[proxy_user]

What is interesting is WHY productivity goes up when the minimum wage is raised.

It seems that when they pay more, employers are able to hire better workers who work harder. That means that fewer of them are needed, so the wage bill is about the same. It’s a win-win, right?

Wait, how about those poor dumb guys who have the jobs now?

[KarlInOhio]

It seems that when they pay more, employers are able to hire better workers who work harder. That means that fewer of them are needed, so the wage bill is about the same. It’s a win-win, right?

Also it becomes relatively cheaper to automate rather than hire people. Have one employee working a chopping machine rather than ten cutting by hand.