Today Fareed Zakaria of CNN made an interesting observation. Around four million low wage workers in this country are quitting their jobs every month. He compared the wages of unsk**led workers in this country with those in Western Europe and we were not even close. It wasn't long ago we were in first place that category. Now we aren't even in the top ten. As an example, Danish McDonald workers make over twenty dollars an hour.
Some folks believe that people are quitting their jobs because they are lazy, or why should they work when the government gives them money for not working? I admit that these thoughts have crossed my mind in the past.
Zakaria went on to say that the high wages in Europe have not hurt the economy, in fact it has boosted European economies. That makes sense if you think about it. The higher the wages, the more workers can buy, and the more taxes the government takes in. High tides boost the level of all the boats, not just luxury liners.
Here in South Carolina, minimum wages are about seven bucks an hour. Nobody can support themselves on that salary, much less their family. It's high time we treated workers more fairly in this country.

The only suitable wage is what that person brings to the success of the company, and a moderate profit level for the investers. Government workers should never be able to make more then what is comparable to that level of work in the civilian area, and what it brings.

Companies are not in business to give workers a job. They are in business to make a reasonable profit for the owners and investors, who took the risks to start the company and probably worked their asses off.

Demanding minimum wages that are beyond the level of your net worth to the company, in today's environment, just hurts the company. If it fails, you are all out of a job and the owner and investors see their investment and hard work evaporate. Everyone loses.

But you socialists think you can demand a certain return on labor, that is not earned. But the total investment that labor adds to the economic health of the company, is the only qualifying factor in play.. Everybody eventually starves, except the dictators who forced unjustified wages on companies. And the overall economy and country eventually fails.

Those are the facts and indisputable.

Logically Right

Logically, I think that paying less than a living wage is worker exploitation. You mentioned the word socialism. If you want to see socialism really take hold in this country, just continue to pay starvation wages. People that work for a living deserve to get a living wage. Since WWII, we have seen CEO compensation skyrocket while workers salary's have remained the same or even gone down. I know a CFO of a New York stock exchange corporation. He told me that corporations pay salaries according to what they think workers need, not what they are worth. Furthermore, when the board of directors v**e to give the CEO a raise, they get a raise too. How do corporations know what workers need? How can CEOs not get a raise?

Logically, I think that paying less than a living wage is worker exploitation. You mentioned the word socialism. If you want to see socialism really take hold in this country, just continue to pay starvation wages. People that work for a living deserve to get a living wage. Since WWII, we have seen CEO compensation skyrocket while workers salary's have remained the same or even gone down. I know a CFO of a New York stock exchange corporation. He told me that corporations pay salaries according to what they think workers need, not what they are worth. Furthermore, when the board of directors v**e to give the CEO a raise, they get a raise too. How do corporations know what workers need? How can CEOs not get a raise?

I call BS. Companies pay employees based on the level of talent required to perform the task. Pay rate and benefits are determined by the market; simple supply and demand. Employees accept or decline said rate and benefits. Unsk**led labor is not guaranteed a “living wage”. Their are multiple opportunities for everyone to elevate their marketability in accord with their personal ability and self motivation. I’m a firm believer that the overwhelming majority of people have the ability and access to the tools required to achieve what they desire. No one is guaranteed e******y. They are guaranteed equal opportunity.