tag:blogger.com,1999:blog-8529580665294663953.post1832186865046840538..comments2023-10-27T04:26:57.609-07:00Comments on InvestorCentric: Could A Lower Minimum Wage Boost Jobs?NuWire Investorhttp://www.blogger.com/profile/02512928198926080436noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8529580665294663953.post-73350090686705266922010-01-21T08:39:05.186-08:002010-01-21T08:39:05.186-08:00Fallacy with the fallacy: why is there an assumpti...Fallacy with the fallacy: why is there an assumption that current wages would decrease? If the lowering of minimum wage applied to anyone entering the work force (or starting a new job), businesses can hire more employees at a lower rate to produce more products/services. Any good business is looking to drive more performance (hence the reasoning for outsourcing to cheaper labor). While at it, dramatically lower the taxes on business to allow them to have more cash flow to circulate in the market.Anonymousnoreply@blogger.com