Why Minimum Wage Hurts People
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Folks, this one is going to be controversial.
In this episode of Right Now Hot Takes, host Jim Rand challenges the popular idea that raising the minimum wage helps working people. With respect to good intentions on both sides of the aisle, he explains why minimum wage laws — even well-meaning ones — actually hurt the very people they’re supposed to protect.
Jim breaks down how price controls on labor price out high schoolers, 15- and 16-year-olds, recent grads, and entry-level workers who…
The skinny
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