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by JumpCrisscross
991 days ago
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> raised the minimum wage for all workers, it would have a greater destabilizing effect Theory suggests this will happen at some point. Evidence shows we aren’t close to it. Raising the minimum wage—across the board—to $25/hour in non-rural counties and something lower in rural (where COL is lower) would likely cause growth. Because while costs have gone up, there is a massive purchasing power unleashed. (Critically, this could only be done after zoning reform. Otherwise the surplus will just go to landowners.) |
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