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  • Why Minimum Wage Laws Should Be killed | John Chow dot Com

    I received this email yesterday from Jobacle.com asking me to take part in the minimum wage challenge. The challenge ask all bloggers to live on minimum wage for one week. You will need to learn how to stretch a dollar because every other expense will go towards your budget. Think you can... more

    Reviewed by sheaman42 Jul 25 2007, 06:48am ( 2 reviews ) johnchow.com

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  • Rated by typeronin on Jul 25 2007, 11:53am

    A detailed argument against minimum wage laws, citing specific points about the detrimental effects it has on the economy and unemployment.

  • Rated by sheaman42 on Jul 25 2007, 6:48am

    I received this email yesterday from Jobacle.com asking me to take part in the minimum wage challenge. The challenge ask all bloggers to live on minimum wage for one week. You will need to learn how to stretch a dollar because every other expense will go towards your budget. Think you can stay nourished and entertained while maintaining the quality of your life? Prove it. Take the challenge. Unfortunately, Jobacle.com gave everyone too much of an out for the challenge to really work. We don't want to make this overly complicated. So if you decide to participate you can still live in your house and pay your mortgage. You can still get behind the wheel of your SUV. And yes, if there's a medical emergency, you can still take care of it. Even keep your high-speed Internet connection. If I were to remove the cost of housing, internet and transportation, then the only thing I really need to pay for is food. While I wouldn't be able to eat very well on minimum wage, I'm pretty sure I wouldn't have to live on mac and cheese either. The challenge is to highlight the new Fair Minimum Wage Act which came into effect today in the U.S. The new minimum wage is $5.85 per hour and will increase to $6.55 per hour next year and $7.25 the year after that. Jobacle.com feels the new wage level is a joke and disrespectful to employees.