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Column: The claim that if wages go up, jobs will go down isn’t a theory; it’s a scam

The claim that if wages go up, jobs go down isn’t a description of reality at all. It is a negotiating strategy used by employers to keep wages down and profits high, writes billionaire venture capitalist and $15 minimum wage proponent Nick Hanauer. Photo by Brendan McDermid/Reuters Editor’s Note: This column is reproduced with permission from democracyjournal.org. Find the original story here.
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