4 ms·
So by keeping minimum wage below the poverty line, not only are we not realizing efficiencies the market could be providing, but we're also subsidizing the lack
by freehunter 7y ago
So by keeping minimum wage below the poverty line, not only are we not realizing efficiencies the market could be providing, but we're also subsidizing the lack of market efficiency in social welfare benefits. All while the companies increase their profits on the backs of every taxpayer who subsidizes the employees those companies are not paying appropriately.
If replacing humans with robots is so easy, we should do it. We're already giving those humans taxpayer money to survive anyway. It's not like we're saving money with the current system, we're just funneling taxpayer money straight into the pockets of Walmart, McDonalds, etc.
- deleted 7y ago[deleted]