Warren Buffett thinks a $15 minimum wage will 'reduce employment in a major way, crushing many workers'
The issue was raised in the Nashville Mayoral race by Megan Barry, who supports what she calls "a living wage," one that is set by the government. The only candidate on the same side of the issue as Buffett is David Fox.
In case you have forgotten Chapter 2, a minimum wage outlaws voluntary wealth creating transactions at prices below the minimum, which reduces welfare.
BLOGGING DISCLOSURE: I support Fox (previous post here).
Such a cool guy, I wish I got have got in his place, as I also want to become a big trader, I am on my way thanks to OctaFX broker and their mouth-watering schemes especially the 50% bonus on deposit, it’s just too good for anyone while I am of course sad about this news as it is always bad for people, I wish there is some improvement on this, so it can benefit everyone to get the results working for them!
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