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POSTED ON January 30, 2023  - POSTED IN Guest Commentaries

There is a relentless push to raise the minimum wage, both at the state and national levels.

Minimum wage advocates somehow think that their wishful thinking can override basic economics. But no matter how much they tell you otherwise, supply and demand are a thing. Raising the cost of labor will mean less labor employed, all other things being equal.

But every so often, we get an economic study that claims basic economics has been overturned.

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