2 ms·
It shuts someone from a 10 dollar job that doesn't exist. But it doesn't shut people out of the labor market. Removing the floor creates a new cheap labor mar
by wolco2 6y ago
It shuts someone from a 10 dollar job that doesn't exist. But it doesn't shut people out of the labor market.
Removing the floor creates a new cheap labor market where Americans are shut out because they can't afford to live in that wage group. That's why the cost of living should be connected to min wage.
Take vegetable picking as an example. No one will pay an American min wage so they can't fill those jobs. They want 3 dollars an hour workers. No American can afford to live on that so they are shut out of those jobs. They import temp workers who can convert $3 American to $20.00 their currency and can live a higher standard of living to their peers.
Removing the floor killed thousand of American jobs. Why would we import it to other industries?