Reply To: $15 an Hour Minimum Wage

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#1771456
Ben Levi
Participant

RebYid
I do not think that you read my post.
a) As explained a price floor on the price of bread does not lead to an increase in the price of peanut butter and jelly

b) A price floor on bread does not eliminate the opportunity of a job jobs for Peter to increase wages for Paul.

c) A price floor on bread does not eliminate bread for those who cannot afford it as there is Food Stamps etc.. While a minimum wage floors eliminate jobs for unskilled laborers.

To understand why please read my previous posts.