January 26, 2007
Just Get Rid of It
Posted by scott at January 26, 2007 09:02 AM
Most people are shocked when I say I'm in favor of abolishing the minimum wage laws outright. Since I'm neither an economist, a libertarian, or particularly coherent, my subsequent explanations typically lead to a rather "Zuckerist" response. So I'm glad someone else who is much more qualified has done a bit of the work for me.
He also gets bonus points for the "get off my lawn, punk"-ish tone of his last bullet point.
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I am so damn glad somebody else finally noticed that the reason US citizens won't do jobs that illegal immigrants do, is not because we're lazy; it's because it's illegal, thanks to the minimum wage laws. All minimum wage laws do is force most employers to pay their unskilled staff either minimum wage, or nothing, and only illegal aliens with a lot more to lose by going to the police than by just putting up with sub-minimum wages can be trusted not to shut down their employers for a little extra pocket change.