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Old 09-03-2011, 01:31 PM  
Lightning
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Join Date: Feb 2001
Location: Maryland, USA
Posts: 870
Quote:
Originally Posted by FeelMyTube View Post
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.
Did you read this in some text book ?..LOL
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