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To: central_va

“There is zero correlation between raising the minimum wage and the unemployment rate if you TAKE THE TIME TO LOOK AT THE RAW DATA. None.”

If the market rate for something is 10, and you artifically raise a price to 15, you will get less of it.

Either you are wrong, or I am wrong.

Can’t have both, UNLESS something not in these simple examples is causative.


9 posted on 10/19/2019 5:32:39 AM PDT by Macoozie (Handcuffs and Orange Jumpsuits)
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To: Macoozie

If the market rate for something is 10, and you artifically raise a price to 15, you will get less of it.

Actually if you are the seller and you raise the price you will SELL less of it. If the buyer raised the price he would “get” MORE of it.


28 posted on 10/20/2019 6:27:26 AM PDT by RipSawyer (I need some green first and then we'll talk a new deal!http://www.freerepublic.com/focus/f-news/3763)
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To: Macoozie
You are not looking at correctly. Look at the graph below. The unemployment rate for low skilled workers( 16 - 24 Y.O.) remains constant throughout history since 1950.


31 posted on 10/21/2019 5:53:01 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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