Quote:
Originally Posted by Derwood
yes, because every part time worker at Wal Mart has that career path available to them.
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Not every Wal-Mart employee wants a career path. Some just want a part-time job. Those that do want a career path, it is available. All they have to do is work hard, learn new skills and let their desires be known.
---------- Post added at 07:41 PM ---------- Previous post was at 07:30 PM ----------
Quote:
Originally Posted by roachboy
no wonder you prefer to pretend nothing's broken, ace.
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You mock the fundamentals we learn in Econ 101, then you ignore those fundamental principles or what you consider "market metaphysics" - well here is some basic "market metaphysics" for you to chew on.
When the price of a good or service (labor) is kept artificially above equilibrium (i.e. - minimum wages, prevailing union wages, forced employer mandates, etc.) there will be a surplus of that good or service (entrenched unemployed or full employment defined as any number greater than 0%). The only way to address the situation is to remove the reasons the price is forcibly maintained above equilibrium, i.e. - the government creating an environment friendly to employers actually employing. You can play pretend games that there is a magical unknown force at work, and you can pretend there is some magical way to address unemployment without addressing the supply/demand/price question - but it is clearly fantasy. This is not complicated stuff.