/biz/ - Business & Finance

>>4542227
>thinking everything is free
>pays massive taxes

you'll learn son

>>1818822
raise minimum wage -> worker has more to spend.

This is where the magical thinking happens. Where does this extra money come from? The government can just command more money into existence !? Amazing! let the govt put the minimum wage at $100 p/h and we can all be rich!

Back in reality, the employer is forced to put his prices up, because his wage cost have been forced up. Or he just makes the job redundant.

The minimum wage makes society poorer, because all goods and services become more expensive.

Read this (pic related).

>>1813546
yeah. I'm rich and I still wear old underpants with holes in them, because I can still squeeze a few more months use from them.

Part of the reason I'm rich is that I'm tight as fuck, and never waste a penny.

>>1799710
learn basic economics

and stop being a communist you faggot

>>1733100
You probably learned this shit in school, or reading Paul Krugman. This is a great example of the ivory tower nonsense that passes for economics these days. And you're wrong BTW

>>1703455
this should be on the lst

>>1700418
College in general is a waste of time and money, with a few exceptions.

Better to be self taught.