Some acquisitions may lead to a loss of jobs, but on the whole they make companies more productive, create higher-wage jobs and help pay for the current-account deficit.
ECONOMIST: Foreign investment
2.
The minimum wage has the most serious impact on the least productive workers who are likely from poor families.
FORBES: Obama's Minimum Wage Hike: A Case Of Zombie Economics
3.
You can arrest bosses if they pay less than minimum wage, but there is no way to make them hire the least productive if doing so is a money loser.