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To: reaganaut1

It is nice to see a study described in an actual academic paper.

The idea that raising the cost of labor causes a domino effect on other budget items should be predictable. Unfortunately, too many leftists who cannot grasp the fundamental laws of cause and effect believe that the minimum wage happens in a complete vacuum. And those same leftists make policy.


2 posted on 12/05/2017 5:11:37 AM PST by exDemMom (Current visual of the hole the US continues to dig itself into: http://www.usdebtclock.org/)
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To: exDemMom
The idea that raising the cost of labor causes a domino effect on other budget items should be predictable. Unfortunately, too many leftists who cannot grasp the fundamental laws of cause and effect believe that the minimum wage happens in a complete vacuum. And those same leftists make policy.

So the tax plan voted on in Congress is touted as raising wages for all Americans. Won't that rise in labor costs also cause an impact on prices?

4 posted on 12/05/2017 5:15:20 AM PST by DoodleDawg
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To: exDemMom
believe that the minimum wage happens in a complete vacuum.

I respectfully, and mildly, disagree. I believe that liberals feel that the "rich" companies should absorb the cost of the minimum wage and that it should not be passed on to the consumer. If it does, they can blame the evil, rich companies, not the minimum wage.
11 posted on 12/05/2017 5:55:56 AM PST by wbarmy (I chose to be a sheepdog once I saw what happens to the sheep.)
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To: exDemMom

I wonder how much ‘this study’ cost to produce an answer any business could have told them in less than 10 minutes of interviewing???

Trump needs to put a stop to all the free money that is given for ‘studies’ & ‘research’. It is a big game to prove COMMON SENSE.


12 posted on 12/05/2017 7:33:03 AM PST by ridesthemiles (uen)
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