Well since its a phased approach you won't see too many bad things right away. But yes minimum wage increases leads to job losses. I also anticipate a lot more trashy parking lots.
Well since its a phased approach you won't see too many bad things right away. But yes minimum wage increases leads to job losses. I also anticipate a lot more trashy parking lots.
Prove it.Originally Posted by Lewkowski
Faith is Hope (see Loki's sig for details)
If hindsight is 20-20, why is it so often ignored?
http://www.usatoday.com/story/news/p...-jobs/5582779/
"WASHINGTON — President Obama's call to raise the federal minimum wage could help lift 900,000 workers out of poverty, but at a cost of as many as 500,000 jobs, according to an analysis released today by the non-partisan Congressional Budget Office."
Or you could also look at something as simple as LOGIC. Just think about it for a bit on why jobs might decrease if minimum wage is increased - just think about it, don't look anything up just consider the impact of labor costs going up for unskilled work.
It should have an immediate effect on the willingness of businesses to expand/invest new capital.
Hope is the denial of reality
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