--- In [email protected], "Cliff" <[EMAIL PROTECTED]> wrote: > It allows people to be employed who won't have ANY job if high > minimum-wage guidelines are enforced. This will be particularly > helpful in getting teenagers or early-20s people who have little > skills back to at least some useful work. > > I think it's a great move, and I believe I understand the economics > behind it. Is it possible that you oppose it simply because Bush > proposed it?
Are you asking me, or Sparaig? > > --- In [email protected], "authfriend" <[EMAIL PROTECTED]> > wrote: > > --- In [email protected], "sparaig" <[EMAIL PROTECTED]> > > wrote: > > <snip> > > > It gets ever more-insane. Hey Bush defenders, what's the > > > rationale for THIS one? > > > > > > http://today.reuters.co.uk/news/newsArticle.aspx? > > > type=globalNews&storyID=2005-09- > > 08T233912Z_01_SPI885129_RTRUKOC_0_US- > > > BUSH-WAGES.xml&archived=False > > > > > > WASHINGTON (Reuters) - President George W. Bush issued an executive > > > order on Thursday allowing federal contractors rebuilding in the > > > aftermath of Hurricane Katrina to pay below the prevailing wage. > > > > Guess he didn't read the last part of Stossel's piece > > about the heroic price-gougers: > > > > "If this were a totalitarian country, the government might just order > > a bunch of tradesmen to go to New Orleans. But in a free society, > > those tradesmen must be persuaded to leave their homes and families, > > leave their employers and customers, and drive from say, Wisconsin, > > to take work in New Orleans. If they can't make more money in > > Louisiana than Wisconsin, why would they make the trip? > > > > "Some may be motivated by a desire to be heroic, but we can't expect > > enough heroes to fill the need, week after week; most will travel > > there for the same reason most Americans go to work: to make money. > > Any tradesman who treks to a disaster area must get higher pay than > > he would get in his hometown, or he won't do the trek. Limit him to > > what his New Orleans colleagues charged before the storm, and even a > > would-be hero may say, "the heck with it." > > > > "If he charges enough to justify his venture, he's likely to be > > condemned morally or legally by the very people he's trying to help. > > But they just don't understand basic economics. Force prices down, > > and you keep suppliers out. Let the market work, suppliers come -- > > and competition brings prices as low as the challenges of the > > disaster allow. Goods that were in short supply become available, > > even to the poor." ------------------------ Yahoo! Groups Sponsor --------------------~--> Get fast access to your favorite Yahoo! Groups. Make Yahoo! your home page http://us.click.yahoo.com/dpRU5A/wUILAA/yQLSAA/JjtolB/TM --------------------------------------------------------------------~-> To subscribe, send a message to: [EMAIL PROTECTED] Or go to: http://groups.yahoo.com/group/FairfieldLife/ and click 'Join This Group!' Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/FairfieldLife/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
