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by rybosworld 821 days ago
Arguing with such a broad statement usually isn't worth the time but I'll bite anyways.

First:

If all minimum wage did was remove opportunities, we wouldn't have one in most of the civilized world. It's plainly obvious that isn't all it does, regardless how you feel about it's effectiveness.

Second:

Minimum wage does remove opportunities - and so what? There's nothing inherently bad about that. If a business can't afford a minimum wage, then they aren't a viable business. Businesses don't deserve to exist in the same sense that jobs don't deserve to exist. A business that can only survive by trapping employees in wage-slavery isn't to the happiness and health of it's society.

Third:

Minimum wage has little to no effect on inflation: https://www.sciencedirect.com/science/article/abs/pii/S01651...

And it does have a positive effect on the quality of life of low-skilled workers: https://www.healthaffairs.org/do/10.1377/hpb20180622.107025/

People that argue against the merits of a minimum wage are usually:

- parroting something they heard from a right-wing talking head, (i.e.: they have no evidence to back their claims), or

- they are a business owner that knows their business can only survive if they prey on low-skilled labor