HabitableZone

Off Topic » in reply to I'm no economist

It's more complicated than particular administrations.

For one thing, the minimum wage was cranked up more than once during those times, and it's natural for the number of people working at that wage or below to spike as the line is raised.

That said, the 1980s did seem to be a very good decade.

National wage controls are as idiotic as any other form of national centralized economic planning.

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