Initiate_Sacred_Demise
Christien Chalfant
Initiate_Sacred_Demise
Christien Chalfant
Initiate_Sacred_Demise
for the government to come up with a way to cover everyone and attempt to make it more efficient?
Government never makes anything more efficient.
Milton Friedman: "If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand”
Haha good quote. I agree. It would be nice if they could become more efficient, and hopefully one day they will. America is known for its inefficiency.
American government is known for it's inefficiency, but American Free Market Economy is predominantly known for it's efficiency. Hence the Golden Era of the 1800's.
The Economy only became more inefficient with government becoming involved. Prolonging the Great Depression in cahoots with the Federal Reserve, Minimum Wage Laws, Advocating Unions, etc.
Efficient, yes, but those models make a lot of untrue assumptions, such as everyone is logical, or full employment in some. Also, then you have to find the middle of the road for efficiency and humanity. For instance, fair treatment of the labor force. It is much more efficient to pay them as little as possible and offer no benefits and bark orders, but then they rebel and strike which causes unions and minimum wage laws to protect them so they can be decently happy. Efficiency in the short term is different than in the long term and the middle class is who we need to be most efficient as a country, not just efficiency for companies.
Well everyone is somewhat logical and illogical, but then again it's not the government to make up for that human deficiency through regulation.
There's no model that I've ever seen that's even suggested full employment, such a thing is trivial and implausible.
Minimum Wage Laws don't protect people, it discriminates against them. Mainly against minority youths.
Unions no longer like to work for their job. A guest speaker from "UNITE HERE" came and talked in my sociology class about how 400 cleaning ladies at a casino in Las Vegas immediately started marching when they were told to clean 10 extra rooms for the day. The problem is that he was bragging. Bragging about how 400 women, most likely minority women, who probably have a tough financial life, decided not to do their job but instead march on the boss because the boss told them to do their job. That's not fair treatment. Especially when there's a number of cleaning ladies at the same casino who aren't apart of a Union cleaning their extra rooms.
The guest speaker also said how it was wrong for him to work 20 hours a week and get paid $8 an hour to clean dishes.
But when you think about it, he was working 3 hours a day, making $160 a week cleaning dishes. Now he also had plenty of time to find another part-time job. OR if he was really so unhappy and thought his job was unfair then he could've quite and looked for or found another job.
I think you misunderstand that many middle-classers own small businesses. My mother for example is an Upper Middle Class member, she owns and is a partner in a Law Firm. She employs about 10-15 people. She works 8 hours a day, coaches swim teams, plays harp in a symphony, is the first reader at church, as well as other things. She works for long-term success, companies if they want to be successful have to aim for long-term success.
Minimum Wage Laws have only kept the poor stuck in a cycle of Welfare. Unions discriminate against other workers. You say these things make people's lives better, but all you have to do is watch a video of Thomas Sowell debating against an Academic Socialist or watch/listen to a Milton Friedman lecture and the answers are clear. If you don't like those two, then maybe give Walter Williams a try.
My problem with Unions is that Unions always think they're right. They will almost never admit that they were wrong or made a stupid move when striking or marching. Whereas if a Boss is made aware of poor working conditions, more often than not a change will be made; the Boss will admit if they're wrong in cases. Whereas Unions are always "Right."
But I'm sure HOSTESS going out of business isn't the Unions fault, even though the Union members refused to work.
In my mind, if somebody doesn't want to work, then they should be fired.
Look at the Air Traffic Strike during Ronald Reagan's Administration. That's how to properly deal with a Union.