22-05-2009, 16:58
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#81
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Senior Member
Join Date: Aug 2006
Location: Georgia, U.S.A.
Posts: 636
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Rep Power: 49
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Re: Council again..
Quote:
Originally Posted by entwisi
Posted via Mobile Device
There is also the argument that by setting a minimum wage yoyu give a target for employers to price down to. To quote G Jones its a race to the bottom.
Without a min wage some people would probably be better paid. As it is the companys are effectively mandated that its ok to pay so little.
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Couldn't agree more. Wages are a function of the free market, not government mandates. No matter where I worked, I made a point of making myself invaluable to my employer and was always rewarded for my efforts. Government mandates most often result in layoffs.
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