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To: Mad Dawgg

Make your case why cutting minimum wage out of the picture is a good idea...how is it helpful?


142 posted on 02/17/2009 8:42:07 PM PST by nyconse
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To: nyconse
"Make your case why cutting minimum wage out of the picture is a good idea...how is it helpful?"

Because the minimum wage is an unfunded mandate by the Government. They are in essence setting a bottom floor in the labor market. And by doing so they skew costs upward. and thus then business charges more to cover the costs and we are back to square one.

The market is like a body of water, it seeks its own level. Ego you can't raise the water on only one side of the bathtub.

146 posted on 02/17/2009 8:47:14 PM PST by Mad Dawgg ("`Eddies,' said Ford, `in the space-time continuum.' `Ah,' nodded Arthur, `is he? Is he?'")
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