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View Diary: How to get people out of the cycle of poverty? (48 comments)

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  •  Low paying jobs are the result of (1+ / 0-)
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    pure economics -- the law of supply and demand.  

    It does not take any specific skill or education to do most low paying jobs. There are lots more people qualified to do them than there are jobs. So, someone who wants to hire an employee for an unskilled position does not need to pay much to get the kind of person he wants to hire.

    On the other hand, right now there are not all that many qualified people able to do some highly technical engineering jobs and there are not enough people going into engineering in college.  So, engineering graduates, especially those with very good academic credentials, can command higher salaries.  

    Nobody sat down and said, "we don't like Joe Smith, so we'll make sure we don't pay him much."  People DO sit down and say, we want hire a person with x skills.  How much, in this market, do we have to pay to get someone with the skills we want?  The easier it is to find someone with the skill level you want, the less you have to pay.  

    For an individual, one of the best roads to a better income is to gain skills in an in-demand area.  

    Do you really think these jobs just disappear if one individual, or one million individuals, go out and get an advanced degree?
    Not everyone is going to want to get an advanced degree in an area like engineering in exchange for the extra income.  That's a personal decision everyone makes (and I am fully in support of making it easier for people who want to gain extra education and/or skills to do so). But for those who DO want to increase their own earning potential and stay out of poverty, gaining marketable skills in a high demand area (and that's not limited to college degrees) is one of the best ways to do that.

    The problem we have now is that there are far more people who are only qualified to do relatively unskilled work than there are those kinds of jobs. That's why the unemployment rate is so much higher, and wages so much lower, for people without a high school diploma, for example.

    •  "Pure" economics? Where do these (1+ / 0-)
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      "pure" economics exist?

      They're a result of our societal decision that people should be free to exploit the labor of others while paying them a wage sufficient to support a basic humane standard of living.

      You did, in fact, sit down and decide "I don't like the nasty people who clean the stores I shop in, and so I don't mind their employer paying them far less than a living wage".

      It's a choice you made, and one you're now doubling down on.

      I don't much care about "an individual", and this diary does not purport to be about "an individual".

      We cannot end poverty by shrugging our collective shoulders and saying "Eh, well, as long as there's a path for a few to escape it..."

      If everyone in the US without a high school diploma went out and earned one tomorrow, are you seriously trying to tell me right now that wages at Burger King would budge?

      Someone has to flip the burgers, and feed the incompetent spoiled upper middle class clowns who can't slice deli meat for a week without losing a finger.

      All that's left is to decide if we're comfortable with those people living lives of misery.

      You've declared that you are.

      Mr. Universe is a known degenerate Robotophile, and his sources include former Browncoat Traitors. What is their agenda in leaking top secret information about the Reavers and endangering us all?

      by JesseCW on Fri Aug 23, 2013 at 09:51:38 AM PDT

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      •  Who is calling anyone nasty? (1+ / 0-)
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        All honest work should be respected.

        In the US the job market is one of the best examples of the free market. While it may not be the case in some small cities and towns with a dominant employer our major metro areas have all of the elements of a classic free market. We have thousands of employers, offering hundreds of thousands of jobs and hundreds of thousand job seekers. No one employer can set the price of labor so is set by a market clearing price. An employer advertises a job, and a compensation range, and people who have the skills required and are willing to work at that job compete for the position. The employer picks the best one (in their judgement) and a market clearing price is established.

        That's the free market at work.  

        "let's talk about that"

        by VClib on Fri Aug 23, 2013 at 08:52:02 PM PDT

        [ Parent ]

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