Reader comments
Piecemeal reform is foll
5 comments | Read story
The first maxim of economics is that needs and wants are infinite, but resources are finite. At a low enough price demand for labor would be infinite, too. If I could pay $1 an hour (or if I were slightly richer) I could hire multiple servants to cater to my every whim - butler, maid, chaffeur, gardener, masseuse, tv channel changer...whatever.
What follows naturally from that is that "the economy" doesn't have any set number of workers it needs. The number varies indirectly with the price of the labor. Bring in 200 million new people tomorrow and we'd eventually find work for all of them. But would we as Americans be better off?
The fact is that every business today is skilled in the rhetoric of poor mouthing. Every job, apparently - programmers, doctors, nurses, teachers, construction workers, gardeners, farmers, an infinitum - is suffering an alleged shortage, in spite of the fact that business profits - the portion that the owners, not the workers, keep - are at record highs.
In that I have made this offer many times, I can only believe that the catch that stops employers from taking me up on this offer is that they are to darn cheap to pay a fair or competitive wage. They would rather pay slave wage rates to criminal illegal aliens.
Add your comment
Comments are monitored. Any comments found to be abusive, offensive, off-topic, misrepresentative, more than 200 words or containing URLs will not be posted.
E-mail address: For internal use only. We may want to contact you to publish your comment (not your e-mail address) in the newspaper or for a separate story idea.
- AP poll: Fine print prompts worries 9:09 a.m.
- Huntsman blogs on Obama trip 9:05 a.m.
- Court acts to reinstate death sentence 8:55 a.m.
- Greenpeace chief has fought poverty 8:52 a.m.
- U.N.: Iran facility to start in 2011 8:50 a.m.
- Religious speech appeal rejected 8:48 a.m.
- Atlantis set for afternoon launch 8:45 a.m.
- Rockets at Afghan market kill 12 8:43 a.m.
- Businesses cut inventories 8:34 a.m.
- Judge overturns genocide conviction 8:33 a.m.
- Apostle's wife felt comfort in attack
- MWC expand? Get rid of deadweight
- TCU stays 4th in AP; Y. 19th, U. 23rd
- Bennett at center of GOP storm
- Win in New Mexico good for Y?
- BYU happy to escape with victory
- TCU creams U.
- Relieved Cougs prep for Falcons
- RSL heads to MLS title game
- Jazz rookies had to grow up quickly
- BYU happy to escape with victory
231 - TCU creams U.
227 - Editorial: Mormons and gay rights
207 - Will state consider gay rights law?
149 - Can BYU root for (ick) Utah Utes?
131 - RSL heads to MLS title game
128 - Utes remain silent about BCS
120 - Celtics crush Jazz
104 - TCU stays 4th in AP; Y. 19th, U. 23rd
102 - 3A: Hurricane advances to title game
89
Maybe someone out there can help me understand how raising the state...
What a bizarre story! First, the headline: "GM reports $1.2 billion...
To Chance @ 8;38 am. Wow how did Rotties get brought up in this whole thing....
Of course, if she had chosen to mock or even curse God during her speech,...
"not enough fire in the gut" maybe that is part of what the problem. You're...
What about this that were not mormon? I guess they don't count.
I blame Coach Mendenhall and his predictable offense for the terrible showing...
You guys are CLUELESS!!! The Jazz front office go out and get these offensive...
Now that the homosexual agenda is nearing completion, perhaps it won't be too...
Man, u are just full of EXCUSES for yootah, aren't u? That's how we know you...
Wow: I was around in the fifties. Didn't hear any of the same things about...


Anything for dirt cheap labor. And how many fast food restaurants do we need? We're fat enough already!!! If a few went out of business for lack of minimum wage labor would anyone suffer?
I'm not a Mormon, but I do recall a Mormon apostle saying once that "we work to live, we don't live to work."
Likewise, the purpose of the economy is to provide goods for people to live. The News's attitude seems to be that the USA and its people exist only to provide workers for rich businessmen. What a sad, demented, messed up view of the world.
Oh, and have you noticed how much worse the traffic has been lately? Get used to it. Thanks to massive immigration we'll all be spending more and more of our increasingly precious free time in traffic jams. So many people in this world don't know how to connect cause to effect. Connect the dots, folks! More immigration means lower wages, more crowded schools, more crowded roads, more water shortages, and higher taxes! That's how Los Angeles got to be Los Angeles.