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| Topic | increases in the minimum wage lead to higher grocery prices |
| Questionmarktarius 12/05/17 2:15:15 PM #18: | Balrog0 posted... Overall I think the evidence is good that we should raise minimum wages, but basically yeah, the implementation and overall level of the min. wage is more important than people seem to admit at least. But, the critical flaw is that there's no obligation to hire or continue employing. It punishes the very people it's intended to help, if their labor isn't worth the mandatory price floor, by making them effectively unemployable. http://www.aei.org/publication/thomas-sowell-on-the-cruelty-of-minimum-wage-laws/ ...and also provides an easy vector for institutional racism: http://www.aei.org/publication/thomas-sowell-on-the-differential-impact-of-the-minimum-wage/ ... Copied to Clipboard! |
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