• Do you think America is doomed, or that it hit a bump in it's progression as a nation?
    607 replies, posted
[QUOTE=Fenderson;37417719]I don't know, I heard when debt reaches 90% of a country's GDP the result is 1% a year loss of GDP growth for paying back interest.[/QUOTE] yes, debt is bad, but is by no means dooming. It's something you pay off in the long run.
[QUOTE=The Kakistocrat;37417500]as we have talked about before, debt really isn't that big a problem. And your economist friend is crazy.[/QUOTE] Get me up to speed, what is real problem? I know my friend is crazy :v:
[QUOTE=Dummkopfs!;37417884]Get me up to speed, what is real problem? I know my friend is crazy :v:[/QUOTE] the recession! what I meant is that debt isn't as bad as people think. Lendors actually prefer if we take a long time to pay it back. The only really set back is that the interest is now 6% of our spending.
[QUOTE=The Kakistocrat;37417382]really? you're saying that laissez-faire capitalism, the cause of Industrial Revolution[/QUOTE] No it wasn't. An industrial revolution is perfectly capable with starting off in a country which does not have laissez faire policies. A lot of countries had their own industrial revolution using state capitalist or command economies. [QUOTE=The Kakistocrat;37417382]Also, I must point out that trade unions do not violate the idea of laissez-faire capitalism. Trade unions are effectively a form of business, except instead of selling goods they sell labor.[/QUOTE] Yes they do. The trade unions used their collective bargaining power to push for government reforms that oversaw the implementation of regulations such as maximum working hours, minimum wages and safety conditions.
[QUOTE=Sobotnik;37418441]No it wasn't. An industrial revolution is perfectly capable with starting off in a country which does not have laissez faire policies. A lot of countries had their own industrial revolution using state capitalist or command economies. Yes they do. The trade unions used their collective bargaining power to push for government reforms that oversaw the implementation of regulations such as maximum working hours, minimum wages and safety conditions.[/QUOTE] if laissez-faire capitalism wasn't the cause of the Industrial Revolution, why were you using the Industrial Revolution as an example of laissez-faire capitalism? You're changing your story because the facts aren't matching up. Trade unions usually use their collective bargaining power to demand higher wages from employers, not the government. That's why they went on strikes. As long as trade unions only deal with employers (instead of government) it's still laissez-faire. [editline]26th August 2012[/editline] [URL="http://stats.oecd.org/Index.aspx?DataSetCode=UN_DEN"]http://stats.oecd.org/Index.aspx?DataSetCode=UN_DEN[/URL] only 11.3% of american workers are members of unions. So I think it's safe to say that unions are not required in order to preserve standards of living.
[QUOTE=The Kakistocrat;37418529]if laissez-faire capitalism wasn't the cause of the Industrial Revolution, why were you using the Industrial Revolution as an example of laissez-faire capitalism? You're changing your story because the facts aren't matching up.[/QUOTE] Laissez-faire capitalism arose during the industrial revolution. It did not create the industrial revolution. [QUOTE=The Kakistocrat;37418529]Trade unions usually use their collective bargaining power to demand higher wages from employers, not the government. That's why they went on strikes. As long as trade unions only deal with employers (instead of government) it's still laissez-faire.[/QUOTE] Except they also used their power to lobby for new laws. [QUOTE=The Kakistocrat;37418529]only 11.3% of american workers are members of unions. So I think it's safe to say that unions are not required in order to preserve standards of living.[/QUOTE] That's because the trade union movement in America has massively declined. In the past it was much more prominent.
