Replies to post #670347 on Zeev's Turnips Patch-No Politics (ZEEV)

[gottfried]

zab, I agree. When I said >Of course, some workers trust management to always do the right thing.< it was sarcasm.

PS: we live in the age of disposable workers. The table is tilted: management can always find other workers but workers cannot always find another job.

[brightness]

So when was the last time when we were at Walmart, or any grocery store, faced with a $100 bill running up on the register, and told the clerk that:"Since you are a minimum-wage worker, here is an extra $10 just for you" ?? Since none of us has ever done that, out of what must have been thousands of times at the checkout in our life-times . . . why should the management be expected to do that for the same person at the other end of the counter each and every day throughout the year? $10 a day, that's what less than a $1/hr raise would result in cost after payroll tax witholdings.

BTW, I do participate in charitable givings several times a year, and I kept some employees for months on the payroll without much work for them at the beginning of the recession, until they could find other jobs. It is however highly unrealistic to expect employers in highly competitive businesses like Walmart or grocery stores to do that.

Banks and Financial Institutions that engaged in selling those bogus mortgages would have been put out of business by depositors withdrawing money . . . if not for the Keynesian bailouts that their apologists were making excuses for back then. America has become a country where privilege is more important than productivity precisely because of government interventions. Whenever the government intervenes, it creates privileges: for the benefit of those it intervenes in favor of, and at expense of those it intervenes against. Just like the autoworker unions served the interest of the union bosses, politicians and a small minority of workers who were drawing much higher wages than other workers, all at the expense of the vast majority of other workers and all who had to buy a car . . . the teachers' unions benefit the union bosses, politicians and a tiny minority of all workers who are lucky enough to hold a tenure, at the expense of the vast majority of the society who have to pay tax at gun point to support the spoils system and especially the kids and parents who suffer from over-priced and low-quality education due to the monopolistic system