Saturday, April 5, 2014

Minimum Wage Means Fewer Wages

Any publication with the name "progess" or "progressive" in it is Leftists oriented. If you are a Capitalist Free-market thinker and NOT simply a "Useful Idiot" of Leftists Socialists thinking, one would realize that when wages and prices are fixed by some Central Government Dictate that it only creates scarcity. In the case of fixed wages, fewer employed! Nixon proved that in the 70's with his Wage and Price Controls, which only resulted in higher unemployment and shortages of goods. Some of US remember those mistakes of the past!

No comments:

Post a Comment