Thread: Minumum wage
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Old 06-22-2006, 10:04 AM   #22 (permalink)
Gatorade Frost
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Quote:
The only way to make minimum wage = 30k is to have the government also put a wage ceiling on compensation. So not only do we have a "livable" minimum wage that equals the cost of living, we're also dictating what the owner of a business can pay himself.
Can you explain that a little more? I'm not ignoring the rest of your post, I just want to sort out what this means before I comment on it. I don't understand the correlation between why there would be a wage ceiling and why that is required for a minumum wage?
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