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Bill Gates: Raising Min. Wage Can Destroy Jobs

Ericka Andersen, Heritage Foundation Blog

"If you raise the min. wage, you’re encouraging labor substitution & you’re going to go buy machines & automate things, or cause jobs to appear outside of that jurisdiction. So within certain limits, it does cause job destruction. If you really start pushing it, then you’re just making a huge trade-off."

http://blog.heritage.org/2014/01/23/bill-gates-raising-minimum-wage-can-destroy-jobs/?utm_source=facebook&utm_medium=social