Pages:
Author

Topic: We need higher wages off course but goverment need to do one thing - page 3. (Read 727 times)

legendary
Activity: 2534
Merit: 1337
Can I ask a question to the public who want the state to solve their issues ?
Tell me - do you really not understand how the financial model and the economy of the country works ? I'm not going to give you a long description now, I'll just give you a hint - don't you want to stop demanding the state to spend money and effort, and make your neighbors around you to create jobs and pay taxes honestly and in full? Yes, yes, that's a strange proposition. One more hint - if you want the treasury to be filled and the state to carry out social programs, it needs money. But there are only two options to fill the budget: taxes or printing money. The second option you will obviously not like very much....
This idea that governments need to do something about every single thing that happens is a big flaw on the mentality of a great deal of the people of this era, governments are only truly needed when it comes to securing the country from internal and external threats and to withhold the contracts between two different parties, everything else is nothing more but the government going beyond its original reasons to be, and setting price controls like the OP proposes is an idea which has been tested on the past with awful results, so I do not see why we need to try again a policy that cannot possibly work.
sr. member
Activity: 1428
Merit: 344
In USA 3000$ minimum Europe 300€-3500€ minimum wage i think UK there 4000$ minimum. Wage
But goverment need to regulate just
Rent prices , energy prices ,food prices.
So If you want to put food price up then you need to be approved by goverment only then you can go over price limit.
We need wages up but same time our regular costs need to be not go over limits.

So things we need goverment must keep prices check becouse the economy is playground and goverment duty is to be judge that everybody play fair game.
I do agree that a higher minimum wage is required and that means we are talking about a situation that would also put the companies at risk and hire a lot less people. In a world where that's the minimum wage, it would mean that a lot of people would not be able to make a lot of money since unemployment would go up like crazy, and we should be careful about what we are wishing for since it would cause a lot of trouble for everyone. Just realize that it's going to be a tough deal and you are going to end up with an issue that would not be all that smart. Get it going as much as you can, and you should be quite happy with what's going on.

I get that it is going to end up being a little bit difficult, but we are going to have something decent in the end if we just make it a little higher. The difference between making it super high and killing all the companies versus making it a little higher and keep the companies but allowing people to breath a bit easier is important distinction.
If there's one thing about the government, it is that they care less about the warfare of their citizens compared to their wallet.
It is as it is, and the minimum wage is only a fraction of what a normal salaried job would offer.
The control is what the government is after and they would try as much to keep the citizens poor inorder to be able to control them.
The initiative of crypto currency is what makes the citizens seee through the operandi and be able to survive the strict regulatory policies set up by the government to contain its citizens.

Let there be more jobs instead and more campaigns about BTC or cryptocurrency just to make citizens free of wages complaints and government intervention wages to stay alive.
hero member
Activity: 2968
Merit: 670
www.Crypto.Games: Multiple coins, multiple games
In USA 3000$ minimum Europe 300€-3500€ minimum wage i think UK there 4000$ minimum. Wage
But goverment need to regulate just
Rent prices , energy prices ,food prices.
So If you want to put food price up then you need to be approved by goverment only then you can go over price limit.
We need wages up but same time our regular costs need to be not go over limits.

So things we need goverment must keep prices check becouse the economy is playground and goverment duty is to be judge that everybody play fair game.
I do agree that a higher minimum wage is required and that means we are talking about a situation that would also put the companies at risk and hire a lot less people. In a world where that's the minimum wage, it would mean that a lot of people would not be able to make a lot of money since unemployment would go up like crazy, and we should be careful about what we are wishing for since it would cause a lot of trouble for everyone. Just realize that it's going to be a tough deal and you are going to end up with an issue that would not be all that smart. Get it going as much as you can, and you should be quite happy with what's going on.

I get that it is going to end up being a little bit difficult, but we are going to have something decent in the end if we just make it a little higher. The difference between making it super high and killing all the companies versus making it a little higher and keep the companies but allowing people to breath a bit easier is important distinction.
hero member
Activity: 532
Merit: 508
Leading Crypto Sports Betting & Casino Platform
In a free market where there is competition, producers, marketers, investors, and traders are allowed to freely sell at a price that they desire for their commodity, and it's also up to consumers to decide if they will buy at that price or not.

As we already know, the price of goods is determined by the supply and demand of that goods in the market and also the cost of producing that item. That's to say, you can't expect the government to control prices while they are not in charge of the production of those goods.
sr. member
Activity: 1386
Merit: 326
Eloncoin.org - Mars, here we come!

