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Ocasio-Cortez thinks DHS should be abolished

#57

(07-15-2019, 02:27 PM)StroudCrowd1 Wrote:
(07-15-2019, 02:21 PM)TJBender Wrote: $15/hr. will be great until the trickle-up effect raises everyone else's salaries, forcing employers to cut jobs as inflation in other areas of the economy overrides any momentary net gains from doubling the minimum wage with no economic justification for it. That screws everyone making "too much" to feel the trickle-up effects coming up from below, but who will still be hit by the spike in inflation. It's a momentary "fix" for low-income workers, and within five years we'll be hearing about how $15 is no longer a living wage, the new minimum should be $20, and we should convert our currency to yen so the big numbers don't look as bad.

How businesses respond to a forced minimum wage increase. It is very simple. Edit: I mean, look, they even tell you where to stand!

You want more money? Get a better job.

[Image: kiosks_51354.jpg]

CBO said that there would be fewer jobs.  I believe them.
The automation is part of the reason why.
But anyone who opposes it has to do more.
It's not enough to just show that there are bad side effects.
Show that the bad outweighs the good.
My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.
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Messages In This Thread
homebiscuit - by homebiscuit - 07-11-2019, 09:51 AM
RE: Ocasio-Cortez thinks DHS should be abolished - by mikesez - 07-15-2019, 02:49 PM



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