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TopicHouse votes to raise minimum wage to $15/hour by 2025
DevsBro
07/19/19 11:53:31 AM
#157:


Subsidized labor makes a lot more sense than minimum wage tbh.

Have the gov't chip in a few bucks per hour/a few k per year for everybody. Labor stays cheap for the employer, employees can live better, poor people get the biggest boost proportionally speaking, people are encouraged to work, the uneven tax brackets that fund it shift aid to the poor.

Subsidies do have their downsides but not even remotely as badly as price floors do.
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