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Old 06-16-2021, 04:55 PM   #21
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Originally Posted by lwmcguire View Post
Great way to wind up like Argentina and Venezuela

I paid 17% interest on my home loan thanks to Jimmy Carter and had to work an extra job to pay it

Devalued money solves nothing
Increasing how much you pay your workers/employees will ... turn the USA into Venezuela?

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Old 06-16-2021, 05:26 PM   #22
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Increasing how much you pay your workers/employees will ... turn the USA into Venezuela?
From someone that was born, raised and lived 36 years in a South american Country:
High Inflation is one of the tools used to drive the country to communist/socialist regimes.
Kills the middle class, leads the poor to desperation, etc...
Sustained high Inflation never happens by itself it is ALWAYS caused by the government.
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Old 06-16-2021, 05:32 PM   #23
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Originally Posted by RACarvalho View Post
From someone that was born, raised and lived 36 years in a South american Country:
High Inflation is one of the tools used to drive the country to communist/socialist regimes.
Kills the middle class, leads the poor to desperation, etc...
I am a software engineer, living in Texas. Texas companies do not offer nearly as much compensation as companies in California and New York, so I work exclusively for these types of companies.

Within these two states, specific areas offer much higher compensation that other areas. Let's focus on California's Bay Area. If CompanyA in the bay area is offering $300,000 total compensation to engineers, and CompanyB in Austin, TX is offering only $150,000 total compensation, which company do you think will get more applicants?

Does CompanyA offering higher compensation than CompanyB create "socialism"? Of course not, and I can't really believe I have to argue this with anyone because this is the core definition of capitalism:

Quote:
Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, a price system, private property and the recognition of property rights, voluntary exchange and wage labor.
If the farmer neighbor is not getting enough applicants for compensation offered, they need to raise how much they are willing to pay their workers. This is basic stuff.

edit: It occurs to me that you may be confusing where the increased compensation would come from. I have made it clear it would be the _farmer neighbor's_ responsibility to increase how much they offer workers, not the government. I'm really unsure how socialism comes into a conversation involving two private parties negotiating how much they are willing to pay vs how much they are willing to work.
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Old 06-16-2021, 06:04 PM   #24
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...Does CompanyA offering higher compensation than CompanyB create "socialism"? Of course not,...
Very, Very shallow evaluation of the root cause of the situation Mr. Engineer (I'm a engineer myself BTW) and a demonstration that the "Venezuelization" of America is working for middle class is already swallowing the bait .

You should ask WHY companies in Bay area prefer to pay $300K instead of $150K....
The reason is: If you don't make at least $300K there you can't afford the middle class living standard that the middle class in other areas of the country, like Texas, have earning less $ ...
And why the prices of housing (and everything else) is higher there???
Intentional government mismanagement of urban development and economics!

As a matter of fact, salaries there are higher because the situation is worst:
If you don't pay more than other places, no one will go work there.
The reason is intentional Government mismanagement.
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Old 06-16-2021, 06:22 PM   #25
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Originally Posted by RACarvalho View Post
Very, Very shallow evaluation of the root cause of the situation Mr. Engineer (I'm a engineer myself BTW) and a demonstration that the "Venezuelization" of America is working for middle class is already swallowing the bait .

You should ask WHY companies in Bay area prefer to pay $300K instead of $150K....
The reason is: If you don't make at least $300K there you can't afford the middle class living standard that the middle class in other areas of the country, like Texas, have earning less $ ...
And why the prices of housing (and everything else) is higher there???
Intentional government mismanagement of urban development and economics!

As a matter of fact, salaries there are higher because the situation is worst:
If you don't pay more than other places, no one will go work there.
The reason is intentional Government mismanagement.
You're deliberately misunderstanding my comments. If McDonald's pays $15/hr, and Burger King pays $8/hr, which do you think will have an easier time of finding workers? What does this have to do with government meddling?

https://en.wikipedia.org/wiki/Straw_man
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Old 06-16-2021, 06:28 PM   #26
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It's everywhere and every industry...

