tebowlives
Member
- Joined
- Aug 17, 2019
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- 3,236
"Kansas economic planners also expected decreased unemployment, but that did not materialize, for a different reason. Unemployment, in the long run, is not caused by lack of economic growth or of work available for unemployed workers to perform; it is instead caused by artificially high wage rates at the low end of the wage spectrum (i.e., minimum wage, union legislation, etc.)."
https://mises.org/mises-wire/why-kansass-tax-cut-failure-really-success
Why would they say that when it did go down?
2012 5.7
2014 4.5
2017 3.6
https://www.statista.com/statistics/189431/unemployment-rate-in-kansas-since-1992/
https://mises.org/mises-wire/why-kansass-tax-cut-failure-really-success
Why would they say that when it did go down?
2012 5.7
2014 4.5
2017 3.6
https://www.statista.com/statistics/189431/unemployment-rate-in-kansas-since-1992/