Archived posting to the Leica Users Group, 2010/11/21

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Subject: [Leica] Minimum wage
From: chris at chriscrawfordphoto.com (Chris Crawford)
Date: Mon, 22 Nov 2010 02:24:23 -0500

The minimum wage is already anywhere from half to 1/4 the real cost of
living (depending on what part of the country you are in). Its disgustingly
low rate is a cause of poverty, lowering it will make things much worse.


-- 
Chris Crawford
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On 11/21/10 11:05 PM, "Douglas Nygren" <dnygr at cshore.com> wrote:

> Do I understand the argument correctly that things will get better for
> the middle class if we lower the minimum wage?
> 
> One might as well argue that people will be more prosperous if we pay
> them less.
> 
> Seems like a good formula for deflation.
> 
> doug
> 
> 
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In reply to: Message from dnygr at cshore.com (Douglas Nygren) ([Leica] Minimum wage)