He's talking about capping how much the most valuable employee can make based on how much the least valuable employee makes.

I have a hot dog stand.    I sell hot dogs at a $1 profit per dog.  I bust my *** in the heat and the cold.  I do a humilating dance, which people like, after each sale.   I have a guy who shuffles paperwork in my air conditioned office and cleans my hot dog stand at the end of the day.  If I sell 1 million hot dogs in a year, I get to pay him 100k.    That seems fair, right?

I know what he's proposing.  I'm just questioning his comment that "wages are already regulated".  Other than a minimum wage floor for hourly workers, they're not.

Posted by tecwrg on 6/26/2014 9:24:00 PM (view original):
I know what he's proposing.  I'm just questioning his comment that "wages are already regulated".  Other than a minimum wage floor for hourly workers, they're not.

You answered your own question. Good job.

Posted by bad_luck on 6/26/2014 5:56:00 PM (view original):

Posted by tecwrg on 6/26/2014 5:16:00 PM (view original):

Posted by bad_luck on 6/26/2014 4:21:00 PM (view original):
That sounds like tax policy, not war.

"I need to stop these 1000x salaries" is tax policy?

Close enough. It's policy regulating wages.

Not war.

Once again, since you dodged the question the first time. . . . .

What is the purpose of regulating salaries?

To eliminate accumulation of wealth at the top by making sure the shittiest, least important worker makes no less than 1/10 amount the best, most important employee makes.

Which, by the way, is retarded.   Very retarded.   Retarded retarded.

Posted by tecwrg on 6/26/2014 9:43:00 PM (view original):

Posted by bad_luck on 6/26/2014 5:56:00 PM (view original):

Posted by tecwrg on 6/26/2014 5:16:00 PM (view original):

Posted by bad_luck on 6/26/2014 4:21:00 PM (view original):
That sounds like tax policy, not war.

"I need to stop these 1000x salaries" is tax policy?

Close enough. It's policy regulating wages.

Not war.

Once again, since you dodged the question the first time. . . . .

What is the purpose of regulating salaries?

When did you ask that?

8:20pm last night.

Are you going to answer the question?

5:49 AM is too early to post.  Haven't you read Mike's rules to posting?

Mike's not the boss of me.

Posted by MikeT23 on 6/26/2014 5:16:00 PM (view original):

Posted by burnsy483 on 6/26/2014 5:15:00 PM (view original):

Posted by MikeT23 on 6/26/2014 5:13:00 PM (view original):
Honestly, our culture is almost like public school education.   They teach to the slowest kid in class so he doesn't get left behind.    This entire thread is dedicated to how to make sure that same kid doesn't get left behind now that he's all grown up.   Sometimes people just have to be left behind for the greater good.   And while that sucks for them, you can only do so much to make sure they're part of the pack.

Yea, philosophical differences.  Assuming this kid/adult is actually trying.

How do we determine "effort"?

I don't know.  But I'm not going to want to implement a more regressive tax policy because of the people who aren't putting forth enough effort to improve their situations.  I'm considering the people who are trying to.

Posted by tecwrg on 6/27/2014 5:49:00 AM (view original):
8:20pm last night.

Are you going to answer the question?

Oh ok. I answered that.

Posted by moy23 on 6/26/2014 5:49:00 PM (view original):

Posted by burnsy483 on 6/26/2014 5:13:00 PM (view original):

Posted by moy23 on 6/26/2014 5:04:00 PM (view original):

Posted by burnsy483 on 6/26/2014 4:54:00 PM (view original):
It's not a good excuse, I agree.

To me almost everything boils down to education (including financial, nutritional, etc). Educated people are wealthier, healthier, and make better life decisions. Solve that problem and most other problems are solved. The attention is unfortunately always directed elsewhere... Whether its wars, class, race, or minimum wage.

It's a great point.  How do we solve that problem? 

tough challenge considering how much influence the media (tv and internet). hollywood, and the music industry currently have on children. Rapping about money, cash, hoes doesn't necessarily scream 'education is cool'. its also tough because many families now a days need 2 working parents to do more than just get by so where is the discipline at home.

i'll have to give it some thought...

My local paper recently came out with the graduation rates of the schools in the area I live.  Where I live, the graduation rate was about 90%.  A neighboring school district, in an obviously worse off area, had a 45% graduation rate.  It will be these children who complain that they can't get by in life and need government assistance.  I assume that some of these kids need to work to bring in money at home, or need to deal drugs for the same reason.  But I would venture to guess that doesn't apply to the majority.  So A) Why are these kids dropping out of school and B) How do you convince them that staying in school and going to college (even community college) will lead to a more fulfilling life? I understand that I can't sympathize with their childhood, how they've been raised, and what many of them have been exposed to; it's an area that's much different than what I grew up in.

Posted by bad_luck on 6/26/2014 8:38:00 PM (view original):

Posted by tecwrg on 6/26/2014 8:20:00 PM (view original):
What's the purpose of regulating wages?

Is this the USSR?

Wages are already regulated. As are a ton of other employer/employee things. Do you think you already live in Russia?

Tec: "What's the purpose of regulating wages?"

BL: "Wages are already regulated".

That's not an answer.  That's an avoidance.

Posted by burnsy483 on 6/27/2014 9:08:00 AM (view original):

Posted by MikeT23 on 6/26/2014 5:16:00 PM (view original):

Posted by burnsy483 on 6/26/2014 5:15:00 PM (view original):

Posted by MikeT23 on 6/26/2014 5:13:00 PM (view original):
Honestly, our culture is almost like public school education.   They teach to the slowest kid in class so he doesn't get left behind.    This entire thread is dedicated to how to make sure that same kid doesn't get left behind now that he's all grown up.   Sometimes people just have to be left behind for the greater good.   And while that sucks for them, you can only do so much to make sure they're part of the pack.

Yea, philosophical differences.  Assuming this kid/adult is actually trying.

How do we determine "effort"?

I don't know.  But I'm not going to want to implement a more regressive tax policy because of the people who aren't putting forth enough effort to improve their situations.  I'm considering the people who are trying to.

Again, a sales tax only removes the big refund from the govt.   As I mentioned, that money isn't used to "get by".   You can't delay buying food, paying rent for months with the promise of "get in you March".    You're giving people more money now.  When they actually need it.