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by PredictorX1
968 days ago
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What of the unemployment provoked by legally forcing the price of labor higher? Think about it: WHen the price of something goes up, do you buy more or less
of it? One might as well call the minimum wage the "ceiling employment". |
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The minimum wage has jumped up several times in the past due to government updates, and it has gradually shrunk over time due to inflation, and neither of those things has been particularly correlated with employment rates