The minimum wage damages the economy because those rich people who own business have to pay more to their workers and that means that the profits of the rich get a little bit smaller. We should go back to the 19th century and eliminate the minimum wage. In that way children will go back to work, women will get paid a lot less, older workers can be easily replaced by younger ones, and the rich business owners can "improve their economy" by keeping those wages for themselves.

On the plus side, those rich business owners will stop sending jobs by "outsourcing" overseas. Since there is no minimum wage, business owners don't have to open factories in poor countries. Everything can be manufactured cheaply right here at home.

On the down side, since the wages of the working class will shrink, all those workers who buy all those goods will have less money to buy junk with. However, that can be partially offset by "lower manufacturing costs" since goods are manufactured cheaper due to "lower labour costs".

> "By introducing the minimum wage you effectively reduce the differentiation and reward, hence providing less encouragement for a skilled labour force."

Let's face it. The minimum wage just leads to lazy, stubborn, unskilled workers. That is why in the 19th century those handmade goods were made without skill or ability. By giving people a minimum wage there is just no "incentive" to learn and be productive. Proof lies in the fact that in the 19th century when there was no minimum wage "soooo" many people were educated and literate as compared to today when the minimum wage allows the working class to pay for an education for their children.

We should get rid of the minimum wage, along with employment insurance, health care and universally available education. In that way we can go back to the good old days when the poor were so desperate that communism actually looked attractive.