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two party system is a scam
(lemmy.ca)
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this post was submitted on 23 Feb 2024
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If company can't pay it's workers a living wage, that company shouldn't exist.
Indeed. That's exactly what will happen. And then people whose wage level is below the minimum wage will be unemployed.
Ah, got it, so all our problems are the fault of those pesky workers wanting to afford to survive, and not those who refuse to function unless they're exploiting others..
Makes perfect sense, "economist".. ๐๐
And should be given welfare check.
Or UBI as we seemed to agree on other part of the thread. Either of these are better solutions than minimum wage.
Minimum wage works. Here is an article from the german newspaper FAZ (leans economically right) that presents a study that shows the low income sector has shrunk since the implementation of minimum wages.
Germany before had one of the biggest low income sectors in the western world.
And no, the unemployment rate did not skyrocket. In fact, Germany is as close to full employment as it gets.
Good counterpoint, thanks for that.