[URL="http://www.bls.gov/cps/minwage2011.htm"]http://www.bls.gov/cps/minwage2011.htm[/URL] only 5.2% of Americans make minimum wage or below. From this statistic you can see that the overwhelming majority of American workers have their wages set solely by the forces of supply and demand, instead of government mandate. I would say the market has done a fairly good job of setting wages. [editline]26th August 2012[/editline] [QUOTE=Sobotnik;37418690]Laissez-faire capitalism arose during the industrial revolution. It did not create the industrial revolution. Except they also used their power to lobby for new laws. That's because the trade union movement in America has massively declined. In the past it was much more prominent.[/QUOTE] oh I see. Once the Industrial Revolution becomes a good thing, you want to claim that laissez-faire capitalism had nothing to do with it. While labor unions can lobby for new laws, the main thing they do is use collective bargaining to set wages. [QUOTE=Wikipedia]A trade union (British English), labour union (Canadian English) or labor union (American English) is an organization of workers who have banded together to achieve common goals such as protecting the integrity of its trade, achieving higher pay, increasing the number of employees an employer hires, and better working conditions. The trade union, through its leadership, bargains with the employer on behalf of union members (rank and file members) and negotiates labour contracts (collective bargaining) with employers. The most common purpose of these associations or unions is "maintaining or improving the conditions of their employment".[1] This may include the negotiation of wages, work rules, complaint procedures, rules governing hiring, firing and promotion of workers, benefits, workplace safety and policies. The agreements negotiated by the union leaders are binding on the rank and file members and the employer and in some cases on other non-member workers.[/QUOTE] see? no mention of government. And yes, the trade union movement has declined. You know why? because they aren't needed anymore. The market sets wages, and people like it.
[QUOTE=The Kakistocrat;37418717]oh I see. Once the Industrial Revolution becomes a good thing, you want to claim that laissez-faire capitalism had nothing to do with it.[/QUOTE] Stop twisting my words. I am telling you that the Industrial revolution and Laissez Faire capitalism arose around the same time. Laissez faire capitalism is NOT a prerequisite for industrialisation. While labor unions can lobby for new laws, the main thing they do is use collective bargaining to set wages. [QUOTE=The Kakistocrat;37418717]see? no mention of government.[/QUOTE] Well how else did regulations on such and such come about? Socialism grew from the trade union movements. [QUOTE=The Kakistocrat;37418717]And yes, the trade union movement has declined. You know why? because they aren't needed anymore. The market sets wages, and people like it.[/QUOTE] or maybe its due to this [url]http://en.wikipedia.org/wiki/Taft-Hartley_Act[/url]
[QUOTE=Sobotnik;37418912]Stop twisting my words. I am telling you that the Industrial revolution and Laissez Faire capitalism arose around the same time. Laissez faire capitalism is NOT a prerequisite for industrialisation. While labor unions can lobby for new laws, the main thing they do is use collective bargaining to set wages. Well how else did regulations on such and such come about? Socialism grew from the trade union movements. or maybe its due to this [url]http://en.wikipedia.org/wiki/Taft-Hartley_Act[/url][/QUOTE] I'm not twisting your words, I'm showing how you are contradicting yourself. Most regulations made affecting trade unions are made between the workers and the employers, NOT the government. Why would the Taft-Harley Act make the trade union movement decline? if trade unions were really needed, people would riot and force the Taft-Harley act to be overturned. Anyways, I have already shown that the overwhelming majority of Americans (94.8%) have wages that are set by the market, not by the government. Seeing as Americans are not living on "starvation wages" I think it is fair to say that the market does not set starvation wages, and instead pays workers fairly. Therefore, laissez-faire capitalism would not result in starvation wages, like you claim. QED.
[QUOTE=The Kakistocrat;37418320]the recession! what I meant is that debt isn't as bad as people think. Lendors actually prefer if we take a long time to pay it back. The only really set back is that the interest is now 6% of our spending.[/QUOTE] The debt is at historic levels. Congress shows no sign of coming to a good budget agreement. We worry about the debt only to have to the congress raise the debt ceiling every 6 months. Though the federal reserve is setting interest rates to zero, no progress seems to be being made and it seems like a vast array of economic factors could knock us down at this point. A second recession could occur as a result of the collapse of the EU and as the debt becomes greater and greater, buyers of US bonds could sell, raising the interest rate on the national debt. The fed's zero interest rate policy, which is pretty new, could spawn a massive amount of bad business investment that could drive us under. There is a huge amount of derivatives out there in the world today. The total value of all the world's derivatives is estimated to be between 600 trillion and 1.4 quadtrillion dollars, if people end up being unable to pay back these derivatives, shit-soup will ensue. Anything can drive us under.
