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Who: Kimball Corson. Text and Photos not disclaimed or that are obviously not mine are copyright (c) Kimball Corson 2004-2016
Port: Lake Pleasant, AZ
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Why the Minimum Wage Matters

04 December 2012 | Pago Pago, American Samoa
Kimball Corson
Why the Minimum Wage Matters

As studies show, an incrementally higher minimum wages has not lead to substantial unemployment for that reason. Why? It is simple.

Doing away with the minimum wage would only allow top and middle management to skew the wage and salary pie of their companies all the more in their favor and against the workers below them.

The belief that workers are compensated according to the value of the marginal product is naive and displaced by the politics of competing firms which run a conscious parallelism on wage and salary practices among and between firms.

It is the piece of our capitalism that is most badly broken and a reason American capitalism should be replaced by the mix capitalism/socialism approach used by the Scandinavian counties.
Comments
Vessel Name: Altaira
Vessel Make/Model: A Fair Weather Mariner 39 is a fast (PHRF 132), heavily ballasted (43%), high-aspect (6:1), stiff, comfortable, offshore performance cruiser by Bob Perry that goes to wind well (30 deg w/ good headway) and is also good up and down the Beaufort scale.
Hailing Port: Lake Pleasant, AZ
Crew: Kimball Corson. Text and Photos not disclaimed or that are obviously not mine are copyright (c) Kimball Corson 2004-2016
About:
Kimball Corson: I am a 75 year old solo sailor, by choice. However, I did take on a personable, but high maintenance female kitten, now a full grown cat, named KiKiPoo when she is sweet, or KatKatPo after she has just killed something like a bird or bat. [...]
Extra:
Although I was a lawyer and practiced law with good success for thirty years, creating significant new law, I never really believed in the law, the politics of law or in the over reaching self-interest of most lawyers I met. Too much exposure to Nietzsche and other good and seriously thoughtful [...]
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Profile

Who: Kimball Corson. Text and Photos not disclaimed or that are obviously not mine are copyright (c) Kimball Corson 2004-2016
Port: Lake Pleasant, AZ