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Re:How the Unchecked Power of Companies Is Destabilizing Gov... by MetaWhirledPeas on Tuesday October 22, 2024 @10:42PM (#41921238)
> What is the federal minimum wage? Who benefits from it being $7.25 an hour? Not the common people

Not a great example. The evidence of its effectiveness is mixed, and the burden of the wage increase hits small businesses early. The Walmarts of the world are better equipped to cope.

Maybe it's a good idea, maybe not; I'm just saying it's not obvious.

Re:How the Unchecked Power of Companies Is Destabilizing Gov... by Me001 on Tuesday October 22, 2024 @10:52PM (#41921292)
Are you being paid to post this?
Re:How the Unchecked Power of Companies Is Destabilizing Gov... by animal_spirits on Tuesday October 22, 2024 @10:59PM (#41921329)
There are many people who oppose minimum wage controls. Don't be vapid.
Re:How the Unchecked Power of Companies Is Destabilizing Gov... by dannyobrien on Tuesday October 22, 2024 @11:27PM (#41921496)
So, just for the record, I'm not being paid to write this, but I read the literature on minimum wages, and while I think they are probably mostly ok, I'm not sure of their long-term efficacy and there are probably other interventions that may achieve the same effect more efficiently.

I'm unlikely to change my mind by someone who simply accused their opponent of being a paid shill, but other than that I'm probably a fairly marginal "opponent" of minimum wages that you could win over with a few cited well-written sources. See if you can better model what would convince me!

Re:How the Unchecked Power of Companies Is Destabilizing Gov... by ulrikrasmussen on Tuesday October 22, 2024 @11:44PM (#41921602)
Minimum wages are a poor bandaid and workers would generally be better off with unions having more power to collectively negotiate better pays.