Hacker News new | ask | show | jobs
by agent327 1711 days ago
The lie is in the conclusion: "because a single company raised its minimum wage and was successful, this implies all companies can raise their minimum wage and be successful".

If you accept the premise that some work is more valuable than others, then you must also accept that having a minimum wage will rule out certain types of work as being not sufficiently valuable to actually be worth paying for. Thus, having a minimum wage law means that some jobs will disappear (or become much more expensive). Whether this trade-off is worth it or not is a political choice with arguments to be made on both sides.

1 comments

You can’t call a conclusion a lie because you don’t agree with it. A lie implies falsehood, where you’re just saying, “I don’t agree that this situation where raising the minimum wage of a small towns core business didn’t have negative impacts can translate to a larger scope of a whole state, because I don’t believe that’s how it works”. It’s on you to show the opposite.
So a conclusion that uses a false generalisation must be accepted at face value despite its faulty logic? This has nothing to do with opinion, mine or otherwise; the article is pushing a policy on the basis of broken logic. And yes, I can damn well call that a lie.