2006-12-17 07:16:37 · 9 answers · asked by Anonymous in Politics & Government ➔ Elections
No, that would increase corruption enormously as companies struggled to find "under-the-table" ways to compensate their most talented people and keep them aboard.
I agree that the salaries of some executives/athletes/singers/actors are totally ridiculous but hey, they have a particular talent and appeal that we are willing to pay huge amounts of money to see. Capping salaries would be like banning alcohol - the resulting corruption would be much worse than the problem it would fix.
2006-12-17 07:26:47 · answer #1 · answered by Ryan 4 · 3⤊ 0⤋
No, there should be a government mandated COLA, cost of living adjustment. Forget about raising the government mandated minimum wage!
2006-12-17 08:37:55 · answer #2 · answered by taxidriver 4 · 0⤊ 0⤋
The exact same wages as the average sweatshop worker slaving away in American Corporate factories over seas. Less than a dollar an hour, that is, if the businesses don't take to paying people in scrip again like they did in the Gilded Age
2016-05-23 02:27:34 · answer #3 · answered by Anonymous · 0⤊ 0⤋
No. There should be a government mandated minimum productivity law to go along with the minimum wage law. The government should require that workers work at a sufficiently diligent level that they actually earn the minimum wage. Employers have minimum economic needs too.
2006-12-17 10:53:37 · answer #4 · answered by Anonymous · 0⤊ 2⤋
No! Free people every where have contributed to the great rise of the civilization because it is open ended at the top. Initiative and free enterprise must be rewarded so that the standards of living can continue to rise.
You can't go ask a fellow for a job that has had his celling artificially set by the government'
As you can tell I am not a Liberal..... lol
2006-12-17 09:39:33 · answer #5 · answered by Anonymous · 0⤊ 1⤋
No, doing that would only serve to stifle creativity and ambition.
2006-12-17 07:18:58 · answer #6 · answered by mstrywmn 7 · 0⤊ 0⤋
No.
Corporations can pay however much they want to whoever they want.
Don't like it? Don't buy from them.
2006-12-17 07:18:33 · answer #7 · answered by Anonymous · 1⤊ 0⤋
See
http://www.math.temple.edu/~wds/homepage/minmaxwage
for discussion of almost the same question.
2006-12-17 16:52:22 · answer #8 · answered by warren_d_smith31 3 · 0⤊ 0⤋
You just defined communism.
2006-12-17 07:24:05 · answer #9 · answered by da_hammerhead 6 · 1⤊ 1⤋