I finally got through it. I've never bought the minimum wage reasoning. It
seems fairly circular- we should raise wages because places where we raised
wages are ok. Huh? Compared to what? I trust Adam Smith.

On 9/26/06, Gruss wrote:
>
> > RoMunn wrote:
> > This article is way too long and boring. Seriously.
> >
>
> LOL, yeah.  Well, that's why I put the "econ talk" disclaimer there.
>
> I hope Dana is still reading the archives, though, cause she's always
> itching to discuss minimum wage from an economics point of view and
> here be one.
>
> Obviously I agree with the (min wage) = (employment killer) economist.
> Min wage is just a tax - when taxes go up costs must come down.  That
> means, all things being equal, fewer staff and/or fewer benefits, etc
>
> 

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