Wednesday, April 22, 2015

With coercion, nobody wins unless someone else loses

This article, All Pay Raises Are Not Created Equal by Jared Pincin & Brian Brenberg, is pretty standard economics but there is a chrystalizing statement which is worth capturing.
Rising wages driven by a growing economy mean more opportunity for both businesses and job seekers. But when politics is behind a pay increase, nobody wins unless someone else loses.
I don't have much to add. Simple and true.

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