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> Did you know Norway, Denmark, Sweden, Iceland and Switzerland have no minimum wage at all? That's not true at all for example Switzerlands minimum wage is no
by aplummer 6y ago
> Did you know Norway, Denmark, Sweden, Iceland and Switzerland have no minimum wage at all?
That's not true at all for example Switzerlands minimum wage is not dictated at the federal level but its equivalent to 25 bucks an hour in Geneva. [1].
> There are jobs that are not feasible at certain wage levels.
> It is self evident when you look at it.
That's not self evident at all. People still work at unskilled jobs countries like Switzerland or Australia. How do you think the cleaning and fast food industries work?
[1] https://www.businessinsider.com/switzerland-geneva-introduce-minimum-wage-highest-in-world-2020-10 https://www.businessinsider.com/switzerland-geneva-introduce...
- betwixthewires 6y agoWhere I used to live, they pay this mentally disabled girl at a grocery store to get shopping carts. She would be wholly incapable of doing anything remotely mentally challenging. But with this, she can take some of the burden off her family to care for her, she can have something of her own going on in her life, and she is a human being and I'm sure feels from time to time like she is a burden and gets down about it, so she probably gets some dignity from it. She would probably be out of a job if minimum wage got raised to 15 an hour. She would be priced out of the job market and that job would not be worth paying anyone to perform. You'll notice that when wages are artificially increased, unemployment rises. Which jobs do you think were destroyed? Which workers do you think were let go? It is self evident. When wages are raised by decree, some jobs and some people are priced out of a labor market. Just because there are still low skill jobs and low skilled workers does not mean there was not a reduction in those jobs.