boedicca
Uppity Water Nymph from the Land of Funk
- Feb 12, 2007
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I think that's one of the aspects being attempted here, Boe.
Notice I've always said "Attempts" or "Aims" or "Tries." Never said it would work, we'll have to find out together.
Don't you think providing subsidies to working people who don't make that much aims to do what you just said?
No. I don't. Providing subsidies so that someone is compensated more than what would be the market rate for their productivity Stunts that person. Where is his incentive to improve his skills and knowledge so he can better his lot in life?
And why should productive businesses subsidize the one which employs that person? Wouldn't it be better for the more successful business to use that capital to grow and hire people for better paying jobs?
Not all jobs in an economy are going to generate sufficient income to support a person or family. Such jobs are entry level or supplemental income ones - which have a purpose - especially in the area of employing teenagers so they can develop work ethics. Sadly, minimum wage laws and other such nonsense has distorted this market, resulting in incredibly high unemployment among teens (especially black males).