Why are people on ET so against a decent minimum wage

[maninjapan]

WEll Australia must just be lucky then. Healthcare, how many years in a row of sustained economic growth??, low unemployment and all done with a minimum wage, now fancy that!!

 

[fearless9]

Quote from nealvan:

Hey look here USA is number 1!
I think it shouldn't be an issue to you now should it? You started this thread just to make trouble and you have no concept of the differences in the 2 countries. US bad UK good. Your last paragraph you intentially leave a very negative bias with blatant remarks. It's clear you don't understand how our system works in our good country. You just cherrypick a few things and leave out all the positive things in the US economy. Look nobody is abused in the US. I know you come from a dainty country but it's little more tougher here and you have be able to earn to receive. Too much charity will make us weak. We have enough problems why don't you voice your own problems with the UK and quit stirring up problems here. You haven't even been to all the states in the US so you don't even know from a practical standpoint of view. Your stand point of view comes out of some British colonial peasant working at a soup factory. No, no, no there's alot more to it than that.

gracias nealvan,

You are highly entertaining.

regards
f9

 

[ProfLogic]

Quote from Smurfie:

Hi ProfLogic

You seem to have me confused with someone else. I don't have other handles and this is the second thread I've responded to ever. I usually post in Forex forums and not ET (as my post count shows). If you checked, you would see the little "August 2004" close to my handle.

I'll accept your apology of course, but in the grander scheme of things, I'm not sure how these mistakes of yours bring the discussion forward.

Cheers,

Smurf

Check out a person named "Marketsurfer" and look at his posts.
You could be twins.

Merry Christmas!

 

[Smurfie]

Quote from ProfLogic:

Check out a person named "Marketsurfer" and look at his posts.
You could be twins.

Merry Christmas!

Oh my .. .the guy has over 10,000 posts. I'll happily take your word for it!

Happy Christmas to you too /Smurf

PS: Are you sure you're not just going by the rhyming surf/smurf?

 

[rcanfiel]

Quote from ProfLogic:

Check out a person named "Marketsurfer" and look at his posts.
You could be twins.

Merry Christmas!

Funny, you seem to be twins with someone in the psych ward

 

[JimmyJam]

Quote from Smurfie:

What am I not seeing? If it's because there're loads of other variables in play, does it really make sense to discuss minimum wages in isolation from other factors?

Cheers,

Smurf

No it doesn't.

But that's really the whole point, isn't it? You have to see everything as part of the whole, then you can really understand what the thought process is and where people are really "coming from".

Nice of you to notice.

JJ

 

[ProfLogic]

Quote from rcanfiel:

Funny, you seem to be twins with someone in the psych ward

There is that large sucking sound coming from the internet again. What is your real name again?

 

[Vinny1]

Quote from dandxg:

Many whom trade believe strongly, and so do I, that the US is one of the best countries to be an entrepreneur, whether that be day trader or small business owner. Europe is better for employees and America is better for business owners. My 2 cents worth

India is even better than America for American business owners.

 

[JB3]

Having a higher minimum wage could just mean higher cost of living. So if we raise the minimum wage to $10, then it'll just raise gas prices to $5 per gallon (hehe, what's the pikers in good ole England paying now?), and raise other product costs. Passing the cost to the consumers. In the end, England is no better than any other country. Sure, minimum wage can be higher, but also expect the cost of living to rise with it. I think you should look at quality of life instead of minimum wage, but then you wouldn't have much of a case, now would you? Run along.

 

[syswizard]

Quote from JB3:

Having a higher minimum wage could just mean higher cost of living. So if we raise the minimum wage to $10, then it'll just raise gas prices to $5 per gallon (hehe, what's the pikers in good ole England paying now?), and raise other product costs. Passing the cost to the consumers. In the end, England is no better than any other country. Sure, minimum wage can be higher, but also expect the cost of living to rise with it. I think you should look at quality of life instead of minimum wage, but then you wouldn't have much of a case, now would you? Run along.

Exactly. Let the MARKET set the minimum wage. I would take a gander that it is much lower in this job market than most people would realize.
Laws and regulation mess with the natural free market.
In the long run, this is not good.