minimum wage
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Having a lower-paying job is not 'exploitation' for many people who are struggling. A lifeline, really. -
A simple lesson in microeconomics is enough to show a student that raising the minimum wage is usually a bad idea.
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Minimum wages hurt the economy, though there are different ways to measure how much damage they do. It would be better not to have any minimum wages.
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So, recession it is, right? Not so fast.
