1609
Nice try Bernie! (media.patriots.win)
posted ago by sebster ago by sebster +1610 / -1
Comments (58)
sorted by:
You're viewing a single comment thread. View all comments, or full comment thread.
9
MehNahMehNah 9 points ago +9 / -0

I'm with Sweden on this as the US mashes the gas on bad economic policies. Can you imagine at theoretical full employment (unemployment rate below 5% annual) removing the artificial restraints of wages? In a robust economy workers should have enough job opportunities to be able to 'negotiate' i.e. take their labor to a more advantageous work and not chasing some minimum.

Minimum wages puts caps on the kind of jobs that require them and stress the economy as a whole. It will create larger pools of worker classes and more distant gulfs between those groups.