Talk of Liberty - Latest Comments

Re: Abolish Minimum Wage

Talk of Liberty — Sun, 22 Apr 2012 15:33:55 -0000

This article merely shows one aspect of thousands in which the government destroys upward mobility. I am not saying the first thing I would do as president is get rid of minimum wage, but it merely points out how foolish it is. The minimum wage laws are put in place for politicians to point to as if they are helping. There would be no need for minimum wage laws if the government didn't destroy the value of the working mans money on a daily basis.

Re: Abolish Minimum Wage

Talk of Liberty — Sun, 22 Apr 2012 15:31:42 -0000

I couldn't have said it any better myself.

Re: Abolish Minimum Wage

Talk of Liberty — Sun, 22 Apr 2012 15:30:52 -0000

Why punish every consumer in this country so a few unskilled workers benefit. Low prices are a good thing, remember it is not what you make, but how much it buys you.

Re: Abolish Minimum Wage

Talk of Liberty — Sun, 22 Apr 2012 15:29:37 -0000

So then if it makes sense, lets raise minimum wage to 100 dollars per hour then? Why stop at 7 dollars? If it is good for 7 then 100 should be really good.

Re: Abolish Minimum Wage

Talk of Liberty — Sun, 22 Apr 2012 15:27:53 -0000

I am not an Anarchist nor advocate of no laws. I believe in human rights enforced by government, and property rights as well. It is not a human right to a job, those with zero skills are in that position for many reasons, but mostly by choice. We all have free public paid education through high school . As long as contracts and property rights are protected, then the free market can exist.

Re: Abolish Minimum Wage

Mrclevesque — Mon, 06 Feb 2012 11:04:48 -0000

Market forces are dependent on regulation. The notion of a market free of regulation is non-sensical. By definition all markets are based on a set regulations.

The economic perspective is fine but it does not take into account the majority of facets involved in living together.

We decide, there are no laws of economics to break, only new ways of working together, and even though these new ways may become commonplace, the economics that arise out of them will never become laws or prescriptions we must follow.

Re: Abolish Minimum Wage

Mrclevesque — Mon, 06 Feb 2012 10:51:41 -0000

Not everyone can afford to refuse work

Re: Abolish Minimum Wage

Mrclevesque — Mon, 06 Feb 2012 10:49:35 -0000

Market forces are fine for those who can afford to refuse work

Re: Abolish Minimum Wage

Mrclevesque — Mon, 06 Feb 2012 10:48:58 -0000

Market forces are fine for those who can afford to refuse work

Re: Abolish Minimum Wage

Mrclevesque — Mon, 06 Feb 2012 10:46:26 -0000

Minimum wage does not stop "unskilled workers, typically those just graduating high school from beginning their careers"

Re: The NFL Is Not A Monopoly

Bibag — Tue, 31 Jan 2012 12:43:51 -0000

Yes, you can go and start another football league, but just try it. The NFL can outbid you for talent. If the league did not share revenue then some teams would have lower salaries and lower ticket prices, thus the consumer would benefit, and the taxpayer would not have to pay for the stadiums. If the league did not have anti trust immunity then it would be easier for other leagues to form and therefor the consumer would benefit. Just look how much ticket prices costs the consumer and the taxpayers pay for the stadiums. In a real free market players would be playing for lower salaries with rewards for wining.

Re: Abolish Minimum Wage

CJane — Wed, 25 Jan 2012 19:51:37 -0000

Here we go, one more step towards third world status. What a moron!

Re: Abolish Minimum Wage

CJane — Wed, 25 Jan 2012 19:49:14 -0000

It's only failure is to not include all of us which would make those 'fat greedy capitalists' that run the health insurance industry have to go looking for another multimillion dollar a year salary somewhere else!

Re: Abolish Minimum Wage

TommyF — Thu, 20 Oct 2011 22:40:36 -0000

Isn't California going bankrupt? That sure is an awesome economy.

Re: Why are ICE agents in Mexico?

Timothy.f — Mon, 03 Oct 2011 16:22:12 -0000

I am Timothy fokkema from the Netherlands.
You are right and it irritates me that most americans dont relize what the source of the problem is and how mutch more simple the selution can be then the people think.
If youre goverment is just willing to put its ego aside for the good of there people witch should be there top priority.
I find it very sad to see and extremeley irrisponsibel and am stunned Mexico doesnt charge the USA with all there deaths.

Re: Abolish Minimum Wage

Talk of Liberty — Sat, 01 Oct 2011 20:46:05 -0000

We have seen what penalties do to jobs, just look at for instance, the minimum wage penalty, and how it prevents unskilled workers, typically those just graduating high school from beginning their careers as paid apprentices.

