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Message
Posted on 7/19/19 at 2:13 pm to Mingo Was His NameO
quote:
Wages are not just like "every other price in the market"
Not even close to being true.
You don't think employers are going to adjust the number of employees and/or their hours if the minimum wage goes up to $15 an hour?
Posted on 7/19/19 at 3:45 pm to Mingo Was His NameO
quote:
Wages are not just like "every other price in the market"
Not even close to being true.
How so? It is the price of labor services. For a business, if the cost of materials goes up, they will look for substitutes. What makes labor any different?
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