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There is no concussion among economists that "link between the minimum wage and unemployment isn't really a thing." A lot of research suggests the effect is pr
by rhino369 6y ago
There is no concussion among economists that "link between the minimum wage and unemployment isn't really a thing."
A lot of research suggests the effect is pretty small when the increase in minimum wage is small compared to the market wages for unskilled labor.
But there isn't a lot of data about a large change in minimum wage that affects a substantial number of people.
If there was no downside, why not $100 an hour?