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Author Topic: We need higher wages off course but goverment need to do one thing  (Read 840 times)
poodle63
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December 13, 2023, 01:14:54 AM
 #41

Authorities need these capitalists to keep the economy going so they can't just impose price caps. You'll probably do better in increasing your income instead of relying on the Government to regulate prices of goods and services that are controlled by private individuals. Upskill or learn new skills and maybe spend more hours working per day to earn more. Having a full-time and part-time job at the same time helps a lot.
yeah life nowaday is all about competition and winning at money making, just waiting for the government to stabilize the price of goods might prove to be ineffective because along the way we might've better off spending our time to learn some new skill increase that earning, but i know full well that such thing is also difficult and requires a lot of dedication.
but also can't deny the fact that government have vital role in stabilizing the market in the whole world because they are the central that regulate and rule over certain territory so that if they decided to keep the price of commodities and foods stabilized then it will.
at least nowaday economy started to stabilize and we've seen many decrease in commodity price but still, there are inflation to beat and the amount of inflation isn't measly either.
if we can just improve our earning maybe to become twice if not thrice of current minimum wage that already sufficient enough but we should strive to earn for financial independent.

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December 13, 2023, 03:17:07 AM
 #42

Governments should stay away from the prices of good and services. It would only create a fake price and impression. It would only result to either a shortage or surplus that's based on nothing or irrelevant factors. In a free market, the price should be determined by the market itself. The price represents the real situation.

On the other hand, higher wages are useless in the face of high inflation. To regulate the prices, however, isn't a solution. It's only adding insult to injury. That's another problem created to attempt to address an existing one. What the government should do is to stop abusing its money-making powers, to stop devaluing its money.

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milewilda
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December 13, 2023, 03:18:45 AM
 #43

Authorities need these capitalists to keep the economy going so they can't just impose price caps. You'll probably do better in increasing your income instead of relying on the Government to regulate prices of goods and services that are controlled by private individuals. Upskill or learn new skills and maybe spend more hours working per day to earn more. Having a full-time and part-time job at the same time helps a lot.
yeah life nowaday is all about competition and winning at money making, just waiting for the government to stabilize the price of goods might prove to be ineffective because along the way we might've better off spending our time to learn some new skill increase that earning, but i know full well that such thing is also difficult and requires a lot of dedication.
but also can't deny the fact that government have vital role in stabilizing the market in the whole world because they are the central that regulate and rule over certain territory so that if they decided to keep the price of commodities and foods stabilized then it will.
at least nowaday economy started to stabilize and we've seen many decrease in commodity price but still, there are inflation to beat and the amount of inflation isn't measly either.
if we can just improve our earning maybe to become twice if not thrice of current minimum wage that already sufficient enough but we should strive to earn for financial independent.
Government would really be the ones who would really organize and trying out to control on everything on which it would really be that basically that citizens would really be following on what are the things
that they've been able to govern. Just like been said by others that not everything should really be taking the blame if ever there would really be those sudden price increase or having no increase in wage
because everything would really be just that depending on economical aspect. They cant really just that able to control everything because we do really know that global market prices isnt something that could be controlled.
They cant really just lower it down just because they dont want for its citizens to suffer. It isnt something possible because we know that everything that we do have do comes a price neither a good or services
on which it would really be just that depending with those factors.

If you do find yourself on having that lacking of wage or pay then it would be wise that you should really be getting another one and wont really be that relying your ass off with the government.
It would really be just that depending on how you would really be handling yourself.

