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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (16839)	5/29/2012 11:28:29 AM
From: Sdgla	2 Recommendations Read Replies (1) \| Respond to of 85487

You don't even see a problem because you see her as basically worthless. Try reading the post. The teller is paid a wage which he or she agreed to prior to accepting employment from the bank. People are worth what the free market dictates. If Jamie Dimon {try learning to spell koan} isn't worth what he is being paid he will get fired. Your wining about rich people is pathetic.

To: koan who wrote (16839)	5/29/2012 11:38:36 AM
From: TopCat	5 Recommendations Respond to of 85487

"Jamie Diamond is worth hundreds of millions and a bank teller is only worth 25K a year?" Do you think a real estate agent in Juneau Alaska should be paid more than a bank clerk? If so, why?

To: koan who wrote (16839)	5/29/2012 1:23:32 PM
From: longnshort	4 Recommendations Respond to of 85487

when you 'worked' for the state house, writing all those 'laws', were you paid more than the janitor there ? and if so why ?

To: koan who wrote (16839)	5/29/2012 1:41:21 PM
From: sm1th	3 Recommendations Respond to of 85487

That is your attitude about everyone. Yes it is, and I am proud of it. The market is by far the best mechanism for setting wages. If a bank teller doesn't like the pay, then they can try another career, nobody is forced to be a bank teller. If nobody was willing to take the jobs at the offered wage, the bank would be forced to increase wages to fill the jobs. The system works. All attempts by govt to decide value fail, since the money used to pay one group above their value has to be taken from more productive workers. How is that fair? They are beyond the law. They buy the congress and fix the tax rules and regualtions The way to fix that is not more taxes and regulation, but less. When the tax rates are high, it makes good sense to spend money to avoid taxation. When tax rates are low, it doesn't pay to avoid them. More govt is not the solution, it is the problem.