Serious question: How on earth could anyone oppose a policy that would effectively give low-skilled workers (workers who barely make enough money to feed themselves, let alone a family), higher wages? After all, we live in difficult economic times, and it doesn’t seem wholly unreasonable that individuals working in low-skilled jobs should be entitled to a minimum, universally agreed upon standard of living. And indeed, as you might expect, this isn’t by any means an unpopular idea: According to a recent Gallup poll, almost all the Democrats -- and precisely half the Republicans -- surveyed would vote “for” a proposal...
PHdReality, You talk of theories. Weirdly, every time minimum wage is introduced in REALITY it increases inflation and decreases employment. I am so glad you found a Keynesian economist who is paid by government to confirm your beliefs. Perhaps I should believe the scientists at the cigarette companies when they told me cigarettes are good for me. It's silly not to think high minimum wage doesn't lead to less jobs. I can have 100 employes at $10 an hour or I can have 50 employees at $20. If basic math is difficult to understand.
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