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2/13/2013 5:22:52 PM
61
Obama To Push For Minimum Wage Increase
[url=http://money.cnn.com/2013/02/12/news/economy/obama-minimum-wage/]From his State of the Union[/url]... up to $9/hour. Some states already have minimums above this.
What do you think pseudo-economists of Bungie.net? Good idea or bad idea?
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3 RepliesEdited by DeclinedA1: 2/14/2013 12:52:13 AMIt is basic supply and demand. If the price of labor is placed above the equilibrium price, it will create a surplus of labor, thus resulting in more unemployment.
