Comment: You fail again

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In reply to comment: Fact, (see in situ)

You fail again

I'm only surprised that I thought you could learn. But I can learn.

Again there are only two possibilities.

As you stated, it's possible that employers are earning 'excess' profits and can afford higher wages and still remain solvent. This is the left wing argument.

It's possible they aren't and the wages if forcibly raised will disemploy people. This is the right wing argument.

I think the first is true.

In neither case is minimum wage the solution. In either case removing barriers to becoming employers is the solution. That will raise wages and employment rates.

The fact remains the only reason monopsony profits are being reaped is because government prevents people from becoming employers thus driving down wages. That process will only continue and accelerate if minimum wage is raised.