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  1. #581

    The president alone, can't solve poverty in this country. Every Filipino has a role that he/she has to perform in order to eradicate this problem. Our public officials can only do so much to alleviate poverty, private citizens should also play an active role in finding a solution to this problem.

    The problem is that majority of the Filipinos are totally dependent to the government. Indeed, it is the govt.'s duty to provide the basic services to every Filipino. But, this does not mean that we must rely everything to them. Money is not given, it is earned and we can only be compensated if we work.

  2. #582
    Quote Originally Posted by foolonthehill View Post
    simple problem, simple solution

    In the book, this is fully discussed!

    In general, when you are faced with an increase in costs, here are the options
    1. Increase selling price (your renter who is an engr will be earning P200 per month!!)
    2. Increase volume of sales (cant do anything for apartment)
    3. Increase efficiency (computerize etc
    4. Get out of business (dont worry somebody else will replace you; did companies go out biz bec gasoline rose 3x from P20 to P60?)

    Use the above formula for your problem below...

    1. are there bakeries in Paris
    2. are there fish vendors in Singapore
    3. are there newspaper sellers in London?
    You totally avoided the specifics of my hypothetical! A person on a FIXED (as in retirement) income will not realize any salary increase with Hyperwage. The "solutions" you offer above are meaningless, useless generalizations! The renter will be forced to fire his 2 helpers because he can't afford them. No one will pay a helper, maid, driver, handyman, security guard or gardener 20,000p per month! It's a ridiculous thought... Do YOU have a monthly rental to pay? Do you employ anyone, either in your home or in a business? I doubt that you do, because there's no way that the average person here can afford such ridiculous salaries. You rely on quotes from a book, and cannot speak from personal experience.

    Your suggestion to "get out of business.. don't worry, someone else will replace you" is some kind of solution? The application your Hyperwage Theory in the the hypothetical that I presented you with is COMICAL at best.. Try to plug YOUR OWN situation into your Hyperwage fantasy and see how it affects you. I guess the notion of mass layoffs is appealing to you, because that is exactly what would occur. And when the price of gas rose, many people were forced to radically adjust their lives, just to survive each month. Literally all prices on goods requiring shipping INCREASED. That's a good thing in your eyes?

  3. #583
    Quote Originally Posted by foolonthehill View Post
    This is a very simple discussion

    People go to USA for work, USA people dont go to Phils for work.

    That alone is your answer. Hyperwage is the magnet, people and biz are attracted to it.

    Did you read Chapter 31?

    If not, pls do so.
    You obviously misunderstood my post.. I didn't say that people were leaving the USA to work in the Philippines. My comment was that US companies CLOSED DOWN, and the work was outsourced to the Philippines (and other developing nations). American workers LOST THEIR JOBS because the companies could no longer afford to pay the high salaries there. Why pay a person 400-600 USD per WEEK to answer phones in the USA when you can pay a call center agent here 250 USD per MONTH to do the same thing? Multiply those figures 50X (fifty employees) and see the difference in savings. Increase the salary of a call center agent here to however high an amount dictated by Hyperwage Theory, (50,000p?) and watch 90% of the call centers here CLOSE DOWN and relocate in India. Virtually all companies who currently outsource here would close their doors because the salaries you suggest would price the RP right out of the game. Vietnam and India would both be incredibly happy to see Hyperwage implemented here ha ha.

  4. #584
    yeah, if you want to have a big salary then work for it. increase your knowledge. learn things that only few people know so you will be paid high. that's how market forces work. the rarer the gem the higher it will be priced. wages cannot be dictated by legislations and laws.

  5. #585
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    Start in one's self,best planning for life and sometimes make some innovation do not follow the trend nowadays,bisan ug walay trabaho mag-minyo,improve usa and make yourself stable,for me the change does not come from other entity but comes from us.

  6. #586
    Quote Originally Posted by Vince Russo View Post
    You totally avoided the specifics of my hypothetical! A person on a FIXED (as in retirement) income will not realize any salary increase with Hyperwage. The "solutions" you offer above are meaningless, useless generalizations! The renter will be forced to fire his 2 helpers because he can't afford them. No one will pay a helper, maid, driver, handyman, security guard or gardener 20,000p per month! It's a ridiculous thought... Do YOU have a monthly rental to pay? Do you employ anyone, either in your home or in a business? I doubt that you do, because there's no way that the average person here can afford such ridiculous salaries. You rely on quotes from a book, and cannot speak from personal experience.

    Your suggestion to "get out of business.. don't worry, someone else will replace you" is some kind of solution? The application your Hyperwage Theory in the the hypothetical that I presented you with is COMICAL at best.. Try to plug YOUR OWN situation into your Hyperwage fantasy and see how it affects you. I guess the notion of mass layoffs is appealing to you, because that is exactly what would occur. And when the price of gas rose, many people were forced to radically adjust their lives, just to survive each month. Literally all prices on goods requiring shipping INCREASED. That's a good thing in your eyes?

    Murag gi pun-an lang ug "0" ang kuwarta.

    Lagi, non-linear.

  7. #587
    its a pity some people have trouble looking at the essence and get blindsided by certain minor aspects.

    the reason I gave your the prescription formula from the book is that you will have know the GENERAL RULE.

    That is the reason I didnt waste my time explaining to you how to resolve your specific problem.

    BUt im not taking it against you. You are not the mind who composed hyperwage theory therefore we cannot expect your vision and understanding to be as deep as the inventor.

