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by 4WIW
715 days ago
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The flip side of minimum wage is often overlooked: people on the bottom end of the spectrum, who struggle to compete with other minimum-wagers, are cut out of the workforce. At $15 or $20/hour, the job requirements are higher than at $10/hour, and these folks stand no chance. Likewise, the low-end employers are priced out of the market. It's the same survival of fittest, except the weakest constituance is hurt most. They are very sparse so their voice is never heard. |
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The idea is to incentivize companies to hire these people for otherwise unprofitable work and mostly to get the disabled out of the house and earning some money that they otherwise would not.
For example, most of the prescription glasses made in the US are made by blind people under such a scheme.
Honestly, it sounds terribly exploitative. But, from what I understand, these schemes are mostly successful in that the disabled are happy with it along with the employers.