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Misslizard
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27 Jan 2013, 10:11 am

The Revenooer Man. :lol:


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thomas81
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27 Jan 2013, 10:39 am

ruveyn wrote:
Kraichgauer wrote:

A maximum wage sounds good to me. 8) Unfortunately, it would never pass in legislation.

-Bill, otherwise known as Kraichgauer


In a sane economy wage is the price of labor, agreed upon voluntarily by the seller and the buyer.

Wages are a price and nothing more. Regulating wages is no different than price control.

ruveyn

i saw a documentary on uk tv very recently about british expatriates who emigrated some time ago to Florida but their 'american dream' turned sour. The wife who was the only one with a work permit had to apply for a job as a waitress but they were only offering her the equivalent of £1.50 an hour. In the UK this would be considered a slave wage, we have a national minimum of £6.00 an hour. This sort of evidence shows that when you don't regulate wage limits it gravitates down, not up. Ordinary people suffer under lassez faire capitalism.


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Misslizard
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27 Jan 2013, 10:56 am

[youtube]http://www.youtube.com/watch?v=V1CnBN5Njvk&feature=youtube_gdata_player[/youtube]


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Kraichgauer
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27 Jan 2013, 11:17 am

AspieOtaku wrote:
[youtube]removed by mod[/youtube]


Why can't our bankers use such colorful language?

-Bill, otherwise known as Kraichgauer



Misslizard
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27 Jan 2013, 11:23 am

:lol: :lol: ^^^^^^^


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thomas81
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27 Jan 2013, 11:37 am

Kraichgauer wrote:

Why can't our bankers use such colorful language?

-Bill, otherwise known as Kraichgauer


Actually, i dont think he is a banker. Just a commentator with colourful insightment.


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27 Jan 2013, 11:40 am

Why do so many Europeans seem to have a slavish devotion to their governments?

I think it is a source of mystery to the rest of the world.


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thomas81
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27 Jan 2013, 12:02 pm

Fnord wrote:
Why do so many Europeans seem to have a slavish devotion to their governments?

I think it is a source of mystery to the rest of the world.

If by 'rest of world' you mean the USA, then I agree.


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Fnord
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27 Jan 2013, 12:07 pm

thomas81 wrote:
Fnord wrote:
Why do so many Europeans seem to have a slavish devotion to their governments? I think it is a source of mystery to the rest of the world.
If by 'rest of world' you mean the USA, then I agree.

I mean "The rest of the non-European world" ... except for maybe North Korea, Mainland China, and countries under Sharia Law.


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27 Jan 2013, 12:12 pm

Fnord wrote:
thomas81 wrote:
Fnord wrote:
Why do so many Europeans seem to have a slavish devotion to their governments? I think it is a source of mystery to the rest of the world.
If by 'rest of world' you mean the USA, then I agree.

I mean "The rest of the non-European world" ... except for maybe North Korea, Mainland China, and countries under Sharia Law.


Having talked to plenty of europeans outside the U.S, I don't get the impression they are all so trusting of their governments...let alone slavishly devoted to them. Also I am pretty sure much of europe is less oppressed than North Korea, Mainland China and countries under Sharia Law....And some places in europe are statistically better than the U.S in many ways so this idea that the U.S is some super advanced example of what the world should be is a little bit overplayed.


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thomas81
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27 Jan 2013, 12:13 pm

Fnord wrote:
thomas81 wrote:
Fnord wrote:
Why do so many Europeans seem to have a slavish devotion to their governments? I think it is a source of mystery to the rest of the world.
If by 'rest of world' you mean the USA, then I agree.

I mean "The rest of the non-European world" ... except for maybe North Korea, Mainland China, and countries under Sharia Law.


i don't know. China, North Korea, Cuba, Angola and Venezuela all seem pretty slavvishly devoted to their governments.

I'm also fairly sure that British style political attitudes are very much pertinent in Canada and Oceania. Canada and Cuba are the two countries in North America where you can walk into a hospital without being questioned about your insurance intracacies.


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AgentPalpatine
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27 Jan 2013, 12:13 pm

thomas81 wrote:
i saw a documentary on uk tv very recently about british expatriates who emigrated some time ago to Florida but their 'american dream' turned sour. The wife who was the only one with a work permit had to apply for a job as a waitress but they were only offering her the equivalent of £1.50 an hour. In the UK this would be considered a slave wage, we have a national minimum of £6.00 an hour. This sort of evidence shows that when you don't regulate wage limits it gravitates down, not up. Ordinary people suffer under lassez faire capitalism.


Thomas, you're refering the rule that waitstaff get paid a fairly nominal wage, but make it up in tips. If they don't get enough in tips (averaged with some rules), the employer has to true up to at least minimum wage. Posters with more experence in this field might be able to provide some insight.

Edit to add: I've never been a big fan of that rule.

I've noticed that there is a great deal of misunderstandings between the UK and the US, it's almost like we're cousins seperated by a diffferent language.....


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thomas81
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27 Jan 2013, 12:16 pm

if you do a bar job in the UK, you get your national minimum PLUS tips.

So government protected minimum wage still comes up trumps.


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AgentPalpatine
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27 Jan 2013, 12:20 pm

Is it true that Northern Ireland's lottery financed at least part of the filming of HBO's Game of Thrones and Boardwalk Empire?

It's not like HBO was hurting for cash.

Edited to add: Was this a legitimate function of government? It's a side issue, but it does show that a politically controlled organization can start to make decisions that might be of marginal benefit of themselves, but perhaps they create undesired impacts.


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Last edited by AgentPalpatine on 27 Jan 2013, 12:34 pm, edited 1 time in total.

Tequila
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27 Jan 2013, 12:21 pm

thomas81 wrote:
if you do a bar job in the UK, you get your national minimum PLUS tips.


Bar tips are much smaller/not as common in the UK. Yes, some places do have a tip jar, but that's often for food. I wouldn't chuck 30p in a jar every time I ordered a £3 pint - beer is expensive enough.



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27 Jan 2013, 12:22 pm

I'd rather earn my living than be bought and paid for by one government that is lackey to another.


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