Minneapolis to vote on $15/hour minimum wage (user search)
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  Minneapolis to vote on $15/hour minimum wage (search mode)
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Author Topic: Minneapolis to vote on $15/hour minimum wage  (Read 2431 times)
Sprouts Farmers Market ✘
Sprouts
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Posts: 14,794
Italy


Political Matrix
E: -4.90, S: 1.74

« on: August 24, 2016, 03:56:49 PM »


hopefully people don't vote for something that will help them and almost everyone else
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Sprouts Farmers Market ✘
Sprouts
Atlas Icon
*****
Posts: 14,794
Italy


Political Matrix
E: -4.90, S: 1.74

« Reply #1 on: August 26, 2016, 09:20:37 AM »


hopefully people don't vote for something that will help them and almost everyone else

Like massive increases in prices  , laying off people will help people
That isn't how economics work.

Amazing that even a anarchocommunist (or whatever, you call yourself, don't bother correcting me) understands economics better than the right wing in this country. Really pathetic state of affairs we've reached.

I've previously stated support for $12 (with a slightly reduced 'teen' one), but it's not as if this is outright absurd for a typical city, which Torie notes this is not necessarily.
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Sprouts Farmers Market ✘
Sprouts
Atlas Icon
*****
Posts: 14,794
Italy


Political Matrix
E: -4.90, S: 1.74

« Reply #2 on: August 26, 2016, 12:57:37 PM »

Wow, a single concept taken in a vacuum with acknowledging what happens to consumption and demand for products, or anything else for that matter, as a result of this change. What a novel approach! How did all the economists miss it?!
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