I really agree with what you say, it's better for us to have skills that can generate income for ourselves rather than waiting for the government to be able to stabilize the prices of goods because I think this might happen if the government does it really well, but if we don't have a It would be better if we can learn skills to be able to have skills that can earn income for ourselves.
Indeed, it would be better if we could have an income according to what we need and we would be financially free and able to meet the needs we need and not expect it from the government.

Government cannot understand our situations therefore we should earn according to our needs because now a days fulfilment of one's needs is becoming hard so try to evaluate your skills and find a job that can offer you an experience as well as money. Government cannot minimize prices of goods because materials are available in less quantity but population are larger so its our responsibility to search about ways of earning that higher price does not effects our necessitates.

Government's support is necessary so it can increase job opportunities for individuals but there are some requirements for jobs which every individual cannot provide but they are still blaming government for such happening. I think everyone should find a job according to his education and abilities and if he is uneducated then there are expanded source of business which will help him to earn a well suited amount each month.
sr. member
Activity: 1372
Merit: 268
Graphic & Motion Designer
In USA 3000$ minimum Europe 300€-3500€ minimum wage i think UK there 4000$ minimum. Wage
But goverment need to regulate just
Rent prices , energy prices ,food prices.

Which country are you talking about need to regulate prices of that goods? If you are talking USA and England that that's not applicable on their governmental system, they aren't a socialist country, they adopt free market economy meaning that market decide the price. What the government could do probably subsidize or give incentive to people who want to buy those stuff, but giving 'free money' to just people most of the time leads to bigger problem, than solving all of them.
sr. member
Activity: 1190
Merit: 296
Traders cannot increase the price of anything at will even if they want to see that such prices are fixed by the government or wages are fixed. It cannot change the price of anything at will, that is why the economic condition of that country is so advanced. While the minimum wage in all other countries is $80 to $100, in countries like America or UK, the minimum wage is $3,000 to $4,000. The minimum wage in America and England may be three to four thousand dollars, but there is as much money to be made as it is to be spent. The economic condition is quite advanced and the country is one of the most developed countries, so in addition to all other costs, wages are also high in these countries.
legendary
Activity: 3752
Merit: 1864
Can I ask a question to the public who want the state to solve their issues ?
Tell me - do you really not understand how the financial model and the economy of the country works ? I'm not going to give you a long description now, I'll just give you a hint - don't you want to stop demanding the state to spend money and effort, and make your neighbors around you to create jobs and pay taxes honestly and in full? Yes, yes, that's a strange proposition. One more hint - if you want the treasury to be filled and the state to carry out social programs, it needs money. But there are only two options to fill the budget: taxes or printing money. The second option you will obviously not like very much....
hero member
Activity: 1078
Merit: 509
Leading Crypto Sports Betting & Casino Platform
Authorities need these capitalists to keep the economy going so they can't just impose price caps. You'll probably do better in increasing your income instead of relying on the Government to regulate prices of goods and services that are controlled by private individuals. Upskill or learn new skills and maybe spend more hours working per day to earn more. Having a full-time and part-time job at the same time helps a lot.
yeah life nowaday is all about competition and winning at money making, just waiting for the government to stabilize the price of goods might prove to be ineffective because along the way we might've better off spending our time to learn some new skill increase that earning, but i know full well that such thing is also difficult and requires a lot of dedication.
but also can't deny the fact that government have vital role in stabilizing the market in the whole world because they are the central that regulate and rule over certain territory so that if they decided to keep the price of commodities and foods stabilized then it will.
at least nowaday economy started to stabilize and we've seen many decrease in commodity price but still, there are inflation to beat and the amount of inflation isn't measly either.
if we can just improve our earning maybe to become twice if not thrice of current minimum wage that already sufficient enough but we should strive to earn for financial independent.
Government would really be the ones who would really organize and trying out to control on everything on which it would really be that basically that citizens would really be following on what are the things
that they've been able to govern. Just like been said by others that not everything should really be taking the blame if ever there would really be those sudden price increase or having no increase in wage
because everything would really be just that depending on economical aspect. They cant really just that able to control everything because we do really know that global market prices isnt something that could be controlled.
They cant really just lower it down just because they dont want for its citizens to suffer. It isnt something possible because we know that everything that we do have do comes a price neither a good or services
on which it would really be just that depending with those factors.

