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This is as unhelpful as saying that “famine comes from lack of food.”Unemployment comes from a lack of jobs.
Really? We have a much higher minimim wage in Australia and don’t have particularly high unemployment. But then I live in a nation where homelessness is rare and people don’t have to work two jobs just to pay rent.Artificially imposed “minimums” cause unemployment and have become part of the neo-socialist wealth redistribution plan. Seattle’s utopians have decided that $15/hour is “fair” - never mind that less are actually hired.
If the agreed upon wage is less than $5, what is the problem?If there were no national minimum wage, some people would try to hire folks to work for less than $5 an hour.
Apparently $0 is preferable to $5, thus the ban on working for $5.YourNameHere:
If the agreed upon wage is less than $5, what is the problem?If there were no national minimum wage, some people would try to hire folks to work for less than $5 an hour.
If a business owner cannot pay for a position, there will be no position available for anyone to work in.FYI – Unemployment is not caused by minimum wages. Unemployment comes from a lack of jobs. Check out the Great Depression.
If that is the agreed upon wage, what is unethical?Business that are paying their workers $5 an hour are being unethical as it is and they know it.
I keep forgetting that this is an American Catholic forum, and not a worldwide forum.Just because you don’t understand basic economics does not equal a conspiracy theory. Read the news. Even your left media can’t hide the fact that the $15 minimum wage cities are losing jobs and getting replaced by robots. If you don’t have the skills or experience to be WORTH $15 to an employer then why do you think you deserve it?