Comments by "whyamimrpink78" (@whyamimrpink78) on "'Freebies' Like Healthcare u0026 Education Are A 'Gravy Train'" video.

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  13. +Ryan Brown Since the 70s you have to realize a few things have happened. 1. We stopped using the gold standard. Money is not a finite resource with a set value. Taking it off the gold standard means that the value of money can change drastically. 2. We have seen more pay due to increase productivity. Some workers have seen more benefits. Due to the payroll tax giving out higher wages means higher taxes for employers. To avoid that benefits such as healthcare insurance were given out as payment. 3. Workers who have invested and invented technology for increase production have seen an increase in wages. This is called Skilled Bias Technological Change. 4. Disposable income is up. This is due to greater wealth. Greater wealth comes from greater productivity which means that goods and services are better and cheaper. While the dollar value people are earning is similar, what they can purchase is better. Cars are better and last longer for example. People wanted a "mixed economy" and we have gotten mixed results. In some ways people are better off. In others they are not. What is a common denominator in all of this is that areas where the federal government has had a large hand in it financially have all seem to become more expensive. For example healthcare and college education. While Scandinavian countries are in the top 10 they still fall far behind in the US in universities. The US is unique. We have a lot of smaller schools that push for smaller classrooms. That develops a stronger personal connection between students and students and students and professors. We have athletics which gives jobs and opportunity there. We have diversity in so many ways. Scandinavian countries have great universities ranking wise, but those universities are typically ranked high due to research which only benefit graduate students. Plus, even with that the US is still number one in research and development of technology and healthcare. Few people go $100,000 in debt. The ones that do are either ignorant or became a doctor or pharmacist and pay it off quickly.
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  15. +Ryan Brown Scandinavian countries do a lot of things right, you have to realize they are also smaller than the US and overall are a completely different countries. Most of the countries have populations smaller than a lot of our states. Mix that in with a different history and society it makes for a very weak comparison. Honestly in all I hate comparing the US to other countries, the variables are too great. Even if you do you see that we are just as successful as them. For example life expectancy. The US is at 78 years, the world average is 71 years with a standard deviation of 7 years. All those Scandinavian countries are within one standard deviation of us and we are one standard deviation above the average. Any different in life expectancy is called noise at that point due to whatever variable. So if you really want to compare and look at data we can. When we do you see we are on par with those countries. If you want to know my stance on what should be done I support state rights and a very limited federal government. With state rights you allow for flexibility and cater to diversity. You have the ability to have government and control it. As Liam Scott said are what those countries doing sustainable? If we establish those programs at the federal level they will be hard to change where at the state and local level you can change them easier and adjust. Just look at Social Security and Medicare/Medicaid. People are pushing for reform. Both sides want reform but it isn't happening. Or with the recent healthcare law. We could not get 60 democrat senators to agree to one bill and when it finally passed half of the country hates it.
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  32. +Equals Four 1. Laborers do benefit. Greater wealth creation comes from greater productivity which means better goods and services at a lower price. When an engineer develops a better car and a faster means of producing it then the laborers can buy it. Also with more technology jobs get easier and safer. You also have to consider that even though those who invented and invested in technology have seen a raise, it doesn't mean that those on the bottom are worse off. We have seen more jobs created as well. When those on top earn a lot those on the bottom earn more. A great example is everyone's favorite whipping boy.....Walmart. Walmart has developed a powerhouse in that it employs a lot of people and offers goods and services at a low price at convenient locations. The top 6 CEOs of Walmart earn $77 million a year combined. One may say that is too much. But if you were to take that money and spread it evenly to the 525,000 workers who earn less than $25,000 a year they will earn an extra $148 a year. Not much. The point is that when the top earn more those on the bottom earn more as well in other ways. 2. Wages have gone up due to productivity. One, those who invented and invested in technology to increase productivity have seen a higher wage. It is called skilled biased technological change. You can't just simply look at the min. wage. Min. wage jobs have not increased in productivity at all, or have very little. In fact, if you look at full service restaurants for about the past 20 years you will see that unit labor cost has been increasing. That means the price of labor is outpacing productivity. Plus min. wage workers are not the ones producing or working on the Toyota Corolla. So it is a flawed comparison. You also have to consider, as I mentioned above, that goods and services are better and cheaper. While that Toyota Corolla is more expensive sticker price wise, it comes with more amenities and a longer life time. It has a longer MPG and is safer as well.
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  64. +Kang5030 It is an arbitrary number. Wages are a price, and like any price, such as the price of a TV, food, a computer, milk, etc., it is determined by the market. You can't tie the min. wage to inflation. Saying you can is saying that everything inflates. If that is so then why aren't smart phones over $4000? A brick cell phone in the 80s, when adjusted for inflation according to the CPI cost that much. My smart phone cost less than $100. Why didn't the price of cell phones go up? Same with labor. Why are blockbuster employees now worth $0? You can't tie everything to inflation. Some price inflate, some go down, some stay the same. My payment is on par with other graduate students at other graduate programs across the country. I manage quit well with bills and what not. McDonalds does not have to hire those people. It is not McDonald's fault that their workers refuse to better themselves. And saying wage slavery is being shallow. Slaves were forced to work, they don't have to take the job. "If you work 40 hours a week, you should not be unable to afford basic necessities" Which is what? A room or a 3 bedroom house? A car? What type of car? What type of food? From my $1800/month stipend I am able to build up a savings. It requires work. "We've been through this over and over each time the minimum wage has come up and been expanded. Every single time, the net effect on jobs was negligible but economic activity increased. We wouldn't still have it if it didn't work." When you look at select groups you find that when the min. wage increases so does unemployment. Those groups are teenagers and those with low skills. That is because they have been out priced out of the market. You don't see it on the grand scale because it has been small compared to the overall economy. It gets lost in the statistical noise. But if you were to raise it up to $15/hr then several jobs will be lost, especially in low income areas in the midwest.
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  79. +Beaker Smith We believe in allowing people to live where they want regardless of what job they take. While someone can move from one school to another within the same district, asking them to travel an hour or more to work is not productive. In order to justify that you have to pay them more somehow where at that point it becomes a waste in some cases. How tax dollars are distributed is based on what society wants. It is mostly on needs. How you determine that is by keeping it as local as possible. Why should someone in FL pay for education in CA? Both states are ran differently and deal with different issues. The same with with WY compared to New York. It is very complex and it isn't as simple as taking money from one source and giving it to another. You also have to realize that when you do that you run into the trouble of those in rich areas revolting in different methods. One will be increasing donations to their local schools making them even more superior. This is a problem that has happened into my home state. The richer schools got richer and moved up while the rural schools actually got worse. My high school was in a rural town and programs have gotten worse. For example in sports and band. The state was trying to break up the larger schools to prevent them from getting larger and moving up in classes. The larger schools said they would just simply go independent and the parents said they will all go private if that were to happen. You have to factor that in as well.
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