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re: WA approaches or exceeds full employment
Posted on 8/19/15 at 9:29 pm to LSUFanHouston
Posted on 8/19/15 at 9:29 pm to LSUFanHouston
Just contrasting one sector vs. the other. Conventional wisdom predicts a reduction in the minimum wage job market while the the rest of the job market is on fire. Higher wages for most people may very well support higher product costs to support the increased minimum wage and there may be no long term contraction in the minimum wage job market...rising tide floats all boats.
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