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Minimum wage hikes harm the least skilled workers! Government-mandated minimum wage hikes hurt the lowest-income earners because they reduce the number of beginner-level jobs overall and slow the rate at which remaining jobs become available. Amazingly, advocates for this political malpractice admit both of these negative impacts! The stated intent of the mandated wage hike; to “give” greater purchasing power to minimum-wage earners is absurd on its face: The lowest wage affords lowest-wage purchasing power no matter what number is affixed to it; Its relationship to the broader economy is not changed by…Read more …