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December 13, 2023, 03:29:01 AM
 #44

yeah life nowaday is all about competition and winning at money making, just waiting for the government to stabilize the price of goods might prove to be ineffective because along the way we might've better off spending our time to learn some new skill increase that earning, but i know full well that such thing is also difficult and requires a lot of dedication.
but also can't deny the fact that government have vital role in stabilizing the market in the whole world because they are the central that regulate and rule over certain territory so that if they decided to keep the price of commodities and foods stabilized then it will.
at least nowaday economy started to stabilize and we've seen many decrease in commodity price but still, there are inflation to beat and the amount of inflation isn't measly either.
if we can just improve our earning maybe to become twice if not thrice of current minimum wage that already sufficient enough but we should strive to earn for financial independent.
I really agree with what you say, it's better for us to have skills that can generate income for ourselves rather than waiting for the government to be able to stabilize the prices of goods because I think this might happen if the government does it really well, but if we don't have a It would be better if we can learn skills to be able to have skills that can earn income for ourselves.
Indeed, it would be better if we could have an income according to what we need and we would be financially free and able to meet the needs we need and not expect it from the government.

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bayu7adi
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December 13, 2023, 03:48:14 AM
 #45

Government doesn't determine prices, the free market does  [they are neither supplier or buyer in the balance].  Even if one country tries to do this most prices are set globally so the attempts would be quite futile.   You arent alone in wanting these things, but its not easily done.   Best thing a government can do is provide stability, unfortunately large amounts of debt and new currency issuance leads to the opposite with giant price instability and unknown prices in the marketplace especially externally.
The market does naturally shape prices, but the presence of the government can indeed influence market prices through implemented policies. We can find staple food prices lower than those offered by the market if the government ensures the availability of imported food ingredients at a cheaper cost. Consequently, market prices will also decrease. There might be other methods I'm not aware of, but the government can still control market prices, especially for basic necessities.

All of this is an effort by the government to manage the country's economy to prevent social unrest due to the prices of basic goods. This is particularly done to avoid chaos among citizens, possibly caused by the monopoly of essential goods prices by a large non-governmental entity.
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December 13, 2023, 04:53:32 AM
 #46

Authorities need these capitalists to keep the economy going so they can't just impose price caps. You'll probably do better in increasing your income instead of relying on the Government to regulate prices of goods and services that are controlled by private individuals. Upskill or learn new skills and maybe spend more hours working per day to earn more. Having a full-time and part-time job at the same time helps a lot.
yeah life nowaday is all about competition and winning at money making, just waiting for the government to stabilize the price of goods might prove to be ineffective because along the way we might've better off spending our time to learn some new skill increase that earning, but i know full well that such thing is also difficult and requires a lot of dedication.
but also can't deny the fact that government have vital role in stabilizing the market in the whole world because they are the central that regulate and rule over certain territory so that if they decided to keep the price of commodities and foods stabilized then it will.
at least nowaday economy started to stabilize and we've seen many decrease in commodity price but still, there are inflation to beat and the amount of inflation isn't measly either.
if we can just improve our earning maybe to become twice if not thrice of current minimum wage that already sufficient enough but we should strive to earn for financial independent.
Government would really be the ones who would really organize and trying out to control on everything on which it would really be that basically that citizens would really be following on what are the things
that they've been able to govern. Just like been said by others that not everything should really be taking the blame if ever there would really be those sudden price increase or having no increase in wage
because everything would really be just that depending on economical aspect. They cant really just that able to control everything because we do really know that global market prices isnt something that could be controlled.
They cant really just lower it down just because they dont want for its citizens to suffer. It isnt something possible because we know that everything that we do have do comes a price neither a good or services
on which it would really be just that depending with those factors.

If you do find yourself on having that lacking of wage or pay then it would be wise that you should really be getting another one and wont really be that relying your ass off with the government.
It would really be just that depending on how you would really be handling yourself.

Looking out for methods or strategies to control our finances is the right way to survive in this current world harsh condition. The labor increases for the worker, and he'll stress himself to meet up with the prices. Working late hours and learning new skills, is the fastest way of building our income in the future. However, some companies don't allow the workers enough time to rest, they are dismissed so late and aren't able to go to classes; online or offline to learn new skills. Such people will need to depend on the government for a decrease in the price of commodities. Boycotting their place of work to learn those skills could affect them if they get laid off. In most situations, it's good to look out for everyone. Though seems impossible, when making a suggestion, a good number of people should be on our minds. And people have already made life difficult for one another, the rich won't help the less privileged. The price of learning a skill skyrockets and difficult books are hard to find. Slimming the chances for most people with less time and money to fit into this category of survival methods.

While I agree with this survival ethic, I'd also love to encourage people who learning a new skill seems impossible, endeavor to do the right thing in their prospective companies to get promoted. Thereby, increasing their wages. Because it's easier and helps to stay focused. Then, the larger community of unemployed people, should get their hands on new skills in the tech and agricultural niche. Or better start up with reselling of products online, it serves the risks of being a middleman, but in the long run, they'll be able to generate wealth. That way a high number of citizens in a country will be able to survive the hike in prices of food. They now need to work closely with the producers in changing those prices. Buyers are also not told that they can manipulate the market. The power has already been removed from the citizens. Market prices are determined by the producers and the masses. If they refuse to buy at a high amount, the producer will reduce the price, when no sales are available.

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December 13, 2023, 08:41:28 AM
 #47

Can I ask a question to the public who want the state to solve their issues ?
Tell me - do you really not understand how the financial model and the economy of the country works ? I'm not going to give you a long description now, I'll just give you a hint - don't you want to stop demanding the state to spend money and effort, and make your neighbors around you to create jobs and pay taxes honestly and in full? Yes, yes, that's a strange proposition. One more hint - if you want the treasury to be filled and the state to carry out social programs, it needs money. But there are only two options to fill the budget: taxes or printing money. The second option you will obviously not like very much....

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December 13, 2023, 11:40:49 AM
 #48

Traders cannot increase the price of anything at will even if they want to see that such prices are fixed by the government or wages are fixed. It cannot change the price of anything at will, that is why the economic condition of that country is so advanced. While the minimum wage in all other countries is $80 to $100, in countries like America or UK, the minimum wage is $3,000 to $4,000. The minimum wage in America and England may be three to four thousand dollars, but there is as much money to be made as it is to be spent. The economic condition is quite advanced and the country is one of the most developed countries, so in addition to all other costs, wages are also high in these countries.

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December 13, 2023, 12:33:30 PM
 #49

In USA 3000$ minimum Europe 300€-3500€ minimum wage i think UK there 4000$ minimum. Wage
But goverment need to regulate just
Rent prices , energy prices ,food prices.

Which country are you talking about need to regulate prices of that goods? If you are talking USA and England that that's not applicable on their governmental system, they aren't a socialist country, they adopt free market economy meaning that market decide the price. What the government could do probably subsidize or give incentive to people who want to buy those stuff, but giving 'free money' to just people most of the time leads to bigger problem, than solving all of them.

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December 13, 2023, 02:53:48 PM
 #50


I really agree with what you say, it's better for us to have skills that can generate income for ourselves rather than waiting for the government to be able to stabilize the prices of goods because I think this might happen if the government does it really well, but if we don't have a It would be better if we can learn skills to be able to have skills that can earn income for ourselves.
Indeed, it would be better if we could have an income according to what we need and we would be financially free and able to meet the needs we need and not expect it from the government.

Government cannot understand our situations therefore we should earn according to our needs because now a days fulfilment of one's needs is becoming hard so try to evaluate your skills and find a job that can offer you an experience as well as money. Government cannot minimize prices of goods because materials are available in less quantity but population are larger so its our responsibility to search about ways of earning that higher price does not effects our necessitates.

Government's support is necessary so it can increase job opportunities for individuals but there are some requirements for jobs which every individual cannot provide but they are still blaming government for such happening. I think everyone should find a job according to his education and abilities and if he is uneducated then there are expanded source of business which will help him to earn a well suited amount each month.



