spending a night with rambunctious classmates!!!

after extremely preparing for what i'm going to wear for this much awaited Business Law Presentation in school... i didn't realize how much more than what i'm going to put on will be the butt of all the happenings of this dreaded report... for one... i have prepared a list of possible suits that would either make or break the whole feel of professionalism... so i went for a classic dolce pin stripe 3-button black suit... and then since i've spent most of my time deciding on what suit to wear i only had a day to shop for the long-sleeves and a scrumpy neck tie... i got myself a gray and while vertical stripes shirt in armani exchange and a diagonal black and white striped tie in banana republic... (so i was in stripes on stripes... where did i here that one before????)

and then for the report itself, which took me lesser time to prepare for than the actual get-up (so... typical...) i drudged my sick and hypo-ventilating friend to be the clown in one of the dramatization movie clip that is going to be the ice-breaker of the very serious matter of our discussion...

all set...

the report flowed as planned... but not as boring as i expected... then it came to my mind how competitive these nincompoops are, so the group decided on impulse to begin a debate... which made the class rise with enthusiasm...

so at this point... which is the juice of the blog... i hope anybody who reads this with an IQ level above the average stupid person can react on what they think is the better side...

The question is... IS MINIMUM WAGE LAW A GOOD OR BAD LAW?

well... i'm only going to discuss my side of the argument... hehehehe

first thing is that, i gave an example to the class... here it goes...

this is for people who like higher minimum wage...

if you were a company that fills balloons with carbon dioxide and you wanted to outsource this service having to choose between man power in Cebu and man power in Zamboanga... we all know that Cebu has a higher minimum wage than Zamboanga... where would you outsource the blowing of balloons??? (to people who's still with me and who obviously should have a goal to profit... you would go for the place where a lower minimum wage governs... good for Zamboanga... bad for Cebu...)

if this would be in an international scale... you could now understand why CHINA is getting to be a scary competitor in manual labor... one thing there are too many chinese (i've heard that if all chinese in china jumped at the same time, they could create a tidal wave that could engulf the whole of California... hmmm... talk about secret weapon!) next would be they have cheap labor... just imagine if the chinese would be as fluent in english as the Filipinos are... GOODBYE CALL CENTER INDUSTRY!!!!!

now... this is for people who like lower minimum wage...

if we try to make the minimum wage lower... this is what would usually happen... a simple saleslady in a department store, a guy who sells TAHO, an ironing lady working for a laudry shop and a simple computer science graduate working as an encoder... MAY ALL HAVE THE SAME WAGES!!!! is that fair????

so the group stand is that... high or low minimum wage does not give the proper economic logic as to how commodities should bought or sold... the only and un-debatable way to determine how much labor would cost is by using the LAW OF SUPPLY AND DEMAND... stating that for anything that has a high demand... a higher price should be put on it... and for anything that has low demand... a lower price should be put on it... anything that has an abundant supply a lower cost should be on top of it and anything that is scare a higher price should be on top of it...

very realistic and very logical...

well... everybody in class seem to be more sympathetic and sentimental on their way of thinking... looking at humanity and morals and human rights... blah blah blah...

i say if we pretend that we are taking care of Filipinos by spoon feeding them of what they want... then we can never move to the next step... we're doing more bad than good... the only way to make these people work and think of their lives is when we teach them how to live and not to tolerate how they suck the life force out of other people's effort and money...

bottom line, you should earn your money...