re: #142 Martinsmithy

Uh, quoting Cato and Heritage isn’t really supporting your argument any. They don’t have credibility.

The first link is also a ‘free-market’ think tank. The last is font-screwy.

The immediate effect of a minimum-wage policy certainly destroys jobs— the jobs under the minimum wage. These aren’t jobs that pay wages that one can live on.

The long-term effect can be to raise jobs, by increasing domestic purchasing power and increasing the velocity of money.