The Traderszone Network

Published in TZ Latest News 28 October, 2016 by The TZ Newswire Staff

New Research Finds Minimum Wage Ballot Initiatives Could Cost 300,000 Jobs In These 4 States

Seemingly no amount of empirical evidence can convince progressives that raising minimum wages to artificially elevated levels is a bad idea.  Somehow the basic idea that raising the cost of a good ultimately results in lower consumption of that good just doesn’t compute.  Though it does seem odd that progressives in states like California lean heavily on higher taxes as a way to curb, for example, fuel consumption.  Could it be that the left actually does understand the basic economics of the minimum wage debate but don’t find the math behind it to be particularly “politically expedient” i

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