Quote Originally Posted by Bong30
Let the market decide the minimum wage.......

So when all the small companys (mom and pops) go out of bussiness cause you Socialist raised the minimum wage. Dont bitch at me cause all that is left is walmart............

see the Mom and Pops cant adjust as quik...see there is the Long run and the short run...............aah fuck it.
Did you know that socialist societies have significantly higher rates of entrepreneurship?

Market forces are important but they need a nice strong leash on them.
Essentially the rule of thumb is, Pay as little as you can and change as much as you can.

This economic system looks real good under the GDP from of measurement.
Too bad that only takes into account money. I guess that??s why the US likes it so much, it makes your country look good.
I wonder how it would look if economists came up with a more sophisticated formula taking into account environmental pollution/degradation, quality of life and poverty for example. Things that really matter in a society.

In America the top 1% of society has as much wealth as the bottom 90%.
Does any amount or work, investment or intelligence justify making millions of dollars a year?