explain Seattle and San Francisco.What does the supply/demand curve for unskilled labor look like at $7.25?
What does it look like at $15? What does it look like at $30?
Ask an adult. Get back to me.
Have you ever seen a supply/demand curve?
Doesn't work anymore. Regulations and regulations alone allow American workers to make a living wage, IE; Chick-fil-A.
Econ 101 No Longer Explains the Job Market
Allows millions of illegal aliens to flood the job market.
Expresses shock when low-skilled Americans don't see rising wages.
Blames "employer power".
Ummmm…..if you boot the illegals, you give more power to the employees.
Employers aren't going to give raises unless they're made too.
In my case, they're made to do it every year because of the demand for my work. Government regulation is totally unneeded.