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originally posted by: ketsuko
a reply to: crazyewok
And that's what the market is for. You want a good janitor? You can't decide to only pay him $1.25/hour. You won't find someone to work for that. It's a balance between what someone will take and what you will offer. Additionally, there are other employers, and they all need janitors, too. So, you have to compete against them also. If you can't pay the most, you find other ways to make your company attractive like employee perks.
But imposing artificial floors and ceilings is damaging. How many people are going to hire teenagers with a so-called living wage? So, what kind of jobs are left for teens to get an entry into the market, and how sad is it that grown adults now expect to make a living on jobs that traditionally used to be teenage first jobs?
originally posted by: Shiloh7
a reply to: netbound
Its getting horrific in the UK in the ways you mention. Apparently we are even experiencing a brain drain of our youngsters after they leave university. This is the second time we have had a brain drain. We suffered for years when the middle management fled and now its our youth.
If you saw the piffling increases in things like the State Pension, which is one of the lowest in Europe, you would never think that the UK is considered a wealthy country.
Our middle class is slowly disappearing yet we have exactly the same as you an ever wealthier elited lauding it over everyone here. I saw a documentary where our minimum wage was tried out by a politician who did a little programme on his progress to live for a week on it. He failed miserably and couldn't believe the hardship such low money incurred. I have never seen this repeated and it got so little publicity, whereas it should have been front page for the media. We have also had experiments done on tryhing to live on benefit here and again the result was disastrous, I suspect the politicians were embarrassed and the media simply didn't give this subject any coverage.