3 ms·
In a free market without minimum salary, it would be difficult for people living alone and having kids (so they have to pay rent and for kindergarten or school)
by codedokode 8y ago
In a free market without minimum salary, it would be difficult for people living alone and having kids (so they have to pay rent and for kindergarten or school), to compete with someone living with parents (and not paying any rent) or with immigrants living 8 people in a room.
- ttoinou 8y agoAnd of course, in minimum wage societies money, resource, wealth just fall from the sky and all the people you described have kids, nannies, multiple houses just like that. We should just ban poverty it will solve everything
- codedokode 8y agoResources, houses and other nice things are created by people who work. It is not like everyone stops working after setting minimum wage. Business owners might get little less profit, but somehow I don't feel sorry for them.
- ttoinou 8y agoYou example was rather extreme so le met take an extreme example : put the minimum wage at 1 million USD / month. What happens ? but somehow I don't feel sorry for them Of course you don't. But do you for people who weren't able to work because of the minimum wage law and its enforcement ?