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In practice, that's how it works, particularly at the lower end of the economic spectrum. If that wasn't the case then the concept of a minimum wage wouldn't be
by rkangel 7y ago
In practice, that's how it works, particularly at the lower end of the economic spectrum. If that wasn't the case then the concept of a minimum wage wouldn't be necessary - the market would take care of it.
Of course, this is a point of view and not everyone agrees with me, but to me it appears that for a chunk of the population the available jobs do not pay well enough to meet a certain standard of living.
- StavrosK 7y ago> it appears that for a chunk of the population the available jobs do not pay well enough to meet a certain standard of living. That is definitely true, but it's also pretty much the exact opposite of "always".