Minimum Wages and Optimum Ages
Coyote Blog has an excellent post on the problem of minimum wage, with specific examples of the consequences of such laws from his business. To me, minimum wage has always been illogical and damaging on the face of it; sort of an “any idiot can see that” kind of thing.
Yet if we’re stuck with it, I can see the logic applied in the last West Wing episode. In that, several Republicans were willing to vote for a higher Federal minimum wage. Why? Because of variations in state minimums, creating potential job flight.
However, that doesn’t do anything for the economic harm done in absolute terms. Which you’ll get a great taste of in the post I linked.
On another note, older people rock as employees. Not so much if they are in a position or on at a time when speed is of the essence, but in general, for their experience and reliability. I was astounded to read that he has some employees who are over 90.
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