 85242 |
 35212 |
|
|
||
|
|
|||||||
| Welcome to the Exploding Garrmondo Weiner Interactive Swiss Army Penis. |
|
GFF is a community of gaming and music enthusiasts. We have a team of dedicated moderators, constant member-organized activities, and plenty of custom features, including our unique journal system. If this is your first visit, be sure to check out the FAQ or our GFWiki. You will have to register before you can post. Membership is completely free (and gets rid of the pesky advertisement unit underneath this message).
|
 |
|
|
Thread Tools |
 Member 20147 Level 17.46 Feb 2007 
|
I don't think that you can completely say that minimum wage is necessarily good or bad. If we were to completely eliminate the minimum wage, then we would be reverted back to the Gilded Age where corporations ruled and all union strikes (the most known was the Haymarket Affair) were controlled by private police.
What Reich said about the cost of minimum wage being diverted to the customers would actually reverse what he wanted minimum wage to do in the first place. Raises minimum wage and then raising product price would cause inflation which would make the wage increase in essence moot. (Some of my logic may be flawed, I' only in AP Economics) Jam it back in, in the dark. |
The_Melomane