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Economy
The Problem of Minimum Wage
2017-02-11
...As I’ve said before, economics is a science. Trying to legislate it makes as much sense as legislating the law of gravity or the rate of rain fall. It might make you feel good, but it doesn’t work that way.

The way it works is by seeking other channels, which include being paid "under the table", forcing other employees to work unpaid hours (trust me, it can be done, particularly in a bad economy) and firing the dead weight, and ... hiring illegal labor.

The US doesn’t have an illegal immigration problem. The US has a minimum wage problem.
Posted by:g(r)omgoru

#2  And then, as unemployment continues to rise, Capitalism is to blame, never government polices.
Posted by: Spineper Hupavilet9492   2017-02-11 20:21  

#1  Just as employers who knowingly hire illegals to work should be hammered by the law, so should employers who force employees to work off the books for unpaid hours. A man's labor is his one source to barter and sell for his livelihood and existence. To steal that time is all but slavery.

Just as we expect judges to stay to the written law in their actions, employers need to be held to the written law whether they like it or not.
Posted by: Procopius2k   2017-02-11 08:51  

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