RE: Why the Minimum Wage Needs a Makeover...

You are viewing a single comment's thread from:

Why the Minimum Wage Needs a Makeover...

in economics •  8 years ago 

I see your point, does Denmark have any restrictions on how much CEOs can get paid in relation to their workers. I am pretty sure Sweden passed legislation to that effect not too long ago. The reason I bring that up, even if we had no taxes and still had a way for the government to function, we have a disappearing middle class. I envy your lifestyle, I have three children and if not for them I would live at a much lower standard of living.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

I don't think there is a law, no. At least, I've seen people complain about the saleries, so probably not.

  • That doesn't matter to me either though. I'm not an envious person. So you having more success than me, inspires me instead, and makes me up my game, since I want some of that success as well. :b

I actually don't want the government to be there at all. - I don't need other people to tell me what to do, the police harass me for victemless crimes. (I've even been assaulted by them in the past.)

  • So I think we could do waaaay better, without it.

As for the middleclass. It's almost completely gone anyway. It's been taxed into "poverty".
^ And generally speaking. The rich CEO's works in banks, where they get government subsidies. (Your money, taken through taxes, and inflation.) Besides. If the rich keeps the poor, poor. They wouldn't be able to make more money, since no one could afford what they sold. (And without government, there's no one to force you to pay up either.)

I might be jumping a bit too much around, and apologize for that. I'm hungry, and can't really think about anything, but the food on the stove. >.<