Why are people on ET so against a decent minimum wage

Discussion in 'Economics' started by jwecme, Dec 4, 2007.

  1. WEll Australia must just be lucky then. Healthcare, how many years in a row of sustained economic growth??, low unemployment and all done with a minimum wage, now fancy that!!
     
    #81     Dec 6, 2007
  2. gracias nealvan,

    You are highly entertaining.

    regards
    f9
     
    #82     Dec 6, 2007
  3. Check out a person named "Marketsurfer" and look at his posts.
    You could be twins.

    Merry Christmas!
     
    #83     Dec 6, 2007
  4. Smurfie

    Smurfie

    Oh my .. .the guy has over 10,000 posts. I'll happily take your word for it!

    Happy Christmas to you too /Smurf

    PS: Are you sure you're not just going by the rhyming surf/smurf? :D
     
    #84     Dec 6, 2007
  5. Funny, you seem to be twins with someone in the psych ward
     
    #85     Dec 6, 2007
  6. No it doesn't.

    But that's really the whole point, isn't it? You have to see everything as part of the whole, then you can really understand what the thought process is and where people are really "coming from".

    Nice of you to notice.

    JJ
     
    #86     Dec 6, 2007
  7. There is that large sucking sound coming from the internet again. What is your real name again?
     
    #87     Dec 6, 2007
  8. India is even better than America for American business owners.
     
    #88     Dec 7, 2007
  9. JB3

    JB3

    Having a higher minimum wage could just mean higher cost of living. So if we raise the minimum wage to $10, then it'll just raise gas prices to $5 per gallon (hehe, what's the pikers in good ole England paying now?), and raise other product costs. Passing the cost to the consumers. In the end, England is no better than any other country. Sure, minimum wage can be higher, but also expect the cost of living to rise with it. I think you should look at quality of life instead of minimum wage, but then you wouldn't have much of a case, now would you? Run along.
     
    #89     Dec 7, 2007
  10. Exactly. Let the MARKET set the minimum wage. I would take a gander that it is much lower in this job market than most people would realize.
    Laws and regulation mess with the natural free market.
    In the long run, this is not good.
     
    #90     Dec 8, 2007