Minimum wage is a disaster

Posted by LibertyPen 10 months, 1 week ago to Economics
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  • Posted by Dobrien 10 months, 1 week ago
    1964 minimum wage was $1.50 that’s three $.50
    Pieces Jan 5, 2024 — At the current silver spot price (as of January 2024), each 1964 Kennedy half is worth $8.63 at a minimum. The fiat currency and inflation is the real enemy.
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  • Posted by LibertyBelle 10 months ago
    But it is necessary to oppose minimum wage on
    principle, not just by proving that, practically, it doesn't work. The proper principle is that people have the right to decide between themselves what work and wages they will agree on, and to not have the government (local, state, or Federal) decide it for them.
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