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Message
re: State Minimum Wage Bill
Posted on 2/25/14 at 9:19 am to Monsieur Le Prince
Posted on 2/25/14 at 9:19 am to Monsieur Le Prince
quote:
A lot of people here criticize raising the minimum wage, as if liberals or progressives think it's a panacea. It isn't, and it isn't supposed to be. But it's still an important piece of social policy that we should be able to agree on.
Raise the costs of doing business means raising the costs of things people buy. It will zero out any impact. When they go to buy something and it costs more their extra money is meaningless. It is also meaningless if they get replaced by an iPad or some other technology because they have become too expensive.
Posted on 2/25/14 at 12:17 pm to lsu13lsu
quote:
aise the costs of doing business means raising the costs of things people buy. It will zero out any impact.
Macro-economics isn't that simple.
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