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re: Raising minimum wage
Posted on 10/22/20 at 11:38 pm to Fgiord
Posted on 10/22/20 at 11:38 pm to Fgiord
quote:
I’m not an Econ major but there is no way companies don’t go out of business if they raise the minimum wage.
All you have to do is look at Seattle, they did this and many businesses closed due to the raise.
From a MSNBC article "Meanwhile, the Seattle law has been life changing for workers like Martin Johnson, who lobbied for higher pay with the advocacy group Working Washington. He works three minimum wage jobs — as a temporary cook on game days at the city’s stadiums, as a janitor at Costco on the overnight shift and as a handyman in his own small business. The raise brought with it more dignity for workers and boosted morale, he said."
Posted on 10/22/20 at 11:50 pm to AubieinNC2009
Here’s my two cents on this: I think minimum wage should go up. Not to $15, but to $10 as a nationwide standard, and increase it incrementally with the cost of living. $7.25 is low, very low.
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