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Originally Posted by flstf
If the government is going to control wages by enforcing a minimum wage rate I wonder why they set the number below the poverty level. Why not make the minimum wage something that people can live on like $15 an hour or so and since we are in the wage control business why not set the maximum wage as well? Maybe something like the highest paid person in a company cannot make more than 100 times the lowest. Executives would be scrambling to raise the lowest wages. 
I also wonder why Arnold decided to balance the budget by lowering the wages of the lowest paid workers instead of lowering the wages of the highest paid? |
because it's easier to steal a buck from 10,1000 people (who have no power) than 100 bucks from 10 people who have power and a voice right in the rooms where these plans are made.
nobody will ever see limits on how much anyone can make in America, never happen.
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Now, we need to find a balance between the 2 or we will become a third world nation and if we become a third world nation, so goes all of the world and we enter a whole new feudal society/dark ages.
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I'm going to take a pass on this hyperbolic slippery slope.
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is a hyperbolic slope any nicer ride than a real slippery slope ? imho, we are in reality on that slope. as far as CEO's and other PTB's are concerned, human rank and file are cattle. if we run short of American cattle there's plenty of Mexican cattle and they breed faster and work pretty hard too.