Brain357
Platinum Member
- Mar 30, 2013
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Wrong.There was no significant cost to businesses that dont hire min wage workers, true. But for ones who do the results are the same: reduced hours, layoffs, higher prices, closure of business.
Why would prices go down when costs go up? That makes no sense at all.
As usual Billy you spew a bunch of crap you cannot possibly support because you dont know the first thing about this.
Unemployment has never gone up with a min wage increase.
But wait a minute, I thought the whole thrust of the argument for increasing minimum wage is that it's actually been going down (in real buy power). What gives?
What does that have to do with min wage increases not increasing unemployment?
It has to do with the fact that actual increases to the minimum wage have been so rare as to be statistically insignificant. There's no real data to draw from.
It was raised in :
1991
1996
1997
2007
2008 and
2009
None of those increases provided the "magic bullet to prosperity" that libs offer for raising it. And the usual excuse given for that will, as with all failed liberal programs, we didnt do it enough.
They didn't cause job losses.