Guess whos back!: World's richest woman calls for Australian workers to be paid $2 a day to compete with companies hiring cheap African staff

[Kasz216]

bannedagain said:

Kasz216 said:

bannedagain said:

Kasz216 said:
Sounds like the German School of economics.

It actually seems to work pretty well if you have a welfare system in place to help such workers.

REALLY?

You can agree with any right wing idea. Op' whoops I side right wing. Don't ban me bro!

....riiiiiiiiight.   Cause having an expansive welfare system to help out people with jobs is rightwing.

I thought you where agreeing with the $2 a day pay.

Like I said, it seems to work with an expansive welfare system to help out the people with jobs.

Keeps jobs that would be exported overseas in country.

 

It's another version of the Denmark "Flexicurity" system.  Denmark has labor laws far to the Right of the US or anywhere else... but also expansive unemployment. 

It leads to a very flexable system where companies want to put jobs because they know they can hire and fire whenever they want, no notice, no standing benefits and being out of work at some point is something the general public expects as a possibility.

Working less great now, since they're at about the US level of unemployment, just below i believe, but that's to be expected since they tend to be financials based.

 

Of course they pay for it with a HUGE tax rate.  And not a very progressive one either, essentially because everyones tax rate is around 50%+.  The "progressive" part being between 3% and 15%.