Minimum Wage Used For Political Scores

[MarketDiver]

Politicians advocating for minimum wage are doing it to make them look good,
savior of the poor and virtue signalling.

Those who fall for this 'sound good' policy would likely to vote the politicians pushing this policy,
without realizing or understanding the impact it has on the economy and society.

 

[UsualName]

I watched this with my coffee this morning and noticed a huge flaw in the case these two present, they claim that between 1 and 3% of the workforce make minimum wage, which is true but they fail to talk about the actual amount of workers that make just a little over minimum wage.

And this is how you should tell if people are intentionally deceiving you. There is no real difference between minimum wage and minimum wage plus $.50 an hour. Anyone with actual unsheltered life experience understands this.

Real economists, not political economists, like these two are, understand this dynamic and the impact minimum wage has on all wage earners.