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re: Bill Clinton: I Know Why American Incomes Are Stagnant

Posted on 9/29/14 at 5:16 pm to
Posted by RollTide1987
Augusta, GA
Member since Nov 2009
65147 posts
Posted on 9/29/14 at 5:16 pm to
I am no economics professor, but if we were to raise the minimum wage to say $15.00/hr doesn't that mean companies would either have to cut jobs or raise prices in order to be able to afford the new bottom line?

Posted by UsingUpAllTheLetters
Stuck in Transfer Portal
Member since Aug 2011
8513 posts
Posted on 9/29/14 at 5:18 pm to
Yep.
Posted by beebefootballfan
Member since Mar 2011
19083 posts
Posted on 9/29/14 at 5:19 pm to
I'm all for raising min wage. Maybe it will get my wife to making sandwiches again instead of depending on others to make them for her.
Posted by Retrograde
TX
Member since Jul 2014
2900 posts
Posted on 9/29/14 at 5:21 pm to
I would take raising the minimum wage with lowering corporate income tax. Chances of seeing corporate rates go down under this administration? Nil.
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