Lately, much has been made of raising the Minimum Wage, which does nothing more than establish a minimum standard.
But who cares about minimums?
We should strive to exceed!
Some well-known, publicly-traded, highly profitable firms, however, revel in greed, and wallow in the slop, when they can do far better for the employees who operate their businesses.
The question is often asked “why pay unskilled workers $10 or even more per hour?”
It’s a valid question, and deserves a genuinely thoughtful response.
So, let’s pose that question to BIG OIL COMPANIES in Williston, North Dakota, where…
“oilfield companies pay unskilled 19 year-olds $80,000 a year.”
http://www.marketplace.org/topics/economy/mall-middle-what-used-be-nowhere
by Dan Weissmann
Monday, June 16, 2014 – 15:21
Williston, North Dakota, has the nation’s highest rents. Thanks to the fracking boom, a basic apartment in Williston costs more than something similar in New York or San Francisco. And it comes with a lot fewer amenities.
For instance, shopping. If Walmart doesn’t have it, the nearest outlet is at least two hours away. Now, a Swiss investment firm has announced plans to Read the rest of this entry »