Minimum Wage

Let’s have a conversation based on reason about the concept of the Minimum Wage.

I’m totally against the concept of having a minimum wage, based on moral principles. I do not see a role for the government in a deal between an employer and an employee.

Then, I can also argue, based on my many travels abroad, that a minimum wage is not good for work morale.

I have traveled half the globe, and have been a guest in many countries without a minimum wage. I have witnessed poverty in these countries, but also the opportunity for all citizens to get a low-paying job, to start a career.

Many Leftist politicians want to raise the minimum wage. If the government raises the minimum wage, then employers will employ less personnel for easy tasks.

As always, the solutions that the Left offers for economic problems, are worse than the problems themselves.

©2024. Matthys van Raalten. All rights reserved.

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