[QUOTE=The Kakistocrat;37416558]if a company never signed an agreement, any judgement made against them would violate the non-aggression principle (they never agreed to listen to the court). So are you saying it's okay for courts (which in your system, are private companies) to violate the non-aggression principle?[/quote] It's only a violation if they're making false claims/accusations. The courts would just assist in demonstrating that there was a contract and that a prior violation of it had already taken place. [quote]why couldn't companies get the resources to fund a government? many large corporations make more in a year than small countries. A corporation might not be able to run a country the size of America, but it could definitively run one the size of Latvia.[/quote] They would have to have a method to collect taxes regularly to sustain it, which would be a violation of those people's rights. The idea that the people will sit there and take it, including all those who are armed, and PMCs and private police, is not plausible. It took centuries for governments to get that sort of influence needed to sustain themselves. [quote]You're right, a landlord has no ethical justification to violate your rights, but if there is no government, there is no one to stop them from doing it! If your landlord had a small private army, would you tell him "no, I won't pay taxes"? Of course not. You would pay them, for fear of your life.[/quote] Well sure there are others who can stop it. The government doesn't have to have a monopoly on protection services. The private sector is not incapable of providing these services to people. The example you give for the landlord extorting me to pay him taxes, it's no different than any other crime/initiation of force. Sure I would give my money to the person extorting me at that time I was threatened, and then I would simply claim for damages later. [quote]The idea of protecting rights through voluntary means is ridiculous. If it truly is voluntary, it means the person violating your rights has to VOLUNTARILY stop violating them. Why would they do that, if violating your rights makes them a profit?[/quote] I'm not sure that I'm following this. Violating rights may make them a profit in the short run, but it will not do so in the long run. If they develop a reputation as a company that harms their consumers, no one will want to take the risk of transacting with them, and they'll quickly go out of business. Not to mention the lawsuits, of course. [quote]Yes, governments and private companies are very different. But with no formal government, there is nothing to stop a private corporation from becoming a government. Your whole system relies on the naive assumption that companies won't violate your rights because it's "wrong". Newsflash, they don't care. If it makes them a profit, they'll do it.[/QUOTE] Nah I'm not saying that they won't violate your rights just because it's wrong. I'm simply stating that the initiation of force is wrong, and that the victim has an ethical justification to reclaim damages. I guess we're just going to have to disagree on there being nothing to stop a private company from becoming a government, I stand by the view that they simply can't get the influence and resources needed to do it and sustain it.
[QUOTE=The Kakistocrat;37407927]what I'm saying is that without government, private companies could force people to work against their will.[/QUOTE] Private companies cannot force people to do anything, that's not how the free-market works. People sell their labor resource to firms who in turn produce goods that people buy so depending on weather a product is worth producing or not, the firm uses profits to hires more labor resource to make more product. Now, unless you have government preventing people from setting the price of their labor, like China or medieval europe, people are allowed to make unions and refuse to work. The free market gives people access to two tools to make their lives better off, the ability to decide what firms produce by being allowed to purchase what they want and the ability to set the price of labor by refusing to work. Private companies cannot tell people to do anything, in reality it is people who buy goods and services and show up to work who tell private companies to do everything. By not showing up to work at the mines, South Africans brought an end of apartheid.
[quote]By not showing up to work at the mines, South Africans brought an end of apartheid. [/quote] And they didn't eat in the meantime. Employers own the means of life, as employees live off the selling of labor. That's why employer blacklisting and such, and an unemployed segment of the population are so effective at getting people to accept their employer's conditions. There's certainly some coercion in the 'free market'.
[QUOTE=Fenderson;37458595]Private companies cannot force people to do anything, that's not how the free-market works.[/QUOTE] I know that. But without government, there is no one to enforce the free market. There is no one to stop companies from forcing workers to work for them. Without government, there is no one to stop slavery. [editline]29th August 2012[/editline] [QUOTE=Conscript;37458828]And they didn't eat in the meantime. Employers own the means of life, as employees live off the selling of labor. That's why employer blacklisting and such, and an unemployed segment of the population are so effective at getting people to accept their employer's conditions. There's certainly some coercion in the 'free market'.[/QUOTE] They didn't eat because they decided it was worth it. When someone chooses to work in horrible conditions, it's because they have decided it's worth the money. And that is not coercion. Without employers, employees would die anyways. Therefore, the employer does not force people to work, he allows them to work.
