Post
Topic
Board Politics & Society
Re: Would killing the minimum wage help?
by
myrkul
on 12/07/2011, 18:15:31 UTC
riiight. because in an economy where workers have too much power, the rumneration scale looks like this

I'll admit I haven't done a lot of study, and it's highly likely GM was run into the ground by a combination of factors.

But one needs only to look at how Kia has revitalized a - I believe Georgia? - town by building a factory, and then look at Detroit, to see the difference. I'll admit that may have as much to do with corporate policy as government, though.

What I do know is that these regulations distort the market, causing one group to be inherently more powerful than the other, and that never works well.