Posted on 02/22/2021 5:59:52 AM PST by gaggs
Yep
(Wouldn't that be fairer ?)
ML/NJ
Maybe it should be.
For him, this was not about lifting up the poor or increasing wages for everyone. He saw it as a tool for including and excluding workers based on whether and to what extent the people in question should even be part of the labor pool.
As he plainly says, the purpose of the law is to “regulate the plane of competition” so that “one one could undersell the others by cutting below the established rate.” Workers whose productivity fell below the minimum would simply be excluded from the workforce: “It would be impossible to compel employers to pay the minimum to those whose services were not worth it.”
To him, this is a feature, not a bug.
Why would anyone want such exclusion? Here is where Taussig gets brutal. Some people are simply unemployable, he says, for example “those who are helpless from cases irremediable” due to “old age, infirmity, disabling accident” and also those suffering from “congenital feebleness of body and charters, alcoholism, dissolute living…irretrievable criminals and tramps.”
This class, he opines, “must be stamped out” and should not “be allowed to breed.” Ideally, he says, we should “proceed to chloroform them once for all” but that might have a bad look. Instead, “at least they can be segregated, shut up in refuges and asylums, and prevented from propagating their kind.”
https://www.aier.org/article/minimum-wages-had-a-eugenic-intent/
Stand by for fast food hamburger costing $50.00 maybe $1,000.00 if the min wage goes up.
If Mom and Pop can’t pay their employee the min wage maybe they should learn to code.
But, wouldn’t $100 be more fairerer?
Imagine a career ladder where the first rung is 15 feet up.Otherwise called a "barrier to entry."
increased minimum wage = increased unemployment or increased prices
Exactly! If $15/hr is great for unskilled workers, let’s make it $200/hr and make things truly wonderful!
I’m surprised some of these idiots can breathe without help.
Stand by for $1,000 hamburgers!!!! /sarcasm
Cash under the table will be the norm. It already is in placed with high taxes.
And yet lefties won't connect any of this with riding minimum wage.
My local MacDonald's has exactly these:
I am not seeing an existential crisis by raising the minimum wage. For too long small businesses have been kowtowed to by the GOP and the Chamber of Commerce Cheap Labor express.
Because it doesn't. The two things, automation and the minimum wage, have nothing to do with each other. Automation happens weather the min wage is $1.00 or $100 per hr. If it can be automated it will be automated.
Why stop there? Make it $500 an hour aor more and it will be truly wonderful. Then the recipients should be able to afford that economics/math class they need.
More jobs lost. Bringing back the ghost of FDR.
15 Dollars An Hour Minimum Wage 2021 - loaf of bread: $5
30 Dollars An Hour Minimum Wage 2022 - loaf of bread: $10
60 Dollars An Hour Minimum Wage 2023 - loaf of bread: $20
120 Dollars An Hour Minimum Wage 2024 - loaf of bread: Not Found
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