View Poll Results: Regulations vs free market

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  • I want a command economy!

    0 0%
  • Srrong regulations

    11 31.43%
  • Mild regulations

    14 40.00%
  • Free market

    9 25.71%
  • Can't decide

    1 2.86%
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Thread: Regulations vs free market

  1. #21
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    Re: Regulations vs free market

    Quote Originally Posted by Paschendale View Post
    Not even to keep the cost of food down? Without all the rules governing food in this country, most of it would cost a lot more. Farm subsidies are primarily aimed at keeping food prices down.
    Yeah and then the government taxes these same people in order to subsidise their food. What's the point of that turnover?

  2. #22
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    Re: Regulations vs free market

    Quote Originally Posted by Canell View Post
    Yeah and then the government taxes these same people in order to subsidise their food. What's the point of that turnover?
    It's not the same group of people. The group that can't afford food don't pay taxes - except FICA.
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  3. #23
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    Re: Regulations vs free market

    Quote Originally Posted by MoSurveyor View Post
    It's not the same group of people. The group that can't afford food don't pay taxes - except FICA.
    What does it mean "can't afford" anyway? They can't afford because they agree to a low wage. If the basic necessities of life (food, electricity, etc) are more expensive and not subsidised, those people just won't work for nothing and will demand more money, thus raising the standard in their occupation. If the employer can't afford that, let him sweep the floor and wash the dishes.
    Btw, that food is subsidised from the employer's money. If the government doesn't tax him to pay subsidies to the cleaner, may be he can give those money directly to him. Lower taxes - more money - higher wages. Why should the government be involved at all (I'm not even mentioning the administrative cost to process those taxes and subsidies)?

  4. #24
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    Re: Regulations vs free market

    Quote Originally Posted by Canell View Post
    What does it mean "can't afford" anyway? They can't afford because they agree to a low wage. If the basic necessities of life (food, electricity, etc) are more expensive and not subsidised, those people just won't work for nothing and will demand more money, thus raising the standard in their occupation. If the employer can't afford that, let him sweep the floor and wash the dishes.
    LOL! That's not the realty in America - especially at this time with an 8% unemployment rate. But even in what American businesses like to call a "normal" economic climate, with unemployment at ~5.5%, you take the job at the wage offered or they'll find someone else who will. The only time workers stand a chance "negotiating" (unless it's a union) is when unemployment falls below ~5% or so.

    Quote Originally Posted by Canell View Post
    Btw, that food is subsidised from the employer's money. If the government doesn't tax him to pay subsidies to the cleaner, may be he can give those money directly to him. Lower taxes - more money - higher wages. Why should the government be involved at all (I'm not even mentioning the administrative cost to process those taxes and subsidies)?
    Labor follows the same rule as any other commodity, supply and demand. 50M unskilled jobs with 55M unskilled workers means they'll be paid minimum wage except for unique local conditions.
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    Re: Regulations vs free market

    Quote Originally Posted by MoSurveyor View Post
    Labor follows the same rule as any other commodity, supply and demand. 50M unskilled jobs with 55M unskilled workers means they'll be paid minimum wage...
    That's my point - the minimum wage will rise. First because none will be willing to work for a loaf of bread, we are not in the 19c. Secondly because employers will have more money (if the government lowers taxes if they don't give subsidies) to give as wages. Finally, there could be minimal wage set by the government (although I'm not a big proponent of that) to guarantee people won't turn into slaves to greedy employers.

  6. #26
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    Re: Regulations vs free market

    Quote Originally Posted by Canell View Post
    That's my point - the minimum wage will rise. First because none will be willing to work for a loaf of bread, we are not in the 19c. Secondly because employers will have more money (if the government lowers taxes if they don't give subsidies) to give as wages. Finally, there could be minimal wage set by the government (although I'm not a big proponent of that) to guarantee people won't turn into slaves to greedy employers.
    Unless the unemployment rate is very low there will always be people willing to work for a loaf of bread.
    Mt. Rushmore: Three surveyors and some other guy.
    Life goes on within you and without you. -Harrison
    Hear the echoes of the centuries, Power isn't all that money buys. -Peart
    After you learn quantum mechanics you're never really the same again. -Weinberg

  7. #27
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    Quote Originally Posted by MoSurveyor View Post
    Unless the unemployment rate is very low there will always be people willing to work for a loaf of bread.
    yeah people with signs on the side of the road is proof of that.

  8. #28
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    Re: Regulations vs free market

    Quote Originally Posted by MoSurveyor View Post
    Unless the unemployment rate is very low there will always be people willing to work for a loaf of bread.
    So it's their problem to learn how to make decisions. In a week they will starve and demand higher wage instead of waiting for the nanny-state to take care for them.
    Never mind, we had our statements. It's OK to have different points of view. Cheers!

  9. #29
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    Re: Regulations vs free market

    Quote Originally Posted by Canell View Post
    That's my point - the minimum wage will rise. First because none will be willing to work for a loaf of bread, we are not in the 19c. Secondly because employers will have more money (if the government lowers taxes if they don't give subsidies) to give as wages. Finally, there could be minimal wage set by the government (although I'm not a big proponent of that) to guarantee people won't turn into slaves to greedy employers.
    Canell your line of thought used to be spot on...its not anymore and heres why. Wages have not gone up, because employers can move jobs to china were just now some workers have reached 4,000 a year 10s of millions work for under a 1,000 american. No american can compete with that.
    Many jobs in america are underemployed jobs <part time etc> where you work everyday and cant make your life expenses.
    It used to work just like you outlined but thats all gone. As profits soar they still fight to keep minimum wage low and not increase it.

  10. #30
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    Re: Regulations vs free market

    Quote Originally Posted by Canell View Post
    So it's their problem to learn how to make decisions. In a week they will starve and demand higher wage instead of waiting for the nanny-state to take care for them.
    Never mind, we had our statements. It's OK to have different points of view. Cheers!
    I dont see anyone demanding higher wage and getting it...do you

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