If you do find yourself on having that lacking of wage or pay then it would be wise that you should really be getting another one and wont really be that relying your ass off with the government.
It would really be just that depending on how you would really be handling yourself.

Looking out for methods or strategies to control our finances is the right way to survive in this current world harsh condition. The labor increases for the worker, and he'll stress himself to meet up with the prices. Working late hours and learning new skills, is the fastest way of building our income in the future. However, some companies don't allow the workers enough time to rest, they are dismissed so late and aren't able to go to classes; online or offline to learn new skills. Such people will need to depend on the government for a decrease in the price of commodities. Boycotting their place of work to learn those skills could affect them if they get laid off. In most situations, it's good to look out for everyone. Though seems impossible, when making a suggestion, a good number of people should be on our minds. And people have already made life difficult for one another, the rich won't help the less privileged. The price of learning a skill skyrockets and difficult books are hard to find. Slimming the chances for most people with less time and money to fit into this category of survival methods.

While I agree with this survival ethic, I'd also love to encourage people who learning a new skill seems impossible, endeavor to do the right thing in their prospective companies to get promoted. Thereby, increasing their wages. Because it's easier and helps to stay focused. Then, the larger community of unemployed people, should get their hands on new skills in the tech and agricultural niche. Or better start up with reselling of products online, it serves the risks of being a middleman, but in the long run, they'll be able to generate wealth. That way a high number of citizens in a country will be able to survive the hike in prices of food. They now need to work closely with the producers in changing those prices. Buyers are also not told that they can manipulate the market. The power has already been removed from the citizens. Market prices are determined by the producers and the masses. If they refuse to buy at a high amount, the producer will reduce the price, when no sales are available.
hero member
Activity: 1358
Merit: 538
paper money is going away
Government doesn't determine prices, the free market does  [they are neither supplier or buyer in the balance].  Even if one country tries to do this most prices are set globally so the attempts would be quite futile.   You arent alone in wanting these things, but its not easily done.   Best thing a government can do is provide stability, unfortunately large amounts of debt and new currency issuance leads to the opposite with giant price instability and unknown prices in the marketplace especially externally.
The market does naturally shape prices, but the presence of the government can indeed influence market prices through implemented policies. We can find staple food prices lower than those offered by the market if the government ensures the availability of imported food ingredients at a cheaper cost. Consequently, market prices will also decrease. There might be other methods I'm not aware of, but the government can still control market prices, especially for basic necessities.

All of this is an effort by the government to manage the country's economy to prevent social unrest due to the prices of basic goods. This is particularly done to avoid chaos among citizens, possibly caused by the monopoly of essential goods prices by a large non-governmental entity.
sr. member
Activity: 812
Merit: 252
yeah life nowaday is all about competition and winning at money making, just waiting for the government to stabilize the price of goods might prove to be ineffective because along the way we might've better off spending our time to learn some new skill increase that earning, but i know full well that such thing is also difficult and requires a lot of dedication.
but also can't deny the fact that government have vital role in stabilizing the market in the whole world because they are the central that regulate and rule over certain territory so that if they decided to keep the price of commodities and foods stabilized then it will.
at least nowaday economy started to stabilize and we've seen many decrease in commodity price but still, there are inflation to beat and the amount of inflation isn't measly either.
if we can just improve our earning maybe to become twice if not thrice of current minimum wage that already sufficient enough but we should strive to earn for financial independent.
I really agree with what you say, it's better for us to have skills that can generate income for ourselves rather than waiting for the government to be able to stabilize the prices of goods because I think this might happen if the government does it really well, but if we don't have a It would be better if we can learn skills to be able to have skills that can earn income for ourselves.
Indeed, it would be better if we could have an income according to what we need and we would be financially free and able to meet the needs we need and not expect it from the government.
legendary
Activity: 3094
Merit: 1127
Authorities need these capitalists to keep the economy going so they can't just impose price caps. You'll probably do better in increasing your income instead of relying on the Government to regulate prices of goods and services that are controlled by private individuals. Upskill or learn new skills and maybe spend more hours working per day to earn more. Having a full-time and part-time job at the same time helps a lot.
yeah life nowaday is all about competition and winning at money making, just waiting for the government to stabilize the price of goods might prove to be ineffective because along the way we might've better off spending our time to learn some new skill increase that earning, but i know full well that such thing is also difficult and requires a lot of dedication.
but also can't deny the fact that government have vital role in stabilizing the market in the whole world because they are the central that regulate and rule over certain territory so that if they decided to keep the price of commodities and foods stabilized then it will.
at least nowaday economy started to stabilize and we've seen many decrease in commodity price but still, there are inflation to beat and the amount of inflation isn't measly either.
if we can just improve our earning maybe to become twice if not thrice of current minimum wage that already sufficient enough but we should strive to earn for financial independent.
Government would really be the ones who would really organize and trying out to control on everything on which it would really be that basically that citizens would really be following on what are the things
that they've been able to govern. Just like been said by others that not everything should really be taking the blame if ever there would really be those sudden price increase or having no increase in wage
because everything would really be just that depending on economical aspect. They cant really just that able to control everything because we do really know that global market prices isnt something that could be controlled.
They cant really just lower it down just because they dont want for its citizens to suffer. It isnt something possible because we know that everything that we do have do comes a price neither a good or services
on which it would really be just that depending with those factors.

