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| Topic | Let's see if we cn get every minimum wage job to pay 20 per hour. |
| Lokarin 12/27/22 2:03:22 PM #4: | I was gunna link a bunch of studies... like this one: https://www.nber.org/system/files/working_papers/w12663/w12663.pdf But it turns out there are too many confounding factors to make reliable predictions without extreme changes to minimum wage... For example, the evidence shows that increasing minimum wage does not significantly affect inflection and for the most part does improve the quality of life of a region... the rate of disemployment also increases, and the degree of such is straddling the line of not knowing if it's a net good/bad or whatever - so it seems more like increasing the minimum wage just vampires more wealth from the bottommost bracket, it's good for everyone except them. ... But I also found studies claiming the exact opposite... :/ Basically ,unless a grand experiment is done where a large region has either no minimum wage or a very high minimum wage there's no way to know for sure --- "Salt cures Everything!" My YouTube: https://www.youtube.com/user/Nirakolov/videos ... Copied to Clipboard! |
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