Elwood Diggler
Well-Known Member
Why not instead mandate that every one under 30k a year get a 50% raise, between 30k and 60k a 20% raise, and have some mechanism to even out the raise difference between the two groups there.
Because if you take minimum wage up to 15 an hour, what happens to the hard working folks making 18 an hour? They just got poorer.
no it doesn't. it will raise demand for goods which will result in more $18 hr jobs.