Question for Minimum Wagers

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that penny picking job is BAD for the economy, even assuming the pennies are a real good like produce.

it is bad for this reason...there are TONS of other jobs that are available that would profit by hiring an extra person at more than 5 dollars an hour. most low paid employees could be paid significantly more and the company would still be profitable. and if it isn't worth hiring people to pick produce at 5 dollars an hour, then it is obvious that consumers don't really want that produce. but companies would be profitable selling less produce at a higher price to the consumers willing to spend the dough, but of course that means less employment. and until the minimum wage law has a significant impact on employment in the aggregate, it is a GOOD thing for society, because it maximize the utility of labor.

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Hee Haw good is bad. bad is good. no money is better than money. up is down

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it is bad for the economy because it is a waste of labor.

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SO the people that would be doing this job are turning down other jobs to come take this job?

Is this what the min wage supporters believe: "You guys are too dumb to take a job that pays $7/hr over one that pays $5/hr, so we neeed a law to protect you from the greedy guys that will trick you into passing over a higher paying job."