by EnergyUnlimited » Wed 07 Dec 2011, 06:34:05
$this->bbcode_second_pass_quote('ItalyRules', 'T')his problem is easily solved. Double the miminum wage and provide basic healthcare.
Show a little compassion for God's sake. $500.00 a week take home pay for 40 hrs/wk and the ability to go get a prescription when you need one, is not a lot to ask.
You must understand that once proper accounting standards are applied, you will find something like 80% of Western corporate world to be bankrupt.
Companies like GM in America or Unicredito in Italy are carrying on existing only due to perpetual accounting frauds.
Of course this charade is falling apart as we speak and prospects for employees there are bleak indeed.
Senior managers will get their golden parachutes though...
On the other hand small (non-corporate) businesses are commonly operating on low profit margins.
Any increases of minimum wage will only result in more and more workers being fired.
You are calling $250 weekly pay to be unfair and you consider workers earning this to be poor.
So look for example on Indian standards of pay where blue collar worker is earning $ 20 per week.
I would rather expect Western standards of pay to collapse to similar range than to double.
Oil age is going away and life in lalaland is about to change.
We can expect return to a situation where 0.1% makes new aristocracy, about 5-20% manage to keep their freedom and remaining 80% enjoys debt bondage and other forms of slavery.
That is how humanity used to work for thousands of years before oil age and it also will work like this after it.
Revolution?
Don't even think about that.
With current weaponry it would not even be a war.
It would be just an execution of defenceless crowds of revolutionaries.
And *if* for some miraculous reason revolution have succeeded, you will quickly enjoy North Korean or South Sudanese standards of life.