Comments on: Maximum Sense on the Minimum Wage http://cafehayek.com/2009/08/maximum-sense-on-the-minimum-wage.html where orders emerge Mon, 16 Jan 2012 02:06:33 +0000 hourly 1 http://wordpress.org/?v= By: Anonymous http://cafehayek.com/2009/08/maximum-sense-on-the-minimum-wage.html/comment-page-1#comment-179624 Anonymous Wed, 02 Sep 2009 00:04:00 +0000 http://cafehayek.com/?p=6117#comment-179624 The minimum wage is zero. Minimum wage legislation does nothing more than ban all paid employment below the "minimum wage". Raising the minimum wage just raises the bar that people must achieve to get any employment at all. Well, it also gives automatic pay increases to union member constituents whose pay is indexed to the minimum wage. The minimum wage is zero. Minimum wage legislation does nothing more than ban all paid employment below the “minimum wage”. Raising the minimum wage just raises the bar that people must achieve to get any employment at all.

Well, it also gives automatic pay increases to union member constituents whose pay is indexed to the minimum wage.

]]> By: Gil http://cafehayek.com/2009/08/maximum-sense-on-the-minimum-wage.html/comment-page-1#comment-179481 Gil Tue, 01 Sep 2009 03:45:00 +0000 http://cafehayek.com/?p=6117#comment-179481 Yeah! Workers should be happy enough to be paid in food and clothing they shouldn't need money at all! One of the unintended consequences of ending slavery was the way all the slaves were suddenly unemployed with no means of support. On the other hand, why are the higher-up employees needing big salaries either? That money should be put back into the business for greater reinvestment and profit. The maximum wage should be set at $50,000 and if workers don't like it they can try and start their own business. Yeah! Workers should be happy enough to be paid in food and clothing they shouldn’t need money at all! One of the unintended consequences of ending slavery was the way all the slaves were suddenly unemployed with no means of support.

On the other hand, why are the higher-up employees needing big salaries either? That money should be put back into the business for greater reinvestment and profit. The maximum wage should be set at $50,000 and if workers don’t like it they can try and start their own business.

]]> By: Anonymous http://cafehayek.com/2009/08/maximum-sense-on-the-minimum-wage.html/comment-page-1#comment-179422 Anonymous Mon, 31 Aug 2009 20:29:00 +0000 http://cafehayek.com/?p=6117#comment-179422 Why stop there? Make the minimum wage $1,000,000/hour. Then, we can all be billionaires. Wee! Why stop there? Make the minimum wage $1,000,000/hour. Then, we can all be billionaires. Wee!

]]> By: Anonymous http://cafehayek.com/2009/08/maximum-sense-on-the-minimum-wage.html/comment-page-1#comment-179421 Anonymous Mon, 31 Aug 2009 20:23:00 +0000 http://cafehayek.com/?p=6117#comment-179421 I respect what Stossel is trying to do, but he sounds so...whiney. I respect what Stossel is trying to do, but he sounds so…whiney.

]]> By: The Other Eric http://cafehayek.com/2009/08/maximum-sense-on-the-minimum-wage.html/comment-page-1#comment-179402 The Other Eric Mon, 31 Aug 2009 17:57:00 +0000 http://cafehayek.com/?p=6117#comment-179402 I am beginning the call for the $100-an-hour minimum wage. It will be a boon for all entry-level workers across the economy. I am beginning the call for the $100-an-hour minimum wage. It will be a boon for all entry-level workers across the economy.

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