 

 

 

 

 

 


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December 13, 2023, 03:04:14 PM
 #51

In a free market where there is competition, producers, marketers, investors, and traders are allowed to freely sell at a price that they desire for their commodity, and it's also up to consumers to decide if they will buy at that price or not.

As we already know, the price of goods is determined by the supply and demand of that goods in the market and also the cost of producing that item. That's to say, you can't expect the government to control prices while they are not in charge of the production of those goods.

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December 15, 2023, 08:41:22 AM
 #52

In USA 3000$ minimum Europe 300€-3500€ minimum wage i think UK there 4000$ minimum. Wage
But goverment need to regulate just
Rent prices , energy prices ,food prices.
So If you want to put food price up then you need to be approved by goverment only then you can go over price limit.
We need wages up but same time our regular costs need to be not go over limits.

So things we need goverment must keep prices check becouse the economy is playground and goverment duty is to be judge that everybody play fair game.
I do agree that a higher minimum wage is required and that means we are talking about a situation that would also put the companies at risk and hire a lot less people. In a world where that's the minimum wage, it would mean that a lot of people would not be able to make a lot of money since unemployment would go up like crazy, and we should be careful about what we are wishing for since it would cause a lot of trouble for everyone. Just realize that it's going to be a tough deal and you are going to end up with an issue that would not be all that smart. Get it going as much as you can, and you should be quite happy with what's going on.

I get that it is going to end up being a little bit difficult, but we are going to have something decent in the end if we just make it a little higher. The difference between making it super high and killing all the companies versus making it a little higher and keep the companies but allowing people to breath a bit easier is important distinction.

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December 15, 2023, 08:56:45 AM
 #53

In USA 3000$ minimum Europe 300€-3500€ minimum wage i think UK there 4000$ minimum. Wage
But goverment need to regulate just
Rent prices , energy prices ,food prices.
So If you want to put food price up then you need to be approved by goverment only then you can go over price limit.
We need wages up but same time our regular costs need to be not go over limits.

So things we need goverment must keep prices check becouse the economy is playground and goverment duty is to be judge that everybody play fair game.
I do agree that a higher minimum wage is required and that means we are talking about a situation that would also put the companies at risk and hire a lot less people. In a world where that's the minimum wage, it would mean that a lot of people would not be able to make a lot of money since unemployment would go up like crazy, and we should be careful about what we are wishing for since it would cause a lot of trouble for everyone. Just realize that it's going to be a tough deal and you are going to end up with an issue that would not be all that smart. Get it going as much as you can, and you should be quite happy with what's going on.

I get that it is going to end up being a little bit difficult, but we are going to have something decent in the end if we just make it a little higher. The difference between making it super high and killing all the companies versus making it a little higher and keep the companies but allowing people to breath a bit easier is important distinction.
If there's one thing about the government, it is that they care less about the warfare of their citizens compared to their wallet.
It is as it is, and the minimum wage is only a fraction of what a normal salaried job would offer.
The control is what the government is after and they would try as much to keep the citizens poor inorder to be able to control them.
The initiative of crypto currency is what makes the citizens seee through the operandi and be able to survive the strict regulatory policies set up by the government to contain its citizens.

Let there be more jobs instead and more campaigns about BTC or cryptocurrency just to make citizens free of wages complaints and government intervention wages to stay alive.

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December 15, 2023, 09:24:22 PM
 #54

Can I ask a question to the public who want the state to solve their issues ?
Tell me - do you really not understand how the financial model and the economy of the country works ? I'm not going to give you a long description now, I'll just give you a hint - don't you want to stop demanding the state to spend money and effort, and make your neighbors around you to create jobs and pay taxes honestly and in full? Yes, yes, that's a strange proposition. One more hint - if you want the treasury to be filled and the state to carry out social programs, it needs money. But there are only two options to fill the budget: taxes or printing money. The second option you will obviously not like very much....
This idea that governments need to do something about every single thing that happens is a big flaw on the mentality of a great deal of the people of this era, governments are only truly needed when it comes to securing the country from internal and external threats and to withhold the contracts between two different parties, everything else is nothing more but the government going beyond its original reasons to be, and setting price controls like the OP proposes is an idea which has been tested on the past with awful results, so I do not see why we need to try again a policy that cannot possibly work.
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December 15, 2023, 09:48:43 PM
 #55

