Quote:
Originally Posted by gideongallery
you do realize that a 100 man hour job that would not be profitable at minimum wage CAN become profitable at $1/hour.
reducing the minimum wage would create jobs in that way.
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Quote:
Originally Posted by GatorB
would YOU work for $1 an hour? no.
Also using YOUR logic you could make the case that a 100 man hour job would be REALLY profitable if you just enslaved people and paid them nothing. So do you advocate slavery?
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if the choice is between earning nothing (unemployeed) and earning $1/hour i would work for $1/hour
that the point eliminating the ARTIFICIAL minimum price point that PREVENTS people from CHOOSING to accept a lower wage is what we are talking about.
Only a world class moron would equate that CHOICE with being FORCED to work for nothing.
Quote:
Originally Posted by GatorB
If you run a business and you can't make a profit paying people minimum wage perhaps you shouldn't be in business and perhaps you should be working for someone who has the intelligence to run a business.
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seriously, are you trying to argue that jobs that could be created at that lower price point, should be forced out of existence completely. Are you so stupid that you don't realize that impossible in the current economic environment
I hate to tell you something moron, there are other parts of the world where a $1US/ hour is a rich man wage
countries where a $1US = 20-30 rupees
the jobs aren't disappearing their going over seas to those countries, and with it all the capital, investment, profits, and TAXES.