Originally Posted by
mao say dung
Originally Posted by
pseudolus
higher minimum wage = less jobs and less employment
I'm sure you can back this up with a quote from Milton Friedman or any of a number of laissez-faire ideologues, but a bit of data might be nice.
Common sense. You, telfer that you are protected from the heady world of business, seem to think that firms who hire the minimum wage people in the first place will accept their wage bills going up, decreasing profits, through an action that will have no impact at all on their revenue. So will they increase their prices in a time when prices are being driven down, take a hit on their profits, or lay people off and make the remaining ones work harder?
Take a guess.
Heh trollBKK - just because you put something in bold, doesn't make it true. Now, pop off and prove then with out a shadow of a doubt that what you claim is true then. No emphasis on me to prove it now, because you have counter claimed, dim wit.