wage discrimination

The current law prohibits the discrimination on gender or race in workplaces but it does not regulate the difference of payment based on education or experience. This is because what the biggest factors on job performance is not gender or race but educational background or job-related experience. Also, it is often considered that employers can determine the salary based on the capability of an individuals on a certain jobs and the easiest way to recognize the capability is to check individual’s education and experience. That’s why it can be possible that there is a discrimination in pay concerning education or experience.

The relationship between minimum wage and teenager's employment

When the minimum wage is raised, it can be expected that teenagers (rather than members of any other age group) who are most likely to lose their jobs (or get turned down for employment).

In general, teenagers are not skilled and have less experience of the work, which requires the employers to put more time and effort to training them. If the minimum wage is raised, the employers would reduce the spending. The first thing they would consider is to reduce the spending on hiring staff member. They will be more likely to hire skilled employees who can deal with more job tasks rather than unskilled workers who need to be trained. From this reason, I believe that increasing minimum wage would not allow teenagers to keep their job.

Current price on Internet use

The current price might be based on the traffic agreements that the thousands of networks all over the world that comprise the Internet are all joined in countless arrangements. It is fair concerning the fact that we pay the Internet data fee regardless of the amount of data we spend. It is because the current price would meet the contradicted sides between consumers and Internet service provider. e.g. consumers would like to pay less Internet data fee while the providers would like earn more money. If the fee is estimated as different depending on the used amount of Internet, some conflicts would be expected. People would try to decrease the amount of Internet data they use, which would bring out the low profit for the Internet service provider. Also, it can be expected that consumers would get suppressed in using the Internet data.

When government repay its debts,,,

Supposed situations

1. The government spends more this year than it collects in taxes, borrowing the difference.
2. The government will repay its debts.

In the future...?

When the government will repay its debts, the tax rate will be increased. Increasing tax will be a burden on people, which means people are willing to increase their saving by spending less. It is because the tax change causes the changes in the relative prices. i.e. the costs of goods, expressed in terms of other goods or in terms of a basic bundle of goods.