I'll give you a clue, the people who would be employed for these so called "3rd world wages" aren't employed at all with a minimum wage.

As for poverty, there's plenty of that.

You do realise that the conclusions most Austrian School Economists support are essentially the same things you fought a revolution for.

Ignorance is strength? Right?

I'd like to see how you can support that whopper, and the monarchism behind it.

__________________
"Happiness lies not in the mere possession of money; it lies in the joy of achievement, in the thrill of creative effort. The joy and moral stimulation of work no longer must be forgotten in the mad chase of evanescent profits." FDR-First Inaugural Address

Well the Austrian school adherents are supporters of private property rights. You know who the founding fathers were influenced by? John Locke, who supported? Private property rights.

Most Austrian School economists are minarchists/ anarchists (well, I'd say all, but it needn't be so), funnily enough so were most of the revolutionaries.

Now tell me what you know, or think you know about the Austrian School.

You are wrong. John Locke penned the constitution of South Carolina, which was the first state to secede from the Union. No surprise. Where his constituition read "Life, Liberty, and Property," the Unted States Constitution read "Life, Liberty, and the Pursuit of Happiness." This demonstrates to anyone who has a degree of literacy with respect to the philosophical debate that lead to the formation of the United States, that the founders rejected Locke at an axiomatic level.

__________________
"Happiness lies not in the mere possession of money; it lies in the joy of achievement, in the thrill of creative effort. The joy and moral stimulation of work no longer must be forgotten in the mad chase of evanescent profits." FDR-First Inaugural Address

John Locke died 75 years before the American Revolution. I think you're confused.

Lol. The Austrian school is so so concerned with the element of time, and yet you can say that. I'm confused?

__________________
"Happiness lies not in the mere possession of money; it lies in the joy of achievement, in the thrill of creative effort. The joy and moral stimulation of work no longer must be forgotten in the mad chase of evanescent profits." FDR-First Inaugural Address

Nationalize the Federal Reserve, and recreate it as the Third National Bank of the United States of America. Use this bank to issue new credit per article 1, section 8 of the United States Constitution. Start with a trillion dollars of brand new currency to be spent on large-scale federal, state, county, and municipal infrastructure projects including the construction of nuclear power plants to power the repair and construction of bridges, highways, railroads, dams, reservoirs, schools, and hospitals.

Make similar, low interest-rate credit available to private enterprises for the production and technological development of machine tools and equipment to get the job done. Allow no new credit to be made available for unproductive and wasteful spending by speculators, gamblers, magicians, and thieves. For example, no credit will be made available for paper traders on Wall Street, or any other street. No credit will be made available for gambling casinos, whorehouses, crackhouses, or idiots who oppose the development of the economy due to existential, nihilistic, or environmental reasons.

As a vital, extra boost to the economy, double the minimum wage to increase the ability of American workers to buy more of what they produce, and to provide excellent health care and higher education to their families, thus guaranteeing the continued renewal of a healthy, educated, and skilled workforce.

Finally, slowly extinguish the wasteful activities of speculators, magicians, and thieves by imposing a minimum 1% tax on all securities transactions. This tax will be paid by the seller of all varieties of financial derivatives, futures contracts, and all other financial toilet paper that diverts capital from real production, and rewards parasites. This 1% tax will provide a massive initial boost to the capital reserves of the newly created Third National Bank of the United States, and shut the mouths of the idiots who will inevitably say one, or both of two things: "How will you pay for it all?" "It will cause inflation."

__________________
"Happiness lies not in the mere possession of money; it lies in the joy of achievement, in the thrill of creative effort. The joy and moral stimulation of work no longer must be forgotten in the mad chase of evanescent profits." FDR-First Inaugural Address

A Conservative Two Stage Solution:

1. Collect $100.00 per adult per month from all ILLEGAL's and $50.00 for each of their kid's (no matter if they were born here or not) to be ALLOWED to stay in the USA (and remain a Mexican or whatever they are) with a Monthly renewable ID card for each of them - NO CARD - Deport on the spot!
   

   that will reduce the increased illegal birth rate in the USA, too!

2. give employer's a $500.00 refund for every FULL TIME (40 hour) wage increased by $1.00 per hour. Make employee wage rebates available every quarter the business increases that employee's wage by a dollar ($1. per hour x $500. per quarter x 4 quarters = $4.00 an hour wage increase which is over $8,000.00 a year possible or at least $2,000 if only one wage increase) to improve the national taxes and business growth AND to make it possible for more competition between businesses to reward good workers.

... just a couple ideas that makes sense to me

__________________
Some

Words From History:

“We have known for many years that Saddam Hussein is seeking and developing weapons of mass destruction...” — Ted Kennedy (September 27, 2002)


"The nine most terrifying words in the English language are: "I'm from the government and I'm here to help." - Ronald Reagan.

[quote]Yes I am saying that...for some people...while others can handle higher education. Education cannot be one thing which is the problem we have today! We have one generic education system for millions of kids who have critical differences in their goals, capabilities, support group, interest, energy, health, etc.

But here is another part of your education issue; suppose we took 20 million unskilled workers and gave all of them a 2-year college education in something. How does this create more jobs??

Well...articles I've read approximate the annual health care spending at about $2 trillion. If you wish to convert this to Universal Health Care, then UHC will cost $2 trillion as well. And this $2 trillion is quickly climbing to $3-$4 trillion. So if you do the math; $3 trillion/300 million citizens (=) $10,000 per person cost to our government.

Yes there is waste in there and probably lots of unnecessary charges and costs, etc. and I say good luck in my lifetime reducing this cost.

Right now about 1% are on some form of assistance. If half of these have disabilities and cannot work, then we're talking about 1/2% of the US population are on 'questionable' welfare. 1/2% is probably considered 'efficient'.

It makes no difference the reasons...reality suggests that most people do not shop for quality...price is the driving factor.

You are dead wrong if you believe only poor people shop at Wal-Mart and Costco, etc.

Better jobs do not mean people can afford more quality. If people with better jobs manage their finances well and have discretionary funds available, then 'sometimes' they can shop quality. The same scenario applies to lower wage earners.

Don't congratulate me...I don't set the wages. They are set by supply and demand and in my area they are $12/hour and up.

There are very few companies who are openly hiring undocumented workers to replace US citizens and I'm guessing you don't know this data?? Sure there will always be unscrupulous employers, and they will still be here even if we didn't have undocumented workers.

No one is being exploited!! We have far too many unskilled workers compared to the demand for jobs. High supply and low demand equals lower pay!!

A rare example of hiring undocumented workers. And stop and think that if we didn't have all these unskilled workers willing to work for less than union wages, the prices of that meat you mention would be much higher!

Because this is simply supply and demand...

__________________
Did you know both our problems and the solutions can be found simply by looking in our mirrors...and...Never confuse the extraordinary stuff I think and write with that of a well-balanced person...