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Eateries in Seattle are beginning to shutdown as $15 dollar minimum wage looms


Quote:Publicity and the reaction to it is a huge part of market adjustments. Walmart isn't raising their wages because a new federal minimum wage requires it, they're raising their employee's wages because the market is balking at them for paying such low wages, and people like you, me and plenty of others have used other resources because of it. Walmarts not stupid, they know that, so they're adjusting their pay scale. The market not the fed is doing that.
What's the love affair with a free market that rarely works? The true free market takes advantage of the workforce and tends towards monopolies that take advantage of the economy. You are literally espousing an idea over people. You have to understand how that pisses people off. 

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Eateries in Seattle are beginning to shutdown as $15 dollar minimum wage looms - by boudreaumw - 03-17-2015, 01:56 PM



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