What are your thoughts about the minimum wage? Is it a job killer or a way of ensuring companies pay their workers fair wages and what do you think about its effects on employment?
Minimum wage must not exist. Is a way of price controls and price controls never work.
There might be a problem if minimum wage is under the minimum needed to survive and the state has to pay to keep the workers well.
If we follow the economical logic here, if there is very high unemployement, some people will agree to work in very bad conditions and for a wage not even allowing them to pay a rent. Should all people compete at this level ? A minimum wage should be at least capable to allow everybody a decent living.