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The Minimum Wage Should Be Zero Dollars
One of the many schemes' governments use to bleed people dry like tax cattle is that of the minimum wage. All this system does is devalue skilled labor and drive unskilled laborers out of the work force due to an inability to meet value creation requirements set by the ever-increasing standards laid at the feet of the employers who must pay more money for less value. This further diminishes their profits thus removing their capacity to provide further employment to unskilled laborers in search or job experience which in turn lowers the available work force due to arbitrary restriction set by the state.
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Sources--------------------------------------------------------
Office of Governor of California Tweet: https://twitter.com/CAgovernor/status/1708547463681061356
Nina Turner Tweet: https://twitter.com/ninaturner/status/1707384894215557320
Nina Turner Tweet 2: https://twitter.com/ninaturner/status/1708908474162184672
Wall Street Silver Tweet: https://twitter.com/WallStreetSilv/status/1708814082592424173
John Stossel Tweet: https://twitter.com/JohnStossel/status/1707830854188413350
The Guardian Article: https://www.theguardian.com/business/2022/dec/23/mcdonalds-automated-workers-fort-worth-texas
Mises Article -
Minimum Wage, Minimum Tax: https://mises.org/library/minimum-wage-minimum-tax
Mises Article - Minimum Wage, Maximum Discrimination: https://mises.org/wire/minimum-wage-maximum-discrimination
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