In all fairness, I have argued on the minimum wage for years with progressives/etc and have never seen such reasons in their empassioned defense of the idea. And I don't think they were hiding this sort of view, either.
But I won't argue with you on the across-the-board nefarious origins of some of the policies, nor of the unintended consequences. Well, they seem to have been a lot more intended back then.
You can also talk about some modern results, like low-skill wage earners (youth) losing jobs, while illegal immigrants working at a lot of jobs too due to it.
Yeah, I didn't mean that the modern day proponents of the law are motivated by racism (though the law still hurts young blacks by pricing them out of the market - a point of view shared by over 90% of the economists).
2 comments:
In all fairness, I have argued on the minimum wage for years with progressives/etc and have never seen such reasons in their empassioned defense of the idea. And I don't think they were hiding this sort of view, either.
But I won't argue with you on the across-the-board nefarious origins of some of the policies, nor of the unintended consequences. Well, they seem to have been a lot more intended back then.
You can also talk about some modern results, like low-skill wage earners (youth) losing jobs, while illegal immigrants working at a lot of jobs too due to it.
Yeah, I didn't mean that the modern day proponents of the law are motivated by racism (though the law still hurts young blacks by pricing them out of the market - a point of view shared by over 90% of the economists).
Post a Comment