Quote:
Originally Posted by Poppinjay
I've never understood the conservative minimum wage/market philosophy.
Privatize everything, let the market determine the best provider of X.
Don't raise the minimum wage, the provider will just fire workers to maintain profitability.
So we should trust the market to provide, but be wary that if they have to pay the janitor another 75 cents, they will fire him instead of reducing the CEO's salary from $20,000,000 to $19,999,925. That's business ethics for you.
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You won't find many people making minimum wage in companies where the CEO is making $20 million or wages in that range. In large corporations where a person starts at minimum wage it is unusual that they would stay at minimum wage for very long. Where you find minimum wage employees are in small businesses. So, why not answer the questions I presented, what would you do?
Also, why do you assume that people are not smart enough to realize that if they have marketable job skills and experience that they can change employers if their current employer is not paying them a fair market wage? Gee, when I insult people I know when I am doing it. But, I guess it is the assumption that people are too dumb to get a fair wage that causes some to think that big government has to come to the rescue.