NoEconomist
Member
Hello all
I was just wondering what the various arguments there are for and against a Maximum Wage in the US
(Lets say...No employee may receive ANY form of compensation more them twenty times their lowest paid employee. No consultant may receive more then 10% of the annual pay of the highest paid employee of any company in a one year period.)
I know it would be like trying to castrate a tiger on steroids with a butter knife and an oven mit but from what I have read this is how FDR was able to almost single handedly create the middle class following the Great Depression...
I was just wondering what the various arguments there are for and against a Maximum Wage in the US
(Lets say...No employee may receive ANY form of compensation more them twenty times their lowest paid employee. No consultant may receive more then 10% of the annual pay of the highest paid employee of any company in a one year period.)
I know it would be like trying to castrate a tiger on steroids with a butter knife and an oven mit but from what I have read this is how FDR was able to almost single handedly create the middle class following the Great Depression...