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

To: shadowman who wrote (91772)	8/22/2001 2:03:22 PM
From: Don Lloyd	Read Replies (1) \| Respond to of 132070

Dennis - ...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.... What does 'equitable' have to do with it? Employment in the private sector is simply another form of voluntary economic exchange. For the transaction to occur, both the employer and the employee must mutually value the goods or services received more than they value the goods or services, including money, expended. If the employee demands too high a price for his labor, whether or not it is a result of a legal minimum wage, the employer MUST, for his own survival, and/or in exercising his fiduciary duties to his shareholders, decline the offer. Regards, Don