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Reply to "Help me understand the impact of a $15 minimum wage? "
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[quote=Anonymous][quote=Anonymous]I'm curious if those who are against the increase feel there shouldn't be a minimum wage at all? And why or why not?[/quote] There should not be a minimum wage because it is not the proper way to address the underlying problem of someone not being productive enough to earn a living wage. If someone is unable, temporarily or permanently, to increase their productivity, society may decide that this person needs help and provide a safety net. Such a safety net can be provided through welfare programs. A minimum wage is a broad economic distortion that causes people and businesses to make economically inefficient choices. Welfare and direct payments have far fewer of these problems. [/quote]
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