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Re:U.S. GDP Shrank in Q1 2015 by bsder on Friday May 29, 2015 @08:03PM (#9628271)
> Why can't hiring people be cheaper?

Because it doesn't matter? All of the data from minimum wage increases indicates that employers are not employee constrained, they are demand constrained.

So, minimum wages increases bump demand significantly while hurting employment weakly (if it all).

Re:U.S. GDP Shrank in Q1 2015 by aburan28 on Friday May 29, 2015 @08:59PM (#9628404)
Hiring is cheaper, ever hear of H1B's?
Re:U.S. GDP Shrank in Q1 2015 by bsder on Saturday May 30, 2015 @12:27AM (#9628973)
Uh, yeah, lots of companies spend money on lawyers to pay minimum wage to H1Bs.

Suuuuuuuuure.

And H1B's don't represent more people hired. The data shows that companies use H1B's to replace existing employees.

So, you don't improve employment but you do reduce the demand. Congratulations, welcome to a downward spiral.