Re: Question for Minimum Wagers
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It is pretty obvious that this is not what minimum wage advocates think. What they do think is composed of two things 1) It is a mode of wealth redistribution. Some would argue that negative tax credit would do the same thing, but I think moorobot has made some interesting posts lately that an increased minimum wage might incentivize people to work harder and better 2) Minimum wage workers now don't really have the bargaining power to increase their wage. Obviously in some circumstances market forces will fix this problem, but not always.
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2)
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I am not a minimum wage worker (not even close). I don't really have the bargaining power to increase my wage (If I did, I would use it!). Why shouldn't *I* get a legislated pay increase, too?
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