3 ms·

Oh really. Then tell me, what's the history of the minimum wage, adjusted for inflation, compared to cost of living?

• ETH_start 2y ago
  The minimum wage is a government imposed price floor, not an average wage.
  • bovermyer 2y ago
    Defend that.
    • ETH_start 2y ago
      I was simply explaining why wages rise automatically, not making any comment on government price floors. But since you ask: there should be no government price floors or caps. The price paid should be based on mutually voluntary agreements.