Quote:
Originally Posted by FeelMyTube
Yes it would. This is textbook microeconomics (taught in evey MBA / business class).
There's always someone willing to work for $1 less than minimum wage (the alternative is unemplyment).
Minimum wage benefits those who get it at the expense of the employees that would be willing to work for less and can't find work and the employers that need cheaper labor but cannot hire at less than minimum wage.
|
LOL. There are people willing to work for food.