Quote:
Originally Posted by spence
I've never heard anyone claim increased minimum wage decreases demand for those workers.
As for the other. You're trying to apply a very basic theory to a very complex situation with a lot more variables.
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"I've never heard anyone claim increased minimum wage decreases demand for those workers"
Of course you haven't, because they won't say that on MSNBC.
Spence, all other things being equal, when you increase the price of something, what happens to the demand?
"You're trying to apply a very basic theory to a very complex situation with a lot more variables"
Oh. So the liberals know that the GOP tax overhaul will cost 1.5 trillion, because that's a simple calculation with no moving pieces in a world where everything always stays exactly the same.