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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Don Lloyd who wrote (91770)	8/22/2001 12:55:53 PM
From: Thomas M.	Read Replies (1) \| Respond to of 132070

If all you want is higher wages, just ask Congress to vote to slip newly printed treasury bills into every pay packet. Screw T-Bills - I want stock options! Puts, that is. -g- Tom

To: Don Lloyd who wrote (91770)	8/22/2001 1:33:34 PM
From: shadowman	Read Replies (2) \| Respond to of 132070

Don, We obviously have a difference in views.<g> In general, and over time, people tend to be paid the value of what they produce I think there's a lot of ceo's, cfo's and corporate pres and vp's in the high tech area in particular who might prove that statement suspect. But it's not endemic to high tech. What you say about pay for production may be true in some cases...but I don't believe that "pay for production" is equitable when comparing the low end with the high end. Corporate america's penchant for shipping production (and services) to the area that provides the lowest labor costs, is still a theory that has yet to prove it's worth as far as it's affect on the overall societies well being ...(as far as I'm concerned). If the largest consumer market for domestic producers is the US of A...then it would seem to be in the self-interest of companies that have something to sell to have a healthy and vibrant domestic consumer market to sell to? I'm not convinced that trying to minimize labor costs past a certain point, is anything but short sighted and self defeating. in general and over time: I don't think that there is any question that the minimum wage (which used to be closer to a living wage) has not kept up with inflation or the basic cost of living over the past few decades. I don't expect us to agree....I'm apparently way to the left of your economic and political philosophy. Your side has been winning the political battle since the late 60's(IMO)....eventually the pendulum will swing back.