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by nradov
2060 days ago
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The minimum wage makes it impossible for employers to hire people at the bottom end of the productivity scale. It makes no sense to hire someone who only produces $10/hr of value if you have to pay them $15/hr. This makes it harder for people with little experience or training to find any job at all. A better solution would be to eliminate the minimum wage and make up the difference with income redistribution, such as a negative income tax for those in the lowest bracket. |
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