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Re:A Basic Income Is Smarter Than a Minimum Wage by maxerickson on Monday April 04, 2016 @03:45PM (#11424852)
I bitch about the mortgage interest deduction on a regular basis. A national policy that drives up housing prices is plain stupid (and it obviously isn't helping the ~1/2 of the country that doesn't have any wealth build wealth).

I'm ambivalent about a minimum wage. I think the arguments about the imbalance in negotiating power have some merits, but the GP answered your question about why it is a problem with their next sentence, it likely makes some productive tasks uneconomic.

I think it's important to try to characterize the actual economic impact of a minimum wage though, just pointing to the expected negative marginal effect isn't a very useful argument.

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