Is It Time To Abolish the stripped-down Wage? What would happen if there were non garment stripped-down engages? Would the unemployment array growth or drop? Would businesses around the terra firma grow because of the increase profits? Minimum lock was perform so that employees would contact a dependable wage for their process. No, it is not time to extinguish the marginal wage. If on that point were not a set minimum wage companies could redress their employees what ever they felt like pay them. Of course, they would not be able to go too baseborn or the employees would just leave and then the company could go under, precisely it could possibly be lower than what the minimum wage was set at in the first place. The cost of livelihood would comport to go down if there were to be no set minimum wage otherwise much(prenominal) and more people would rifle poverty stricken by the fulminant loss of income. The unemployment rate would increase greatly if we we re to abolish the minimum wage because no iodin would want to work for little than what they were being remunerative for working the same argument.
If no one wanted to work the same job for lower pay then the businesses would simoleons going out business. It would just be a spoilt domino affect that would cause more trouble than high-priced at least for the American citizens any stylus. smuggled immigrants would invite a hell of a time with exclusively the job opportunities opening up. Abolishing the minimum wage is not the way to go. I do not know what is, but there has to be another way to solve the iss ues that we are facing. Unless we narrow d! isengage of the minimum wage and the government wants to step in when everything starts move apart taking more control of the country and everyone in it then maybe it would work.
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