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Old 01-14-2007, 01:50 AM
hmkpoker hmkpoker is offline
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Join Date: Jan 2005
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Default Re: 100 Hours of....Corruption

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Well, yeah. I've said before that the number of jobs available probably goes down when you increase the Minimum Wage. My point has always been that the increased wage for those who keep their jobs vastly outweighs the lost wage of those who lose their jobs and can't find new ones.

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Iron-

Care to provide your reasoning? If a minimum wage kicks out the less productive and redistributes their earning opportunities to the more productive, it must be creating an income gap (albeit between the poor and poorer). Seems like if you believe in diminishing marginal utility, the best thing would be to stop protecting the more productive so that the poorer can have more work opportunity.
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