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re: Why so much talk of raising minimum wage? Why no discussion on cost of living?
Posted on 5/9/14 at 8:47 pm to oklahogjr
Posted on 5/9/14 at 8:47 pm to oklahogjr
Look to any sector of the economy where prices continue to rise over time (healthcare, college tuition, etc.) and the reason is because of government involvement distorting the market.
Prices should come down over time due to increased productivity, economies of scale, etc. Yet they don't, because the government is causing prices to rise in some areas.
Prices should come down over time due to increased productivity, economies of scale, etc. Yet they don't, because the government is causing prices to rise in some areas.
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