Here is a FAQ on why the Minimum Wage is a scam on the workers:
A: Yes, but that does not mean they can buy more with the more money they get.
A: Usually raising the minimum wage also causes prices to go up.
A: Ask yourself this: Did you do any more work to get the extra money? If not, then where did this money come from?
A: Your employer had to raise product prices to get more money to pay you a higher wage. All other employers had to do the same thing.
A: That's what the Democrats intend. But government has no power to create any wealth, so minimum wage can't create real income.
A: No. Money is a way to transfer or store wealth. Wealth is the amount of buying power in the world.
A: No. Government can't create any wealth. Only work creates wealth. And you didn't do more work when your wage went up.
A: Printing more money does not create any wealth to go with it. Only work creates wealth. Money gets its wealth when it pays for work.
A: It's the truth. When you work, you create wealth for both you and your employer. You are paid and the employer gets what you made or did.
A: Wealth is destroyed by eating, drinking, breaking, destroying, discarding, theft, taxation, crime, accidents, regulation, wear, and other events.
A: Yes. It is limited by the amount of work done in the world at any one time, modified by saved wealth and how quickly wealth is destroyed.
A: It inflates the money. You still get the amount in products your work was really worth. The law made money worth a lower amount of wealth.
A: They are paying you what they can sell the product of your work for.
A: The idea of a "living wage" is a liberal dream, not reality. Look at the
facts:
- How much you owe is not related to how much you are paid.
- You are paid out of the money your employer got from selling the products
made by the work you did.
- You can never be paid more than what the employer can sell your work for.
There is no other source of money to pay you from.
A: They are trying to get something for nothing. They want it enough to vote for it.