tag:blogger.com,1999:blog-2143992902619449825.post1714278429371150788..comments2023-09-26T02:22:38.353-06:00Comments on Sang's blog: Minimum wageSang J. Moonhttp://www.blogger.com/profile/00483858427165257761noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2143992902619449825.post-9600991692477556522007-01-08T09:45:00.000-06:002007-01-08T09:45:00.000-06:00Cyclical shifts are a part of life. They indicate ...Cyclical shifts are a part of life. They indicate that a shift in the workforce must occur. The problem is when the government tries to make things better by prolonging a economic environment that is out of equilibrium. It only makes the adjustment even harder when equilibium occurs. Repeatedly, the government has ended up making things worse in the long run by trying to make things better shortsightedly. Anyway, we are talking about minimum wage. Any job that pays minimum wage in the west is not a job that is going to be shipped overseas. These kind of jobs are affected by the status of the economy, and when the government gets involved, it actually makes things worse for the economy in the long run more often than not.Sang J. Moonhttps://www.blogger.com/profile/00483858427165257761noreply@blogger.comtag:blogger.com,1999:blog-2143992902619449825.post-22725333773711154702007-01-07T13:28:00.000-06:002007-01-07T13:28:00.000-06:00an interesting read, but isn't nowdays that unskil...an interesting read, but isn't nowdays that unskilled workers in the west lose their jobs bcz of the competition of that lower paid zones in places like the philipines, china ect....<br /><br />i think if companies concentrate their accountability for their countries only, things will be much much different. <br /><br />and i think this trend is the one responsible for unskilled labor in the west to lose their jobs more than anything else. <br /><br /><br />also, the cyclical shifts of the economy hurts skilled workers in the same time , not so long ago my mom lost her very skilled job as an enginner as the technology sector in canada went down.Shamshttps://www.blogger.com/profile/01596537702922899654noreply@blogger.com