Wednesday, June 8, 2011

Researchers say Kentucky needs to repeal prevailing wage laws

We posted yesterday that the Mercatus Center has released its annual freedom index of the states.

Among their recommendations for Kentucky: repeal prevailing-wage laws and cut spending...

Tighten the rules for municipal-bond issuance and cut spending, particularly on grants to local school districts and employee compensation (repeal the prevailing-wage law), in order to retire debt.
The Bluegrass Institute has long been an advocate of repealing prevailing wage laws.

5 comments:

Hempy said...

Once again you set yourself against the morals and values of the Abrahamic covenant that requires that the good of all be provided for.

Instead, you preach your atheistic-ology of Ayn Rand and have set up your own golden calf.

You worship your golden calf with such language as "free market" and "less regulation."

Adam Smith, ethicist and the father of capitalism whom you loathe and hate, embraces the moral and just views of the Abrahamic covenant and wrote:

"What are the different methods in which the whole society may be made to contribute towards defraying the expenses incumbent on the whole society…?"

That includes fair and just wages so workers too can contribute towards defraying the expenses incumbent on the whole society.

Logah said...

Hempy -

I don't "loathe and hate" Adam Smith. Unfortunately, as I was born almost 200 years after he passed away I never got to meet him.

Regarding workers wages though - it should not be up to the government to determine what fair and just wages are. The market should determine that.

Hempy said...

Logah:

Adam Smith's Wealth of Nations is available free online. Download it and read it. So is his Theory of Moral Sentiments. Smith was an ethics professor in Edinburgh Scotland.

His ethical views are found throughout the Wealth of Nations, and they're based on the Abrahamic covenant that we have a moral and spiritual obligation to work for the good of all.

Fair and just is a matter of proportion. To say "The Market" is simply to make the market a golden calf that has all the attributes of deity--omnipotent, omniscience and omnipresent.

"The Market" has become a deity just as it's the deity of Ayn Rand. It best serves her atheistic views.

Her market-based atheistic views are the philosophical foundation of the Republican Party.

You can learn more of Ayn Rand's views here: http://swampland.time.com/2011/06/03/paul-ryans-ayn-rand-problem/

Anonymous said...

Hempy -

It appears you favor setting up an artificial pricing scheme that requires a state bureaucracy to set wages, set classification rules on who can work on what, audit job sites in hopes of catching a contractor breaking government mandated rules for government work, fining contractors for violations, and reporting.

Your system also forces a contractor to keep separate records for the paying the same craft person different rates if they work on a government controlled prevailing wage job and another competitively won job in the private sector.

But given that folks that live off tax dollars cannot understand or appreciate that people earning every dollar can think, can perform, and can deliver quality work per specs their thinking defaults to the government must tell people what to do for the people can't do anything right.

If your government controlled construction wage and classification mandates are utopia then why in the world don't you stand up and promote it for all construction and see what that does to the economy. That way the union controlled department of labor could put everyone out of business.

Isn't it collusion when the unions dictate wages and classifications and their union buddies in the department of labor regulate and enforce? Or is that business as usual for government - called political payback?

Logan said...

Hempy -

I agree that we have a moral, ethical, and spiritual obligation to help others.

Where you and I differ though is that I believe that is the obligation of the person and not the state. The state has no power or sway over my spiritual affairs.

We must help people - but to entrust that to a government prone to corruption, waste and fraud seems unwise.