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What I think would be interesting to see is some sort of realistic modeling done with no minimum wage; I don't know what tools are available to do that. People like to cite the theory that people would work harder to get more money, and that companies will pay more to retain good workers, but I suspect it doesn't work out that way in real life.
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"You go to the track with the Porsche you have, not the Porsche you wish you had."
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