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briandmyers · 3906 days ago · link · · parent · post: Hubski: what would happen to American labor and industry if the minimum wage was completely abolished tomorrow?
They are already making as little as the law allows. Surely if the law were removed, at least some of those 5% will begin making even less.
I suspect it would do nothing much for most workers, as you say - but it would be a kick in the nuts for those 5%, not "very little change".My guess is that for those 5% very little would change.
