https://www.lewrockwell.com/2019/08/bill-sardi/the-dumb-american-worker/
The Dumb American Worker
By Bill Sardi
August 6, 2019
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Here we go, socialist jingo. Note the words “income inequality.” Joining a union is not going to get you anywhere as the union takes a cut of your paycheck. Unions, plus or minus, socialize what a worker is worth.
Businesses operate in a competitive market. Cost of labor can doom a restaurant owner who is only working on a 10% profit margin to begin with. Of course, we can halt competition. Then the cost of everything rises.
We send American kids to school with no orientation on how to get a job, how to build their worth, how to develop job skills. Students pass a few college classes that hand out true or false tests and that makes them worth more in the labor market? Young Americans would be better off working as an understudy plumber.
A few years ago The Wall Street Journal published a report showing plumbers make more money (six figures) than college graduates.
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And, I just shake my head at the “stupidity” of “immature adults” taking loans for degrees that command no use in the market place.
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