Re:Rank-reversal aversion may be causing more social problem...
by bpodgursky on Friday July 14, 2017 @11:02PM
(#14774836)
> but things like raising the minimum wage
There are very valid reasons to think that raising the minimum wage is worse overall for low-income earners, by locking marginal-skill workers out of the job market forever. There are more technical solutions supported by many economists (for example, the EITC) but they are more complicated to understand and don't make headlines.
Not all policy disagreement is pure evil, and you're doing yourself a disservice by thinking "everyone who wants to help the poor should be for a high minimum wage". Even if in the end you disagree with the logic, it's not a position held out of malice.
There are very valid reasons to think that raising the minimum wage is worse overall for low-income earners, by locking marginal-skill workers out of the job market forever. There are more technical solutions supported by many economists (for example, the EITC) but they are more complicated to understand and don't make headlines.
Not all policy disagreement is pure evil, and you're doing yourself a disservice by thinking "everyone who wants to help the poor should be for a high minimum wage". Even if in the end you disagree with the logic, it's not a position held out of malice.