Increasing minimum’s will always end up hurting the poorest as when minimums go up so do the costs of everything.
Take a bike made in China vs a bike made in America. They will be about the same quality yet the American one WILL be 2x more because they are paying a lot more per worker.
Yes I know there are more nuances but in general how shot works. If you are no longer paying a CEO the wage of 10-50 workers that money can be now used to drive down the price of your products or pay your workers a proper wage
That’s not my issue, removeding about a problem that is not the actual problem. Real issue is the top executives pay.
Why ya think Eron Musky and Bozos are against unions?
ok wait, your goal is income equality and you don’t believe too low of a minimum wage is a problem but only maximum wage should be a focus? I’m just trying to understand this ideology. You seem to disfavor the rich in your comments, so you don’t believe in wealth hording but you might believe their message of “pull yourself up by the bootstraps?” I can see it, just not understanding what you’re getting at completely.
How much did the min wage increase over that time period?
If you get the point you’re just being a bad actor.
How much has CEO wages increased over that time period?
Maximum wage over higher minimum’s to address income inequality
Since 1978 CEO pay increased over 1000%, average workers 28%
Too low min wage is the problem… Right
You don’t see a tie between the two?
Also curious why you replied twice with the same statement?
Increasing minimum wages greatly increases inflation. Over paid CEO’s exponentially increases inflation.
Addressing actual issues will solve problems.
Increasing minimum’s will always end up hurting the poorest as when minimums go up so do the costs of everything.
Take a bike made in China vs a bike made in America. They will be about the same quality yet the American one WILL be 2x more because they are paying a lot more per worker.
Yes I know there are more nuances but in general how shot works. If you are no longer paying a CEO the wage of 10-50 workers that money can be now used to drive down the price of your products or pay your workers a proper wage
How about a maximum wage, minimum wages don’t address the issue of income equality.
Y’all are just trying to climb the shit ladder hung in front of yall
It’s ok. They stopped eating avocado toast. You can calm down now.
That’s not my issue, removeding about a problem that is not the actual problem. Real issue is the top executives pay.
Why ya think Eron Musky and Bozos are against unions?
ok wait, your goal is income equality and you don’t believe too low of a minimum wage is a problem but only maximum wage should be a focus? I’m just trying to understand this ideology. You seem to disfavor the rich in your comments, so you don’t believe in wealth hording but you might believe their message of “pull yourself up by the bootstraps?” I can see it, just not understanding what you’re getting at completely.
Too High of minimum wage with population increases exponentially increases inflation.
Targeting the root issue will fix the problem. Putting a bandaid on a bullet wound won’t do fuck all.
No it is not an instant solution, nothing is unfortunately