Federal minimum wage is unconstitutional

[UncleScrooge]

Kasz216 said:

mrstickball said:

Curious question:

Why is the GINI coefficient so low, and income so high in the one western country that doesn't have a federal minimum wage?

I'll let you guess which country it is. The results may surprise you

I would guess Denmark because they have a population that is practically all trained for very specific skillset... as such is easy for them to lose jobs, regain jobs and the rest... and also have lots of unions that well, work good instead of like US unions.

Not sure what their gini coefficent is, but Denmark tends to serve as the model of a europeon country now a days that all the other countries try and copy but usually can't because they are too big and to diverse.

 

"Average" minimium wage in Denmark is like... $18 US.

Really Denmark is an intriguing combination of extreme socialism mixed with extreme capitalism, rather then the half hearted compromises that usually exist.

Doesn't ever seem to work on a larger scale though.

Well he said "federal" and there are several european countries without a federal minimum wage. Denmark doesn't have minimum wages but they have stronger wage agreements than Germany if I remember correctly. So Denmark isn't the "only" country to have it (Italy and Norway don't have minimum wages either).