How to stop or solve the poverty in the Philippines?

[al1974]

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demand? how can there be demand kung wala nga trabaho? alam mo magbasa ka ng iabng libro masyado nang polarize ni bentulan yung reasoning mo.. para namn meron kang ibang view...

I've done my homework just like any diligent student. And how I do my homework depends on me. Neither any of my parents do my homework and neither will you dictate what book I read.

tuta ka ata ng MNCs eh...

I dont work for MNC. I work for a Filipino company and never plans to work for foreign companies despite offers... and you can call it patriotism and I won't mind.

How about you? Are you working for a foreign company?

Oh well, short temper is relative to short comprehension. That's just an observation but keep your BP in check, too.

[unsay_ngalan_nimo]

I dont work for MNC. I work for a Filipino company and never plans to work for foreign companies despite offers... and you can call it patriotism and I won't mind.

How about you? Are you working for a foreign company?

Oh well, short temper is relative to short comprehension. That's just an observation but keep your BP in check, too.

hahahaha.. no i dont work for a foreign company but my husband do... and he is not even an OFW... i on the other hand is planning to invest on something while studying law...

kay siguro pro-hyperwage ka imo tan-aw your employer is not giving you what you should be earning... hahahaha....

lam mo try mo magbasa ng iba pang libro.. i think Dakota can give you a list... try core-periphery theory.. wallerstein...

try reading theories on foreign economic policy... magnda kase kung magbasa ka hindi lang isang view or reason...

[al1974]

hahaha.. unemployment for the meantime? and how long will that be? tahn-aw nang golden cowrie karon ay.. kahibaw ka unsa na sa una mura ra tan-wn na ug karenderia...

imo tan-aw kung ma-implemnt nah hyperwage willing ang Sm mu pay ug 25k kada sales lady wihtout laying of other workers?

wage increase have + relation with productivity gain...

the worst case scenario is monopoly.. lahat ng business at local companies puor lopez, jumenz lang conjuanco makatag-iya...

makalagot mkahun-huna na imo tan-aw kay dili mu-count nag mga SMEs... basin imo amo way ayo...

If people will be earning hyperwage payroll, they will buy at SM or any dept store MORE. More purchase- volume increases, then multiplier effect- economy gets stimulated--- more houses renovated, more consumption of goods, etc.

Isn't that what US wants to do in a recession? Economic stimulus? More money at the hands of the consumers, will be good for the economy!

[unsay_ngalan_nimo]

i agree with hyperwage but not as what you are selling... im for selective hyperwage.. those who can afford to increase their workers pay should do that...

but we need a law on that..

[unsay_ngalan_nimo]

If people will be earning hyperwage payroll, they will buy at SM or any dept store MORE. More purchase- volume increases, then multiplier effect- economy gets stimulated--- more houses renovated, more consumption of goods, etc.

Isn't that what US wants to do in a recession? Economic stimulus? More money at the hands of the consumers, will be good for the economy!

but the number of those who will be buying to SM will lessen also kay dgahan man tak-atak sa trabaho.. then mu-taas sad ang presyo sa uban commodity... balik ra gihapon uno.. ambi nimo daku imo kwarta then gamay ra diay...

[unsay_ngalan_nimo]

mnatulog na gyud ko kay mura tuoyk namna gud ni oi...

eto na lang... at present ang main prob gyud sa philippines kaydaghan waly trabaho then daghan pabuhi.. karon kung ato patas-on ang sweldo mahurap na nga maghanp ng trabahp laol pa pa naging mahirap...

we have many workers less jobs... law of supply and demand.. what happen if there are less jobs and more labourers? labourers are willing to work for less pay...

SMes create jobs... ngayon gusto mo patyain yung mga ganun though hyperwage... so ano gusto mo?

[Tarmac]

Amd I agree with that. Why? some dept stores and fastfood shops here are not paying the right wages and they are way too below minimum but the govt looks the other way because of these establishments closes down, there will be unemployment--- yes, for the mean time, because sooner than later, SM will get into their business, Jollibee, Mcdo, etc will get that business. These LEGAL business sectors follwoing statutory wages will take over.

But the trouble with the above statement is that you are assuming it is the firms that aren't paying statutory minimum that will close. However, some businesses paying wages at or above statutory levels right now won't be able to pay hyperwage levels. Why close them down? What have they done to deserve that? Why force them to move into a business environment that will force them to lay off employees? What have the employees done to deserve that?

What is the guarantee that under the hyperwage environment, people won't be willing to work for less than minimum wage? Our population far outstrips the number of jobs now and jobs won't suddenly pop up when hyperwage is implemented. In fact, by your own admission, unemployment will actually rise in the meantime. People with hungry stomachs cannot wait. Our government cannot afford to feed all of them. Livelihood seminars? Grow food in the backyard? Mura man ug nuclear holocaust, which would probably be more benign (o Fool, hyperbole na ha?)

And finally, your statement exactly proves the point we've been making all along. The only businesses who will really survive and benefit the most from hyperwage in its initial stages are the big ones. SM, Jollibee, McDonalds...

[al1974]

hahahaha.. no i dont work for a foreign company but my husband do... and he is not even an OFW... i on the other hand is planning to invest on something while studying law...

kay siguro pro-hyperwage ka imo tan-aw your employer is not giving you what you should be earning... hahahaha....

lam mo try mo magbasa ng iba pang libro.. i think Dakota can give you a list... try core-periphery theory.. wallerstein...

try reading theories on foreign economic policy... magnda kase kung magbasa ka hindi lang isang view or reason...

you got it all wrong- i am getting a more than modest salary. I got to be a manager at an early age and my wife works as an officer.

I just find the theory brilliant and its plain common sense and logic and makes me ask myself why haven't I thought of that. It did challenged my mental faculty at first but I realized it was a well thought of plan. And I don't mind the author's self-proclaimed and conceited style. I just happen to know Thads and his credentials- hey even his two boys are geniuses.

And your into law school- I wanted law school too but I am just too busy developing home-grown management employees preparing them for the future of our company.

I advocate it and I want people to read it. Even if you don't believe and support the theory, I'd like you to read it. There are a lot of facts that opened my eyes.

[al1974]

ok, lets try selective hyperwage. Lets start with the helpers- say there will be a law that will dictate that maids should be paid minimum wage law. I think that alone will improve the lives of the maids.

How about that?

[al1974]

And lets also say- all emplyess should be paid with the minimum wage. Is that workable? So you still want to defend those who are not paying min wages? Let them close business if they can not follow that.