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mk · 3883 days ago · link · · parent · post: Hubski: what would happen to American labor and industry if the minimum wage was completely abolished tomorrow?
Most people making minimum wage would probably see a pay cut, and in time, social programs would see a similar increase in need. I would not work for minimum wage. It's not worth my time. It's really not worth anyone's time that doesn't have an additional income stream supporting them. Trying to live on minimum wage for an extended period will only push you into debt.