Quote:
Originally Posted by DGthe3
When food, housing, utilities, and fuel prices go up people don't need to be paid more? They just want to be paid more?
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That is not what I'm saying. If you take away what causes the prices to go up, then your question needs not to be answered. What is the cause of this inflation? Again, there are numerous reasons to why and minimum wage laws are one of them.
The concept of minimum wage is flawed. Your economic textbooks even tell you this, but what is more ironic is that the laws actually hurt the poorest and least productive peoples in the workforce.