[QUOTE=The Kakistocrat;37460603]I know that. But without government, there is no one to enforce the free market. There is no one to stop companies from forcing workers to work for them. Without government, there is no one to stop slavery.[/QUOTE] Well, yeah, without government you have Somalia, the land of technical pickup trucks. Government is needed to ensure the rules of the game are fair- so that the solution to a competitor stealing market share isn't to burn down their building with a molotov. When you have too much government, that is to say government is dictating most production, loss of productivity happens due to the government's inability to know what people want produced and how to produce it. The government produces things people don't want because people buy it no matter how it turns out. Society is most productive when the free market is dictating production, when people are spending their own money instead of giving it to the government to pay back what old people loaned them + inflation or pay for old folk's expensive health insurance (90% of medical expenses happen within the last year of life medicare is a system where people get more than they paid in) or giving it to the government to piss away on jet planes. Do away completely with social security, medicare, and most of the military, give people 10-15% more money to spend, and we'll be on the right track for economic growth. The US's monetary policy is also an issue. It focuses on growth which is unhealthy because pouring all that money into banks can cause malinvestment. Low interest rates (0.25%!!) from The Fed's policy of price-level targeting encourage society to produce things that aren't wanted by lowering the risk of barrowing. I'm sure you've heard the theory that the fed caused the 2008 recession by setting the interest rate to 0 by now. If inflation wasn't so great, and people actually got money from retirement savings interest rates, we wouldn't really need social security and medicare.
[QUOTE=Fenderson;37463001]Well, yeah, without government you have Somalia, the land of technical pickup trucks. Government is needed to ensure the rules of the game are fair- so that the solution to a competitor stealing market share isn't to burn down their building with a molotov. When you have too much government, that is to say government is dictating most production, loss of productivity happens due to the government's inability to know what people want produced and how to produce it.[/QUOTE] Exactly. Noble thinks that everyone will just play nice if their is no government.
[QUOTE=The Kakistocrat;37460603] They didn't eat because they decided it was worth it. When someone chooses to work in horrible conditions, it's because they have decided it's worth the money. [/quote] It's useless to point this out since 'whats worth it' is socially determined, at least in this case. Who cares if someone chooses to do something, if there's no alternative? This serves no function other than deflecting blame. [Quote]And that is not coercion. Without employers, employees would die anyways. Therefore, the employer does not force people to work, he allows them to work.[/QUOTE] Yes it is. If all the means of production are privately owned, that leaves no choice for laborers to be anything but a commodity. This is the essence of wage slavery. Employees would not die, because it's not as if in the absence of a capitalist they can't feed themselves and distribute labor. You don't actually think we didn't work before capitalism right? Work is a necessity for the individual and the society to survive. It would be done regardless of whether or not some twit owns the property and pays wages, because there is a community to sustain. True, capital 'allows' workers to work, but that means nothing except private property exist. Let's not pretend employment is some kind of fucking charity we should be grateful to our employers for.
[QUOTE=Conscript;37471606]It's useless to point this out since 'whats worth it' is socially determined, at least in this case. Who cares if someone chooses to do something, if there's no alternative? This serves no function other than deflecting blame. Yes it is. If all the means of production are privately owned, that leaves no choice for laborers to be anything but a commodity. This is the essence of wage slavery. Employees would not die, because it's not as if in the absence of a capitalist they can't feed themselves and distribute labor. You don't actually think we didn't work before capitalism right? Work is a necessity for the individual and the society to survive. It would be done regardless of whether or not some twit owns the property and pays wages, because there is a community to sustain. True, capital 'allows' workers to work, but that means nothing except private property exist. Let's not pretend employment is some kind of fucking charity we should be grateful to our employers for.[/QUOTE] i'm not saying that employment is charity. I'm saying it's a choice. If you don't want to work for someone, go work for yourself. People do it all the time. [editline]30th August 2012[/editline] and without capitalists, there would be no one to supply the capital. No capital means no company, and no company means no jobs. Without capitalists, we would still be living in the stone age.
[QUOTE=The Kakistocrat;37473713]i'm not saying that employment is charity. I'm saying it's a choice. If you don't want to work for someone, go work for yourself. People do it all the time.[/QUOTE] Except that the desperately poor do not have the means to do that, and can be easily exploited by an employer (sans breaking minimum wage) if there is no viable alternative in that person's area.
