Unfortunately all too many people are likely to find out that the real minimum wage....is zero dollars an hour.
Monday, September 3, 2018
Labor vs. Anti-Labor
Since a ballot initiative in my state is trying to raise the minimum wage above what supply and demand dictate, I thought today would be appropriate to share what the consequence of this would be.
Unfortunately all too many people are likely to find out that the real minimum wage....is zero dollars an hour.
Unfortunately all too many people are likely to find out that the real minimum wage....is zero dollars an hour.
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There's always the call for minimum wage increases, but never a call for the end of inflation. It's a mad scramble for more of the milk that is so diluted, it's mostly water.
ReplyDeleteThe less I think about monetary policy manipulation the better for my blood pressure. :)
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