Why Didn't You Just Say It Goes Up?

Economics says that responses are stronger over a longer time frame. If you say the minimum wage is going to cause disemployment, suddenly you should believe there will be at least that much disemployment that will be caused over the long run. That's why i call it a demagogic theory of the minimum wage. This one where, on the one hand, you want to go and pretend like any one who opposes the minim wayjus hates the poor. Same people that are pushing throg the laws themselves believe this very secretly in their hearts.