[QUOTE=The Kakistocrat;37473713]i'm not saying that employment is charity. I'm saying it's a choice. If you don't want to work for someone, go work for yourself. People do it all the time.[/quote] Yes, it's called subsistence farming. It's been a dying trend since the 19th century. Working for yourself is no alternative. [quote]and without capitalists, there would be no one to supply the capital. No capital means no company, and no company means no jobs. Without capitalists, we would still be living in the stone age.[/QUOTE] This is a non-issue since labor precedes capital. If you were right, our society would have gotten nowhere from day 1 because, of course, we started off with no money. Labor creates wealth and its productivity is what makes expansion possible. Capital is only really necessary to facilitate the self-regulating of the market and its distribution of resources.
[QUOTE=Megafan;37473966]Except that the desperately poor do not have the means to do that, and can be easily exploited by an employer (sans breaking minimum wage) if there is no viable alternative in that person's area.[/QUOTE] I don't think that's true, the CVS down the street from me, if you work there they will train you for free to become a pharmacy technician. If you can't take out a student loan (which is perfectly fine if you major in something that isn't stupid and people will actually need) there are many parties who are willing to fund your training. There are always labor shortages occurring in a variety of fields all over the US. You could move to ND for a few years, get free rigwork training because there is a big oil worker shortage, and have a salary. You can study a huge variety of IT subjects and obtain certification to work simply by passing a multiple choice exam. You can join the army and get technical training. I think poor people are poor because they want to be, not that there is anything wrong with their decision. The only way, in America, I can see how someone didn't choose to work for minimum wage is their parents sucked and raised them to be an idiot. You're kinda right, it is harder for the poor because they don't have enough labor resource to be of big of an asset, but they can get training and even without training miner strikes in South Africa were one of the things that brought an end to apartheid. [editline]30th August 2012[/editline] [QUOTE=Conscript;37474148]Yes, it's called subsistence farming. It's been a dying trend since the 19th century. Working for yourself is no alternative. [/quote] What people do is they grow their own vegetables, take money from banks and put it in credit unions, form cooperatives for employment, goods, and services, don't drive a car, don't show up to work, and don't go to the shops. Basically they take control of their own lives, not needing to rely on the government or the economy.
You know just as well as I do if opportunity was as widespread and easy as you say, these avenues would become saturated and less of value as people start performing them. Ultimately you make a living one of three ways: off the sale of your labor, off the sale of others' labor through capital, or a combination of the two as a petty capitalist. There is no 'taking control of your life' and not relying on the economy unless you go find some unclaimed land and live as a subsistence farmer. People are poor and unemployed because there is a systemic need for them to be that way, not because they 'choose to be'. That's a ridiculous idea and implies a significant chunk of our population act against their own nature. We're born to manage resources.
[QUOTE=Conscript;37475100]You know just as well as I do if opportunity was as widespread and easy as you say, these avenues would become saturated and less of value as people start performing them. Ultimately you make a living one of three ways: off the sale of your labor, off the sale of others' labor through capital, or a combination of the two as a petty capitalist. There is no 'taking control of your life' and not relying on the economy unless you go find some unclaimed land and live as a subsistence farmer.[/QUOTE] It isn't easy at all, getting a salary. Whether you were born with the money to go to college or have to barrow it, in order to earn a salary you have to put forth lot of work for nothing in return, that is why those jobs are expensive. Opportunity totally is as widespread as I say is, thing is though that you can't just pull an education out of your ass, you have to work for it. Also there is 'taking control of your life', when a cause is important enough people are willing to go communist to make it happen, and I don't mean that shitty government tells you what to do or else you get shot communism, it's the kind of communism that happens when people are actually willing to cooperate and are motivated to work for their cause, the kind that can never be mandated by government. Cooperation through the free market's consumer sovereignty. Consumer sovereignty is a word economists use to refer to people's ability to dictate the production of goods. When things get bad enough, people form purchasing parties, voting blocs, credit unions, people cooperate, but that only happens when there is no cold beer. Take a look at history, this is how people carry out peaceful revolutions, by being independent of the economy and the state by sacrificial and cooperative means. This is also how unions negotiate wages. The end of apartheid is probably the best and most shining example of consumer sovereignty bringing about change. South African miners crippled the South African economy by refusing to show up to work. [editline]30th August 2012[/editline] [QUOTE=Conscript;37475100]People are poor and unemployed because there is a systemic need for them to be that way, not because they 'choose to be'. That's a ridiculous idea and implies a significant chunk of our population act against their own nature. We're born to manage resources.[/QUOTE] There are as many unskilled workers as the economy needs, the price of unskilled labor is set according to how many people think it is worth it to go to college. Less unskilled workers, higher wages, more unskilled workers, lower wages. Markets are usually at equilibrium, this includes the unskilled labor market. There are as many unskilled workers as there is people who would rather subside off minimum wage because of price of unskilled labor is set by the amount of people willing and able to do it.
