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Will raising the minimum wage expedite inflation?
My magic mirror says it will and soon we will be back at this topic again.
5 Answers
- ?Lv 45 years ago
Raising minimum wage causes inflation.Employers look at wages as a cost. Liberals don't understand basic economics
- Free At LastLv 75 years ago
Raising the wages of minimum wage earners or the working poor is bad bad bad for the economy, but when corporate CEOs or Wall St. Weasels suddenly make six or seven figures MORE than they did last year, then that's just capitalism working efficiently as it's supposed to.
- Anonymous5 years ago
What happened in the 21 states that raised the minimum wage?
- ?Lv 75 years ago
Raising the minimum wage just raises the cost of the goods we buy as well as layoffs. Minimum wage jobs were never structured to make a living they are jobs for students and those in-between jobs.
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