Wage fixing
Sir, — There has been a lot of concern lately about unemployment, and rightly so, but have our politicians considered this: All persons are worth something per hour, no matter how unable, incompetent, or lazy, and in a free market will find a job paying what they are worth, whether they have to work one hour or 100 hours a week to survive. But when union pressure and Government regulation establish minimum wage laws, those who are worth less than that minimum will become unemployed. For example, if legislation made it necessary to pay lawnmowers and casual gardeners $4 per hour, many schoolboys and pensioners would lose their jobs, because they simply are not worth $4 per hour. They may willingly work for $2 per hour, but “humane” regulations are denying them this possibility. This is the sole cause of unemployment, and the sooner it is realised, the better. — Yours, etc., FRANK A. SMITH. April 6, 1980.
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Press, 9 April 1980, Page 18
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158Wage fixing Press, 9 April 1980, Page 18
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