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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (206541)10/14/2004 3:40:10 PM
From: SilentZ  Read Replies (2) | Respond to of 1574059
 
> thought about a more extreme hypothetical, like what would happen if you simply eliminated the minimum wage. The answer I came to was that employment would not increase all that much, given that very few people would be willing to work at, say, $3/hour.

Maybe, maybe not... Grapes of Wrath, man...

>In other words, the free market is king.

Once again, corporations can much, much more effectively take advantage of the free market than people can.

>And we haven't even discussed the impact of open borders and illegal immigration, which IMO is doing a lot to counteract the "benefits" of California's higher minimum wage set by former Gov. Gray Davis.

Well, I'm Pat Buchanan on that issue...

-Z