phil-grant blogspot.com

Managing Human Motivation

Sunday, April 6, 2014. The Fallacy of Minimum Wage. Raising the minimum wage is good for the party in power in an election year because it makes employees feel good, or experience higher satisfaction. But that sensation is very short-lived. It lasts about long enough to get those, who voted higher wage, reelected. And so on. All these factors combine yielding a lower demand for labor and a greater supply of labor which creates a larger labor surplus supply minus demand, or more unemployment, than.
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Managing Human Motivation

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Sunday, April 6, 2014. The Fallacy of Minimum Wage. Raising the minimum wage is good for the party in power in an election year because it makes employees feel good, or experience higher satisfaction. But that sensation is very short-lived. It lasts about long enough to get those, who voted higher wage, reelected. And so on. All these factors combine yielding a lower demand for labor and a greater supply of labor which creates a larger labor surplus supply minus demand, or more unemployment, than.

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This web page phil-grant.blogspot.com states the following, "Sunday, April 6, 2014." We saw that the webpage said " The Fallacy of Minimum Wage." It also said " Raising the minimum wage is good for the party in power in an election year because it makes employees feel good, or experience higher satisfaction. But that sensation is very short-lived. It lasts about long enough to get those, who voted higher wage, reelected. All these factors combine yielding a lower demand for labor and a greater supply of labor which creates a larger labor surplus supply minus demand, or more unemployment, than."

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