Her new opinion piece HERE
Step 1) insist that raising the minimum wage will result in people being fired.
Step 2) Show lower unemployment in countries with higher minimum wages
Step 3) Ignore the whole velocity of money and marginal utilities ideas presented in econ 101
Step 4) Create Red Herring
Step 5) Scape Goat the Red Herring
Immigration policies are partly a red herring in terms of buying down the price of wages. It is contributory but not solely responsible. Oddly enough her friends over at the Chamber of Commerce are very very much for expanding permissive immigration/guest worker policies. (You don't say!)
No comments:
Post a Comment