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Old 11-15-2009, 08:34 PM
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jasonnoguchi jasonnoguchi is offline
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In economics, labor and wages are a function of supply and demand as well. Factories pay low because there are a greater supply of people who can perform that particular job. Yes, unions can create minimum wages but that will cause stress on small medium enterprises which will lower the supply of jobs due to lesser number of companies and bigger companies turning to technology and ultimately, job seekers suffer joblessness for the sake of those few who are still employed. is that what we want? free market is the way to go. If your factory isn't paying well enough, ask him to go look for one that does. If no factories are paying him what he expects, then it is he who has the problem and must upgrade his skills in order to go to a lesser supply labor class.

All in all, let free markets decide the price and everything will work out fine.
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