Any time I come across the issue of the minimum wage, I think that there is absolutely nothing more to say about it. It has all been said. The data is all there. Then I get struck again by the incredible degree of the political opportunism, cynicism and sleaze. Yes, I am talking about Kathleen Wynne.
No self-respecting economist would argue for the ‘benefits’ of the minimum wage. The idea has ZERO economic value, it is purely political. If you want to see just one set of arguments, you can read my posts on it (Minimum wage – Maximum confusion – A perfect storm – Maximum defense).
