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It seems this logic could just as easily be used assert that entitlement programs should be reduced to match minimum wage, just as well as raising minimum wage
by arwhatever 6y ago
It seems this logic could just as easily be used assert that entitlement programs should be reduced to match minimum wage, just as well as raising minimum wage to reach parity with entitlement programs.
I'm not saying we should; but it seems like there's some other component that needs to be added to your logic, and a quick brainstorm by my non-economist brain doesn't seem to be able to fill it in.
- XorNot 6y agoSure you could do that, cause a bunch of people to be evicted, the homeless rate would go up, the crime rate would go up, you'd have problems with disease due to poor hygeine and hospital costs due to those homeless only turning up in emergency when it was an emergency due to EMTALA. Then "something must be done" so you could spend a bunch of money building more jails, imprisoning and murdering a bunch of these people via law enforcement and the net result would be a society where somehow Americans decided that the most important thing to them was the profit margins of billionaires and Uber rather then being able to walk down the street without getting mugged or smelling human effluent. The classic American thinking on welfare and labor relations: that surely there's no other possible reasons to do these things.