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Reply to "Minimum Wage = Living Wage?"
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[quote=Anonymous]Finally, the last several posts are from informed people who have a basic understanding of economics unlike those who make asinine arguments supporting paying a so called living wage without regard to market forces. We have already seen a massive move in both manufacturing and some service jobs away from the US to less expensive countries. Keep this up and you will see more of the same. Sure the burger flippers will remain here but if someone working at Mickey D makes over $30,000 a year working full time what would the justification be for not paying the more educated and skilled workers more? And as salaries ramp up, we will see increased inflation as well as the shifting of even more jobs overseas.[/quote]
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