Quote:
Originally Posted by dellinger63
Guess no job is better than working for under $15 especially when a machine can do the job better. Although what a bonanza for skilled workers who will develop, manufacture and service the machines. Amazing how the government f'k's up virtually everything and anything it gets involved in when it pertains to private business but at least there's somewhat of a happy ending to this move, for everyone but minimum wage earners. 
http://conservativetribune.com/la-ra...ge/#more-78965 |
Except of course that none of the states who have raised the minimum wage so far have seen their economies come crashing down and it's unlikely LA will, either.
http://www.thenation.com/article/181...age-kill-jobs#
As this article points out, the answer to "does raising minimum wage kill jobs" is pretty clearly, "no." It actually has little effect on job growth. Doesn't hurt, doesn't help. But low-wage workers with more money in their pockets is a good thing, as they'll have more money to put back into the economy as consumers.