Abolish the Federal Minimum Wage

submitted by allgirl from finance.yahoo.com

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[–]Jiminy 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Yeah raising pay for low iq people just causes inflation so they really don't get a raise. Those jobs are all going away for AI tho.

[–]HiddenFox 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

You want a minimum wage even if you make above that mark. With out it you start a race to the bottom and in the end it will drag down the wages of everyone. There will always be some moron willing to do the work for .10c less and another after him and another after him.

Minimum wage should be tied to inflation lagging a year behind.