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Re: Minimum wage




PJShah wrote:

> The arguments against the minimum wage are quite well known.  . . .

> Low-skilled people who are
> the supposed beneficiaries are hurt the most.  . . .

> its [min wage's] alleged benefits flow not at the cost of "exploiters"
but at
> the cost of some other poor folks.

Could you explain further?
How does paying below subsistence wage benefit anyone
but the person paying out the wage at the expense of the wage earner?

-Charu



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