|
|
|
|
|
|
by wave_function
1541 days ago
|
|
|
According to this guy’s (possible wrong) view of market elasticity. More food stamps-> each person work more hours to survive-> more labor supply-> lower wages. (EDIT) Which would make him not like food stamps. There are other effects of food stamps, but in this guys view, that’s the dominant term. Maybe he’d like it for his own employees, but certainly not for the market as a whole. I guess it’s the opposite of “restaurants have to pay people more to compete with coronabucks” narrative that started a year or two back. |
|
|