victor809 wrote:Wage controls in this case might hurt the working poor more than those evil corporations.
Remember, for a lot of this work, the working poor need that job a lot more than the employer really needs a worker. You make it too expensive, they may walk away.
Think of labor as a good... By fixing the minimum wage, the government is setting a minimum price that good, regardless of quality. Imagine if the government set a minimum price for all cigars of 15$ each. Do you think people would buy any fighting c%cks?
More money for the working "might" hurt them is a bit of a weak argument.
Are you floating the idea that companies like Walmart would simply pass on the the US retail market because their goods cost a small bit more - as would their competition? I don't think so....
And we are not talking about the govmut fixing the price of good in general, or them taking you guns. It's not even good post misdirection. You'er steering away from the issue....
But let's crawl on the "what if train". The Guvmut ends minimum wage, banking regulations, zoning laws, labor rights of any kind - Hell, we'd all be rich right? And no one would be poor - at least on one to speak of.....