Trump does not know economics
Posted on: February 9, 2019 at 09:00:55 CT
ummmm MU
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His support for tariffs is Exhibit A.
Also, textbook economics doesn't suggest that a minimum wage can work or is a good idea. So, when the employees are fired and prices are raised because of the minimum wage, that's textbook economics rearing its head.
Economics is a descriptive, not a prescriptive discipline.
Edited by ummmm at 09:03:00 on 02/09/19