"As pointed out in developed country literature, poverty at the individual level is not synonymous with poverty at the household level. In the United States it is found that 40 percent of minimum wage earners live in households with a total income of three times the poverty line."<quoted text>
So, you want to bring back sweat shops?
Employers take advantage of desperate people?
We need government because you can't trust corporations to do the right thing. When will you Flacktards learn that.
Or is it to allow companies to pay less so more can claim benefits because they still qualify for assistance & we an subsidize companies some more.
I see no problem with setting a minimum age & indexing it to inflation.
$10.10 is about what the minimum wage would be if it was indexed to inflation starting in the late 60's.
Companies survive then just like they would now.
Cunningham, W.(2006).'Poverty Without Risk Pooling'. The Poverty implications of minimum wages in developing countries. Nova Scotia : New York.
Who is the Author?