Ep. 528: The Mega Eclectic Episode with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Impact of the Minimum Wage Law on Employment Opportunities
The minimum wage law is to discriminate against the employment of low skilled workers. In 1948, black teenage unemployment was 9.4%; today it's over 40%. The labor force participation rates of blacks were greater during the 40s and 50s than whites. Minimum wages are one of the most effective tools in the arsenal of racists worldwide.
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