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California / Re: Celebrity chef blasts $50 minimum wage proposal
« Last post by Kamaji on Today at 03:14:16 pm »This garbage is never going to end.
In fact, we have to get rid of “Minimum Wage”.
Period.
It is a PRICE CONTROL - fascist.
Inflation will largely go away with it, as will the ILLEGAL ALIEN PROBLEM since (small) business will no longer feel the need to do stuff under the table. Jobs for illegals will dry up.
A legitimate minimum wage is economically useful because it sets a floor and reduces marginal tit-for-tat bargaining that is not, at the margin, economically useful.