I also have a question about minimum wage. I have a co-worker who is all about the “American system” and somewhat socialist, we get in arguments all the time about many issues, one of which being minimum wage. He seems to think if the minimum wage is repealed then all wages will drop across the board, not just wages that are set at minimum wage, because employee’s and employers need a bench mark to set their wages, so he says. I’ve conceded that it is possible that wages at minimum wage could drop, but that I do not see how wages that are above it would be effected. I have explained to him why minimum wage is bad, that it creates unemployment among the unskilled workers. Of course, he thinks I’m crazy, that I’m for the elites, that he has history and reality on his side, that I’m living in a fairy tell land with unicorns and leprechauns. Although, I have become somewhat immune to such ad hominem attacks it is still quite irksome to have to deal with such ignorance on a daily basis, not just from him but from others as well, of course I’m not trying to say I’m the most intelligent fellow in the world, but still.
What are y’all’s thoughts on this?