(July 8, 2014 at 12:59 pm)Natachan Wrote: The minimum wage here in the US is about where the market would set it anyway. In the long term minimum wages don't decrease poverty, they just increase prices across the board. You could invest in education, charitable organizations, and infrastructure projects and fix the poverty problem much more effectively than artificially raising wages across the board.
Since when is minimum wage set by the market? As far as I know there should be a law imposing it. It can be per hour or per month, in my case it's per month, but I can't talk much because our minimum wage of 475€ is a misery.
Whoever fights monsters should see to it that in the process he does not become a monster. And if you gaze long enough into an abyss, the abyss will gaze back into you