The Real Minimum Wage Is Always Zero
The Real Minimum Wage Is Always Zero
https://www.washingtontimes.com/news/20 ... um-wage-g/
“In response to recent minimum wage increases in California, fast food restaurants across the state are shifting to automation to get rid of wage-earning humans.“
“In response to recent minimum wage increases in California, fast food restaurants across the state are shifting to automation to get rid of wage-earning humans.“
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- Chester Cheesewright
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Re: The Real Minimum Wage Is Always Zero
► Republican dogmapsk836 wrote: ↑Mon Apr 29, 2024 9:02 amhttps://www.washingtontimes.com/news/20 ... um-wage-g/
“In response to recent minimum wage increases in California, fast food restaurants across the state are shifting to automation to get rid of wage-earning humans.“
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Re: The Real Minimum Wage Is Always Zero
► If you pull the floor from under employees wages , all their wages will drop
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Re: The Real Minimum Wage Is Always Zero
And if you flood the economy with 15 million unskilled laborers, all American wages will plummet to Third World levels.Chester Cheesewright wrote: ↑Mon Apr 29, 2024 10:34 am► If you pull the floor from under employees wages , all their wages will drop
And if you then create an artificial wage floor then employers will simply take the REAL total wages it is willing to pay and spread it across fewer workers at your artificial rate.
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Re: The Real Minimum Wage Is Always Zero
► I think most first world economies have a minimum wagepsk836 wrote: ↑Mon Apr 29, 2024 10:52 amAnd if you flood the economy with 15 million unskilled laborers, all American wages will plummet to Third World levels.Chester Cheesewright wrote: ↑Mon Apr 29, 2024 10:34 am► If you pull the floor from under employees wages , all their wages will drop
And if you then create an artificial wage floor then employers will simply take the REAL total wages it is willing to pay and spread it across fewer workers at your artificial rate.
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Re: The Real Minimum Wage Is Always Zero
REGULATED capitalism is the best economic system.psk836 wrote: ↑Mon Apr 29, 2024 9:02 amhttps://www.washingtontimes.com/news/20 ... um-wage-g/
“In response to recent minimum wage increases in California, fast food restaurants across the state are shifting to automation to get rid of wage-earning humans.“
Minimum wage laws are necessary.
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Re: The Real Minimum Wage Is Always Zero
Yes it's better to have a handful of people making a "minimum wage" than a bunch making a fair wage. I'm sure you hippies are right
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Re: The Real Minimum Wage Is Always Zero
► Nobody has defined “fair” yet.
How do we know what that is?
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