> "Rather tough on those whose energy and skills do not warrant employing them at that rate. The alternative for borderline businesses is to find ways of not employing anyone at all."
That's the dirty little secret that no one wants to talk about when it comes to the minimum wage. Especially in discussions where everyone is compelled to make feel-good arguments in support of stuff, without thinking of the long-term consequences.
Sure, we'd all like it if all people could live comfortably, and it is a noble goal. But the minimum wage is not the way to do it.
Sure, we'd all like it if all people could live comfortably, and it is a noble goal. But the minimum wage is not the way to do it.