Poor People are Lazy and Rich People are Greedy: Minimum Wage Protests Pt.1 - Live Free Live Rich | Small business news; tips; networking

Posted by LivFreeLivRich under Management
From http://www.livefreeliverich.com 3834 days ago
Made Hot by: SJC on May 9, 2014 11:06 pm

A financial/cultural analysis on the minimum wage debate, and then diving a bit deeper to call out some of the psychological behavior that is driving the debate.

Who Voted for this Story

Top BizSugar Users

This week's most active BizSugar users. Join Them!

Comments

Written by lyceum
3832 days ago

The minimum wage is not a valid concept. Who sets the min. level, on what grounds? No answer! How do "they" take the decision, do this? By force.

The true losers of min. wage, is the "poor" people, under the so-called min. level. Let the free market decide. Period.

Please listen to Yaron Brook's answer to this issue:

http://www.peikoff.com/2014/02/17/what-is-a-good-response-to-the-liberal-argument-that-raising-the-minimum-wage-would-get-a-lot-of-people-off-of-government-programs-such-as-food-stamps/

- 1 +