ColonelAngus
Diamond Member
- Feb 25, 2015
- 52,411
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Sanders minimum wage bill would reduce poverty by 400,000 but also kill 700,000 jobs: CBO
A minimum wage proposal by Sen. Bernie Sanders (I-VT) would cut the number of impoverished people by hundreds of thousands but cause even more lost jobs, according to a new analysis from Congress’s scorekeeper. The plan, which Sanders introduced in May, would hike the minimum wage over time...
www.washingtonexaminer.com
A minimum wage proposal by Sen. Bernie Sanders (I-VT) would cut the number of impoverished people by hundreds of thousands but cause even more lost jobs, according to a new analysis from Congress's scorekeeper.
The plan, which Sanders introduced in May, would hike the minimum wage over time, with the wage finally increasing to $17 by 2029. The Congressional Budget Office found that the Sanders plan would cause about 0.4% of the entire U.S. workforce to be cut.
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Hey, if it is not your job, who cares, right?
If you support this, then STFU about $20 COMBO MEALS at CHIK FILA.
Anyone in corporate finance knows exactly how a spike in labor costs are handled....CUT COSTS ELSEWHERE, INCLUDING HEADCOUNT.
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