One person argued with me. But if there is anything economics, experience, and common sense, tell us is that people and companies react to higher prices by buying less than they otherwise would have bought. One can find words to muddy the waters, but there is no getting around the reality.
If we want free trade with china etc... we will have to kill min wage PLUS and this is even more IMPORTANT, KILL the OVER REGULATION of Businesses and Individuals by the federal beer-o-crap-cies.
i had one liberal tell me businesses wouldn’t be able to be in business without government, because government made the money. he worked for the post office... he was laid off...
i could see why.
While minimum wages may increase the amount of money in one’s pocket, they ultimately end up with less buying power. Because those higher wage costs get added into the products and services rendered.
The inordinate minimum wage increases bare at least in part designed to bring the benefits of Government Subsidized living to more and more people and to gradually eliminate unskilled labor from the workforce thuse creating a permanently larger underclass of Democrat voting welfare recipients.
Minimum wage is what I have to pay you, it is all I have to pay you.
Minimum wage isn’t the minimum ALL jobs are paid, it is the minim job allowed to be performed. Any job not worth minimum wage isn’t allowed to be performed, so many jobs are killed off.
Portland Maine is busy trying to become Hartford Connecticut.
Citizens there are trying to implement rent control.
Most of the smart money left the city.