What Minimum-Wage Foes Got Wrong About Seattle

Discussion in 'Economics' started by Banjo, Oct 24, 2018.

  1. Banjo

    Banjo

  2. prc117f

    prc117f

    Well a company is not going to cut workers they need in order to sell goods and services for profit. They might have to cut down on less yachts or maybe not buy that mansion in paris etc..
     
    murray t turtle likes this.
  3. zdreg

    zdreg

    there is always fat that can be reduced in a company. there is always jobs that can be automated out of existence.
    your post shows that you are guilty of the sin of envy.
     
  4. Sig

    Sig

    Now if you disagree with him you're a "sinner". Gotta love the fundie religious zealot view of the world!
     
  5. https://www.inc.com/magazine/201511/paul-keegan/does-more-pay-mean-more-growth.html
    His minimum wage is $70k per year and conservatives said he would be out of business in no time. Of course Conservatives say if you cut taxes there will be a flood of income and enough to pay off the national debt, of course there not very good with numbers.
    https://www.forbes.com/sites/amberj...uccess-after-his-70k-experiment/#5c80932174b6 Business has grown, wow conservatives are wrong again, yet they keep espousing the same old tired ideas that have been tried and failed, repeatedly. I know at least one snapper head will say lets just make minimum wage a million dollars, geez.