Quote:
Originally Posted by Finger Cookin
The article does go on to say "Is this issue more complicated than I’m making out? Of course. Are there many factors at play determining the dynamics of employment? Yup. But please, please stop insisting that if we pay low-wage workers more, unemployment will skyrocket and it will destroy the economy." The latter is the heart of his point, I think. Not so much that a higher minimum wage guarantees a vibrant city. But that it doesn't guarantee economic ruin.
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I'm not disputing any of those points, it may not result in economic ruin but it may not guarantee their 'living wage' or whatever either.
Where I tend to argue is in the figures, it seems as though someone picked $15 out of thin air and announced that its the hill they're willing to die on. What rationale is there for that?
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