(...)If there were no minimum wage, however, then producers could hire the unskilled and train them. Those of us old enough to remember gas station attendants who washed car windows also remember that many a young person got their first job pumping gas. They learned important job skills that improved their productivity and let them move on to higher-paying occupations.
The minimum wage increases of the last 50 years have eliminated these and other entry level jobs and kept large number of the unskilled dependent upon government for subsistence.
Aside from the harsh unintended consequences, there is also a principle of individual liberty at stake. If you are willing to pay me for my labor at the rate we agree upon, then why should the government tell me that I cannot sell you my labor? Why should a state or local government be able to tell me that I cannot work because I can't produce $7.25 or $7.40 an hour worth of goods and services? Individual freedom depends on the right to one's own labor.
It's time that we restored one of our fundamental freedoms by ending the minimum wage.
sexta-feira, 2 de setembro de 2011
Combater o desemprego promovendo a liberdade
Grow jobs, repeal the minimum wage, no The Michigan View: