tag:blogger.com,1999:blog-3758330678390419129.post4609142207618360124..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: How to Smash Slick Lefties Who Advocate the Minimum Wage Robert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-3758330678390419129.post-68022689542957186992017-07-24T08:50:47.001-04:002017-07-24T08:50:47.001-04:00@Matt
I assume you meant to say "the people ...@Matt<br /><br />I assume you meant to say "the people who remain employed", not unemployed. And there are many issues with that logic. But for me the most obvious would be that, in order for aggregate demand to increase, aggregate productivity would also have to increase. This means that the people remaining employed would not only have to realize an increase in productivity, but Anonymoushttps://www.blogger.com/profile/11968441656658845395noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-22058800347336839572017-07-24T05:48:02.791-04:002017-07-24T05:48:02.791-04:00You are correct that we are not likely to convert ...You are correct that we are not likely to convert those who are either knowingly lying or have so deceived themselves to believe economic fallacies. The audience is always those people that are looking, seeking and listening for truth. <br /><br />As Wenzel mentions in the last 30 seconds...<br /> <a href="http://sunday.cloud" rel="nofollow">http://sunday.cloud</a>Thane Eichenauerhttps://www.blogger.com/profile/12848580360960232789noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-84040070426949103712017-07-24T03:47:34.012-04:002017-07-24T03:47:34.012-04:00Raising the minimum wage is always explained as ma...Raising the minimum wage is always explained as making an employer pay more. But, it is equivalent to say it is a restriction on the employee. The prospective employee must demand the minimum or refuse to work, enforced by the state. That doesn't sound so good.<br /><br />Assume some employees do get more pay. This doesn't change their productivity, so the company does not produce more toAndrew_M_Garlandhttps://www.blogger.com/profile/02855052302054611917noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-26968015450633984932017-07-23T22:43:21.054-04:002017-07-23T22:43:21.054-04:00You're not going to win over lefties with logi...You're not going to win over lefties with logic and reason.Jessehttps://www.blogger.com/profile/10970586845001280417noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-57345027693861718162017-07-23T17:23:43.289-04:002017-07-23T17:23:43.289-04:00Look forward to watching this when I get out of th...Look forward to watching this when I get out of the stinking North Woods and back to hi speed intraweb.Capn Mikehttps://www.blogger.com/profile/08133441332228302495noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-60701777794889851182017-07-23T11:17:53.192-04:002017-07-23T11:17:53.192-04:00Nice to see you entering into the youtube space. ...Nice to see you entering into the youtube space. Keep it up.Anonymoushttps://www.blogger.com/profile/13176745774051281123noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-7170002138734647482017-07-23T10:22:39.819-04:002017-07-23T10:22:39.819-04:00Bob, what is your response to the lefty response o...Bob, what is your response to the lefty response of "the people who remain unemployed now have more money SPEND which will help everyone else (create more demand etc)".<br /><br />Totally BS of course but curious to know how you would approach it.Matthttps://www.blogger.com/profile/01448728747962945050noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-65934402177734348912017-07-23T08:08:58.675-04:002017-07-23T08:08:58.675-04:00The slice off of production from forced unemployme...The slice off of production from forced unemployment got me thinking of the black market and even Mises saying capitalism breathes through loopholes. Maybe an episode or two on loopholes and/or black markets not being "bad".<br /><br />Thanks, Eric Morris Veterans for Peace Indianapolishttps://www.blogger.com/profile/15927156876347502654noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-45761444992426532862017-07-23T06:31:21.647-04:002017-07-23T06:31:21.647-04:00Good stuff, very interesting approach to explain t...Good stuff, very interesting approach to explain this. Dexter Morgan the Greathttps://www.blogger.com/profile/18300560113089656011noreply@blogger.com