Dear Starchild;
By defining what the job must pay the employer is put in the
position of deciding if the job will be offered at that pay. It is a
restriction on the jobs being offered. What has to be paid is
irrelevant.
An employer to get around the minimum wage could cut back the hours.
The hours worked would be equal to the old rate of $6.75/hour. So an
employee could end up working 32 hours a week or 400 hours less a
year. The pay would be equal to what was required. The hours would
be 400 less a year and no gain in income for the employee.
It is thus, therefore and ergo a job restriction law. It restricts
an employer from offering a job at what could have been competitive
market rates.
Ron Getty
SF Libertarian
--- In lpsf-discuss@yahoogroups.com, Starchild <sfdreamer@e...>
wrote:
Ron,
I agree that loss of jobs is the consequence of these laws.
But what
do the laws actually say? They don't say that employers cannot
offer
certain jobs, only that jobs cannot be offered at certain wages.
Therefore they are restrictions on wages, not on jobs, and "wage
restriction laws" is a more accurate description. Just my opinion,
of
course.
Yours in liberty,
<<< Starchild >>>
> Dear Starchild;
>
> After thinking about it the real title should really be " job
> restriction laws ". There is no doubt it restricts the market
place of
> jobs for the working poor and limits their choices in getting a
job.
> The very people the supposed " minimum wage " laws were meant to
help.
> As Professor Galles so ably pointed out in his Open Forum
article.
>
> Ron Getty
> SF Libertarian
>
> Starchild <sfdreamer@e...> wrote:
>
> Ron,
>
> I suggest referring to "those who want to impose wage
restriction
> laws" rather than "those who want to boost minimum wages."
Identifying
> destructive economic policies primarily with wage increases
makes them
> sound helpful and positive when the truth is the opposite.
>
> Yours in liberty,
> <<< Starchild >>>
>
>
>
<image.tiff>
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