LogFAQs > #924861568

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Topic	House votes to raise minimum wage to $15/hour by 2025
Questionmarktarius 07/18/19 2:30:17 PM #25:	DevsBro posted... CommonJoe posted... darkjedilink posted... And where is all that money going to come from? Out of the pockets of individuals and corporations that will still be making way more than they should be. Partially. Partially out of the consumer's pocket. Employment and prices, in the aggregate anyway, are unlikely to be significantly affected, outside of a quick inflation blip. What will happen, however, is fewer hours per employee, and increased marginalization of anyone with a neck tattoo, criminal history, or crappy (or non-existant) car, and also single parents. <cite>Questionmarktarius posted [p:924861568] in House vote... [t:77872603]...</cite> <quote><cite>DevsBro posted...</cite> <quote><cite>CommonJoe posted...</cite> <quote><cite>darkjedilink posted...</cite> <quote>And where is all that money going to come from?</quote> Out of the pockets of individuals and corporations that will still be making way more than they should be.</quote> Partially. Partially out of the consumer's pocket.</quote> Employment and prices, in the aggregate anyway, are unlikely to be significantly affected, outside of a quick inflation blip. What will happen, however, is fewer hours per employee, and increased marginalization of anyone with a neck tattoo, criminal history, or crappy (or non-existant) car, and also single parents.</quote> ... Copied to Clipboard!
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