|
And just how are you going to do the second option? You can't make employers pay more than they can afford. Sounds like you are advocating eliminating a large number of those jobs, thus letting the low wage earners compete for the ones that are left. Not too compassionate, that is even more Darwinian than eliminating the minimum wage altogether.
And those that are left in the workplace get to pay more for the goods and services they pay for, because the cost of producing goods and services will rise at about the same level as the wages.
(At this point, I should say that I'm advancing some of these positions for the sake of discussion; for example, I do NOT favor total elimination of minimum wage.)
|