the2real4mafol on 07 February 2013
| Baalzamon said: All raising the minimum wage does is raise the cost of employment for businesses. When the cost of employment goes up, so too does the cost of everything we buy. Its common sense, really. If a bag of chips cost you 1/100th of your paycheck now while working minimum wage, it will most likely cost you 1/100th of your paycheck after the change in minimum wage, since the bag of chips will just cost more. |
What if inflation is higher than the wages increases in the first place? Which is often the case
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