maybe so, but most people have no ability or desire to think thru the econ model 101 that is minimum wage...
however, anybody who makes $1 above min, can plainly see his *loss* when the min is raised $.75...
*THEN* youve prepared the soil for econ 101...
That is what I am getting at. Few people have been exposed to why we have a capitalistic system and why we allow prices. Sowell is best at explaining that.
More specifically, why gubment compassionate policies do the opposite as they are intended and claimed, by explaining econ 101.
Look, Obama and Dems come out with fancy big word claims that come from ‘the educated experts’ to back up their compassion policies so voters who vote for them can tell themselves that they voted for the smart guy who knows how to fix things, and be 'fair'.
Then they claim that everyone knows that Republican policies dont work citing old W once again.
Time for Rs to stop using simple arguments that are
based on assumptions that they havent proved or even explained to voters, so easy to trash.
1) raising the price of those employees beyond what they are worth to employer.
2) Raising the price of a burger so people buy less, requiring less employees (extends your point)
Dems will counter “ Everyone knows that employers just need/want more ‘demand’ and that only comes from more gubment stimulus and investments (spending)”
They repeat this hundereds of times on TV and not one R has challenged it. I know Dems inside and out and I know econ 101.