What's your opinion on the hyperwage theory?

[tokidoki]

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What is the real name of BrownProse?

You seem to be very intelligent.

May we know what is:
1. course and honors, if any
2. your current affliation
3. your position
4. what industry?

even if you dont tell us specific name of company but at least we have an idea about your field.

thank you

with all due respect bai anyone can make that info up. kai naka encounter pud ko ug usa ka istoryan na pa as if double major DAW sa psychology (bogo siguro kaayo he had to take it twice). you get my point?

[Leartes]

does anybody of you here knows this "KUYA JT" guy sa DYAB? is it true that he's the one who formulated the HYPERWAGE THEORY and that he's far more smarter than any of the world renowned economists

[T0xic]

imbes i-bulsa ang kwarta, please ihatag sa mga nag kinahanglan!

[al1974]

does anybody of you here knows this "KUYA JT" guy sa DYAB? is it true that he's the one who formulated the HYPERWAGE THEORY and that he's far more smarter than any of the world renowned economists

The one who authored Hyperwage Theory is Thads Bentulan- a Filipino who hails from Bohol, a graduate of USC Talamban BS ECE. Ask around USC TC's older professors and graduates and they know probably Thads. he also had a teaching stint there. Probably he is in his mid to late 40's. To say that the guy is smarter is an understatement. The guy is a GENIUS. If you will read the whole theory, you will probably understand his viewpoint. You will know that the theory is well-thought of. You will not probably be convinced in the beginning but then again, you will later realize that it indeed is a brilliant theory. Thads is a columnist in Business World, had been based in Hong Kong and have travelled the world. He is said to be sought for his ideas, theories and insights by some key individuals on business and financials here and around the world.

I could say I have digested the whole book and fully understood it. I don't want to highlight my credentials to back up this theory but I should say I am also a critical thinker myself and have analyzed every single possible loophole of the theory and found none.

[al1974]

Mao ni ang post against hyperwage. Di ko sweto og economics pero murag nagdamgo man ta aning hyperwage. kung tinood pani ang hyperwage ngano wa man ni gi adopt?

Brown pose is pretending to know the Hyperwage Theory but he have not fully read it. How can he possibly understand it when in fact he have not read it fully.

Hyperwage theory is a theory but it is evident in First World countries. First World countries are examples of Hyperwage Countries.

[al1974]

in my thoughts, higher wages may result to:

A) the company you're working for will decrease some of their savings/profits. that may result to closing some businesses if they can't gain profits or get bankrupt.




I heard, some companies always pay lesser taxes to the gov't .. if they hire more people, the gov't will be able to collect more taxes from the companies' employees. explaining that companies can pay less taxes than the employees.

I also heard from someone that some companies issue different Official receipts. that means they're hiding their true profits and gains and avoiding the exact amount of tax collections. that might result to a higher tax(VAT) in the future. coz the gov't only gets few money from taxes.

some companies are corrupt, too.

but does it matter if you pay the exact tax amount for the gov't, yet the tax your paying ends up in other peoples' pockets? the situation is really sad. but if you don't pay the right amount, the gov't will soon ask another round for additional taxes in the future... for their pockets. the situation will soon gets worse.


B) workers will have the ability to buy more goods and services in the market if they have higher pay. it may mean more trade. and more trade will result to higher demands of goods and services.


I don't believe that our gov't is poor. they collect a lot of taxes.. if you compute how much taxes they will be able to collect in a single fast food chain like jollibee in a month or in a year.
and what's worse, the gov't still borrows money from the world bank. that means, what's left for juan de la cruz, is to rely only for the low labor the company he works for can offer, coz the gov't can't provide some juan's needs.


To summarize:
the some ppl in the gov't
- is asking taxes (or higher tax rates) for funds;
- borrows money in the world bank regularly;
- use the people's money to other means
- make juan to go work very hard
- has really lots of money


that some companies:
- cheats on their taxes
- pays juan really low
- have some money and savings coz they were able to spend less, and monetize much



juan de la cruz
- gets hungry coz juan can't afford too much
- was asked higher taxes
- does'nt have much money
- sometimes juan just can't save much coz juan wants more material stuff; either by great advertising, or juan just want it, aand, juan pays higher prices of goods and services


it's too much corruption makes us poor.

the truth is, a low paying wage and corruption is really making difficult for juan to rise.
sooner or later, naked juan-the-worker might work for free just to eat and buy stuffs. I just hope that's not gonna happen. maybe it's not gonna happen. businessmen will complain. they'll just ask you to swipe your credit card. just go to work juan.


I don't know but, Is having more money(more wage) the real solution?

Yes, some companies will close because they cant afford hyperwage (higher) salaries. BUT the following will take place:
1. Higher paid workers will be more productive.
Those who can not afford high salaries for their employees will have to cut down manpower and might have lesser employees with more responsibilities but with better compensation. OR they will not hire people and have to be the one taking care of their business. If you noticed, in US, small shops/companies are manned by the owners themselves.

2. Lesser people working but better income per family. Imagine- only the father will work but he will now be able to raise his family. The mother can now tend to the kids and may not afford a helper due to higher pay even for helpers. Kids can be well-raised with the mother around.

3. People can now afford more food, houses, appliances and even cars, etc. So this would mean more purchases thus stimulating income. Precisely what the US govt is doing now to save the economy---US is creating economic stimulus--- to increase purchasing and stir economic activity. Imagine- every working individual will now afford to buy their needs.

4. We will not have brain drain. No need to go abroad if we have higher salaries here. Families are now intact. No kabit, no drug addict son, no abused OFW...

5. Even the govt employees will now be highly paid. So lesser red tapes, padangug, etc.

6. Corrupt companies- those who cheat and don't pay enough salary will close because they can not afford hyperwage salary.

7. Wealth will be equitable- meaning well-distributed.

8. People will now afford basic goods, health services, etc and may not rely on the government for this. So the government will only have lesser projects to implement- and that means lesser kickbacks.

9. Imagine- in US, a hyperwage country, a laborer's one year salary is almost equivalent to 10 years of working here in the Phil. My friend who works as a nurse in London says his 2 days salary there can buy a 20 inch TV here. A nurse here will take at least 15-20 days working to buy that. A maid in HongKong earns 20-25 thousand a month, our maid here is paid 1,500-2,000 a month. And some things in first world countries are even cheaper than in the Philippines.

[genzu73]

I'm hoping that the lawmakers are aware of this. I'm also hoping for high paying salary. Frankly speaking, I really don't want to go abroad in order to get high paying salary. I just want to be here in my beloved home country. Just to be with my family and spend quality time with them. But some cases were really forcing us in order to support our daily needs. I don't want to get broke. But still, I am right now.

[Leartes]

so this thads bentulan is kuya JT? the one that we hear every evening sa radyo?

[al1974]

i am not sure if thats him. i havent listened to DYAB.

[zapantalambda]

d jud ni mahitabu'.
pinas pay imo.