Billy000
Democratic Socialist
- Nov 10, 2011
- 32,087
- 12,836
You don't even know what Marxism is.marxist doubletalkThe CBO estimates 500,000 jobs would be lost if raised to 10.10. That's the state that matters. Over time, the increase in economic demand from higher wages will inevitably create jobs.There's an easy solution for this: raise the minimum wage.
You are such an economic illiterate. We have a flooded labor market. Raising the minimum wage only benefits those who can keep a job, it does nothing for those who lose a job because, NOW PAY ATTENTION, the value that they produce is less than the wage they must be paid.
Better to raise wages by increasing labor scarcity and the best way to do that is to skim off about 20 million low wage workers and send them on an all-expense paid trip to Mexico.