High mandated minimum wages will throw people out of work and onto the welfare rolls in cases where unemployment benefits exist. When it comes to welfare payments, they obey the laws of economics, too. Indeed, if something - like unemployment - is subsidized, more of it will be produced.

Steve Hanke

Benefits Cases Economics Exist High Indeed Laws Like Minimum More Obey Onto Out Payments People Produced Rolls Something Throw Too Unemployment Wages Welfare Where Will Work

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