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I just went to a micro economics lecture and the professor said that the minimum wage is causing a shortage of workers that firms want to hire.
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<p>Yeah....this sounds like a plea that has a practical solution less drastic than doing away with minimum wage. Lower the amount of money being paid to the "big dog" CEO's et al. and share some of their stack with "the shortage of workers that firms want to hire." </p>
<p>Your logic in this statement shouts: "Let us put slaves back to work...pay them a dog's wage, and work them all day while we stay/get richer than ever before."</p>