Minimum wage critical

Editor, This is something I thought about way back, like last year! It would bring a real change; forget Obama’s last campaign promise.

Sunday, May 13, 2012

Editor, This is something I thought about way back, like last year! It would bring a real change; forget Obama’s last campaign promise. In my opinion, if the minimum wage was fixed, t would greatly increase fiscal revenues. This means that more workers would be registered and taxed for their incomes. This would imply that not everybody would be able to afford a worker.Those who could afford to pay the minimum wage would do so while those who can’t would  become self reliant, that means they would go hustle harder to reach the level of the ones who can afford a worker (trickle down economy here, Reagan)... I see most people in Africa get very comfortable, the reason why we don’t have many entrepreneurs.