@Fat_Electrician 2/2 basic understanding of the impacts of the minimum wage might not be as precise as we want it to be. Which makes the decision more murky and us less able to make a pronouncement that any one strategy on the minimum wage is the best.
@Fat_Electrician It is one of those difficult issues where economics and morals come into conflict. No one wants people to starve or have 'peasant' lives. However, paying people more than the value mis-allocates scarce resources. Also, the Card and Krueger study makes the claim that our 1/2