11-18-2004, 12:24 PM
whyBish,Nov 16 2004, 11:30 PM Wrote:Minimum wage is inefficient in a high unemployment environment. Person X may get a 'decent' wage, but person Y and Z don't get employed at all.[right][snapback]60330[/snapback][/right]
Would you prefer that persons X, Y and Z all have jobs that don't pay enough for them to live off of?
I don't know how it is in other areas, but around here minimum wage is truly minimum - $5.15 an hour doesn't stretch far.