04-23-2021, 06:27 AM
(04-23-2021, 01:01 AM)pbrower2a Wrote: A higher minimum wage makes getting employment makes marginal workersless likely to get work. On the other hand, abysmal wages also depress consumer demand Such is a consequence of supply-side economics that depends upon keeping as many people overworked and underpaid so that profits can be higher and that an economy might put more of its productivity into exports
Look at it another way. Should any endeavor that needs near slave labor to prosper exist at all?
Intelligence is not knowledge and knowledge is not wisdom, but they all play well together.