>>8108336>paying unemployed people less than zeroPaying the people who already work, less.
>job can't exist because it's less than minimum wageIt keeps people out of poverty and perpetual enslavement. The problem is welfare keeping poor people who won't work afloat. They should die off.
>wages go up because competitionThat would only make sense if EVERY SINGLE POSSIBLE EMPLOYEE was hired. As long as there is one more person than those employed, the person is replaceable, and will have to suffer low wages or be replaced. This applies to a group level, 10 people working for $5.01 know that each of them could be replaced by one person will to work for $5.00, so they have to accept wages suppressed to their value. As people are willing to take risks, you will inherently have a race to the bottom because someone will burn any available resource to survive (including those of their neighbors, look at niggers).
>fully employed labor marketLiterally impossibly and completely psychotic to consider. Even if there was no minimum wage, there are not enough jobs for people. Find me a place without minimum wage that doesn't have at least 10% of it's population living in abject poverty or constant warfare.
>rentIn your example, two million people can't afford rent. In mine, one million can't. Get the picture?
Here's a thing with minimum wage: if it was bad to raise, you could show plenty of situations where raising it was detrimental. If it was beneficial to lower, you could show plenty of situations where everything improved as a result of lowered wages. This has literally never been the case, as wages have always been suppressed. There are clearly conditions where raising the minimum wage is bad, and we have yet to reach them. Even with threats of robots replacing fast food workers, we all know corporations are slow as shit to do anything, and worse, terrible at doing anything right.
