Proponents of the minimum wage often cite it as a tool to uplift people from poverty. While most of these people have good intentions, their economic ignorance crushes economies in some places.
Influenced by the idiotic idea that the state can lift people out of economic turmoil, many states and cities are enacting laws that increase the minimum wage for their area. Seattle is one of these places.
Supporters of the new minimum wage expected it to give the support needed for the poor to lift themselves out of poverty and no longer use the state’s services helping them.
What actually happened will shock you.
Move to the next page:
Cut wages by at least 15% and eliminate all side benefits, sick pay, vacation pay etc. and the economy will boom for those who count.
truth and action ministries. a extreme right wing evangelic group. historically have trouble with fact checking. google them.
And will they admit the truth?
Doubtful.
SAVES TAX PAYERS MONEY! i LIKE THAT!
However, when you lift the minimum wage, you need to also make sure you don’t increase inflation or the need for government programs. You cannot get Medicaid if you are making that wage, things like that for example. It is true you cannot live on less than a living wage, so it is important to make sure along with raising minimum wage, you do not cause other issues that need to be blocked along with it.
Of course it has! They were STUPID to think this could work in an already depressed economy.
and now they will want a government bailout.
then fix the welfare program
lol ya gotta love it..!!!!
The theory is similar to a person holding himself in his hair and lifting himself up. It is impossible and will never achieve the promised results.