(November 6, 2014 at 8:11 pm)Heywood Wrote: A minimum wage which is lower than prevailing market wages will have little or no adverse effects. If the economy in a country is particularly good, it is possible that full employment will exist despite the existence of a minimum wage. Your error is thinking a minimum wage has no effect or only positive effects when there are adverse effects as well.
Your error is presuming to know what I am thinking. Most things come with a cost and a benefit; it's the job of a rational person to be able to analyze those and select those options that present the highest benefit for the lowest cost. On the minimum wage question, I find that the cost in government dependency and poverty does not outweigh the benefit of having a lower or non-existent minimum wage.
Additionally, I see no response to the meat of my post, regarding your poorly structured reductio ad absurdum above; I take it this means you accept that it was a strawman?
"YOU take the hard look in the mirror. You are everything that is wrong with this world. The only thing important to you, is you." - ronedee
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Want to see more of my writing? Check out my (safe for work!) site, Unprotected Sects!
