Minimum Wage Hurts the Free Market and Leads to Fewer Jobs

All salary should be allowed to flow with the Market place. Not the Government. Folks complain that Fortune 500 Company Chief Executive Officersmake too much. Since firms compete for CEO’s the market dictates. If they

All salary should be allowed to flow with the Market place. Not the Government. Folks complain that Fortune 500 Company Chief Executive Officersmake too much. Since firms compete for CEO’s the market dictates. If they want a CEO that is fantastic lose them or they must cough up the money.But they might say, just think of all of the people which may be fed with the money. If they did succeed sports would be destroyed by them. It is a business. And none of the money could wind up going to those mentioned minimum wage earners. It could have a negative impact as the tasks that support the profession would go away. We come full circle. If we strip businesses out of right and their ability to cover what they can afford either high or low, we lose jobs because firms will fail.Since when the government takes 100% of everything you earn you will stop. You would not work at any cost. If you get nothing for your effort you may stop putting the effort out.

However, the break down occurs than the 100% because everybody has a different. In contrast people will work extra smart and hard when they get to keep their salary. Capitalism is the right to maintain your Salário Mínimo no Chile.Wages are everything you buy with your money and what you get paid. So it has personal and real property. Government as they can, Lawmakers need to squeeze as much from employees. The market comes or slows to a stop and they back off a few with individuals and the taxing can breathe a little more and the market comes back some. Good as it would be if there were no taxes. The point is people know how to spend the money they earn so letting everyone keep of what they earn 100% would make. That ispeople that are suitable for 80 years had zero income tax. You retained what you spent and got you wanted.

Society Benefits the most when folks get to keep their earnings. This is when you invest money you earned because the most effective way is. You worked hard for your money so its value you invest it. The Second way is money you invest and earn on others. The next is when you spend other peoples’ money on your own.Lastly, consistently and the forth the most wasteful way to invest money is currently spending additional People’s money on other folks. That is what the Government does. That is why we have a weak market which will only get worse with Government from functioning spending and laws that limit the Market. Having laws such As minimum wage produces a foundation.

December 2020
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