On Wed, 28 Jul 2004 07:35:00 -0400, Harry Krause
wrote:

Dave Hall wrote:

On 27 Jul 2004 23:41:48 GMT, (Gould 0738) wrote:

SIGN SEEN ON A TIP JAR TODAY:

Hey, Republicans! Afraid of change? Leave it here! :-)

The jar was owned by a Democrat of course.

Yup. Just another hard working American trying to scratch a living together.
Just a single mom too proud to take welfare, and working for the subsistence
mini-wages paid by a billionaire "compassionate conservative". \


She was paid the wages dictated by the free market, which have nothing
to do with the government.

With a statement like this, Dave, you have demonstrated how naive and
simple-minded you are. There is no free market in the absence of
government.

Horsecrap.

Government is the ultimate impeder of the free market. A free market
needs no government to operate. The role of government in the free
market is to provide some protection, fairness, and oversight.
Excessive governmental intervention in the free market results in a
stifling or unnatural progression of the free market. Our present
healthcare situation is a prime example of the free market gone
horribly wrong. If the free market had been allowed to set the costs
for healthcare, rather than having insurance subsidies artificially
inflate the demand, the costs would not be nearly as high.

Free Market 101: A good or service is worth what the market is willing
to pay for it

A Corollary: A person's salary is directly proportional to their
relative value, which is dependant on the importance (demand) of the
job, divided by the amount of people (supply) qualified to do the
work.

In other words, if I offer a job sweeping streets for $1.00 an hour
and 10 people show up willing to work for that wage, then there is no
incentive for me to raise it.

On the other hand, if I advertise for an IT network professional, and
offer to pay them $5 an hour and no on shows up, then I have to raise
my salary offer until someone bites. If that figure turns out to be
$45,000 a year, then that is what that position is worth.

THAT is the free market.

I wouldn't expect a socialist to understand these concepts.

Dave