Raising the minimum wage.... Is that good for workers?

submitted by In-the-clouds from (midi.moe)

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[–]Alan_Crowe 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

"Minimum wage" is not the kind of thing that you can raise or lower. It is a restriction. The government makes it tighter or looser.

Will making the restriction tighter work through the economy to the benefit of some, at the expense of others? Probably. Who? Whom?

The sneaky language of raise rather than tighten is enough to warn you that the restriction is negative sum.