this post was submitted on 11 Jul 2024
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My point is that it shouldn't be the government that decides what jobs should and shouldn't exist. A minimum wage essentially does just that, whereas UBI/NIT and eliminating minimum wage allows the market to decide what jobs are worth, and we just socialize the cost of some of those jobs (which totally makes sense for teenager jobs).
Let the market figure out the costs of things, and then have government step in to fill in the gaps.