PM Series: Question 14 (user search)
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  PM Series: Question 14 (search mode)
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Poll
Question: The minimum wage should be raised
#1
Agree		  
#2
Usually Agree		  
#3
Neutral		  
#4
Usually Disagree		  
#5
Disagree		  
#6
Critical Issue		  
#7
Not a Critical Issue		  
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Partisan results
Total Voters: 49

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Author Topic: PM Series: Question 14  (Read 1361 times)
Fmr President & Senator Polnut
polnut
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*****
Posts: 19,489
Australia


Political Matrix
E: -2.71, S: -5.22
« on: August 28, 2014, 12:58:56 AM »
So... the logic here is that IF the minimum wage didn't exist and people could be paid a pittance for lower-skill jobs... then the costs of goods and services would therefore drop because a big whack of the economy couldn't afford to purchase them?

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Fmr President & Senator Polnut
polnut
Atlas Icon
*****
Posts: 19,489
Australia


Political Matrix
E: -2.71, S: -5.22
« Reply #1 on: August 28, 2014, 01:46:29 AM »
Quote from: Deus Naturae on August 28, 2014, 01:11:40 AM
Quote from: Senator-elect Polnut on August 28, 2014, 12:58:56 AM
So... the logic here is that IF the minimum wage didn't exist and people could be paid a pittance for lower-skill jobs... then the costs of goods and services would therefore drop because a big whack of the economy couldn't afford to purchase them?
No, I'm saying the real problem is inflation created by the Federal Reserve.

Ah... that chestnut.
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