Minimum wages don’t help

The minimum wage has been raised again and again, but it has accomplished nothing except to make everything more expensive.  The only way to improve things is to make it so that very few workers are paid minimum wage, with most making considerably more than that.

Creating a tax system which punishes those who pay poorly would be a real challenge, but it is about the only hope we have of correcting the inequality.  Unless the executives of most corporations would be willing to give the money to the workers instead of the stockholders, as well as sacrificing a good portion of their compensation.  Without an antidote for greed, I don’t see that happening any time soon.


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