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I don't have an informed opinion on whether or not there's a causal relationship between wage hikes and economic growth, but "This didn't help me" != "This didn
by longerthoughts 8y ago
I don't have an informed opinion on whether or not there's a causal relationship between wage hikes and economic growth, but "This didn't help me" != "This didn't help my city/state".
- dnautics 8y agono the point is that the idea of the goodness of a minimum wage is very much tied to a very middle class idea of what constitutes labor, and the reality is that large classes of people are not necessarily in a situation where it is a useful societal tool. As typical, one of the hidden costs - increased cost of living - hurts the least privileged the hardest.
- longerthoughts 8y agoThe parent’s claim was “the states which raise their minimum wages do better economically”, which is not the same as “every person benefits from an increased minimum wage”. You’re arguing a counter-point to a point that nobody has made.