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In reply to the discussion: 15$ min? [View all]

ryan_cats

(2,061 posts)
4. In
Wed Nov 11, 2015, 12:40 PM
Nov 2015

In all the tender hearted bleating on this issue, no one seems to have a clue what the unintended consequences are, except me.

A few:

Costs will go up, will people pay $10 for a Big Mac? Yes, I saw the worthless study where someone with a vested interest said a minimum wage hike would only raise prices x%.

Low paying jobs will soon be automated. Seen the new Ipad kiosks at tables???

Down the road the government will see an increase in taxes paid and will see a clear path to more revenue in a lovely feedback loop.

So go for it, lower the already low standard of living for the working poor, what really matters is that you felt better doing it.

Others, will do what they always do, work towards a better living standard through education and hard work.


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