    DONT let minor exceptions as the basis of a GENERAL RULE.

    as for your fixed retirement income, you forgt SSS and GSIS benefits will also be increased! You didnt think of that?

    I cant help you if you cant go beyond the tip of your nose.

    Im not insulting you, I am just pointing where your analysis falls short.

    Maybe we are not ready for a discussion at this deep thought called Hyperwage.



    Quote Originally Posted by Vince Russo View Post
    You totally avoided the specifics of my hypothetical! A person on a FIXED (as in retirement) income will not realize any salary increase with Hyperwage. The "solutions" you offer above are meaningless, useless generalizations! The renter will be forced to fire his 2 helpers because he can't afford them. No one will pay a helper, maid, driver, handyman, security guard or gardener 20,000p per month! It's a ridiculous thought... Do YOU have a monthly rental to pay? Do you employ anyone, either in your home or in a business? I doubt that you do, because there's no way that the average person here can afford such ridiculous salaries. You rely on quotes from a book, and cannot speak from personal experience.

    Your suggestion to "get out of business.. don't worry, someone else will replace you" is some kind of solution? The application your Hyperwage Theory in the the hypothetical that I presented you with is COMICAL at best.. Try to plug YOUR OWN situation into your Hyperwage fantasy and see how it affects you. I guess the notion of mass layoffs is appealing to you, because that is exactly what would occur. And when the price of gas rose, many people were forced to radically adjust their lives, just to survive each month. Literally all prices on goods requiring shipping INCREASED. That's a good thing in your eyes?

  8. #588
    My goodness!

    Where did this line of reasoning come from?

    It is very demeaning for anyone to even comment on this.

    It's a pity.

    Quote Originally Posted by rickflag View Post
    If Hyperwage will be realized I will apply as a driver for foolonthehill. Perhaps she'll pay me 40K a month then I have free board and lodging, tax free, etc. That would be a life. Hahahah

  9. #589
    If I will use my brains, I would follow the formula that says INCREASE PRICES. If the maids will get P20T, then the renter who is an ENGR will be receving P200T (did I answer you before? you didnt read it?)

    I have answered you specifically, using my brain..



    Quote Originally Posted by Vince Russo View Post
    You totally avoided the specifics of my hypothetical! A person on a FIXED (as in retirement) income will not realize any salary increase with Hyperwage. The "solutions" you offer above are meaningless, useless generalizations! The renter will be forced to fire his 2 helpers because he can't afford them. No one will pay a helper, maid, driver, handyman, security guard or gardener 20,000p per month! It's a ridiculous thought... Do YOU have a monthly rental to pay? Do you employ anyone, either in your home or in a business? I doubt that you do, because there's no way that the average person here can afford such ridiculous salaries. You rely on quotes from a book, and cannot speak from personal experience.

    Your suggestion to "get out of business.. don't worry, someone else will replace you" is some kind of solution? The application your Hyperwage Theory in the the hypothetical that I presented you with is COMICAL at best.. Try to plug YOUR OWN situation into your Hyperwage fantasy and see how it affects you. I guess the notion of mass layoffs is appealing to you, because that is exactly what would occur. And when the price of gas rose, many people were forced to radically adjust their lives, just to survive each month. Literally all prices on goods requiring shipping INCREASED. That's a good thing in your eyes?

  10. #590
    Quote Originally Posted by foolonthehill View Post
    its a pity some people have trouble looking at the essence and get blindsided by certain minor aspects.

    the reason I gave your the prescription formula from the book is that you will have know the GENERAL RULE.

    That is the reason I didnt waste my time explaining to you how to resolve your specific problem.

    BUt im not taking it against you. You are not the mind who composed hyperwage theory therefore we cannot expect your vision and understanding to be as deep as the inventor.

    DONT let minor exceptions as the basis of a GENERAL RULE.

    as for your fixed retirement income, you forgt SSS and GSIS benefits will also be increased! You didnt think of that?

    I cant help you if you cant go beyond the tip of your nose.

    Im not insulting you, I am just pointing where your analysis falls short.

    Maybe we are not ready for a discussion at this deep thought called Hyperwage.
    As usual, you are claiming "intellectual high ground" whenever someone challenges Hype Theory.. You apparently worship the ground the author walks on, and that's okay for you. You refer to the ruination of peoples' lives as "minor exceptions".. SSS and GSIS benefits are already underfunded, and in case you haven't noticed, this country's government is in horrible shape financially. Just who do you think is going to fund SSS and GSIS to boost payment levels up so dramatically. Forget what you think of my intellectual level for a moment. Don't you think that greater minds than yours (or the author's) have been dealing with looking for a way to lessen the rampant poverty here? And yes, claiming that you are my intellectual superior IS insulting to me. You're overly confident in many ways, one of which is your intelligence level. You really believe that the solution for years of poverty lies in a book written by an unrecognized author of a theory who himself probably lives at or near the poverty level? If you want to learn about making more money, you should talk to someone who has made a lot of money and find out how THEY did it.

    We have yet to discuss anything because you refrain from using your own experiences (other than your choice of insults) to debate any of the points I brought up. Talk to me when you've worked at a job for 20 years, earned a salary, owned houses, employed people and traveled a bit. Then we can talk as equals, with you speaking from actual EXPERIENCE, not merely quoting excerpts from a book you enjoy reading. You're thoughts are anything BUT deep from what I've heard from you thus far.

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