What Progressives Tend to Forget…

June 9, 2016

Some argue that the rise in minimum wage impacts the economy negatively by increasing unemployment  rather than creating a living wage. The owner of the recently shuttered subway at 2739 South Park Ave., Lackawanna, NY., had reason to agree – as the sign shows. What many economists understand is that government mandated rising costs of employment tends to translate to unemployment not necessarily greater prosperity. How could it be otherwise?1

6 Comments Leave a Reply

  1. I clicked on this thing because I thought there was an article here. Instead I find a one paragraph “blurb”. Depth be damned! My question is: does someone there actually make a living with this stuff?

  2. I clicked on this thing because I thought there was an article here. Instead I find a one paragraph “blurb”. Depth be damned! My question is: does someone there actually make a living with this stuff?

  3. “my room mate Mary Is getting paid on the internet $98/hr”…..!gd310u

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  4. This paper has become completely worthless. If I wanted to hear nonsense like this I could go talk to the old man next door after he’s gotten his daily Limbaugh indoctrination.
    Here’s what Conservatives tend to forget…
    Your magical invisible hand of the marketplace has completely failed in keeping wages up with the cost of living.

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