Individual perceptions

HEARTLESS wrote: So you don't believe in better wages for menial jobs?

Pretty twisted logic.

Here's another link supporting a raise in minimum wage: www.cepr.net/index.php/blogs/cepr-blog/2...sed-the-minimum-wage

Clearly you don't understand the free market then. No twisted logic involved.

HEARTLESS wrote: Clearly you don't understand the free market then. No twisted logic involved.

How so - to both your posits?

One aspect (higher minimum wage) doesn't explain much. Now look at debt of each of the states near the top of the list, they fall in the middle towards most debt ridden.

The free market determines the value of products, jobs, etc. A dishwasher can be trained in a very short time frame, neurosurgeon many years of education and many more of practical training. The worlds best dishwasher isn't worth a fraction of a competent neurosurgeon.

HEARTLESS wrote: One aspect (higher minimum wage) doesn't explain much. Now look at debt of each of the states near the top of the list, they fall in the middle towards most debt ridden.

Data source?

HEARTLESS wrote: The free market determines the value of products, jobs, etc. A dishwasher can be trained in a very short time frame, neurosurgeon many years of education and many more of practical training. The worlds best dishwasher isn't worth a fraction of a competent neurosurgeon.

Could say something really snarky, but won't.

Your statement is a given. And, for the record, I'm not arguing an employee's relative "worth" based on what they do for a living.

Free market in actual use today. I have an item that has a value of $100 per Blue Book. This is a starting point, nothing more. I list this item on ebay for buy it now price of $85 and open bidding to see if I can get more or less. At the end of the bidding period I take whatever the free market has determined the value to be.

Data sources for states approaching bankruptcy, debt, spending more than revenues are very plentiful.

HEARTLESS wrote: Free market in actual use today. I have an item that has a value of $100 per Blue Book. This is a starting point, nothing more. I list this item on ebay for buy it now price of $85 and open bidding to see if I can get more or less. At the end of the bidding period I take whatever the free market has determined the value to be.

Moot point. Common sense - nothing more.

So, define "capitalism".