The President's So Called "Bus Tour"

I am sure your very lazy; but I know your not so smart...how?

Because smart people know not to use over-the-top descriptives like "always wrong"....smart people are skilled at language and the art of arguement and debate. They avoid making ridicoulas claims/statements that they can't back up.

But lazy people are easy to spot..they just spew out their opinons like possessed zombies with no substance or meaning to them.

But lazy people are easy to spot..they just spew out their opinons like possessed zombies with no substance or meaning to them.

Originally Posted by Whirlaway

Like you, who just put links to a web article most of the time? Not skilled enough to put it in your own words with just a source as backup?

But hey, being lazy for me is natural, like being smart. The combination makes life easy

Labor is a commodity. If the price of the commodity is set by government above the equilibrium price (minimum wage) there will be a shortage (unemployment). Businesses will not hire someone unless that person can produce at a level above what it costs to employ him/her. No business that wants to survive will employ people who produce at a level below what they cost to employ. It's not greed, it's common sense.

Labor is a commodity. If the price of the commodity is set by government above the equilibrium price (minimum wage) there will be a shortage (unemployment). Businesses will not hire someone unless that person can produce at a level above what it costs to employ him/her. No business that wants to survive will employ people who produce at a level below what they cost to employ. It's not greed, it's common sense. Originally Posted by CuteOldGuy

Exactly.

Labor is a commodity. No business that wants to survive will employ people who produce at a level below what they cost to employ. It's not greed, it's common sense. Originally Posted by CuteOldGuy

That is true, but you forget in the equation that it is not really necessary that a CEO sometimes makes per hour what his workers make in a year!! Or more

Wave, who decides? Yeah, it's out of control, but do you want the government telling people what they can make, or pay? I'd prefer making the info public, which I think it already is, and if you don't like that company's policies, shop somewhere else. Buy a share of stock and show up to a meeting and complain. But it is up to the shareholders to decide what the CEO is paid. Some may be worth the money. If they make a million a year, then like everyone else, they need to produce more than they make, or someone else will get the job.

I think less government influence, and more market influence would level things out much more fairly than the government trying satisfy everyone.

Wave thinks he is so smart that it should be someone like him to make those decisions for the rest of us.

Just like those Socialist Eutopias that permiated Eastern Europe throughout the cold war era. It was a great system, for those at the very top.

Wave thinks he is so smart that it should be someone like him to make those decisions for the rest of us. Originally Posted by Whirlaway

Hmmmm it's that you mention it ....................

That is true, but you forget in the equation that it is not really necessary that a CEO sometimes makes per hour what his workers make in a year!! Or more Originally Posted by waverunner234

I agree that CEO wages are rediculous in many cases but it is not my call. It is up to the owners of the company to pay what they feel is appropriate. If they choose badly their profits suffer.