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WE NEED TO ABOLISH POLICIES THAT WERE FOUNDED ON RACISM AGREE. LET'S START WITH THE MINIMUM WAGE LBERTARI https://archive.is/M4gY 10:17 PM-28 Jul 2017 36 Retweets 161 Likes 161 14h Replying to @ Really? Kind of makes sense when you think about it. 13h 13h I'm inexpert with economics on a fundamental level, so maybe you can tell me what it means that the minwage isn't indexed for inflation? Do- 13h es that just mean that it further deteriorates the economy by pushing more S into an economy that is almost literally sticking its nose up? 13h Well the short form is this: price fixing results in marker distortion. Min wage laws started as a way to hurt minority workers. > 奴 13h who could compete with the majority and bias towards the majority by working cheaper. Now the price of bias is gone. > 13h However the main issue is a price floor of a service pushes out service that isn't necessarily worth the price floor. > 13h < in this case hurting the young and the poor. Keeps them from building job skills and a work reputation. 13h Aside from that the jobs most commonly affected by the unavoidable price hikes are goods and services used by the poor.> 13h <Thus increasing their cost of living. All while reducing their kon prospects Clever 13h So, instituting the minwage hasn't helped the poor or young, it's just created justifications for red tape and hoops? 13h Pretty much Even its proponents will say its had "no effect" on unemployment. Which is odd Unemployment statistics are a whole other 1

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The republicans are voting to abolish the IRS If they want that why didn't they do that when they had both houses? MUH FREEDOM MEMES
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Uploaded Jul 29, 2017 at 10:52PM EDT

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