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Supply, Demand Really Sets Employees' Wages

June 13, 2004

Whether you like it or not, the natural laws of supply and demand will win out over laws passed by well-meaning legislatures every time, and there's nothing anyone, even liberals, can do about it ("Assembly OKs Wage Increase," May 27).

In the long run, people get paid what their skills are worth to an employer -- no more and no less.

Setting a higher "minimum wage" does no good for anyone except the liberals who sleep better at night with the (false) belief that they have done something good for poor people (or at least have won their votes).

Richard Showstack

Newport Beach


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