Re:Supply and Demand Does a Poor Job of Explaining Depressed...
by megaman22 on Friday April 06, 2018 @01:24PM
(#16775132)
I would predict that there is a lot of work that would otherwise be done, if minimum wage was lower, that simply will not be done at all. Or it'll be done under the table.
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Re:Supply and Demand Does a Poor Job of Explaining Depressed...
by gowld on Friday April 06, 2018 @01:29PM
(#16775202)
That's probably true; downvotes are inappropriate. On the other hand, there is also a lot of work that would be done if the economy gets more aggregate demand from low-wage workers.