supply and demand isn't in theory, it is in the real world
Increasing minimum wage does not lead to higher unemployment
it's for every market
It does
there is a shortage of demand
excess supply
you cannot argue with the laws of economics
That's not a law, lol
Anything that artifically increases wages, when the market isn't doing it, will cause shortages
It is a law
supply and demand
is literally a law
of economics
Increasing the minimum wage hasn't lead to more unemployment
Oh my god
dude
It has for one
and secondly
it does
whats so hard to grasp about that?
You haven't read economics and have gone off bernies twitter
I seriously can tell
Neither has he understood economics
You are the one who clearly has no understanding of economics. Increasing the minimum wage has not lead to more unemployment
If we have a higher minimum wage and strong unions, they won't be able to cut wages
It will jusr cause unemployment
except increasing minimum wage has shown to lead towards unemployment
you're literally arguing with laws of physics in a sense, saying it's not real
@Neco2040 Since I doubt you understand economcis
I'm going to test you
Can you define a market?
Literally McDonalds fired a ton of employees and replaced them with robots when they were forced to increase wages
There is alot of studies showing such
but the main evidence is supply and demand
Which denying is like, denying the laws of physics and saying you understand physics
It hasn't caused unemployment
It has and it does
the supply and demand curve proves it
Neco can you define a market?
