[Bruce_the_vii]

I advocate legislating a higher minimum wage in the better cities. This would compensate for the supression of minimum wage by the unemployment from immigration. Without this unemployment the de facto minimum wage would rise and the worse businesses would go out of business, leaving behind the higher value added jobs. Bacause higher value jobs are the goal of modern economic development you could be a little aggressive in legislating the minimum wage. If growth continued you could inch it up.

Also I advocate connect immigration to unemployment. This would tighten the labour markets. In the tight labour markets of the West more people have returned to the work force. The numbers are substantial, enough to cover the present deficit with the increase tax revenues.

So there's some ideas, they would help. Minimum wage would still be low but with the nanny state subsidies it becomes more fair.

There's lots of bright students at college and university working to get a training. You don't have to worry about motivating the guys at the bottom to go back to school. They will be working class, always have been. Some of them aren't exactly brilliant. However they tend to take work seriously and can do a blue collar job.

[CommanderSock]

Bruce_the_vii wrote:

I advocate legislating a higher minimum wage in the better cities. This would compensate for the supression of minimum wage by the unemployment from immigration. Without this unemployment the de facto minimum wage would rise and the worse businesses would go out of business, leaving behind the higher value added jobs. Bacause higher value jobs are the goal of modern economic development you could be a little aggressive in legislating the minimum wage. If growth continued you could inch it up.

Also I advocate connect immigration to unemployment. This would tighten the labour markets. In the tight labour markets of the West more people have returned to the work force. The numbers are substantial, enough to cover the present deficit with the increase tax revenues.

So there's some ideas, they would help. Minimum wage would still be low but with the nanny state subsidies it becomes more fair.

There's lots of bright students at college and university working to get a training. You don't have to worry about motivating the guys at the bottom to go back to school. They will be working class, always have been. Some of them aren't exactly brilliant. However they tend to take work seriously and can do a blue collar job.

That would not make any economical sense. Advocating for higher minimum wage is bigger cities where rental is usually higher would destroy many already struggling businesses.

Slashing entry requirements for opening a business, lowering small business taxes, and cutting red tape would go much farther in boosting job growth than jcking up minimum wage and hoping those small business owners won't fire 1 of their 4 or 5 employees to keep the other 3 employed.

[Bruce_the_vii]

CommanderSock wrote:

Bruce_the_vii wrote:

I advocate legislating a higher minimum wage in the better cities. This would compensate for the supression of minimum wage by the unemployment from immigration. Without this unemployment the de facto minimum wage would rise and the worse businesses would go out of business, leaving behind the higher value added jobs. Bacause higher value jobs are the goal of modern economic development you could be a little aggressive in legislating the minimum wage. If growth continued you could inch it up.

Also I advocate connect immigration to unemployment. This would tighten the labour markets. In the tight labour markets of the West more people have returned to the work force. The numbers are substantial, enough to cover the present deficit with the increase tax revenues.

So there's some ideas, they would help. Minimum wage would still be low but with the nanny state subsidies it becomes more fair.

There's lots of bright students at college and university working to get a training. You don't have to worry about motivating the guys at the bottom to go back to school. They will be working class, always have been. Some of them aren't exactly brilliant. However they tend to take work seriously and can do a blue collar job.

That would not make any economical sense. Advocating for higher minimum wage is bigger cities where rental is usually higher would destroy many already struggling businesses.

Slashing entry requirements for opening a business, lowering small business taxes, and cutting red tape would go much farther in boosting job growth than jcking up minimum wage and hoping those small business owners won't fire 1 of their 4 or 5 employees to keep the other 3 employed.

Thanks for responding to my post. In fact what you want to do is bankrupt the bottom of the heap as growth produces replacement jobs. This is actually the Knowledge Economy. The economy grows, people move up the ladder but the bottom is contracted so there is some social benefit. The Knowledge Economy, this exact process of moving society up the ladder of opportunity, is the plan for all the emerging economies. Far from not making sense it's standard economics. You could do it city by city in an advanced economy like Canada, where moving the whole country would be difficult.