Re:The Tech Industry Is Building a Vast Digital Underclass
by perl4ever on Wednesday July 24, 2019 @07:36PM
(#20521214)
I don't think you're completely wrong, although you may be exaggerating the magnitude of the effect. But this is actually a reason to support a higher minimum wage.
If you make vastly more than minimum and are a consumer of fast food, then don't you think that you will get better service from the one person making $15/hr? Plus, they're less likely to spit on the burger.
The thing about the minimum wage is that there is a market determined wage for a minimally effective employee, but if the official minimum is lower, and it generally is these days, business owners and managers will keep trying to hire at the legal minimum instead. You'd think the invisible hand, etc. but it doesn't work that way. The rule is "the law says X, so we do Y, the minimum required".
If you make vastly more than minimum and are a consumer of fast food, then don't you think that you will get better service from the one person making $15/hr? Plus, they're less likely to spit on the burger.
The thing about the minimum wage is that there is a market determined wage for a minimally effective employee, but if the official minimum is lower, and it generally is these days, business owners and managers will keep trying to hire at the legal minimum instead. You'd think the invisible hand, etc. but it doesn't work that way. The rule is "the law says X, so we do Y, the minimum required".