daveman
Diamond Member
- Jun 25, 2010
- 76,425
- 29,444
Soon, some idiot leftist will demand a law preventing companies from passing along increased costs to consumers.What those in support of instant wage increases to "living wage" do not understand is that wages do not exist in a vacuum. If wages dramatically increase, so would the cost of goods and services. As labor is the largest portion of the cost of doing business, higher pay means higher prices. At the end of the day, those on the lower end of the wage scale would be right back at square one.
Look, the last time minimum wage was raised, bread and milk prices rose immediately.
It was just a coincidence! HONEST!!
Nah, it was 'corporate greed'.