Bennett Hypothesis: Financial Aid Increases Tuition

[dfrecore]

I get it. It’s all about discrimination.

Illegal immigration creates a large pool of unskilled labor suppressing job entry for youths and those with limited work experience.  It's a large supply of people chasing a limited quantity of jobs.  

Yes, I'm totally against minimum wage increases and I am for organic wage increases from free markets.  High minimum wage increases make it harder for entry-level workers to market themselves.  Like in Europe where young people often work unpaid internships to gain experience.  

The babysitting example was to explain how people can get priced out of the market when the government determines wages instead of two people agreeing on a fee, it has nothing to do if someone has a Ph.D. in Awesome.

I feel like I've given you plenty to work with here about free markets.  If it still doesn't make any sense then I can't help you.

Hiring illegal immigrants is actually the free market system at work. Making it illegal to hire people who don't have a work visa, permanent residence, or citizenship is a regulation. Americans don't want to pick fruits and vegetables in the hot sun. That's truth. The state of Texas can't even fill its correctional officer positions. At one point, they were hiring immigrants to fill those positions. Corrections officers were getting paid about $32k at that time, and they still pay no premiums for their health insurance. People simply just don't want to work in corrections. 

If you drop the minimum wage to employ more people, then that does not do anything for increasing wages. Anyway, any smart company will do whatever possible to have as few employees as possible. Automation and AI are going to take more jobs than anything else.

Do you know how terribly workers did before minimum wage laws and extensive labor regulations? Have you ever read The Jungle by Upton Sinclair?

We're too good to pick fruit, but a Mexican immigrant isn't?  That sounds a bit racist to me.  I know you aren't, but if you listen to your words, it could certainly be consrtued that way.

As for saying people don't want to work in corrections, that's because the market isn't being allowed to work.  You pay what you need to in order to hire people.  So if you can't get mechanical engineers to work for $10/hr, you're going to have to pay them more.  If you look at what mechanical engineers make in the open market, it's that high because that's what mechanical engineers are willing to work for, and not less.  So according to the market, Texas correctional workers need to get paid more than $32k, and want health insurance, or they won't work there.  Great, so then you raise the pay to $35k with benefits, and see what happens.  Still can't get good applicants?  Then raise it some more.  At some point, it will be worth the pay to enough people that you won't have trouble filling positions.  It works the same way in Texas as it does in the Silicon Valley for programmers, and it's the same in the oil fields, and the same at McDonalds.

And yes, the government is allowed to make SOME labor regulations.  But they go overboard, and make so many that it's just stupid.  Do you know that in many states, you have to get a beautician's license to braid hair?  There is NOTHING in the classes you learn about braiding hair, and nothing in the classes that you actually need to braid hair, but it's a $10k-$15k requirement.  Why do taxi's need medallions?  It's a money grab by cities.  In many states, the law is you can't start a moving company without the OTHER MOVING COMPANIES there giving the ok.  Who in the world thought that one up?  Oh yeah, the current moving companies that don't want competition.  There is common sense regulation, and then there is over regulation that hurts more than it helps.