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by agent327
1711 days ago
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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. |
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