[xenia]

Have you ever owned a business with employees? I have. It is not so simple to raise wages. An employer has to have the resources to do that, and other costs then go up as well.

And then..... the prices on the products they sell increase. Sales will probably decrease.

[FormerFRLurker]

An employer has to have the resources to do that, and other costs then go up as well.

So you're telling me the business's income remains the same but its costs go up? Wow, I wonder what that's like. /s

See the graph on post #41.

Sales will probably decrease.

But if everyone is getting paid more then everyone also spends more, including on your business's product.

[FormerFRLurker]

Oops, graph's key got cut off. This is the graph I meant to post.