The idea of minimum wage is really odd. Free markets should be able to decide without impositions. Those that favor it do not understand how it binds growth. Merit gets crushed. The dollar value gets crushed. Now you have 11 dollars instead of 9 but I’ll pay 20 bucks for something that you could buy for 10.
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oh I think they understand.
the unregulated free market is the perfect mechanism for price discovery. It is the only mechanism for it.
It's all logical and everything.
No social engineering required..
I don't understand what you mean.
In relation to....?
leave the company..
The bad companies will go to to the wall, in favor of good companies that don't abuse employees, and value their staff.
Free markets ensure equilibrium is maintained..
minimum wage was put in place to remove resources from the more intelligent to the less, and thus reducing the quality of a society overall and allowing marxism to take a hold..
And when deflation happens then by your standards, wages should be cut back?.
https://en.m.wikipedia.org/wiki/Deflation#Historical_examples_of_credit_deflation
Then we are at an impasse of perspectives