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The positive effect is that some workers will earn higher wages. One obviously wouldn't expect it to affect unemployment in a positive way. It also wouldn't a
by nfw2 5y ago
The positive effect is that some workers will earn higher wages. One obviously wouldn't expect it to affect unemployment in a positive way. It also wouldn't affect poverty in a positive way if the affected workers weren't below the poverty line to begin with.
- macspoofing 5y ago>The positive effect is that some workers will earn higher wages. Right. And other workers are hurt by it. Leading to net negative outcome, or a wash.
- nfw2 5y agoMy claim wasn't that the net outcome is positive. I was countering the claim that there weren't any arguments in favor of minimum wage. I don't think a strong argument can be made about the net outcome without real data.