If you do find yourself on having that lacking of wage or pay then it would be wise that you should really be getting another one and wont really be that relying your ass off with the government.
It would really be just that depending on how you would really be handling yourself.
legendary
Activity: 2576
Merit: 1860
Governments should stay away from the prices of good and services. It would only create a fake price and impression. It would only result to either a shortage or surplus that's based on nothing or irrelevant factors. In a free market, the price should be determined by the market itself. The price represents the real situation.

On the other hand, higher wages are useless in the face of high inflation. To regulate the prices, however, isn't a solution. It's only adding insult to injury. That's another problem created to attempt to address an existing one. What the government should do is to stop abusing its money-making powers, to stop devaluing its money.
hero member
Activity: 2660
Merit: 509
Leading Crypto Sports Betting & Casino Platform
Authorities need these capitalists to keep the economy going so they can't just impose price caps. You'll probably do better in increasing your income instead of relying on the Government to regulate prices of goods and services that are controlled by private individuals. Upskill or learn new skills and maybe spend more hours working per day to earn more. Having a full-time and part-time job at the same time helps a lot.
yeah life nowaday is all about competition and winning at money making, just waiting for the government to stabilize the price of goods might prove to be ineffective because along the way we might've better off spending our time to learn some new skill increase that earning, but i know full well that such thing is also difficult and requires a lot of dedication.
but also can't deny the fact that government have vital role in stabilizing the market in the whole world because they are the central that regulate and rule over certain territory so that if they decided to keep the price of commodities and foods stabilized then it will.
at least nowaday economy started to stabilize and we've seen many decrease in commodity price but still, there are inflation to beat and the amount of inflation isn't measly either.
if we can just improve our earning maybe to become twice if not thrice of current minimum wage that already sufficient enough but we should strive to earn for financial independent.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
US/UK are not net producers/exporters so capitalism doesnt work.. US/UK rely on other countries support..
Capitalism goes beyond exportations and production in industrial scale. It's about you being free to negotiate your labor force price with your neighboor, or selling your stuff on the local market. It's about you having the possibility of purchasing your private property and thriving financially without fear of retaliations or seizure from the government. I imagine you have all these possibilities in your island nation through capitalism, don't you?

capitalism only works for the few at the top not the majority at the bottom..
Capitalism works more or less for everyone. It works better for the ones at the top positions for two reasons: because they are smarter when dealing with money or because they belong to corrupt schemes of power which benefit those people. In first world countries capitalism works more efficiently, because corruption rates are lower. In third world countries capitalism isn't that efficient, because these countries are heavily affected by corruption.

Anyway, we have just two alternatives: to live in a country with socialist or capitalist tendencies. As far as I know there aren't other regimes available. Between living in a corrupt socialist and corrupt capitalist country, the second alternative is still the preferable one...

there is reason why america has slogans like: 'the land of dreams' and 'the pursuit of happiness'..
instead of 'happy reality achieved'
It's a land of opportunities and challenges, but it isn't a sure thing. It will depend on different factors, and the actions of the individual during his life are the main determinant ones in order to achieve that happiness. The slogan is right, because it can't assert something that didn't happen yet.

Dreams can come true, as they have already became for many american citizens and foreigner people who migrated to that country seeking for opportunities, but they had to do their part to achieve their goals. By there, those dreams were just possibilities to be chased, like the slogans tell us.

