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The issue is two fold: Human nature and federal government applying the same cost metric across all States.
I have not done a deep dive on the numbers (no one here has) but if I could have sat on my couch and made more when I was 18 than humping in the heat at a manual labor job, then uh, that would have been a conundrum.
There is simply a segment of our society that seeks the path of least resistance, of maximum gain from minimal effort. Human nature.
Real economists set the lowest unemployment figure between 3 and 4 percent. Below that, the hard core unemployed denizens exist that will never work regardless of cajoling and minimum wage fiddling.
Which leads me to the Federal Government prophylactic application of stimulus benefits (always a stupid idea) to different regions of the country without accounting for regional economic realities. It is a mess.
There is a reason the Feds do not now, nor should they ever, usurp States Rights in setting minimum wage. The differences in State and regional economies are profound.
I am sure all the Economists here will take me to the task.
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1996 FJ80.
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