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Re:New Intel CEO rehiring retired CPU architects by imtringued on Friday January 22, 2021 @07:50AM (#25871236)
The problem with minimum wages is that they don't do anything. There is a mild psychological effect that forces people below minimum wage to find a new job. However, if the economy doesn't have enough jobs above minimum wage, then it does nothing.

If the government offered jobs at the minimum wage there would be an effective price floor for wages. Better yet, if those government workers spend their income they can drive economic demand which ends up creating jobs above minimum wage. Eventually every job pays more than minimum wage and nobody is dependent on the jobs guarantee.

Re:New Intel CEO rehiring retired CPU architects by heyoni on Friday January 22, 2021 @09:28AM (#25871907)
And if there are enough jobs, then it does something, and does it well. It forces companies to spend a bit more on their employees and in some ways, redistributes wealth.

Your solution isn’t better. The government cannot be everywhere the way that Walmart is.

I really don’t think its impact is going to be that big. Low skilled labor will still find ways to get hired for less, off the books if the need is great enough...it happens all the time.

Re:New Intel CEO rehiring retired CPU architects by 8note on Friday January 22, 2021 @01:24PM (#25874450)
The government is already in more places than Walmart is though?

The government already offers jobs like that too, just that it's through the prison system and the floor is much too low

Re:New Intel CEO rehiring retired CPU architects by heyoni on Friday January 22, 2021 @02:11PM (#25875029)
Look, as much as I hate Walmart, they exist in places at levels that the federal/state does not. Either way, that's not the only thing my argument stands on. I'm as liberal as they come, and would never suggest expanding the government just to fit that capacity.