What the government needs to do is to make the prices of things lower so that the citizens can afford them. In this way, the price cost of living won't exceed the minimum wage. Also, OP you should understand one thing. The average minimum wage of a citizen in a country is not enough to carter everything an individual needs in his life. Expenses ranging from health, rent, food, and insurance cannot be done only from a minimum wage salary. And who told you that an individual cant spend more than his minimum wage a moth?

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December 15, 2023, 11:34:04 PM
 #56

The minimum wage of $3000 - $4000 every month is a very large wage if it is in my country indonesia.
The minimum wage in my country ranges from $100-$200 for an ordinary office worker, and that's enough to sustain a month's life.
But yes, there are also those who are not enough with this amount.

Enough or not depends on how to manage finances and expenses.
As well as, food and the cost of living are also cheaper.

If in the US $3000 then the cost of living will also be adjusted, all basic commodities, food prices and other costs match the large minimum wage.

The government has certainly done what they can, lowering all staples to make them more affordable, but back again this depends on how the quality of life in a country and adjust to the minimum wage.

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December 16, 2023, 01:30:56 AM
 #57

What the government needs to do is to make the prices of things lower so that the citizens can afford them. In this way, the price cost of living won't exceed the minimum wage. Also, OP you should understand one thing. The average minimum wage of a citizen in a country is not enough to carter everything an individual needs in his life. Expenses ranging from health, rent, food, and insurance cannot be done only from a minimum wage salary. And who told you that an individual cant spend more than his minimum wage a moth?

I also don't understand why the OP said that, maybe there is another understanding in the OP's mind. Because it can be understood that everyone should be more frugal and should not spend on living expenses that exceed the salary or minimum wage they receive each month. In fact, almost all people in poor and developing countries have difficulty meeting their daily needs if the government does not pay attention to the prices of goods on the market which sometimes rise unreasonably.

I think that the government really has to get involved in this matter if it doesn't want to increase the salaries or minimum wages of workers in government agencies and calls on company owners of any scale to do the same for all their employees so that all people don't feel difficulties with there is an increase in the prices of basic goods on the market. Although each party also needs to see the cause of the increase in prices of basic goods, so that the authorities can find a solution to this and handle it better.

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December 16, 2023, 04:19:41 AM
 #58

What the government needs to do is to make the prices of things lower so that the citizens can afford them. In this way, the price cost of living won't exceed the minimum wage. Also, OP you should understand one thing. The average minimum wage of a citizen in a country is not enough to carter everything an individual needs in his life. Expenses ranging from health, rent, food, and insurance cannot be done only from a minimum wage salary. And who told you that an individual cant spend more than his minimum wage a moth?
Earning a minimum income will not be able to meet all the needs we need. We have to really arrange it for the basic needs we need so that the income we have can meet what we really need. Don't let the minimum wage income mean we don't manage our expenses. Of course, what we need will not be sufficient for what we need with the minimum income we get.

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December 16, 2023, 02:33:18 PM
 #59

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What the government needs to do is to make the prices of things lower so that the citizens can afford them.
even though the price goes down, I don't think it applies if I don't have money, and conversely, if I have a lot of money, whatever the price, I will definitely buy it.

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December 18, 2023, 06:45:34 PM
 #60

Opportunities should also be widened in order to diversify manpower and to be able to release bigger amount of money as their salary.  As others have mentioned, government is not the only factor to consider when choosing the 'right' wage on each profession? It also covers overall health of the economy. Yes they are a facor but things just don't work more than what it was as before. They could only approve proposal of meetings if they would want go explore more of it.

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