Quote:
Originally posted by Mmmm, Burger (C.J.)
I'll take that class if you agree to eliminate minimum wage laws that cause employers to be unable to pay the value offered by the employee.
Put differently, you're assuming that the jobs filled by many illegal immigrants would, absent that labor pool, be economically viable jobs from an employer perspective at the current minimum wage or market-clearing wage (if higher). I think neither is the case.
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The jobs would be economically viable at a market-clearing wage or the businesses would shut down. What that means is that you would see less mom & pop taquerias and the McDonalds franchisees would have to buy a new Cadillac or Lexus every five years instead of every three years.