Re: Abolish Minimum Wage

Talk of Liberty — Sat, 01 Oct 2011 20:43:44 -0000

Low paying jobs are the beginning points of most careers, unskilled become skilled once they are given the chance. Having lower minimum wage allows for those unskilled to become skilled, no we do not need everyone to have an MBA, just a basic work ethic.

Re: Abolish Minimum Wage

Talk of Liberty — Sat, 01 Oct 2011 20:41:52 -0000

Would you work for 10 cents an hour? I wouldn't work for minimum wage either. It is a farce. Get rid of welfare, and I could accept leaving the minimum wage in place, but not both.

Re: Abolish Minimum Wage

Suckmyballs — Tue, 13 Sep 2011 12:13:06 -0000

you do realize that there is a minimum wage and a tipped minimum wage you dumb fuck!!! tipped employees do not make true minimum wage but you would never know this because you obviously have never worked a job in that field nor have any insight into it

Re: Abolish Minimum Wage

Vanillafirefly — Mon, 12 Sep 2011 17:01:11 -0000

So who will do the unskilled job that pay lower wages if everyone has big degrees and has "bettered" themselves? Are you trying to tell us that because some people for what ever reason are, for lack of a better term, unskilled that they should not earn at least enough to survive? What happens when we become the nation of people who all have MBA's and are willing to do whatever job for pennies an hour?? That's assuming that we bcome a nation where collegiate education becomes affordable for everyone. We will always need people to clean public facilities and work in restaurants. Are you saying that these people should have to work 5 or 6 jobs just to make ends meet in a country where it costs so much to live and receive healthcare? Are you saying that those people are all ready on the dole and are accounted for?? Very dismal picture you paint. I don't think you have a full grip on the bigger picture here.

Re: Abolish Minimum Wage

Jonathan Baez — Thu, 08 Sep 2011 22:45:41 -0000

getting rid of minimum wage is ludacris! how can you expect to survive on ten cents an hour if you cant live on ten dollars an hour?. want the US to come back? lets stop giving billions to countries that support terrorism, outlaw job outsourcing or make it very, very costly for the company. abolish the right to work state so unions can thrive, tax the wealthy heavily why should the ceo make a billion a year for playing golf etc. when i work for a living? America was founded by the principle of government for the people, by the people NOT the corporation

Re: Abolish Minimum Wage

Divelda — Tue, 06 Sep 2011 23:45:35 -0000

We don't need to punish the poor of our country more to make it better. Heavy penalties on outsourcing might make it less attractive to sell out jobs to foreigners who work for pesos a day. If the American people don't make money, they don't have to in turn spend.

Re: Abolish Minimum Wage

Talk of Liberty — Fri, 19 Aug 2011 14:19:47 -0000

Exactly, it's the same market forces that are at play when an individual earns 80k a year, they refuse to work for less, and employers know it is worth that much to them.

Re: Abolish Minimum Wage

Adam — Wed, 10 Aug 2011 23:04:40 -0000

Here is a quick situation.

Joe wants a job. Bob offers him a job as a clerk for 1$ a hour. Joe thinks that is unacceptable, and goes to work for Fred, who pays 6$ an hour. Bob is a stingy guy and is unable to employ anyone, and goes out of business.

Re: Abolish Minimum Wage

Adam — Wed, 10 Aug 2011 22:33:12 -0000

"without a minumum wage in place whats to keep employers from paying less than a dollar an hour?"

Are you willing to work for a dollar an hour? Any business that's stupid enough to have that low of a wage is going to have a extremely hard time functioning. Any business that 's smart enough to realize that a higher paying wage will attract workers will flourish, as they will have the pick from the more skilled workers. The free market, like it or not, is actually very fluid, and can react to most every situation.

Here's a situation. John owns a store, and a new worker is worth about 6.50 an hour. He wants to make money, so he is willing to employ a worker for 6.00 an hour. Bob is willing to work for 6.00 an hour. Unfortunately, the local bureaucracy decided that the minimum wage is 7.00 an hour. Being a smart business owner, John realizes that losing money would put him out of business. John makes less profit, and Bob is out of a job. Everyone loses, but at least we can feel good about fighting the fat greedy capitalist pigs.

The basic reason why the minimum wage fails is because there is 3 effects the minimum wage can have.

1. The minimum wage is lower than the worth of the employee's labour.

No effect.

2. The minimum wage is the same as the worth of the employee's labour.

No effect.

3. The minimum wage is higher than the worth of the employee's labour.

The employee is out of a job.

The natural reaction to this is that without the minimum wage, people would work for pennies an hour. However, in the same way that employees rely on the employer for money, the employer is reliant on the employee for labour.