RE: Dems and long term mistakes.
November 7, 2014 at 6:35 am
(This post was last modified: November 7, 2014 at 6:48 am by Heywood.)
(November 6, 2014 at 11:17 pm)Brian37 Wrote: Agree 100% but I don't like the code by dems saying "nobody working 40 hours a week", because that still would not stop businesses from creating more part time jobs to keep wages down. We need livable wages and more full time work.
I think there is enough productivity in this country so that nobody should have to work a 40 hour week any more.
I don't like Obamacare and think that overall it is bad for the country. However I do see it having some good effects. First, it will destroy the 40 hour work week. This will cause a lot of pain over the short run as we've built our society around a 40 hour work week. Over the long run I see a 32 hour (or less) work week becoming the norm. I would like to see people having to work less.
Second, it does help people from getting locked into jobs just to maintain/have insurance. That whole boondoggle was the result of government interference in the labor market during WWII. During WWII demand for labor was high and the government put a cap on what businesses could pay employees. Since businesses could no longer raise salaries to attract employees, they started to offer fringe benefits instead. Employer provided health insurance was one of those fringe benefits.
(November 6, 2014 at 11:45 pm)Brian37 Wrote: Pay is not keeping up with the cost of living. The only way to create less dependency is to keep prices low and raise wages. Whatever profits lost in higher wages will be made up by more demand because workers will have more to spend.
This is simply not true. Poor people today live like middle class people of 1970. Homes today are bigger. More people have appliances. More people have cars. People have more food choices. I could go on and on.
You say pay is not keeping up with the cost of living.....but nobody is dying and everyone lives are getting better so your claim just doesn't match what we observe.