Quote:
Originally Posted by Devant
If it weren't for minimum wage. The market wage would be pennies an hour. (See how much they pay for child labor in Asia)
The same thing with subsidizing certain commodoties. Milk for example: if the price were not regulated by the gov't the price for 1 gallon would be upwards of $20.
Econ 101 is looking at economic scenarios, ceteris paribus.  |
No and no.
But believe what you want...I don't care and won't respond again. Arguing about it is a waste of time so you're,right