Disspelling Minimum Wage Myth.

Interesting question Hachfusa, I would say that abolishing the minimum wage would disparage even more people than it has already at the current rate in many states. It would also give Corporate America MUCH more power in terms of labour production and control...

Jam it back in, in the dark.

Originally Posted by RABicle

Instead of them sitting on it, the economy could be doing much better if a lot of that money was int he hands of the working class,w ho would immediately spend it.

Well, I guess in the consumer perspective, having more more money to spend on the economy would increase the economy to a certain extent. I think the biggest problem right now is the lack of equilibrium between the average worker , and the large profits many businesses (especially national and international) make. Things have been so developed and interlaced that it is difficult to make changes without upsetting something. Which probably explains why the government tries to avoid touching anything... Its like a china shop where if you aren't careful, something could break.

There's nowhere I can't reach.