Wouldn’t it make more sense to cut back on the so-called “Stimulus” and “unemployment” handouts?
The wages risen results in more taxes paid. It is pesudi-commujidm without calling it that.
And inflation will follow
Higher labor costs mean that cost gets passed on to the consumer. Which means as prices go up, our buying power goes down
There is nothing Liberty cannot screw up
There is a restaurant chain names Sheetz?
lol!
Democrats might have to find some additional incentive to keep people from working for anyone else but them.
$15/hour is just the beginning.
In a year the average low-wage job will be $25/hour.
And a pound of bacon $7.
I am overjoyed I refi’d at 2.0% fixed. I can’t imagine a better investment.
Nobody will ever see that rate again. And home prices will surge just like bacon.
Which translates into higher costs at the restaurant for the customers.
Back door 15 dollars an hour;
1) Set generous unemployment to approximate the earnings of 15 dollars an hour.
2) Make it a net loss for anyone to get a job.
3) Employers must pay 15 dollars+ to attract someone.
4) Employer hires fewer people and goes with skeleton crew.
5) Populace becomes lazy.
6)Legalize weed everywhere you can, to increase laziness.
7) ruin educations for a solid year.
8) Censor all news so they don’t start adding things up.
An ambitious person today might be able to weasel his way into a gig that he might not have been able to land a year ago...
Pay mor? Geneus. Who wuld have thunk that wud git mor werkers...
Backdoor minimum wage hikes without having to pass any new legislation. All under the guise of helping struggling families (who are only struggling because the state governments shut down their own economies).
And prices will go up separate from market force making it artificial. This is in no way a good thing.