I agree with your point about burden of proof, but economics is not a science. Setting aside economics and science, common sense demands the burden of proof go to those who say raising wages won't decrease demand.
Maybe, or maybe common sense says the burden of proof go to those who say increased consumer purchasing power won't increase demand.
Maybe common sense demands thats businesses won't pay for more employee hours than they have to in the first place and thus demand only decreases if overall revenue decreases.
I mean just saying "common sense" is as usual a way of pretending that your own biases are obviously correct.
Maybe common sense demands thats businesses won't pay for more employee hours than they have to in the first place and thus demand only decreases if overall revenue decreases.
I mean just saying "common sense" is as usual a way of pretending that your own biases are obviously correct.