Because people at the very bottom of the income scale have little leverage
Why is that? Because they tend not to have developed skills that employers need?
and I belive there is a bare minimum labor compensation where a line must be drawn.
Your personal beliefs should only apply to you in any society where you aren't the dictator.
It's the same reason we have usury or slavery prohibition laws.
Slavery isn't a voluntary transaction and there should not be usory laws in a nation that values freedom.
It's just not right, even is someone is willing to enter such agreement.
Many people believe abortion is just not right. Should the government stop abortions?
Dictator? Wtf? You support a cause, you win elections and you put in place laws. No dictatorship in sight.
Want to get rid of minimum wage? No problem, go get a party to adopt that platform and win some elections. Thats how our representative democracy works.
Well that's why we are arguing it here. We're trying to educate people (the ones willing to learn and listen to the other side) that the minimum wage has never had a positive impact, and consistently has a negative impact every single time that it has been implemented.
You do realize that just 100 years ago, everyone understood that the minimum wage eliminated jobs. In the first use of the minimum wage was specifically to eliminate jobs for Asians. It was an openly racists policy, designed to keep Asians out of the work force.
Asian would come here, and take job at a lower wage than White Americans, and the UNIONS specifically, didn't like that. So they put in place the minimum wage, which would eliminate Asian jobs.
Why is it that things that were common sense and obvious in the past, today people are blind stupid and ignorant about?
If the minimum wage has no negative impact... then why not make the minimum wage $200,000 a year?
If there is no negative impact, then let's all get CEO wages.
Of course that's ridiculous, and impossible. But at low end, for some stupid reason, people just think it magically has no impact.
When NYC raised their minimum wage, jobs disappeared.
To paraphrase Thomas Sowell: Many New York politicians and minimum wage proponents who have never run one business for one day are nevertheless confident that they know exactly how much business owners should be mandated to pay car wash workers—a minimum of $15 an hour. Despite their professed...
fee.org
Well documented. Minimum wage drives out jobs. It's a fact. Same was shown in Seattle.
The city adopted a $15 minimum wage four years ago. Here’s what happened.
www.vox.com
Not all of them were good. They found that the policy “reduced hours worked in low-wage jobs by 6-7 percent, while hourly wages in such jobs increased by 3 percent ... consequently, total payroll for such jobs decreased.” That means the total amount that employers paid to workers was less with the new minimum wage in place than projected payroll if the policy hadn’t gone into effect.
There is no example where people raised the minimum wage, and had a result of prosperity. Never. Never happened. There is no country where that worked.
Again, if that worked, we'd all raise the minimum wage to $100/hour, and all be wealthy. We don't do that, because it doesn't work, and never has.