That is not what I said. I said you can’t legislate away the law of supply and demand. You can’t, you just can’t. Doesn’t work that way.
Example, I was a c-store manager several years ago during the last forced minimum wage hike. Corporate immediate froze all perform raises then they began a methodical increase in every candy bar, stick of gum, soda pop, pack of smokes, etc, until their bottom line was back where it was before the forced wage hike. Everybody paid more including the minimum wage employees and in the end corporate made what they always made. Consumers paid for the hike, nullifying the forced wage hike until equilibrium was once again reached. You can’t and never have been able to legislate away the economic law of supply and demand. Period.
Yes, Like I said the "Law of Supply and Demand Is What It Is". I don't disagree with you. But the other points being made were that the Goberment can and does to some extent manipulate supply ( supply of money, supply of commodities, supply of goods ). In the end "The Law" equilibrates and things balance out. My point is that even though the Government Legislates things that affect quantities or levels of supply and demand DOES NOT eliminate The Law of Supply and Demand just the x and y axis. Thats why I think everyone is on somewhat the same page.