RE: Why $15 an hour minimum wage SUCKS
December 17, 2020 at 12:38 pm
(This post was last modified: December 17, 2020 at 12:39 pm by BrianSoddingBoru4.)
Long term, a greatly increased minimum wage would:
-Increase economic activity
-Lower production costs
-Lower tax expenditures
-Increase tax revenue
-Lower housing and medical costs
I only know this because that’s exactly what has happened every time and in every place minimum wages have been increased. It seems as though the economic devastation we’re warned of EVERY SINGLE TIME a minimum increase is proposed is conspicuous by its absence.
In fact, the only arguments against requiring a living wage all seem to being either specious or simply false.
Boru
-Increase economic activity
-Lower production costs
-Lower tax expenditures
-Increase tax revenue
-Lower housing and medical costs
I only know this because that’s exactly what has happened every time and in every place minimum wages have been increased. It seems as though the economic devastation we’re warned of EVERY SINGLE TIME a minimum increase is proposed is conspicuous by its absence.
In fact, the only arguments against requiring a living wage all seem to being either specious or simply false.
Boru
‘I can’t be having with this.’ - Esmeralda Weatherwax
