And it would bring back sweatshops and child labor.
I find that very difficult to believe. First, what's wrong with child labor? Many people believe the lack of work ethic in many people is because they never learned how to work as a kid. I find it interesting that children can work on the family farm, but you can't hire the neighbor computer whiz kid to fix your computer for you.
Even in the days when it was legal to hire kids in factories, it was illegal for parents to be lazy bums living off their kid's paychecks.
If you actually researched the origins and history of legislation against child labor, and the after effects of it - most rational people would be opposed to legislation against child labor.
Minimum wage affects first time employment usually with no benefits.
No, it doesn't. Minimum wage affects marginally producing workers. When minimum wages were imposed, anyone who wasn't profitable at that pay was laid off. Many people lost jobs, and poverty increased. Welfare also increased.
Didn't you just see what happened with minimum wage a few years ago? We DEVASTATED an entire economy by imposing our minimum wages on them. I don't remember which pacific island it was, but they packed tons of tuna. They have a very low cost of living there, and their pay allows the local villagers to have a decent standard of living. However, they get paid less than our minimum wage. The US imposed our minimum wage on them, and the tuna canneries shut down and moved. Rather than a minimum wage increasing the standard of living as is popularly believed it would, the minimum wage actually caused widespread poverty and a decline in the standard of living.
Kathy this is greed. It wasn’t long ago he was bragging how much money he was making selling seeds on ebay.
Oh really? How much money am I making? How much should I be paying workers to weed the garden?
Did you also read that it is more cost effective for me to buy machinery to do menial tasks?
If that's greed, how rich am I getting? I'm making money, but I'm far from rich.
It wouldn’t surprise me if he was evading taxes using ebay as the agent.
What taxes am I evading? What tax liability can one avoid by using eBay?
He is obviously looking for an under the table work force.
Sounds like a good reason to buy machines to replace marginally productive workers. That sounds like many factories today.
By definition revolutions are the will of the people.
Please show me where you came up with that definition, because I have NEVER heard of a revolution defined as 'the will of the people'.
If the revolutionaries are successful then it is positive change.
Kinda like how the 1979 revolution in Iran overthrew the Shah, and they have had depression, poverty, rampant inflation, horrible civil rights, etc. ever since?
As far as minimum wage, I've seen a lot of people getting paid minimum wage and with the effort they put forth,it is probably twice what they are worth.
People that lack initiative are not my responsibility.
There used to be a common saying - the world needs ditch diggers too. Ditch digging was a low paid job that required little thinking. It was one of the lowest skilled jobs that anyone could do. People with no initiative or just plain idiots were always qualified to be a ditch digger.
Some day China will be democratic. The more the people become educated the faster it will happen. Some day Iran will be democratic.
Educated people recognize how evil democracy is. Democracy is two wolves and a sheep voting on what is for lunch. Truly educated people opt for a republican form of government with economic freedom and protection of personal property rights.
No matter how hard you work you are not rewarded for your toil.
And no matter how little you work, you still get rewarded for showing up, because you can get paid minimum wage....for as long as you have a job.
I have learned the error of my ways and know now that merit is a thing of the past.
No, there is still merit out there, especially if you work for yourself. The more you bust your butt, the more you can make. The wiser the investments you make, the more you build your wealth. That's merit.
It isn’t about hard work at all anymore.
It was never about had work. It's about working smart.
They worked eighty hours or more a week to make it.
In my younger days, I used to say that anything less than 70 hours a week felt like I was on vacation. I would work 2 fulltime jobs, overtime at both, or I was working 2 jobs and one or two part time jobs. 100 hour weeks are brutal if you do them for any extended period of time. You do learn how to make money faster than you can spend it though, which is a key economic principle to building wealth.
They took chances and invested with their paychecks.
Silver was up $1.44 today. Since the beginning of February, it's up $7.35 an ounce. (25%+) How many ounces would you need to own for your silver to increase in value as much as you made in your regular paycheck? How many people bought silver?
Tell us what percentage of the population you think is educated within its own boarders.
Within its boarders or its borders? They are different things. (What were you saying about education again?)
Persia has a well deserved reputation for being educated. They developed the first air conditioning systems thousands of years ago. IIRC, they have well over a hundred thousand miles of qanats, with incredible engineering. That's a highly educated society...of ditch diggers.