Update and change of subject, but it’s still about China: Here is the path my Apple iPad traveled to get to New York. Now, don’t get me wrong, I think we should trade with China, but we need to get tougher with them. They are playing with their currency and they steal our intellectual and physical property. I really would like the regulations for businesses eased so more of this product could be made here and I’d like to see China shape up before we send all our business their way.
Free markets aren’t evil. Capitalism isn’t evil. Making a just wage for an appropriate skill level isn’t evil. Entitling people with money not merited is stupid, anti-work-ethic, and unaffordable. Our unskilled jobs now have to go overseas so the products can be made affordable. There are a lot of reasons for that, but my focus in this article is on the minimum wage. Low-skilled jobs were never meant to be a career path. That takes me to Apple.
I just ordered my IPAD, but I might be waiting a while for it. It’s coming from China. Not one iota of it is made here, assembled here, or anything here. I’m sad about that because we have 24% unemployment among our youth, 50% among young minorities. These were jobs they could have taken. That’s not to say, Apple doesn’t employ a lot of people here, but they are higher level jobs such as computer techs.
Aside from the United States’ burdensome taxes, the fearsome Obamacare on the horizon, thuggish unions, and overbearing regulations (which makes it hard for me to understand why people like Steve Jobs are Democrats), we have another culprit – the minimum wage.
Low paying jobs should be just that – low paying jobs. There ARE, don’t tell me there aren’t, people who will take them who are actually here legally.
Cost is a major factor when setting price and even deciding on whether or not one is going to launch a product. If you price it right, the people will come. If someone is unskilled and costs more than his productivity is worth, then an employer is not going to hire him. Duh!
Machines cost less. Automation saves money when the clerk becomes too expensive.There are many people with disabilities who need these types of jobs and they don’t need to make that extra $1.50, they need a job, but the employer can’t afford them and still make a profit.
Why has this happened? Because the minimum wage has made unskilled and low-skilled workers too expensive and cost ineffective. The government needs to stop being beneficent and get out of the free markets way. They are killing jobs. JOBS ARE BENEFICENT.
If setting wages was the right way to go, it would be so simple, but unfortunately, it doesn’t make unskilled labor worth the money. Unskilled employees become skilled, most times, starting with low skilled jobs and working their way up. That is no longer available to our people except in small ways.
It’s not the government setting the wages that works, it’s increasing worker productivity through experience and training in the now almost non-existent first tier jobs. I have a relative who was a supermarket checker making $80,000 a year. When did supermarket checker become a career path. Obviously, the union had something to do with this insanity so now her supermarket doesn’t hire full time checkers – only part time, but that’s for another article. The unions took the concept behind forcing wages beyond what the worker is worth and brought it to a whole new level.
No one wants to see 50 cents an hour jobs, but the minimum wage was where it needed to be.
I met a man from Italy and he said there are no jobs there. He said you certainly can’t get two jobs. He’d be grateful for two jobs to save money for a house. But the two job ideas needs to include a low level job. We can kiss that goodbye.
Think of all the unskilled jobs those Apple products could have created if we didn’t have unreasonable unions, overbearing government regulations, forced Obamacare on the horizon, high taxes, and, of course, the minimum wage. Read here: Peter Schiff’s take on the minimum wage.