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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (364639)1/22/2008 9:40:10 PM
From: TimF   of 1576721
 
as I said "the opposition isn't 'that's immoral so it should be illegal', but rather 'that's killing an innocent person so it should be illegal'", the killing of innocent humans is the main moral issue the pro-life argument is concerned with.

A point without a distinction.


A point with a very major distinction inherent in it. There is a difference between normal immoral activity (say the way some people look at gambling, drinking, sex before marriage, adultery, or any number of other things), and actions that violate the rights of other humans.

You ignore the demand side of supply/demand. Companies cannot function without lower wage workers. Incremental increases in their wages won't substantially decrease their employment... companies won't start producing less goods or services. They will find other ways to cut.

They may and often do produce less, or even go out of business. When they don't they do so by increasing prices (hurting the consumer), or by hiring more productive but higher skilled workers, or by automating, or by outsourcing, or by changing their market focus. The first and last might not harm employment, but the first causes harm in other ways and the last is typically combined with one of the other responses.

BTW I didn't say CEO pay I said "top heavy".

Well than the statement makes a little more sense. Highly compensated employees in general are a much larger part of the wage budget than the CEO by himself. Still there is a reason why they receive high compensation. It isn't in economics terms a transfer to them. Forgive me if I suspect that the market is better at determining a practical wage rate than you (or than any other individual).
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