Unfortunately, the real minimum wage is always zero, regardless of the laws, and that is the wage that many workers receive in the wake of the creation or escalation of a government-mandated minimum wage, because they lose their jobs or fail to find jobs when they enter the labor force. Making it illegal to pay less than a given amount does not make a workerโs productivity worth that amountโand, if it is not, that worker is unlikely to be employed.
Thomas SowellJust as any moron can destroy a priceless Ming vase, so the shallow and ill-educated people who run our schools can undermine and destroy from within a great civilization that took centuries of dedicated effort to create and maintain.
Thomas SowellThe more people who are dependent on government handouts, the more votes the left can depend on for an ever-expanding welfare state.
Thomas Sowell