RE: Help with a Minimum Wage Model

From: Rafal Smigrodzki (rafal@smigrodzki.org)
Date: Wed Apr 16 2003 - 12:36:28 MDT

  • Next message: Rafal Smigrodzki: "RE: Help with a Minimum Wage Model"

    randy wrote:
    > On Mon, 7 Apr 2003 14:22:31 -0500, you wrote:
    >
    >>> (Charles Hixson <charleshixsn@earthlink.net>):
    >>>
    >>> I did a few spreadsheet calculations, involving the current minimum
    >>> wage, the hours in a week, and the cost of rent in substandard
    >>> housing in the area where I live. Working full time at minimum
    >>> wage, and without counting taxes or any other expenses (e.g., food,
    >>> clothes, etc.) a persons would end up with less than $7 per day
    >>> after paying their rent. (I forget how much less, and I made
    >>> several optomistic assumptions.)
    >>
    >> Why do we think it's somehow "right" to forbid contracts for pay
    >> that's not sufficient for living alone?
    >
    > Umm....because those poor people might get mad and riot and destroy
    > property and shut down commerce....just like they did back in the 20's
    > and 30's...which is how we got our labor laws in the first place?

    ### Blind lashing out, followed by useless laws. The usual effect of lack of
    understanding.

    Rafal



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