BMaker11 said:
Do you not understand the premise of "what's the point in going to school, developing skills, etc if I can just flip burgers and make the same money"? That's what people mean by "less productivity". It's one thing to have minimum wage and people still work because they need money. It's another thing to have minimum wage so high that there's no incentive to do other jobs. No incentive to become educated. No incentive to develop an array of skills. No incentive "think outside of the box", because you can just be a good for nothing and still be "good enough" to make great money. That's what "less productivity" means. It's one reason everyone hates communism (I am not saying that raising the minimum wage is communist). Because "what's the point of getting this highly skilled job, that takes years of work to obtain....when I can get this low skilled job that pays the same?" |
SAME MONEY? who said SAME MONEY?
Even if fast food restaurants earned 15 dollars a month THEY'LL STILL EARN much less than somebody working as a Physician.
No incentive to do other jobs? Says who? Again AS I SAID in the 1950's did it stop people from being Productive just because they were able to earn enough money to become independent and feed a family of 3? NO! they still strived to be better.
You're going on the assumption that HIGHER minimum = less productivity which isn't true, many people strive for much more. Did this stop people from being less productive in the 1950's and 60's? no, people still STRIVED for more. Except the standards for the MINIMUM wage earners was higher instead it's becoming lower.
In fact having a higher MINIMUM can also INCREASE productivity studies have shown this.







