Labour is fixed at a minimum price (the minimum wage), this reduced the amount o... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

rmc on July 10, 2012 | parent | context | favorite | on: DC "Uber Amendment" would force sedans to charge 5...

Labour is fixed at a minimum price (the minimum wage), this reduced the amount of consumers who aer working for very little.

VMG on July 10, 2012 | [–]

This doesn't help the consumers but the laborers.

smokeyj on July 10, 2012 | [–]

I think it's interesting that minimum wage has to be raised like clock-work. It's like inflation is out-pacing wages -- which seems like another failed implementation of price control (interest rates).

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact