[Rainger99]

Originally Posted by spinner1001

Since the labor market has outcomes you don’t like, here is a better system to set wages. Let a government committee set wages. A new bill recently passed by the legislature in California sets the minimum wage for relatively low skilled fast food workers at $22 per hour. California Fast Food Wages Would Be Set by Government Under Bill Passed by State Legislature - WSJ

That is about $44,000 a year! If an employer is paying that much for help, a Big Mac with fries and drink would cost $25. Hope they give free refills at that price! In addition, more places would be automated making fewer jobs available. Those kiosks don't come in late, don't take sick leave, and they don't take vacation. And no need to pay social security and Medicare!