No it's not. It's not at all and it's annoying that you still think that after we spent days beating the subject to death, ad nauseum. I know everyone else on the list is sick of the subject.
I did explain it, but you were too busy constructing straw men to listen. You can't get into Dickens, or something, you said. Look, you can't outsource service jobs. If you think I think 7-11 would disappear you really haven't been listening. Not only would it not disappear, it would drive smaller convenience chains out of business, and the walmartization of america would ramp up a few more notches. Short of legislation, there is no point of equilibrium for the low end of the labor market and there never will be while the standard of living below the border is so much lower than ours. You might think diminishing wages are a fine thing, and so they are for the stock price, but the point is that the United States has already decided to have a price floor for labor. If you argue that, you remain firmly in the nineteenth century. My position is that since there is one, it might as well be realistic. None of the above analysis should be construed as approval of any part of this reality, nor as a manifestation of a desire to discuss this further. I merely correct your mis-statement of my position. Dana On 11/3/05, Gruss Gott <[EMAIL PROTECTED]> wrote: > > > Dana wrote: > > Gruss you know I get really tired of you putting words in my mouth. > > Lucky I didn't do that then! Notice that I said you "might say" not > you "would say". But either way, I apologize if you took offense - I > didn't mean to put words in your mouth; it's just that's a position > you've taken in the past. > > > It would be nice if we could all be knowledge workers but unless you are > > prepared to give up midnight trips to 7-11 you cannot magick away the > > presence of an underclass > > This is where we disagree: you have this assumption that if we did > away with a minimum wage 7-11 would disappear. The economy has the > ability to absorb millions of new market driven jobs for all of the > people now trapped by minimum wage. In fact this has already happened > in the 70s and 80s when women joined the work force. > > To convince me that it's a good idea to have the government messing > with the employment market, you'd have to explain the market failure > that occurs for lower skilled jobs. > > And there might be for certain areas, but certainly not in any city > above 100,000 and my guess is businesses would have to self-impose a > minimum wage. > > Europe is facing much the same problem with those that are pushing > away the market vs. those that aren't (From The WSJ): > ------------------------------------------------------- > Europe may be stumbling into a new period of decline just at the time > when it should be building upon the most promising era in its long and > bloody history. > > It is not responding well to the challenges of a rising China and > India, nor is it harnessing the factors behind its current success -- > the continent-wide spread of peace, democracy and market-driven > prosperity. A epic battle has begun between those European forces that > understand globalization's requirement for dramatic change and those > holding it back. > > The problem is that the recalcitrants too often have the upper hand > and are blocking progress that endangers the greatest geopolitical > achievement of the 20th century's final half: Europe's unification > after the Soviet collapse and its still-expanding realm of free > societies and markets. > > Those were among Lech Walesa's most compelling warnings during a > recent stop he made in New York. > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| This list and all House of Fusion resources hosted by CFHosting.com. The place for dependable ColdFusion Hosting. http://www.houseoffusion.com/banners/view.cfm?bannerid=11 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:179740 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
