An experimental program in Austria that creates work for the unemployed

Post by Dylan16807 » Sat, Dec 10, 2022, 9:40 PM UTC

samus wrote: post #112

CrazyStat wrote: post #88

Earlier quoted context omitted.

>You can make an educated guess how that will influence the price of healthcare or living in a nursing home. Based on the $49 charge for 5ml of sugar water to calm our newborn baby down so a nurse could draw his blood, probably not much. (The nurse failed to draw his blood. After four or five failed attempts over several hours they eventually asked a nurse from the NICU to come over, who got it first try.)

The nurse is probably receiving very little of these $49. It's probably an inflated price charged by the hospital that is usually negotiated down to something reasonable by the health insurance provider. Similar to the discussion I had with my product manager recently: she can't expect that consultant to work according to the 100$ per hour that his company charges, because he is likely receiving a lot less.

Post by zemvpferreira » Sat, Dec 10, 2022, 9:42 PM UTC

protoman3000 wrote: post #119

burlesona wrote: post #114

Earlier quoted context omitted.

I agree with your sentiment, but your anger re: housing is misdirected. Developers do not short the housing supply. Like most businesses they make more in volume than they do in margin and would happily build more units at any price range if it was legal. In the US and UK (and probably many other countries) the government has a default stance of allowing no or nearly no development without excruciatingly painful, exp…

I understand your willingness to attribute wrong behavior to the correct culprit. But, how does it come, that these procedures to get building permits have been slowed down/bureaucratized to the point that it almost seems intentional? Also, the anger is not about them intentionally shortening supply - it’s about them intentionally asking and taking the higher prices. Nobody forces them to take more than e.g. a 10% sh…

Post by majewsky » Sat, Dec 10, 2022, 9:43 PM UTC

samus wrote: post #112

CrazyStat wrote: post #88

Earlier quoted context omitted.

>You can make an educated guess how that will influence the price of healthcare or living in a nursing home. Based on the $49 charge for 5ml of sugar water to calm our newborn baby down so a nurse could draw his blood, probably not much. (The nurse failed to draw his blood. After four or five failed attempts over several hours they eventually asked a nurse from the NICU to come over, who got it first try.)

The nurse is probably receiving very little of these $49. It's probably an inflated price charged by the hospital that is usually negotiated down to something reasonable by the health insurance provider. Similar to the discussion I had with my product manager recently: she can't expect that consultant to work according to the 100$ per hour that his company charges, because he is likely receiving a lot less.

Post by majewsky » Sat, Dec 10, 2022, 9:52 PM UTC

zozbot234 wrote: post #80

davethedevguy wrote: post #49

Earlier quoted context omitted.

I think this would cause a fundamental shift in our society. Who would want to work minimum wage server jobs when offered the same salary for something more rewarding? Who wants to do gruelling, poorly paid labouring on a construction site, if the alternative is training to be a craftsman for the same wage? Those jobs would either need to be paid much more attractively (pushing up the cost of restaurant food and cons…

Restaurant food and construction are in the non-tradables sector, so we can just look at places where these jobs pay more by virtue of location - such as expensive city cores, particularly outside the U.S. Looks like they still have restaurants and construction and they're priced roughly the same as anywhere else, so paying low-skilled labor so much more can't be affecting them all that much.

Post by majewsky » Sat, Dec 10, 2022, 9:53 PM UTC

blue039 wrote: post #67

pjmorris wrote: post #56

Job guarantees make more sense to me than UBI; the government only has to pay for those who aren't employed elsewhere while it still sets a floor for the entire economy about how bad a job can be, squeezing out jobs that are worse than the JG jobs. But I'm still collecting facts and quite open to being wrong. On my list to read: 'The case for a job guarantee', Tcherneva. [0] ' http://pavlina-tcherneva.net/the-case-fo…

Full employment never works. Famous example is the soviets. Neither can UBI be penciled into an actual economy. UBI would bankrupt the nation, so would a large scale job guarantee program as described. I am never surprised. When asked to put a dollar value on a program the overeducated go on bleeting about higher order non-sense. It's hard to take any of these academic exercises seriously. Especially when they spawn…