Discussion in 'Economics' started by noob_trad3r, Aug 6, 2012.
What would be the salaries paid by Walmart etc..?
If the moon fell out of its orbit, would I get a better prize in a crackerjack box?
Answer to both questions: unknown
Probably wouldn't be all that much different, unless we accepted a dramatic downgrade in minimum housing standards.
Or put another way - incomes couldn't be driven down unless housing costs also came down in similar fashion.
Most places from what I have seen pay higher than the Federal minimum.
If minimum wage law was repealed, would fast food pay 1 buck an hour?
But, if everyone was on a level playing field in the USA, then there should be no minimum wage. The market should be the decider, not Little George W. Bush or some other dumbass bureaucrat.
But, it ain't that way.
Everything is tilted for the rich.
A seven year old boy in my neighborhood comes around and blows my drive way off for a dollar.
Separate names with a comma.