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Topic | Let's check in on Seattle raising its minimum wage |
Questionmarktarius 04/10/17 2:13:22 PM #44: | AssultTank posted... Questionmarktarius posted...In the end, you really don't need a mandated pricefloor. But, a price floor that's too high has the opposite effect on the very people it's meant to help. As a bad analogy, let's assume that tomatoes now have a minimum price of $5 each. You and everyone else are going to take the time to carefully select only the best tomatoes available, while the rest are left to rot. They may be good tomatoes for the intended purpose, but there's no way you're going to pay that much for a slightly bruised, overripe, undersized, or goofy-looking tomato. Or, you'll smuggle in tomatoes from out of town (illegal immigrants), buy them from a neighbor's backyard garden (pay under-the-table), or just start using bell peppers or tomatillos instead (bad analogy for automation). ... Copied to Clipboard! |
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