Comment 36613

By A Smith (anonymous) | Posted December 28, 2009 at 16:53:53

Grassroots >> How do you figure people would be better off if minimum wage was dropped? Do you promote slavery?

I'll try this one more time. Make sure you read my comment several times before you respond...

The reason why people would be better off without the minimum wage is because the minimum wage does NOTHING to force employers to hire people at $9.50/hour. Do you understand? All the minimum wage does is guarantee the wage level IF a job is offered, it doesn't actually force employers to hire people.

Therefore, if a person WANTED to work for a company for $8.00/hour rather than go on welfare, the government wouldn't allow them to. The minimum wage in this case takes away a person's freedom to make $8.00/hour * 40/week * 4 weeks a month = $1,280/month and instead forces them to take a welfare payment of less than half that dollar figure. Furthermore, when people work they build skills that increase the value of their future earnings potential.

That's how people would be better off without the minimum wage. Unless you don't think that earning 1,280/month and developing work skills is better than a welfare cheque of around $550 month and learning nothing. Is that what you believe? Yes or no?

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