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re: Minimum wage battle is going to destroy small businesses!

Posted on 4/2/24 at 2:12 pm to
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
263198 posts
Posted on 4/2/24 at 2:12 pm to
quote:

Why do you think the value of a man's labor shouldn't rise to match that


Increased productivity has come from technology, not labor.

Employers will simply invest in more tech and less labor.

Employers purchase less labor when the price increases.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35691 posts
Posted on 4/2/24 at 2:17 pm to
quote:

Increased productivity has come from technology, not labor.



But you still need labor to install, run, optimize and maintain the tech.


Man, some people really do hate the supply demand curve around here.
Posted by fr33manator
Baton Rouge
Member since Oct 2010
124908 posts
Posted on 4/2/24 at 2:36 pm to
I'm not worried so much about the bottom minimum, more so that when they artificially inflate that to combat the rampant inflation they also created, they don't respond by boosting up the other levels, in what essentially amounts to a demotion.

frick this economy and this bullshite
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