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John H[_2_] John H[_2_] is offline
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First recorded activity by BoatBanter: Aug 2008
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Default Obama destroyed the USA with DEBT

On Mon, 11 Jul 2011 12:56:05 -0700, "Califbill" wrote:



Reply:
Moron? We do not have a revenue problem, we have a spending problem! The
government requires excess wages in any government contract. Not what the
market can support, and then taxes the rest of the people to enforce the
excess payments. Living Wage! **** that! Pay what the job is worth.
Minimum wage should be for those starting out with little skills. After 10
years in the workforce, there should be no minimum wage required. If you
can not produce more than the MW you would earn, then you are not worth
hiring. I do not care if it was Right or Left who overspent. And both
parties did the overspending. Both parties have caused inflation over the
last 30 years. When Nixon instituted wage and price controls the inflation
rate was an unacceptable 3.3%. Over the last 30 years we have exceeded 4.8%
a year rate. 1980 a mid level engineer, with a college degree made about
$22k-23k a year. Now that is poverty level. We have inflated wages so much
we have priced ourselves out of most manufacturing jobs. UAW built crap
cars and not caring about the quality, drove buyers to foreign cars. Better
quality for the same price. Was also management, but the workers did not
help. Management should have been fired also. They assemble them here with
lower cost workers. Screwed the UAW workers for being overpaid,
underworked, careless workers. Same in a lot of other industries. All that
deficit spending, is hurting the country in a couple of ways. Serious
hurting! Inflating the US dollar to make us less competitive, and sucking
up most of the capitol available to loan. Where is business who needs
capitol to start of expand, going to get that capitol? Every business in
the country is cutting back on employees and spending. Except for the US
Federal Government. They have added 36,000 more employees and increased
wages for most of the government employees. Raise taxes all you want, but
without meaningful spending cuts, we are doomed. We need at least a $1.5
trillion dollar cut in spending, not a pathetic $36 Billion cut. Less than
a percent. We also need to scrap the requirement to pay prevailing wages as
now defined. The definition seems to be whatever the highest union
negotiated wage is, not what is prevailing as paid in the industry. We need
to allow companies to fire union workers who are incompetent a lot easier.
Sure the union can protect workers from unjust termination, but a person
drunk on the job, should be fired. Not have a court rule you have to keep
them on the payroll. Happened to the SF Muni transit district. Drunk bus
driver. They were required to pay him back wages and reinstate him in the
job. A drunk bus driver!
Sure there should be changes to the tax code, but those are not going to
stop the deficit. May reduce in a minimal amount, but not what spending
cuts would do. Kill the alcohol farm subsidy. Tax hedge fund managers at
wage level not capitol gains level. Kill the cotton subsidy, kill a lot of
the water subsidy. Where a farmer can pay $10 an acre foot and resell it to
towns at $1000. Spending cuts are what are needed. There are not enough
tax revenues available to rescue us.


Well said. But, the one to whom you replied doesn't have enough sense to understand it.