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re: Bank Of America - Minimum Wage to be $25 hr/50K yr
Posted on 9/20/23 at 10:52 am to justaniceguy
Posted on 9/20/23 at 10:52 am to justaniceguy
It's a pie in the sky dream - if you increase the minimum wage, then minimum prices for EVERYTHING will increase.
If the worker now make $25/hour to make my hamburger - My hamburger will now cost like $10 so that the company can still profit.
Hence no real world gain for anybody. Workers make more, but everything will cost more so they'll still be poor.
If the worker now make $25/hour to make my hamburger - My hamburger will now cost like $10 so that the company can still profit.
Hence no real world gain for anybody. Workers make more, but everything will cost more so they'll still be poor.
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