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GhettoDogAllStars · 01-04-2007, 01:47 PM

I've had a lot of 2 cents lately, why not another?

The reason for minimum wage is not to prevent people from being exploited by thier employers. The real reason is to get votes.

Having a minimum wage hurts the economy, by increasing the amount of unemployment. Bottomline: people will not take a job that's not worth the work. If there's a low paying job and there are people who are willing to work it -- why prevent that, even if the wage is lower than what some people think is acceptable? Minimum wage is a product of the employment market (much like all other markets). Setting it artificially high just means that companies cannot/will not employ as many people as they would like to.

01-04-2007, 01:47 PM	#14
GhettoDogAllStars Playmaker Join Date: Aug 2006 Location: Denver Age: 43 Posts: 2,762	Re: Tiered minimum wage? I've had a lot of 2 cents lately, why not another? The reason for minimum wage is not to prevent people from being exploited by thier employers. The real reason is to get votes. Having a minimum wage hurts the economy, by increasing the amount of unemployment. Bottomline: people will not take a job that's not worth the work. If there's a low paying job and there are people who are willing to work it -- why prevent that, even if the wage is lower than what some people think is acceptable? Minimum wage is a product of the employment market (much like all other markets). Setting it artificially high just means that companies cannot/will not employ as many people as they would like to. __________________ To succeed in the world it is not enough to be stupid, you must also be well-mannered.