Milton Friedman once stated (link to timestamped video below):
"The Minimum Wage laws - are supposed to be to help the poor, to help the disadvantaged, they are the most Anti-Negro laws on the books."
In my last article discussing homelessness in San Francisco, I mentioned how the $15 minimum wage implemented there makes the homeless problem worse since it prevents the homeless from getting a job at all.
Growing up in the suburbs of Atlanta in mostly a black community, I would sometimes notice that teenagers would be "employed" to sweep the hair off the floors to keep them clean.
As I grew up, I saw this less and less. Georgia still has the federal minimum ($7.25) but I do not think sweeping the hair off the floor is a $7.25/hour job. In the example I above the teenagers would have be paid under the table, but why does this have to be an illegal activity?
The truth is minimum wage increases unemployment since it is illegal to work for a penny less.
By mandating a minimum wage how can the government be so wise as to determine how much the fry cook or the barista should make? It is absurd to think they can put a price floor for all entry level jobs.
Minimum wage destroys competition at the lowest levels. Fry cooks, cashiers, and baristas have no incentive to compete with one another, as they will simply be paid the minimum. This notion may seem silly, but only because we have been indoctrinated to believe there should be a minimum wage in the first place.
If a fry cook does not make mistakes, has high productivity and makes damn good, crispy fries consistently then why shouldn't they make a little bit more money?
Employees have no incentive to work harder, as a minimum wage serves as both a floor and ceiling since their negotiation power and incentives to compete have been taken away by the government.
Employers have no incentive to pay an entry level worker more than the minimum, since they can find any entry level worker that will take the minimum, as the demand has artificially increased at that wage level simply by the government passing a law.
Minimum wage also results in an overall price increase since companies must pay for increased labor costs, therefore will pass along the increased costs to the consumer.
This further contributes to further wealth inequality (homelessness for example) the exact problem it was designed to address!
The only two people that should decide an employee's wages are the employee and the employer. The government has no place.
The main argument against minimum wage is that these companies will pay employees $1-2/hour instead.
This begs the question - who the hell will choose to work for $2 dollars an hour?
The removal of this law will empower the employees to negotiate their wages and customize their benefits directly with their employer. No need for a "trusted" 3rd party in the middle telling them how much they should earn. Peer-to-peer negotiation.
Minimum wage should be repealed, freeing the market for our youth and unskilled, enabling them to lift themselves out of poverty and build skills in an entry level position.
 

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Capitalist Propaganda, I can't be fucked any more trying to make sense into brainwashed people.
EDIT:
and here is one nice PROOF that your narrative is pure horse shit (and I am surprised that so many, allegedly smart people, still fall for). So, as I said: Capitalist Propaganda... here's bit of actual truth:
I've said it before many time and I'll say it again, everything in US is opposite to truth, and its because US is controlled by these capitalists who lie about everything.
So... will you finally turn on your brain and LEARN from this?
I think you won't... that's how bad and indoctrinated capitalist brainwashing is in the US.
@8888 you are an idiot, an idiot that just keeps ignoring the reality, which I copy/pasted for your ignorant ass, right there in the comment... maybe you don't know how to read, or if you know how to read, looks like you don't know how to think... and this is why you will remain... an idiot.
@Unterhashing you are an idiot also... an idiot that just repeats capitalist propaganda, if you had any working brain and learned history, you would see that all wars are created by capitalists and monarchs... so yeah... you are a brainwashed idiot also. But hey, don't bother to think for yourself, just eat that shit you spew out... you moron.
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U've managed to upset the local communist who likes using capitalist platform like yours.org... and also internet, and computers etc.
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The ex USSR, East Germany, North Korea, Cuba, Venezuela, Communism and Socialism have caused millions of deaths and countless human misery. Anyone defending this ideology is either economically illiterate or enjoys human suffering.
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The Government is the "Trusted Third Party" everyone is forced to accept. Bitcoin exist because we don't trust the government in managing the money supply. Socialists will "trust" the government in enacting laws they like and "mistrust" the government in enacting laws they don't like. The government, for socialists, is good only if it does what they want at expenses of others.
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@Mirco Romanato,
"Bitcoin exist because we don't trust the government in managing the money supply."
Is that so? Is FED government bank? No, its not. Its PRIVATELY OWNED BANK (group of privately owned banks), and all western countries have privately owned banks as central banks, and not government/national banks... which means (thanks to mother nature that gave me good working logic, and looks like you didn't get it) that you don't trust the government in managing the money, you trust handful of CAPITALISTS to manage the money supply.
Its funny how things always go back to showing that every shit that you can point out in this world, always goes back to CAPITALISM, after you go deep down and use actual facts and not programmed "conclusions" brainwashed into your mind, by the very Capitalist system (through MSM propaganda, government propaganda, shitty education, which is also full of propaganda and lacks actual education in true history and facts, critical thinking, etc... all of which is cause and effect of living in a society where everything is owned by handful of capitalists... even the government is controlled by them... its what you call THE DEEP STATE). Do you people get it yet?
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