3 ms·
Because the goverment should not dictate wages. The market should. The minimum wage should actually be zero. I would certainly like to see a minimum wage of $30
by Mizoguchi 4y ago
Because the goverment should not dictate wages. The market should. The minimum wage should actually be zero. I would certainly like to see a minimum wage of $30/hr but realistically I know that's not possible, particularly in low skill level tasks that today can be easily automated. Wages is the number one cost in many industries, some operating with very tight margins. If you give industries a reason to automate they will, and those jobs will be gone forever once the investment is done and machines are in operation. Which is not a bad thing but you don't want it to happen suddenly without having a plan to retrain the workforce and give them valuable skills like they do in other countries like Germany. So if you want better wages, it is simple, get people skills that are in high demand.
- giantg2 4y ago"So if you want better wages, it is simple, get people skills that are in high demand." It's simple in theory, but in practice it seems difficult. How do you provide people in low skill jobs with better skills? I'm sure many of them are capable of learning higher skills. However, I would guess there are many others already operating at their top level. They would likely be able to learn other lower skilled jobs, but I don't see them jumping to a higher level. How does that work in Germany?
- mc32 4y agoI defo agree the gov should provide transition periods and guide people whose jobs are getting obsoleted --don't cravenly say "learn to code" when you threaten to shut their industries down. Also, the bell curve distribution means many people as you say are performing at their utmost and could not adapt to higher skills demands. That's just nature. But we do have to provide some kind of opportunity for them. Simple assembly or sorting used to be some of the things industry used to find work for them in --but a lot of that got shipped overseas and those people lost their independence.
- deleted 4y ago[deleted]