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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: LindyBill who wrote (577912)5/18/2015 9:56:11 AM
From: D. Long1 Recommendation

Recommended By
Thehammer

  Respond to of 793958
 
It's the same problem the Left has with third-world "exploitative" wages. There's nothing objective about the US minimum wage or what we pay similar workers here. It's not "unfair" to pay someone in a third-world country a lower wage when that is the market price for labor.

We have floating currencies. There is no "objective price." There is no external measure you can point to and say "aha! this is what a currency should be priced at."