Must be wonderful

alright guys it's about 11:30 pm my time

might as well log off

Most people don't end up doing that

take care, have a good night

look at what happened at foxcon

Same I got an exam in the morning

According to that logic, before minimum wage, everybody would have worked for cents.

But that was not the case.

workers were jumping off the building and committing suicide because foxcon would not pay liveable wages

All unskilled people did

to be fair, they probably did

5 dollars used to be a lot

This is true too

lol, the initial minimum wage was 25 cents

There is still a market value.

That's more of a labor law issue

"On this day in 1938, a federal minimum wage went into effect under the Fair Labor Standards Act. Congress initially set the wage at 25 cents an hour"

My market value is zero because I have no skills

If the actual market value of the work is $10 and you were forced to pay them $20, you would also have fewer of those unskilled workers employed

And then, they have no job.

Guess I deserve to starve because profit

Many people who are unskilled get their skills by being employed in the first place.

By eliminating someone's worst option, they do not end better off.

But being employed for 10 cents

Wonderful

They just end up without that option.

Love it

Needed a job

All there was

it's the flooding of the market with infinite unskilled labor from the entire world that cannot be sustained

Love it

Wish I had food on the table

You are just spamming now.

You understand that people were able to sustain themselves before minimum wage, right?

Yeah, but today that would be impossible

Because a minimum wage was implemented

the entire sectors of both low and unskilled labor get flooded and unable to handle the influx of people

So the reason we can't get rid of minimum wage is because we have a minimum wage?

Yes

the addition of a class of people that are exempt from minimal wage (because they aren't citizens) though makes legal hiring of citizens a negative