Comments on: Will a minimum wage destroy German jobs? http://blogs.reuters.com/great-debate/2013/11/07/will-a-minimum-wage-destroy-german-jobs/ Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: satori23 http://blogs.reuters.com/great-debate/2013/11/07/will-a-minimum-wage-destroy-german-jobs/#comment-78061 Tue, 12 Nov 2013 00:29:52 +0000 http://blogs.reuters.com/great-debate/?p=25703#comment-78061 no it won’t.

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By: Capataz http://blogs.reuters.com/great-debate/2013/11/07/will-a-minimum-wage-destroy-german-jobs/#comment-78059 Tue, 12 Nov 2013 00:03:17 +0000 http://blogs.reuters.com/great-debate/?p=25703#comment-78059 Then let these jobs get lost. You have to remember these jobs are done by uneducated people or in the German case they only have a highschool degree which is worthless. With a highschool degree you will never realy make more there. And even if these jobs get lost everyone is free to sponsort reschooling to apply for jobs that are then open. You have to remember they use dual education system. Once out of highschool you apply for company jobs which then educate you in said job for the next 3 years in mix of 3 days in the company 2 days at school. You receve in that moment a low pay as compensation from said company and if you have own place other part will get brought up by taxes so you can life. Once you done and passed the final test (govenment country wide same standards you finaly officially a “Facharbeiter”) and you get always decend pay. If not scandivia to all neighbouring countrys down parts of afrika you can expect double the pay what a local citizen would recieve since these people know what they do. Or in american terms compare just the value of highschool degree’s. The german highschool degree is rated in the usa as low technical college degree and you can already in the states do decend jobs because there is no standard. Once you “Facharbeiter” you can hop from company to company and there is no training time since they know what you capable of and the routines of everything is same. But yeah back to the point you just reschool and do something else its free and even offered by the jobcenter since the jobs that pay so low are not worth doing in first place. And the once willing to work for these are amounts are often foreigers or east europeans since for them its a lot of money, but overall you need your 12-18$ hour to make it worse lifing otherwise these people work for lets say 8euro or what is it 10$ and you get still another 400-500$ monthly from govenment with other benefits (higher of course the more people life in household that would be for single household, each child you can add quick 600-700$ on top every month and if you have spouse then another 500$)by far more and extensive then a standard us citizens enjoys with middle class standard. So in the end these poeple recieve that money anyway why make let companys profit from it to offer so low pay…

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By: PaterTenebrarum http://blogs.reuters.com/great-debate/2013/11/07/will-a-minimum-wage-destroy-german-jobs/#comment-78052 Mon, 11 Nov 2013 11:31:33 +0000 http://blogs.reuters.com/great-debate/?p=25703#comment-78052 This is sheer madness. There is no question that a minimum wage makes all those whose labor productivity is insufficient to justify paying that wage unemployable. It creates an army of people who will forever become dependents of the State. There can be no question about it, economic theory is clear on this. It cannot be ‘disproved’ with statistics (the attempt to do so is akin to trying to disprove the existence of gravity with statistics). It is in fact a cynical move that significantly undermines individual freedom. People who want to work for less than the minimum wage won’t be able to sell their labor on the market anymore.

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