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Originally Posted by 16ACE27 View Post
But the "unemployed" would rather stay home and collect all that extra unemployment rather than work. It seems every business has "Help Wanted" signs, especially food and service businesses. They can't get anyone to apply.
Here in Florida you can't drive 1 block without seeing "Now Hiring" or "Help Wanted" signs. My company alone is attempting to hire 12 skilled people with zero to no success. It is not a matter of not paying fair wages. It's just a matter of government subsidies making it more attractive (for some people) to stay at home than to put in an honest day's work. At least our governor has the sense to end our subsidy program sooner than later. We were at a popular restaurant last night where one very hard working bartender was trying to keep up with the entire place. She said that they were not able to hire at any price. You know she was making very good money, but burned out from overwork and long hours. When the artificial subsidies dry up the labor force will return to normal where the best management, working culture, benefits and working conditions win the loyal team members.
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Old 06-16-2021, 06:40 PM   #27
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Originally Posted by JONJON View Post
Here in Florida you can't drive 1 block without seeing "Now Hiring" or "Help Wanted" signs. My company alone is attempting to hire 12 skilled people with zero to no success. It is not a matter of not paying fair wages. It's just a matter of government subsidies making it more attractive (for some people) to stay at home than to put in an honest day's work. At least our governor has the sense to end our subsidy program sooner than later. We were at a popular restaurant last night where one very hard working bartender was trying to keep up with the entire place. She said that they were not able to hire at any price. You know she was making very good money, but burned out from overwork and long hours. When the artificial subsidies dry up the labor force will return to normal where the best management, working culture, benefits and working conditions win the loyal team members.
Well stated


The fellow with the inverse analogy doesn't live in the same world

RV lifestyle is under attack as are many American pastimes

We need to support those who support our freedom and chosen lifestyle hobbies

Hopefully we continue grow the RV lifestyle and are able protect it long term
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Old 06-16-2021, 06:59 PM   #28
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Quote:
Originally Posted by jtreminio View Post
You're deliberately misunderstanding my comments. If McDonald's pays $15/hr, and Burger King pays $8/hr, which do you think will have an easier time of finding workers? What does this have to do with government meddling?

https://en.wikipedia.org/wiki/Straw_man

Any good managed company should pay the least amount of $ that makes the employee happy AND doesn't make you unprofitable.
Priority is profitability.
So when you see two companies that compete in the same segment and same area and have such a difference in pay offering you should ask why...
to stick to your example, is McDonalds that much more efficient that they can pay $15 and still be profitable? Have they decided to be a charity? Is Burger King evil?, etc.
The inflationary power of higher salaries is very limited and temporary while the ones intentionally caused by government are long lasting and devastating.
So no, I'm not against salary negotiations and the opportunity to make more money but the inflation we are seeing and will see is being caused by government and will eat whatever your gain will be and more.
People that work at McDonals will be making $100/hour and they will be miserable.
If you go to countries with high inflation, people make millions in the local currency, they are all technically millionaries but their living standard is miserable.

My point is BUYING POWER.

Inflation (generated by government) eats your buying power and to compensate that people tend to look for higher pay but higher pay is not the solution for government imposed inflation.
Solution is getting corrupt people out of government and government out of economy. period.
The current lack of employees is caused by government paying people to stay at home in order to justify importing more (cheap) labor for political gain, it has nothing to do with how much companies are paying...

Another example:
Back in the day middle class kids would go to college and pay for it working their summer jobs.
Today many parents that have $100K+ jobs struggle to help their kids pay for college... why? what happened?

Government made $ available for education and now college price is not cost based but based on the amount of $ you can borrow from government...
So if back in the 60s/70s a person had a nice living making $25K/year, now families are having trouble to keep afloat on $100K/year...
Inflation generated by intentional government acts.
Again, nothing against pursuing a higher pay but your higher pay will buy less if your higher pay was not driven by the market but instead driven by government interference.
You will make more money but you will be poor.
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Old 06-16-2021, 10:58 PM   #29
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Government Meddling

Several products are deemed safe for the general population in 49 states, but may cause cancer in the 50th.

I contend if they knew what causes cancer, they could cure it.
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Old 06-16-2021, 11:05 PM   #30
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Thread closed due to turning political.
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