Minimum wage should not be mandated by the federal govt. It totally destroyed the teen summer employment.
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Back to days of the industrial revolution when company owners were billionaires & workers lived in tents outside the factories
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funny, But: In recent past, Saipans clothes industry did pay low wages( @$2/hr ). then when forces to make pay reasonable, they closed shop and moved out of the island. fyi: Saipan is USA soil, like guam,puerto rico.
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Cities and States can raise Minn wage and time they want. But the local and State Politicians dont want to take a hit for it when Business's close or raise price's.
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Absolutely right. Let market forces dictate.
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Economic theory should prevail. Supply/Demand & skills
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