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RE: How Can A Human Justify Asking To Be Paid $15 To Work?

in #technology7 years ago

"Raising the minimum wage only hurts those on the bottom rungs of the economic ladder"

I think this is the point that most MW advocates simply ignore or don't understand. Labour has a price like anything else, and if you price it too high, as you say - you are removing the bottom rungs out from the Economic Ladder. I mean, why would an employer hire an immature, 16 yr old high school kid when he could hire a relatively mature 26 yr old college grad w/ life and work experience for the same price? There's just no comparison. You obviously get way more bang for your buck w/ the latter.