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Edwynn -> RE: Minimum Wage: Australia vs USA (2/4/2011 12:41:57 PM)
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Do not confuse correlation with causality.
For various and sundry reasons, the US has a far higher percentage of dimwits than does any other modern day so-called "developed economy." The disparity is not left alone to the highest and lowest income groups, but is being aggressively promoted through the education system also, even accepted among aforementioned higher income groups, so as to force all possible into some "co-operatively inclined" group. Who cares about honest problem solving from that. They are encouraged and accede to the dumbing down of their own kids, aside from the few of whatever demographic that see through it.
The countries that thrive are the ones that assess the needs and desires of their citizens and act accordingly. The others take turns going down the sewer drain in succession.
Guess which ones are presented by academia as models? You guessed it.
The idolatry of Rome and Britain never ceases in academia.
Back to the subject ...
If you were the employer, which would you rather hire, hourly wage aside, considering the crap shoot that would be the case in the US, vs. the half-decent chance of a viable employee as might be obtained elsewhere? just off the top of your head?
PS
Response is intended towards the OP, not the person at the bottom right.
TY
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