Spycraft
Member
- Jan 10, 2018
- 192
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- #1
To end any debate on what the minimum wage should be, first we must agree that we can optimize a minimum wage, meaning that the minimum wage will increase employment and economic consumption in the same way that a starving person once re-hydrated and re-fed can finally heal and get out of bed.
The US economy is retarded by too-low (artificially low) minimum wages, where the wage is artificially depressed by illegal immigration but allowed by law which allows lower than optimal wages.
http://www.princeton.edu/~davidlee/wp/lee-saez11optminwage_jpubeR2.pdf
The US economy is retarded by too-low (artificially low) minimum wages, where the wage is artificially depressed by illegal immigration but allowed by law which allows lower than optimal wages.
http://www.princeton.edu/~davidlee/wp/lee-saez11optminwage_jpubeR2.pdf