Many people frequently complain about social safety net spending by the government. If they really want to limit it, a better choice would be to first push for higher minimum wages.
based on an increase in New Jersey's minimum wage in 1992 from $4.25 to $5.05 an hour—is one that many conservative economists, and a bigger number of conservative commentators, seem to hate. Utter rot. Why, it violates the natural laws of economics!
Instead of recognizing the limitations of their precepts to which they devote themselves as if religious novitiates, the economic lecturing crowd often feels the pressing desire to adapt the world rather than the model and come up with ever more complicated explanations of why their predictions really were correct when something else happened instead. The nerve of reality.definitive hit
The fighting comes down to details that don't overly matter. The number of food and drink service jobs in Seattle keep rising. In New Jersey in 1992, when the minimum wage jumped by nearly 19%, low-wage jobs didn't disappear.
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