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March 10, 2011 2:10 am at 2:10 am
#796452
popa_bar_abba
Participant
I very strongly suspect the willingness of workers in developing countries to work for far lower wages has a lot more to do with this.
I guess we’ll never know what workers in America are willing to work for.
The minimum wage laws and unions won’t let us find out.
It was a cute scheme in the ’30s to make minimum wage, since the employers needed laborers from America. But with a global economy, it just means the jobs go out of the country.
Maybe minimum wage should only apply to jobs that can’t be exported.