Forum Post: Get Rid of the Minimum Wage Law...
Posted 11 years ago on June 19, 2012, 7:34 a.m. EST by commonsensefolks
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This content is user submitted and not an official statement
It's a detriment to society and raises unemployment:
http://www.youtube.com/watch?feature=player_embedded&v=ca8Z__o52sk
Or just end the fed and create a monetary policy and tax system that works for the middle class instead of the 1% and the big banks.
CEO's are bleeding this country dry. Instead of lowering minimum wage, let's lower maximum wage which is currently set at unlimited.
Thank you.
graduated income tax would create a soft cap
in that those that make more money would still have more money after taxes
then those who don't make more money
The current minimum wage $7.25 an hour, put in effect in 2007, is now equivalent to $6.54 due to inflation. In another three years it will be worth less than $6 an hour. In fact all of our wages buying power is declining. You need to ask for a wage increase just to keep up with inflation. The company you work for has raised their prices because of inflation. Why haven't they raised your pay too?
So the real minimum wage as well as other wages continue to fall. Why isn't unemployment also falling? .
you just want to hire a hooker for 25 cents then expect change
it's called private contracting
Forbes tells me to deliver newspapers to 600 houses
I can't do that in 6 hours
but since they pay me as an "independent contractor
they're willing to let me take 8 and make less than minimum
,
the government penalized my unemployment benefits for not taking a job that payed less than minimum wage
Is that the extent of your economics background, one Milton Friedman youtube video? You guys should form a club, the intellectual midgets of America.