The real “minimum wage” is zero.
Ask the geniuses at MIT to determine what the prevailing minimum wage would be without 40 million illegals. Wages have been stagnant since **1974**
Wrong. Minimum wage is anything above zero. Don’t be stupid.
I guess we need a maximum wage and a maximum net profit on all businesses. Then we can get rid of the minimum wage.
“what the prevailing minimum wage would be without 40 million illegals. Wages have been stagnant since **1974**”
Agreed-
The real Minimum Wage is zero - Horseshiiite -
Nobody works for Zero - Slaves would cost you more than “Zero”. The only zero wage labor would be your own under-age family members.
If your “business” can only survive on paying high school kids $10 an hour, better get another business. Not many kids these days, and they sure as shiite won’t work for $10 an hour when they can make 10 times that with an Ebay site, a YouTube Channel, or any of the other Skill/Talent/Creative online work setups.
FWIW - More fighting-age Illegal Men crossed the border than US babies were born.
True. There are many, many people whose labor is worth $0 (or less than $0).
A minimum wage makes it illegal for anyone whose labor is not worth more than the minimum wage to work. If my labor is not worth more than the minimum wage, why would anyone want to hire me?
True. Unpaid internships and volunteer positions.