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Ghost
 Member 4460 Level 13.04 Apr 2006 |
Ok, here's a good question. If raising the minimum wages reduces the number of jobs (which it does) and hurts the poor, what should governments do? You have that money you wanted to plough into helping the poor, where should you put?
I'm sure an economist would say put the money into education, but unfortunately, you gotta give something to keep people at the bottom of the ladder going as inflation chugs along. Do you help them pay off some of their bills (healthcare?) so in a way you're giving them a raise, but still making them cheap to employ? Jam it back in, in the dark. |
How Unfortunate