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by dominotw 3783 days ago
why do we need minimum wage laws then?
2 comments

Seriously? You're going to use the impact on Silly Valley tech salaries that a glut of engineering talent would cause as an argument against minimum wage laws?

If technology professionals ever find themselves in a position where minimum wage regulations are relevant to their incomes, we'll have been through something far worse than a few layoffs.

The myopia of tech people is really mind-blowing sometimes...

EDIT: phrasing.

i am merely pointing out that there are many factors involved not just supply and demand.
Like, for example, corporations preying on people who have no choice but to take any job that's available, and offering wages that are below a starvation level?
Is this sarcastic? If you think 100k is the minimum wage law should go at, what a wonderful world we are living.

No. Engineers are spoiled during up time because the market, so we have to bear the correction during down turn which is also from the market.