Research has always been weaponized, most people won’t recognize it. However, you can easily spot weaponized data if the research is focused is around price. Especially, when price is used interchangeably for value. This is the biggest trick in the book. Price is just a communication tool between supply and demand. It, in of itself is not value. Regarding the minimum wage debate, price controls have never been used to raise pay. They have always been a legislated attempt to price people out of the market.
The real minimum wage is $0.
The real minimum wage is $0. This is indisputable because that is the state of being unemployed.
Even if you are on help or have savings to use, you are not trading your labor for money. That is what a wage is. If the quoted “minimum wage” is $13/hr, the all you are saying is no one is allowed to hire you between $0/hr and $13/hr. That range is now illegal.
So there’s a remarkable sharp cliff to where employment just cannot happen. Labor is a resource, just like buying vegetables from a grocer. If a law is enacted that all groceries are to be sold for no less than $13, then you’re in quite a bind. If you have valued brussel sprouts over $13 before the law is enacted, then you might not act so drastically to this change. But if used to value grapes to be less than $13 before, then you’re going to really evaluate if you will buy grapes again.