- Banned
- #141
If the lack of minimum wages laws is so great why are the 5 states that have no minimum wage laws among our poorest states in the nation, Mississippi, #50, Louisiana #49, Alabama $47, Tennessee #40, and Georgia #38. 9 of the 10 wealthiest states have minimum wage at or higher than the federal minimum wage.Without minimum wage, wages will sink to their economic worth to the business. So if a business can have the same work done in a third world country for $1/hr, it will pay $1/hr or something close to it to US workers. If a living wage is $11/hr, where does the money come from to support that worker and his family?
The idea that wages should float without any government intervention is to put American workers in direct competition with workers in third world countries. The end result would be most everyone would have a job and a government subsidy. It would be a boon for business because in effect government would be subsidizing most of the salary for low income workers.
The old "If the government doesn't fix it we are doomed" argument, how original.
Tell me something, how is McDonald's, KFC, or Pizza Hut, going to move their cooking to those third world countries? Do they have Star Trek transporters? Magic mushrooms? Hypersonic rocket planes?
Hate to tell you this sparky, but NO state in the US has NO minimum wage law. Oh they may not have a state law, but in that case the federal limit applies.