[QUOTE=The Kakistocrat;37470773]Exactly. Noble thinks that everyone will just play nice if their is no government.[/QUOTE] I don't recall making this claim.
[QUOTE=Megafan;37473966]Except that the desperately poor do not have the means to do that, and can be easily exploited by an employer (sans breaking minimum wage) if there is no viable alternative in that person's area.[/QUOTE] true, that is a problem. But working for a minimum wage job with long hours is better than not working at all. I believe that with hard work, individuals can move up and out of poverty. Even if they don't, they can still help their children get out. [editline]30th August 2012[/editline] [QUOTE=Conscript;37474148]Yes, it's called subsistence farming. It's been a dying trend since the 19th century. Working for yourself is no alternative. This is a non-issue since labor precedes capital. If you were right, our society would have gotten nowhere from day 1 because, of course, we started off with no money. Labor creates wealth and its productivity is what makes expansion possible. Capital is only really necessary to facilitate the self-regulating of the market and its distribution of resources.[/QUOTE] working for yourself is no alternative? substinence farming is the only a other option? what world do you live in? and capital is necessary. Without capital, how will someone afford to start a business? Our civilization started before tools, before industrialization. In a modern economy, capital is needed. Without it, every company would have to reinvent the wheel. Seriously, do you plan to build a screwdriver with only your hands? [editline]30th August 2012[/editline] [QUOTE=Conscript;37475100]You know just as well as I do if opportunity was as widespread and easy as you say, these avenues would become saturated and less of value as people start performing them. Ultimately you make a living one of three ways: off the sale of your labor, off the sale of others' labor through capital, or a combination of the two as a petty capitalist. There is no 'taking control of your life' and not relying on the economy unless you go find some unclaimed land and live as a subsistence farmer. People are poor and unemployed because there is a systemic need for them to be that way, not because they 'choose to be'. That's a ridiculous idea and implies a significant chunk of our population act against their own nature. We're born to manage resources.[/QUOTE] "taking control of your own life" does not mean leaving the economy. Do you want people to leave the economy and live in isolation? why? I never said that people are poor or unemployed because they "choose to be that way". At the same time, there is no systematic "need" for that. How does unemployment help the economy? and while hiring poor people might help companies save money, it hurts the economy as a whole because they are not consumers. I'm not saying that poverty is a good thing. I'm saying that the solution is not handouts or artificially high wages. The solution is to create more value in the economy. We need a growing economy, especially in skilled areas. The less unskilled labor, the less low payed labor. I'm not saying that poverty will ever be eliminated, but it can be significantly reduced.
[QUOTE=The Kakistocrat;37477830]true, that is a problem. But working for a minimum wage job with long hours is better than not working at all. I believe that with hard work, individuals can move up and out of poverty. Even if they don't, they can still help their children get out.[/QUOTE] You can barely support yourself and a kid in a 2 bedroom apartment on minimum wage, what on earth makes you think that: a. it is any kind of reasonable living standard or b. that a poor kid will be able to reasonably get out of that situation? Especially when college tuition is high, and when the job market is so tough, it's preposterous to say that working minimum wage is "better than nothing" and that you can crawl out of it. The first essentially means nothing, of course receiving [I]some amount of money[/I] for [I]some work[/I] is preferable to homelessness, but as I said it's by no means a reasonable standard of living to be on minimum wage.
