$15 Minimum Wage

[mead107]

I would be pissed if I was making $16 per hour and everyone is given a raise to $15. 
 

[Spartacus]

14 hours ago, mead107 said:

I would be pissed if I was making $16 per hour and everyone is given a raise to $15. 
 

the trickle up effect

 

The spread that existed between worker levels will need to be maintained to some degree, so higher salaries all around.

at least for those are not terminated to cut costs to survive

 

more work for the survivors!!

 

Edited May 6, 2021 by Spartacus

[IDBillzFan]

From the mouths of babes.

 

Interesting video. 

 

 

[Foxx]

With the pace of inflation, $15 an hour is so yesterday.

[GG1]

5 hours ago, IDBillzFan said:

From the mouths of babes.

 

Interesting video. 

 

 

 

And yet a guy just won a Nobel last week by showing that raising minimum wages don’t impact entry level, low skill jobs at all.

 

 

 

(Spoiler alert). The crux of the thesis is that the employers were able to pass the increased cost to the customers.  And the research was done in an era when you didn’t have as many options to automate low skilled manual work.

Edited October 16, 2021 by GG1