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Old 07-25-2014, 11:35 AM   #257
Loneiguana Loneiguana is offline
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Join Date: Nov 2012
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Quote:
Originally Posted by FishingRod View Post
“A minimum wage hike absolutely puts upward pressure on someone making $35-60k.”


Do you think that would be due to an increase in the cost of goods and services lowering the purchasing power of those 35-60 K people or some other reason?
And increase in costs due to the minimum wage is a myth.

It helps increase all wages because a higher minimum wage decreases demand for non-minimum wage jobs, which places pressure on employers to raise their wages in-order to attract employees to their business.
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