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To: Bryanw92

So the Democrats are right? Just raise the minimum wage and unemployment will drop?


42 posted on 07/08/2016 10:04:19 AM PDT by FreedomNotSafety
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To: FreedomNotSafety

>>So the Democrats are right? Just raise the minimum wage and unemployment will drop?

I guess something got lost in the translation. The article is about a business owner saying that he can’t find people to work. It’s not about national unemployment. If you can’t find workers, perhaps paying more will encourage people to move towards your business. Google “supply and demand” for details on how that works. Basically, it says that when demand is greater than supply, prices (or wages when talking about jobs) will increase to a new equilibrium level.


45 posted on 07/08/2016 10:23:29 AM PDT by Bryanw92 (If we had some ham, we could have ham and eggs, if we had some eggs.)
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