Quote:
Originally Posted by Siduri19
I also would like to know if the American government in part wants to keep a certain percentage of Americans in poverty by not doing something like raising the minimum wage.........
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Before your time, there was a lengthy thread on the mimimum wage. There is an agrument, one that I don't ascribe to, that suggests raising the minimum wage will leave all people currently employed at the minimum wage.......unemployed.
Why?
Because the employer cannot afford to pay such people more than the current $5.15 per hour and, therefore, he would lay them off. If they are not worth $6.65 per hour, then the employer won't pay them $6.65 per hour.
As I mentioned, I don't agree with this theory and it's the subject of another, lengthy, and interesting thread.