pmb

Scattered things...

May 11, 2006 14:14

  • I remain skeptical of quite a few things that Hillary Clinton stands for - increased censorship is pretty much always wrong, and she's too willing to roll over and find the "middle ground" between the centrist position and the loony right - but linking the federal minimum wage to the congressional wage is a stroke of genius.
  • 12 catches of 5 clubs ( Read more... )

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Comments 44

akjdg May 12 2006, 07:23:43 UTC
I have no idea what's going on in this thread, but now I'm comment #42. Yeah, I'm cool.

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amoken May 12 2006, 17:28:37 UTC
I recall a somewhat whimsical discussion in the Objectivist Club wherein we decided Congresscritters should be paid a set amount to begin with, and for each new law or bill they vote to pass, they'd have to relinquish some amount of their salary. I don't believe we came to a conclusion about whether we should give some back for each law they strike down. It definitely appeals to my sense of esthetics, as well as my hatred of "I'll vote for yours if you vote for mine" and other political wheelydealies, but I can't say I'd actually expect it to work as hoped.

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zudini May 12 2006, 22:25:48 UTC
I don't really know anything about economics or politics, but it seems to my naive mind that raising the minimum wage just pushes more jobs offshore, so that the real benefactors of such a bill are China and the shipping industry.

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pmb May 12 2006, 22:37:42 UTC
Yes and no. In theory, that's how it works. But in practice, modest increases to the minimum wage don't seem to be correlated with increased unemployment. My gut says that there exist levels of squalor that, as people living in the richest nation ever, we are not okay with seeing our fellow human living in. Starving in the streets, children losing limbs to polio, that kind of thing.

The minimum wage is then our society's expression of "People should not have to live below this level of poverty, no matter who they are".

I'm pretty sure that the idea that I describe in the first paragraph can be concretely shown to be the right thing on almost every level by using various intra-country biodiversity measurements (we all share at least X% of our genes in common), the price that people seem to assign to their own lives (1.6 to 2.5 million last I checked), and JS Haldane's remark that he wouldn't die to save his prother, but he would die to save 2 brothers, or 8 cousins.

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