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Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi:

 
 
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Old 01-15-2018, 03:52 PM   #1
Jim in CT
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Join Date: Jul 2008
Posts: 20,441
Quote:
Originally Posted by spence View Post
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.
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