On the other hand, I don't know any similar stories of people achieving such goals when migrating or living in tyrant countries, heavily regulated and controlled by governments, which we can translate into the socialist ones.
legendary
Activity: 4214
Merit: 4458
you think capitalist america is efficient and sustainable.. have you not seen the debt ceiling.
I think it's the method which still works. We can't expect a perfectly sustainable system to exist, since its composed by non-perfect human beings. It doesn't even make sense to compare the efficiency of a capitalist system to a socialist one. The later has completely failed, while the first still proportionate us relative welfare and opportunities to thrive if you avoid its traps (flaws of the system itself).

im from capitalist/socialist UK but even i can admit how capitalist british empire eventually failed
Failed? But you are still living under a capitalist regime, and in a first world island nation. Maybe what failed was the empire, not capitalism itself.

US/UK are not net producers/exporters so capitalism doesnt work.. US/UK rely on other countries support..
capitalism only works for the few at the top not the majority at the bottom..

there is reason why america has slogans like: 'the land of dreams' and 'the pursuit of happiness'..
instead of 'happy reality achieved'
hero member
Activity: 2408
Merit: 564
When they dictate the prices, there is no longer democracy on it but that's just like those countries that have dictatorship and are socialists. However, it's true that they can do something with the prices of these goods and even with the salaries but are they going to get that easy? No. It's because that there are factors that they can't stop due to the global arrangement and setting of these things that they can't just change easily. Oil, transportation and etc. these are the examples of it. Also the wages hike depends on inflation rates and actual revenue of the government which fluctuates still.
legendary
Activity: 2534
Merit: 1337
In USA 3000$ minimum Europe 300€-3500€ minimum wage i think UK there 4000$ minimum. Wage
But goverment need to regulate just
Rent prices , energy prices ,food prices.
So If you want to put food price up then you need to be approved by goverment only then you can go over price limit.
We need wages up but same time our regular costs need to be not go over limits.

So things we need goverment must keep prices check becouse the economy is playground and goverment duty is to be judge that everybody play fair game.

Price controls do not work, this is not a theory or a speculation on my part, this is a fact that has been corroborated countless of times through history, and this is because if a government were to set the prices of everything instead of the free markets, the production costs of a product will become higher than its selling price, and no company can operate for a loss perpetually, which leads us to the disappearance of the company and for those products to become scarce and only being sold in the black markets for a much higher price.
sr. member
Activity: 1313
Merit: 302
That's capitalism mate. All the government has to do is make the economy good, make sure the currency doesn't depreciate, and so on, but they don't determine the price of goods and services. The market forces determine that.
The government can't just decide that everybody plays fair. Everybody wants to make a profit so they'll do their business in a way that they'll make a profit. All the government has to do is make sure people do their business legally and ethically.

The cost of producing a good can't be $100 and you expect the producer to sell that product for less than $100.
The producers will add their profit after all things have been considered, and then the retailer would include all their expenses too, meaning you can buy that product for about $200.
So yeah, the government has a role to play, but that role is not determining the price of goods and services.

The government of many countries will control their currency price by the control of money flow to the market.The demand of the goods and services will determine the demand of that country currency in the market.If the other countries hold the currency of certain country currency in huge reserve,the price of that particular currency will be higher to the previous month.This was the base concept of the USD demand in most of the countries and they hold the USD reserve to control the U.S. trade in the future.

The government will monitor the big business man transaction,but they will not have sufficient data for the small business people money flow to the economy.If the demand for the USD was their the value of USD against any of the country will be high.The government can easy control economy using the money flow to the economy.
hero member
Activity: 1652
Merit: 690
Leading Crypto Sports Betting & Casino Platform
Food and energy prices continue to skyrocket, while wages remain the same. This is the current problem. And I really hope that the government can increase workers' wages, or reduce food and energy prices. So we don't have too much difficulty just meeting our daily needs.
 
But this is something that is difficult for us to achieve and difficult for the government to do. The government in my country always assumes why they can't raise workers' wages, or lower food and energy prices to the lowest prices. The reason the government cannot increase workers' wages is because currently most companies, both state and private companies, are still in the recovery stage, so increasing workers' wages is impossible at this time, because with As workers' wages increase, the company's burden will increase. While talking about food and energy prices, they (the government) assume that currently it is very difficult for them to reduce food and energy prices to their lowest point, considering that the global economy and trade are currently experiencing quite difficult problems and obstacles. Meanwhile, most of the food and energy needs still rely on imports from other countries. And besides that, the state cannot afford to subsidize large amounts.
Pages:
Jump to: