Quote:
Originally Posted by LoneWolf
I actually agree with this. I agree with getting rid of minimum wage. If companies like Wendy's, McDonalds, Burger King, etc...had to compete with each other for workers, there wouldn't be this race to the bottom and minimum wage be what these types of jobs paid everywhere. If McDonalds decided it was going to pay their workers $2.50 per hour, they would either have no workers or they would have the worst workforce in the industry and their business would suffer and eventually die off.
Instead, what I think you would see is Wendy's would decide to pay workers $9.00 per hour. Wendy's would start to steal all the good labor and have the best customer service so they would start to steal business away from their competitors. Their competitors see this and they would raise their wages to $10.00 per hour and this cycle would continue until you reach the level where talent/worth equals pay and their would be a natural order to things.
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Companies would just stagnate wages so that the workers had no choice but to take what they could get. Wendy's would put their shit at like $3.50 an hour.