When it comes to employees making a contract with an employer in the field of minimum wage jobs, the employees have no bargaining power. There will always be someone willing to work for less.
Ideologically, yes, your argument is sound. But I'm begging you to think through what would actually happen with no minimum wage. In reality, it would absolutely destroy the standard of living for unskilled work as there's a race to the bottom on wages.
Businesses only hire enough employees to satisfy the demand for products and services. Eliminating minimum wage won't create nearly as many jobs as you think, and instead, would merely result minimum wage earners losing their homes while they are forced to agree to work for $2 instead of losing the job entirely to someone who will.
Ideologically, yes, your argument is sound. But I'm begging you to think through what would actually happen with no minimum wage. In reality, it would absolutely destroy the standard of living for unskilled work as there's a race to the bottom on wages.
Businesses only hire enough employees to satisfy the demand for products and services. Eliminating minimum wage won't create nearly as many jobs as you think, and instead, would merely result minimum wage earners losing their homes while they are forced to agree to work for $2 instead of losing the job entirely to someone who will.
It's downright exploitive.