Comment: The bottom line is minimum wage perverts the market

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The bottom line is minimum wage perverts the market

The fact is there are some jobs that aren't worth $10/hour and there are some people who would do those jobs for less.

By forcing a minimum wage that job either goes un-done or someone else has to sacrifice to pay the difference.

So whether its $10 or $1 million dollars the effect is the same and its negative. Its just more obvious at $1 million.

Oh and if someone can't live off $10/hour they will be naturally be motivated to improve themselves so they can get a better job and earn more. If they simply collect welfare that motivation is gone.