International Minimum Wage

[nini2287]

I heard about this idea at work today as a way to quell labor concerns over free trade.  It sounded like a decent idea to me, but I want to hear some more opnions about it.

[Gabu]

I think if anything, it should be proportional to the minimum cost for living, not that country's GDP.  In a country like China, the GDP is so large purely because of how many people there are, not because they're well off.

That said, I do not favor an international minimum wage.  Countries like China will inevitably just give it the middle finger anyway.

[Bono]

God no.

[KEmperor]

Absolutely not.  Now we want to let international organizations set our domestic wage polices?  I think not.

[ATFFL]

This is a brilliant idea!  here is how it should go:

The treaty is signed with a starting minimum wasge of about $6/hr.  No indexing garbage, just a fixed, USD amount.  We let a panel composed of mostly European leaders adjust it in teh future.

The President signs it, gives it to the Senate telling them in no uncertain terms, to not pass it.  The Senate rejects it.


The US is then out of this incredibly stupid idea while Europe, and Canada and other countries with leadership too stupid to realize how bad an idea this is, are in.

Companies then leave the stupid countries and go to the US, hina and other countries that, for one reason or another, stayed the hell out.

Unemplyment plummets, the economy booms, prices drop and the Republican party gets all the credit. 

Oh yes, we can USE this idea.

[Alcon]

Tredrick, having a little bit of a political wet draem there are we? 

(D) No!

[Richard]

Yes.  Then every country in the world will go down the toilet so much faster, people will suffer, and eventually realize socialism does not work.

PLEASE bring it in.  PLEASE.

[Richard]

This is a brilliant idea!  here is how it should go:

The treaty is signed with a starting minimum wasge of about $6/hr.  No indexing garbage, just a fixed, USD amount.  We let a panel composed of mostly European leaders adjust it in teh future.

The President signs it, gives it to the Senate telling them in no uncertain terms, to not pass it.  The Senate rejects it.


The US is then out of this incredibly stupid idea while Europe, and Canada and other countries with leadership too stupid to realize how bad an idea this is, are in.

Companies then leave the stupid countries and go to the US, hina and other countries that, for one reason or another, stayed the hell out.

Unemplyment plummets, the economy booms, prices drop and the Republican party gets all the credit. 

Oh yes, we can USE this idea.

Oh.  Didn't see your post.  I'm definitely agreeing here buddy.  So I voted Yes.

[Jake]

No, unless the situation Tredrick spelled out happens

[John Dibble]

God no.

[??????????]

Anyone who proposes such an idea should be brought before a court with treason charges attached.

[A18]

Yes. I support an international minimum wage equal to exactly 0% of each nation's GDP.

[DanielX]

You realize that, even if passed, it would be impossible for the bobble-headed UN bureaucrats to enforce (assuming they wanted too - I can imagine some Chinese honcho paying them off...).

[A18]

You realize that, even if passed, it would be impossible for the bobble-headed UN bureaucrats to enforce (assuming they wanted too - I can imagine some Chinese honcho paying them off...).

Well, an international minimum wage would presumably come about by treaty. You don't 'enforce' treaties in the traditional sense, you just set up organizations that rule as to whether or not a country is complying. If it rules a country isn't complying, then it 'authorizes' retaliatory tariffs.

[Dave from Michigan]

hell No the sad part is most likely a majority of people in the U.S. would support this.

[opebo]

This should be as much a part of WTO membership as the protection of intellectual property 'rights'.

[Cubby]

Even I voted No. Although I do like Tredrick's idea except for Republicans getting all the credit. I'm liberal but I'm strongly against World Government.

[Fmr. Gov. NickG]

I support an international minimum wage, though it doesn't really make sense to index it to GDP.  Does the OP mean GDP per capita.  It should be indexed with cost of living, and should probably be around $1 USD/hour right now for the poorest countries.

[Gustaf]

I'm not sure I'm following here...workers in developing countries would still cost a lot less so they would still take tje jobs. In fact, the market should basically create exactly this by itself as it is.

[Platypus]

I just found out the minimum wage (at the time, the 'basic wage' was an Australian invention

[KEmperor]

I just found out the minimum wage (at the time, the 'basic wage' was an Australian invention

That's not something to be proud of.

[Richard]

I just found out the minimum wage (at the time, the 'basic wage' was an Australian invention

What a disaster.

[Jake]

This should be as much a part of WTO membership as the protection of intellectual property 'rights'.

That comment made absolutely no sense.

[Bono]

This should be as much a part of WTO membership as the protection of intellectual property 'rights'.

That comment made absolutely no sense.

Oh thamk God, I thought I was the only one.

[© tweed]

no, this would end up hurting the US economy as chinese kids could no longer make shoes for 15 cents an hour, instead they'd have to makes 3 or 4 dollars an hour.  Due to this, costs of products in the US would skyrocket and the US consumers would suffer.

It'd probably be good for alot of people outside of the US who are being taken advantage of by US corporations, but that's not enough to make me support it.  I care more about my money than the well being of a family in Asia.