Sign up, and you can customize which countdowns you see. Sign up
Jul 17, 2019
6:18:56am
coug almighty All-American
Middle class aren't benefiting from minimum wage increase.
Obamacare, increase in employee benefits, didn't shift to consumers it shifted costs to workers in the form of less hours.

Obviously nothing is cut and dry, there will be people who win and lose. Workers in economies or industries with low margins will certainly be reduced.

Thomas Sowell, the economist, was a staunch progressive before he joined the department of labor instituting minimum wage laws in Puerto Rico, what he saw was the complete opposite of what you described. In more modern day examples Seattle's minimum wage law has seemed to have a net zero effect at best--net zero in that it has helped some and hurt some.

This message has been modified
Originally posted on Jul 17, 2019 at 6:18:56am
Message modified by coug almighty on Jul 17, 2019 at 7:04:24am
coug almighty
Bio page
coug almighty
Joined
Jul 28, 2007
Last login
Aug 25, 2020
Total posts
10,259 (14 FO)
Messages
Author
Time

Posting on CougarBoard

In order to post, you will need to either sign up or log in.