There would be a lot of people working for really shit wages. It's not that hard to predict. In places where the labor supply is larger than the demand, wages would be driven down below the current minimum. barfo
Based on other countries with no minimum wage, I would say that there would be stronger unions in place to negotiate on the workers behalf instead of relying on the government to set a standard. https://www.investopedia.com/articl...developed-countries-without-minimum-wages.asp
Actually, they shouldn't be. You see, workers at the wage level have no mobility and cannot move around to whatever job pays the most. You also have the added problem of vesting. You have to be at most companies for five years before your vesting begins. So, all in all, your mobility is very limited. Were such workers not limited in their mobility, I would tend to agree with you.
I was a union rep. at Boeing. Yes, engineers and technicians have their own union at Boeing and the president, Frank Schrontz, when I was there was an ex member of that union and a big supporter. It is called SPEEA pronounced just the way it's spelled. So, Washington state had a state law that said no matter what the status of an employee was, union or non union, he gets whatever benefits the union negotiates with the company. Kind of a shitty deal in my opinion. There's more.they wanted to fire this one engineer but needed a union rep to represent him before firing. They picked me so I had to argue for his remaining with the company even though he wasn't a member of our union, SPEEA, Society of Professional Engineering Employees in Aerospace. We were only at Boeing when I worked there, don't know about now.
Realistically, there is no minimum wage because we have over 10 million slaves willing to work for less than minimum and no safety rules or bennies.
I kind of feel like we are talking about different groups of people. There is plenty of mobility in unskilled labor jobs, I have about 10 fast food joints and twice as many stores all within walking distance of my house, and probably thousand more all within reasonable mass transit rides away. Employees are literally disposable in these industries. Both of your examples seem to reference skilled labor and even within Boeing style jobs there is some regional mobility, maybe not as much for aerospace engineers (but thats a limited field of study and not the only job at Boeing), but none the less skilled labor comes from a much smaller labor pool than unskilled labor, which gives them (you?) more bargaining power. Supply and demand.
without real estate agents making housing unaffordable a person could buy one on a wage ....greed hasn't made this possible...nothing to do with the labor force at all..more to do with snowballing profits and short term gains...at the expense of the working class...check out the homeless with the cardboard signs and you'll see very few are illegal aliens. The cost of living has not matched wages in a long, long time
Actually that's not how it works. True buying power has plummeted ever since the minimum wage was created, creating our current worst ever wealth disparity.
I had to join SPEEA in 2006. I had to be let go in 2010 when they unilaterally decided to let go everyone with <5yrs of service because they didn't win the Tanker Contract (at that time). When my management said to the union "can we keep this guy? He's won national awards and is bringing in lots of business" they were told "we don't tell you how to run your management, don't ask us to change how we run our union." Unions are great, if you're old and mediocre.
Don't sell yourself short, I think you're fabulous. And you have the gift for gab. Wit is an underrepresented entity nowadays.
Well, that's a nice thing to say. I think I'm going to have to go back and press 'like' on each of your 24,566 posts. barfo
Well, if you could get to at least half of them, @HCP might invite me to his next DND campaign. I have a 5th-level Mountain Dwarf Tempest Cleric I'm dying to put into melee. Channel Divinity and martial prowess? Wooo-wee.