United States Politics: ∆τ_i*ε*φ*m_i<0 where ε=4 and φ=0.25

[benji]

If that pattern continues in major cities that have adopted higher minimum wages, the impact on employment and on the poor, specifically, may be profound. So why do Democrats keep proposing something so counterproductive?

One explanation is economic illiteracy.

...

Another explanation is that Democrats’ political allies, specifically Big Labor, benefit from higher minimum wage laws. When the minimum wage goes up, they are better positioned to negotiate higher wages on non-minimum-wage jobs. If employers relent without a corresponding increase in productivity, they, too, will have to hire fewer people.

KWEEN

edit: lmao she doesn't even post on Threads very often, she's posting constantly on Twitter amazing