt that one has.
JDG
__________________________________________________________
John D. Giorgis - [EMAIL PROTECTED] - ICQ #3527685
"Our campaign against international terrorism does not represent some
sort of 'clash of civilizations.' Instead, it is a clash between
civilization and those who would destroy it." -Amb. Richard N. Haass