[QUOTE=Megafan;37478421]You can barely support yourself and a kid in a 2 bedroom apartment on minimum wage, what on earth makes you think that: a. it is any kind of reasonable living standard or b. that a poor kid will be able to reasonably get out of that situation? Especially when college tuition is high, and when the job market is so tough, it's preposterous to say that working minimum wage is "better than nothing" and that you can crawl out of it. The first essentially means nothing, of course receiving [I]some amount of money[/I] for [I]some work[/I] is preferable to homelessness, but as I said it's by no means a reasonable standard of living to be on minimum wage.[/QUOTE] It's not a reasonable living standard, but people aren't on minimum wage because they companies are evil and force them, it's because that's what their labor is worth. And there are many ways that child can get out of that situation. First off, there are many ways to get scholarships. Even if they can't get into or afford a four year school, they can always get an education at a community college, going part time if they need to. Also, a high school education is many times the only thing needed to keep kids out of poverty. [QUOTE]One of our arguments, based in part on a Brookings analysis of Census Bureau data, is that young people can virtually assure that they and their families will avoid poverty if they follow three elementary rules for success – complete at least a high school education, work full time, and wait until age 21 and get married before having a baby. Based on an analysis of Census data, people who followed all three of these rules had only a 2 percent chance of being in poverty and a 72 percent chance of joining the middle class (defined as above $55,000 in 2010). These numbers were almost precisely reversed for people who violated all three rules, elevating their chance of being poor to 77 percent and reducing their chance of making the middle class to 4 percent. [25] Individual effort and good decisions about the big events in life are more important than government programs. Call it blaming the victim if you like, but decisions made by individuals are paramount in the fight to reduce poverty and increase opportunity in America. The nation’s struggle to expand opportunity will continue to be an uphill battle if young people do not learn to make better decisions about their future. [/QUOTE] [URL="http://www.brookings.edu/research/testimony/2012/06/05-poverty-families-haskins"]http://www.brookings.edu/research/testimony/2012/06/05-poverty-families-haskins[/URL]
[QUOTE=The Kakistocrat;37478667]It's not a reasonable living standard, but people aren't on minimum wage because they companies are evil and force them, it's because that's what their labor is worth. And there are many ways that child can get out of that situation. First off, there are many ways to get scholarships. Even if they can't get into or afford a four year school, they can always get an education at a community college, going part time if they need to. Also, a high school education is many times the only thing needed to keep kids out of poverty.[/QUOTE] Do tell how someone barely sustaining themselves on minimum wage can load up on scholarships to attend college and go after they finish what is most likely an 8-hour working day?
[QUOTE=Megafan;37478733]Do tell how someone barely sustaining themselves on minimum wage can load up on scholarships to attend college and go after they finish what is most likely an 8-hour working day?[/QUOTE] There are a shitload of certifications that can easily be self-thought, a shitload. Community college credits are like half the price of university. There are many parties willing to subsidize your education, employers, philanthropists, the government. Where I live the community college is free as long as you are in highschool, it is very possible that someone could graduate highschool with an AA degree they got for free, it is not easy at all though. If I were having a kid and was expecting to raise it on minimum wage, I'd buy some books, work eight hours, study eight hours, sleep eight hours, take the certification exam, and be wait on the responses back as the baby is being born. Also poor people in America have a great standard of living, Americans have no idea what poverty is like. Poor people in America own washers, dryers, refrigerators, TWO televisions, etc. I think what job someone ends up with is the result of someone's desire to pursue higher learning. My 21 year old asshole brother has all his college already paid for through the 529 program but he probably isn't going to use them.. It's weird to me that he doesn't want to go, because I find college quite thrilling. I learn more in a week of class than I do in a year on my own, I feel intellectually elevated. I think people don't choose to be unskilled when their parents suck. Statistically kids who gather at the dinner table to eat with their parents every night at a regular time will be better off, kids whose parents will read to them at night. I wouldn't want college to be free, I think one of the reasons why American highschools are a mess is because people are more entitled to highschool education than they used to be. Everything is the teacher's fault.
[QUOTE=Megafan;37478733]Do tell how someone barely sustaining themselves on minimum wage can load up on scholarships to attend college and go after they finish what is most likely an 8-hour working day?[/QUOTE] Four year college is mostly out of reach (unless they get a full ride), but many people go to community college while also working. And as I showed before, a college education is not required to stay out of poverty. People born into poor families can still move up into the middle class.
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