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Debates Forum

Debates Forum

  1. 12 Jul '10 04:01
    Hourly-paid workers, particularly those in the field of agriculture, are due to see a notable increase in the minimum wage, following a Cabinet decision three weeks ago to accept recommendations made by The Minimum Wage Task Force Report in April to have an across-the-board minimum wage implemented this year of $3.10 an hour.

    A perusal of the International Labor Organization’s minimum wage database by our newspaper reveals a stark contrast between minimum wages here and in some neighboring countries. The figures that appear in the ILO database are equivalent to BZ$4.54 a day in Salvador, BZ$10.89 a day in Guatemala, and BZ$5.65 a day in Honduras.

    Labor Commissioner Ivan Williams explained that the export-oriented businesses had expressed concerns that a further increase in the minimum wage would – on top of high production costs – make it harder for them to compete with other companies from countries in the Central America region.

    http://www.amandala.com.bz/index.php?id=10049
  2. Subscriber AThousandYoung
    Poor Filipov :,(
    12 Jul '10 04:11
    Originally posted by utherpendragon
    Hourly-paid workers, particularly those in the field of agriculture, are due to see a notable increase in the minimum wage, following a Cabinet decision three weeks ago to accept recommendations made by The Minimum Wage Task Force Report in April to have an across-the-board minimum wage implemented this year of $3.10 an hour.

    A perusal of the Inter ...[text shortened]... s from countries in the Central America region.

    http://www.amandala.com.bz/index.php?id=10049
    From your selection it seems like Belize has the lowest minimum wage around. What's this about remaining competitive?
  3. 12 Jul '10 04:32
    Originally posted by AThousandYoung
    From your selection it seems like Belize has the lowest minimum wage around. What's this about remaining competitive?
    Being able to compete w/ neihboring countries.
  4. 12 Jul '10 04:34
    Originally posted by AThousandYoung
    From your selection it seems like Belize has the lowest minimum wage around. What's this about remaining competitive?
    per hour Vs per day?
  5. Subscriber AThousandYoung
    Poor Filipov :,(
    12 Jul '10 04:46
    Originally posted by Hugh Glass
    per hour Vs per day?
    Oh didn't notice that, thanks.
  6. Subscriber FMF
    a.k.a. John W Booth
    12 Jul '10 05:12
    Originally posted by utherpendragon
    Hourly-paid workers, particularly those in the field of agriculture, are due to see a notable increase in the minimum wage, following a Cabinet decision three weeks ago to accept recommendations made by The Minimum Wage Task Force Report in April to have an across-the-board minimum wage implemented this year of $3.10 an hour.

    A perusal of the Inter ...[text shortened]... s from countries in the Central America region.

    http://www.amandala.com.bz/index.php?id=10049
    You are against the 'mimimum wage'?
  7. 12 Jul '10 05:40
    Originally posted by FMF
    You are against the 'mimimum wage'?
    No I am all for it.
    There seems to be some concern if this a good thing (from the article). Personally I think the workers should get the highest wage possible. It is amazing to me how little the workers in the surrounding nations are paid.
  8. 12 Jul '10 06:37 / 1 edit
    A minimum wage is generally bad for employment. I'm not against it, but it should be used only when other equalizing measures - e.g. universal education and universal health care are already available, and then only in moderation. To keep the minimum wage low, the tax-free wedge for income tax should be significant so that the gross and net incomes for low-paid workers are the same.
  9. Subscriber Wajoma
    Die Cheeseburger
    12 Jul '10 07:14
    Originally posted by utherpendragon
    Hourly-paid workers, particularly those in the field of agriculture, are due to see a notable increase in the minimum wage, following a Cabinet decision three weeks ago to accept recommendations made by The Minimum Wage Task Force Report in April to have an across-the-board minimum wage implemented this year of $3.10 an hour.

    A perusal of the Inter ...[text shortened]... s from countries in the Central America region.

    http://www.amandala.com.bz/index.php?id=10049
    Jacking the minimum rate causes unemployment. Seen it first hand, there was once a thriving clothing industry on Saipan, the do-gooder busybody bureaurats wanted to bring the Saipan minimum into line with the US minimum, bye bye to the clothing industry. Many people from China used Saipan as a stepping stone to the states, there were Russians there as well, sometimes this was done illegally but no doubt they're all thanking the do-gooders busybody bureaurats now with a middle finger salute.

    Pluck yew very much.

    The best person to decide what an hour of their time is worth is that person themself.
  10. 12 Jul '10 07:29
    Originally posted by Wajoma
    Jacking the minimum rate causes unemployment. Seen it first hand, there was once a thriving clothing industry on Saipan, the do-gooder busybody bureaurats wanted to bring the Saipan minimum into line with the US minimum, bye bye to the clothing industry. Many people from China used Saipan as a stepping stone to the states, there were Russians there as well ...[text shortened]... much.

    The best person to decide what an hour of their time is worth is that person themself.
    value =/= price
  11. Subscriber AThousandYoung
    Poor Filipov :,(
    12 Jul '10 16:17
    Originally posted by Wajoma
    Jacking the minimum rate causes unemployment. Seen it first hand, there was once a thriving clothing industry on Saipan, the do-gooder busybody bureaurats wanted to bring the Saipan minimum into line with the US minimum, bye bye to the clothing industry. Many people from China used Saipan as a stepping stone to the states, there were Russians there as well ...[text shortened]... much.

    The best person to decide what an hour of their time is worth is that person themself.
    Because resources are denied them, poor people have their right to property violated. In addition their rightful inheritances have often been stolen. Thus the market fails to work properly.
  12. Subscriber Wajoma
    Die Cheeseburger
    12 Jul '10 19:32
    Originally posted by AThousandYoung
    Because resources are denied them, poor people have their right to property violated. In addition their rightful inheritances have often been stolen. Thus the market fails to work properly.
    You have a right to acquire property, not, you have a right to property.

    A subtle but important distinction, you're still struggling with it but keep trying.
  13. Subscriber AThousandYoung
    Poor Filipov :,(
    12 Jul '10 19:33 / 1 edit
    Originally posted by Wajoma
    You have a right to acquire property, not, you have a right to property.

    A subtle but important distinction, you're still struggling with it but keep trying.
    You apparently haven't studied the right to property very much.

    http://athousandyoung.blogspot.com/2010/01/right-to-own-property.html

    EDIT - See my next post.
  14. Subscriber no1marauder
    It's Nice to Be Nice
    12 Jul '10 19:34
    Originally posted by utherpendragon
    Being able to compete w/ neihboring countries.
    What is the point of "competing" with other countries in a race to have the lowest wages and lowest standard of living for your workers?
  15. Subscriber AThousandYoung
    Poor Filipov :,(
    12 Jul '10 19:39
    Originally posted by Wajoma
    You have a right to acquire property, not, you have a right to property.

    A subtle but important distinction, you're still struggling with it but keep trying.
    Misunderstood you. You're right. Part of acquiring property is having access to unworked resources. Unworked resources are not property.