this is a joke LOL

so a person with high value will make more money then someone without

Wages go by demand, but there is a higher demand for skilled workers

as there is not much of a supply either for them

so the wages are high

Yeah but still

its mostly based on skill

yeah you're right

ye the demand is caused by skill

and the high skill means not alot of supply

of that worker

Paying someone $15 to flip burgers is stupid

ye theres a huge supply of people wanting that

hence wages are so low

absolutely

I disagree Kylo, I think anyone who works for 8 hours a day should have enough money to put a roof over their head

here are some studies however

Neco well you won't

since you'll create unemployment

and faster automation

yeah well I think all the people who got replaced by robots disagree

Automation is a seperate issue

because the push for $15 had a big hand in causing that

https://media4.manhattan-institute.org/pdf/ib_36.pdf
https://sf.eater.com/2017/1/3/14154844/aq-closing-san-francisco
https://www.cbo.gov/publication/44995#section2

Automation is caused by such

You're still ddenying the laws of physics

I'll refer to the laws of economics as the laws of physics

so you see the irrationality you're going off

Lol

http://www.aei.org/publication/seattles-new-minimum-wage-law-takes-effect-april-1-but-is-already-leading-to-restaurant-closings-and-job-losses/

Some studies here

the main point is the supply and demand causes these wages

Infact I believe a minimum wage should be exactly:

$0.00

Even if the wage increases everything inflates with it. Gotta pay those other $15/hr wages too y'know.

Oh and inflation

yes

See if we didn't have this government intervention of printing money, regulations/taxations that cause inflation

and was on the gold standard

we would have deflation

☝