3 ms·

I agree the logic of calling market wages a "subsidy" doesn't hang together. I wonder where this idea originated; its frequent appearance in labor policy debate

• dragonwriter 8y ago
  > I agree the logic of calling market wages a "subsidy" doesn't hang together. That's not what is being called a subsidy. Federal benefits to low-wage workers are being called a subsidy that reduces wage demands in the market. Other than EITC (which actually does act as a wage subsidy in a certain range), that's a problematic claim, too, but it's a different claim than that market wages are a subsidy.