Rustic
Diamond Member
- Oct 3, 2015
- 58,769
- 5,895
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- Banned
- #81
You don't understand profit loss do you? shitheadAll additional money any minimum worker makes will get spent, going back into the economy. The health of any economy depends on continued circulation of money, just as the health of water depends on circulation. The more it stagnates the sicker it gets.
I think the increase to $15/hr is too much, it should go to $12/hr then after another 4 years to $15/hr. But this, like every increase in the minimum wage will over time be absorbed into the economy.