Minimum wage should be abolished

Forums Stocks & Financial Posts Minimum wage should be abolished

  • Post
    trav66
    Participant
    If they keep raising the minimum wage, they should freeze prices.  It doesn’t do any good to pay a slack jawed pot head the same as someone who is an outstanding employee either.  Minimum wage could be $1000 an hour but a gallon of milk would cost $450.
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      Billw
      Participant
      US
      So true. As they increase it the businesses pass the increase onto the consumers. Plus if you pay entry level $15/hr you would have to raise the salaries of your top employees. People end up making more on their paychecks but it is a illusion, they really have not raised their wealth.
      Don't take life so seriously
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      oldsalt
      Participant
      I think minimum wage was created, to be used by politicians,  as a carrot to dangle out there.

      To say cost of living in new york city is the same as in lufkin texas is crazy…  so how can the minimum wage be the same.

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