Aielyn on 06 February 2013
| thranx said: Yes there is, and when the government disrupts that it makes it impossible to achieve. some jobs have a lower requirements to work, are easier to do, and require less education. forcing companies to pay everyone the same means everyone better work the same, or those that dont will loose jobs. raising the minimun wage hurts those who lack education, drive, and experience more than anyone else. As they are priced out of the job market. |
It doesn't force companies to pay everyone the same. It forces companies to pay at least a certain amount. And the amount required certainly isn't particularly burdensome.
If people lack education, that's a failing of your system. If people lack drive, it's their own damn problem. Experience is a different matter, of course, but then, minimum wage jobs shouldn't require any particular amount of experience - after all, experience should increase your perceived value.
The government isn't disrupting anything. It's setting restrictions on the "game" - I use that term in the sense of "game theory", which is very applicable to economics. Otherwise, the game ends up greatly favouring a non-optimal result, just as occurs in the Prisoner's Dilemma.
