Minimum wage law will just create bigger problems, expect salary distortion across the board.
Topic: Abolish the Minimum Wage Law - page 2. (Read 2324 times)
Lowering minimum wages is a brain dead idea; it will not increase employment levels and will in fact further ruin the economy. The problem most corporations have is not primary labor cost, its a lack of consumer demand. You could go back to slavery and it wouldnt solve that problem. On the contrary, lower minimum wages will further decrease the money consumers have available for spending.
IMO income and wealth disparity is not a social or "fairness" problem as much as it is an economic problem.
IMO income and wealth disparity is not a social or "fairness" problem as much as it is an economic problem.
First, you would have to implement a decent money system. Repeal of the minimum wage law will plummet the workers' income, while leaving their current debts as they are. Got to get rid of the debt-money system first.
Yea, because spending 2 or 3 dollars in gas to get to work to work 4 hours at 3 or 4 dollars an hour and then 2 or 3 dollars in gas to get home is /totally worth it
Yay! I made 6 dollars!
Oh? You're driving an old shitty vehicle that only gets 10 miles to the gallon
Make that only 4 dollars, tomorrow you'll be able to afford a meal at McDonalds!
Yay! I made 6 dollars!
Oh? You're driving an old shitty vehicle that only gets 10 miles to the gallon
Make that only 4 dollars, tomorrow you'll be able to afford a meal at McDonalds!
I say we try it. Just don't try it here. I think it will end horribly. Corporations will get away with murder if allowed. The only thing that needs to be changed is relaxed laws for small businesses and entrepreneurs.
I'm sure it's been try somewhere before, and look where that got them.
I say we try it. Just don't try it here. I think it will end horribly. Corporations will get away with murder if allowed. The only thing that needs to be changed is relaxed laws for small businesses and entrepreneurs.
How about implementing those minimum wage law only to Bosses, Employers and Execs. 
Good idea! A new law needs to be passed. Bosses should make no less than $100,000 per year. Employers, no less than $250,000. And Execs, no less $1M. That way the IRS can take more out of their pay so that the government can create more nonpaying jobs.
+.2521 (because that is all that is left when they are done taxing me!)
How about implementing those minimum wage law only to Bosses, Employers and Execs.
Good idea! A new law needs to be passed. Bosses should make no less than $100,000 per year. Employers, no less than $250,000. And Execs, no less $1M. That way the IRS can take more out of their pay so that the government can create more nonpaying jobs.
How about implementing those minimum wage law only to Bosses, Employers and Execs.
In response to the following(s):
After listening to http://www.npr.org/2012/01/03/144594861/raising-the-minimum-wage-who-does-it-help I almost firmly believe that the minimum wage law should be abolished. There are a lot of people out of work that would gladly work for nothing if given the opportunity of being fully employed.
As you can see is the above real-to-life photo, this guy is clearly upset for the wages he's receiving, expressing that stress to his boss, but the company's tied to that damn minimum wage law.
Lower the minimum wage 10% a year, and after 10 years there will be no unemployment worldwide.
Comments?
is so damn quiet without Atlas 
Yes we need someone else to make 10 new topics a day with the latest fox news/NPR talking points.
After listening to http://www.npr.org/2012/01/03/144594861/raising-the-minimum-wage-who-does-it-help I almost firmly believe that the minimum wage law should be abolished. There are a lot of people out of work that would gladly work for nothing if given the opportunity of being fully employed.
As you can see is the above real-to-life photo, this guy is clearly upset for the wages he's receiving, expressing that stress to his boss, but the company's tied to that damn minimum wage law.
Lower the minimum wage 10% a year, and after 10 years there will be no unemployment worldwide.
Comments?
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